blackrockethpurchase

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🇺🇸 Elon Musk says the bill Congress wants to pass is "debt slavery for the American people."

Elon Musk has criticized the One Big Beautiful Bill Act, saying it's "debt slavery for the American people". This bill, also known as OBBBA or OBBB, aims to extend the 2017 Tax Cuts and Jobs Act, which is set to expire. Key provisions include:
Cutting spending on programs like Supplemental Nutrition Assistance Program (SNAP) and Medicaid through stricter eligibility requirements
Allocating an additional $150 billion for defense, focusing on uncrewed drones and other technologies
Increasing the state and local tax (SALT) deduction cap from $10,000 to $40,000 and creating a new tax deduction for tips and overtime
The Congressional Budget Office estimates the bill will add $3.8 trillion to the federal government's debt over the next 10 years

Musk's criticism aligns with concerns from fiscal conservative senators like Rand Paul and Mike Lee, who argue the bill doesn't do enough to address spending. Moderate Republicans, on the other hand, have expressed concerns about Medicaid cuts and the rollback of green energy tax credits.#BlackRockETHPurchase $BTC
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Learn candlestick pattern for better understand
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Here's a structured breakdown of the $LPT /USDT pair data (as of June 4, 2025):

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📈 Current Price and Change

Current Price: $7.64

24h Price Change: -6.43%
→ A clear bearish movement over the last 24 hours.

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📊 24h Trading Summary

24h High: $8.221

24h Low: $7.619
→ Current price is very close to the daily low, indicating continued selling pressure.

Volume:

LPT: 1.93 million

USDT: $15.34 million
→ Indicates active trading, though not extremely high compared to larger-cap tokens.

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📉 Order Book Depth (Snapshot)

These are likely bid/ask prices and recent trades:

Price Level Interpretation

8.104–7.900 Resistance zone
7.799–7.646 Mid-range, recent trades

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#BlackRockETHPurchase

Here are some key points about BlackRock's Ethereum purchase¹ ² ³:
- *Significant Investment*: BlackRock, the world's largest asset manager, has made substantial investments in Ethereum, showcasing its confidence in the cryptocurrency's future. The company has purchased $48.4 million worth of Ethereum, bringing its total holdings to 1.311 million ETH, valued at approximately $3.58 billion.
- *Strategic Portfolio Diversification*: This investment reflects BlackRock's desire to diversify its crypto portfolio and strengthen its position in the digital asset market. The firm's Ethereum-focused BUIDL fund has grown to $2.904 billion in total value locked, with 93% of its capital deployed on the Ethereum network.
- *Institutional Interest*: BlackRock's move sends a strong signal to institutional investors, suggesting increased adoption of Ethereum in the coming years. This trend is underscored by the ETF inflow streaks, with 10 consecutive days of net positive flows for Bitcoin and 8 days for Ethereum.
- *Market Impact*: The purchase has sparked interest in the cryptocurrency industry, with many predicting a potential trend reversal for Ethereum. The company's commitment to digital assets is evident, even amidst market volatility.
- *Recent Transactions*: In addition to its Ethereum purchases, BlackRock has also invested in Bitcoin, acquiring 659,847 BTC, valued at approximately $71.07 billion. The firm's IBIT ETF position has risen by 25%, with 2.1 million shares valued at $99.4 million.
- *Partnership with Coinbase Prime*: BlackRock has partnered with Coinbase Prime to facilitate its Ethereum transactions, further solidifying its presence in the digital asset market. Other notable investors, such as Fidelity, have also made significant investments in Ethereum, with the two companies acquiring over $500 million worth of ETH in the past two days.
#BlackRockETHPurchase

#BlackRockETHPurchase

BlackRock has significantly increased its Ethereum (ETH) holdings through its iShares Ethereum Trust ETF (ETHA), with notable purchases in recent months. On May 20-24, 2025, BlackRock acquired 47,499.79 ETH worth approximately $123.7 million, as reported by various sources on X. Earlier in 2025, BlackRock purchased $276.16 million worth of ETH on February 4, bringing its total holdings to 1,352,934 ETH, valued at around $3.71 billion. Additionally, in December 2024, BlackRock and Fidelity together bought over $500 million in ETH through their ETFs over 48 hours, with BlackRock's ETHA seeing $372.4 million in inflows on December 10 alone.

