Press Release

Bitcoin ETFs Gain Ground as Morgan Stanley Holds $272 Million

[ad_1] Morgan Stanley disclosed that it holds $272.1 million worth of Bitcoin ETFs (exchange-traded funds), highlighting the financial institution’s increasing stake in the pioneer crypto. This investment draws attention to the broader trend of major financial players exploring digital assets as part of their portfolio diversification strategies. Morgan Stanley Holds $272.1 Million Worth Bitcoin ETF […]

Press Release

A Wrapped Bitcoin Token Interoperable With Ethereum and OP Mainnet

[ad_1] Kraken announced the launch of its own wrapped Bitcoin token custodied by the crypto exchange. Dubbed ‘Kraken Bitcoin (kBTC),’ the new product is a fully backed, cross-network-compatible ERC-20 representation of Bitcoin. According to the official blog post, kBTC is held at the cryptocurrency exchange’s Wyoming-chartered Special Purpose Depository Institution (SPDI) – Kraken Financial. kBTC […]

Press Release

Bitcoin Price Is Trying To Break 200-MA That Led To Parabolic Surge In The Past, Will It Succeed Again?

[ad_1] The Bitcoin price started this week on a high in what was an remarkable move for many market participants. After spending the early days of October to disappoint investors, the Bitcoin price banged over $66,000 for the first time in many weeks.  Interestingly, this price action has seen the Bitcoin price once again approaching […]