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U.S. Treasury Opens Comment Period on State-Driven Stablecoin Rules

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The U.S. Treasury on Wednesday issued a notice of proposed rulemaking seeking public comment on state-level stablecoin governance under the GENIUS Act. The proposal clarifies how states may regulate stablecoins with a market cap under $10 billion, provided their regulations remain aligned with federal policy and standards.

The GENIUS framework—short for the Guiding and Establishing National Innovation for US Stablecoins Act—enables states to oversee smaller stablecoins, while ensuring that core protections stay in sync with federal rules. The Treasury NPRM outlines non-negotiable guardrails that issuers must meet, including a stringent reserve model, ongoing reporting, and strict compliance with federal anti-money laundering and sanctions policies.

Key takeaways

  • The Treasury’s NPRM invites public comment on implementing GENIUS Act state-level governance for stablecoins under $10 billion in market cap, with alignment to federal standards.
  • Core protections are codified: 1:1 reserve backing with cash or high-quality cash equivalents, plus monthly reporting requirements; full AML and sanctions compliance; and a ban on rehypothecation of reserves.
  • States may impose their own liquidity, reserve, risk management, and enforcement rules, but only if they are equal to or more restrictive than federal standards and raise financial thresholds when appropriate.
  • Comment period is open for 60 days; once a stablecoin issuer exceeds $10 billion in market cap, federal jurisdiction applies automatically to the largest issuers.
  • The broader regulatory conversation continues to grapple with yield-bearing stablecoins and the viability of sharing interest with holders, a debate rich with tensions between innovation and incumbent financial interests.

Regulatory architecture clarified by the NPRM

The Treasury’s notice articulates a clear floor of protections that stablecoin issuers under state purview must observe. The proposed framework requires reserves to back each token on a 1:1 basis with cash or high-quality cash equivalents, paired with monthly reporting to maintain transparency and accountability. In addition, issuers must operate in full compliance with federal anti-money laundering and sanctions regimes, and the proposal explicitly prohibits rehypothecation, the practice of using the same reserve asset to back multiple claims.

Crucially, the NPRM emphasizes that state-level regimes should produce regulatory outcomes that are at least as stringent as the federal framework. This principle is designed to prevent a patchwork of weaker state rules that could undermine consumer protections or introduce systemic risk across the sector. The Treasury text also signals that states are free to implement stricter liquidity or risk-management procedures if they exceed federal requirements, provided those measures maintain a conservative, shielded stance toward stability and resilience.

For market participants, the NPRM sets the stage for a more modular regulatory landscape. Smaller issuers—those below the $10 billion threshold—could be governed by state-level regimes that mirror federal guardrails, while larger players would inevitably fall under federal oversight. The proposal reiterates that public comments are welcome for 60 days, signaling a proactive, consultative phase before any formal rule adoption.

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State versus federal oversight and implications for issuers

Under the GENIUS Act, state authorities may regulate stablecoins that carry a market cap of less than $10 billion, so long as the rules do not deviate meaningfully from federal policy. This design aims to strike a balance between encouraging innovation at the state level and preserving a coherent national standard for token stability, disclosure, and consumer protection.

The NPRM also outlines a practical brake on the largest issuers. When an issuer surpasses the $10 billion threshold, federal jurisdiction takes precedence, meaning the biggest players would be regulated exclusively at the federal level. This arrangement acknowledges the systemic importance of the top stablecoins and aligns with broader efforts to harmonize oversight across federal and state lines.

The GENIUS Act itself has already seen significant political attention. The act became law after President Donald Trump signed it in July, marking a notable moment in U.S. crypto regulation. This backdrop helps explain why the Treasury’s NPRM emphasizes alignment with federal policies while granting states a time-limited runway to craft tailored approaches for smaller issuers. For readers following regulatory history, the law’s signing signaled an intent to formalize stablecoin governance rather than rely on scattered, disparate state actions.

Industry debate: yields, savings and regulatory tensions

Beyond the mechanics of reserve-backed tokens, the GENIUS framework intersects with a broader policy debate about yield-bearing stablecoins. Some industry participants, including Coinbase among others, contend that stablecoins capable of earning interest could offer savers a competitive alternative to traditional savings accounts, which have historically yielded well under 1 percent in many markets. This view has positioned yield-bearing stablecoins as a potential bridge between crypto markets and mainstream savings utilities.

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Still, yield-bearing structures have drawn pushback from the traditional banking lobby, which argues that enabling token holders to share in yields could siphon deposits away from traditional banking, potentially threatening financial stability for incumbents. The regulatory conversation reflects this tension: on one side, proponents view yield-bearing stablecoins as a step toward more consumer-centric financial innovation; on the other, opponents warn about destabilizing effects on conventional funding models.

Adding to the regulatory backdrop, the Financial Stability Board has previously warned about the risks posed by dollar-pegged stablecoins, particularly in emerging markets where policy transmission is more fragile. Those concerns frame a policy environment that seeks to deter a repeat of systemic stress while still supporting innovation in payments and settlement. The broader debate remains unsettled in Congress, where the CLARITY market-structure bill has stalled, complicating efforts to codify how stablecoins interact with traditional banking rails and market infrastructure.

As the rulemaking unfolds, industry participants will be watching how aggressively states implement the NPRM’s guardrails and whether federal regulators move more quickly to scale the top stablecoins into a federally comprehensive regime. The balance between openness to innovation and rigorous risk controls will shape not only token issuers but also users seeking safer, more transparent access to digital assets.

