Hong Kong-based Flow Capital Partners plans to bring its $150 million private credit fund onchain. The firm will use DigiFT to offer tokenized shares. The move is expected by the end of April. It marks a step toward wider blockchain-based fund access in Asia.

Flow Capital Prepares Onchain Fund Launch with DigiFT

Flow Capital will make its private credit fund available through DigiFT Tech Pte. The platform focuses on real-world asset tokenization. The fund was first launched in June 2025. Now, the firm is expanding its distribution using blockchain.

The company plans to raise an additional $30 million through tokenized shares. This fundraising effort will run through the end of 2026. The firm also aims to grow the fund to $250 million in total size. This would expand its reach among global investors.

Jacky Tian, the firm’s chief investment officer, shared the growth target in a Bloomberg report. The company sees tokenization as a way to attract new capital. It also expects easier access for a broader investor base.

At the same time, DigiFT provides regulated infrastructure in Singapore. This allows compliant issuance of tokenized financial products. As a result, Flow Capital can offer shares in a digital format while meeting regulatory needs.

Rising Interest in Tokenized Real World Assets

The move comes as more firms adopt tokenization for traditional assets. Large financial institutions have already launched similar products. BlackRock introduced its tokenized Treasury fund, known as BUIDL. It operates on public blockchain networks.

JPMorgan also entered the space with its tokenized fund called MONY. The bank seeded the product with $100 million. Later, it opened access to outside investors. These efforts show growing activity in blockchain-based finance.

Data shows rapid growth in the real-world asset market. Total market value reached $58 billion as of April 14. This is up from $21.5 billion one year earlier. The increase reflects rising demand for tokenized exposure.

Ethereum remains a key network for such assets. Its RWA market cap reached $19.3 billion. This represents more than 200 percent growth year over year. The trend supports further adoption by asset managers.

Analysts Point to Risks in Liquidity Structure

Despite growth, some analysts have raised concerns. They note that tokenization does not change core fund risks. Liquidity remains a key issue in private credit markets. These funds often hold long-term assets.

Nic Puckrin, commented on the trend. He said, “bringing private credit funds onchain solves the distribution problem.” He added that it opens access to more investors. However, risks still remain.

He also warned about liquidity mismatch concerns. He stated, “the availability of instant settlement can create the illusion of liquidity.” This may lead investors to expect faster redemptions. Yet, underlying assets may not support that speed.

As tokenized funds grow, such risks may draw more attention. Investors may need to assess both access and liquidity limits. The shift to blockchain improves distribution, but structural challenges remain.

The price of bitcoin BTC$77,343.47 has again pushed above $76,000 alongside about a 10% plunge in the price of crude oil on an apparent reopening of the Strait of Hormuz.

“The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed Abbas Araghchi in an X posting.

President Trump quickly responded on Truth Social, thanking Iran for the full reopening.

The news sent the price of WTI crude oil down nearly 10% to $85.90 per barrel, about its lowest price since shortly after the outbreak of the war in early March.

Alongside bitcoin has risen to $76,400, up 3 over the past 24 hours. U.S. stock index futures are higher by about 1% across the board.

Why the $76,000 area is important

Bitcoin was trading around the $76,000-$78,000 level in the days before the Feb. 5 crash that sent its price tumbling all the way back to $60,000. In recent days, BTC has risen above $76,000 on numerous occasions, only to be met with a wave of quick selling.

Technicians believe that a sustained break to around $77,000 could set the stage for a return to significantly higher levels.

More green shoots over Iran

Separately, Axios reported that the U.S. and Iran are negotiating over a three-page plan to end hostilities. Among the discussion points: the U.S. releasing $20 billion in frozen Iranian funds in return for that country giving up its stockpile of enriched uranium.

BTC has broken $77K with 3.45% daily gains, but Coinglass shows $2.221B of longs below $73,610 and $913M of shorts above $81,264, turning the range into a leverage trap.

A recent crypto.news story on Bitcoin’s liquidation map highlighted an earlier setup around $65,000 and $68,000, where about $1.143 billion of longs and $754 million of shorts were clustered in a narrow range. At that time, Coinglass called those levels “sensitivity zones” that could turn a modest move into an outsized liquidation cascade, a pattern now re‑appearing at higher prices.

