Author: Tristan Lodenberg

The Morgan Stanley Bitcoin Trust (MSBT) has quickly overtaken the WisdomTree Bitcoin Fund (WBTC) in total net inflows, marking a significant milestone just days after its launch. The fund added $19.3 million in inflows on Wednesday, bringing its cumulative total to approximately $103 million. This performance pushed MSBT ahead of WisdomTree’s Bitcoin Fund, which had accumulated about $86 million in inflows since its launch in January 2024. The rapid growth highlights increasing competition among financial institutions entering the spot Bitcoin exchange-traded fund market. The MSBT fund launched on April 8 with a competitive fee of 0.14%, slightly undercutting pricing offered…

Jensen Huang, chief executive of Nvidia, has warned that China already possesses enough computing power and infrastructure to train advanced artificial intelligence models comparable to Claude Mythos. Speaking in a recent podcast interview, Huang said the type of compute used to train Mythos is widely available in China, highlighting the country’s large network of data centers and chip manufacturing capacity. He noted that China manufactures roughly 60% of the world’s mainstream chips and has a large share of global AI researchers, along with significant energy resources. Huang described China’s computing infrastructure as “enormous,” with many facilities capable of scaling up…

The Cato Institute, a Washington, D.C.–based public policy think tank, has called on the United States government to eliminate capital gains taxes on cryptocurrencies such as Bitcoin to encourage broader currency competition. Policy scholar Nicholas Anthony argued that current tax rules discourage the everyday use of digital assets as payment methods. Under existing U.S. law, using crypto to purchase goods or services can trigger a taxable event, similar to selling stocks or real estate. Anthony noted that frequent small transactions such as daily purchases can result in complex reporting requirements, making crypto less practical as a currency. Alternative Tax Models…

Bitcoin has climbed nearly 10% this month, but its upward momentum has stalled near the $75k level over the past 48 hours. The slowdown comes even as U.S. equities continue to hit record highs, highlighting a divergence between traditional markets and crypto sentiment. On-chain data suggests that investors are increasingly taking profits into strength. A key metric, the realized profit/loss ratio, shows elevated profit-taking activity, with the 30-day exponential moving average at 1.16—well above the neutral threshold. This indicates holders are actively selling into recent price strength. CryptoQuant data also shows that roughly $1.14 billion in profits were realized during…

BitMEX Research has introduced a proposed alternative to freezing dormant Bitcoin that may be vulnerable to future quantum computing attacks. Instead of immediately restricting access to older coins, the proposal recommends a soft fork that would only activate a full freeze if a quantum computer capable of stealing Bitcoin is proven to exist. The concept relies on a “canary approach,” which creates a special Bitcoin address generated using a Nothing-Up-My-Sleeve Number (NUMS). This cryptographic method ensures the private key is unknown, meaning the address cannot be spent under normal circumstances but could be accessed if powerful quantum technology becomes available.…

The US Commodity Futures Trading Commission (CFTC) has opened an investigation into unusual oil futures trades placed shortly before key announcements by President Donald Trump concerning the Iran conflict. The probe focuses on trading activity on CME Group’s NYMEX and the Intercontinental Exchange platforms, where regulators observed sudden surges in trading volumes. According to reports, the CFTC is requesting “Tag 50” identity data from exchanges. This information is commonly used for regulatory audits and helps authorities identify individual traders involved in specific transactions. Key Trading Spikes Before Iran Announcements Investigators are examining at least two instances over a two week…

Bitcoin traded near $74,944 as U.S. equities reached record levels, with the S&P 500 gaining 0.8% and the Nasdaq 100 rising 1.4%. Markets reacted to reports of an in-principle U.S.–Iran agreement to extend cease-fire talks beyond the April 7 deadline, easing short-term geopolitical concerns. Bitcoin rose 0.7% on the day and 5.4% over the week. Ether outperformed, jumping 8.1% to around $2,370. Derivatives Market Shows Defensive Positioning Analysts at QCP Capital said Bitcoin’s move is largely spot-driven, not backed by strong leveraged positioning. Funding rates on perpetual futures remain negative, while open interest has softened, indicating traders are not aggressively…

World Liberty Financial is facing strong criticism after introducing a governance proposal that would extend lock-up and vesting periods for early supporters of WLFI tokens by up to four years. The proposal aims to restructure token distribution across founders, advisors, partners, and early investors. Under the plan, more than 62 billion WLFI tokens currently under indefinite lockups would be shifted to fixed schedules. Founders and team members would face a two-year lock-up followed by a three-year linear vesting period, along with a requirement to burn 4.5 billion tokens. Early supporters holding over 17 billion tokens would be subject to a…

Iran has warned it could escalate maritime disruptions if the U.S. continues its blockade of the Strait of Hormuz. Iranian armed forces said they may target shipping routes across the Persian Gulf, Sea of Oman, and Red Sea if Iranian commercial vessels and oil tankers face continued restrictions or insecurity. The threat raises concerns over global energy supply chains, as the Strait of Hormuz remains one of the world’s most critical oil transit corridors. U.S. Signals on De-escalation and Diplomatic Talks U.S. President Donald Trump said efforts are underway to create “breathing room” between Israel and Lebanon as regional tensions…

Bitcoin is showing signs of short-term selling pressure after climbing above $76,000, according to new market analysis from CryptoQuant. The firm reported a sharp increase in Bitcoin deposits to crypto exchanges on Tuesday, a trend commonly viewed as preparation for selling activity. Hourly inflows surged to nearly 11,000 BTC, marking the highest level recorded since December. Analysts noted that the growing size and pace of these deposits historically serve as a warning signal that investors may be preparing to distribute holdings at major resistance levels. The average deposit size also climbed to 2.25 BTC, the largest since July 2024. Similar…