BlackRock has increased its Bitcoin exposure with a net inflow of 17,642 BTC, valued at roughly $1.28 billion, since February 24, according to monitoring data from Lookonchain cited by BlockBeats on March 4. Over this same timeframe, the price of Bitcoin has climbed by nearly 12%.

Total crypto liquidations hit $113 million over the past hour, with $102 million wiped from short positions and $10.86 million from long positions, according to Coinglass data cited by Odaily Planet Daily. Within this move, BTC-related liquidations amounted to $76.74 million, while ETH-linked liquidations reached $34.57 million across the network.

Morgan Stanley updated its Form S-1 filing for the Morgan Stanley Bitcoin Trust on March 4, naming Coinbase Custody and BNY Mellon as key custodial partners. Coinbase will manage crypto custody and transfer Bitcoin holdings to offline cold storage, while BNY Mellon will serve as administrator, transfer agent, and cash custodian. The filing states custody insurance will be provided, though certain liabilities will be shared with customers, and the trust is structured to operate like a traditional ETF.

The Aave Chan Initiative (ACI) plans to end its engagement with the Aave DAO and wind down operations over the next four months, following a closely contested Temp Check vote on the "Aave Will Win" funding proposal that seeks to allocate up to $42.5 million in stablecoins and 75,000 AAVE tokens to Aave Labs. The measure passed with 52.58% support, 42% opposed and 5.42% abstentions, a result ACI said highlighted governance concerns including participation by Labs-linked addresses in voting on their own budget. ACI intends to submit an Aave Improvement Proposal to halt its GHO funding stream, return 120 days of payments to the Aave treasury and reduce its AAVE vesting stream via LlamaPay, while the governance process continues through subsequent ARFC, offchain and onchain AIP stages. AAVE traded around $109 after the announcement, down about 4% in 24 hours, while Aave remains one of the largest DeFi protocols with $26.51 billion in total value locked, DeFiLlama data show.

Senator Cynthia Lummis publicly congratulated cryptocurrency exchange Kraken for securing a Federal Reserve master account, calling it a monumental step. The milestone grants Kraken direct access to core U.S. central banking infrastructure.

Morgan Stanley has filed a first amendment for a proposed Bitcoin exchange-traded fund, according to the latest regulatory submission. The updated filing marks a procedural step in the bank's efforts to advance a Bitcoin ETF product through the registration process.

The U.S. Securities and Exchange Commission's Private Markets Roundtable is scheduled to begin today at 1 PM ET, with panelists focusing on governance, valuation and the responsible retailization of private markets. The session will explore how private investment opportunities, which have historically been limited to accredited investors, could be made accessible to broader retail participants, according to the event description.

BlackRock has increased its Bitcoin holdings since Feb 24, registering a net inflow of 17,642 BTC valued at $1.28B over this period. During the same timeframe, BTC's price has advanced by nearly 12%.

Bitcoin is trading against a thin supply band between $72,000 and $80,000, with Glassnode data cited by CoinDesk on March 4 indicating that only about 1% of circulating BTC last changed hands in this range. ChainThink reports that, because relatively few holders acquired coins at these levels, the market could see limited resistance if the price pushes through $72,000, allowing a move toward $80,000 to develop quickly. CoinDesk Research also highlights Glassnode's Unrealized Profit/Loss Distribution metric, which shows that during Bitcoin's recent consolidation between $60,000 and $70,000, more than 400,000 BTC were absorbed, suggesting notable support below current prices. Historically, Bitcoin has spent little time trading between $72,000 and $80,000, including during sharp moves around the November 2024 U.S. election and the swift decline from around $80,000 to approximately $60,000 by February 6.