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Bitcoin (BTC) experienced one of its most significant rallies in May of this year. The original crypto’s price surged to an all-time high of $111,814 on May 22. BTC’s price has since faced a slight correction. The asset has fallen by 6.4% since its May peak. Bitcoin Dips As BlackRock Sells Source: Watcher.Guru BTC’s incredible rally last month was likely due to a surge in institutional investments. BlackRock, the world’s largest asset manager, purchased more than $3 billion worth of BTC in May. The recent price dip could be due to a dip in institutional funding. According to Arkham data, BlackRock sold BTC to stock up on Ethereum (ETH). The financial institution may have sensed incoming volatility. The sell-off may have spooked other market participants. Also Read: BlackRock Sold Bitcoin And Bought Ethereum: Should You Too? BTC’s price is down 0.6% in the daily charts, 3% in the weekly charts, and 5.7% in the 14-day charts. Despite the downtrend, the origin...

According to cryptocurrency analysts firm LookOnChain, a mysterious whale purchased 30,000 Ethereum (ETH) for $54.9 million. The whale purchased the coins when the asset was trading at $1830 on Apr. 27. The whale sold the 30,000 ETH for $78.63 million when the asset hit $2621. The investor made a profit of $23.73 million. The whale had also purchased 600 Bitcoin (BTC) for $56.94 million. The BTC is now worth $66.5 million, making a profit of $9.6 million. Unlike the ETH holdings, the BTC remains unsold. Also Read: Top 3 Cryptocurrencies For Your Weekend Watchlist A mysterious whale bought 30,000 $ETH($54.9M) at $1,830 and 600 $BTC($56.94M) at $94,900 via OTC on Apr 27. 3 hours ago, he sold 30,000 $ETH($78.63M) at $2,621 via OTC, earning $23.73M. His 600 $BTC remains unsold and is now worth $66.5M, up $9.6M.https://t.co/msU8dM7xfM pic.twitter.com/74vhBcBkXO — Lookonchain (@lookonchain) May 22, 2025 Asset Rallies 49.1% Amid Big Whale Purchase Source: Watcher Guru ETH experienced a m...

Goldman Sachs Bitcoin ETF investment actually marks a real turning point right now in institutional crypto investments. The banking giant has invested about $1.4 billion in BlackRock’s spot Bitcoin ETF, and this shows their strong confidence despite the ongoing Bitcoin market volatility that we’ve been seeing. This move also impacts the entire crypto ecosystem, including Shiba Inu and other alternative tokens as well. Also Read: Global Financial Authority IIF Endorses XRP as Swift Alternative for Payments Wall Street Giant’s Historic Crypto Bet: What This Means for SHIB Holders Source: PYMNTS.com You can hardly talk of entry into cryptocurrency market without mentioning Goldman Sachs, the banking power house, which has just stamped its feet into the sector through a massive $1.4 billion investment in BlackRocks spot-Bitcoin ETF, and this was revealed by recent regulatory filings recently announced moments ago. The $1.4B Goldman Sachs Bitcoin ETF Play SEC Form 13F ...