Crypto World
Arthur Hayes challenges Multicoin’s Samani to $100K HYPE bet
A public feud between two high-profile crypto investors has turned into a proposed six-month price wager.
Summary
- Hayes offered a six-month bet on HYPE’s performance against large-cap altcoins.
- The challenge followed sharp criticism from Multicoin’s Kyle Samani.
- The wager highlights growing debate over Hyperliquid’s structure and value.
BitMEX co-founder Arthur Hayes has challenged Multicoin Capital co-founder Kyle Samani to a $100,000 bet over the future performance of Hyperliquid’s HYPE token.
The proposal was posted on X on Feb. 8, 2026, after Hayes reposted and responded to Samani’s sharp criticism of the project.
Under the terms outlined by Hayes, the bet would run from 00:00 UTC on Feb. 10 through 00:00 UTC on July 31, 2026. During that period, Hyperliquid (HYPE) would need to outperform any altcoin with a market capitalization above $1 billion on CoinGecko.
Samani would be allowed to select the comparison token. The loser would donate $100,000 to a charity chosen by the winner. The exchange comes as Hyperliquid and its token remain in focus among derivatives traders, even as the wider market trades under pressure.
Dispute over Hyperliquid’s structure and leadership
The bet follows weeks of criticism from Samani, who has repeatedly questioned Hyperliquid’s design and governance.
In recent posts, Samani said the platform’s code is not fully open-source, relies on a permissioned distribution model, and is led by a founder who left his home country to launch the business. He also accused the project of enabling criminal activity and described it as fundamentally flawed.
Hayes rejected those claims and framed the debate in market terms. He argued that if HYPE is truly a weak asset, it should fail to outperform other large-cap tokens over time. If it succeeds, he said, critics should reconsider their views.
The dispute gained traction after analyst Jon Charbonneau praised Hyperliquid’s trading execution, comparing it favorably with traditional venues such as CME. That commentary helped re-ignite debate over whether newer on-chain derivatives platforms can compete with established exchanges.
As of press time, Samani had not publicly confirmed whether he would accept the wager.
Hayes’ purchases and Multicoin-linked accumulation
The wager has drawn attention partly because of Hayes’ recent buying activity. According to on-chain data, Hayes spent approximately $1.91 million in early February 2026 to acquire 57,881 HYPE tokens. His entire holdings increased to about 131,807 tokens, which at the time was worth about $4.3 million.
These acquisitions, which came after the sales of PENDLE, ENA, and LDO, indicate a deliberate shift toward Hyperliquid. In September 2025, Hayes had sold about 96,600 HYPE tokens for roughly $5.1 million, locking in profits amid concerns about token unlocks and competition. His recent accumulation marks a renewed vote of confidence in the project.
Additionally, wallet data indicates that in late January 2026, addresses linked with Multicoin began accumulating HYPE. Reports indicate that more than 87,100 ETH was swapped for around 1.35 million HYPE tokens, worth over $40 million at the time, through intermediaries such as Galaxy Digital.
This accumulation took place while Samani continued to take a critical public stand, which complicated the ongoing discussion. However, in early February, Samani transitioned into an advisory position at Multicoin, resigning from daily management. Some observers believe this transition may have influenced the fund’s recent positioning.
For now, Hayes’ proposed bet stands as a rare public test of conviction in a market where opinions and capital flows often move in different directions. Whether Samani accepts the bet or not, the episode has placed renewed focus on Hyperliquid’s role in the evolving crypto derivatives landscape.
U.S. spot Bitcoin ETFs bled roughly $296 million in net outflows between March 24 and March 27, as a broad risk-off shift tightened its grip on global markets. The reversal was sharp – Monday opened with $167.2 million in inflows before sentiment collapsed entirely by week’s end.
Friday delivered the killing blow: $225.5 million in single-day outflows, led by heavy redemptions from BlackRock’s IBIT. The week’s total marks one of the most decisive institutional de-risking episodes since the ETF products launched in January 2024.
- $296M in net outflows recorded across U.S. spot Bitcoin ETFs, March 24–27, led by IBIT redemptions of $225.5M on Friday alone.
- Macro pressure is compounding – triple-digit oil, fading ceasefire hopes, and end-of-quarter rebalancing all cited as drivers by multiple analysts.
- BTC price support sits at $65,600–$65,107; a break below that zone would signal structural deterioration rather than tactical repositioning.
Discover: The best pre-launch token sales
ETF Flow Data Points to Institutional De-Risking – But Is It Structural?
