Bitcoin was nursing its fresh losses on Thursday, having been thoroughly trampled by the stampede of skyrocketing energy prices. Brent crude oil is now selling for a heart-stopping $114, while Oman crude decided it wanted to be fancy and pushed up to $150. Bravo, oil!
In the updated S-1 filing, a document as dry as a philosopher’s wit, the firm confirms the ticker MSBT on NYSE Arca. The trust, it seems, will acquire its initial Bitcoin by issuing 50,000 shares, a move expected to generate a cool $1 million. A modest sum, one might say, for a bank of such stature-but then, even giants must start somewhere, mustn’t they?
Mow, that paragon of crypto piety, hath once again casteth his scorn upon the second-largest cryptocurrency, a creature he deems unworthy of the title “money.” With the fervor of a prophet, he lauds Bitcoin, the elect, and with a finger of judgment, points to Ethereum, the fallen.
In a recent missive upon the digital X, the on-chain oracle Santiment hath cast light upon the divergent fates of Bitcoin’s adherents, as measured by the Market Value to Realized Value (MVRV) Ratio. This ratio, a ledger of sorts, compares the lofty Market Cap-what the world currently deems BTC to be worth-to the humble Realized Cap, the sum of what mortals paid for their tokens in the past.
Nasdaq, that ever-optimistic participant in the market’s theatrical performances, first presented its proposal in September 2025. After enduring a rigorous series of amendments-akin to a playwright refining a script-it has finally received the SEC’s seal of approval on this fine day of March 18, 2026. The decree, it seems, aligns quite harmoniously with our cherished federal securities laws and the lofty standards of investor protection.
Bitcoin briefly slumped below $71,000 on Wednesday, thanks to the U.S. Bureau of Labor Statistics (BLS) delivering a PPI report that made everyone question their life choices. Before 7:30 a.m. EST, BTC was chilling above $74,000, but a sudden wave of panic selling sent it plummeting to $70,882-because nothing says “safe haven” like a nosedive.
But hold your horses! These chubby whales have been stirring up quite the ruckus, and some folks are betting their bottom dollar that we might see some more greenbacks rolling in the near future.
The Federal Open Market Committee, or as I like to call them, the “Financial Overlords of Mildly Interesting Decisions,” voted to keep the federal funds rate between 3.50% and 3.75%. This, despite Trump’s increasingly desperate pleas for a rate cut, which have all the subtlety of a car alarm at 3 a.m. The Fed’s response? A collective eye-roll and a statement that basically said, “We’re watching the data, not the tweets.” Because apparently, economic policy isn’t a reality show.
This concentration represents nearly a quarter of all open XRP options on major exchanges, which means the $1.40 level is like the VIP section of a nightclub for traders watching the March 27 expiry. Only the cool kids get in.
It appears that the gods of on‑chain activity have, in a grand gesture worthy of a Russian winter thunderstorm, sent forth a fresh wave of hidden footprints. Recent ledger scrolls indicate that the mysterious wallets belonging to Jane Street have once more begun swallowing the digital hush‑hush, and with them, a renewed chant that their past misdeeds have not yet vanished like a good plot twist in an old serialized drama.
