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news-imageOctober 31, 2024

BlackRock Expands Bitcoin Holdings to Nearly $27 Billion: What This Means for the Market

BlackRock, the largest asset management firm globally, has raised its Bitcoin holdings to nearly $27 billion. With approximately 403,725 BTC now under its control through the iShares Bitcoin Trust ETF, valued at around $26.98 billion, this move highlights a burgeoning confidence in Bitcoin as a serious investment asset.
Publisher: The Currency Analytics
Sentiment: Positive
BTC

More News Articles

Positive
cover-imageCoinPedia
October 31, 2024

Will Bitcoin Price Hit $100K in Next 30-Days?

Bitcoin is on the rise, inching closer to its all-time highs and currently sitting just under 1% below the peaks reached earlier in 2024. This surge raises the intriguing question of how much further the price could climb and who is behind the significant demand for Bitcoin.

Positive
cover-imageThe Currency Analytics
October 31, 2024

Peter Brandt Suggests Bitcoin's Post-Halving Rally Could Be Underway

Renowned trader Peter Brandt has made headlines by suggesting that Bitcoin's post-halving rally may already be underway. In a recent post on social media platform X (formerly Twitter), Brandt, a prominent figure in the trading community, highlighted key technical indicators that point to a potential shift in Bitcoin's price trajectory.

Negative
cover-imageCryptopolitan
October 30, 2024

Reddit sold off most of its Bitcoin in September, SEC filing shows

Reddit sold the majority of its cryptocurrency holding, mainly dominated by Bitcoin, before BTC started pumping up in October, as revealed in its latest Securities and Exchange Commission (SEC) filing. The news comes as Bitcoin has experienced a significant price gain that cryptocurrency traders have coined the term ‘Uptober.

Positive
cover-imageCrypto Reporter
October 30, 2024

Dogecoin (DOGE) and Litecoin (LTC) Huge Upswings Underway as Bitcoin Crossed $70K – Experts Say to Watch This New Altcoin for a Potential 55X Gain

After several failed attempts, Bitcoin (BTC) finally crossed $71,000—a hair's breadth away from its all-time high of $73,000. With sentiment quickly turning bullish, the overall crypto market is exploding in a matter of time. Top altcoins like Dogecoin (DOGE) and Litecoin (LTC) are cryptos to watch out for.

Neutral
cover-imageBenzinga
October 30, 2024

Bitcoin, Ethereum, Dogecoin Dip After Strong Tuesday—Analysts Predict 'Unprecedented Highs Can Be In Development'

Cryptocurrency markets are trading relatively flat after Bitcoin's run above $71,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $71,930.79 -1% Ethereum (CRYPTO: ETH) $2,662.75 -1.3% Solana (CRYPTO: SOL) $174.39 -2.3% Dogecoin (CRYPTO: DOGE) $0.1684 -1.4% Shiba Inu (CRYPTO: SHIB) $0.00001844 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 57.6% and daily active addresses growing by 7.8%.

Positive
cover-imageBitcoin
October 30, 2024

Bitcoin's Hashrate Hits All-Time High at 740 EH/s—What It Means for Miners

As bitcoin's price nears its all-time high, the network's hashrate is hitting impressive heights once again this year. Bitcoin's Computational Power Climbs to New Highs—Will the Trend Continue? Following the trajectory of BTC's rising value against a variety of fiat currencies, including the U.S. dollar, bitcoin's network hashrate is soaring. At 11:30 a.m.

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