Morgan Stanley’s New Bitcoin ETF Initiates with Significant Purchases and Fee Competition
On April 8, Morgan Stanley launched its spot Bitcoin exchange-traded fund (ETF) under the ticker MSBT on NYSE Arca, achieving $34 million in trading volume and selling 1.6 million shares…
Morning Brief: Iran’s Crypto Demand for Strait Oil Transit and Financial Highlights
Daily analysis by Tyler Warner. Views are personal and not representative of Decrypt. Discover our daily news show, available on Apple Podcast or Spotify. According to the Financial Times, Iran…
Fartcoin Leads Altcoin Decline with Significant Drop
While Bitcoin remains above $71,000, seeking stability, several altcoins have suffered steep declines, with Fartcoin experiencing the sharpest fall. The meme coin plummeted 28% from its Thursday morning high to…
Market Dominance by Bitcoin’s $80,000 Bullish Bet
The bitcoin (BTC) market sentiment has shifted significantly after a prolonged period, with investors now betting on a potential surge to $80,000. On Deribit, which holds a significant portion of…
Bitcoin Struggles Near Resistance Level Amid Analysts’ Divergent Views
Bitcoin remains stalled below its early-February resistance level, trading at approximately $71,200 and ether (ETH) at $2,185. Despite a positive shift from the recent US-Iran ceasefire, market sentiment has not…
Ethereum Foundation Continues ETH Sales Despite Staking Announcements
On April 8th, the Ethereum Foundation (EF) disclosed its plan to convert 5,000 ETH into stablecoins via CoWSwap’s TWAP feature for funding research, grants, and donations. This move reignited discussions…
Ben Delo, BitMEX Co-Founder, Donates $5.4M to Reform UK Amid Political Finance Debate
Ben Delo, co-founder of BitMEX, has announced a $5.4 million (£4 million) donation to Nigel Farage’s Reform UK party, citing dissatisfaction with the UK’s political system as his motivation for…
STRC Experiences High Trading Volume with Minimal Volatility
Wednesday saw the perpetual preferred stock of Strategy (MSTR), known as ‘Stretch’ (STRC), amass an impressive trading volume of approximately $333 million, marking its seventh-highest daily activity since its debut…
Bithumb Initiates Asset Seizure Over Erroneous Bitcoin Transaction Worth $8 Million
A South Korean cryptocurrency exchange, Bithumb, has sought a court order to freeze seven bitcoins (BTC), valued at approximately $71,271.43 each, totaling around $8 million. This action follows an error…
Morgan Stanley’s Bitcoin ETF Attracts $31M in First Day of Trading
On Wednesday, Morgan Stanley launched the first spot Bitcoin ETF by a major U.S. commercial bank, with its MSBT product seeing an inflow of $30.6 million on its debut trading…