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

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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 |

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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 Selling On Coinbase Fizzles: Short-Term Jump Soon?

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Data shows that Bitcoin selling pressure on the crypto exchange Coinbase is decreasing, which could be conducive to a short-term bounce. Bitcoin Coinbase Premium Gap Is Approaching Neutral Mark Again As analyst Maartunn explained in a post on X, the Coinbase Premium Gap has risen since plunging into negative territory yesterday. The “Coinbase Premium Gap” […]

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

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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, to provide transparency regarding the treasury’s BTC […]

Dutch Court Sentences Tornado Cash Developer To 64 Months For Money Laundering |

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The Oost-Brabant district court in the Netherlands has sentenced Alexey Pertsev, co-developer of Tornado Cash, to 64 months in prison for his involvement in creating and maintaining the crypto mixing tool. The court alleges that Tornado Cash enables “criminal activity and terrorism.”  Pertsev, along with two other individuals, developed Tornado Cash, a tool for concealing […]

Stablecoin Exchange Inflows See Major Drop: Bad For Bitcoin?

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On-chain data shows that stablecoin exchange inflows have seen a sharp drop recently. This could be bearish for the Bitcoin price. Ethereum-Based Stablecoins Have Seen Low Exchange Deposits Recently As CryptoQuant author Axel Adler Jr. pointed out in a post on X, the exchange inflows of Ethereum-based stablecoins have recently dropped below the 90-day average. […]

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

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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 “Danger Zone” In 2 Days: Crypto Expert Explains What This Means

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Crypto analyst Rekt Capital has dropped a peculiar analysis on when Bitcoin might resume its upward trajectory. According to a post on social media platform X by the popular analyst, Bitcoin could finally exit the “danger zone” in the next two days. This prediction has come amidst speculations on when and whether Bitcoin would continue […]

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

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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 […]

Bitcoin ETF Issuer WisdomTree Introduces Prime App In NY, Gains Approval For New Crypto Offerings |

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One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York.  Expanded Custody And Stablecoin Services This development closely follows WisdomTree’s recent achievement of a New York State Department of Financial Services (DFS) charter, granting the company the […]

Bitcoin & Ethereum Decouple From Trad Markets, What It Means

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Data shows that Bitcoin and Ethereum correlate little to traditional markets, implying that cryptocurrency is forging its destiny. Bitcoin & Ethereum Have Been The Master Of Their Fates Recently According to data from the market intelligence platform IntoTheBlock, the correlation between BTC and ETH with traditional markets and commodities has been close to zero recently. […]

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

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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 […]