BlackRock has added Bitcoin tokens worth over $400 million to its portfolio. The move is possibly a reaction to recent reports of an upcoming rate cut and Citibank’s estimate for BTC price. BlackRock’s report underlines the market value of its holdings to more than $90 billion as of early October
Fidelity has expanded its holdings for Bitcoin and Ethereum tokens. The move comes at a time when BTC price and ETH price are starting to maintain their positive moves. The collective worth of expanded holdings comes to more than $400 million, when respective transactions were executed. BlackRock recently added Ether
Prices of meme coins are up over the past 24 hours. This has triggered hopes for a bull run for the entire segment. MemeCore (M) is seen leading the uptrend. Overall, many global cryptocurrencies are showing a sign of recovery at the moment. Some cryptos, however, are still testing crucial
The crypto assets have entered the bearish zone, with their price action going down. Notably, the market cap has slipped by over 1.87%, reaching $3.75 trillion. The largest asset, Bitcoin (BTC), after a series of ups and downs, is still seeking to escape the bear trap. BTC has stepped into
Fidelity has sold Bitcoin tokens worth more than $75 million. The move comes at a time when Spot Bitcoin ETF recorded an outflow for the second consecutive day. The transaction involved approximately 671 tokens. Meanwhile, BTC Price is hovering around a crucial resistance level at the moment. Bitcoin Tokens Sold
Metaplanet, a big Japanese firm betting hard on Bitcoin, just added 5,419 more coins to its pile on September 22. They paid about 93.6 billion yen, or $632.53 million, at roughly $116,724 per coin. This bumps their total stash to 25,555 Bitcoin. Scaling Up Bitcoin Reserves The company’s total Bitcoin
The bears are holding the market strong, sweeping the majority of the assets into the red zone. With the asset price losing momentum, the BTC market faces downside pressure. After a series of ups and downs, the price chart illustrates an intense downtrend, and currently the asset lost by over
Japan’s Metaplanet has unveiled Metaplanet Income Corp., a wholly owned subsidiary created under its U.S. holding company, Metaplanet Holdings, Inc. The new entity is designed to strengthen the firm’s Bitcoin Income Generation Business, which has grown into a steady revenue engine for the group. By setting up a platform in
BlackRock, an investment management firm, sold more than 4,000 Ethereum tokens. These were collectively worth over $20 million. BlackRock previously bought more than 1,700 Bitcoin tokens for over $200 million. Selling Ether triggered speculation around ETH price correction ahead of rate cuts. Nevertheless, BTC price and ETH price predictions seem
Nasdaq-traded livestreaming firm GD Culture Group had its worst trading day in more than a year, falling 28% after declaring an $875 million acquisition of Bitcoin. The stock crash followed when investors came to know that the company would sell almost 39.2 million new shares to close the cryptocurrency buy
