Major institutional moves: BlackRock just scooped up 1,333 Bitcoin—worth well over $115 million—right on the heels of the year-end holiday period. This timing is notable. When mega-players like BlackRock make sudden accumulation plays, market watchers typically pay attention. The move signals renewed appetite from traditional finance for crypto's flagship asset. Whether this reflects confidence in Bitcoin's momentum heading into the new year or positions institutional players ahead of anticipated volatility remains the conversation traders are having.
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GasGuzzler
· 5h ago
Blackstone's move, traditional finance can no longer hold back.
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AirDropMissed
· 7h ago
Blackstone's move is signaling retail investors, right? The New Year is about to take off.
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MiningDisasterSurvivor
· 8h ago
Coming with this again? I've already gone through the disaster of 2018. When institutions enter, they celebrate; when they withdraw, everyone runs. I can recite this cycle by heart.
115M is just a drop in the bucket for BlackRock. Don't take yourself too seriously; retail investors entering are the real bagholders.
Major institutional moves: BlackRock just scooped up 1,333 Bitcoin—worth well over $115 million—right on the heels of the year-end holiday period. This timing is notable. When mega-players like BlackRock make sudden accumulation plays, market watchers typically pay attention. The move signals renewed appetite from traditional finance for crypto's flagship asset. Whether this reflects confidence in Bitcoin's momentum heading into the new year or positions institutional players ahead of anticipated volatility remains the conversation traders are having.