Morgan Stanleys Bitcoin ETF is set to debut after SEC effectiveness cleared 
the way for MSBT to begin trading on NYSE Arca.
The post Morgan Stanley Bitcoin ETF set to begin trading tomorrow under MSBT 
appeared first on Crypto Briefing.

Morgan Stanley Bitcoin ETF set to begin trading tomorrow under MSBT

On-chain data shows returns of the 1-year XRP buyers have plunged deep into 
the red, something that has signaled an opportunity in the past. XRP Has Seen 
Its 1-Year MVRV Ratio Plummet Recently In a new post on X, on-chain analytics 
firm Santiment has talked about the latest trend in the Market Value to 
Realized Value (MVRV) Ratio for XRP. The MVRV Ratio is a popular indicator 
that measures the ratio between the Market Cap and Realized Cap of a given 
asset. Related Reading: These 3 Signals Mark Bear Market Exits—Bitcoin Has Yet 
To Trigger Them In short, the Market Cap represents the value that investors 
are holding in the present, while the Realized Cap is a measure of the capital 
that they initially invested into the cryptocurrency. As such, the MVRV Ratio, 
which compares the two, contains information about the profit-loss balance of 
the network as a whole. In the context of the current topic, the MVRV Ratio of 
the entire market isn&#8217;t of interest, but rather that of two specific holder 
segments: 1-month and 1-year buyers. Below is the chart shared by Santiment 
that shows how the XRP MVRV Ratio has changed for these two groups over the 
last few years. As displayed in the graph, the XRP MVRV Ratio has recently 
been inside the negative zone for both the 30-day and 1-year investors. Thus, 
coins purchased over both the past month and past year have been underwater. 
This loss status among traders is naturally a result of the continued bearish 
price action that the asset has witnessed over the last few months. The 
situation has been especially bad for the 1-year buyers, who are in a loss of 
about 41% right now. This is the lowest level since December 2022, when the 
market was trading at lows after the FTX crash. Generally, the more are the 
investors in loss, the more likely is the market to reach a bottom as profit- 
sellers run out. Currently the 1-year MVRV level for XRP is so deep that it&#8217;s 
inside a region that the analytics firm defines as the &#8220;Opportunity Zone.&#8221; As 
Santiment explains: Because cryptocurrencies are zero sum trading games, 
significantly negative average returns (not just a price drop, but actual 
trader returns) imply that there is much lower risk than average in buying or 
adding on to your XRP positions, due to the fact that competing traders are 
already in severe &#8216;blood in the streets&#8217; territory. Related Reading: Bitcoin 
Sharks &amp; Whales Capitulate: Realized Loss Exceeds $200M Given this dominance 
of loss among the recent buyers, it now remains to be seen whether the market 
pain is enough for a bottom or if the cryptocurrency will see its bearish 
phase prolong further. XRP Price At the time of writing, XRP is trading around 
$1.32, down nearly 2% over the last 24 hours. Featured image from Dall-E, 
chart from TradingView.com

XRP 1-Year MVRV Falls To -41%, Lowest Since FTX Crash

A 19-year-old Canadian entrepreneur has raised $1,234,567 in pre-seed funding 
for Giggles, a meme-driven prediction market app that lets users bet on 
whether short videos will go viral. Key Takeaways: Justin Jin, 19, raised 
exactly $1,234,567 from crypto VC 1kx for meme prediction market app Giggles 
on April 7, 2026. Giggles has 450,000 waitlist sign-ups, […]

Report: Meme Prediction Market App Giggles Raises $1.2M as Crypto Social Apps Compete for Gen Z

Trump’s ‘whole civilization will die’ threat to Iran sends oil, Bitcoin and 
stocks on knife edge. President Donald Trump’s threat that “a whole 
civilization will die tonight” if Iran defies his ultimatum on the Strait of 
Hormuz has pushed global…

Trump plays roulette with Iran as oil and Bitcoin hold their breath

SOL Strategies&#8217; acquisition of Darklake signifies a strategic shift towards 
enhancing privacy tech and expanding institutional infrastructure in Solana.
The post SOL Strategies buys Solana privacy startup Darklake as it expands 
beyond treasury operations appeared first on Crypto Briefing.

Cryptocurrency price in MYR