Brothers! BlackRock's recent actions in the cryptocurrency market are simply astonishing, leaving everyone dumbfounded—in just 10 minutes, they bought 300 Bitcoins and 16,000 Ethereums from Coinbase, and within three days, they crazily scooped up over 4,000 BTC and 80,000 ETH, investing close to 600 million dollars! This is not ordinary coin buying; it's like a Wall Street giant diving headfirst into the cryptocurrency pool. BlackRock is not the type of impulsive retail investor; it controls up to 13 trillion dollars in funds, and every step is calculated clearly. Its Bitcoin ETF has long surpassed the 100 billion dollar mark, and the Ethereum ETF has attracted 17 billion dollars in funds. Buying so many coins is actually to replenish the spot inventory for these ETFs—whatever amount of ETF shares customers buy, it has to reserve the corresponding quantity of spot to support the market. Moreover, the annual interest rate for staking Ethereum is nearly reaching 5% now, and with the EIP - 1559 burn mechanism making the quantity of ETH increasingly scarce, in the eyes of institutions, ETH is a 'digital asset management tool.' Even their tokenized fund, which has a scale of 2.8 billion dollars, relies on BTC and ETH for momentum. With BlackRock's mass purchases, the cryptocurrency market is likely to see three major changes: First, the spot availability in the market will become increasingly scarce. The quantity of BTC in exchanges is over 200,000 less than it was six months ago, and ETH is also continuously being hoarded, with institutions frantically buying; by the fourth quarter, there may be a situation of 'pricing without a market,' where prices are directly pushed up. Second, the traditional investment strategies of retail investors may completely fail. BlackRock already holds 10% of ETH; if it slightly adjusts its position, the market will experience severe fluctuations. In the future, if you see large transfers on the blockchain, don't assume someone is dumping; it might just be people settling ETF transactions. Third, the concept of decentralization might face a direct conflict with Wall Street. Ethereum's founder Vitalik Buterin is getting anxious, worrying that BlackRock holding so much ETH might attempt to modify the protocol, such as shortening block times to suppress ordinary nodes; at that point, decentralization might truly become just an empty phrase. The current cryptocurrency market is no longer a small casino for retail investors to speculate freely; it has already transformed into a new battlefield for Wall Street. $BTC
Do you feel that it's difficult to make money this round? Retail investors have been shouting for institutions to get on board, and now that top institutions are gradually entering the market, it has become clear that there is hardly any space for retail investors to make money in front of real capital. The old Web3 OGs are gradually losing their advantages. This year could be the best year of the next decade, and the current unconventional bull market is likely to be the future norm. A friend said to invest more resources and less money, treating the crypto market as an ATM. I think it's a good idea. $BTC #美联储放鹰
Six Core Principles of Cryptocurrency Trading: From Beginner to Expert First, never open a position at non-critical price levels. Second, do not open a position unless there is an effective breakout. Third, strictly prohibit opening a position without clear signals. Fourth, do not open a position if it is difficult to determine stop-loss and take-profit levels. Fifth, never open a position when trading volume is low. Sixth, do not open a position when personal emotions are volatile and the mindset is unbalanced, especially when eager to recover losses. #BTC重回关键位置后走势 $BTC
The assets under management of the #BTC重返10万 $BTC BlackRock Bitcoin Spot ETF (IBIT) have now surpassed its gold ETF, with billions of dollars flowing into the Bitcoin market weekly. SmartMoney already knows which is better, as the market cap of gold is $17 trillion, compared to Bitcoin's market cap of $2 trillion.