Morgan Stanley launched its spot Bitcoin ETF on Apr. 8 on NYSE Arca, calling MSBT the first cryptocurrency ETP from a US bank-affiliated asset manager and pricing its sponsor fee at 0.14%, the lowest Bitcoin ETP sponsor fee. By Apr. 16, Farside Investors’ data showed cumulative net inflows of $116 million across seven trading sessions.
The current Bitcoin ($BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. Thorn compared price action since the April 2024 Bitcoin halving to cycles triggered in 2012, 2016 and 2020; the current cycle shows significantly dampened volatility and lower upside.
Paolo Ardoino, the CEO of Tether, the world’s largest stablecoin firm, has reaffirmed his bullish stance on Bitcoin, sparking reactions as all eyes appear to be on Bitcoin following the recent market rally. In his post, Ardoino declared that Bitcoin is resistant after a viral artwork shared by Satoshigallery sparked the attention of the crypto
Bitcoin’s network just recorded its lowest activity in eight years, and the price has barely flinched. CryptoQuant flagged that active $BTC addresses hit their lowest level since 2016 on Apr. 8. At the same time, Glassnode’s latest 24-hour reading puts active addresses at 661,313, a number that, set against a price near $78,000, produces one
Just when markets had priced in the reopening of the Strait of Hormuz, Iran reversed course. On April 18, the Islamic Revolutionary Guard Corps (IRGC) announced the strategic waterway was closed again, less than 24 hours after its foreign minister declared it fully open. Bitcoin, which had surged past $78,000 on the initial relief rally,
While on Bloomberg, Nic Carter once again raised the issue of a “quantum deadline” in 2029, one of the industry’s key architects, Adam Back, remains completely calm. His response to warnings that Bitcoin could become “obsolete” and lose Satoshi’s coins boils down to a simple thesis: software protection is evolving faster than the hardware threat.
Bitcoin (BTC) has moved lower after failing to hold above its recent peak of $78,400. The asset slipped toward $75,000 following increased market pressure linked to geopolitical tensions in the Middle East. Price action shows Bitcoin had earlier climbed from below $70,500 to a 10-week high. The move followed brief optimism around reported diplomatic progress
A leading physicist has warned that rapid advances in quantum computing are bringing forward the timeline for breaking modern cryptography, posing a growing threat to Bitcoin (BTC). According to Chris Tam, director at BTQ Technologies, quantum computing is no longer theoretical but an active, rapidly evolving field, he said in an interview with David Lin
U.S. President Donald Trump has accused Iran of breaching a ceasefire agreement. The claim follows reports that Iran opened fire in the Strait of Hormuz during the truce period. Trump described the situation as a “serious violation” and warned that further action could follow if negotiations fail. He stated ”it will happen, one way or