One of America’s biggest banks, Morgan Stanley, has upped the ante in its push to launch a spot Bitcoin ETF product. As of March 4, the firm has filed an amendment to its earlier Form S-1, naming its latest custody partners. Morgan Stanley joins Bitcoin ETF bandwagon The banking giant first filed for the Morgan
Bitcoin, the first and largest cryptocurrency by market capitalization rose above $71,000 on Wednesday, gaining more than 9% in 24 hours and leading broad advances in major cryptocurrencies. Crypto markets rebounded on Wednesday, recovering from a prior sell-off and shaking off earlier pain in other asset classes. Bitcoin rallied nearly 9% to reach $71,928, its
Institutional adoption of Bitcoin proxy stocks continues to accelerate at a breakneck pace. According to a recent filing, legacy wealth manager Rockefeller Capital Management, which oversees a massive $198 billion in assets, has aggressively expanded its position in the Bitcoin treasury company Strategy Inc. (MSTR). The firm increased its holdings by a rather impressive 146%.
RWA tokenization has been established on multiple chains, with some networks already specializing to carry specific assets and provide liquidity infrastructure. RWA tokenization is evolving as some projects specialize and concentrate on selected chains. Currently, tokenized assets are a multi-chain phenomenon, spanning several ecosystems. Based on the number of holders, Ethereum is the leader in
Bitcoin climbed over the past 24 hours, raising a question across the market: how high can Bitcoin go this week? Bitcoin is currently trading near $71,370, up about 6.35% in the last 24 hours. The rally appears to be driven mainly by activity in derivatives markets, where a large number of bearish bets were suddenly
Crypto-related stocks opened the Wednesday U.S. session with sizable gains as bitcoin BTC$72,364.59 surged above $72,000 for the first time in almost a month. Crypto exchange Coinbase (COIN) jumped above $200 to its strongest price since late January, up 12% in the first minutes of trading. Strategy (MSTR), the largest corporate bitcoin holder, advanced nearly
As you know, in February the US Supreme Court overturned President Donald Trump’s tariffs. However, Donald Trump strongly opposed this decision, and shortly afterward signed an order raising tariffs to 15%. In his statements, Trump argued that the US Supreme Court’s decision regarding tariffs could pave the way for large sums of money to be
Crypto giant Tether, through its venture arm, has made a strategic investment in Eight Sleep at a $1.5 billion valuation to accelerate AI-driven health technology, according to a Wednesday announcement. The deal aims to establish a long-term partnership between the two firms, with Eight Sleep planning to integrate Tether’s QVAC architecture into its products. QVAC
Following a period of exceptional volatility that has only been exacerbated by escalating geopolitical tensions, Bitcoin ($BTC) managed a surprise rally between March 3 and press time on March 4. Indeed, after threatening a collapse to and under $60,000 less than a week earlier and failing to decisively break above $67,000 for weeks, the world’s
Bitcoin’s “air pocket” is once again coming into focus as the largest cryptocurrency by market capitalization rose on Wednesday to just below $72,000. The air pocket refers to a thin area of supply between $72,000 and $80,000, where relatively few coins last changed hands, according to data from Glassnode. Roughly just 1% of the circulating