In a move that sent shockwaves through the crypto world, BlackRock—the world's largest asset manager—has reportedly purchased $2.7 billion worth of Bitcoin during last week's dip, fueling rumors that the next Bitcoin supercycle is underway.
Why This Is Huge: BlackRock managing over $10 trillion in assets means their moves are not casual. This isn't just an investment—it’s a statement. The traditional finance titan, once skeptical of Bitcoin, is now treating it like digital gold, reinforcing the asset’s legitimacy across the global financial system.