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China Renaissance Buys $100M In BNB – Expands Crypto Partnerships
NFT Gaming

China Renaissance Buys $100M In BNB, Expands Crypto Partnerships

by admin August 23, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

BNB is entering a new phase of adoption after a landmark announcement from China Renaissance, a Hong Kong-listed investment bank with deep institutional influence. On August 22, 2025, the bank’s board of directors revealed that it had signed a memorandum of understanding (MoU) with YZi Labs, allocating $100 million toward Binance’s token. This initiative marks a strategic step in bridging the gap between traditional financial institutions and the crypto market, positioning BNB as a gateway for broader adoption in regulated environments.

The agreement outlines a cooperative framework that seeks to empower the Binance Chain ecosystem with China Renaissance’s financial expertise and access to high-quality investment opportunities. In turn, the bank expects to leverage BNB’s ecosystem for new business applications, signaling a mutually reinforcing relationship.

This announcement builds on the company’s earlier disclosure in June 2025 of its intent to pursue cryptocurrency investments. By formalizing its commitment with a large-scale allocation, China Renaissance is not only validating BNB as a viable institutional asset but also setting a precedent for other financial players in Asia and beyond. The partnership could prove pivotal in enhancing BNB’s role within global markets, where regulatory clarity and institutional credibility are key drivers of adoption.

BNB Surges As China Renaissance Commits $100M

Binance co-founder and former CEO, Changpeng Zhao, highlighted the significance of the deal, stating: “China Renaissance, a HK public company, buying $100m USD worth of BNB. In addition to buying BNB, many other long-term strategic partnerships are involved. Let’s build the ecosystem together!” His words reinforced the strategic importance of this cooperation, which goes beyond a simple investment and points to structural growth for BNB in regulated markets.

The immediate market reaction was explosive. The price surged to a new all-time high of $899, marking a milestone in its history. This price action reflects renewed confidence in the asset’s long-term prospects, especially as partnerships deepen and institutions signal commitment.

Related Reading: Dormant Bitcoin Whale Awakens: BTC OG Rotates Into $577M ETH Long

For BNB, the timing could not be more significant. While other altcoins are facing volatility, the chain is showing resilience and growth capacity. With China Renaissance’s institutional backing, and additional strategic partnerships in development, the token appears poised not just for price appreciation but also for broader adoption as a utility and infrastructure asset in global markets.

Price Analysis: Testing Uncharted Territory

Binance coin is showing strong bullish momentum, breaking into new all-time highs with its latest rally. On the weekly timeframe, BNB is trading at $898.29, closing in on the psychological $900 level after surging nearly 5% this week. This push comes right after the announcement of China Renaissance’s $100M allocation into BNB, fueling confidence among institutional and retail investors alike.

BNB reaching new ATH | Source: BNBUSDT chart on TradingView

From a technical perspective, BNB’s trend remains intact, with the 50-week SMA at $654 and the 100-week SMA at $544 providing long-term support. The current distance between price and the moving averages highlights the strength of this parabolic move, but also signals caution, as extended gaps often precede periods of consolidation.

The price has broken decisively above its previous resistance zone at $780–$800, turning it into new support. If this level holds, the path toward $950–$1,000 opens up, supported by growing ecosystem developments and institutional demand. Structure signals continued strength, with institutional backing adding fuel to its breakout and positioning it for further upside in the coming weeks.

Featured image from Dall-E, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 23, 2025 0 comments
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High-resolution image of numerous shiny gold bitcoin tokens stacked together.  (Kanchanara/Unplash)
Crypto Trends

Cathie Wood’s Ark Invest Buys $21.2M of Bullish Shares and $16.2M Robinhood Shares

by admin August 20, 2025



Cathie Wood’s Ark Invest has increased its exposure to crypto exchange operator Bullish (BLSH), with the ARK Innovation ETF (ARKK) now holding 1,165,397 shares valued at roughly $73.85 million, according to the firm’s latest holdings disclosure.

The update comes after Ark added 356,346 Bullish shares to ARKK on Aug. 19, a purchase worth about $21.2 million at the close of trading in New York, when the stock settled at $59.51 at close. The buy builds on Ark’s earlier allocation of more than 2.5 million shares spread across three ETFs on the day of Bullish’s debut.

