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No, BlackRock Is Not Buying XRP Recently, a rumor suggesting that BlackRock, the world's largest asset manager with over $9 trillion in assets under management, might be pivoting its digital currency strategy from Bitcoin to XRP caught fire on the X social media platform. However, closer inspection reveals the rumor lacks credible sourcing, and it's clear that excitement among the XRP community was unwarranted. The anatomy of fake rumors The origin of this buzz appears to be a tweet from a fake news account, WallStreetBulls, that speculated on a "shift in institutional confidence towards more sustainable and efficient digital assets." This was further amplified by a story on Investing.com, which claimed BlackRock was reevaluating its stance on Bitcoin in favor of XRP without citing any sources.

No, BlackRock Is Not Buying XRP

Recently, a rumor suggesting that BlackRock, the world's largest asset manager with over $9 trillion in assets under management, might be pivoting its digital currency strategy from Bitcoin to XRP caught fire on the X social media platform.

However, closer inspection reveals the rumor lacks credible sourcing, and it's clear that excitement among the XRP community was unwarranted.

The anatomy of fake rumors

The origin of this buzz appears to be a tweet from a fake news account, WallStreetBulls, that speculated on a "shift in institutional confidence towards more sustainable and efficient digital assets." This was further amplified by a story on Investing.com, which claimed BlackRock was reevaluating its stance on Bitcoin in favor of XRP without citing any sources.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD. NEW YORK – A Manhattan jury has found Terraform Labs and its co-founder, Do Kwon, liable on civil fraud charges brought by the U.S. Securities and Exchange Commission (SEC) in connection with the $40 billion implosion of the Terra ecosystem in May 2022, according to a Friday statement from the SEC. The SEC accused Terraform Labs and Kwon of misleading investors about the stability of its so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases for the Terra blockchain. The jury delivered the verdict on Friday, just two hours after lawyers for both the SEC and the defendants gave their closing arguments at the end of the nine-day trial in New York. Jurors agreed with the SEC that Kwon and, under his direction, Terraform Labs deceived everyday investors about the nature of the supposed algorithm that kept UST pegged to the U.S. dollar. Though Kwon insinuated that it could “automatically self-heal” in the event of a de-peg, it actually relied on continuous trading activity, including large-scale trading done by institutional investors. “We are pleased with today’s jury verdict holding Terraform Labs and Do Kwon liable for a massive crypto fraud,” Gurbir Grewal, SEC Division of Enforcement director, wrote in a statement. “The defendants caused devastating losses for investors and wiped out tens of billions of market value nearly overnight. For all of crypto’s promises, the lack of registration and compliance have very real consequences for real people. As the hard work of our team shows, we will continue to use the tools at our disposal to protect the investing public, but it is high time for the crypto markets to come into compliance,” Grewal added. #LUNA #LUNC #DoKwon $LUNC $LUNC
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Understanding ENA’s Fundamentals & Price Prediction Ethena (ENA) is not just another cryptocurrency; it stands out with its unique proposition and governance model. As the designated governance token of Ethena, a cutting-edge protocol aiming to revolutionize the decentralized finance bond system outside traditional banking, ENA is at the forefront of facilitating a novel economic ecosystem. With the innovative approach towards creating a dollar-pegged synthetic token, Ethena showcases the potential for a new era in financial inclusivity and stability. The excitement around ENA is palpable, especially with the upcoming airdrop earmarked for participants in its shard campaign, demonstrating Ethena’s commitment to engaging and rewarding its community. Spanning from its remarkable growth post-seed round funding to the anticipation surrounding the airdrop’s 30-day window, ENA encapsulates the dynamic spirits of digital finance. Understanding the fundamentals becomes crucial as you delve into Ethena (ENA) price prediction analyses. Equally important are the factors influencing ENA’s price, which will be comprehensively explored. This article aims to provide insights into ENA’s performance, leveraging fundamental analysis and machine learning models for nuanced price forecasting. From delving into ENA’s operational framework on Binance Launchpool to outlining strategic investment approaches, the forthcoming sections intend to offer a well-rounded perspective on navigating the possibilities that Ethena (ENA) holds for savvy investors and enthusiasts alike. Ethena (ENA) Price Prediction 2024: The price is expected to fluctuate between $1.70 and $4.00, with an average settling at $2.85 2025: A significant jump, with prices ranging from $5.40 to $7.10 and an average of $6.25, indicating growing investor confidence. 2026: Doubling down, the forecast suggests a range of $10.00 to $15.50, with an average price of $12.75, as Ethena continues to expand its ecosystem. $ENA #ENA #ENALAUNCHPOOL
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