Crypto’s New Kingmaker: BlackRock or Binance?
BlackRock’s aggressive push into crypto with its
Bitcoin ETF and Ethereum exposure has all of Wall Street and CNBC suits flooding in, but here’s the twist: Pursuits of decentralization aren’t celebrating.
With TradFi giants like BlackRock shaping price action and policy influence, are we witnessing the quiet dethroning of exchanges like Binance? Or is this the perfect combination of old money and the ideals of crypto?
Binance remains the center and the heart of all retail crypto currencies, and the stakes would be true, but the narratives are shifting. The power to move markets is slowly tilting towards institutions and this changes everything, from the listing of tokens to regulatory ideals.
And therefore, I ask all of you, is BlackRock the trojan horse in the commune enterprise of crypto?
Tell me what you think!