What to watch next

Public comments on the Treasury’s NPRM must be submitted within 60 days, marking the start of a multi-stage rulemaking process. Investors and builders should monitor how state regulators translate the general principles into concrete requirements, and whether any state-level regimes carve out distinct treatment for particular subcategories of stablecoins. The dynamic between state flexibility and federal uniformity will likely influence the pace at which stablecoins with smaller market caps gain practical legitimacy, while the largest issuers navigate a centralized federal framework.

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For broader context, keep an eye on ongoing regulatory discussions around yield-bearing stablecoins and the fate of related U.S. legislation, such as the CLARITY bill, which currently remains stalled in Congress. The evolving regulatory narrative—spanning state innovation, federal cohesion, and the risk-versus-reward calculus for yield-bearing structures—will shape how users, traders, and issuers approach stablecoins in the months ahead.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Bitcoin (BTC) price rallies on Iran ceasefire talks, Algorand (ALGO) extends gains: Crypto Markets Today

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Bitcoin (BTC) price rallies on Iran ceasefire talks, Algorand (ALGO) extends gains: Crypto Markets Today

Bitcoin climbed to near $70,000 as traders reacted to signs of possible de-escalation in the Iran war and amid a short squeeze that liquidated more than $270 million in shorts.

Crypto prices rose, along with equity index futures and equities, as Axios reported that the U.S. and Iran are discussing a potential 45-day ceasefire. The report raised hopes that hostilities could ease, potentially lowering the risks for ships sailing through the Strait of Hormuz.

That is improving appetite for risk assets across markets, and the U.S. Dollar Index (DXY) fell. The retreat is being amplified as reports suggest Pakistan is brokering what’s being called the “Islamabad Accord.”

Under the deal, a ceasefire would take effect immediately and the Strait of Hormuz would be reopened. Nevertheless, markets still need convincing.

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On Polymarket, the odds of a ceasefire this month are at around 30%, up from 18% before the Islamabad Accord came to light. Oil prices remain elevated, and the Federal Reserve is still widely expected to keep interest rates unchanged.

If a ceasefire materializes and the conflict winds down, a relief rally could further benefit risk assets. For now, though, traders appear to be treating the headlines with skepticism.

Derivatives Positioning

  • Notional open interest (OI) in bitcoin and ether (ETH) has risen by 7% and 11%, respectively, outpacing spot price gains. This suggests fresh capital inflows into the market, likely chasing bullish exposure, as both funding rates and cumulative volume deltas for BTC and ETH remain positive.
  • Among altcoins, ADA, AVAX and LINK stand out with double-digit increases in open interest alongside positive funding rates. In contrast, sentiment appears bearish for BCH and HYPE, which are sporting negative funding rates.
  • Bitcoin’s volatility meltdown continues, signaling market calm and supporting bullish price action. The 30-day implied volatility index, BVIV, has dropped below 50% for the first time since early February. Ether’s index, EVIV, also fell to the lowest level in weeks.
  • On Deribit, bitcoin’s $60,000 put and the $80,000 call are the most popular options bets, each boasting a notional open interest of $1.40 billion at press time. These, therefore, are key levels to watch, as they represent areas where traders are heavily positioned for either downside protection or upside participation.
  • Volatility, therefore, could pick up sharply if prices move outside of the $60,000-$80,000 range.
  • Broadly speaking, the mood in options market remains cautious despite bullish hints in futures. BTC and ETH puts remain pricier than calls, a sign of sticky demand for downside hedging. Some of the bias for puts also stems from persistent overwriting of calls, a yield-generating strategy.

Token Talk

  • Algorand’s ALGO token has surged nearly 50% in the past 30 days after a Google Quantum AI research paper highlighted its approach to quantum-resistant security.
  • The Google report examined how blockchains can defend against future threats from quantum computers, which might be able to break current encryption methods. Algorand drew notable attention for its use of FALCON, a post-quantum signature scheme selected by U.S. standards body NIST.
  • The network already uses the system for features like state proofs, which confirm ledger updates, and for certain transaction types.
  • ALGO rose from about $0.08 to near $0.12 so far, bringing its market capitalization past $1 billion. It’s up more than 7.3% in the last 24 hours amid a wider market rally.

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Warren Buffett says he’s still making investment calls at Berkshire, flags ‘tiny’ buy

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Warren Buffett says he’s still making calls on investments at Berkshire, flags ‘tiny’ new buy
Warren Buffett says he’s still making calls on investments at Berkshire, flags ‘tiny’ new buy

Warren Buffett said Tuesday he remains closely involved in investment decisions at Berkshire Hathaway even after stepping down as chief executive, adding that he recently made a “tiny” new purchase.

The 95-year-old investor, in an interview with Becky Quick on “Squawk Box,” said he still comes into the office daily and stays engaged with markets, working alongside colleagues on trades. Buffett described a routine that includes calling Mark Millard, Berkshire’s director of financial assets, before the opening bell to discuss market developments.

Millard, whose office sits about 20 feet away, executes trades based on those conversations, Buffett said, underscoring that he remains hands-on despite handing over the CEO role to Greg Abel in the beginning of 2026.

