Prediction market traders are putting real money on where bitcoin goes next, and right now, the crowd is split between a short-term bounce and a deeper correction. Key Takeaways: Polymarket shows a 31% chance bitcoin hits $80K in April 2026, making it the most active live bracket with $3.7M in volume. Kalshi traders give bitcoin
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.
Charles Schwab announced this week that it will begin selling Bitcoin and Ethereum directly to its 39 million brokerage clients. They will appear in the same account view as stocks, ETFs, and retirement funds, in the same app, under the same brand, one click from the S&P 500 index fund a customer bought for their
The average Web3 VC pitch sounds like ours did three years ago. “We have deep relationships across the ecosystem.” “We add value beyond capital.” “Our network is our edge.” It’s not that any of these statements is a lie; it’s that everyone says them, which makes them effectively meaningless. Liquidity providers (LPs) have heard this
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
Stablecoins, the $300 billion class of digital dollars, may have started as a faster way to move money across the globe, but companies are now asking a different question: what can they actually do with them? That shift is driving a new phase of adoption, according to Chunda McCain, co-founder of Paxos Labs, who says
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
With the S&P 500 pushing past 7,000 to fresh record highs, its chart is drawing striking comparisons to the Dot-com bubble era. Notably, the index closed Friday at 7,126, up 1.2% on the day and nearly 4% year-to-date. S&P 500 YTD price chart. Source: Google Finance Analysis shows the current trajectory closely resembling the early-2000s
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,