CryptoBitcoinBlackRock Aims to Overtake MicroStrategy as Leading Bitcoin Holder

BlackRock Aims to Overtake MicroStrategy as Leading Bitcoin Holder

In a noteworthy prediction, Eric Balchunas, senior ETF analyst for Bloomberg, has endorsed the possibility of BlackRock emerging as the largest holder of Bitcoin, surpassing MicroStrategy. Balchunas, while expressing skepticism about the rapid pace outlined in the prediction—anticipating BlackRock’s overtake of MicroStrategy by February 1—conceded that BlackRock’s ascendancy in the Bitcoin market is an inevitable development. He remarked, “Doubt it will happen that fast but it will happen.” BlackRock made significant strides last week with the successful launch of its Bitcoin ETF, accumulating 11,439 Bitcoins within just two days of trading on the Nasdaq.

Michael Saylor Issues Urgent Warning Regarding AI-Driven Bitcoin Scams

On Sunday, January 14, former MicroStrategy CEO Michael Saylor utilized the X platform to caution the Bitcoin community about sophisticated scams leveraging AI to exploit unsuspecting holders. Saylor revealed that his team combats approximately 80 fraudulent AI-generated YouTube videos daily, yet the scammers persistently “keep launching more.” Saylor emphatically warned Bitcoin owners that there is no risk-free method to multiply their holdings and clarified that MicroStrategy does not distribute BTC to individuals scanning barcodes—an indication of a prevalent scam tactic. Saylor concluded his post on X with timeless advice for the crypto industry: “Don’t trust, verify.”

Shiba Inu’s Marketing Lead Unveils Future Plans for Shibarium

Lucie, the official marketing expert at Shiba Inu, recently shared insights into the future of Shibarium in a post titled “Unveiling the Future: What Awaits Shibarium” on the Binance Square network. Lucie hinted at upcoming developments for the layer-2 solution, emphasizing that Shibarium’s trajectory extends beyond ShibaSwap and the Shiba Eternity play-to-earn game. Among the revealed projects are the “super app” Shibahub and the eagerly anticipated Shib Metaverse. Lucie noted that new projects are enthusiastically joining the Shibarium ecosystem, teasing “great plans” on the horizon. Despite the existing attractions of the Shiba Eternity game, SHIB the Metaverse, and the ShibaSwap DEX, Lucie emphasized, “the true excitement lies in the mysteries yet to be unraveled,” urging the community to stay tuned for further updates.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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