Bullish is the owner of CoinDesk.

Ark also extended its buying spree in Robinhood (HOOD), purchasing 150,908 shares worth about $16.2 million at Tuesday’s close of $107.50.

Robinhood has become one of Ark’s most consistent crypto-adjacent holdings, with Tuesday’s purchase marking the third straight trading day the firm added to its position, following $14 million in buys on Monday and $9 million on Friday.

Read more: Bullish’s $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market



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August 20, 2025 0 comments
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UK Bitcoin Reserve Company Buys More BTC, Stock Continues to Rise

by admin June 25, 2025



In brief

  • The Smarter Web Company’s stock has surged 254% this month as it built up Bitcoin reserves of 543.52 BTC, with shares rising from £4.50 to £292.50 since its April IPO.
  • CEO Andrew Webley told Decrypt this makes it “the most successful IPO in the UK ever” and says the success has inspired over 21 copycat companies to announce similar Bitcoin reserve strategies.
  • The Bristol-based web design firm has raised over $74.9 million since April to fund Bitcoin purchases, aiming to reach 1,000 BTC within the next 3-4 months.

The Smarter Web Company has seen its stock surge 254% this month as it brings its total Bitcoin reserve holdings up to 543.52 BTC.

Based in Bristol, the Smarter Web Company is a British web design and online marketing firm that began accepting Bitcoin as a means of payment in 2023. Its Bitcoin reserve began following its IPO in April.

It raised $2.86 million (£2.1 million) upon listing on the Aquis Stock Exchange Growth Market on April 25, and has since seen its stock rise from £4.50 to £292.50 as of writing. That’s a return of more than 6,400%.

Its market cap has also risen by 254% since the start of June, following Bitcoin purchases on June 5, June 10, June 13, June 19 and yesterday.

CEO Andrew Webley told Decrypt this percentage makes the firm’s listing “the most successful IPO in the UK ever,” and notes the sudden increase in its share price has inspired a wave of copycat firms.

“Ironically, since we started […] there’s over 21 [companies] that have come out claiming to do what we do since we listed two months ago,” he said.

In fact, he also notes that two UK-listed firms announced a BTC reserve policy the same day he spoke to Decrypt: GSTechnologies and TruSpine Technologies.

And without naming names, he suggests that some of the 21 firms he has counted have not actually acquired any Bitcoin, despite announcing a BTC reserve policy.



“The UK’s potentially getting into a bit of a dangerous place actually with, you know, people who are claiming to do it rather than doing it,” he says, adding that he has reported the issue to Acquis.

As with Strategy in the U.S., the funds for the Smarter Web Company’s purchases have come primarily from the sale of ordinary shares. Webley told Decrypt that the firm has raised a little over $74.9 million, or £55 million, in total since April.

“We don’t have any debt, and we’ve never raised money at a discount either, so we always raise at the market price,” he added.

In terms of what led to his interest in Bitcoin and to his company establishing a BTC reserve, Webley says that the cryptocurrency is the “best asset in the world” because of its fixed supply and decentralization.

“I do believe in Bitcoin,” he said. “I think recent history has proven that approach, so that’s what I like about Bitcoin and why I keep our assets in Bitcoin rather than cash.”

Webley also acknowledges that Bitcoin isn’t without risks, given that it’s “quite a volatile asset.” But he believes it has become “more stable and less volatile” over the past six to 12 months.

“This weekend is a good example, with the American action against Iran, and Bitcoin was incredibly chilled out; I think it might have moved 3% or 4% at most, something like that,” he said.

The Smarter Web Company aims to bring its reserve up to 1,000 BTC in the next four months, although Webley suspects that it may actually achieve this milestone within three months.

Such growth might invite the question as to where the firm’s BTC policy will leave its original lines of business, although Webley affirms that the policy is meant to complement and support the latter, and not replace it somewhere down the line.

“If our business can grow, much bigger than it would have been, through the power of Bitcoin, so that more people know about us, so more people know about our services, then for somebody that believes in Bitcoin, that’s quite cool,” he said.

Edited by Stacy Elliott.

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June 25, 2025 0 comments
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Pompliano Bitcoin Treasury ProCap Buys $395 Million in BTC

by admin June 24, 2025



In brief

  • Bitcoin treasury firm ProCap has purchased 3,724 Bitcoin currently worth $395 million.
  • The company intends to merge with Columbus Circle Capital in a $1 billion SPAC to become ProCap Financial.
  • An increasing number of public companies have established Bitcoin treasuries over the past few months.

