Day: September 20, 2025

BlackRock purchases $390M in Bitcoin and Ethereum

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Key Takeaways BlackRock bought $390 million worth of Bitcoin and Ethereum, strengthening its position as a major institutional crypto holder. The firm’s crypto portfolio has rapidly expanded following the introduction of Bitcoin ETFs in 2024. Share this article BlackRock, a major American investment management corporation overseeing trillions in assets, purchased $390 million in Bitcoin and Ethereum on Friday, continuing its aggressive expansion into digital assets. The latest acquisition adds to BlackRock’s substantial crypto holdings, which have grown rapidly since the firm began offering cryptocurrency ETFs. The investment management giant now…

Pi Network Drops Massive Update – Every Pioneer Must See This

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TL;DR Pi Network introduced a new solution that could speed up the verification process. PI reportedly made its debut on the Solana blockchain. However, the token’s price remains in red territory for the day and far away from its peak levels observed earlier this year. The New Feature The team behind Pi Network unveiled Fast Track KYC – a new feature designed via further integration of AI in the Know-Your-Customer process. Pioneers and non-users are allowed to complete it to participate in the Mainnet ecosystem “earlier than ever before.”  “This…

Crypto Will Surge On Fed Moves And Market Isn’t Ready: Economist

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Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in the coming months in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts in the coming months on the part of the Federal Reserve,” Economist Timothy Peterson told Cointelegraph on Friday. “There has never been a gradual reduction in rates like that currently envisioned by the Fed,” Peterson said, explaining that he expects “the surprise effect” to kick in and potentially catch the market offside. “It will…