Thursday, March 26, alone saw $171.12 million exit across all 11 spot Bitcoin ETF products – the largest single-day outflow in over three weeks. BlackRock’s IBIT shed $41.92 million that day, while Fidelity’s FBTC, Grayscale’s GBTC, Bitwise’s BITB, and ARK’s ARKB each recorded $20–30 million in redemptions. The breadth matters: this wasn’t an issuer-specific bleed – it was coordinated institutional de-risking across the board.
That distinction matters. When outflows concentrate in a single fund, the read is operational or reputational. When every major product sells simultaneously, the signal is macro.
Josh Gilbert, market analyst at eToro, put it plainly: “Risk-off is clearly the mood amongst markets,” pointing to Bitcoin’s slide to a three-week low and the S&P 500’s fifth consecutive weekly loss – its longest losing streak since 2022. “The macro forces working against it are compounding,” he added. “Triple-digit oil is fuelling inflation fears, which pushes rate cut expectations further out, which in turn removes the very catalyst that risk assets need to find a floor.”
Bitcoin’s slide below $67,000 amid rising treasury yields had already flagged deteriorating risk appetite before the ETF data confirmed it. Geopolitical escalation compounded the pressure – President Donald Trump’s comments to the Financial Times, suggesting the U.S. could “take the oil in Iran” and potentially seize Kharg Island, rattled commodity and risk markets simultaneously.
Peter Chung, head of research at Presto Labs, said the risk-off tone was the primary driver, though he noted the outflow “doesn’t seem that dramatic compared to the recent trends.”
Pratik Kala, head of research at Apollo Crypto, echoed that read, calling the $290 million figure “quite normal” and attributing it to “risk-off sentiment and end-of-quarter rebalancing.”
Long-term holder balances remain stable, indicating tactical repositioning rather than a structural exit from Bitcoin exposure. Cumulative ETF investments had surpassed $2 billion in recent weeks before this pullback, underscoring how quickly institutional adoption accelerated through early 2026.
Can Bitcoin ETFs Demand Recover – Or Is More Outflow Pressure Coming?
The price structure gives traders a clear framework. Key support sits at $65,631–$65,107, the February 12–19 lows, with a secondary floor at $65,619 – the March 8 low.
A clean break below $65,600 would shift the read from tactical reset to something more concerning for demand structure. Resistance is parked at $71,880, the March 25 high.
Gilbert flagged a ceasefire as the most immediate catalyst for a “strong relief rally,” but warned that without credible de-escalation, markets face “more choppy sessions ahead.” The Fed rate outlook is the second variable – geopolitical factors weighing on Bitcoin are compressing any near-term case for policy relief.
Three scenarios are live. A ceasefire or dovish Fed signal reopens inflow momentum, and BTC reclaims the $71,000 zone. Base case: choppy, range-bound flow data through April as macro uncertainty persists and ETF demand stays muted. Bear case: a break below $65,100 triggers forced selling and a second wave of institutional outflows that dwarfs last week’s total.
The week’s Monday-to-Friday reversal – from $167.2 million inflows to $225.5 million single-day outflows – is the clearest signal that institutional conviction is conditional right now, not structural. Traders navigating this environment should watch weekly ETF flow totals as a leading indicator for BTC price direction, not a lagging one.
Discover: The best crypto to diversify your portfolio with
The post Bitcoin ETFs See $290M in Outflows as Risk-Off Sentiment Intensifies appeared first on Cryptonews.
The ECB now accepts tokenized securities as collateral, lifting DLT into its toolkit while X erupts over Axiology’s XRP Ledger roots and “no XRP” disclaimer.
Summary
- The European Central Bank now accepts DLT‑issued tokenized securities as collateral for Eurosystem credit operations, effective March 30, 2026.
- Axiology, one of the first eligible platforms, is built on XRP Ledger open‑source code, but the ECB says this does not mean it uses public XRP.
- The distinction has split Crypto X, with XRP supporters trying to frame the move as de facto XRP adoption while critics push back.
The European Central Bank has started accepting tokenized securities issued on distributed ledger technology as eligible collateral for Eurosystem credit operations, in what many in European markets see as a watershed moment for on‑chain finance. The change, effective March 30, 2026, follows months of preparation under the ECB’s digital finance and wholesale DLT experimentation agenda, and gives banks a way to post properly structured tokenized assets against central bank liquidity. The decision has quickly become the most discussed topic on Crypto X, in part because one of the early platforms in focus, Axiology, is built using open‑source XRP Ledger code.
