Bitcoin to $1M? BlackRock’s New Love for Crypto, Ethereum ETF Launch Date ⚡️ Hamster News

Hey Hamsters! Today’s episode is packed with major updates and intriguing twists in the crypto world. Here’s what you need to know:

BlackRock’s Bitcoin Revelation

Larry Fink, CEO of BlackRock, the world’s largest investment fund, has made a surprising about-face on Bitcoin. Once a vocal skeptic, Fink now embraces Bitcoin as “digital gold.” He acknowledges Bitcoin’s role in investment portfolios, signaling a significant shift in his stance.

Bitcoin Price Predictions

Samson Mow, CEO of Bitcoin-focused Gen 3, predicts that Bitcoin will not fall below $60,000 even amid recent market turbulence. Mow is also confident that Bitcoin could reach $1 million within the next year, adding to the bullish outlook on the leading cryptocurrency.

Ethereum ETFs Launch

Ethereum ETFs are officially launching in the US! The SEC has given the green light for trading to commence on July 23rd. This move is expected to boost Ethereum’s performance, potentially allowing it to outshine Bitcoin this year.

Growing Bullish Sentiment for Ethereum

According to a recent Bybit report, investor sentiment towards Ethereum is increasingly positive. The anticipation surrounding the Ethereum ETFs is contributing to this growing bullish outlook.

Zero Edge Founder Admits Mistake

In a rare move for the crypto industry, Richard Kim, founder of the crypto casino Zero Edge, admitted to making a massive mistake. Kim raised $7 million but lost $367 million of investor funds due to leverage positions on crypto. He has reported himself to the SEC, marking a noteworthy moment of accountability in the space.