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BlackRock deposits $173M in BTC and ETH to Coinbase, signaling ETF custody operations, not a sale.

Market News
13 May 2026
Coincu
View Source
Neutral
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BlackRock transferred 861 BTC and 44,691 ETH worth about $173 million to Coinbase, which acts as the custodian for its spot Bitcoin and Ethereum ETFs. This move likely reflects routine custody management or ETF share operations rather than an outright sale. While large crypto transfers to exchanges often raise speculation about selling, these assets remain under BlackRock's control through Coinbase Prime custody. Traders should watch for any further movement from custody wallets to trading addresses to confirm selling intent.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

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Frasers Group delays guidance amid takeover bids and reports 4% profit drop

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Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

Ethereum outperforms Bitcoin amid early large-cap rotation in crypto markets.

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Neutral
4 hours ago
Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

Gabriel sells its European FurnMaster furniture business to Leggett & Platt for about EUR 9 million

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Company Fundamentals
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Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

Bitcoin crowdfunding offers direct aid to crisis zones where traditional platforms fail due to banking restrictions.

A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...

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