Bitcoin treasury firm ProCap acquired 3,724 Bitcoin currently worth about $395 million on Tuesday, just one day after announcing its plans to go public in a $1 billion SPAC deal. 

Founded by investor and cryptocurrency personality Anthony Pompliano, ProCap purchased the Bitcoin this week at a time-weighted average price of $103,785 per token, according to the firm’s statement. 

“We believe bitcoin is the new hurdle rate,” Pompliano wrote in an X post addressing the announcement. “If you can’t beat it, you have to buy it.”

We have purchased 3,724 Bitcoin.

This purchase happened within one day after announcing a $1 BILLION merger and over $750 million fundraise.

The average price was ~ $103,785 per bitcoin.

We believe bitcoin is the new hurdle rate.

If you can’t beat it, you have to buy it.… pic.twitter.com/eX1iI9fVhm

— Anthony Pompliano 🌪 (@APompliano) June 24, 2025

Bitcoin was recently trading at about $106,000 up 2.1% in the past 24 hours, according to data provider CoinGecko. 

The purchase follows ProCap’s announcement on Monday that it closed a $750 million raise. The funds, which will go toward helping the company merge with blank-check firm Columbus Circle Capital to become ProCap Financial— a new publicly traded company. 

ProCap’s first Bitcoin buy comes amid a boom in publicly traded companies’ adoption of treasuries based on the world’s oldest cryptocurrency. 

Michael Saylor’s Strategy, formerly Microstrategy, pioneered the approach, pivoting its focus from software development to Bitcoin accumulation in 2020. Since then, the firm has snapped up more than 592,000 Bitcoin worth about $62 billion worth of Bitcoin, according to the company’s filings. 



Beyond Strategy, 245 public companies hold the digital asset on their balance sheets, up roughly 13% over the past month, according to data from bitcointreasuries.com. In total, the firms hold a total of more than $88 billion in Bitcoin, the same data shows. They include healthcare technology firm Semler Scientific, and Japanese hotel management firm Metaplanet. 

Meanwhile, other publicly traded firms, including Upexi, Wellgistics Health and DeFi Development Corp., have replicated Strategy’s playbook with altcoins, including XRP and Solana. 

ProCap plans to acquire more Bitcoin for its treasury as part of its business strategy, according to its latest public statement. The company estimates it will hold up to $1 billion in Bitcoin at the time of closing of its proposed merger with Columbus Circle Capital.

Edited by James Rubin

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June 24, 2025 0 comments
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Consensys Reportedly Buys $422 Million In Eth, Ethereum Price To $3000?
Crypto Trends

ConsenSys Reportedly Buys $422 Million in ETH, Ethereum Price to $3000?

by admin June 24, 2025



Joseph Lubin’s blockchain technology company ConsenSys is likely on a heavy ETH accumulation spree. A wallet linked to the company purchased another 3,704 ETH through Galaxy Digital, an on-chain data platform reported on Tuesday. Will heavy accumulation trigger Ethereum price rally to $3,000?

ConsenSys Bought ETH Worth $422 Million

Lookonchain in an X post on June 24 revealed a whale or institution probably linked to ConsenSys purchased another 3,704 ETH worth $8.91 million. The trade was conducted again through Galaxy Digital over-the-counter (OTC) trading desk.

Notably, the wallet 0xCd9…F5F75 purchased a total of 161,112 ETH through Galaxy Digital OTC in the past 3 weeks, which is valued at almost $422 million. Arkham Intelligence showed that the wallet made frequent transfer to 0x0b2…83E57 wallet, which primarily holds Liquid Staked ETH (LsETH) over $187 million. However, the wallets’ link to ConsenSys remain vague.

ETH Transactions. Source: Arkham Intelligence

As The Crypto Times reported recently, ConsenSys purchased 108,278 ETH for a value of about $320 million from the digital assets firm Galaxy Digital. 

Whale Alert reported ETH accumulation by many whales in the last 48 hours as the price dipped near the 2,200 level. A whale moved 28,000 ETH worth $67 million from Binance to an unknown wallet. This indicates that whales or institutions are positioning for long-term holding.