“I won’t make any [investments] that Greg thinks are wrong. … Greg gets the sheet every day,” Buffett said, referring to the firm’s regular investment updates. Asked whether he has made any new investments, he replied that he recently made “one tiny purchase,” without elaborating.

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Buffett also downplayed recent market volatility, suggesting current conditions fall far short of past periods that created major buying opportunities.

“Three times since I took over, for sure it’s gone down more than 50%. … This is nothing to make you get excited,” Buffett said.

The “Oracle of Omaha” also revealed that Berkshire purchased $17 billion worth of Treasury bills this week at the weekly auction. Berkshire reported more than $370 billion in cash equivalents on the books at year-end, largely held in Treasury bills. 

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How beginners can earn passive income without coding

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

AI crypto trading apps is gaining popularity in 2026 as beginners seek automated ways to earn passive income.

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Summary

  • AI crypto trading apps surge in 2026, offering beginners automated strategies and passive income opportunities
  • MoneyFlare leads AI trading platforms with no-code automation and 24/7 algorithm-driven crypto execution
  • Rising demand for passive crypto income drives adoption of AI tools using real-time data and smart trading strategies

As the cryptocurrency market continues to evolve, many beginners are turning to AI crypto trading apps to automate their trading processes and earn passive income without the need for coding skills. 

In 2026, AI trading technology has become more advanced, allowing investors to use smart algorithms and real-time data to make profitable trades. These tools are particularly appealing to newcomers who want to earn money without the complexities of manual trading. 

In this article, we will explore the 7 best AI crypto trading apps for 2026, with MoneyFlare taking the top spot, helping anyone get started with automated trading and passive income.

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1. MoneyFlare — Best AI Crypto Trading App for Beginners

Why Choose MoneyFlare?

MoneyFlare stands out as one of the leading AI-powered crypto trading platforms for beginners in 2026. Its key strength lies in its fully automated trading system. No coding experience is needed. Simply choose a strategy, and the AI executes trades on a user’s behalf 24/7, optimizing their potential profits.

Key Advantages of MoneyFlare:

  • One-Click Activation: Get started quickly without any technical setup.
  • Precision Algorithms: The AI uses advanced algorithms to analyze market trends in real time and adjust trading strategies for optimal performance.
  • Low-Risk Settings: MoneyFlare provides tools to manage and reduce risk while maximizing profits.
  • 24/7 Trading: The AI runs continuously, trading even when the user is not actively monitoring the market.
  • User-Friendly Interface: The platform’s intuitive design makes it perfect for beginners who are just starting their trading journey.

How MoneyFlare works: A Step-by-Step Guide for Beginners

  1. Sign Up and Create an Account: New users who register will receive a free $10 real reward and a $50 trial credit!
  2. Deposit Funds: Choose a preferred method and fund an account to start trading.
  3. Select a Trading Strategy: Choose from a variety of automated strategies designed for beginners.
  4. Start Automated Trading: With just one click, activate the AI system, and let it handle all trades.

2. Cryptohopper — Best for Automated Portfolio Management

Why Choose Cryptohopper?

Cryptohopper offers an ideal solution for users who wish to manage multiple exchanges and portfolios with minimal effort. It combines technical analysis tools and automated strategies to help users optimize their crypto investments.

Key Advantages of Cryptohopper:

  • Multi-Exchange Compatibility: Supports several major exchanges, allowing users to manage trades across multiple platforms.
  • Signal Marketplace: Provides trading signals from the market, enabling users to make informed decisions.
  • Pre-Built Strategy Templates: Helps beginners implement various strategies with minimal setup.

3. 3Commas — Best for experienced beginners

Why Choose 3Commas?

3Commas is ideal for beginners who are ready to move beyond basic trading and explore more complex strategies. It offers smart trading bots and provides a platform for both automated and manual strategy adjustments based on real-time market conditions.

Key Advantages of 3Commas:

  • Smart Bots: Automatically adjust strategies based on real-time market fluctuations.
  • Risk Management Tools: Built-in tools like stop-loss and take-profit features to limit risk.
  • Social Trading Feature: Allows users to follow and copy the strategies of successful traders.

4. Pionex — Best for beginners who want to start with no fees

Why Choose Pionex?

Pionex is a no-fee platform that is perfect for beginners looking to reduce trading costs. The platform offers multiple automated trading bots to execute trades on a user’s behalf.

Key Advantages of Pionex:

  • Zero Trading Fees: No extra charges on transactions, making it an affordable platform for beginners.
  • Variety of Bots: A wide selection of automated bots to cater to different trading styles.
  • Simple to Use: The user interface is clean and easy to navigate, making it perfect for new traders.

5. Bitsgap — Best for arbitrage trading

Why Choose Bitsgap?

Bitsgap specializes in arbitrage trading, which allows users to profit from price discrepancies across different exchanges. This is ideal for traders who want to take advantage of short-term market inefficiencies.

Key Advantages of Bitsgap:

  • Cross-Exchange Trading: Connects to multiple exchanges, enabling users to trade across different platforms.
  • Automated Arbitrage: Detects and capitalizes on price differences automatically to generate profit.
  • Demo Account: Test strategies and learn the platform without risking real funds.

6. WunderTrading — Best for social trading

Why Choose WunderTrading?

WunderTrading is an excellent platform for those who want to participate in social trading. Beginners can follow and copy strategies of successful traders, taking advantage of their experience.

