From October 2023 to August 2025, the first phase of the project saw 114,880 transactions made by 81,000 people – which averages to less than two transactions per person over almost two years. The system didn’t gain wider use because users found it too difficult compared to simply using their existing credit or debit cards.
Blanch, a sage of the commodities world, says the oil market could turn into a circus act, juggling prices higher than a camel’s back. “If we’re still here in May,” he says, “the price might leap to $160, and if things get worse, $200. It’s a gamble, but the dice are loaded with greed.”
Morgan Stanley Investment Management has filed an updated S-1 registration statement for the Morgan Stanley Bitcoin Trust, or MSBT, advancing the proposed spot bitcoin exchange-traded fund toward a potential listing on NYSE Arca. The amendment, submitted around March 17-18, confirms the ticker and adds operational clarity, though approval from the U.S. Securities and Exchange Commission (SEC) remains pending.
If approved, MSBT will be the first spot Bitcoin ETF from a major US bank, proving that Morgan Stanley is finally ready to stop being the wingman and become the star of the crypto party. Say goodbye to peddling BlackRock’s iShares Bitcoin Trust (IBIT) and hello to direct profits!
According to our friends over at Brave New Coin, ETH is hitching a ride around $2,130, but let me tell ya, it’s looking a bit wobbly-like a toddler on roller skates!
Despite the market’s recent slump, XRP-our hero of dubious utility-has managed to rise weekly, as if defying the very laws of gravity and common sense. Some whisper of a rally ahead, though whether it will be as grand as the company’s self-importance remains to be seen.
Sui, a blockchain so Layer-1 it makes your Great-Aunt Martha’s knitting look modern, has birthed Hashi: a new layer of infrastructure to cram Bitcoin into DeFi’s relentless machinery. Why? Because why let $1 trillion lie around doing nothing when you can turn it into a glorified IOU?
But really, is the market quite ready to embrace this flamboyant belief when chaos feels as real and close as your neighbor’s cat who has taken a liking to your garden gnomes?
The missing piece? Not creation, but consistency. Like a symphony orchestra where each section plays its own tune, tokenized assets have been trapped in silos, their compliance logic scattered like confetti at a failed IPO party. Investor eligibility? Offchain. Transfer restrictions? Buried in PDFs. Ownership records? Stored in the mind of a long-ago fired intern. It works… until it doesn’t. And when it doesn’t, the music stops, and the investors flee.
The proposal, which has found its way to Celo’s governance forum like a lost kitten, aims to replace quarterly U.S. dollar grants with three years of token awards. With approximately 600 million CELO currently doing the rounds, this new allocation represents about 27% of what’s out there. Quite a leap, wouldn’t you agree?