These moves reflect growing institutional confidence in Ethereum, driven by its role in decentralized finance (DeFi) and smart contracts, despite market volatility and regulatory uncertainties. BlackRock’s ETHA, launched after SEC approval of spot Ethereum ETFs in May 2024, is a key vehicle for these investments, offering exposure to ETH without direct ownership. The firm’s total Ethereum holdings through its BUIDL fund also surpassed $1.145 billion by March 2025. However, some market skepticism persists, with Ethereum’s price struggling to break resistance levels, trading around $2,000-$2,800 recently.

Posts on X highlight bullish sentiment, with some predicting an altcoin season driven by these institutional buys, though these claims should be treated as speculative and not conclusive evidence. Always consider the high risk and volatility of crypto investments, as noted in BlackRock’s own ETF disclosures. For further details on BlackRock’s crypto strategy, check their official site or SEC filings.

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#BlackRockETHPurchase Breaking🚨🚨
Blackrock Selling Bitcoin To Buy Ethereum

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$BTC
We have received another 1600 points drop from entry.
RRR has crossed 1:4
Congratulations to those who are still holding 👏
Trail smartly🧠✅

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$SOL
$SOL /USDT IS READY TO BLOW UP 🚀 SOON GONNA RECLAIM $160+ TERRITORY!!
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Must Buy $SOL & Hold your Positions....

#BlackRockETHPurchase
🚨 Breaking News in Crypto! 🚨
🌐 Wall Street meets Web3: BlackRock just made a BIG move into Ethereum (ETH)!
💼 The world's largest asset manager diving deeper into crypto isn’t just a headline – it's a signal.
📈 Is institutional FOMO finally here?

🔥 This could change the game for ETH adoption and long-term price trends.
👀 Are we witnessing the next wave of mainstream crypto investment?

📊 Watch the charts. Watch the news. Watch ETH.

#BlackRockETHPurchase #Ethereum #CryptoNews #InstitutionalAdoption #BinanceSquare

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📌 Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
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Hello Everyone #BlackRockETHPurchase

BlackRock the world’s largest asset manager has made a significant purchase of Ethereum (ETH), sending strong signals of growing institutional confidence in the future of decentralized finance.

After spearheading the push for Bitcoin ETFs, BlackRock is now setting its sights on Ethereum. This move isn’t just about diversification, it’s a strategic bet on ETH’s role as a foundational layer for tokenized assets, smart contracts, and the evolving Web3 economy.

What this means:
• Institutional demand for ETH is heating up
• ETH’s potential as a yield-generating asset (via staking) is gaining recognition
• More ETH ETFs could be on the horizon

The big players are positioning themselves. Are you?

#BlackRockETHPurchase #Ethereum #InstitutionalAdoption #DeFi #Crypto

The Three White Soldiers Pattern
The Three White Soldiers candlestick pattern consists of three long candles that have a long body after a downtrend, indicating a long-term reversal in the upward direction.
For it to be a valid pattern:
The body of the second candle must be longer than the body of the first candle, and its closing price must be near its peak with little or no upper wick.
The body of the third candle should be the same size or larger than the body of the second candle, and the closing price of the third candle should be at the highest price level or near it with a small wick or no wick.
Technical traders use the Three White Soldiers candlestick pattern as one of the clearest patterns indicating the end of bear markets.
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Let’s gooo another day another banger Trade
Fibonacci never lies
$BTC Trade going as planned
Follow for more
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#BlackRockETHPurchase

📣Top Trading Currencies (Today)⤵️

2025/06/04

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🔸LPT
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#BlackRockETHPurchase
$50M is not a small number for ETH 📊
Do you think they intend to long-term hold, swing trade, or are they really trying to boost ETF sentiment?
What do you think, bro?
$ETH