#BlackRock⁩ BlackRock has surpassed Binance to become the | Thomas Anderson on Binance Square

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Thomas Anderson

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#BlackRock⁩ 
BlackRock has surpassed Binance to become the second-largest holder of BTC after Satoshi Nakamoto.
It now holds over 274,000 BTC — highlighting the growing influence of institutional investors in the cryptocurrency market.
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Interesting — the whale who longed Bitcoin with a billion is now going long on the #SUİ token. $SUI

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#USDC crashed by 99.7% In just 5 minutes, the stablecoin on the SUI network plummeted to $0.003 on Cetus, losing its peg to the dollar. The reason — hackers breached the Cetus DEX, the main liquidity pool provider on the SUI blockchain — many tokens on SUI dropped by as much as 80%. Trading has been halted, so scooping up "stablecoins" at 0.3 cents is no longer possible. More interesting news — subscribe $USDC

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#TrendingTopic “The end I warned the world about has come. Hyperinflation is here.” Millions of people, young and old, will be financially destroyed, — says Robert Kiyosaki, author of “Rich Dad, Poor Dad.” “The U.S. Treasury bond auction failed — investors didn’t show up. As a result, the Fed quietly printed money and bought $50 billion of its own bonds.” The good news: gold will rise to $25,000, silver to $70, and BTC to $500,000 or even $1 million. More interesting news — subscribe

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#SEC GOOD NEWS !🇺🇸 The SEC is changing its approach to the crypto industry. Key points: 🔴 They will support innovation rather than block it. 🔴 Open to transparent dialogue with market participants. 🔴 Will begin developing clear rules for crypto assets. 🔴 Will allow trading of both securities and non-securities under a single license. 🔴 The SEC's Fintech Center (FinHub) will no longer be a tool of pressure — its functions will be redistributed among other departments. 🔴 The new course is the integration of innovation into the regulator’s culture. More interesting news — subscribe

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$22,000,000,000,000 Market Cap in Store for Bitcoin (BTC) and Crypto, According to Billionaire Mike Novogratz Galaxy Digital chief executive Mike Novogratz believes the market cap of Bitcoin (BTC) and crypto will eventually catch up to the valuation of one soaring asset. In a new CNBC interview, the billionaire says that crypto’s correction earlier this year is largely due to an overexuberant investor sentiment along with the launch of speculative assets, including the Official Trump (TRUMP) memecoin. But Novogratz notes that the markets needed the correction to cool off and set the stage for Bitcoin and crypto to surge to new all-time highs. “We had a euphoric top right around [Trump’s] inauguration and a combination of a lot of things: Trump coin and whatnot… Crypto went back and tested where the [US presidential] election breakout was. Now it looks like we’ll take out $106,000, $107,000, $108,000 and make the next to $130,000, $150,000.” Zooming out, Novogratz believes that Bitcoin and crypto will witness a massive surge in market cap over time and rival gold’s current valuation of about $22 trillion. “And at that point, you’re at price discovery. I keep thinking that gold is a $22 trillion asset and crypto is a $2 trillion asset. And at one point, as more and more young people inherit the money from old people who kiss the face of god, you’re going to see crypto equal gold and that’s a long way from here.” Last year, the billionaire said the millennials, who stand to inherit the largest transfer of wealth in history, are more inclined to invest in digital assets than their boomer parents or relatives. The great wealth transfer will hand $90 trillion in assets to millennials over the next 20 years, according to the global real estate consultancy firm Knight Frank’s 2024 Wealth Report. #BitcoinTrends

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