Category: Bitcoin news

BlackRock’s iShares Bitcoin Trust recorded $269.3 million in inflows on Thursday, marking its strongest single day performance in five weeks. The inflows helped reverse two consecutive days of net outflows across the 12 US spot Bitcoin ETFs, pushing total net inflows for the day to $358.1 million. The rebound signals renewed investor interest in Bitcoin exposure through regulated financial products.

Fidelity and Morgan Stanley Also See Positive Demand

Fidelity’s Wise Origin Bitcoin Fund attracted $53.3 million in inflows, ranking second among competitors. Morgan Stanley’s newly launched Bitcoin Trust (MSBT) added $14.9 million on just its second trading day, contributing to overall market momentum. Smaller inflows were also recorded by Bitwise and ARK 21Shares, while Franklin Templeton and VanEck products collectively added around $2 million.

Institutional Interest Strengthens ETF Market Position

BlackRock’s Bitcoin ETF alone has now accumulated roughly $1.5 billion in net inflows year-to-date, even as Bitcoin prices have experienced volatility, falling from a 2026 high near $97,000 to around $72,100. Analysts note that inflows suggest long-term accumulation strategies from institutional investors rather than short-term trading behavior.

Combined ETF flows are now close to turning positive year-to-date, sitting just $80 million below earlier 2025 inflow levels. Market data indicates that sustained institutional participation continues to play a key role in stabilizing demand for Bitcoin-linked investment products.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Bitcoin continues to trade in a tight range, repeatedly failing to break above $73,000 for the third time since the Iran ceasefire announcement. The level has acted as a strong resistance zone throughout the conflict, rejecting every upward attempt since late February. After the latest rejection, Bitcoin slipped back to around $71,843, despite posting its strongest weekly performance during the conflict period.

Market structure shows Bitcoin holding above its rising 50-day moving average, which has turned upward for the first time since tensions escalated. Even so, analysts say the asset remains trapped between $70,000 and $73,000, with no clear breakout confirmed.

Analysts Identify $75K–$80K Zone as Bullish Confirmation Range

Market analysts suggest Bitcoin must first break and hold above $75,000 to signal a renewed bullish phase. Sustained strength above $74,000 is needed before a move toward $80,000 becomes realistic.

Separately, Mike Novogratz said Bitcoin would need to consolidate above $74,000 and then break $80,000 to confirm a stronger uptrend, potentially triggering renewed market optimism.

Broader Crypto Market Also Range-Bound Amid Geopolitical Risk

Major altcoins remain mixed as Ethereum trades near $2,189, down slightly from recent highs and still inside a $2,000–$2,400 consolidation range. Other large tokens such as Solana, XRP, and Dogecoin posted modest weekly gains, while several altcoins including Algorand, Aptos, and Polkadot declined sharply, signaling rotation rather than new capital inflows.

Geopolitical uncertainty continues to weigh on sentiment as tensions around the fragile ceasefire persist and the Strait of Hormuz remains only partially reopened with operational constraints. Oil prices have rebounded above $98 after a sharp earlier drop.

Market Sentiment Improves but Key Level Holds

The Fear and Greed Index has moved out of extreme fear territory for the first time in weeks, indicating improving sentiment. However, traders say failure to break $73,000 repeatedly reinforces it as a strong technical ceiling.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

A new proposal by Avihu Levy, chief product officer at StarkWare, outlines a method designed to make Bitcoin transactions resistant to quantum computing threats without requiring a soft fork or protocol upgrade. The concept, called Quantum Safe Bitcoin (QSB), aims to protect funds even against powerful quantum machines capable of running Shor’s algorithm, which is widely considered a major risk to traditional cryptographic systems.

Instead of relying solely on elliptic curve signatures, the system introduces a hash-based puzzle that requires senders to find inputs producing outputs that resemble valid signatures. This brute-force process is designed to remain secure even if quantum computers become capable of breaking current encryption methods.

Costs, Limitations, and Industry Reactions

The method comes with significant trade-offs. Each QSB transaction may cost between $75 and $150 in GPU computing power, making it suitable mainly for large-value transfers rather than everyday payments. Eli Ben-Sasson, StarkWare’s CEO, described the concept as a major step toward immediate protection. However, Daniel Batten, a Bitcoin ESG specialist, argued that it does not address vulnerable early wallets, including an estimated 1.7 million BTC stored in older P2PK addresses.

