Coinbase Asset Management has joined hands with Apex Group to develop a tokenized Bitcoin Yield Fund on Base. Coinbase developed a fund to build investment products that are based on blockchain technology for institutional and accredited investors across the world. The fund is developed on the ERC-3643 token standard. This
Bitcoin came below renewed selling pressure after Federal Reserve Chairman Jerome Powell signaled a cautious stance on future price cuts, triggering a broader market pullback. The important cryptocurrency dropped more than 5% in 24 hours, taking from weekly highs above $74,000 as macroeconomic troubles weighed on investor sentiment. Fed Signals
Morgan Stanley, a global financial service provider, has proposed an amended Bitcoin ETF filing with the U.S. Securities and Exchange Commission. As per the newly updated S-1 filing on March 18, the company has accepted the ticker MSBT on NYSE Arca. Adding more, the filing highlights that the trust will
The Algorand Foundation, which manages the development and expansion of the Algorand blockchain, has decreased its staff size by 25% as it adapts to a challenging macroeconomic and crypto market situation. On March 18, the official Alogrand foundation X account mentioned. “This decision was not taken lightly” because of the
The prolonged geopolitical tensions impact the Bitcoin price, which causes short-term volatility and sharp corrections due to increased risk aversion. It may be followed by rapid recoveries or surges if investors perceive it as a hedge against economic instability. Significantly, an early BTC holder has continued offloading a notable portion
Today, Maestro launched its first live program with Sazmining, a top provider of Mining-as-a-Service powered entirely by renewable energy, and went live with Mezzamine, the Bitcoin-native credit market for the mining economy. Backed by hashrate and provided by mining incentives, the facility enables institutional Bitcoin investors to deploy idle BTC
Japan-based Tokyo-listed Bitcoin treasury company Metaplanet Inc. transferred 4,986 Bitcoin (BTC), valued at about $368 million, from its cold storage to new wallets on Tuesday, as per Arkham Intel, a blockchain analytics platform. This marks the first huge activity from Metaplanet’s long‑dormant wallet in almost three months. On‑chain analysts note
The price of Bitcoin has recently hit a six-week high and stood at $75,937 on March 17, as more than $330 million in short positions were liquidated in the last 24 hours. The price skyrocketed to touch an intraday high of $75,937 on Tuesday, and meanwhile, it broke over the
The latest rebound of Bitcoin has shown a powerful base of long-term holders as ETF inflows and corporate treasury purchasing reshape the asset’s ownership structure, Bernstein mentioned in a research note on March 16. Bernstein mentioned Bitcoin surpassed gold and prominent equity indexes in the last week regardless of increased
The crypto market opened the day on a positive note, with green candles across major assets over the past day. While Bitcoin continued its steady upward momentum, climbing above the $72,000 level and was trading around $73,822 range at the time of writing, with 3.32% up in the last 24
