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BlackRock Buys $643 Million Worth Of Bitcoin: BTC To $100,000?

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According to the data from Farside Investors, BlackRock’s IBIT Bitcoin (BTC) ETF purchased $643.2 million worth of BTC on Apr. 23. The world’s largest asset manager had previously purchased $193.5 million worth of the asset on Apr. 22, and $41.6 million worth on Apr. 21. The firm bought a total of $878.3 million worth of BTC in just three days. Also Read: How 2 Brothers Hit $9 Million With Shiba Inu: Throwback Thursday Source: Farside Bitcoin Surges Amid BlackRock’s Buying Spree Source: Watcher Guru BlackRock’s recent purchases may have helped BTC breach the $90,000 mark. The asset has reclaimed the $92,000 price point for the first time since early March. Bitcoin (BTC) has faced a 1.3% correction in the daily charts but is green in the other time frames. The original crypto has rallied 9.5% in the weekly charts, 12.6% in the 14-day charts, 6.7% over the previous month, and 38.5% since April 2024. Source: CoinGecko Also Read: SEC Chair Paul Atkins Priority: Crypt...

Sui Enters Partnership with Franklin Templeton Digital Assets

The Sui network is entering a new strategic partnership with $1.5 trillion asset manager Franklin Templeton Digital Assets. Through the partnership, Franklin Templeton will support Sui ecosystem builders and deploy novel technologies, according to a Sui press release. https://twitter.com/WatcherGuru/status/1859963480738353539 The new partnership focuses on supporting Sui ecosystem builders and deploying novel technologies leveraging the Sui blockchain protocol. Franklin Templeton isn’t the first global investment company to show interest in Sui’s ecosystem. Earlier this year, Grayscale established the Grayscale SUI Trust. Additionally, multiple stablecoins, such as USDC, FDUSD, and AUSD, have launched on Sui. “Sui was originally inspired by some of the challenges Franklin Templeton Digital Assets is helping to solve, particularly those that exist within decentralized finance today,” said Jameel Khalfan, Head of Sui’s Ecosystem Development. “Their interest in Sui’s gro...