Long-Term Quantum Security Debate Continues

Researchers acknowledged that protocol-level upgrades remain the preferred long-term solution, especially because the approach does not cover systems such as the Lightning Network. Meanwhile, Olaoluwa Osuntokun, chief technology officer at Lightning Labs, introduced a quantum “escape hatch” prototype allowing users to verify wallet ownership using seed phrases without exposing them. A recent quantum research paper from Google has also intensified urgency around preparing Bitcoin for future cryptographic threats.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Bitcoin climbed sharply above $72k, reversing earlier losses after renewed optimism surrounding a possible Middle East ceasefire. The rally followed reports that Israeli Prime Minister Benjamin Netanyahu signaled willingness to begin negotiations with Lebanon focused on disarming Hezbollah.

Market sentiment improved further after reports indicated that US leadership had urged restraint in military actions, supporting previously announced ceasefire efforts. As geopolitical tensions eased, bitcoin gained nearly 3% intraday, reaching approximately $72,300, marking a 2% increase over 24 hours.

Oil markets reacted simultaneously, with WTI crude retreating from an earlier peak near $103 per barrel to around $98.60, helping reduce inflation-related fears that had pressured risk assets earlier in the day.

Bitcoin Diverges From Software Stocks Performance

Bitcoin has also shown growing independence from traditional technology equities. Over the past month, the cryptocurrency advanced roughly 9%, while the iShares Expanded Tech-Software ETF (IGV) declined about 12%, highlighting diverging market trends.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Bitcoin remained near the $71,000 level on April 9 as cryptocurrency markets pulled back following renewed uncertainty around the recently announced ceasefire between Iran and the United States. The two-week truce, which initially fueled a strong rally across global markets, began showing signs of strain less than 48 hours after its announcement.

Bitcoin traded around $70,781, slipping about 0.6% over the past 24 hours but still holding a weekly gain of approximately 6.1%. The digital asset continues to move within a multi-month trading range between $65,000 and $73,000, with current price action testing the upper half of that zone.

Iranian officials reported that three clauses of the ceasefire agreement had been breached, although specific details were not disclosed. Meanwhile, continued military activity in Lebanon and limited tanker movement through the Strait of Hormuz have increased concerns about the durability of the agreement.

Altcoins Decline as Oil Prices Rebound Toward $97

Major cryptocurrencies moved lower alongside Bitcoin as broader market sentiment weakened. Ether declined 2.6% to about $2,180 after leading earlier gains, while Solana dropped 3.1% to roughly $81.96. XRP fell 3% to around $1.33, and Dogecoin lost 3.4% to approximately $0.091. BNB remained comparatively stable near $600 but still recorded a 2.2% decline.

Energy markets also reacted sharply to the geopolitical uncertainty. Brent crude oil rebounded roughly 2% to near $97 per barrel after experiencing a drop of more than 10% the previous day, reflecting renewed fears about supply disruptions linked to the Strait of Hormuz.

Global Markets Face Pressure From Rates and Geopolitical Uncertainty

Beyond geopolitical developments, global financial markets are facing additional pressure from tightening monetary conditions. The Federal Reserve continues to warn about persistent inflation risks, reinforcing expectations that interest rates may remain elevated for an extended period.

Despite the recent pullback, Bitcoin’s ability to hold above $70,000 following the earlier surge from around $67,000 to $72,700 is viewed by market observers as a constructive signal, indicating resilience even as geopolitical tensions remain unresolved.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

Recent blockchain data indicates that Bitcoin buyers have accumulated nearly 850,000 BTC in the $60,000 to $70,000 price range, signaling strong demand during recent dips below $70,000.

Supply Concentration Signals Market Floor

According to the Realized Price Distribution (URPD) metric, the total amount of BTC last moved in this range now stands at 1,845,766 BTC, up from 1,001,491 BTC on January 1, representing a gain of 844,275 BTC. This accounts for roughly 9.23% of Bitcoin’s circulating supply, suggesting that valuations below $70,000 may act as a strong support level, as sellers are likely reluctant to sell below their acquisition price.

Potential Price Movement Above $70K

The supply above $70,000 is comparatively thin, with only 400,000 BTC held between $70,000 and $80,000. This “air gap” may allow for rapid price movements or consolidation in that range. Following the temporary U.S.-Iran ceasefire, Bitcoin rebounded above $70,000, reflecting resilience relative to traditional risk assets, including oil and stocks. Analysts note that this dip buying activity demonstrates continued confidence among investors, anchoring a significant portion of supply and providing a potential floor for future price action.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.