Open interest in BTC and ETH perpetual futures rose by over $2 billion each in 24 hours after the U.S.-Iran ceasefire announcement.
US President Donald J. Trump is set to attend the “crypto and business conference” at Mar-a-Lago on April 25. Marketed by Trump-linked company Fight Fight Fight LLC, the gala luncheon features exclusive entry for the top 297 holders of the TRUMP memecoin and a reception for the top 29 holders. Performance of Trump-associated meme coins: …
Crypto markets are showing early signs that the worst may be over, following a prolonged decline that began with the industry’s sharp sell-off back in October of last year. In a new report shared on social media, technical analyst Ali Martinez says the market is now starting to form what he calls a structural floor. Next Cycle Setup For Crypto Leaders Martinez’s view is rooted in the idea that seven months of heavy volatility may also be creating a rare opportunity. For those focused on the longer-term picture, he argues, the current turbulence can act as a reset period before the next multi-year cycle. Rather than treating the current sell-off as purely negative, Martinez suggests it may be setting up the conditions for a new upward phase once the market stops bleeding. Related Reading: Adam Back Denies Being Bitcoin Creator In Response To NYT: ‘I Am Not Satoshi’ When looking at the “big picture” for broader crypto market structure, Martinez points to a metric he says helps define the floor: the CVDD Channel, which stands for Cumulative Value Days Destroyed. According to his analysis, Bitcoin’s “Golden Zone” is currently near $49,330. He claims that historically, entries into this area have tended to show up before bull market runs, and he outlines upside targets for what could follow—potentially reaching $178,478, and in an even more extended scenario, $273,158. The analyst then turns to Ethereum (ETH). Martinez says he is watching whether ETH is moving within a parallel channel pattern, and if that interpretation holds, he believes the zone between current levels and $1,070 could offer a high-conviction entry point. From there, he highlights an ecosystem-wide rally scenario with a macro target around $8,670 as the next major objective, framing it as a move that would emerge as the broader crypto ecosystem matures. Outlook For XRP, SOL, And DOGE For XRP, Martinez focuses on a specific support level as the key to determining whether the crypto market can stabilize. He says that if XRP can hold support near $0.80, it could create a strong “buy the dip” setup, potentially giving traders a chance before a later retest of XRP’s all-time high near $3.30 and beyond. Solana (SOL) is next, and Martinez suggests SOL may need a broader “generational” reset to complete the bottoming process. He argues that the possible low area ranges from $74 to $50, describing that band as a total reset of speculative “froth.” Martinez characterizes that kind of clearance as a major launchpad for the next upward move, implying that the more aggressive the washout, the more room there may be for the following leg higher. Related Reading: JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats Finally, Martinez discusses Dogecoin (DOGE) using what he calls fractal signals. He says the memecoin’s chart structure indicates a coiling phase that often appears before the next parabolic move. In that context, Martinez points to a zone he believes is where larger, more informed buyers could begin accumulating. His range for that buildup is between $0.090 and $0.060, which he describes as the area where accumulation could start to intensify ahead of a potential upside surge. Featured image from OpenArt, chart from TradingView.com
Wall Street’s financial advisory machine now has a direct line to Bitcoin. Morgan Stanley Investment Management launched its spot Bitcoin exchange-traded fund on NYSE Arca on Tuesday, backed by a network of roughly 16,000 financial advisors who can steer clients into the product through their standard brokerage accounts. Related Reading: Bitcoin Faces Quantum Risk As Bernstein Sees 3–5 Year Window For Upgrades First Bank-Affiliated Asset Manager To Cross The Line The fund, trading under the ticker MSBT, tracks Bitcoin’s daily price using the CoinDesk Bitcoin Benchmark 4 PM NY Settlement Rate — a pricing tool that pulls executed trade data from major Bitcoin spot exchanges to generate a standardized settlement figure. While BlackRock and Fidelity already offer Bitcoin ETFs, neither is affiliated with a traditional US bank. Morgan Stanley’s entry fills that gap and marks the first time a bank-linked asset manager has brought a cryptocurrency product of this kind to market. LATEST: ???? Morgan Stanley launches its Bitcoin ETF on NYSE Arca today, becoming the first major US bank to offer a publicly traded spot Bitcoin fund. https://t.co/r3un2WaSGs pic.twitter.com/lRV9IOsgEO — CoinMarketCap (@CoinMarketCap) April 8, 2026 Eric Balchunas of Bloomberg called it a dramatic shift for the industry. Just a few years ago, he said, such a move from Morgan Stanley would have been unthinkable. Fees Set Below The Competition Morgan Stanley priced MSBT at a 0.14% sponsor fee — a hair below Grayscale Investments, which charges around 0.15% for a comparable product. It’s a small difference on paper, but in a market where cost comparisons drive investor decisions, even a single basis point can tip the scales. The firm says that makes MSBT the lowest-cost Bitcoin ETP currently available among comparable offerings. BNY and Coinbase were tapped to handle custody of the fund’s digital assets. BNY also takes on the administrator and transfer agent roles, covering accounting, record-keeping, and cash management. The combination of a legacy banking giant and a major crypto exchange signals a deliberate effort to meet institutional standards from the start. Related Reading: XRP Faces No Immediate Quantum Threat As Only 0.03% Supply Seen At Risk: Analyst Launch Comes Amid Fresh Outflows Across Bitcoin Funds The timing is not without friction. Bitcoin ETF products recorded their first week of net outflows just before MSBT went live, with close to $160 million pulled from these funds. Fidelity and Grayscale saw nearly $48 million and $42 million in withdrawals each. Despite the headwind, Morgan Stanley is pressing ahead. MSBT joins an ETF platform the firm launched in 2023, which now manages over $12 billion across 19 products. Adding a Bitcoin fund extends that lineup beyond traditional asset classes for the first time. Whether retail investors — guided by those thousands of financial advisors — will move in behind it remains the open question. Featured image from Unsplash, chart from TradingView
The Binance founder also says friends told him firms funded "smear articles" because they opposed Binance doing business in the U.S.
