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GM to all of you nutcases. It’s Crypto Nutshell #877 rollin’ on through…🦔🥜

We're the crypto newsletter that's more switched-on than a chess prodigy seeing mate before the board knows it's cornered… ♟️👑

What we’ve cooked up for you today…

  • 👴 The boomers are here

  • 🌍 Bitcoin has a 400x left

  • 📉 Historic lows

  • 💰 And more…

Prices as at 4:25am ET

THE BOOMERS ARE HERE 👴

BREAKING: Morgan Stanley brings crypto trading with lower fees than rivals

Wall Street wants the crypto trading button.

According to Bloomberg, Morgan Stanley has started rolling out crypto trading inside E*Trade.

That means normal brokerage clients will be able to buy and sell crypto from the same place they already trade stocks. (Technically they already can with the ETFs, but this is direct crypto exposure)

But the more interesting part is the price.

Morgan Stanley is reportedly charging 50 basis points per crypto trade. (0.5%)

That’s lower than basic retail pricing at Coinbase, Robinhood, and Charles Schwab.

In plain English, the bank is not just adding crypto because clients asked for it. It’s trying to compete with the crypto exchanges directly.

For years, crypto exchanges had one big advantage: if you wanted crypto, you had to go to them.

Banks could talk about Bitcoin and asset managers could launch ETFs, but the trading relationship still mostly belonged to crypto-native platforms.

Morgan Stanley’s now trying to pull that relationship back into the brokerage account.

And this is not a one-off move.

We’ve already seen Morgan Stanley push into Bitcoin products with its low-cost MSBT ETF. Now it’s moving from crypto exposure into actual crypto trading.

Crypto-native exchanges aren’t going away anytime soon.

Active traders may still prefer deeper markets, more tokens, lower advanced fees, staking, derivatives, and better tools.

But for mainstream investors, convenience matters most.

If someone can buy Bitcoin inside the same account they use for stocks and index funds, one more barrier disappears.

Crypto is moving deeper and deeper into the financial system people already use.

The old question was whether Wall Street would accept crypto.

The new question is how much of the crypto business Wall Street now wants to own.

Escape Wall Street's Control Over Your Crypto

Wall Street hijacked the stock market 200 years ago. 

Now in 2026, they're coming for YOUR digital assets.

Bitcoin was supposed to be peer-to-peer. No banks. No middlemen.

Not anymore.

BlackRock owns more Bitcoin than most countries. 

Fidelity's ETF hit $10 billion. 

JPMorgan called Bitcoin a "fraud" — now they run billions in tokenized assets. 

They ARE crypto now.

Every time you hit "Buy" on Coinbase, you're trading at their prices that they've already positioned themselves for the biggest returns. You're fighting over scraps.

It's the 2008 playbook. 

Wall Street sold mortgage-backed securities to retail, then shorted them and made billions while people lost their homes.

But there's a way to operate outside their system.

Tan Gera, ex-Wall Street banker and CFA Charterholder, walked away after discovering their two-tier system. 

Now, his 35-person research team helps 3,000+ investors access opportunities before Wall Street marks them up 100x.

For educational purposes only. Results will vary. DM Intelligence LLC is not liable for losses.  

BITCOIN HAS A 400x LEFT 🌍

Jack Mallers just did the math nobody wants you to do.

Strike's founder took the stage at New York Bitcoin Investor Week and framed Bitcoin's upside in a way that flips the entire conversation.

"Humans own about $900 trillion worth of stuff. About half of that is monetized. Meaning people own the house, the art, the gold, not to live in or look at, but to store wealth."

Jack Mallers

$400 to $500 trillion is parked in assets people don't actually want. They just need somewhere to store value.

Bitcoin's market cap right now? $1.5 trillion.

That's a 400x opportunity sitting in plain sight. Before you even factor in fiat debasement.

Bitcoin doesn't need to win everything. It just needs to keep taking share. 💰

HISTORIC LOWS 📉

Today we’ll be checking in on the amount of Ethereum available for sale on exchanges.

Here’s how to interpret this metric:

  • Decreasing exchange balances: Bullish indicator as it signals a shift towards long-term holding 🐂

  • Increasing exchange balances: Bearish indicator as coins being transferred to exchanges are more likely to be sold 🐻

14.57 million ETH left on exchanges.That’s 12.07% of the total supply.

And another all-time low.

Since January, 2,216,642 ETH has been withdrawn - over 2.2 million ETH removed from the sellable float this year. And the pace keeps accelerating. Two weeks ago that figure was under 2 million.

Exchange supply draining from one side. Staking absorbing from the other.

The available float is being compressed from both directions at once, and 12.07% is uncharted territory.

When demand eventually returns to a market this starved for supply, the reaction won't be gradual. 🐳

CRACKING CRYPTO 🥜

Bitcoin Jumps to Three-Month High Above $82K on Report of US-Iran Agreement. Bitcoin briefly rallied as U.S.-Iran peace-framework reports pushed WTI crude down more than 10%, though the deal remains unconfirmed.

CME Group to launch regulated Bitcoin volatility futures. CME plans CFTC-regulated Bitcoin Volatility futures from June 1, giving institutions an onshore way to trade BTC implied volatility directly.

Ripple, JPMorgan and others use XRP Ledger to cash out tokenized Treasurys fund internationally. Ripple, JPMorgan, Mastercard, and Ondo tested cross-border redemption of a tokenized Treasury fund using both XRP Ledger and bank payment infrastructure.

Bitcoin whales on Hyperliquid push net long positions to 2026 high. Glassnode said Hyperliquid BTC whale net longs hit a 2026 record, while Bitcoin briefly cracked $82,000 and negative funding stretched to 67 consecutive days.

WHAT WE’RE READING 📚

Want to get even smarter? Check these out.

p.s. all completely FREE (one click subscribe link)

  • Raremints (link) - Daily crypto news

  • Bitcoin Breakdown (link) - Daily Bitcoin news

  • Techpresso (link) - Daily tech news and insights

  • The Hustle (link) - Get Smarter on Business and Tech

  • Your Next Breakthrough (link) - Personal growth with Mark Manson

  • The Neuron (link) - AI trends and tools to keep you ahead

CAN YOU CRACK THIS NUT? ✍️

Select your answer below and you’ll be redirected to the results page. (answer explanation can be found after “Meme Corner”)

MEME CORNER 😂

Because what would the crypto world be without its share of memes?

Trivia Answer: Fees paid to process transactions and run smart contracts 🥳

On Ethereum, gas is the fee users pay to get transactions included and smart-contract actions executed. When the network gets busy, gas fees usually rise because users are competing for limited block space.

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DISCLAIMER: The content of this newsletter is not financial advice. This newsletter is strictly educational and is not investment advice. Please be careful and do your own research.

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