Next Crypto to 100x as BlackRock Buys $314M Ethereum Dip
The post Next Crypto to 100x as BlackRock Buys $314M Ethereum Dip appeared on BitcoinEthereumNews.com.
BlackRock, the biggest name in finance, just dropped a cool $314M on Ethereum, and people are buzzing. The timing is what’s got everyone talking. The crypto market has been struggling, with Ethereum’s price dropping to $4,316 on August 26th. You might expect a major player to play it safe, but nope. BlackRock is essentially doing the crypto version of ‘buying the dip’ on a large scale. This isn’t a shocker, really. BlackRock’s iShares Ethereum ETF is already famous for scooping up both Bitcoin and Ethereum. But making such a massive purchase during a price crash is a bold move. While many regular investors panic and sell, BlackRock recognizes a fire sale and buys up as much $ETH as possible at lower prices. It’s a classic Wall Street move, showing that these big institutions aren’t afraid of a little red on the charts. Some folks are worried that BlackRock’s big bet might blow up in their face, but for now, it’s a huge sign of confidence in Ethereum. And this confidence could open the gateway for the next crypto to 100X, including Snorter Token ($SNORT), Maxi Doge ($MAXI), and Just a Chill Guy ($CHILLGUY). What’s Next for Ethereum’s Price? The crypto community is divided on Ethereum’s future. Its price has fallen over the past two days, and traders are speculating about the implications. Is this just a healthy ‘correction’ before a bigger rally, or the start of a full-blown bear market? Opinions are all over the place. Despite all the uncertainty, BlackRock continues to double down on Ethereum. Their latest buy gives a lot of people hope that this great institutional support will inspire others to jump back in. After all, if the biggest asset manager in the world thinks $ETH is a good long-term investment, maybe it is. As of…
Filed under: News - @ August 27, 2025 11:24 am