A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for Bitcoin, which is trading at $78,000. The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing activity in the US, recorded … Read more
Bitcoin (BTC) price fell to a year-to-date low of $74,555 on Monday, marking a 40% drawdown from its all-time high. The move coincided with $1.3 billion in net outflows from the global Bitcoin exchange-traded products (ETPs) last week. This drawdown coincided with extreme bearish sentiment and low valuation metrics, but the silver lining could be … Read more
Physically targeting crypto users or their relatives, colloquially known as “wrench attacks,” significantly increased in the last year, according to blockchain security auditor CertiK. In a report on wrench attacks released on Sunday, CertiK said there had been 72 verified cases worldwide in 2025 in which crypto users had been subject to physical attacks. According … Read more
Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud. According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed onto a letter saying that the GENIUS Act will “provide legal cover” for stablecoin … Read more
US President Donald Trump has nominated Kevin Warsh as the new Federal Reserve chair, which introduced a mixed signal for cryptocurrency markets and dollar liquidity, threatening to extend the current consolidation. Trump nominated Bitcoin-friendly Warsh on Friday, and he is set to replace Jerome Powell when his term ends in May, assuming the Senate approves … Read more
Crypto investment products continued their sell-off last week as investor sentiment weakened, marking two consecutive weeks of outflows. Crypto exchange-traded products (ETPs) saw $1.7 billion in outflows during the week, the European crypto investment company CoinShares reported on Monday. The outflows were slightly below $1.73 billion in the week prior, totaling $3.43 billion in the … Read more
Japanese banking giant Nomura will reportedly reduce its exposure to crypto, citing the current tough market climate and a dip in profits from overseas in the third quarter. Nomura chief financial officer Hiroyuki Moriuchi said that the firm would look to reduce its risk exposure at its European digital asset subsidiary Laser Digital Holdings, after … Read more
The Zamoskvoretsky Court in Moscow has reportedly ordered that BitRiver CEO Igor Runets be held in house arrest amid tax evasion charges. The founder and CEO of Russian Bitcoin mining firm BitRiver, Igor Runets, has reportedly been detained and charged with multiple counts of tax evasion. According to reports from local media outlets such as … Read more
Strategy founder Michael Saylor has hinted his firm added to its Bitcoin holdings after the cryptocurrency slid more than 13% over the weekend, briefly pushing the company’s large BTC position into the red. “More Orange,” the Strategy executive chairman posted to X on Sunday alongside a chart showing his firm’s $55 billion worth of Bitcoin … Read more
New data is providing a clearer picture of how January’s US winter storm affected Bitcoin mining operations, showing that daily production among publicly traded miners dropped sharply during the disruption. The storm swept across large parts of the continental United States, prompting miners to curtail operations amid grid stress, snow, ice and extreme cold, and … Read more