Key Advantages of WunderTrading:

  • Social Trading: Users can choose to follow successful traders and automatically copy their strategies.
  • Easy Setup: The platform is designed to be intuitive, so users can start trading with just a few clicks.
  • Trading Community: Access to a community of traders for the latest market insights and strategies.

7. TradeSanta — Best for short-term traders

Why Choose TradeSanta?

TradeSanta is a great choice for investors who prefer short-term trading strategies. The platform provides various short-term trading strategies to help users quickly capitalize on market fluctuations.

Key Advantages of TradeSanta:

  • Short-Term Focus: Optimized for traders looking to capture short-term price movements.
  • Customizable Strategies: Offers a wide variety of customizable strategies for users to tailor according to their preferences.
  • Cloud-Based Trading: All trading functions are executed via the cloud, allowing users to trade from anywhere.

FAQ: Common questions about AI crypto trading apps

1. How can I earn passive income with AI crypto trading apps as a beginner?

AI crypto trading apps automate the trading process, allowing anyone to earn passive income without actively managing trades. After selecting a strategy and depositing funds, the AI does the work 24/7, making profitable trades.

2. Do I need coding skills to use AI crypto trading apps?

No, these platforms are designed for beginners. There is no need for any coding knowledge. Simply choose a trading strategy, and the AI will handle everything.

3. How do AI crypto trading bots work for beginners?

AI bots use algorithms to analyze the market and execute trades automatically. As a beginner, just select a strategy and the AI does the rest, trading based on real-time market conditions.

4. How long does it take to set up an AI trading app as a beginner?

Setting up is quick and easy. Sign up, deposit funds, choose a strategy, and start trading. Most platforms, like MoneyFlare, offer a demo account to practice first.

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5. Can I make money with AI crypto trading without constantly watching the market?

Yes! AI bots trade 24/7, automatically capturing profitable opportunities without active involvement. Once set up, anyone can earn passive income while focusing on other things.

6. What if I don’t understand how AI crypto trading works? Can I still use it?

Yes! Platforms like MoneyFlare are designed for beginners. No need to understand the details of how AI works; just follow the simple setup steps, and the AI will do the rest.

7. How much do AI crypto trading apps cost to use?

Most platforms offer a free trial or basic plan. Some charge a small fee when a user starts trading with real funds. Always check for any fees before using advanced features.

Conclusion

Selecting the right AI crypto trading platform can help beginners easily get started with automated trading and begin earning passive income. From MoneyFlare’s fully automated trading system to Cryptohopper’s portfolio management and Pionex’s no-fee structure, each platform offers unique benefits. Whether someone is new to crypto trading or looking to optimize their strategies, these apps will support them along the way.

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For those who are ready to start their AI trading journey, begin with MoneyFlare for its simple interface and automated strategies, and watch the crypto trading experience grow!

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Signs of a Further Correction in HYPE Price as Bearish Momentum Prevails

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Crypto Breaking News

Key insights:

  • The HYPE coin has dipped below the critical $37 support line, indicating weakening buying pressure and more bearish power.
  • Fibonacci ratios imply that the $32.44 and $29.5 marks can be considered significant demand points.
  • Negative readings from RSI and CMF confirm weakening momentum and capital flow, validating the prevailing bearish sentiment.

Breaking Below Crucial Support Level

The price action of Hyperliquid’s HYPE is now trading below the crucial support at $37, indicating a fundamental change in the price structure in the short term.

The support area was seen as a solid floor, having been tested on multiple occasions and bouncing back each time. However, the current breakdown shows that buying interest has diminished significantly.

Moreover, previous attempts to make a push towards the local resistance near $43.7 have not been successful, demonstrating the lack of ability of bulls to keep momentum going.

Another interesting thing to note is the breakout above $40, which took place in late March, was short-lived, as sellers took advantage of this situation.

Market Weakness in Wider Crypto Sector

The fall in the HYPE price is not an isolated incident. In the wider crypto market sector, Bitcoin, along with other cryptocurrencies, suffered declines during the same period.

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The market weakness witnessed by the wider crypto sector has led to a decline in investor sentiment, which has made it difficult for HYPE to attempt any recovery moves. This has kept the bullish pressure limited, leading to further price weakness over the last two weeks.

Although there have been some negative developments in the short term, the overall picture remains positive in the long term. Earlier this year, in February 2025, HYPE reached almost $60 but declined rapidly to reach $20. Subsequently, the rise up to $43.7 was a part of a recovery phase.

Thus, the latest fall in HYPE prices can be seen as a retracement from its previous gains.

Levels Highlight Possible Drawdown

Fibonacci retracement levels through technical analysis point towards the possibility of additional drawdown in HYPE. The two levels of $32.44 and $29.5 appear significant, acting as areas for potential buying from traders.

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The levels lie inside an established demand zone, which is crucial for the future movement of the crypto asset. However, trading activity currently reveals that there are no aggressive accumulations happening in these levels.

Bearishness Validated by Momentum Indicators

The momentum indicators also confirm the bearish scenario. In this regard, the RSI indicator has breached the 50 neutral level, pointing to an increase in selling activity and a slowdown in buying power.

Moreover, the CMF indicator continues to record negative readings, trading close to -0.15. This indicates that the capital is being withdrawn from the asset.

In terms of the smaller timeframes, especially the 4-hour timeframe, HYPE keeps forming lower highs, indicating the continuation of the bearish scenario. The rejection at the $42 mark in late March has formed a key resistance level that the bulls have failed to surpass.