Will Ethereum Price Hit $3,000 Amid Huge Accumulation?

ETH price jumped more than 7% in the past 24 hours, with the price currently trading at $2,419. The 24-hour low and high are $2,191 and $2,446, respectively. Furthermore, the trading volume has increased by 10% in the last 24 hours, indicating a slight rise in interest among traders.

Ethereum Price in 1-Day Timeframe. Source: TradingView

In the daily timeframe, Ethereum price is currently moving strongly but still below the 50-SMA. It needs to reclaim above the $2,500 for picking upside momentum. The RSI has rebounded to 46 signals, providing support for further upside in ETH price.

Moreover, exponential moving average (EMA) indicates possible consolidation or the price may seem stuck between $2,500-$2,750 range this month. Ethereum price may rally in July after the formation of a “golden cross,” pushing traders to buy ETH.

Analyst Michael van de Poppe pointed out that ETH is acting strongly in the recent turmoil in the markets. He predicted a reclaim of 0.023 in the ETH/BTC chart will bring a strong upwards momentum.

Also Read: Ethereum (ETH) Price Pumps 15% After Trump’s Ceasefire: Local Bottom In?



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June 24, 2025 0 comments
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Tokens to watch as Michael Saylor’s Strategy buys $1.08b Bitcoin
Crypto Trends

Tokens to watch as Michael Saylor’s Strategy buys $1.08b Bitcoin

by admin June 22, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Saylor’s firm buys 10,100 BTC for $1.08b, fueling 2025 bull run hopes and boosting interest in XRP, DOGE, and LILPEPE.

Michael Saylor’s Strategy acquired 10,100 Bitcoin (BTC) for $1.08 billion, boosting its holdings to 592,100 BTC, valued at over $63.3 billion. This massive purchase signals strong confidence in the crypto market, igniting excitement for the 2025 crypto bull run.  

Investors are now eyeing the best cryptos to buy now, with XRP, Dogecoin (DOGE), and Little Pepe (LILPEPE) emerging as top picks. Saylor’s bold move, undeterred by global tensions, has sparked a frenzy, pushing traders to seek tokens with high growth potential.  The crypto market is buzzing with opportunity, and these three tokens are drawing significant attention.

XRP’s breakout potential

XRP has been forming a symmetrical triangle pattern, mirroring its 2017 setup that led to a 30x surge. Analysts are noting its steady consolidation near $2.30, supported by a rising exponential moving average. This structure suggests XRP is poised for a breakout, with crypto charts pointing to a potential climb to $4.56. 

The relative strength index remains strong at 61.70, indicating robust momentum. Declining volatility further supports the case for a sharp upward move. Investors are watching crypto charts closely, as XRP’s historical patterns hint at massive gains.  As the crypto market heats up, XRP’s technical strength makes it a compelling choice for accumulation. 

Moreover, XRP’s current trajectory aligns with broader crypto investment trends, where tokens with strong fundamentals shine. Its ability to hold above key support levels fuels optimism for crypto predictions forecasting significant returns.

Dogecoin’s bullish momentum

Dogecoin (DOGE) is showing resilience, maintaining higher lows despite recent crypto prices dipping by 1.60% to $0.1712. Analysts are projecting a 260% rally to $0.6533, with a long-term target of $1.25. This bullish setup, backed by crypto charts, reflects Dogecoin’s historical tendency for explosive runs after consolidation.  

The memecoin’s structure suggests it’s ready to capitalize on the crypto bull run. Investors are increasingly asking, “Is crypto a good investment?” Dogecoin’s chart patterns answer affirmatively, offering a clear path to substantial gains. Its ability to sustain momentum makes it a strong contender for portfolios.

Furthermore, Dogecoin’s community-driven appeal continues to drive crypto investment interest. As crypto prices stabilize, DOGE’s potential for sharp upward moves keeps it in the spotlight.

Little Pepe: A memecoin powerhouse

Little Pepe has been gaining traction as a Layer 2 blockchain tailored for memecoins. Its presale has raised $1,325,000, with stages 1 and 2 sold out. Stage 3 is currently underway, offering tokens at $0.0012, with stage 4 set to increase to $0.0013.  

