Morgan Stanley initiated coverage on Cipher Mining and TeraWulf with Overweight ratings while downgrading Marathon to Underweight.
Bitcoin staged a strong recovery from $60,000 support last week after heavy selling, closing near $70,315 with MRI buy signal flashing – key levels to watch include $71,800 resistance and $57,800 deeper support.
Fed Governor Christopher Waller said bitcoin and crypto remain largely separate from the traditional financial system, viewing their volatility as a market feature rather than a systemic risk.
Michael Saylor defended Strategy’s bitcoin-buying strategy on CNBC’s Squawk Box today, brushing off fears the company could be forced to sell Bitcoin in a prolonged downturn.
Interactive Brokers now offers nano Bitcoin futures via Coinbase Derivatives, providing smaller, lower-risk, and perpetual-style contracts to broaden regulated crypto access for its clients.
Treasury Secretary Scott Bessent recently pressed lawmakers to act on stalled crypto legislation, saying the United States must secure clear market structure rules before the end of the spring legislative window.
Convicted FTX fraudster Sam Bankman-Fried reportedly filed for a new trial today.
Wall Street’s first public bitcoin-backed bond, issued by Ledn and rated by S&P, is facing stress after a 27% bitcoin drop forced liquidations.
Goldman Sachs revealed it holds $1.1 billion in Bitcoin ETFs, marking somewhat of a shift toward cryptocurrency exposure.