US Treasury Secretary Scott Bessent is once more calling for the urgent expedition of the CLARITY Act into law, warning that further delays risk loss of US prominence in global economics. Bessent nudges fast-tracking of the CLARITY Act Bessent compared the legislation’s development to that of Singapore and Abu Dhabi, nations that already have clear …
Layer-1 blockchains continue to compete for dominance, with user activity emerging as a key metric to track real adoption. While price often grabs attention, daily active users provide a clearer signal of where on-chain demand is actually flowing. Recent data highlights five major Layer-1 networks leading in user activity this month, and interestingly, Ethereum does …
With market pricing data currently monopolized by a few players, Pyth seeks to democratize access with a pay-on-demand model beginning with seven big-name providers.
The new YouTube Shorts feature lets creators generate short videos using a realistic digital recreation of their own face and voice.
Tornado Cash developer Roman Storm and the Department of Justice faced off in court on Thursday in Manhattan.
Bitcoin whales sold $270 million in BTC on Sunday, but the steady absorption of supply by traders should help bulls maintain their hold on the market momentum.
OpenAI CRO Denise Dresser says enterprise now makes up more than 40% of the company's revenue as companies turn to teams of agents.
As Kalshi captures a dominant 89% of the market, a high-stakes legal battle between federal regulators and individual states will determine if these platforms are treated as sophisticated financial tools or just another form of gambling.
The Toncoin price has been plunging since the rejection that it faced in the first few days of the year. The token continued to form consecutive lower highs and lows as bears held a tight grip over the rally. Currently, it is attempting a recovery after a prolonged downtrend, but the broader structure remains under …
XRP holders are currently sitting on major losses as the price continues to decline from the 2025 bull run highs. These holders risk larger losses on their investments, as crypto analyst CasiTrades has warned that XRP could still see new lows. XRP Holders Currently Seeing Major Negative Returns On Their Investments On-chain analytics platform Santiment revealed that the average wallets that have been active on the XRP Ledger (XRPL) over the past year are down an average of 41% on their investments. Santiment noted that this is the lowest Mean Value to Realized Value (MVRV) for XRP holders since the FTX crash in November 2022. Related Reading: Don’t Get Trapped In XRP: Analyst Sounds Warning That Price Will Still Crash To This Level Santiment noted that because crypto assets are zero-sum trading games, significantly negative average returns, not just a price drop, but actual trader returns, imply that there is much lower risk than average in buying or adding to one’s XRP positions. The platform explained that this is because competing traders are already in severe ‘blood in the streets’ territory. On-chain analytics platform Glassnode also highlighted how much XRP holders are currently underwater. In an X post, the platform noted that with price trading at $1.33, the percentage of XRP supply in profit has declined to 43.4%, the lowest level since July 2024. Glassnode had previously noted that a large portion of the XRP supply was sitting at a loss even when the price was trading around $2.15. This signaled that the XRP market was a “top-heavy and structurally fragile market,” dominated by late buyers. XRP Preparing For Another Leg Down Crypto analyst CasiTrades has indicated that XRP is preparing for another leg down, which could put XRP holders in further losses. She noted that the bounce from the U.S.-Iran ceasefire agreement is over now and that she is watching for a wave-3 down. The analyst also revealed that the ceasefire push over the last 24 hours sent XRP perfectly into the .618 retracement, which gave the market a clean wave-2 relief rally. Related Reading: Forget XRP Price Weakness, Investors Are Still Pouring In, And Wallet Figures Just Hit An Impressive Target CasiTrades acknowledged that the wave-2 move for XRP knocked out one of the smaller subwave counts, but that the bigger structure hasn’t changed. She added that the real move hasn’t happened yet and that she is still expecting a wave-3 move down toward $1.09, which the analyst warned could accelerate fast. The analyst had previously warned that XRP could drop towards $1.08, which is the macro .786 support, and then see another relief bounce before breaking lower into $0.87, which is the macro .854 support, marking the fifth wave of this bearish move down. At the time of writing, the XRP price is trading at around $1.33, down over 3% in the last 24 hours, according to data from CoinMarketCap. Featured image from Freepik, chart from Tradingview.com
In addition to its sizable TON token treasury, AlphaTON is also focused on supporting Telegram's native decentralized AI platform, Cocoon.
