Crypto Influencer ‘T.J. Stone’ Pleads Guilty To $1M Wire Fraud Scheme | Bitcoinist.com

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Bitcoin, bitcoin price, btc, Crypto, Crypto Fraud, Crypto Frauds, Crypto News, Crypto regulation, Crypto Regulations, Crypto Scheme, cryptocurrencies, Cryptocurrency, DeFi, digital currency, US crypto regulation

In a Brooklyn federal court on Thursday, crypto personality Thomas John Sfraga, also known as “TJ Stone”, pleaded guilty to wire fraud charges for defrauding over a dozen victims out of more than $1.3 million. Fictitious Scheme Exposed According to the US Department of Justice, from 2019 to 2022, Sfraga “falsely” presented himself as the […]

Bitcoin Mining Crisis: The Bullish Signal You Can’t Ignore

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Bitcoin, Bitcoin Electrical Cost, Bitcoin Miner Price, Bitcoin Miners, Bitcoin Mining, Bitcoin News, Bitcoin Pattern, bitcoin price, btc, btcusd

On-chain data suggests the Bitcoin “Miner Price” metric has fallen under the BTC Electrical Cost. Here’s what happened next the last few times. Bitcoin Miner Price Has Declined Below Electrical Cost For Fifth Time Ever In a new post on X, Capriole Investments founder Charles Edwards has pointed out a development that has recently occurred […]

Morgan Stanley’s Bitcoin ETF Position Exposed: Filing Discloses $270 Million In Holdings | Bitcoinist.com

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ARK Invest, Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, digital currency, Grayscale, Grayscale Bitcoin ETF, Morgan Stanley, Morgan Stanley news

In a recent filing with the US Securities and Exchange Commission (SEC), Morgan Stanley, the American multinational investment bank and financial services company, disclosed its substantial investments in the newly approved Bitcoin ETF market. The bank’s filing revealed holdings in two prominent Bitcoin exchange-traded funds: Grayscale Bitcoin Trust (GBTC) and Ark Invest’s ETF. Morgan Stanley’s […]

Bitcoin ETF Deadline Ends With A Bang: Institutions Buy Big

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Bitcoin, bitcoin ETFs, Bitcoin News, bitcoin price, btc, btc price, Spot Bitcoin ETF news, US Bitcoin ETFs

The curtain fell on the first-quarter 13F filings with the US Securities and Exchange Commission (SEC) on Wednesday, and the reports revealed a seismic shift in institutional investment patterns toward spot Bitcoin exchange-traded funds (ETFs), with Millennium Management emerging as a frontrunner in this new asset class. Millennium Becomes The King Of Bitcoin ETFs Millennium […]

El Salvador’s Bitcoin Treasury Surpasses $350 Million With 5,750 BTC Acquisition | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, El Salvador, El Salvador Bitcoin, El Salvador bitcoin bet, El Salvador news

El Salvador has once again made headlines as it announced its ownership of 5,750 Bitcoin (BTC), which is valued at approximately $353 million based on current market prices, according to Bloomberg.  This revelation comes after the National Bitcoin Office launched a tracking website, developed in collaboration with mempool.space, to provide transparency regarding the treasury’s BTC […]

Bitcoin Mining Giant Bitfarms Axes CEO Amidst $27 Million Lawsuit | Bitcoinist.com

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Bitcoin, Bitcoin Mining, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency

Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.  According to Bloomberg, the lawsuit alleges breach of contract and “wrongful termination” and seeks compensatory and punitive damages. Bitfarm believes the claims are without merit […]

Bitcoin ETFs Soar As 3rd Largest US Bank Reveals Ownership In New Filing | Bitcoinist.com

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Bank of New York Mellon (BNY Mellon), Bitcoin, bitcoin ETF, bitcoin ETFs, Bitcoin News, bitcoin price, BNY Mellon, btc, btc price, btcusd, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Spot Bitcoin ETFs, US Bitcoin ETFs, Wells Fargo

In a notable development highlighting the increasing interest of traditional financial institutions in Bitcoin (BTC), Wells Fargo, the third-largest bank in the United States, has revealed its exposure to spot Bitcoin ETFs.  The US Securities and Exchange Commission (SEC) approved the regulated index funds in January, allowing institutions like Wells Fargo to invest in the largest […]

High Networth Bitcoin Whales Accumulating: Will This Buying Spree Push BTC Above $74,000?

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Bitcoin, Bitcoin News, bitcoin price, bitcoin whales, btc, btc price, BTCUSDT, Spot Bitcoin ETFs

While Bitcoin continues to trade within the $60,000 to $70,000 range, a new wave of optimism is emerging from on-chain analysis. Willy Woo, an on-chain analyst, took to X on May 7 to point out an exciting development: high-net-worth BTC holders have been rapidly accumulating the coin.  High Net-worth Whales Accumulating In a chart, the analyst […]

Grayscale Bitcoin Trust Sees First Inflows In 3 Months, Hong Kong ETF Market Gains Traction | Bitcoinist.com

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Bitcoin, bitcoin ETF, Bitcoin News, bitcoin price, BlackRock, BlackRock Bitcoin ETF, BlackRock news, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, Grayscale, Grayscale Bitcoin, Grayscale Bitcoin ETF, Grayscale GBTC, Grayscale news

Grayscale Bitcoin Trust (GBTC), the world’s largest cryptocurrency investment vehicle, has experienced a notable influx of investor funds for the first time since the January approval of US spot Bitcoin exchange-traded funds (ETFs).  Grayscale Bitcoin Trust Bounces Back With Inflows Data compiled by Bloomberg reveals that on May 3, Grayscale’s Bitcoin Trust received approximately $63 […]

Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time | Bitcoinist.com

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Bitcoin, Bitcoin News, bitcoin price, btc, BTC news Bitcoin ETF, btc price, btcusd, BTCUSDT, ETF, ETF news, Grayscale, Grayscale news, spot Bitcoin ETF

In a rather shocking development, Grayscale Bitcoin Trust (GBTC) has recorded its first-ever inflow after witnessing significant daily outflows since its launch.  Grayscale Bitcoin ETF Records Over $60 Million In Inflows Grayscale’s Spot Bitcoin ETF has finally broken its 82-day streak of outflows since its launch on January 11, 2024. GBTC saw its first day […]

Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows

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Bitcoin, Bitcoin News, bitcoin price, btc, BTCUSDT, inflation, M2 Money Supply, Spot Bitcoin ETFs

Bitcoin price action might be dicey, undergoing a major corrective phase. However, even as $60,000 looks slippery for upbeat bulls, some analysts are optimistic that the coin is ready for a strong leg up.  Going by past price action, analysts maintain that the coin will surge above $73,800 and register fresh all-time highs closer to […]

Fidelity: US Pension Funds Explore Crypto And Bitcoin, Eyeing $10 Trillion AUM | Bitcoinist.com

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Bitcoin, bitcoin ETF, bitcoin ETFs, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, crypto adoption, Crypto adoption news, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Fidelity, Fidelity news, Fidelity Survey, Spot Bitcoin ETFs

According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin.  The survey covered various institutional investor segments, including financial advisors, family offices, hedge funds, endowments, foundations, and pension funds.  Institutional Investors Dominate Crypto Adoption The survey findings indicate a significant […]