Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Vivek Ramaswamy Proposes Bitcoin Education in Ohio Schools

    Ohio Candidate Ramaswamy Proposes Bitcoin Education Reform

    Ohio Candidate Plans Bitcoin Education in Schools

    Michael Saylor Signals Major Bitcoin Acquisition

    Michael Saylor Signals New Bitcoin Acquisition by Strategy

    Vanadi Allocates $1.1 Billion for Bitcoin Reserves

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Sei Network Transactions Triple in Recent Quarter Surge

    Sei Network Sees Surge in Transactions and TVL

    Sei Transactions Tripled, Network Growth Accelerates

    Judge Upholds Ripple Institutional Sales Injunction

    Solana ETF Approval Drives Price Surge Amid Optimism

    Shiba Inu Reduces Supply by 1.31 Billion Tokens

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

BlackRock Buys $294M of Bitcoin, Ethereum

Solomon M. by Solomon M.
April 26, 2025
in Bitcoin News
Key Points:
  • BlackRock’s significant cryptocurrency purchase involving Bitcoin and Ethereum.
  • Asset manager increases Bitcoin and Ethereum holdings.
  • Institutional demand bolsters confidence in digital assets.
blackrock-buys-294m-of-bitcoin-ethereum
BlackRock Buys $294M of Bitcoin, Ethereum

BlackRock, Inc., the world’s largest asset manager, has acquired $240 million in Bitcoin and $54 million in Ethereum, as confirmed on April 24, 2025.

BlackRock’s purchase signals increased institutional interest in digital assets, leading to immediate market effects with Ethereum’s price rising by 5.2%.

BlackRock’s expansion into digital currencies began with regulatory filings for ETFs and ETPs in 2023. CEO Larry Fink shifted from skepticism, describing Bitcoin as “digital gold” and Ethereum as a “platform for tokenized finance.”

Following BlackRock’s announcement, Ethereum’s price surged 5.2%, reaching $3,850. The trading volume soared by 120% in one hour. Institutional appetite remains strong, evidenced by inflows to BlackRock’s ETFs.

BlackRock’s growing crypto portfolio reflects broader acceptance of digital assets, highlighting Ethereum’s role in DeFi and suggesting sustainable growth in its ecosystem. Regulatory clarity furthers institutional participation.

Analysts forecast a continued bullish cycle due to institutional inflows, improving regulatory frameworks, and expanding digital asset infrastructure. BlackRock’s acquisitions support the developing maturity and investment appeal of the crypto markets.

Crypto Rover, Market Analyst, said, “BlackRock’s Ethereum accumulation is a crucial indicator of institutional appetite for crypto, marking a turning point in market sentiment.”
Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Pi Coin’s Path to $5 Amid Market Challenges

Next Post

BlackRock Acquires $294 Million in Bitcoin and Ethereum

Solomon M.

Solomon M.

Related Posts

Vivek Ramaswamy Proposes Bitcoin Education in Ohio Schools

by Solomon M.
June 29, 2025

Ohio governor candidate Vivek Ramaswamy proposes integrating Bitcoin education into public schools, expanding financial literacy.

Ohio Candidate Ramaswamy Proposes Bitcoin Education Reform

by Solomon M.
June 29, 2025

Vivek Ramaswamy aims to introduce Bitcoin education in Ohio schools to enhance financial literacy.

Ohio Candidate Plans Bitcoin Education in Schools

by Solomon M.
June 29, 2025

Ohio governor candidate Vivek Ramaswamy proposes integrating Bitcoin education into schools for financial literacy.

Michael Saylor Signals Major Bitcoin Acquisition

by Solomon M.
June 29, 2025

Michael Saylor indicates further Bitcoin acquisition plans for Strategy, boosting its corporate holdings.

Michael Saylor Signals New Bitcoin Acquisition by Strategy

by Solomon M.
June 29, 2025

Michael Saylor of Strategy hints at a substantial Bitcoin purchase increasing their holdings to over 600,000 BTC.

Vanadi Allocates $1.1 Billion for Bitcoin Reserves

by Solomon M.
June 29, 2025

Vanadi plans $1.1 billion Bitcoin purchase under Salvador Martí, impacting financial strategy.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.