1h ago
Morgan Stanley seeks OCC trust bank charter to custody crypto after Feb. 18 filing
According to a public OCC filing, Morgan Stanley submitted a de novo national trust bank application on Feb. 18 under "Morgan Stanley Digital Trust, National Association." Reports on Friday said the unit would safeguard selected digital assets and handle trades, transfers, and staking, aligning with the bank's January ETF registrations and its appointment of Amy Oldenburg to lead a new crypto unit.
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1h ago
1h ago
Ari Paul Dismisses Claims Jane Street Suppressed Bitcoin Price As BTC Trades At $66,090
Ari Paul, founder of BlockTower and former Wall Street market maker, has pushed back on claims that Jane Street has been holding down Bitcoin’s price, arguing that recent weakness is better explained by spot selling. He acknowledges that market makers can influence intraday moves and add small costs to BTC ETF investors, but says they rarely keep an asset below fair value for long. Paul and on-chain analyst James Check instead point to large Bitcoin holders selling tens of thousands of coins, while BTC currently trades around $66,090.
BTC
BTC-1.91%
1h ago
2h ago
Bitcoin’s February MVRV Z-score plunge highlights undervaluation amid weak on-chain structure
In the first week of February, Bitcoin’s MVRV Z-score dropped to -3.38, far below the roughly -1.6 and -1.4 readings seen at the December 2018 and November 2022 cycle lows. Around 24-25 February, BTC swung between $62.5k and $70k before retracing to about $66k, while on-chain indicators such as NUPL and long-term holder MVRV suggested that a full capitulation phase and durable reaccumulation could still be some distance away.
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BTC
BTC-1.91%
2h ago
2h ago
Morgan Stanley Seeks National Trust Bank Charter to Offer Regulated Crypto Custody in 2026
On February 18, 2026, Morgan Stanley filed for a national trust bank charter in the United States to provide federally supervised custody, safekeeping, and transfer services for digital assets. If approved, the structure would let the firm segregate client crypto holdings under OCC oversight and expand its wealth management offering into regulated token storage and related infrastructure.
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2h ago
3h ago
Mark Karpelès proposes Bitcoin hard fork to reclaim $5.2B in stolen Mt. Gox BTC
Former Mt. Gox CEO Mark Karpelès has outlined a draft plan for a Bitcoin hard fork to recover nearly 80,000 BTC tied to the exchange’s 2011 hack, currently valued at over $5.2 billion. The proposal would redirect coins from a long-dormant theft address to a recovery wallet for court-supervised creditor repayments, reigniting debate over whether such changes undermine Bitcoin’s immutability.
BTC
BTC-1.91%
3h ago