A new 1kx analysis suggests many protocol fees rise with Bitcoin prices, but the real test is what happens in down months, when macro fear hits and fee beta turns painful.
Bitcoin dropped below $75,000 as Iran rejected US talks and the Strait of Hormuz closed for the first time in history. The post Bitcoin Dips Below $75,000 as Strait of Hormuz Sees Zero Oil Tankers for First Time in History appeared first on ...
MSBT's early inflows are negligible next to Morgan Stanley's $1.9 trillion platform, but they offer something more valuable: proof that a bank-branded Bitcoin product can attract demand fast.
Investors withdrew a record $172.2 billion from money markets, signaling a shift to riskier assets with Bitcoin between $72,000-$74,000 on April 15 at 100% YES.