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2 Apr 2026, 14:52

BlackRock buys nearly $2 billion worth of crypto since start of Iran War

BlackRock , the foremost asset manager in the world, has seen a noteworthy change in its crypto net holdings since the ongoing war in Iran began. Most notably, the fund currently holds approximately $53.22 billion worth of Bitcoin ( BTC ), judging by the real-time wallet data available on Arkham at the time of writing, April 2. This amounts to roughly 782,290 tokens, up from 760,850, valued at $51.26 billion on February 28 when the first strikes were launched. The increase of roughly 21,440 BTC reflects both net inflows and a modest rise in Bitcoin’s price from $67,368 to $68,028 over the same period. BlackRock trims its Ethereum holdings In contrast, the firm’s Ethereum ( ETH ) exposure has dropped. Specifically, its holdings declined from 3.15 million ETH, worth $6.37 billion at the end of February, to 3.02 million ETH, valued around $6.35 billion by April 2. Despite ETH’s price rising from $2,025 to $2,101, the total value of BlackRock’s position edged lower, showing that net outflows have been the chief culprit beyond the drop in numbers. What this suggests is that institutional capital continues to favor Bitcoin as the dominant digital asset and a hedge, even as Ethereum posts price gains and registers its highest quarterly transactions ever. BlackRock’s crypto holdings grow Overall, BlackRock’s crypto portfolio saw a net increase in value of about $1.94 billion, driven primarily by its expanding Bitcoin allocation. BlackRock crypto holdings. Source: Arkham In addition to the two leading digital assets discussed above, the fund has also posted some additional, smaller changes to its portfolio, ranging from a few hundred dollars in Vertical AI (VERTAI) to more than $100 thousand in EnviDa (EDAT). In total, BlackRock commands $59.57 billion worth of cryptocurrencies, the vast majority of it in Bitcoin (89%) and Ethereum (11%). Featured image via Shutterstock The post BlackRock buys nearly $2 billion worth of crypto since start of Iran War appeared first on Finbold .

2 Apr 2026, 12:55

Riot wallet outflow adds to selling wave among listed Bitcoin miners

Arkham data linked a 500 BTC outflow to Riot Platforms, worth roughly $34 million, as Bitcoin miners and treasury companies navigate listing pressures and volatile market conditions.

2 Apr 2026, 07:01

Shiba Inu Logs 4.8B Exchange Inflows in 24 Hours as April Opens with 2% Decline

Fresh on-chain data shows significant movement of billions of Shiba Inu (SHIB) tokens across centralized exchanges, drawing increased attention from market observers. Blockchain analytics platform Arkham Intelligence reported that 4.8 billion SHIB flowed into exchanges in the past 24 hours, worth roughly $27,000 at current prices. Visit Website

1 Apr 2026, 06:00

Bitmine Just Locked $340M More In Ethereum – Supply Keeps Shrinking

Ethereum is testing $2,000. The market is uncertain. And a few hours ago, one institution decided that uncertainty was the right time to commit another $340 million. Data from Arkham Intelligence has identified a transaction that stands in direct contrast to the current market mood: Bitmine staked an additional 167,578 ETH — approximately $340 million — within the last several hours. This was not a purchase. It was a commitment. Staking ETH means locking it, removing it from circulation, and declaring that it will not be sold. At $2,000, during a period when most market participants are questioning whether that level holds, Bitmine chose to deepen its position rather than reduce it. The cumulative context makes the move even more consequential. It is a structural bet on Ethereum’s long-term value, built transaction by transaction, at prices the broader market has treated as a reason to hesitate. Every ETH that Bitmine stakes is ETH that cannot be sold. At $2,000, with exchange supply already contracting, that distinction matters more than it would at any other point in the cycle. One Institution Is Not Waiting for the Recovery. It Is Funding It Bitmine’s latest transaction of 167,578 ETH brings its total staked position to 3,310,221 ETH, now valued at approximately $6.72 billion. That figure is not a portfolio allocation. It is an institutional declaration made across multiple transactions, at multiple price points, through one of the most difficult periods Ethereum has experienced in recent memory. Each stake was a choice. Together, they form an argument about where ETH goes from here. The market Bitmine is betting on is fragile. Ethereum is navigating a delicate price level around $2,000 — a zone that has absorbed significant selling pressure and is now attempting to form the base of a recovery. The broader market is trying to stabilize after months of sustained downside, and every session at this level is a test of whether buyers have enough conviction to defend it against renewed pressure. Bitmine has answered that question for itself. $6.72 billion in staked ETH is the most unambiguous expression of conviction available in this market. The only question left is whether the price eventually agrees. Ethereum Tests Macro Support as Structure Weakens Ethereum is trading near the $2,000–$2,100 region, a level that now acts as a critical macro support after the recent breakdown from the $3,000 range. The weekly chart shows a clear shift in structure, with ETH failing to hold above the 50-week and 100-week moving averages, both of which are beginning to flatten and turn into resistance. The rejection from the $3,500–$4,000 region marked a decisive loss of bullish momentum, followed by a sharp move lower that tested the 200-week moving average, currently sitting below the $2,000 level. Price has since bounced slightly, but remains compressed just above this long-term trend indicator. This positioning is important. Historically, the 200-week moving average has acted as a strong support during corrective phases. Holding above it would suggest that Ethereum is undergoing a deep retracement within a broader uptrend. Losing it, however, would signal a structural breakdown with potential for extended downside. Volume spikes during the selloff point to capitulation or forced liquidations, while the recent stabilization indicates that selling pressure is being absorbed, but without clear bullish expansion. Structurally, Ethereum is at an inflection point. A reclaim of $2,500 would shift momentum, while sustained weakness below $2,000 would expose lower liquidity zones. Featured image from ChatGPT, chart from TradingView.com