CoinDesk Podcast Network COINDESK DAILY: Bitcoin Could Disrupt USD’s Role as World Reserve: BlackRock CEO
Apr 1, 2025
BlackRock's CEO raises alarms about Bitcoin potentially displacing the U.S. dollar as the leading reserve currency. The podcast delves into how investment diversification is key in today's volatile landscape. It also highlights the resurgence of Bitcoin in darknet markets as Monero faces liquidity challenges. Plus, Ethereum's growing dominance over Solana in decentralized exchanges adds another layer to the evolving crypto narrative.
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Bitcoin as Reserve Currency
- Larry Fink, BlackRock CEO, warns that Bitcoin could replace the U.S. dollar as the world reserve currency.
- This could happen if the U.S. doesn't manage its national debt.
Darknet Markets Return to Bitcoin
- Criminals are switching back to Bitcoin after Monero was delisted from major exchanges like Binance.
- Law enforcement targets darknet markets involved in fentanyl trade.
Ethereum Surpasses Solana on DEXs
- Ethereum surpassed Solana in decentralized exchange (DEX) trading volume in March.
- This happened for the first time since September, amidst a bearish market, especially for meme coins.