📌 Daily Summary
● LIVE TRACKINGIn a striking market development, BlackRock has surprised investors by projecting a significant Federal Reserve shift by 2026, prompting speculation about the potential implications for Bitcoin and broader market pricing. Cryptocurrency analysis firm 10x Research has raised alarms over a bearish sentiment in Bitcoin, identifying critical risk levels that could see the cryptocurrency's market cap impacted by an alarming $14.3 billion. Meanwhile, Ethereum co-founder Vitalik Buterin has announced changes at the Ethereum Foundation and disclosed his personal crypto holdings, indicating a strategic pivot within the organization. Additionally, Michael Saylor, founder of the prominent investment firm, has asserted that Bitcoin will outperform the S&P 500, further intensifying the competitive narrative within the asset class. Amidst these market fluctuations, rumors surrounding BlackRock’s alleged $1 billion Bitcoin sell-off are stirring unease, raising questions about institutional movements in the cryptocurrency landscape.
14:07
BlackRock executive Navin Saigal stated that the Fed may opt for interest rate cuts, contrary to increasing expectations of rate hikes.
13:08
The analytics firm said Bitcoin has entered a liquidation squeeze zone, with a total of $14.3 million in liquidation pressure accumulating.
12:02
Vitalik Buterin announced that the Ethereum Foundation is being restructured and its influence will decrease. He also disclosed his ETH holdings.
09:59
Strategy founder Michael Saylor stated that he believes Bitcoin's long-term return will outperform the S&P 500 index.
08:57
BlackRock, the world's largest asset management company, is alleged to have sold approximately $1 billion worth of Bitcoin.
