{"id":119416,"date":"2024-10-28T19:39:46","date_gmt":"2024-10-28T12:39:46","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=119416"},"modified":"2024-10-28T19:39:46","modified_gmt":"2024-10-28T12:39:46","slug":"blackrocks-bitcoin-holdings-near-satoshis-is-a-btc-battle-brewing","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=119416","title":{"rendered":"BlackRock&#8217;s Bitcoin holdings near Satoshi\u2019s &#8211; Is a BTC battle brewing?"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<ul>\n<li><em>BlackRock\u2019s Bitcoin holdings exceed 400,000 BTC, valued at $26.98 billion.<\/em><\/li>\n<li><em>BlackRock\u2019s Bitcoin ETF sees consistent inflows, surpassing $23 billion in total value.<\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Amid growing speculation that <a href=\"https:\/\/ambcrypto.com\/category\/bitcoin-news\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin [BTC]<\/a> ETFs may soon <a href=\"https:\/\/ambcrypto.com\/will-u-s-bitcoin-etfs-pass-satoshi-nakamotos-btc-holdings-in-2025\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">surpass<\/a> the holdings of Satoshi Nakamoto, BlackRock has hit a significant milestone in its BTC accumulation.<\/span><\/p>\n<h2>Blackrock\u2019s Bitcoin accumulation<\/h2>\n<p><span style=\"font-weight: 400;\">According to a recent update from <a href=\"https:\/\/x.com\/lookonchain\/status\/1850216543231369353\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Lookonchain<\/a>, the asset management giant now holds over 400,000 Bitcoin. At press time, it was valued at approximately $26.98 billion.<\/span><\/p>\n<div id=\"attachment_437410\" style=\"width: 2390px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437410\" class=\"wp-image-437410 size-full\" alt=\"Blackrock's BTC holdings\" width=\"2380\" height=\"1444\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1.webp 2380w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-300x182.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-1024x621.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-768x466.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-1536x932.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-2048x1243.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-1200x728.webp 1200w\" data-lazy-sizes=\"(max-width: 2380px) 100vw, 2380px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1.webp\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437410\" class=\"wp-image-437410 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1.webp\" alt=\"Blackrock's BTC holdings\" width=\"2380\" height=\"1444\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1.webp 2380w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-300x182.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-1024x621.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-768x466.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-1536x932.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-2048x1243.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Lookonchain-1-1200x728.webp 1200w\" sizes=\"auto, (max-width: 2380px) 100vw, 2380px\"\/><\/a><\/p>\n<p id=\"caption-attachment-437410\" class=\"wp-caption-text\">Source: Lookonchain\/X<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Over the past two weeks alone, BlackRock has added 34,085 BTC to its portfolio, worth roughly $2.3 billion. <\/span><span style=\"font-weight: 400;\">This latest acquisition highlighted BlackRock\u2019s dominance in the cryptocurrency space as it continues to expand its Bitcoin holdings.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the flip side, BlackRock\u2019s BTC ETF (IBIT) has seen remarkable growth, surpassing the $23 billion mark, according to <a href=\"https:\/\/farside.co.uk\/btc\/\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Farside Investors<\/a>. <\/span><span style=\"font-weight: 400;\">Notably, IBIT has been on a consistent inflow streak since the 14th of October. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Between the 14th and 25th October, IBIT recorded inflows nearing $400 million on some days, reflecting strong investor interest and confidence in BlackRock\u2019s BTC strategy. <\/span><span style=\"font-weight: 400;\">This underscored BlackRock\u2019s strategic approach to Bitcoin amid its growing adoption. <\/span><\/p>\n<h2>Community reaction and impact on Bitcoin<\/h2>\n<p><span style=\"font-weight: 400;\">Seeing this the crypto community has responded with optimism.<\/span><\/p>\n<div id=\"attachment_437409\" style=\"width: 1188px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437409\" class=\"wp-image-437409 size-full\" alt=\"Bitcoin is going to be bullish\" width=\"1178\" height=\"188\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user.webp 1178w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user-300x48.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user-1024x163.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user-768x123.webp 768w\" data-lazy-sizes=\"(max-width: 1178px) 100vw, 1178px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user.webp\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437409\" class=\"wp-image-437409 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user.webp\" alt=\"Bitcoin is going to be bullish\" width=\"1178\" height=\"188\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user.webp 1178w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user-300x48.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user-1024x163.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/X-user-768x123.webp 768w\" sizes=\"auto, (max-width: 1178px) 100vw, 1178px\"\/><\/a><\/p>\n<p id=\"caption-attachment-437409\" class=\"wp-caption-text\">Source: X<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">As of the latest update, Bitcoin was trading at $67,773.35, marking a rise of over 1% within the past 24 hours as per <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">CoinMarketCap<\/a>. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additioanlly, the Relative Strength Index (RSI) was also lying above the neutral threshold, signaling that bullish momentum was overtaking bearish forces.<\/span><\/p>\n<div id=\"attachment_437408\" style=\"width: 2570px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-scaled.