Morgan Stanley Purchases 177.76 BTC Worth $13.75 Million
Gate News message, Morgan Stanley bought 177.76 BTC worth $13.75M three hours ago. The firm now holds 1,347.54 BTC worth $103.94M in total.
GateNews46m ago
NYSE Welcomes Morgan Stanley’s MSBT Launch as First Spot Bitcoin ETF Issued by a Major US Bank
Bank-backed bitcoin ETFs are accelerating institutional adoption and strengthening market credibility. The NYSE marked a new milestone as Morgan Stanley Investment Management rang the closing bell and celebrated the launch of MSBT, which the NYSE described as the first spot bitcoin ETF by a major
Coinpedia5h ago
BTC falls 0.49% in 15 minutes: fragile long leverage and active sell-off pressure resonate to weigh on the short term
From 18:00 to 18:15 (UTC) on 2026-04-17, the BTC price fluctuated and trended downward within the 77097.4 to 77573.2 USDT range. Over these 15 minutes, the return rate recorded -0.49%, and the amplitude reached 0.61%. During this period, market trading was active; short-term volatility was amplified, and trading attention increased significantly. The main driver behind this abnormal move is that the overall leverage structure is bearish and long positions are fragile. At present, the BTC perpetual contract funding rate has remained negative for 11 consecutive days, indicating that the bears have the upper hand in the market. In addition, futures open interest (OI) is about 628.3 billion USDT, which is at a historical high. During the anomaly window, trading volume increased noticeably. On-chain data shows large amounts of BTC flowing from long-term holder addresses to exchanges, suggesting that active sell orders may have triggered longs to passively reduce positions, amplifying downward price pressure. Moreover, institutional positioning enthusiasm in the mainstream contract market has cooled off; liquidity boundaries have tightened, causing large-trade activity to have an amplified effect on market volatility. In the options market, implied volatility rose to 39.81%, increasing demand for downside protection and reflecting a defensive posture among market participants. Macro-environment volatility and some capital flowing into safe-haven assets, together with the recent regulatory uncertainty-related historical events, reinforced the move, pushing overall market risk appetite lower. Current BTC leverage risks still remain. If, in the future, there are concentrated sell-offs, volatility may be further amplified. It is recommended to continue monitoring sustained high OI levels, the persistence of negative funding rates, and on-chain transfers of large amounts of funds, and to stay alert for whale behavior and any disruptions to market sentiment caused by macro-policy developments. For subsequent price action, please watch key support levels, institutional and whale on-chain moves, and relevant global market news, and guard against short-term risks.
GateNews6h ago
Bitcoin Liquidations Hit $815M as BTC Surges Above $78K Amid Iran Strait Opening
Over $815 million in leveraged cryptocurrency positions were liquidated recently, mainly due to short positions against Bitcoin. Markets improved as Iran reopened the Strait of Hormuz and Trump hinted at a deal with Iran, boosting Bitcoin prices significantly.
GateNews6h ago
Cardano Founder Hoskinson Warns BIP-361 Could Freeze 1.7M Bitcoin
Charles Hoskinson warned that Bitcoin's BIP-361 upgrade, meant to address quantum threats, is wrongly classified as a soft fork. It could freeze 1.7 million BTC, including 1 million from Satoshi Nakamoto, as early coin owners can't prove ownership.
GateNews7h ago