The low entry price positions Little Pepe as one of the best cryptos to invest in for early adopters. The project’s audit by FreshCoins.io, scoring 81.75/100, confirms a secure smart contract with no critical issues, boosting investor confidence. Additionally, Little Pepe is launching a memecoin Launchpad, promising the cheapest and fastest chain where sniper bots are ineffective. 

Anonymous experts backing top memecoins are supporting Little Pepe, enhancing its credibility.  Listings on two top centralized exchanges are planned at launch, with ambitions to list on one of the largest exchanges globally. Post-launch, analysts predict a price range of $0.5 to $5, offering massive return potential.

Little Pepe’s $777k giveaway

Little Pepe has announced a $777,000 giveaway to celebrate its rise. Ten winners will each receive $77,000 in tokens by participating in the presale with a minimum $100 contribution and completing tasks like sharing and tagging friends. 

This initiative is fueling excitement, driving crypto investment as the community grows. Consequently, Little Pepe’s unique approach and low-cost entry make it a standout in the crypto market. Investors are rushing to join stage 3 before the price increase.

Riding the crypto wave

The 2025 crypto bull run is gaining momentum, fueled by Saylor’s $1.08 billion Bitcoin purchase. XRP, Dogecoin, and Little Pepe are emerging as the best cryptos to buy now, each offering unique growth potential.  XRP’s technical setup hints at a breakout, Dogecoin’s bullish patterns promise significant gains, and Little Pepe’s unique Layer 2 chain and low presale price scream opportunity.  Don’t miss out! Join the Little Pepe presale and be positioned for the crypto market’s next big surge.

To learn more about Little Pepe, visit the website, Telegram, and Twitter (X).

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 22, 2025 0 comments
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Castlevania And Devil May Cry Anime Producer Buys Duke Nukem Rights
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Castlevania And Devil May Cry Anime Producer Buys Duke Nukem Rights

by admin June 22, 2025



Through Netflix, producer Adi Shankar has already adapted Castlevania and Devil May Cry as anime series. Now, Shankar has revealed that he’s picked up the rights for Duke Nukem, the first-person shooter franchise with a very dirty sense of humor created by developer 3D Realms.

“I bought the rights to Duke Nukem,” said Shankar during an interview with Esquire. “Not the gaming rights, but I bought it from Gearbox… It’s a middle finger to everybody. When Duke Nukem blew up, a bunch of people sat around trying to turn it into a brand, when it’s just a middle finger. Duke Nukem can’t be made by a corporation, because the moment a corporation makes Duke Nukem, it’s no longer Duke Nukem. I don’t intend on having anyone tell me what to do on this one.”

It’s unclear how or if Shankar’s deal with Gearbox affects the live-action Duke Nukem movie in development at Legendary with the creators of Cobra Kai. That project hasn’t had many updates since it was announced in 2022. Similarly, the most recent game in the franchise, Duke Nukem Forever, was released in 2011, and there haven’t been any new Duke Nukem games, or talk of making any sequels, since.

While Shankar didn’t elaborate any further on his plans for Duke Nukem, he did touch upon Devil May Cry Season 2, which has already been ordered by Netflix. There are some minor spoilers ahead for the ending of Devil May Cry Season 1.

“My plan was always to build and expand Devil May Cry,” said Shankar. “Season 1 had to be the gateway drug, but Season 2, the storytelling is going to pivot. Season 2 is going to be different, stylistically and tonally, from Season 1. Virgil is a big, very important character. It’s essentially a new show.”

Instead of equaling his previous success with Castlevania, Shanker has set his sights on outdoing Arcane, the critically acclaimed animated series based on League of Legends.

I have goals. I want to body Arcane, surpass it in viewership… Arcane is the Joker lighting cash on fire, and it’s great. With Season 2 of Devil May Cry, I want to beat that. Show up to a tank fight with a water balloon and destroy the tank. Because that’s cool.”

Netflix hasn’t set a premiere date yet for Devil May Cry Season 2.



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June 22, 2025 0 comments
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No TRUMP Coin Buys, Despite Congressman’s Claims

by admin June 21, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to TikTok’s Policy account on X, claims that its Chinese owners are snapping up $300 million worth of the Official Trump (TRUMP) memecoin are flat-out wrong.

The post called the idea “patently false and irresponsible.” It even pointed out that the claim didn’t match a letter Rep. Brad Sherman signed last month.

