Morgan Stanley Increases Bitcoin Holdings While dYdX Delists Trading Pairs Amid Market Shifts
Morgan Stanley added 286 BTC to reach 2,620 total holdings. Concurrently, dYdX delisted four pairs including AKT-USD. KB Financial Group partnered with Pantera Capital to expand digital asset strategies.
Per Woofun AI, institutional accumulation continues as Morgan Stanley increased its Bitcoin position by approximately 286 coins, bringing total holdings to 2,620 BTC. In exchange developments, the dYdX Foundation confirmed community approval for delisting four trading pairs, including AKT-USD and GNO-USD.
Meanwhile, Changpeng Zhao addressed security concerns regarding Binance addresses holding over 200,000 BTC, noting that addresses starting with “3” are likely multi-signature accounts.
Concurrently, South Korea’s KB Financial Group and Pantera Capital announced a partnership to expand digital asset strategies. On-chain analysis from 10x Research indicates BTC has stabilized above short- and medium-term moving averages with dominance exceeding 60%. The Ethereum Foundation reported that key goals for the Glamsterdam upgrade were largely achieved, including setting a 200 million Gas Limit lower bound.
Additionally, OPEC+ plans to increase production by 188,000 barrels per day starting in June.
Comments
No comments yet.