NB369

On April 9, according to CoinDesk, Morgan Stanley's Bitcoin spot ETF had active trading on its first day, with over 1.6 million shares traded and approximately $34 million in capital inflows. The fee rate was only 0.14%, the lowest among similar products, focusing on price advantages to compete in the market. In addition to the low fee rate, supported by Morgan Stanley's extensive wealth management network, MSBT is expected to become more attractive as more investors access Bitcoin through financial advisors, although there is uncertainty about whether it can maintain early momentum in a marke

On April 5, the cryptocurrency market research institution Santiment said that Bitcoin’s recent bearish discussions on social media reached the highest level in five weeks. This Saturday, the ratio of bullish to bearish social commentary related to Bitcoin was 0.81, about 5 bearish comments for every 4 bullish ones—this was the lowest since February 28, reflecting a clear rise in fear, uncertainty, and doubt (FUD) sentiment in the community.
Santiment analysts noted that high levels of FUD often signal a potential market reversal, because the crypto market tends to move opposite to what the pu

On April 4th, Twitter co-founder Jack Dorsey's Bitcoin at Block will launch a free Bitcoin faucet. This move marks the return of Bitcoin faucets after 16 years. Jack Dorsey has announced the faucet site "btc.day" on the X platform.
It is reported that the total distribution pool is approximately 1 million USD worth of BTC (about 15 BTC), funded by Jack Dorsey's company Block's Bitcoin treasury. $BTC

On April 3, according to Cloverpool data, Bitcoin mining difficulty experienced an adjustment at block height 943,488 (Beijing time today at 17:28:40), with the difficulty increasing by 3.87% to 138.97 T; the current average network hash rate over the past seven days is 986.74 EH/s. $BTC

On April 1st, according to Lookonchain monitoring, the whale bc1quv transferred 5,500 Bitcoins (worth $366 million) to a new wallet after being dormant for 5 years.
These 5,500 Bitcoins were transferred out from Gemini 6 years ago, with an average transfer price of approximately $7,129. $BTC

On March 28, according to Arkham monitoring, yesterday, an OG who previously bought 5,000 Bitcoins at an average price of $332 in 2013 chose to take profits again. He transferred 500 Bitcoins to Binance.
His last sale was a week ago, when he transferred 1,000 Bitcoins to Binance. $BTC

On March 26, according to The Block, digital asset management firm CoinShares released a report indicating that Bitcoin miners are facing ongoing profitability pressures while accelerating their transition to AI. CoinShares Research Director James Butterfill pointed out that the weighted average cash cost for mining a Bitcoin by publicly listed mining companies in Q4 2025 has risen to approximately $79,995. The hash rate price has further declined from $36–$38 per PH/s/day to about $28–$30 in Q1 2026, meaning miners still face significant pressure. The report also noted that the three consecut

On March 24, according to HyperInsight monitoring, "Mahjong Big Brother" Huang Licheng's address just opened a long position on BTC with 40x leverage, currently holding 11 BTC at an average entry price of $71,131.1; he is also still long 5,350 ETH with 25x leverage, with an unrealized profit of $79,000. $BTC

Recently increased holdings of 22,337 bitcoins at approximately $70,200 per coin, investing about $1.57 billion. The company stated that as of March 15, it holds a total of 761,068 bitcoins, with a historical total purchase cost of approximately $5.761 billion, equivalent to an average purchase price of approximately $75,700 per coin$BTC

On March 18, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) jointly issued a new 68-page regulatory guidance on Tuesday, explicitly stating that most digital assets do not qualify as securities, aiming to provide a clearer regulatory framework for the market.
In terms of asset classification, the SEC identified four categories of crypto assets that are not securities: digital commodities, digital collectibles, digital utilities, and payment stablecoins as defined under the GENIUS Act. The only category of crypto assets still subject to sec

Three Bullish Logics Driving Bitcoin Higher
First, cooling geopolitical risks release risk appetite. The Strait of Hormuz crisis was the largest market suppression variable over the past three weeks. Higher oil prices mean rising inflation expectations, and rising inflation expectations are extremely unfavorable for liquidity-sensitive assets. As signals of the strait corridor reopening emerge, the market is beginning to reprice.
Second, Bitcoin is playing the role of a non-dollar safe haven asset. In this round of US-Iran conflict, Bitcoin did not fall in sync with the stock market; instead,

On March 16, according to official sources, Strategy spent approximately $1.57 billion last week to increase its holdings by 22,337 BTC, with an average price of approximately $70,194 per coin.
As of March 15, 2026, Strategy holds a total of 761,068 BTC, with a total investment of approximately $57.61 billion and an average price of approximately $75,696 per coin.
BlockBeats Note: This marks the second consecutive week of significant increases for Strategy. The company spent approximately $1.28 billion in the previous week (March 2-8) to increase its holdings by 17,994 BTC, with an average pri

On March 15, according to Coinglass data, Bitcoin's return for this week is currently reported at 8.55%, with a historical average return of -1.03%. Despite the ongoing escalation of the US-Iran conflict and widespread risk-averse sentiment in the market, Bitcoin is expected to record its largest weekly gain since September 2025. During the same period, the S&P 500 index declined by 1.60%, with BTC significantly outperforming US stocks.$BTC

BlackRock's head of digital assets stated frankly in a livestream that among the top 20 global ETF inflows, only BlackRock's Bitcoin ETF has negative returns, while all other ETFs are in a profitable state. Currently, BlackRock's Bitcoin ETF inflows have reached $26 billion, ranking fourth globally. The executive indicated that this phenomenon suggests Bitcoin is currently in a period of intense turnover and long-term accumulation. Additionally, 90% of investors in BlackRock's Bitcoin ETF are in a "buy the dip" mentality, with only 10% of hedge funds utilizing basis trading for short-term, hig

On March 14th, according to disclosures by The Bitcoin Historian, analysts at MicroStrategy indicated that the company might purchase over 30,000 BTC this week, increasing its total holdings to more than 750,000 BTC and aiming for 800,000 BTC.
Last week, MicroStrategy spent approximately $1.28 billion to acquire 17,994 BTC, at an average price of about $70,946 per BTC. As of now, MicroStrategy holds a total of 738,731 BTC, with a total cost of roughly $56.04 billion and an average cost of approximately $75,862 per BTC.
According to monitoring by PolyBeats, on the prediction market Polymarket,

With crude oil prices plummeting this morning and inflation expectations temporarily cooling down, Bitcoin experienced a significant rebound, returning to the $70,000 level.
This once again demonstrates Bitcoin's characteristic as a "liquidity thermometer." Once the "signal" of rising inflation driven by oil prices subsides, market fears of interest rate hikes ease, liquidity expectations recover, and Bitcoin quickly regains its footing.
This rise and fall also reflect the latest stance of the Trump administration on the war situation.
In his speeches last night and this morning, Trump’s attit