The nuance that is driving arguments is simple but politically charged. In documentation and technical clarifications around its collateral framework, the ECB has stressed that using XRP Ledger–based infrastructure “does not imply the use of the public XRP token” and that all eligible collateral must meet existing eligibility and risk‑control criteria regardless of the technology used. That has not stopped XRP‑aligned accounts from trying to spin the development as proof that “XRP is now ECB collateral,” while critics point out that the central bank is explicitly separating the underlying open‑source code base from the freely traded XRP asset tracked on the XRP price page.
Behind the social‑media noise, the policy shift fits into a broader pattern of European experimentation with DLT in wholesale markets. The ECB has run multiple trials on tokenized bonds and central bank money settlement, and has signalled that its collateral framework can be “technology‑neutral” as long as legal, operational and risk standards are met. According to a January discussion that first went viral when X user IOV_OWL highlighted the upcoming change, the new rules open the door for banks to use DLT‑issued securities from approved platforms as if they were conventional collateral, subject to familiar haircuts and eligibility checks.
Market participants say the move could gradually expand eligible pools of repo collateral and support the emerging real‑world asset segment, where tokenized bonds and funds aim to compress settlement cycles and reduce intermediaries. In a previous crypto.news story on tokenization, European pilots of tokenized government bonds were framed as a way to test whether on‑chain settlement can safely plug into the ECB’s monetary operations without undermining stability. Another crypto.news story on RWAs noted that infrastructure built on public‑chain code, including variants of ethereum and XRP Ledger, is increasingly being adapted for permissioned institutional contexts.
For XRP holders, any association between the XRP Ledger and a major central bank is fuel for a long‑running narrative that the token could one day sit at the heart of cross‑border settlement. XRP maximalists on X have seized on Axiology’s architecture to claim that “the ECB now backs XRP,” even as the official documents underline that collateral eligibility is tied to the legal issuer and risk profile of the tokenized security, not to XRP itself.
From a market‑structure perspective, analysts warn that conflating open‑source code usage with token adoption risks misleading investors about what central banks are actually doing. In another crypto.news story on central bank digital currency pilots, legal experts stressed that most wholesale DLT experiments are designed to remain walled off from public tokens such as bitcoin, ethereum or XRP, even when they borrow code or concepts. As the ECB’s framework beds in, the more substantive question will be how quickly volumes in tokenized collateral grow—and whether other central banks follow—rather than how far social‑media narratives can stretch the XRP connection.
Crypto World
Crypto News: Is the Market Dead Again ? While Pepeto Shows High Growth Potential and ETH and XRP Keep Building
Every crash produces the same headline: crypto is dead. The crypto news cycle printed that claim after FTX collapsed, after the 2022 bear wiped $2 trillion, and after Bitcoin fell 50% from its October 2025 high. Wallets that bought during peak fear built the returns the crowd paid a premium for later.
With over $8 million in presale capital and a Binance exchange debut drawing closer, Pepeto offers both real exchange tools and a clear path to early positioning. For anyone tracking crypto news, this presale gives the rare chance to lock in 150x potential before exchange trading begins.
Crypto News Says the Market Is Dead, but Three Events This Week Prove the Opposite
Strategy holds 762,099 BTC purchased for $57.69 billion and added another $76.6 million last week below its own cost basis (CoinDesk).
Square auto enabled Bitcoin Lightning payments for four million merchants on March 30, and BNP Paribas launched six crypto ETNs the same day (LiveBitcoinNews).
Crypto news calling the market dead while the largest corporate buyer, a major payment processor, and Europe’s biggest bank all expand crypto operations in the same week is noise, not signal.
Market Headlines, Presale Capital, and the Entry Fear Is Hiding
Why Pepeto Is the Crypto News Story the Headlines Have Not Written Yet
With the Binance exchange debut drawing closer, Pepeto is emerging as the presale the crowd discovers after the window closes, and committed wallets are already taking notice. Rounds are filling faster than projected, and passing on this entry risks losing the only presale with a confirmed exchange listing and working tools behind it.
Pepeto is not another token built on hype alone. The risk scorer catches scams and surfaces contract problems before a trade costs money, protecting capital the way no meme token has before. Every contract check flows through a transparent verification layer for holders who need answers before the trade, not after the loss.
