#blackRock
In a recent revelation from Arkham Intelligence, it has been confirmed that BlackRock, the world’s largest asset manager, is currently offloading Bitcoin. ($BTC ) holdings through its exchange-traded fund (#ETF ) iShares Bitcoin Trust (IBIT). Contrary to earlier expectations of continued purchases, the firm is now selling Bitcoin, signaling a change in strategy. Arkham Intelligence shared the news on social media, accompanied by a detailed analysis of the transaction flows, showing a clear move away from Bitcoin by BlackRock.

The announcement has raised concerns within the crypto community, as BlackRock’s influence in the space had grown significantly following its Bitcoin ETF launch. Many analysts previously believed that the firm’s presence played a crucial role in driving $BTC ’s recent price surge. However, Arkham Intelligence’s findings suggest that BlackRock’s decision to sell could be a response to the recent pullback in Bitcoin’s market value.

The situation has further intensified following BlackRock's significant sell-off of $188.7 million worth of Bitcoin on December 26, marking its largest liquidation to date. On the same day, the firm moved $1.88 billion in BTC to Coinbase wallets in a series of transactions, leaving the market uncertain about whether #BlackRock⁩ intended to fully divest its holdings. This move has sparked speculation that BlackRock may be positioning itself for a market correction, with some investors viewing the sell-off as a bearish sign, while others perceive it as an opportunity to buy at lower prices.

In addition to these moves, BlackRock’s Bitcoin #ETF , IBIT, recorded a notable outflow of $332.6 million on January 2, 2024—the largest net outflow in a single day. Despite some subsequent inflows, the pattern of outflows has raised alarms among market watchers. As of now, IBIT holds over $56 billion in assets, maintaining its position as the largest Bitcoin ETF globally. While the firm has played a pivotal role in BTC’s recent rally, these recent sales and outflows could signal a shift in its approach to Bitcoin, prompting both institutional and retail investors to reassess their positions.

At the same time, #BlackRock⁩ has sparked additional controversy with a video questioning the immutability of Bitcoin’s 21 million supply cap. The video, which was widely discussed after being shared by MicroStrategy's Michael Saylor, suggests that there may be room for altering Bitcoin's supply limit. While this notion has drawn mixed reactions, with some fearing potential manipulation of Bitcoin's core principles, others argue that it may be part of a broader strategy to prepare the market for a possible future change.
#AIXBT,COOKIE,CGPTOnBinance #NFPCryptoImpact

Trump's DeFi platform will heavily pump these 3 altcoins - Overview - Altcoin Buzz

Ethereum ($ETH) is one of the OG altcoins World Liberty Financial (WLFI) has $ETH 6. The company has invested $6.119 million in $ETH. The average purchase price was $3,784. However, the current price of $ETH is $3,666. This means that the platform has actually fallen in value by $1,920000. That's 79% of their assets!
Then one might ask why WLFI bought Ethereum in the first place. As I said in the beginning, Ethereum is an OG coin. In other words, it can be called an inherited coin. Now we are seeing several legacy coins experiencing strong growth. For example, Ripple $XRP and Cardano $ADA: $XRP went from 50 cents in November to $2.82 in December. That's a five-fold increase. ADA went from 35 cents in November to $1.30 in December. That's almost a fourfold increase.
Meanwhile, #ETH went from $2,430 in November to $3,650. That's not even a doubling. It also suggests that Ethereum's growth is far from over. Ethereum's growth is likely to continue. Say,
I'm targeting $10,000, which is three times what WLFI bought $ETH, an investment of $61 million, which would still amount to $183 million in profit. That's the point of a large investment. You can play it safe and still make a big profit.
#Ondo Finance ($ONDO) is a leader in the RWA sector. It is a real world asset. Almost anything can be tokenized. That is exactly what the RWA sector is doing. WLFI has invested $250k in $ONDO. Currently $44k in $ONDO is negative. So why are Trump and WLFI interested in $BTC Well, there are several reasons. For example, Ondo has a partnership with #BlackRock . It's one of the largest investment firms in the world. In addition, Ondo has tokenized US Treasury bills. These bills are backed by the U. S. government.
The RWA sector has great potential. Analysts believe the RWA market will be worth $50 billion this year, with Ondo leading the way.

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#TrendingTopic #InvestSmart

BlackRock reveals the only two cryptocurrencies worth buying

BlackRock has moved from skepticism to acceptance of #cryptocurrencies . Initially hesitant, it launched a #bitcoin #ETF with SEC approval after Grayscale had a legal battle with the SEC over a similar product.
Bitcoin fund #BlackRock has achieved historic success, with assets under management (AUM) exceeding $50 billion in just 11 months. The fund's unprecedented performance has led to speculation that its AUM could surpass that of gold ETFs in the coming years, and institutional investor interest has shifted significantly away from traditional funds. Nate Geraci, CEO of ETF store
, said that if the price of bitcoin doesn't fall in 2025, the BlackRock Bitcoin Fund (IBIT) could overtake the world's largest gold ETF. He predicted that it could overtake the SPDR Gold Shares.
earlier this year, BlackRock's Robert Mitchnack said investors are showing "little interest" in other cryptocurrencies, suggesting that altcoin's growth potential remains limited.
BlackRock's cryptocurrency strategy focuses on bitcoin and Ethereum, but a broader market is developing. Companies such as Franklin Templeton and Van Eck are exploring blockchain projects such as Solana (SOL), and there is optimism that altcoins could gain momentum with future ETF approvals.
Franklin Templeton Franklin Templeton Franklin Templeton has been a strong supporter of Solana, calling it one of the most promising blockchain projects. Meanwhile, WisdomTree, Bitwise and Canary Capital have filed applications to create an XRP ETF, signaling a growing interest among institutional investors to expand their cryptocurrency offerings beyond these two giants.
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