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The Resistance Level Determines the Chance for Reverse

If the stock is going to make a full recovery, HYPE needs to get past the resistance level at $41.59. Crossing this level will demonstrate new buying power and can be considered the start of the return to the $43.7 level.

Prior to that happening, the trend will remain bearish. The market’s dynamics will show that the market still approaches trading with caution and monitors vital areas of supply and demand.

In the short term, the demand zone from $29.5 to $32.5 is essential to pay attention to. If this zone is successfully maintained by buyers, there are good chances for a reversal to happen; otherwise, there might be even lower prices.

Cautious Outlook Continues

Generally speaking, the current trading prices of HYPE show that the market is under stress. The weak momentum, falling indicators, and uncertainties in the market environment are exerting significant pressure on the price of the cryptocurrency.

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Even though the long-term chart shows possibilities for a recovery, it appears that the near-future prospects for HYPE remain bearish until it manages to reclaim the key resistance areas.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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JPMorgan CEO Jamie Dimon annual letter cites risks in geopolitics, AI, private markets

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JPMorgan CEO Jamie Dimon annual letter cites risks in geopolitics, AI, private markets

Jamie Dimon, Chairman and CEO, JPMorganChase, speaks during the Reagan National Defense Forum at the Ronald Reagan Presidential Library in Simi Valley, California, U.S. December 6, 2025.

Jonathan Alcorn | Reuters

JPMorgan Chase CEO Jamie Dimon is calling for a broad recommitment to American ideals as his bank navigates geopolitical uncertainty, a teetering economy and the revolutionary impact of artificial intelligence.

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Dimon in his annual letter to shareholders, published Monday, noted the country’s 250th anniversary as “the perfect time to rededicate ourselves to the values that made this great nation of ours — freedom, liberty and opportunity.”

“The challenges we all face are significant. The list is long but at the top are the terrible ongoing war and violence in Ukraine, the current war in Iran and the broader hostilities in the Middle East, terrorist activity and growing geopolitical tensions, importantly with China,” Dimon said. “Even in troubled times, we have confidence that America do what it has always done — look to the values that have defined our singular nation and sustained our leadership of the free world.”

Dimon, the longtime leader of the world’s largest bank by market cap, is among the most outspoken of U.S. corporate leaders. His annual letter offers not only a matter of record for his firm’s performance, but also sweeping perspectives on the global state of affairs.

In Monday’s letter, Dimon noted headwinds including global conflicts, persistent inflation, private market upheaval and what he called “poor bank regulations.”

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Dimon said that while regulations like those put in place after the 2008 financial crisis “accomplished some good things … they also created a fragmented, slow-moving system with expensive, overlapping and excessive rules and regulations — some of which made the financial system weaker and reduced productive lending.”

He specifically cited negative consequences of capital and liquidity requirements, the current construction of the Federal Reserve’s stress test and a “badly handled” process at the Federal Deposit Insurance Corporation.

Dimon also said JPMorgan’s reaction to revised proposals for Basel 3 Endgame and a global systemically important bank (GSIB) surcharge — issued by U.S. regulators last month — were “mixed.”

“While it was good to see that the recent proposals for the Basel 3 Endgame (B3E) and GSIB attempted to reduce the increase in required capital from the 2023 proposals, there are still some aspects that are frankly nonsensical,” Dimon said.

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The CEO said the aggregate proposed surcharges of about 5%, the bank would need to hold “as much as 50% more capital across the vast majority of loans to U.S. consumers and businesses when compared with a large non-GSIB bank for the same set of loans.”

“Frankly, it’s not right, and it’s un-American,” he said.

On trade and geopolitics

Dimon identified geopolitical tensions as the primary risk facing his bank, namely the wars in Ukraine and Iran and their impacts on commodities and global markets — deeming war “the realm of uncertainty.”

“The outcome of current geopolitical events may very well be the defining factor in how the future global economic order unfolds,” he said. “Then again, it may not.”

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He also cited a “realignment of economic relations in the world” brought on by U.S. trade policy. U.S. President Donald Trump has made tariffs a signature policy of his second term in office, introducing higher duties on dozens of trade partners and import categories.

“The trade battles are clearly not over, and it should be expected that many nations are analyzing how and with whom they should create trade arrangements,” Dimon said. “While some of this is necessary for national security and resiliency, which are paramount, it is hard to figure out what the long-term effects will be.”

On private markets

Dimon also spoke to recent upheaval in the private markets, as fears around loans made to software firms spur massive redemption requests at private credit funds.

“By and large, private credit does not tend to have great transparency or rigorous valuation ‘marks’ of their loans — this increases the chance that people will sell if they think the environment will get worse — even if actual realized losses barely change,” Dimon said.

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The executive added that actual losses are already higher than they should be relative to the environment.

“However this plays out, it should be expected that at some point insurance regulators will insist on more rigorous ratings or markdowns, which will likely lead to demands for more capital,” he said.

On AI

Dimon reiterated Monday that the pace of AI adoption is unlike any technology that came before it. He said while its implementation will be “transformational,” it remains to be seen how the AI revolution will unfold.

“Overall, the investment in AI is not a speculative bubble; rather, it will deliver significant benefits. However, at this time, we cannot predict the ultimate winners and losers in AI- related industries,” Dimon said.

