Morgan Stanley to debut MSBT Bitcoin ETF on NYSE Arca

Morgan Stanley is set to launch its Bitcoin exchange-traded fund on the NYSE Arca stock exchange this Wednesday. Summary Morgan Stanley is set to launch its Bitcoin ETF on NYSE Arca under the ticker MSBT, becoming the first major U.S. bank to enter the spot Bitcoin ETF market. The product enters a competitive space dominated by IBIT and FBTC, which have drawn over $74.3 billion in inflows, while Morgan Stanley sets a lower fee of 0.14%. A listing notice issued by the New York Stock Exchange on Tuesday confirms that…

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Lithuania Proposes Mandatory Gambling Player Card System by 2029 in Most Comprehensive European Legislation Yet – iGaming Bitcoin News

Key Takeaways: Lithuania’s Finance Ministry proposes mandatory player cards covering all operators by Jan. 1, 2029. Industry group warns a third of the market is illegal; card restrictions may push players offshore. No EU member state currently operates comparable cross-operator tracking with a cashless mandate. Lithuania Eyes Cross-Operator Tracking and Cashless Gambling The Lithuanian Ministry of Finance has submitted a draft amendment to the nation’s gambling laws to the government, with the proposed changes set for a parliamentary vote upon cabinet approval. These would require every player to hold a…

Ethereum Stablecoin Value Hits All-Time High of $180 Billion

The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal. Ethereum holds 60% of the stablecoin supply at $180 billion, which is up 150% over the past three years, the firm reported Tuesday. The company projected that around $1.7 trillion is expected to come onchain across all networks over the next four years and that Ethereum could see $850 billion in “new flows” by 2030, if it grows 470% in that time.  Standard Chartered predicted in…

Polymarket Traders Accused of Insider Trading on US-Iran Bet

Three newly created wallets profited a combined $484,575 on Polymarket betting that the US and Iran would agree to a ceasefire by Tuesday, in the latest event to raise suspicion of insider trading. The wallets were created and funded on Tuesday and had no prior onchain activity before betting on Polymarket’s “US x Iran ceasefire by April 7” market, blockchain data shared by Lookonchain revealed on Wednesday.  Polymarket data shows the profits secured by the three wallets were $200,525, $158,600 and $125,450 at the time of writing.  The “yes” bets…

Cardano Whale Count Climbs To 4-Month High Amid Steady Accumulation

On-chain data shows the Cardano network has witnessed a surge in large wallets over the last couple of months, a sign that big-money hands have flowed in. Cardano Wallets With More Than 10 Million Tokens Have Grown In Count As highlighted by on-chain analytics firm Santiment in an X post, Cardano whales have hit a 4-month high count. The indicator of interest here is the “Supply Distribution,” which measures the total number of addresses that belong to a particular coin group. Investors are divided into these cohorts based on the…

Trump secures two week ceasefire with Iran, Bitcoin reclaims $70lk

President Donald Trump said the United States and Iran were “very far along” toward a “definitive” peace agreement, confirming that Washington had agreed to a two-week ceasefire to keep negotiations on track. Summary The US and Iran agreed to a two-week ceasefire to allow negotiations toward a peace deal to proceed. Oil prices fell below $100, and US stock futures climbed as markets reacted to easing tensions. “Based on conversations with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, of Pakistan, and wherein they requested that I hold off…

Why Long-Term Profitability Remains Elusive for 99% of Polymarket Users – Crypto News Bitcoin News

Key Takeaways: A new study found that 84.1% of all 2.5 million Polymarket users are currently losing money. Only 0.033% of Polymarket traders hit $100,000, signaling that high-profile wins are extreme outliers. Less than 1% will earn a $5,000 monthly wage, cementing Polymarket as a short-term gamble, not a career. A Narrowing Winner’s Circle While prediction markets are surging in popularity—fueled by headlines of “insiders” reaping astronomical gains—the reality for the average participant is far less lucrative. A recent analysis by independent on-chain researcher Andrey Sergeenkov, which examined 2.5 million…

Solana (SOL) Eyes $88 Break, Will Bulls Finally Push Higher?

Solana started a fresh increase above the $82 zone. SOL price is now consolidating near $85 and might aim for more gains above the $88 zone. SOL price started a fresh upward move above the $82 and $85 levels against the US Dollar. The price is now trading above $82 and the 100-hourly simple moving average. There was a break above a bullish flag pattern with resistance at $80.00 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the…