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- BlackRock's $100M Ethereum Fund, Bitcoin's Price Plunge, and Coinbase's Surge Amidst SEC Settlements 🚀💔
BlackRock's $100M Ethereum Fund, Bitcoin's Price Plunge, and Coinbase's Surge Amidst SEC Settlements 🚀💔
BlackRock's Ethereum investment contrasts with Bitcoin's biggest fall since FTX, amidst a backdrop of soaring Coinbase transactions
Crypto's Canary chirps a mixed tune today! While Wall Street giant BlackRock joins the party with a $100 million Ethereum fund, Bitcoin experiences its biggest price drop since the FTX crash (ouch!). Coinbase is chirping happily though, with daily transactions skyrocketing after their Dencun upgrade. Remember that splashy Starbucks NFT project? Turns out Polygon paid $4 million to host it, highlighting the risks of big bets in this volatile space. Even established players like Genesis aren't immune - they just settled with the SEC for $21 million over their Gemini Earn product
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