Strategy CEO Phong Le suggested that a potential asset allocation by Morgan Stanley to Bitcoin could trigger a massive buying wave in the cryptocurrency market. In a post on social media, Le noted that Morgan Stanley’s asset management arm manages a portfolio of approximately $8 trillion. According to Le, if a 2% allocation—the midpoint of
U.S. President Donald Trump is putting intense pressure on the Federal Reserve to lower its benchmark interest rate. But as his war in Iran presses toward its fourth week, Bank of America economists raised the prospect of a policy move on Friday that’s in the opposite direction. Although the group still views cuts as more
Electric Capital published a research report on Monday, cataloging 501 distinct sources of real-world yield and cross-referencing them against tokenized assets with meaningful on-chain traction today. The venture firm found that only 34 of those yield sources have any on-chain presence above $50 million, and they cluster in familiar territory: U.S. Treasuries, private credit, corporate
Bitcoin’s volatility has dropped as its price has stabilized around $70,000, but traders are still paying up for downside protection, according to a new report from investment firm VanEck. Bitcoin’s realized volatility, or volatility based on actual observed price movements, has fallen from 80 to 50 over the past month, VanEck notes. But despite stabilizing
The global crypto market is starting to stabilize after a sharp sell-off as Bitcoin tries to settle near $70,000. However, positioning across derivatives and macro markets suggests that traders are far from confident about what comes next. The Fear and Greed index shows that investors are still seeing “Fear” in the market. VanEck’s data depicts
Publicly traded AI and blockchain firm Eightco Holdings ($ORBS) has upped its investment in leading artificial intelligence firm OpenAI, making an additional $40 million investment in the firm behind popular chatbot ChatGPT. The investment brings its total backing to $90 million in the firm led by co-founder and CEO Sam Altman, accounting for 30% of
Bitcoin is holding relatively steady despite gold, its main competitor in the “safe haven” category, experiencing a massive crash. The yellow metal is currently down more than $1,100 from its record high that was recorded in early February. In fact, gold is now on the cusp of recording its worst weekly drop since 1983. BREAKING:
While ETF outflows grabbed attention, about $13b quietly moved into crypto via OTC, prime brokerage, and private funds, showing institutional demand runs deeper than ETF dashboards. Summary A Daily Chain briefing highlights roughly $13b in capital flowing into crypto this week via prime brokers, OTC desks, structured products, and private vehicles that never show up
The Bitcoin market right now is demonstrating a phenomenal gap between demand and supply, with the key narrative being a battle for scarcity. According to data from Capriole Investments founder Charles Edwards, institutions are buying Bitcoin five-to-six times faster than miners are able to mine it. Why corporate Bitcoin buying just surpassed new supply by
While the broader market is divided between whether Bitcoin is in a bullish or bearish phase, core Bitcoiners are engaged in a different argument as different ideologies conflict to control the development and primary use cases of the OG crypto. The BIP-110 proposal has become the latest frontier, as each camp claims to have a