Bitcoin trades near $71,000, down 40% from its October peak, yet Morgan Stanley launches its first BTC fund. Here's what the technical data and institutional signals mean for price.
Iran Bitcoin toll claims in the Strait of Hormuz face skepticism as TRM Labs says no verifiable on-chain evidence supports systematic crypto payments.
Bitcoin (CRYPTO: BTC) could climb to $95,000 by the end of 2026, according to executives at Bitwise Asset Management, who say the market is undergoing a quiet but sustained institutional bull run. Retail-Institutional Divide Widens Bitwise Chief Investment Officer Matt Hougan and Head of Research Ryan Rasmussen, speaking in an Apr. 8 interview with Milk Road, highlighted a growing disconnect between retail and institutional investors.
Puntos clave de la noticia: Bitcoin Depot disclosed an unauthorized actor accessed IT systems and obtained credentials tied to digital asset settlement accounts, stealing 50.903 BTC worth about $3.665 million. The company said customer platforms, data, and operating environments were not affected, and it has found no evidence information was accessed or exfiltrated.
An individual Bitcoin miner hit the lottery overnight, scoring a $225,000 BTC reward when they found a block.
Market uncertainty looms as Bitcoin's rally faces skepticism, with potential volatility driven by leveraged positions and macroeconomic factors. Bitcoin flirts with $72K while a whale bets $80M it won't last.
The improbable solo mining success highlights Bitcoin's decentralization potential, despite dominance by large mining pools. Solo Bitcoin miner wins $222K after beating 1 in 100,000 odds.
Bitcoin (CRYPTO: BTC) bounced from $67,000 to $72,000, but Glassnode data reveals weak spot demand, contracting futures volume, and persistent long-term holder capitulation running above 4,000 BTC per day, suggesting the recovery lacks conviction. The Bear Market Zone Bitcoin remains within bear market territory according to key on-chain pricing models.
Bitcoin and Ethereum's dominance is being directly challenged in a new outlook from Bloomberg Intelligence strategist Mike McGlone, who believes that an unexpected contender is positioning itself to overtake both. Tether USDT's market cap is steadily closing in on Ethereum, and Mike McGlone thinks the stablecoin's ascent is only getting started, while the two largest cryptocurrencies may be headed in the opposite direction.
TRM's Ari Redbord expressed skepticism that Iran and affiliated actors are accepting Bitcoin for safe passage through the Strait of Hormuz.
A solo Bitcoin miner operating with minimal computing power defied overwhelming odds early Thursday, successfully solving a block and claiming the entire subsidy along with the transaction fee reward.
Strategy's Michael Saylor hinted Bitcoin (BTC) bottomed at $60,000 as traders set the stage for a steady build-up.