Blackrock supposedly dumping 500 million in crypto currency

[putnam6]

Blackrock supposedly dumped 500 million MORE in cryptocurrency, something could be up.

Crypto Beast

@cryptobeastreal

 BREAKING  BLACKROCK JUST SOLD AN EXTRA $500M WORTH OF CRYPTO. THEY ARE SELLING EVERYTHING

 

Markets
BlackRock moves $441 million in Bitcoin to Coinbase in the past hourKey Takeaways

• BlackRock moved 5,100 Bitcoin and 30,000 Ether to Coinbase Prime on Thursday.
  
• IBIT has seen $741 million in outflows this week amid Bitcoin price volatility and strategic hedge fund actions.
  

 
BlackRock moved 5,100 Bitcoin worth approximately $441 million and 30,000 Ether valued at about $71 million to Coinbase Prime within the last hour, as tracked by Arkham Intelligence.
The transfer follows BlackRock’s Tuesday movement of $160 million in Bitcoin and $44 million in Ethereum to Coinbase Prime, amid mounting pressure on BlackRock’s flagship Bitcoin ETF, the iShares Bitcoin Trust (IBIT).
IBIT has experienced negative performance for three consecutive days, with approximately $741 million in net outflows so far this week, based on Farside Investors data. US-listed spot Bitcoin ETFs recorded their largest single-day outflows of over $1 billion on Tuesday, with IBIT accounting for $164 million of the withdrawals.
Given the recent Bitcoin ETF sell-off, with IBIT posting negative performance for three consecutive days, the deposit raises concerns about further liquidations.

[Karl12]

How, just how haven't these freaks been defunded under existing monopoly laws?

Seems all the existing safeguards have been flushed down the toilet lol.

Do they just buy everybody off and think they are untouchable?

Part One:

https://corbettreport.com/how-blackrock-...ld-part-1/

Part Two:

https://corbettreport.com/how-blackrock-...ld-part-2/




Funny how the 51% controlling interest model originated with the Bauer family - that's how they operate whilst retaining control of 'The Economist'.

BlackRock and the Vanguard Group, the two largest asset management firms in the world, combined own The New York Times and other legacy media, along with Big Pharma.

Vanguard and BlackRock are the top two owners of Time Warner, Comcast, Disney and News Corp, four of the six media companies that control more than 90% of the U.S. media landscape.

BlackRock and Vanguard form a secret monopoly that own just about everything else you can think of too. In all, they have ownership in 1,600 American firms, which in 2015 had combined revenues of $9.1 trillion. When you add in the third-largest global owner, State Street, their combined ownership encompasses nearly 90% of all S&P 500 firms.

Vanguard is the largest shareholder of BlackRock. Vanguard itself, on the other hand, has a unique structure that makes its ownership more difficult to discern, but many of the oldest, richest families in the world can be linked to Vanguard funds.

Disassemble them now by the absolute will of the people.. or be subjugated lol.

[KKLoco]

This explains why my BC took a dump this week. Over $20k in losses. Should I be shocked that Blackrock just fucked me again? They already made it impossible to buy a home....

[IDELB2006]

BTC dropped in value by about 10 percent in the last few days.

We will see where it goes from here. The last time it hit an all tome high, it dropped from about 65k to 30 k in a few months.

[Kwaka]

In the past 24 hours, $61.54B Bitcoin has been traded. This kind of level has been standard for a while as Bitcoin does help facilitate a lot of international trade.

For Bitcoin to have a dip is to be expected as Trump moves on his swamp draining project and the fleeing rats have to lean on something in the mean time. Bitcoin has a long history of ups and downs, if you cannot handle that look for another ride.

Until things start to settle down as Trumps new team grabs the bull by the horns, be patient As long as the encryption holds and any anomalies sorted out, bitcoin has a place. The biggest threat to bitcoin in next gen quantum encryption. Still a while away for the infrastructure and science to mature for mass adoption.