BlackRock manipulates the entire market, both this and the stock market.
Marcos189
--
Bullish
Robert Kiyosaki accuses BlackRock of manipulating Bitcoin
The prominent author and advocate for Bitcoin (BTC), Robert Kiyosaki, has raised a controversial theory about the recent volatility of the leading cryptocurrency, which continues to struggle to surpass $100,000.
Kiyosaki, known for his book Rich Dad Poor Dad, pointed out in a post on X on December 27 that BlackRock (BLK), the world's largest asset manager, might be manipulating the price of Bitcoin in favor of institutional investors.
According to Kiyosaki, BlackRock's CEO, Larry Fink, could be "massively selling Bitcoin" to reduce its value and allow institutions to purchase the cryptocurrency at a lower price, below $100,000.
BlackRock and the impact on the Bitcoin market BlackRock has gained prominence in the Bitcoin market following the launch of its Bitcoin-based exchange-traded fund (ETF). Despite this, Kiyosaki has expressed his rejection of Bitcoin ETFs.
Additionally, he recalled the statements of former presidential candidate Vivek Ramaswamy, who labeled Larry Fink as a "Marxist" and accused BlackRock of prioritizing stakeholder capitalism over shareholder capitalism.
Declines in BlackRock's Bitcoin ETF Although Kiyosaki's accusations have not been verified, his comment coincides with a significant outflow from BlackRock's Bitcoin ETF, iShares Bitcoin Trust (IBIT), which recorded a historic withdrawal of $188.7 million on December 24.
Furthermore, speculation increased after BlackRock deposited 828 BTC, valued at nearly $80 million, into Coinbase on December 23. This move generated rumors about a potential sale by the investment management firm.
Despite concerns about possible manipulation, Kiyosaki remains optimistic about the future of Bitcoin. In his latest forecast, he predicted that the price of the cryptocurrency will reach $350,000 by 2025.
$XRP It's quite funny to see how it follows BTC, but only on the drops; not when it has gone up to 109k... by the way, today, the BTC and ETH options are fulfilled
This is organized, Powell did a favor to the funds; they are the ones who rule; like BlackRock for example.
Scraly
--
If Bitcoin was created to be a decentralized "currency", because when the Government makes a positive comment, it (Bitcoin) gains value, and when the Government speaks badly it loses value, often having a significant drop. (A small doubt for someone who has recently started in the cryptocurrency market, but I understand that the money that we grew up having a lot of contact with it will disappear in the future).
$XRP My vision of the graphs and accuracy is 100%. There are 2 indicators that never fail, and I have checked them several times. 1. When I buy, it automatically goes down. 2. When I sell, it automatically goes up. Meanwhile, we will go sideways. Regards and don't follow me, I bring bad luck...😉