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Ali Adnan Arain
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Ali Adnan Arain
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BlackRock just bought $217 million of these two cryptocurrencies: BlackRock, the world’s largest asset manager, continues to deepen its exposure to crypto assets, purchasing over $217 million in Bitcoin (BTC) and Ethereum (ETH) in a single day through its spot ETFs. According to market data, BlackRock’s iShares Ethereum Trust (ETHA) acquired 20,955 ETH, valued at $53.2 million on July 7. The move brings the fund’s total Ethereum holdings to approximately 1.5% of the entire ETH supply, achieved in less than 12 months since the fund’s launch. BlackRock now holds more than 700,000 BTC Meanwhile, BlackRock’s iShares Bitcoin Trust (IBIT) purchased 1,388 BTC worth $164.3 million on the same day. This brought the total number of Bitcoin held under IBIT to 700,307 BTC, solidifying the fund’s position as the largest Bitcoin ETF by assets under management. Notably, IBIT’s trading volume also spiked on July 7, reaching $2.3 billion, indicating heightened investor participation as Bitcoin’s price continues to trade above $108,000. #Write2Earn #BTCBreaksATH
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#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_WKSM5
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#BinanceTurns8 Collect all #BinanceTurns8 crypto star sign for a chance to win bonus BNB reward! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_WKSM5
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#BinanceTurns8 Collect all #BinanceTurns8 crypto star sign for a chance to win bonus BNB reward! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_WKSM5
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Latest News
Ethereum(ETH) Surpasses 3,200 USDT with a 0.50% Increase in 24 Hours
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Bitcoin(BTC) Drops Below 95,000 USDT with a 0.41% Decrease in 24 Hours
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Glassnode Reports Unprecedented Profit Decline in Altcoins
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