That protection does not fade when narratives shift. Whether capital chases memes, DeFi, or AI tokens, the demand for contract verification before buying stays constant. That is why Pepeto attracts committed capital even while fear keeps the index at 9. PepetoSwap processes every trade at zero cost across multiple chains, and the bridge connects networks without charging a cent on transfers, both live before the exchange debut. A SolidProof review locked down every smart contract, and a former Binance expert on the dev team secured the exchange path that most presales chase for years without finding.
Staking at 191% APY compounds for wallets inside, building positions while the crypto news audience reads about recovery timelines. For wallets searching for the right entry, this is the moment to act because the presale at $0.000000186 gives the 150x distance from entry to exchange that the Pepe ATH math confirms, and the Binance debut closes that window permanently.
Ethereum (ETH)
Ethereum trades near $1,999 according to CoinMarketCap, down more than 60% from its October 2025 peak, with the ETH to BTC ratio at multi year lows.
Pectra in April could shift sentiment. Declaring ETH dead ignores $233 billion in market cap, but recovery requires months of rotation the presale entry today does not need.
XRP
XRP holds $1.32 after the SEC classified it as a digital commodity on March 17, ending a five year legal battle (24/7 Wall St).
Spot ETFs hold $1.44 billion in inflows and Standard Chartered targets $2.80 to $8.00. From $1.32 with an $80 billion cap, returns measure in percentages while the presale multiplier measures in multiples.
Crypto News Will Shift From Fear to FOMO, and the Presale Closes Before It Does
With ETH underperforming and XRP waiting for institutional flows, Pepeto is clearly the crypto news entry the market has not priced yet. The listing approaches fast, marking the close of the entry early wallets acted on before the crowd had reason to look.
Searching for answers in the market news led here, and Pepeto through the Pepeto official website is the answer that search was pointing toward because a working exchange backs every token the listing will price.
Over $8 million flowing in during extreme fear proves the investors inside already see where this is going, and the ceiling on a project with real exchange tools has no comparison to anything built on hype alone. The investors who lock in their position before this presale closes are the ones who will remember this exact moment as the day everything changed, and the ones who hesitate will spend the rest of this cycle watching those returns belong to someone else.
Click To Visit Pepeto Website To Enter The Presale
FAQs:
What is the biggest crypto news story right now?
Strategy adding BTC below cost, Square enabling Lightning for four million merchants, and BNP Paribas launching ETNs all in one week proves crypto is expanding, not dying.
Why is Pepeto the crypto news entry to watch this cycle?
Over $8 million committed during extreme fear, the original Pepe cofounder, and a Binance debut make the Pepeto official website the presale institutional products cannot access.
Is it smart to enter crypto during extreme fear?
Every cycle’s biggest returns came from entries made during fear, and Pepeto at presale pricing with a SolidProof audit and exchange tools gives the verified entry serious wallets are choosing.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
The Senate Banking Committee is targeting the week of April 13 for Kevin Warsh confirmation hearing as Federal Reserve chair, citing two sources familiar with the matter.
The timeline puts Warsh on a direct path to replace Jerome Powell before his May 15 term expiration – and it puts a known rate hawk one confirmation vote away from the world’s most influential monetary policy seat.
For crypto traders, that distinction matters.
- Confirmation Timeline: Senate Banking Committee hearing expected the week of April 13, contingent on Warsh completing his paperwork submission; hearing date described as “fluid.”
- Policy Implications: Warsh has publicly called for “regime change” in Fed rate and balance sheet policy, flagging the current Fed’s “hesitancy to cut rates” as a mark against it – signaling a more aggressive easing posture if confirmed.
- Market Signal: Confirmation resistance from Senators Warren and Tillis introduces delay risk; a stalled timeline past May 15 extends policy uncertainty that has historically pressured risk assets including BTC.
Warsh’s Rate Doctrine and What It Means for the Fed’s Next Move
Warsh is not a caretaker appointment.
The 55-year-old served on the Fed’s Board of Governors from 2006 to 2011, the youngest governor in the institution’s history, and helped navigate the 2008 financial crisis. Trump transmitted his dual nomination to the Senate on March 30: a 4-year term as Chairman and a 14-year term as Board Member. This is a structural reshaping of Fed leadership.
Warsh has already signaled the direction. He told CNBC in July that the Fed’s reluctance to cut rates was a mark against them and called for regime change in how the institution manages both rates and its balance sheet. That is not a continuation of Powell’s measured approach. It is an accelerant toward easier policy.
