Altcoins currently represent 31% of the total cryptocurrency market capitalization and generate over $4 billion in annualized network revenue. Key networks like Ethereum, Solana, and Hyperliquid produce substantial real revenue comparable to mid-cap software firms, driven by token burn and buyback programs that reduce supply. Institutional adoption is moving from viewing crypto as currency to infrastructure, with tokenization of securities and commodities tripling to $18.6 billion in 2025 and major financial players like BlackRock and JPMorgan integrating blockchain solutions. This shift highlights the importance of including altcoins in portfolios as a foundational infrastructure layer beyond Bitcoin.
BlackRock reported strong Q2 results with net inflows of $192 billion, pushing assets under management (AUM) to a record $15.3 trillion. The firm's ETF business showed strong momentum, supported by new product launches and inclusion in Trump accounts...
BlackRock, Inc. reported a strong second quarter marked by record inflows, increased base fees, and double-digit revenue growth, highlighting the strength of its business model. The company's expansion into private markets and technology services is ...
BlackRock reported quarterly earnings per share of $13.91, surpassing analyst estimates of $12.69, and revenue of $7.08 billion, exceeding expectations of $6.73 billion. The company’s assets under management reached a record $15.3 trillion, a 22% inc...
BlackRock reported Q2 adjusted earnings of $13.91 per share, surpassing analyst estimates of $12.57, driven by record net inflows of $191.7 billion and a 31% revenue increase to $7.08 billion. Assets under management rose 22% to $15.34 trillion, with...
US stock futures rose after a softer-than-expected Consumer Price Index (CPI) report reduced the chances of a Federal Reserve rate hike in July. The market now awaits today's Producer Price Index (PPI) data, which could either confirm easing inflatio...