Exec Order Delay Raises Eyebrows

US President Donald Trump signed his third executive order this spring, pushing back a ban or forced sale of TikTok by another 90 days. That move gave TikTok roughly three more months to find a buyer or face an outright ban in the US.

Many people wondered if TikTok’s political sway was part of the hold‑up. Some viewed Sherman’s timing as no accident—he spoke out just after the third delay was announced.

Congressman, claiming that the owners of TikTok are buying “Trump Coins” is patently false and irresponsible and doesn’t even accurately reflect a letter you signed last month. https://t.co/8uxxPrKlzP

— TikTok Policy (@TikTokPolicy) June 19, 2025

US Rep. Brad Sherman. Source: Allison Robbert/The Hill

GD Culture Group Connection Sparks Doubts

Based on reports of an SEC filing, GD Culture Group—a tiny, Nasdaq‑listed firm with no known ties to ByteDance—said it would buy as much as $300 million in Trump memecoin and Bitcoin.

GD Culture creates AI‑driven videos for TikTok, but it isn’t owned by ByteDance and has no board members in common. That mix‑and‑match link set off a wave of confusion, leading some to assume TikTok itself was funding the memecoin purchase.

Sherman’s Crypto Critique

According to Sherman, “Trump creates ‘Trump Coins’ at no cost, meaning this is just a $300 million bribe that goes right into his pocket.”

Sherman has long argued for a blanket ban on crypto.

Back in 2019, he warned that cryptocurrencies could displace the US dollar. His latest comments mix his worry about TikTok’s Chinese ownership with his deep distrust of the crypto world.

TRUMP is currently trading at $9.31. Chart: TradingView

Online Reaction Divides Audience

Some online users doubted TikTok’s denial, wondering if China’s influence was deeper than we know. Others piled on Sherman, criticizing his anti‑crypto stance and even his call to ban TikTok.

“No one wants TikTok banned, except the Israeli lobby, aka your puppet masters,” one commentator wrote, adding fuel to the fire.

Politics, Crypto And Social Media Entangle

In less than a week, a single SEC form and a congressional tweet turned into a full‑blown spectacle:

On one side, we have a social platform fighting to stay in the US market.

On the other, a lawmaker warning about foreign influence and digital money.

Featured image from Unsplash, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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June 21, 2025 0 comments
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BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom
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BlackRock buys $1.4B Bitcoin over six-day streak amid ETF boom

by admin June 18, 2025



ETF issuer and asset management firm BlackRock is expanding its Bitcoin portfolio with billions of dollars in fresh investments.

According to Arkham Intelligence data, on June 17, BlackRock purchased $250 million worth of Bitcoin (BTC). The acquisition is part of a broader accumulation streak that has now spanned six consecutive days, bringing the firm’s total Bitcoin investment during this period to $1.4 billion.

BLACKROCK BUY STREAK: $1.4 BILLION OF BTC FOR 6 DAYS STRAIGHT

BlackRock bought over $250M of BTC today, bringing their streak up to $1.4 Billion.

BlackRock has now bought BTC for 6 days in a row. pic.twitter.com/VjbtlcSGk9

— Arkham (@arkham) June 17, 2025

The buying spree comes alongside a wave of inflows into BlackRock’s iShares Bitcoin Trust (IBIT), which has consistently led all spot Bitcoin ETFs in net inflows over the past week. On the same day as its latest BTC purchase, IBIT recorded approximately $639.2 million in net inflows, even as other major issuers like Fidelity, ARK, and Bitwise posted significant outflows.

The strong influx of funds and steady buying also follow a major milestone for IBIT, which recently became the fastest exchange-traded fund in history to surpass $70 billion in assets under management (AUM). The fund reached that mark in just 341 days, crushing the previous record of 1,691 days set by the SPDR Gold Shares ETF.

At press time, Bitcoin is trading at $104,589, down roughly 5% over the past week as mounting geopolitical tensions weigh on broader market sentiment. BlackRock’s accumulation streak suggests that institutional demand remains strong and that the firm may be capitalizing on the recent price dip to increase its holdings. 

With the latest purchases, IBIT now manages approximately $74.8 billion in assets and holds 670,295 Bitcoin in its portfolio.