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437408\" class=\"wp-image-437408 size-full\" alt=\"Bitcoin is bullish\" width=\"2560\" height=\"1419\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-scaled.webp 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-300x166.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-1024x568.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-768x426.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-1536x851.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-2048x1135.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-1200x665.webp 1200w\" data-lazy-sizes=\"(max-width: 2560px) 100vw, 2560px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-scaled.webp\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437408\" class=\"wp-image-437408 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-scaled.webp\" alt=\"Bitcoin is bullish\" width=\"2560\" height=\"1419\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-scaled.webp 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-300x166.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-1024x568.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-768x426.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-1536x851.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-2048x1135.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-Trading-View-1-1200x665.webp 1200w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><\/a><\/p>\n<p id=\"caption-attachment-437408\" class=\"wp-caption-text\">Source: Trading View<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">For Bitcoin\u2019s roadmap ahead, an analysis by IntoTheBlock, cited by AMBCrypto, revealed that approximately 92.88% of BTC holders were \u201cin the money,\u201d meaning their holdings were valued higher than their initial purchase price. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, only 2.45% of holders were \u201cout of the money,\u201d reflecting a robust market sentiment and suggesting potential for further price gains.<\/span><\/p>\n<div id=\"attachment_437407\" style=\"width: 2356px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock.webp\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437407\" class=\"wp-image-437407 size-full\" alt=\"In and out of the money \" width=\"2346\" height=\"752\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock.webp 2346w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-300x96.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-1024x328.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-768x246.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-1536x492.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-2048x656.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-1200x385.webp 1200w\" data-lazy-sizes=\"(max-width: 2346px) 100vw, 2346px\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock.webp\"\/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-437407\" class=\"wp-image-437407 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock.webp\" alt=\"In and out of the money \" width=\"2346\" height=\"752\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock.webp 2346w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-300x96.webp 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-1024x328.webp 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-768x246.webp 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-1536x492.webp 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-2048x656.webp 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/BTC-IntoTheBlock-1200x385.webp 1200w\" sizes=\"auto, (max-width: 2346px) 100vw, 2346px\"\/><\/a><\/p>\n<p id=\"caption-attachment-437407\" class=\"wp-caption-text\">Source: IntoTheBlock<\/p>\n<\/div>\n<h2>Is this the start of the \u201cBitcoin war\u201d?<\/h2>\n<p><span style=\"font-weight: 400;\">Speculation about future \u201cBitcoin wars\u201d is already circulating, with some predicting that giants like BlackRock could eventually seek to fork the original Bitcoin chain and promote their own version as the legitimate one. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">While such a scenario may currently seem like a conspiracy theory, the rapid accumulation of BTC by BlackRock has raised concerns about its growing influence over the market.<\/span><\/p>\n<hr\/>\n<p style=\"text-align: center;\">Read\u00a0<a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Bitcoin\u2019s [BTC] Price Prediction<\/a>\u00a02024\u20132025<\/p>\n<hr\/>\n<p><span style=\"font-weight: 400;\">However, they are not alone\u2014other major players such as <a href=\"https:\/\/ambcrypto.com\/microstrategy-decouples-from-bitcoin-nears-ath-heres-how\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">MicroStrategy<\/a>, led by Michael Saylor, as well as <a href=\"https:\/\/ambcrypto.com\/tesla-bitcoin-holdings-remain-unchanged-q3-earnings-report-reveals\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Tesla<\/a>, Binance, and SpaceX, have also been steadily amassing Bitcoin.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Therefore, whether MicroStrategy and other institutions will be able to challenge BlackRock\u2019s dominance remains an open question.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/aerodrome-crypto-soars-1200-in-a-year-whats-fueling-the-surge\/\" rel=\"prev\" data-wpel-link=\"internal\">Aerodrome crypto soars 1200% in a year: What\u2019s fueling the surge?<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/ambcrypto.com\/blackrocks-bitcoin-holdings-near-satoshis-is-a-btc-battle-brewing\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock\u2019s Bitcoin holdings exceed 400,000 BTC, valued at $26.98 billion. BlackRock\u2019s Bitcoin ETF sees consistent inflows, surpassing $23 billion in total value. Amid growing speculation that Bitcoin [BTC] ETFs may &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=119416\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-119416","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/119416","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=119416"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/119416\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119416"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119416"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119416"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}