Political resistance is the live variable. Senator Elizabeth Warren is pushing back on structural grounds. Senator Thom Tillis has said he will oppose Fed nominees until a DOJ probe into Powell over renovation expenses at Fed office buildings reaches a resolution. Two opposition holds create a real confirmation drag risk.
For crypto, the directional read is constructive. Elevated Treasury yields have repeatedly compressed Bitcoin valuations during prior tightening cycles.
A Warsh-led Fed pivoting toward faster cuts relieves that pressure structurally. Every week of Senate delay extends Powell’s tenure and preserves the current cautious posture. Traders pricing in a Warsh pivot need to account for both wildcards. A stalled hearing pushes the inflection point into May and compresses the window before Powell’s term expires.
The Fed’s regulatory posture toward crypto is also in play. A new chairman with a mandate for institutional reform could reset how the Fed engages with digital asset firms seeking master account access and regulatory clarity.
Discover: The best pre-launch token sales
What to Watch
The April 13 week is the first hard date on the calendar. Warsh’s paperwork completion is the gating item – any delay in submission slides the hearing and tightens the confirmation window ahead of Powell’s May 15 exit. Watch for the Senate Banking Committee to formally schedule the hearing, which locks in the timeline.
After the hearing, the committee will vote next. A successful committee vote followed by Senate floor scheduling could deliver confirmation by late April. A hold from Tillis – or procedural delay driven by the DOJ-Powell probe – extends the process and leaves rate policy in Powell’s hands past the May deadline. Powell has confirmed he will remain chair until his successor is officially confirmed, meaning there will be no gap. But every day of delay is a day the current rate posture remains in place.
If Warsh clears the committee and reaches a floor vote without holds, confirmation before May 15 is achievable. That outcome would represent the clearest macro catalyst for risk assets – including crypto – since the rate cycle began.
Discover: The best crypto to diversify your portfolio with
The post Fed Nominee Kevin Warsh Confirmation Hearing Expected Week of April 13 appeared first on Cryptonews.
Siren (SIREN) price has surged 109% in 24 hours to a $1.21B cap, up 9,095% from its low, as traders on X argue over “real DeFi” versus a coordinated pump.
Summary
- Siren (SIREN) price has jumped 109% in 24 hours, lifting its market cap to about $1.21 billion with $164.5 million in daily volume, according to CoinGecko.
- The token has now risen roughly 9,095% from its March 2025 all‑time low and is trading near $1.75.
- The move has sparked heated debate on X over whether SIREN is a real DeFi success story or a coordinated pump.
Siren’s SIREN price has exploded into the top‑60 crypto assets by market capitalization after a 109% single‑day gain, putting the project at the center of one of this week’s most polarizing debates on X. CoinGecko data show SIREN changing hands at about $1.75, with a market cap around $1.21 billion and 24‑hour trading volume of roughly $164.5 million, numbers more commonly associated with established DeFi names than relative newcomers. At current levels, the token is up an eye‑catching 9,095% from its March 2025 all‑time low, prompting some traders to draw comparisons with earlier cycle hyper‑performers that went from obscurity to multi‑billion‑dollar valuations in a matter of months.
On X, one of the main threads tracking the move has framed the question bluntly: “Is this an actual DeFi protocol gaining traction, or just another coordinated pump?” That split tone captures the mood in trading circles, where some accounts point to rising on‑chain activity around SIREN’s contracts and liquidity pools, while others note that a large share of volume is concentrated on a small number of venues—often a red flag in past episodes of aggressive, short‑term speculation. For now, concrete protocol metrics remain sparse compared to more established DeFi platforms, leaving traders reliant on price, volume and address growth rather than audited revenue or fee data.
SIREN is marketed as a DeFi‑focused token, with community advocates describing it as part of a new wave of permissionless trading and liquidity tools rather than a meme coin or simple governance wrapper. That puts it, at least thematically, in the same broad category as tokens tied to platforms like Uniswap or GMX, where value is supposed to accrue from trading fees, liquidity incentives and protocol usage. But where those projects publish detailed dashboards and historical metrics, the information around SIREN’s underlying economics and roadmap is still patchy, which helps explain why the X debate has tilted so sharply toward the “pump versus traction” framing.
In previous crypto.news coverage of sudden DeFi rallies, similar patterns have emerged: thin float, concentrated holdings and aggressive social media campaigns can combine with low liquidity to produce triple‑digit daily moves, only for prices to retrace once early buyers take profits. Another crypto.news story on whale‑driven breakouts documented how large wallets moving into and out of small‑cap tokens can amplify these swings, especially when retail traders are chasing green candles without clear fundamentals. A separate crypto.news story on market structure highlighted how fragmented liquidity and high funding rates in derivatives can further magnify upside and downside in these episodes.
