Coinbase Receives $429 Million Bitcoin Boost From BlackRock; Ripple Celebrates 13th Birthday

U.Today presents the top three news stories from the past day. Coinbase received a significant injection of Bitcoin, with an estimated value of $429 million, from BlackRock. The massive transfer marked BlackRock’s first move to sell cryptocurrency in over a month following consistent buying activity. Experts suggest that this could signal a strategic shift towards market adjustment. Meanwhile, Ripple commemorates its 13th anniversary, with substantial XRP transfers coinciding with the milestone. Whale Alert blockchain tracker reveals large XRP movements from Ripple’s own holdings, including significant transfers and escrow releases. Lastly, Microstrategy’s Michael Saylor continues to add to his Bitcoin portfolio, purchasing another 705 BTC worth around $75.1 million. This brings their total holdings to over 580,955 BTC, with a value exceeding $60 billion at current prices. Saylor has been actively buying Bitcoin in recent weeks and is rumored to be planning an upcoming acquisition, as indicated by his social media posts.