Blackrock, Jpmorgan To Drive The Next Bull Run
Forbes reports that JPMorgan and BlackRock are preparing for a potential Bitcoin bull run, which could also affect Ethereum and Ripple.
The report suggests that the crypto market is set to witness a significant surge in the coming months, following a false report that spiked Bitcoin’s market value to the $30,000 mark before correction to its current level.
The report also predicts a “big BlackRock-led earthquake” in the crypto space this month, following the US Securities and Exchange Commission’s approval of the BlackRock spot Bitcoin Exchange-Traded Funds (ETF).
This comes after a false report on the SEC’s approval of the BlackRock spot Bitcoin Exchange-Traded Funds. The crypto market is expected to face a significant surge in the coming months.
Forbes highlighted BlackRock as the first Wall Street titan to use JPMorgan’s blockchain-based collateral segment.
(With inputs from Shikha Singh)
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