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“We will not put our heads in the sand. We will deploy AI, as we deploy all technology, to do a better job for our customers (and employees),” he wrote.

JPMorgan has been at the forefront of Wall Street firms introducing AI at every level of its business. Last year, JPMorgan Chief Analytics Officer Derek Waldron gave CNBC an early demonstration into how it’s using agentic AI to speed up work and improve results for customers and shareholders.

In February, Dimon said AI was reshaping JPMorgan’s workforce and that the bank had “huge redeployment plans” for employees.

“We have focused on some of the ‘known and predictable’ and some of the ‘known unknown’ events,” he said. “But huge technological shifts like AI always have second- and third-order effects as well that can deeply impact society. … We should be monitoring for this kind of transformation, too.”

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— CNBC’s Leslie Picker and Ritika Shah contributed to this report.

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Soleno Therapeutics (SLNO) Stock Soars 30% on $2.5B Neurocrine Acquisition News

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SLNO Stock Card

Key Highlights

  • Shares of Soleno Therapeutics (SLNO) jumped more than 30% during premarket hours Monday following acquisition news
  • Neurocrine Biosciences (NBIX) is nearing a deal to purchase Soleno in a transaction valued at $2.5B or higher
  • The proposed acquisition could price SLNO shares in the low-to-mid $50 range
  • According to the Financial Times, an agreement may be reached as early as Monday, April 6
  • Shares of Neurocrine declined 0.4% premarket following the report

Soleno Therapeutics has experienced a challenging start to 2026 — posting losses of approximately 14% year to date — but Monday morning brought a dramatic reversal.


SLNO Stock Card
Soleno Therapeutics, Inc., SLNO

According to a Financial Times report, Neurocrine Biosciences has entered late-stage negotiations to acquire the rare disease-focused biotech company in a transaction exceeding $2.5 billion. News of the potential deal propelled SLNO shares more than 30% higher in premarket activity.

The proposed acquisition would place Soleno’s valuation in the low-to-mid $50s per share range. Negotiations are progressing at a rapid pace, with the FT indicating an announcement could come as soon as Monday.

Soleno’s primary commercial product is Vykat XR, which the company brought to market last year for treating hyperphagia — a medical condition associated with Prader-Willi syndrome. This condition triggers relentless, overwhelming hunger that can result in severe health complications such as gastric rupture, aspiration risks, morbid obesity, and heart disease.

Prader-Willi syndrome represents a rare genetic disorder with an incidence rate of approximately one case per 15,000 births. Vykat XR became the first FDA-approved therapeutic specifically targeting the insatiable appetite symptoms characteristic of this syndrome.

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Industry analysts have projected Vykat XR could achieve peak yearly revenues reaching $2.3 billion — a commercial opportunity that has evidently attracted Neurocrine’s strategic interest.

Neurocrine’s Strategic Expansion Into Rare Diseases

Neurocrine currently maintains a market capitalization of approximately $13.21 billion. The company’s existing product lineup features Ingrezza, which addresses tardive dyskinesia and chorea associated with Huntington’s disease, alongside additional commercialized therapies and developmental pipeline assets.

Acquiring Vykat XR would establish Neurocrine’s presence in the rare disease and orphan drug sector, where companies typically benefit from premium pricing dynamics and reduced competitive pressure.

Neurocrine’s shares fell 0.4% in premarket activity Monday. Such modest declines are common when acquisition news breaks, as investors account for the premium the acquiring company must pay.

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Understanding SLNO’s Recent Performance

Despite Monday’s dramatic surge, SLNO had posted year-to-date losses of roughly 14% in 2026 prior to this week’s news. The stock had underperformed despite analyst enthusiasm regarding Vykat XR’s revenue potential.

According to TipRanks, SLNO carries a Strong Buy rating based on assessments from 11 analysts. The consensus price target stands at $101.09, with the most bullish forecast reaching $125.

At the reported acquisition price in the low-to-mid $50s per share, the deal would fall considerably short of analyst price targets — although it would still represent a significant premium compared to SLNO’s recent trading levels.

The Financial Times report referenced individuals with knowledge of the negotiations, emphasizing that discussions are advancing smoothly and accelerating toward a potential finalization.

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Cardano eyes $0.2772 as bullish sentiment builds

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Cardano bullish PA
Cardano bullish PA

Key takeaways

  • ADA is up 6% in the last 24 hours, making it the best performer among the top 20 cryptocurrencies by market cap.
  • The coin could rally towards the $0.2772 resistance level if the rally persists.

Cardano (ADA) is building on recent gains, trading above $0.25 as of Monday after posting a modest recovery last week. A combination of stronger on-chain signals and improving derivatives data suggests the uptrend could continue. Technical indicators also point to growing momentum, reinforcing the case for a near-term rally.

On-chain and derivatives data lean bullish for Cardano

Data from Santiment’s Social Dominance metric supports a constructive outlook. This indicator tracks the proportion of ADA-related discussions across the broader crypto landscape. It has edged higher to 0.206% on Monday, signaling increased market attention and improving sentiment among investors.

On the derivatives front, CoinGlass shows Cardano’s long-to-short ratio at 1.01. A reading above 1 indicates that more traders are positioning for upside, reflecting a bullish bias in the market.

