The revival of Wall Street is finally here, according to Wall Street

Huge investment firms now control twice as many assets as once-dominant US banks. Managing sums which rival the economies of large countries across the world. US banks now control more than half the assets they once did in the U.S. BlackRock now controls the majority of the world's assets.

Wall Street bosses are not hiding their enthusiasm about Wall Street. First-quarter jumps in investment banking spur new hopes for a sustained dealmaking revival. Wall Street says a Wall Street revival is finally here. Wall Street is finally back on the track after years of stalling.

BlackRock's push into crypto has been expeditious, but it may be hitting the brakes after bitcoin and ether. Investors are focused 'overwhelmingly' on bitcoin over other cryptocurrencies, BlackRock says. BlackRock: Bitcoin and ether are the two most popular cryptocurrencies in the world.

BlackRock says bitcoin returns likely to come down now that it has been embraced by Wall Street. Robert Mitchnick, BlackRock's digital assets lead, discusses bitcoin cycles and volatility at Bitcoin Investor Day. BlackRock: Bitcoin returns are likely to fall now that Wall Street has embraced it.