Could Dogecoin Be the Next Bitcoin?
During the past decade, Bitcoin (CRYPTO: BTC) has undergone one of the most remarkable image transformations in financial history. What began as an obscure digital currency dismissed by Wall Street veterans has evolved into a legitimate store of value held by corporations, hedge funds, and even sovereign nations.
Back in 2017, Chief Executive Officer Larry Fink famously suggested that Bitcoin was little more than a tool for money laundering. Fast forward to today, and BlackRock now offers one of the most popular spot Bitcoin exchange-traded funds (ETFs) -- the iShares Bitcoin Trust ETF.
So, what changed? After surviving multiple crypto winters, market crashes, and a turbulent regulatory landscape, Bitcoin has proven its resilience and staying power. Even its harshest critics have come to acknowledge its role as a durable asset.
Source Fool.com