BlackRock Poised to Become Top $BTC and $ETH Custodian as Bitcoin Hyper Presale Targets $12.5M

BlackRock’s aggressive accumulation of Bitcoin ($BTC) and Ethereum ($ETH) could soon position it as the top custodian of the world’s largest ￰0￱ company is nipping at the heels of Binance, which currently holds the number one ￰1￱ of these coins could continue to rise as more ETFs and institutional investors stockpile ￰2￱ could see Bitcoin Hyper ($HYPER) get a boost from investors looking to take advantage of the speed and low transaction costs of its planned Bitcoin Layer ￰3￱ Accelerates $BTC, $ETH Accumulation Over the past several months, BlackRock’s $BTC and $ETH ETFs have massively increased their coins in ￰4￱ on Arkham data , its iShares Ethereum Trust ETF’s holdings grew from only 1.1M $ETH in January to 3.6M $ETH today.

Meanwhile, it expanded its iShares Bitcoin Trust ETF’s $BTC holdings from 228K at the start of the year to its present ￰5￱ rapid accumulation of the top two coins has brought BlackRock’s ETFs much closer to the current leaders Binance (626.2K $BTC, 4.3M $ETH) and Coinbase (977.2K $BTC, 5.1M $ETH). In addition, continued whale buys of these cryptocurrencies continue to reduce their liquid supply, which helps push their prices ￰6￱ prices, naturally, increase the attractiveness of the coins, so more traders buy or hold ￰7￱ also shines a light on projects that build upon their respective chains, especially if they make transactions cheaper or expand a coin’s ￰8￱ Hyper: Building the Next Phase of the Bitcoin Ecosystem As the world’s top cryptocurrency, Bitcoin continues to attract investors of all sizes.

However, it’s bogged down by fundamental issues such as slow transactions, which contribute to high fees. Also, $BTC has limited applications since it can’t be used for staking or interacting with ￰9￱ this isn’t a simple matter of rewriting Bitcoin’s underlying code, as that would weaken its ￰10￱ is where Bitcoin Hyper ($HYPER) comes ￰11￱ project aims to create a Bitcoin Layer 2, which should bring Solana-level speeds, low transaction costs, and expanded utility to the Bitcoin ￰12￱ of it as a fast lane to Bitcoin’s heavily congested Layer ￰13￱ launched, you’ll be able to send your $BTC to the L2 via a Canonical ￰14￱ creates a wrapped $BTC of the same value on the ￰15￱ can then use this for things $BTC couldn’t do before, like trading and ￰16￱ high-speed environment is powered by a Solana Virtual Machine, which makes transactions significantly faster and cheaper than on the ￰17￱ ensure that the actual amount and value of your $BTC is up to date, the L2 regularly synchronizes with the L1.

Then, if you want to bring your coin back to the base layer, simply withdraw it, and it will be sent to your Bitcoin wallet ￰18￱ learn more about the project, check out our ‘What is Bitcoin Hyper’ ￰19￱ Hyper has the potential to change the Bitcoin ecosystem for the better, which has seen it raise nearly $12.5M to date and become one of this year’s best presales to invest ￰20￱ get your $HYPER tokens, go to the official presale website or buy them via the Best Wallet ￰21￱ one only costs $0.012815, making it a cheap and potentially profitable way to invest in the future of ￰22￱ more information, you can read our detailed guide on how to buy Bitcoin ￰23￱ is another option if you want to earn passive income from your $HYPER ￰24￱ you do, you’ll enjoy rewards at 89% ￰25￱ you’re more of a long-term investor, Bitcoin Hyper’s promise as a Layer 2 could potentially result in healthy ￰26￱ on our Bitcoin Hyper price prediction , it could be worth as much as $1.50 by 2030 when the project fully ￰27￱ the Bitcoin Hyper presale ￰28￱ ETFs and Institutional Investors Send Bitcoin and Ethereum to Hyperspace?

Growing interest from institutions like BlackRock is a boon for top cryptocurrencies like $BTC and $ETH. In effect, they reduce the number of coins circulating in the market, making them scarcer and therefore more ￰29￱ rapid accumulation of these coins also attracts attention to projects that build upon the base blockchains. A good example is Bitcoin Hyper ($HYPER), which has raised nearly $12.5M to date for its planned Bitcoin Layer 2. Disclaimer: Do your own ￰30￱ is not investment advice.