Category: Bitcoin News

Will Bitcoin price rally higher as ascending triangle takes shape?

boss

Bitcoin price rose 6.7% on Wednesday to a 3-week high of $72,379 as the ongoing war between the U.S. and Iran showed signs of de-escalation. Summary Bitcoin rose 6.7% to a three-week high of $72,379 as a two-week US-Iran ceasefire eased geopolitical tensions and boosted risk appetite. Falling oil prices below $100 cooled inflation fears, driving gains across crypto, equities, and commodities. An ascending triangle pattern and strong momentum indicators point to further upside, with $74,500 as the next key resistance. According to data from crypto.news, Bitcoin (BTC) briefly surged…

Japan Has 12 Million Crypto Users and a Blueprint for Web3 Gaming – Bitcoin News

boss

Key Takeaways Japan’s FSA plans a 2026 framework taxing crypto gains at a flat 20%, giving Web3 gaming projects regulatory clarity that rivals lack. Square Enix, Sega, Bandai Namco, and Konami are all deploying blockchain initiatives on networks like Oasys, reshaping Japan’s $28B+ gaming market. Animoca Brands Japan raised dedicated funds to secure anime and manga licenses, signaling sustained institutional appetite for IP-native Web3 games. Web3 Gaming in Japan: Legacy IP Meets Blockchain in 2026 While many Western studios built economies dependent on token inflation and short-term user acquisition, Japan‘s…

Morgan Stanley to debut MSBT Bitcoin ETF on NYSE Arca

boss

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…

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

boss

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…

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

boss

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

boss

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…

Optimove Acquires Smartico in iGaming CRM Consolidation Play – iGaming Bitcoin News

boss

Key Takeaways: Optimove signed deal to acquire Smartico, its 4th acquisition since 2018; terms undisclosed Global online gambling market hit $95.3B in 2024, projected at $185.17B by 2033 Optimove has raised $95M total across two rounds; Smartico remained fully bootstrapped Bootstrapped Rivals Merge as iGaming CRM Market Matures The deal, announced April 6, brings together what Optimove describes as the two leading CRM marketing platforms in iGaming. The companies will continue to operate independently, and Smartico’s leadership will maintain full decision-making authority over their company’s direction and day-to-day operations. Optimove…

Crypto P2P Trading With FRW Carries Serious Financial Risks – Crypto News Bitcoin News

boss

Key Takeaways: The National Bank of Rwanda warned on April 5, 2026, that Bybit’s new FRW P2P feature violates the country’s crypto rules. NBR-licensed banks are prohibited from converting FRW to crypto, leaving users with zero legal recourse for losses. Rwanda’s Cabinet approved a draft VASP licensing framework on March 4, 2026, which could reshape crypto access rules. National Bank of Rwanda Issues Crypto Warning The National Bank of Rwanda, also known as the BNR, posted two statements (1, 2) on X addressing what it called “recent social media promotions”…

8 African Nations Advance Crypto Regulation as Adoption Accelerates Across Emerging Markets – Regulation Bitcoin News

boss

Key Takeaways: Ripple highlights 8 African nations advancing crypto regulation, led by South Africa licensing rules. Nigeria, Kenya, and Mauritius frameworks boost adoption, with stablecoins rising in trade flows. Ghana, Botswana, and Ethiopia signal next wave, targeting broader compliance rollout through 2026. Africa Crypto Regulations Expand Across Key Markets Evolving policy approaches worldwide are beginning to redefine how digital asset ecosystems develop in emerging markets. Ripple, a company focused on blockchain-based payment solutions, released findings on April 6 that examine how African nations are approaching crypto regulation at different stages…

Morph Report Shows Stablecoins Reshaping Global Payments Infrastructure – Crypto News Bitcoin News

boss

Key Takeaways: Morph says stablecoins hit $312B in 2025, signaling shift beyond trading into finance. Visa and Mastercard trail $33T stablecoin volume, reshaping payment competition. SWIFT may launch stablecoin layer by 2027 as adoption grows among Fortune 500 firms. Morph Analysis Shows Corporate Adoption Driving Stablecoin Expansion Across U.S. Markets The report, released by Morph and shared privately with Bitcoin.com News prior to release, presents stablecoins as a growing component of global payments infrastructure rather than a tool limited to crypto trading. Morph serves as a universal settlement layer built…