Buyers are eyeing Geminis UK and EU units for regulatory access after layoffs, overseas retrenchment, and a stock collapse.
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Authorities disrupted more than 120 cryptocurrency fraud domains, cutting off key infrastructure used to target victims.
Both Meta and CoreWeave logged stock gains Thursday after expanding their existing AI deal, now valued at $21 billion.
The U.S. economy entered 2026 with far less momentum than markets had priced in a few months earlier. According to the Bureau of Economic Analysis, fourth quarter 2025 GDP growth was revised down to 0.5%, a sharp step down from the 4.4% pace recorded in the third quarter. On its own, that revision would usually […]
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The framework automates the complex process of transforming raw research materials into polished academic manuscripts.
Brett Redfearn joins as president as the firm works to build regulated infrastructure for tokenized assets.
Interested parties are considering buying select parts of the business, particularly its shuttered European operations, to secure regulatory licenses, rather than pursuing a full takeover.
The Department of the Treasury announced it's letting crypto firms sign up for timely information-sharing on cybersecurity threats.
Market uncertainty looms as Bitcoin's rally faces skepticism, with potential volatility driven by leveraged positions and macroeconomic factors.
The post Bitcoin flirts with $72K while a whale bets $80M it won’t last appeared first on Crypto Briefing.
The release of Binance founder CZ’s memoir, Freedom of Money, has sparked a fresh public clash with the CEO of OKX, who now accuses CZ of repeating misleading claims about his divorce and his famed crypto origin story. The OKX CEO says that if CZ can produce a dated, signed divorce agreement clearly approved by …
The improbable solo mining success highlights Bitcoin's decentralization potential, despite dominance by large mining pools.
The post Solo Bitcoin miner wins $222K after beating 1 in 100,000 odds appeared first on Crypto Briefing.
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. The Unlikely Contender Gaining Ground Mike McGlone, senior macro strategist at Bloomberg Intelligence, has singled out Tether (USDT) as the asset most likely to reshape the crypto market hierarchy in the near future. The crypto market has grown massively in recent years and is now flooded with millions of tokens. However, in a recent note issued this week, McGlone noted that capital is gravitating toward instruments that maintain stability and utility, especially in uncertain macro conditions, and Tether’s USDT is leading the charge. Related Reading: 2018 Footage Of Ripple CEO Saying They’re Taking Over SWIFT Resurfaces, But How Have They Fared Since Then? Interestingly, McGlone also talked about a flippening of the crypto market ranks. However, this flippening is not the long-speculated scenario where Ethereum overtakes Bitcoin but a far less anticipated one where the dollar-backed stablecoin quietly surpasses both. “I expect the ‘flippening’ to continue, with Tether’s AUM topping Ethereum in 2026 and eventually Bitcoin,” McGlone wrote. The gap between the two assets has narrowed considerably in the past year. Ethereum’s market capitalization currently stands at approximately $272 billion. Tether’s market cap, meanwhile, is around $184 billion. This time last year, the stablecoin was sitting at a $144.2 billion market cap, making it a 27.6% growth over the past year. Tether currently controls about 58% of the global stablecoin market cap, and together with USDC, the two account for around 82% of the total stablecoin cap. Bitcoin’s Long Road Back To $10,000 McGlone pairs this stablecoin outlook with a notably bearish stance on Bitcoin. According to him, there’s a huge possibility of the Bitcoin price crashing to as low as $10,000. Bitcoin has been trading in a prolonged corrective phase following its 2025 all-time high, and a chart published alongside McGlone’s commentary shows that Bitcoin has always led both equity market upswings and downswings, and if equities are rolling over, Bitcoin may follow. Related Reading: US-Iran Ceasefire Trigger Bitcoin And Crypto Market Surge, But Will This Rally Last? The chart below shows Bitcoin’s yearly candle alongside the S&P 500 index and its 180-day volatility reading. The stock market volatility, which is at a reading of 12.5, is too low for 2026. A reversal in that trend could lead to further declines for Bitcoin, which is already showing signs of rejection above $70,000. Bitcoin Yearly Chart. Source: @mikemcglone11 On X Bitcoin must hold above $75,000 to invalidate the scenario of a crash to $10,000. Failure to do so, according to McGlone, opens the path to a deeper reversion to as low as the $10,000 range, which he highlights as a long-term equilibrium zone since the introduction of futures markets in 2017. Featured image created with Dall.E, chart from Tradingview.com
Transactions on the Open Network layer-1 blockchain protocol previously took about 10 seconds to settle before the Catchain 2.0 consensus upgrade.
Onchain and technical data hint that $1,800 may have been the macro price bottom for Ether. Is there sufficient bullish momentum for a rally to $3,000?