News

Odaily reports that according to a CryptoQuant analysis, Bitcoin's internal market demand is noticeably contracting during the first three months of 2026. Overall 30-day net demand stands at -63,000 BTC; even with accelerated institutional purchases (about 50,000 BTC via ETF and 44,000 BTC via Strategy), the market has still seen retail investors, old whales, and miners sell around 157,000 BTC. Large holders (1,000–10,000 BTC) have shifted from being the market’s biggest buyers to its largest sellers, distributing approximately 188,000 BTC over the past year. Medium holders (100–1,000 BTC) continue buying, but their rate of accumulation has dropped by more than 60% since October 2025. Bitcoin spot prices remain in the $67,000–$68,000 range, a roughly 21% premium over the weighted average cost of $54,286, indicating most holders are still in profit and the market has yet to bottom out. There is a disconnect between market sentiment and capital flows: the Fear & Greed Index remains in the "extreme fear" range (8–14), yet ETF net inflows in March exceeded $1 billion. The Premium Index on a certain exchange remains negative, reflecting still-limited participation from US institutions. Geopolitical volatility (Iran conflict) has led to repeated price swings, with market strategies becoming more cautious and overall demand slowly fading rather than triggering panic selling. Despite a roughly 47% drop from the October 2025 all-time high of $126,000—much less severe than the 85%+ crashes of 2013 and 2017—Zack Wainwright notes this demonstrates the Bitcoin market's gradual maturity with volatility compressing over time. Potential catalysts include: Morgan Stanley’s approval for a low-fee bitcoin ETF, providing access to $6.2 trillion managed by 16,000 financial advisors, as well as the ongoing Strategy STRC preferred stock product purchasing 44,000 BTC per month, both possibly supplying steady buying support to the market. Short-term technical indicators suggest that if the Iran conflict eases, Bitcoin may rebound to the $71,500–$81,200 range. Combining relevant indicators, CryptoQuant concludes that Bitcoin's internal market demand is shrinking and that current price support relies on institutional ETF, Strategy, and new channels consistently absorbing sell pressure from retail and large holders. (CoinDesk)

Cathie Wood stated that as the global monetary system shifts, Bitcoin will outperform gold. She expects the Bitcoin-to-gold ratio to change, with Bitcoin rising and gold declining. (Bitcoin Archive)

BlockBeats News, April 4th, according to Bloomberg, global financial services platform Marex Group Plc issued the world's first bond-like note linked to forecast market outcomes. Unlike traditional binary options contracts, the specific terms of this product are: if one year later Nvidia Corp. remains the world's largest company by market cap, investors will receive a 7% coupon; if not, the principal will be fully repaid (only losing potential interest, without bearing the full principal risk). The report stated that the issuance size of this note is approximately $10 million, sold to Swiss institutional clients, limited to areas outside the United States (due to regulatory reasons). Marex can dynamically hedge risks through prediction market platforms such as Kalshi. The report pointed out that this is the latest attempt by Wall Street institutions to "securitize" the power of prediction markets, providing a compliant, low-risk entry path for traditional large funds.