Beyond BlackRock, several traditional financial heavyweights are also doubling down on Bitcoin. Strategy, the largest corporate holder of BTC, recently made a $1.05 billion purchase, reinforcing its long-term bullish stance.  

Other major players, including Japan-based MetaPlanet and Europe’s The Blockchain Group, have also continued to grow their Bitcoin holdings, signaling widening institutional adoption across global markets.





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June 18, 2025 0 comments
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Ethereum whale buys $127m in ETH during dip, sparking bullish sentiment
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Ethereum whale buys $127m in ETH during dip, sparking bullish sentiment

by admin June 17, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Whale buys $127m in ETH during dip, boosting confidence as options expiry and global tensions shake markets.

Ethereum (ETH) is hovering around $2,547 and sparking major interest after a whale scooped up 48,825 ETH for $127 million, at an average of $2,605. This large purchase came during a short dip in price, largely due to global tensions and option expiries, signaling solid long-term confidence.

The same investor had already profited $30 million from previous ETH trades, confirming this wasn’t a gamble. Middle East concerns and the expiry of over 242,000 ETH options on Deribit led to market jitters, but the whale’s buy-in helped stabilize sentiment. With a current put-call ratio at 1.20 and a max pain point at $2,700, many believe a strategic move is underway.

Ethereum Technical outlook: $2,800 or $2,400? 

Ethereum is now trading in a tight band between $2,518 (23.6% Fibonacci retracement) and the 50 EMA at $2,580. Here’s what to watch:

Bullish scenario: 

  • Entry: Close above 38.2% Fib ($2,568) and 50 EMA
  • Stop-loss: Below $2,500
  • Targets: $2,607 (50% Fib), then $2,647 (61.8% Fib)

Bearish Scenario: 

  • Entry: Drop below $2,518
  • Stop-loss: Above $2,540
  • Targets: $2,440, potentially $2,300

Blockchain bridges: How real utility is built 

Bridges in blockchain allow assets and data to move between different networks. The standard approach locks tokens on one chain and mints an equivalent on another like moving funds from Ethereum to BTC.

Key features:

  • Smooth movement of assets across chains.
  • Choice between centralized and decentralized types.
  • Easier use across various ecosystems.

This is exactly where Pepeto adds serious value. As Ethereum pushes for higher levels, Pepeto uses bridge technology to create a cross-chain, swap-enabled exchange. This makes transfers between Ethereum, BNB, and Solana simple and cheap, solving a long-standing challenge in DeFi.

Pepeto launches with exchange preview + 278% APY staking rewards 

Pepeto isn’t just riding memecoin hype. It’s offering early buyers exclusive access to its soon-to-launch exchange. Built to host all memecoins, the platform charges no listing fees and integrates powerful bridge tech.

The token also provides up to 278% APY in staking:

  • Pepeto’s exchange demo version drops in just a few days.
  • Meme tokens listed with no fees on pepeto.io.
  • Cross-chain bridge across ETH, BNB, and Solana.
  • Up to 278% APY for stakers.
  • Demand driven by real usage, not just market buzz.
  • Over $5.3m already raised in presale.

With momentum building and the hard cap nearing, Pepeto stands out. Its combination of Ethereum-based innovation, staking rewards, and meme coin appeal positions it as a top contender before prices move up.

To join the presale, visit the official Pepeto website.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 17, 2025 0 comments
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Recent Posts

  • Memecoin Frenzy: Hackers Hijack Adele, Future, Other Celebrities Instagram Account To Push Dubious FREEBANDZ Token

    August 23, 2025
  • Watch Out For XRP and Solana as Price Action Flashes Bullish Signals, Analyst Says

    August 23, 2025
  • Johnny Walker upsets Zhang Mingyang at UFC Fight Night in Shanghai

    August 23, 2025
  • Traders Are Shifting to Ethereum as Bitcoin Volatility Drops

    August 23, 2025
  • The Internet Reacts To Hollow Knight: Silksong’s Big Day

    August 23, 2025

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Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • Memecoin Frenzy: Hackers Hijack Adele, Future, Other Celebrities Instagram Account To Push Dubious FREEBANDZ Token

    August 23, 2025
  • Watch Out For XRP and Solana as Price Action Flashes Bullish Signals, Analyst Says

    August 23, 2025

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