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BlackRock transfers 7,432 BTC and 8,150 ETH to Coinbase Prime, fueling ETF operations, not a sell-off.

Market News
29 Jun 2026
Crypto Briefing
View Source
Neutral
BlackRock transfers 7,432 BTC and 8,150 ETH to Coinbase Prime, fueling ETF operations, not a sell-off.

BlackRock moved 7,432 Bitcoin and 8,150 Ethereum to Coinbase Prime as part of its ETF operations for iShares Bitcoin Trust and Ethereum Trust. This large transfer is routine and reflects operational maintenance rather than a market sell-off. While such moves add temporary supply on exchanges, they do not necessarily indicate bearish sentiment unless redemption outpaces creation. Investors should watch for patterns of net selling, but currently, these transfers are standard ETF liquidity management.

More News

District Metals reports $16.2M cash, $10M private placement, and strong Viken uranium project economics.

District Metals reports $16.2M cash, $10M private placement, and strong Viken uranium project economics.

District Metals Corp. announced its financial results for the year ending June 30, 2026, highlighting a cash balance of $16.187 million and a recent $10 million private placement to strengthen its finances. The company focuses on its Viken Property i...

Company Fundamentals
Bullish
4 hours ago
J.P. Morgan warns oil above $100 could trigger stagflation despite steady economic growth.

J.P. Morgan warns oil above $100 could trigger stagflation despite steady economic growth.

J.P. Morgan highlights the risk of stagflation if oil prices remain above $100 per barrel for a prolonged period, even if economic growth does not slow significantly. Factors such as rising inflation, record deficits, and supply-demand mismatches in ...

Market News
Bearish
4 hours ago
Ondo Finance denies reports of seeking buyers after founder's death amid ongoing court dispute.

Ondo Finance denies reports of seeking buyers after founder's death amid ongoing court dispute.

Ondo Finance has denied reports that it sought buyers following the death of its founder Nathan Allman in May 2026. The company called the claims of outreach to prospective buyers "wholly untrue," amid an ongoing Delaware court dispute over control o...

Market News
Bearish
4 hours ago
Bitcoin ETFs attract $2.65B in 5 days, pushing BTC to $87K despite bond yield and Fed rate hike fears.

Bitcoin ETFs attract $2.65B in 5 days, pushing BTC to $87K despite bond yield and Fed rate hike fears.

U.S. Spot Bitcoin ETFs have seen $2.65 billion in net inflows over the past five days, lifting Bitcoin's price to an eight-month high of $87,000 and turning year-to-date ETF flows positive. BlackRock accounted for half of these inflows, helping erase...

Market News
Neutral
4 hours ago
Quant (QNT) surges 7.42% in one hour to $98.32, driven by strong market activity.

Quant (QNT) surges 7.42% in one hour to $98.32, driven by strong market activity.

Quant (QNT) experienced a sharp price increase of 7.42% within one hour, rising from $91.53 to $98.32 on Binance's spot market. This surge was accompanied by significant liquidations totaling $170,000 in long and short positions across major exchange...

Market News
Bullish
5 hours ago
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