Meanwhile, Cardano’s funding rates turned positive on Thursday and have continued to climb, reaching 0.0076 on Monday. Positive funding rates suggest that long-position holders are paying shorts, a sign of strong demand. Historically, similar shifts from negative to positive funding, followed by rising rates, have coincided with upward price movements for ADA.

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Cardano Price Forecast: ADA could extend gains towards $0.2772

The ADA/USD 4-hour chart is bearish and efficient as Cardano is trading above $0.25 on Monday. The near-term bias is mildly bullish as the price extends its recovery, nearing the key resistance at the 50-day EMA at $0.27. A breakout suggests an upward move. 

Currently, the momentum indicators have switched bullish. The Relative Strength Index (RSI) on the 4-hour chart at 67 leans bullish, signalling an impulsive buying pressure. 

The Moving Average Convergence Divergence (MACD) indicator has turned back above the signal line just under the zero mark, hinting at fading downside pressure.

ADA/USD 4H Chart

If the market undergoes a correction, ADA would likely retest the first major support at $0.24. Breaking this support level would expose the $0.22 swing low where buyers previously emerged. 

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However, if the rally persists, ADA could surge towards the $0.2772 resistance, coinciding with its 50-day EMA. A daily break above this level could see ADA surge towards the $0.2991 resistance level. 

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Three key reasons why Algorand price is eyeing a move to $2

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Algorand price has confirmed a falling wedge pattern on the daily chart.

Algorand price surged more than 50% over the past week, climbing to $0.126 on Monday and emerging as the top-performing cryptocurrency on the weekly timeframe.

Summary

  • Algorand price rose over 50% in a week to an 11-week high of $0.126, driven by recognition in a Google Quantum AI paper and new staking access via Revolut
  • A breakout from a multi-month falling wedge, alongside strong Aroon and positive money flow readings, signals continued bullish momentum toward $0.20
  • Futures open interest surged to $75 million, with bullish positioning and a negative funding rate pointing to a potential short squeeze and further upside pressure

According to data from crypto.news, Algorand (ALGO) rallied to an 11-week high of $0.126 on April 6, bringing its market cap near the $1.1 billion mark.

This rally followed a citation by Google Quantum AI in a research paper focused on the threats major blockchains face from quantum computing. The paper made several mentions of Algorand for its post-quantum security and advanced Falcon signature technology.

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The token also gained significant traction after Revolut rolled out native ALGO staking, opening access for its 70 million-plus users to participate directly through the app.

There are three reasons why this rally could continue.

First, Algorand has confirmed a breakout from a multi-month falling wedge pattern on the daily chart. A falling wedge is formed by two descending and converging trendlines, and a breakout is often a precursor to sustained rallies. As such, the token could continue its climb to as high as $0.20, which aligns with the 50% Fibonacci retracement level. 

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Algorand price has confirmed a falling wedge pattern on the daily chart.
Algorand price has confirmed a falling wedge pattern on the daily chart — April 6 | Source: crypto.news

The forecast is supported by bullish technical indicators. Notably, the Aroon Up at 85.71% lies significantly above the Aroon Down, while the Chaikin Money Flow index showed a positive reading of 0.17, a sign that investors have been pouring capital into the asset.

Second, demand from its derivatives traders has been strong this week. 

Data from CoinGlass shows that open interest in its futures market has increased from $30 million to $75 million within a single week. Adding to this, the long/short ratio has moved above 1, suggesting that most traders are leaning bullish. This means that market sentiment is heavily skewed toward further price appreciation as participants bet on higher targets.

Third, the weighted funding rate for the token has turned negative. With the sudden surge in Algorand price, this environment creates the perfect conditions for a potential short squeeze.

A short squeeze would force sellers to cover their positions, providing the necessary momentum to propel the token rally toward the $2 target.

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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MicroStrategy Wrote the Corporate Bitcoin Playbook Once: Can It Do It Again With STRC?

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MicroStrategy raised $1.56 billion through its Stretch (STRC) preferred stock in March 2026, funding roughly half of the month’s Bitcoin (BTC) purchases. Meanwhile, some peers across the Digital Asset Treasury (DAT) sector liquidated holdings.

The divergence highlights a widening gap between Strategy and a growing list of DAT firms forced to sell BTC amid suppressed prices and thinning margins. It also raises a key question for the sector. Could preferred equity instruments be the primary capital-raising tool for BTC-focused companies?

Strategy’s STRC Playbook Funds Billions in BTC as Rivals Sell

Strategy has accumulated nearly 90,000 BTC worth approximately $7.25 billion in 2026. That figure already equals 40% of its total 2025 purchases and represents 10 times the BTC it accumulated during the entire 2022 bear market.

STRC offers a cumulative dividend of 11.5% annually, paid monthly and adjusted to keep the instrument trading near its $100 par value. The yield and low volatility have driven significant demand. 

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Binance Research noted that trading volume in March hit a record $4.35 billion, up 95% from the prior month.

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MicroStrategy’s STRC Stock Issuance To Fund BTC Purchases
MicroStrategy’s STRC Stock Issuance To Fund BTC Purchases. Source: Binance Research

Meanwhile, some firms are heading in the opposite direction. For instance, MARA Holdings sold 15,133 BTC for roughly $1.1 billion to retire convertible debt. Riot Platforms offloaded 3,778 BTC worth $289.5 million in Q1 2026. Core Scientific sold 1,900 BTC in January. 

