Morgan Stanley Bitcoin Spot ETF Set to List on April 8

As of April 8, Cryptoquant data shows the number of active Bitcoin addresses has hit its lowest point since 2016—and the lowest level in nearly eight years. Analyst Gaaah noted: A low-volatility, low-speculation market environment creates ideal conditions for “smart money” and institutional investors—they can quietly build large positions without triggering abnormal price swings. When network activity shrinks sharply, it signals most short-term investors (those who bought on hype and sold out of panic) have exited. Right now, the main remaining participants on the network are long-term holders who are accumulating. Historically, the low point for the active address metric often lines up with the most profitable long-term accumulation range. The network’s “silence” actually means available supply for selling is being absorbed by the market.

On April 7, CZ (Changpeng Zhao) took to social media to announce he’ll join blogger The Wolf Of All Streets (@scottmelker) for a conversation on April 8 at 8 p.m. Eastern Time (8 a.m. April 9 Beijing Time). The pair will discuss his new book and topics he’s never addressed publicly. The book’s first draft was written in prison using a broken laptop, taking more than four months to complete. The full editing process lasted even longer—nearly six months.

April 7 — A senior U.S. government official said Donald Trump is in "defiant mode." While remaining open to diplomacy, the focus is on applying maximum pressure on Iran. No decision has been made yet on what action will be taken if no agreement is reached tonight.

On April 7th, the state-operated Tehran Times reported on X that diplomatic and indirect negotiation channels with the United States remain open.

April 7 (Reuters) - Citadel Securities reported Wednesday that retail investors net sold U.S. stocks and options last week, breaking a rare multi-year trend of consistent buying. March net outflows fell 55% from February and 70% from January’s peak, the firm added. Options trading leaned toward defensive positions, with demand for downside protection rising. Historically, such retail selling has often foreshadowed a strong short-term rally in the S&P 500, which has averaged a 4.1% gain over two months in these scenarios. The shift follows March’s rising oil prices and market volatility spurred by the Iran conflict, which have left the S&P 500 down 5% year-to-date and Brent crude up 80%.

On April 7, WTI crude oil surged 4% intraday, with Bitget data showing it was last trading at $117.30/bbl.