Similar leverage dynamics have been visible on Ethereum, where Coinglass data recently flagged near‑$2,000 “trapdoor” levels for longs and a $2,451 liquidation wall threatening $1.47 billion of shorts. Another crypto.news analysis of ETH liquidation walls between $2,057 and $1,863 described how densely packed futures positions can amplify even routine pullbacks.

With BTC now above $77,000, the focus for traders is whether spot demand can keep climbing without triggering the $73,610 downside “trapdoor” or a violent short squeeze beyond $81,264. Those running aggressive leverage into either band are effectively betting that they can front‑run the next liquidation wave rather than be on the wrong side of it.

Bitcoin moved to ten-week highs near $77,000 on Bitstamp as the market readied for the weekly close and weighed the potential for a broader rally back toward the upper end of the $80,000s. The price action came amid a broader risk-on environment, with equities and macro indicators pointing to a calmer backdrop after weeks of volatility driven by geopolitical and supply concerns.

Data from TradingView confirmed BTC briefly topping $77,027, its highest level in roughly two and a half months. The move coincided with a surge in stock benchmarks, as the S&P 500 reached a level of about 7,050 points on Thursday—the first time the index has traded at that mark and sealing its highest-ever close, marking a second all-time high for the week. In crypto markets, the mood shifted toward relief as geopolitical tensions appeared to ease, supporting appetite for risk assets overall.

Meanwhile, traders watched how on-chain liquidity and market structure might shape the next leg. Prominent voices in the space highlighted the role of growing interest from institutional players and the potential for spot BTC ETFs to attract new inflows as macro volatility declines.

“As long as the VIX continues to fall, and we’re in a new equilibrium where oil volatility and gold volatility drop, we should see renewed interest from allocators toward Bitcoin,” wrote Michaël van de Poppe, a well-known trader, on X. He added that a shift in sentiment toward BTC ETFs could bring broader inflows into the space. In the same thread, he projected a path toward the mid-to-high $80,000s if momentum persists.

“What will you start to see? More inflows in the BTC ETF as allocators can allocate more towards Bitcoin.”

Late-week data from Farside Investors underscored that sentiment in the U.S. spot BTC market, noting that weekly inflows into US spot Bitcoin ETFs reached a net $330 million for the week-to-date. The prospect of sustained ETF demand, together with improving risk appetite, fed expectations that Bitcoin could accelerate its ascent in the coming weeks, potentially lifting other digital assets in tandem with BTC.

Van de Poppe reiterated a bullish short- to medium-term thesis, suggesting that if ETF demand and macro conditions hold, Bitcoin could advance toward the $85,000–$88,000 area within the next two to four weeks. He linked the potential rally to a reduction in macro-volatility alongside a cooling in broader market fear gauges, and to new ETF inflows that could unlock fresh capital allocation into the space.

On the chart, the analyst offered a technical view that aligns with a broader bullish scenario: the price could extend its gains so long as the market maintains constructive support above key levels. A separate trader, Rekt Capital, pointed to $72,800 as a pivotal daily close level for BTC/USD to sustain a weekly breakout above resistance around $72,810. He warned that failing to hold that level on dips could trap price in a deeper pullback toward the established weekly range.

“If Bitcoin wants to Weekly Close above the Weekly resistance ($72,810), then price would need to hold the blue level as support on any upcoming dip,” he explained. “The last time Bitcoin rejected from the black resistance in mid-March, price also lost the blue level as support. Which is why a Daily Close below the blue level after any upcoming dip could see price drop back into the blue-blue Weekly Range.”

In parallel, another perspective cautioned that volume dynamics could foreshadow a correction rather than a continuation of the rally. Trader Roman argued that declining trading volume into the highs signals fading momentum, while a high-volume move could push prices lower in a macro-downtrend environment. “We’re in a macro downtrend which when we see high volume continues downward. Low volume implies consolidation/correction to continue the overall trend,” Roman wrote, adding that the next high-volume move is likely to take BTC lower.

The near-term path for Bitcoin sits at a crossroads. On one hand, stronger ETF demand and easing macro volatility could deliver a fresh impulse for BTC and, by extension, for the broader crypto market. On the other hand, thin liquidity during rallies and the risk of a volume-led pullback remind traders to stay mindful of the potential for a test of key supports should momentum fade.

