Institutional FOMO? Best Crypto to Buy Now as BlackRock Adds 10,000 BTC
Arkham recently revealed that on the day when every institutional investorfrom FOMO to ARK to Grayscaledecided to sell their Bitcoins, BlackRock made a gambit and bought $970 million worth of it.
FIDELITY SOLDARK SOLDGRAYSCALE SOLDBUT BLACKROCK BOUGHT $970 MILLION USD OF $BTC pic.twitter.com/mr1XrcH3NM
Arkham (@arkham) April 29, 2025
This speaks volumes about the trust BlackRock has in BTC, which further consolidates the community's belief that the world's largest crypto could potentially reach new highs. Circumstances like these make finding the best crypto to buy now much more important than ever before.
BlackRock Choosing Inflows While Other Institutions Record Massive Outflows
BlackRock's continued bullishness around Bitcoin is worth noting, especially since Fidelity Wise Origin, ARK 21Shares, and Grayscales flagship Bitcoin ETF have recently recorded outflows.
ARK lost over 2.3K BTC, and Grayscale pulled back by 103 BTC. In the case of Fidelity, it saw a one-day withdrawal of 917 BTC.
In contrast, BlackRocks iShares Bitcoin Trust (IBIT) added a massive 10,249 BTC in a single dayequivalent to $970 million.
At the time of writing, BlackRock now manages 599,000 BTC, making it the largest holder of U.S. spot Bitcoin ETFs.
Now the question remains: how could this have happened?
A simple answer is that investor confidence in BlackRock outshines that of Fidelity, ARK, and Grayscale. For one, BlackRocks IBIT offers competitive fees. Secondly, BlackRocks reputation for stability instills greater investor confidence.
And finally, being the worlds largest asset management company, BlackRocks purchase suggests long-term bullishnesswhich heavily influences investor sentiment.
As institutional FOMO builds around Bitcoin, there is growing consensus among investors that a massive pump could soon hit the crypto market. Preparedness is key to capitalizing on this surgeand thats why investors should consider picking cryptos that could give them an edge.
Best Crypto to Buy Now
Bitcoin
Bitcoin has currently climbed above the $95K mark and is inching closer to its $96K resistance. A breakout from this level could open the path toward its all-time highand crossing that threshold may lead to a move toward $120K, provided the rising channel pattern continues to hold.
The overall sentiment around Bitcoin remains bullish, and investor interest in it is high. Furthermore, most cryptocurrency experts believe that the start of a new bull rally is imminent.
Crypto analyst Ali recently highlighted that a golden cross between the MVRV ratio and its 365-day AMA has formed, which could signal the beginning of that rally.
Things are also looking greener by the day on the regulatory front. President Trumps Executive Director recently stated that a space race has commenced among countries to accumulate Bitcoin.
"People often ask us how much we want to accumulate," said the Executive Director. "Which I think is a stupid question, because any country would want to accumulate an asset that can store value as much as possible."
A golden cross between the MVRV Ratio and its 365-day SMA could mark the start of a new bull rally for #Bitcoin $BTC. One to watch closely! pic.twitter.com/BrDrNOfgEY
Ali (@ali_charts) April 29, 2025
This sentiment could result in Bitcoin catching tailwinds and rising significantly in pricepossibly even moving above the $200K mark.
BTC Bull
While institutional interest in Bitcoin is appreciated, there should be something for retail investors as wellespecially those who cannot dive into Bitcoin due to cost constraints.
BTC Bull is a project that bridges that gap and creates a nuanced ecosystem around Bitcoin that could give meme coin investors an upper hand.
The project follows a simple paradigm: grow when Bitcoin does. It doesnt rely on market uncertainty or speculation to rise in valueinstead, it has introduced mechanics designed to make its growth almost inevitable.
Whenever Bitcoin surges by $25K beyond the $100K level, it will trigger token burns and Bitcoin airdrops. Burns will tap into the supply-demand dynamic to drive up the price, while airdrops will provide investors with access to free Bitcoin.
This is a simple mechanism that could work in the long term if Bitcoin maintains momentum. And while BTC Bull doesnt have a distinct identity of its own, even its reliance on Bitcoin could prove fruitful.
Fantasy Pepe
Its no secret that the growth of Bitcointhough primarily driven by institutional interesteventually trickles down into the meme coin market. That was evident recently when the BTC surge pumped the value of most meme coins.
However, the market has since grown volatile, and cryptos like Pepe, while valuable due to their popularity, could use a fresh boost.
Fantasy Pepe offers a new take on standard Pepe-themed tokens. By providing an AI-driven ecosystem, it builds a unique narrative centered around fantasy football and popular AI models.
In this setup, ChatGPT and DeepSeek act as football managers, leading their memetic teams against one another. Fantasy Pepe token (FEPE) holders can wager on these matches and earn prizes based on accurate predictions.
The nature of the prizes variesranging from crypto and NFTs to, later on, real-world rewards.
Fantasy Pepe is also working to establish partnerships with major football teams, and some visuals on its official website suggest that developments are already underway behind the scenes.
Beyond wagering, Fantasy Pepe offers staking perks, providing users with a passive income stream. Currently available via presale, Fantasy Pepe has already raised over $240K. As the market continues to grow, we can expect more activity within this project.
MIND of Pepe
Another crypto that plays on the Pepe theme is MIND of Pepe. Its a meme coin that emerged at a time when the AI agent + meme coin narrative was gaining traction.
So far, the project has raised more than $8.5 million, and that figure could rise significantly once MIND of Pepes AI agent debuts on May 10th. This was one of the key highlights noted by prominent cryptocurrency analyst CryptoNews.
As an AI agent crypto, MIND of Pepe fuses both Pepe and AI themes. Its primary purpose is to provide users with market insights and early-moving opportunities. The AI agent will be fully autonomous, offering social media analysis and sharp takes on the current economy.
As a meme coin, MIND of Pepe carries a distinct styleno comedic gimmicks, only zen. This unique approach gives it a more grounded, robust vibe, which could help it gain traction and generate value as a viral asset.
Final Words
BlackRocks recent Bitcoin purchase has made it clear that Bitcoin is on the path to massive institutional adoption. This could lead to significant traction for BTC and other assets.
However, theres no telling when market conditions might turn volatile againwhich is why investors seeking the best crypto to buy now should consider exploring crypto presales as well.
Their promise of early-moving gains offers a valuable advantage alongside buying cryptos already being traded on the market.
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Text source: Crypto Daily™
