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But the real question is: Is Bitcoin going to break through, or is it about to pull the ultimate “I’m taking a break” move? 🙄

After a grueling nine months of radio silence, WazirX is setting its hopes on a court-approved restructuring plan. This could mean trading and withdrawals could resume within just 10 business days—provided everything goes according to plan and the court feels generous on May 13. Of course, this would mark the beginning of a “phased recovery,” because who doesn’t love slow and steady progress when dealing with millions of dollars?

Oh, and Bitcoin… it’s decided to decouple from the stock market, following the shiny gold brick road instead. It’s mirroring the trajectory of gold, which, for the first time in history, has soared above $3500. Meanwhile, the U.S. stock market, poor thing, has seen $1.5 trillion vanish like Houdini’s best trick. Not to worry, though—$60 billion has flown into crypto, and Bitcoin’s trading volume has spiked by a solid 48%. It seems the rotation has begun, and the money is tumbling into Bitcoin’s welcoming arms. Well, I suppose it knows how to make an entrance.

Among the many whispered tales of this new warcraft, one project claims the peculiar sobriquet of “Operational Information Factory.” Its name alone suggests the transformation of raw chaos into stern knowledge, a machine birthed by the Israel Defense Forces, laboring night and day to parse sounds, images, and fragments of text from the bustling confines of Gaza. Its purpose, to distinguish the fighter from the father, the combatant from the child, amidst the dense tapestry of life there.

Or is this just another blip on the radar of a coin that can’t seem to find its footing?

Right now, bitcoin’s short- and near-dated risk reversals — fancy finance speak for “how many people want to bet it’ll go up versus down” — are tipping positive, which means the crowd’s quietly confident. The data, straight from the financial gossip hubs like Deribit and Amberdata, shows BTC recovering from its previous “let’s just put on those puts” funk.