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Today, BlackRock made a significant move in the crypto space by depositing $213.49 million worth of Bitcoin and $79.83 million in Ethereum into Coinbase. This large-scale transaction highlights growing institutional confidence in both BTC and ETH, reinforcing their status as key digital assets in the global financial landscape. Such movements often spark interest across the market, as they may signal deeper engagement from major financial players.

On another note, I came across something interesting on BingX, the new XPool for KITEAI. It allows users to stake USDT and earn a share from 150,000 KITE points, redeemable for $KITE between November 3rd and 7th at 12:00 UTC. It’s a unique opportunity for those who enjoy staking events and want to explore new projects within the ecosystem.

Have you checked out the KITEAI XPool yet? What’s your take on BlackRock’s growing activity in crypto?

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