Genius Group liquidated its entire 84.15 BTC treasury on April 1. Nakamoto Holdings trimmed its reserves by approximately 284 BTC in March for about $20 million.

“While the broader Digital Asset Treasury (DAT) sector faces liquidity constraints amid suppressed BTC price action and shrinking mNAV premiums, Strategy is aggressively distancing itself from peers,” Binance Research wrote.

The contrast is stark. DAT firms are burning through BTC reserves to fund operations and manage debt while also battling heavy stock losses. Strategy, through STRC stock, has built an alternative funding channel that allows it to keep buying.

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Preferred Equity Contagion Has Begun

Strategy is no longer alone in this approach. Strive has raised over $250 million through SATA, a similarly structured preferred equity instrument with a 12.75% dividend. 

“If the STRC model proves continuously successful, sector-wide replication is imminent,” Binance Research suggested.

For DAT firms currently forced to sell BTC to cover operating costs and service debt, a preferred equity vehicle could offer an alternative. Rather than liquidating reserves at suppressed prices, companies could issue yield-bearing instruments that attract fixed-income capital and convert it into BTC purchases.

If this model gains broader adoption, it could establish what Binance Research describes as a “new sector-wide structural bid for Bitcoin.”

“However, aggressive issuance of STRC could quickly consume Strategy’s US$2B cash reserve, especially during unfavorable BTC price action. Critically, there is no baked-in structural floor for STRC if market conditions severely deteriorate,” the report added.

Whether this model spreads further may depend on how it performs through a sustained downturn. For now, MicroStrategy is buying while others sell, and the preferred stock playbook is at the center of it.

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The post MicroStrategy Wrote the Corporate Bitcoin Playbook Once: Can It Do It Again With STRC? appeared first on BeInCrypto.

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Constellation Brands (STZ) Q4 Earnings Preview: Wall Street Braces for Volatility

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STZ Stock Card

Executive Summary

  • Constellation Brands delivers Q4 FY2026 financial results on April 8
  • Consensus forecasts point to earnings per share between $1.71 and $1.74 with revenue around $1.87–$1.9 billion
  • Options market anticipates a ±5.6% price movement following the release — significantly above the 2.89% historical quarterly average
  • Beer segment revenue anticipated to remain steady at $1.71 billion year-over-year; Wine & Spirits revenue expected to decline 57.6%
  • Wall Street consensus leans Moderate Buy with a $169.00 average target price, suggesting approximately 11.77% potential upside

Constellations Brands prepares to unveil its fourth quarter Fiscal 2026 financial performance on April 8, drawing significant attention from the investment community.


STZ Stock Card
Constellation Brands, Inc., STZ

Wall Street forecasts are converging around earnings per share of $1.71 to $1.74, although UBS analyst Peter Grom takes a more conservative stance with a $1.59 projection — noticeably beneath the Street consensus. Revenue expectations range from $1.87 to $1.9 billion, representing an approximate 12–13% decline compared to the corresponding quarter in the previous fiscal year.

The anticipated revenue contraction stems predominantly from the Wine and Spirits division, where analysts project a dramatic 57.6% year-over-year decrease to approximately $194.97 million. This steep decline reflects Constellation’s divestiture of a substantial portion of that business segment, creating a challenging year-over-year comparison. Wine and Spirits operating income is forecast at a mere $2.39 million, a sharp contrast to the $99.70 million generated in the same period last year.

Meanwhile, the beer portfolio — featuring flagship brands Modelo and Pacifico — demonstrates resilience. Beer segment net sales are projected at $1.71 billion, essentially unchanged from the prior year period. Beer operating income expectations stand at $573.63 million, representing a modest decline from the $623.80 million recorded in last year’s fourth quarter.

Derivatives Market Signals Elevated Volatility Expectations

The options market is incorporating a ±5.6% price movement following the earnings announcement — substantially exceeding the stock’s 2.89% average post-earnings fluctuation across the previous four quarters. This elevated implied volatility indicates considerable market uncertainty surrounding the upcoming results.

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Grom from UBS recently elevated his price objective to $176 from $168 while maintaining a Buy recommendation. He cautioned that investor expectations have climbed heading into the release, noting that STZ shares don’t consistently rally even following positive results. His analysis suggests any post-earnings weakness would likely prove temporary.

Evercore ISI analyst Robert Ottenstein takes a more optimistic view on the forthcoming numbers. His EPS model of $1.73 exceeds consensus estimates, and he anticipates beer sales will surpass Street projections. Ottenstein cited encouraging distributor commentary and strengthening beer volume trends as catalysts supporting his bullish outlook.

Premium Beer Portfolio Drives Narrative

Modelo continues ranking among the top-performing beer brands across the U.S. marketplace, with that momentum serving as the primary driver behind STZ’s positive year-to-date performance.

Ottenstein recognized potential margin headwinds from cost pressures but characterized the overall demand environment as solid. Grom reinforced this perspective, highlighting favorable category momentum and consistent market share expansion.

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STZ maintains a Moderate Buy rating consensus across Wall Street — with nine Buy recommendations, five Hold ratings, and one Sell rating issued over the trailing three months. The consensus price target registers at $169.00.

During the past month, STZ delivered a +2.7% return, outperforming the S&P 500 composite’s -4.2% decline. The equity currently maintains a Zacks Rank #3 (Hold).

The Q4 financial results announcement is scheduled for April 8.

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