Bitcoin Boosts Standard Chartered Digital Assets
Standard Chartered plans to merge Zodia Custody’s services with its digital asset division, enhancing institutional crypto offerings. #Update #Finance
Standard Chartered plans to merge Zodia Custody’s services with its digital asset division, enhancing institutional crypto offerings. #Update #Finance
Advances in quantum computing may threaten Bitcoin’s security, but Bernstein estimates the industry has 3-5 years to prepare for upgrades, focusing on vulnerable wallet types. #Update #Crypto $BTC
Michael Saylor of @MicroStrategy believes bitcoin likely bottomed at $60,000 in February, citing limited selling pressure and growing ETF demand. He sees digital credit as a future catalyst. #Update #Crypto $BTC
Bernstein and @Blockstream CEO Adam Back say quantum computing isn’t an existential threat to $BTC, emphasizing a manageable upgrade cycle for Bitcoin’s security. #Update #Crypto $BTC
@MorganStanley launches its Bitcoin ETF, the Morgan Stanley Bitcoin Trust (MSBT), with a 0.14% fee, targeting high-net-worth clients amid rising demand for crypto assets. #Update #Crypto $BTC
Bitcoin long-term holder supply turns positive as price surpasses $71,000, indicating increased confidence among investors. #Update #Crypto $BTC
Morgan Stanley launches a Bitcoin ETF with a 0.14% fee, challenging BlackRock’s IBIT. This move could shift $6.2 trillion in client assets towards Bitcoin exposure. #Update #Bitcoin $BTC
Adam Back denied being Satoshi Nakamoto after a New York Times article suggested he is a leading candidate, citing his extensive work in cryptography and electronic cash. #Update #Crypto $BTC
A new ETF by @XFunds, trading only outside U.S. hours, launched on NYSE as Bitcoin rose 5.8% overnight after a U.S.-Israel ceasefire. #Update #Crypto $BTC
Digital asset products saw $224M in inflows last week, led by $XRP with $119.6M. However, $ETH faced $52.8M in outflows amid regulatory concerns. #Update #Crypto $XRP (+8) ↗
Iran demands Bitcoin payments for ships transiting the Strait of Hormuz, with a toll of $1 per barrel. Ships face military warnings if rules are ignored. #Update #Crypto $BTC
Morgan Stanley’s spot Bitcoin ETF, MSBT, launches today on NYSE Arca, controlling over 50% of total assets in the sector, marking a significant shift for institutional crypto investment. #Update #Crypto $BTC
The New York Times investigation suggests @adam3us may be Satoshi Nakamoto, citing circumstantial evidence and stylometric analysis, which Back denies. The crypto community remains skeptical. #Update #Crypto $BTC
Bitcoin ($BTC) saw strong buying interest with 844,275 BTC traded between $60,000 and $70,000, indicating potential support below $70,000 as it recovers above this level. #Update #Crypto $BTC