To put the current price action in context, observers have pointed to a broader spectrum of possible macro outcomes. Some analysts argue the market could see a deeper drawdown toward sub-$50,000 levels if macro risk resurges or if volume dries up and fails to sustain a breakout. That framing underscores the importance of watching not just price but also liquidity and institutional flow as Bitcoin navigates this phase of renewed attention from traders and investors alike.

In sum, Bitcoin’s attempt to extend gains beyond $77,000 comes at a moment when ETF inflows, macro calm, and selective risk appetite are aligning to push the narrative higher. While the path to $85,000–$88,000 remains contingent on ongoing demand and favorable technicals, the evolving dynamics around ETF participation and volume will likely shape the next few weeks as investors weigh what comes next for BTC and the wider crypto market.

This article is based on market data and commentary available as of the time of writing. Readers should note that crypto markets remain volatile, and outcomes depend on a range of evolving factors including policy, liquidity, and global risk sentiment.

Bitcoin BTC$78,095.39 has decisively broken above $77,000 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000.

The breakout also carries positive implications for Strategy (MSTR), the largest publicly traded holder of bitcoin. The company is now back in profit on its bitcoin holdings, with an average purchase price of $75,577.

Ahead 8% today, MSTR is also trading above its 200-week moving average, a long-term trend indicator that smooths price data over roughly 4 years.

BTC has rallied more than 25% and now trades above its 100-day moving average (100DMA) of $74,774 since bottoming in early February. The previous two tests of this level resulted in rejections and further downside, adding weight to the current move higher.

Bitcoin briefly traded as high as $76,700 on Feb. 4 before continuing lower. A later recovery attempt on March 17 also stalled at $76,013, making the current breakout above $76,300 more notable.

Dollar index DXY erases its Iran war gains as Hormuz blockade scales down, safe‑haven flows unwind, and traders pivot from conflict hedges to ceasefire politics.

The U.S. dollar gave back all of its war‑related gains on Friday after Iran declared the Strait of Hormuz “completely open” to commercial shipping, sending the dollar index (DXY) down 0.5% intraday to its lowest level since February 27. According to data from Gate, the move marks a full reversal of the safe‑haven bid that drove the greenback higher when the U.S.–Iran conflict first erupted.

As tankers resumed passage through one of the world’s most critical oil chokepoints, positioning in currency markets flipped from defence to détente, with traders now pricing a durable ceasefire and negotiations toward a broader agreement. Jayati Bharadwaj, head of foreign exchange strategy at TD Securities, summed up the shift bluntly: “Safe-haven buying has begun to fade. That is the reason for the dollar’s decline.”

The dollar index had previously climbed as investors sought protection from the risk of supply disruption in the Strait of Hormuz, which handles roughly a fifth of global seaborne crude flows, pushing oil well above $100 per barrel at the height of the crisis. With the channel now reopened and headlines dominated by ceasefire mechanics rather than escalation, that conflict premium is rapidly being unwound across foreign‑exchange markets.

Bharadwaj and her team at TD Securities have argued in recent research that while the dollar can still behave like a haven in acute shocks, its longer‑term appeal is weakening as U.S. growth “exceptionalism” fades and capital rotates into Europe and Asia.

That narrative appears to be reasserting itself as the Iran risk recedes, with DXY slipping back toward levels last seen before the first missiles flew and implied volatility in major currency pairs edging lower.

Traders are now more focused on the durability of the ceasefire and the contours of any eventual U.S.–Iran settlement than on shipping disruptions in the Gulf, shifting attention from immediate hedging to medium‑term rate expectations and growth differentials. If talks hold and energy prices stabilize, strategists at several major banks have warned that the dollar could continue to grind lower as investors rebuild positions in risk assets that were cut during the height of the crisis.

For crypto markets that trade against the dollar leg, a softer greenback has historically coincided with stronger risk appetite, reinforcing the role of dollar liquidity and macro politics in driving digital‑asset cycles. As the Strait of Hormuz shifts from flashpoint back to shipping corridor, the dollar’s retreat underlines how quickly safe‑haven trades can reverse once the worst‑case scenario is taken off the table.

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