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%.
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 $71,370, up about 6.35% in the last 24 hours. The rally appears to be driven mainly by activity in derivatives markets, where a large number of bearish bets were suddenly
Following a period of exceptional volatility that has only been exacerbated by escalating geopolitical tensions, Bitcoin ($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 $80,000, where relatively few coins last changed hands, according to data from Glassnode. Roughly just 1% of the circulating
Bitcoin rebounds after recent weakness, with improving momentum, and an analyst predicting a potential breakout. The daily chart shows Bitcoin ($BTC) trading around $69,188, posting a 1.9% gain over the past 24 hours after recovering from an earlier dip near $66,300. The price initially declined during the session but quickly stabilized as buyers stepped in,
DDC Enterprise has increased its $BTC holdings to 2,183 coins alongside record guidance. Summary DDC Enterprise now holds 2,183 $BTC after adding 65 $BTC during the latest treasury allocation round. The company guided for 2025 revenue of $39m to $41m, up sharply from prior periods. $BTC traded near $72k with 7% daily gains, as on-chain