Morgan Stanley’s MSBT became the only spot Bitcoin ETF to avoid daily net outflows during its first month of trading. The ETF accumulated US$193.6 million (AU$271 million) in inflows despite volatility across the broader Bitcoin ETF market. Investor demand remained firm even during sector-wide withdrawals, with MSBT trading at a premium to net asset value. […]
JPMorgan says Bitcoin is increasingly outperforming gold as investors seek protection from geopolitical instability and currency debasement. Sustained inflows into Bitcoin ETFs and stronger futures positioning suggest both retail and institutional investors are raising crypto exposure. Strategy’s continued Bitcoin accumulation is reinforcing demand, with JPMorgan estimating purchases could hit US$30 billion (AU$42 billion) this year. […]
Bitcoin-backed digital credit products have grown to roughly US$10 billion (AU$14 billion) in under a year, according to Strive CEO Matt Cole. Industry executives believe the sector could become a multi-trillion-dollar market if it captures a small share of global credit markets. Firms including Strive, Bitcoin Standard Treasury Company and Nakamoto are expanding or exploring […]
Glassnode said Bitcoin broke above the US$78,200 True Market Mean and US$79,100 short-term-holder cost basis. The analytics firm put the next major resistance near US$85,200 as ETF demand rebuilds and short positioning persists. Realized Loss remains elevated at US$479 million per day, leaving the recovery short of full confirmation. Bitcoin has reclaimed two key on-chain […]
Matthew Sigel says Bitcoin reaching US$1 million within five years is now VanEck’s central expectation. Younger investor participation and broader institutional acceptance were cited as key drivers behind the forecast. The prediction joins a growing trend of ultra-bullish Bitcoin calls from major industry figures despite ongoing market volatility. VanEck’s Matthew Sigel has forecast that Bitcoin […]
K Wave Media said it can redirect up to US$485 million from a Bitcoin treasury strategy into AI infrastructure. The company plans to sell Play Co., Ltd. and remove about US$48 million in debt and contingent liabilities. KWM shares fell nearly 25% to US$0.307 on May 4 as investors weighed the pivot and shareholder approvals. […]
Bitcoin rejected the US$78,000-US$79,000 resistance band tracked by Glassnode after briefly approaching US$80,000 in April. Glassnode said short-term holder realised profit rose to about US$4 million per hour as recent buyers sold into the rally. Market data showed Bitcoin near US$77,043 on May 1, with support clustered around US$65,000-US$70,000 if demand weakens. Bitcoin (BTC) failed […]
Crypto exchange Bullish has expanded its integration with Ripple Prime, giving institutional clients access to Bitcoin options trading alongside existing spot and derivatives services. The move supports collateral like Ripple’s new stablecoin, RLUSD, and will boost capital efficiency for institutional investors through cross-venue margining. More than 300 institutional users of Ripple’s brokerage platform, Ripple Prime, […]
Jones argues Bitcoin’s capped supply makes it a stronger inflation hedge than gold, especially during periods of heavy monetary stimulus. He points to the 2020 liquidity surge as a turning point that highlighted Bitcoin’s role as a macro trade. Despite crypto optimism, he warns equities look stretched, with weak long-term returns and broader economic risks […]
Bitwise CIO Matt Hougan said Bitcoin’s 20% rebound from February lows was driven largely by Strategy, ETF issuers and long-term holders. Hougan said Strategy added US$7.2 billion (AU$10.37 billion) of Bitcoin over eight weeks, supported by STRC issuance. Strategy’s April 27 filing showed 818,334 BTC holdings after a 3,273 BTC purchase funded by common-stock ATM […]