• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Adoption Outpaces Internet, Says BlackRock

user avatar

by A1

25 days ago


BlackRock's report claims that cryptocurrency adoption is surpassing the speed of Internet and mobile phone adoption.

Comparison with Early Internet

In its recent report, BlackRock compares the growth of Bitcoin and other digital assets to the early days of the Internet. One of the executives noted, 'The adoption of Bitcoin and crypto is like watching the internet take off in real-time.'

The adoption of Bitcoin and crypto is like watching the internet take off in real-time.one of BlackRock's executives

Growing Interest in Cryptocurrencies

Cryptocurrencies have transitioned from niche investments to mainstream asset classes. Major financial institutions, such as JPMorgan and Goldman Sachs, have started offering crypto-related services. Companies like Tesla and MicroStrategy have invested heavily in Bitcoin, while governments like El Salvador have adopted Bitcoin as legal tender.

BlackRock's Role in Crypto World

BlackRock plays a significant role in the crypto derivatives market. IBIT options, underpinned by BlackRock’s spot Bitcoin ETF, have gained traction among both institutional investors and retail traders, highlighting growing interest in innovative products.

BlackRock's report highlights that cryptocurrencies are quickly becoming mainstream, driving significant changes in financial markets.

0

Share

Other news

How Meme Coins Are Changing Wealth Perception

Examining the impact of meme coins on financial opportunities through Dogecoin and others.

user avatarA1

a few seconds ago

BlackRock Raises Stake in Strategy to 5%

BlackRock increases its stake in Strategy to 5%, equating to around 11.2 million shares, underscoring interest in Bitcoin.

user avatarA1

a minute ago

Toncoin Analysis: Current Trends and Opportunities

Toncoin shows negative movement: analyzing the implications and potential prospects for investors.

user avatarA1

2 minutes ago

New Token: Potential to Surpass Dogecoin and PEPE by 2025

Discover a token with a unique strategy poised to outperform Dogecoin and PEPE by 2025 through community support.

user avatarA1

2 minutes ago

Cryptocurrencies: Web3Bay, Binance Coin, and Ripple XRP Development

An analysis of Web3Bay, Binance Coin, and Ripple XRP projects amid market and regulatory changes.

user avatarA1

2 hours ago

CleanSpark Increases Revenue and Achieves Net Income in 2024

CleanSpark reported a 120% increase in revenue and strengthened its position in Bitcoin mining in 2024.

user avatarA1

2 hours ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.