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BlackRock moves $1.22B in Bitcoin to Coinbase for spot ETF operations over four days

Market News
04 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

BlackRock transferred 20,359 BTC worth $1.22 billion to Coinbase Prime within four days as part of routine operations for its iShares Bitcoin Trust (IBIT) spot Bitcoin ETF. These moves are normal for managing the ETF's liquidity, custody, and trading needs, not a sell-off. The transfers highlight ongoing strong demand for IBIT and reflect a stable crypto market structure that absorbs large transactions without price disruption. This steady activity signals BlackRock's continued commitment to its crypto operations.

More News

IKIGAI Trading Academy launches Flight Path tool for SPX and SPY day traders to map market structure.

IKIGAI Trading Academy launches Flight Path tool for SPX and SPY day traders to map market structure.

IKIGAI Trading Academy, led by Qamar Zaman, has released Flight Path, a market-structure projection tool for SPX and SPY day traders. The tool helps traders plan trades by mapping bullish and bearish paths based on market structure before the open, e...

Others
Neutral
1 hour ago
XRP rebounds short-term but faces ongoing medium- and long-term selling pressure.

XRP rebounds short-term but faces ongoing medium- and long-term selling pressure.

XRP experienced a short-term price rebound with increased trading volume, reaching $1.1493 as of July 4, 2026. Despite this uptick, its 60- and 90-day returns remain negative, indicating persistent selling pressure and uncertainty about a sustained t...

Technical Signals
Neutral
4 hours ago
Chery Auto opens Rosslyn Plant in South Africa, boosting local jobs and production capacity.

Chery Auto opens Rosslyn Plant in South Africa, boosting local jobs and production capacity.

Chery Auto officially opened its Rosslyn Plant in South Africa, transforming from an importer to a local manufacturer and retaining all 692 employees. The plant, originally built in 1963, will be upgraded to produce 50,000 vehicles annually by mid-20...

Company Fundamentals
Bullish
4 hours ago
Bitcoin jumps above $63,000, XRP leads crypto gains amid easing inflation concerns

Bitcoin jumps above $63,000, XRP leads crypto gains amid easing inflation concerns

Bitcoin surged above $63,000 for the first time in two weeks, reversing losses from late June as crypto markets rebounded. XRP rose over 5% in a day and nearly 10% over the week, surpassing USDC to become the fifth-largest cryptocurrency by market va...

Market News
Bullish
4 hours ago
Debate arises over freezing Satoshi's 1M BTC wallets amid quantum computing risks by 2029

Debate arises over freezing Satoshi's 1M BTC wallets amid quantum computing risks by 2029

A Google Quantum AI report warns that by 2029, quantum computers could crack Bitcoin's cryptography, threatening wallets including Satoshi Nakamoto's 1.1 million BTC. Binance's CZ proposes freezing unmoved wallets after a migration period to prevent ...

Market News
Neutral
5 hours ago
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