Historically, crypto markets have been driven by a dominant narrative. Not today. In one corner, miners are trying to break free of four-year cycles. IREN is being recast as an AI infrastructure company, with analysts pointing to data centers and compute demand as the real growth engine. In another corner, BitMine is doing the exact …
Category archives: Trending Crypto news
Bank Manager Allegedly Drains $154,410 From 12 Customer Accounts in Ohio
A bank manager is accused of stealing more than $150,000 from multiple customer accounts, forcing his employer to absorb the losses. Authorities say Zachary Reed, a 30-year-old ex-manager at the Brookfield branch of First National Bank, is facing 12 counts of theft and one count of forgery for allegedly stealing money from customer accounts, reports …
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Morgan Stanley CIO Mike Wilson Says One Factor Could Pose Massive Risk to Stocks – And It’s Not the Iran Conflict
Morgan Stanley’s chief investment officer (CIO) and chief US equity strategist, Mike Wilson, is warning of one factor that could have a bearish impact on stocks. In a new CNBC interview, Wilson says his biggest worry for the stock market currently is increased volatility in bond prices. “The bigger issue, the bigger risk, if there …
Why is Ethereum Foundation selling? BTC futures warning signs: Market Moves
ETH price up 10% in April, so why is Ethereum Foundation selling? Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 in April amid renewed market optimism. (Cointelegraph) Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. In early …
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Goldman Sachs Executive Says Oil Supply To Fall Massively This Year, Hikes Price Forecast – Here Are the Targets
An executive at Goldman Sachs warns that tensions in the Middle East will lead to a sharp drop in global oil supply, forcing the bank to lift its price forecast for the commodity. In a new Bloomberg interview, Daan Struyven, Goldman Sachs co-head of global commodities research, says the bank doesn’t see an abrupt end …
Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research
Digital asset company Bakkt completed its acquisition of stablecoin infrastructure firm Distributed Technologies Research (DTR) through an equity-based transaction as part of its bid to create a digital settlement layer. Bakkt CEO Akshay Naheta said on Thursday that the deal aims to combine Bakkt’s institutional infrastructure with DTR’s native artificial intelligence payments engine and stablecoin …
Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant
Bitcoin could be setting up for a multimonth price decline, after a rally in April driven mainly by futures traders while spot demand declined, according to the crypto analytics firm CryptoQuant. Bitcoin gained around 20% in April, rising from $66,000 to a peak of $79,000 in a rally “driven entirely by growth in perpetual futures …
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DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April. In an X post on Thursday, Carrot said the Drift exploit was “catastrophic” for the protocol and had left it financially …
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Bitcoiners launch ‘The Bitcoin Evidence Base’ to stamp out FUD
A group of Bitcoiners has launched a new open-source AI tool that generates evidence-based responses to misconceptions about Bitcoin’s environmental impact, energy use and its role in the financial system. Nordic-based Bitcoin education platform Bitcoin Beyond 66 said it built “The Bitcoin Evidence Base” at a time when there is a “growing body of peer-reviewed …
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US Senate bans itself from betting on prediction markets
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction markets. The resolution, passed by unanimous consent, changed the Senate’s rules and took immediate effect. “Engaging in any way in a prediction market or trying to place bets where we might …
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Repeated Bitcoin profit taking near $77K suggests rally is losing steam
Bitcoin’s (BTC) attempt to trade above $77,000 have failed multiple times over the past week, despite traders managing a one-day breakout to $79,500. Data show short-term holders taking profits as the rally peaked, sending 150,000 BTC to exchanges since April 15. Crypto analyst Darkfost noted the continued fragility among short-term holders (STHs), or wallets holding …
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Spot Bitcoin ETF outflows top $490M: Is BTC’s rally losing momentum?
Key takeaways: Spot Bitcoin ETFs saw $490 million in net outflows over three days, signaling a recent dip in institutional demand. Rising inflation is eroding real yields on fixed income, likely fueling long-term demand for scarce assets like BTC. Bitcoin (BTC) faced three consecutive days of outflows from US-listed spot exchange-traded funds (ETFs). The outflows …
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Dogecoin Surges 11%: Is This Parallel Channel Resistance Next?
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been …
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Bitcoin On Morgan Stanley’s Balance Sheet? The Answer Is Getting Interesting
Morgan Stanley’s Amy Oldenburg said a future move by major banks to put Bitcoin on their balance sheets is “not totally out of the question,” pointing to regulatory progress while warning that capital rules and global supervisory alignment still matter. Speaking during a Bitcoin 2026 conference panel, Oldenburg was asked what it would take for …
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Bitcoin ETFs Lose Nearly Half A Billion Dollars As Fear Returns To Crypto
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits …
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