With SIREN now sitting near $1.75 and a $1.21 billion market cap, the immediate question is whether the token can sustain its top‑60 status or whether it will follow the pattern of past parabolic moves that faded once attention shifted elsewhere. Traders will be watching for signs of organic growth—such as rising unique users, protocol fees and total value locked—rather than just continued spikes in volume and social mentions. If SIREN does evolve into a genuine DeFi protocol with durable usage, this week’s 109% jump could be remembered as the moment it was “discovered.” If not, it risks joining the long list of tokens whose charts tell the story of a spectacular, but ultimately short‑lived, pump.
President Trump has rescheduled his planned Beijing state visit to May 14–15, 2026, after the escalating Iran conflict forced the White House to pull its diplomatic bandwidth away from US-China diplomacy and toward managing a rapidly deteriorating Middle East crisis. The postponement puts the 2025 trade truce – the architecture holding tariff ceilings and tech export frameworks in place since October – under immediate structural stress.
Beijing’s response has been blunt. Chinese officials, according to reporting by Modern Diplomacy, are operating at what sources describe as “low expectation and zero enthusiasm,” with internal frustration mounting over what they characterize as a pattern of US-initiated delays on high-level engagement. That framing matters because a trade framework without a summit to anchor it is just a handshake agreement – and handshakes expire.
- Postponement Trigger: The Trump Beijing Visit has been rescheduled to May 14–15, 2026, with the White House citing the Iran conflict and Strait of Hormuz volatility as the primary cause for pulling the President’s travel calendar.
- China’s Response: Beijing officials are signaling frustration, describing the delay as part of a pattern of US sidelining – a posture that directly threatens the stability of the Trade Truce 2026 framework negotiated at the October 2025 Busan summit.
- What to Watch: Whether White House planning for the Beijing trip solidifies ahead of May 14, and whether tech CEO intervention keeps EV battery and AI chip supply chain talks on the summit agenda despite the Iran-driven distraction.
Discover: How Iran Deadline Extension Is Weighing on Bitcoin and Risk Assets
What the Beijing Delay Actually Means for Trade Truce 2026
The October 2025 Busan meeting between Trump and Xi – a 90–100 minute session that Trump rated “12 out of 10” – was always understood as the opening act, not the deal itself.
The Beijing state visit was supposed to be the closing ceremony: bilateral commitments on EV battery manufacturing quotas, AI chip export ceilings, and reciprocal tech supply chain disclosures that Busan outlined but never formalized.
None of that gets done over a phone call. The May postponement doesn’t just push dates – it compresses the negotiating window at precisely the moment that Strait of Hormuz disruptions are already squeezing maritime supply chains that run through both US and Chinese manufacturing ecosystems.
Internal leaks cited by Modern Diplomacy describe White House planning for the trip as “scattershot,” with several high-profile tech CEOs reportedly attempting to intervene and keep trade interests on the agenda despite the administration’s Iran-driven distraction.
That is not a healthy diplomatic posture heading into the most consequential bilateral summit of 2026.
The Iran conflict’s direct market mechanics compound the problem. Geopolitical risk-off pressure has already driven BTC below key support levels, as elevated Treasury yields and energy price uncertainty push institutional capital away from risk assets.
A prolonged diplomatic vacuum between Washington and Beijing – two economies accounting for roughly 43% of global GDP – deepens that risk repricing across equity, commodity, and crypto markets simultaneously.
Beijing’s “forever wait” framing is a negotiating signal, not just a complaint. Chinese officials are telegraphing that patience for US-China Diplomacy has a price, and that price is being paid in eroding confidence in the Trade Truce 2026 architecture.
Discover: BTC USD Price Action Under Geopolitical Pressure
What to Watch Before May 14
The critical variable is whether the Iran conflict produces a durable ceasefire or negotiated pause before the rescheduled Beijing dates. If Strait of Hormuz tensions de-escalate sufficiently for the White House to shift diplomatic attention eastward, the May 14–15 summit window holds – and markets will read that as a stabilizing signal for risk assets tied to US-China trade continuity.
If the Iran conflict runs past April with no resolution in sight, the Trump Beijing Visit faces a second postponement. A second delay would almost certainly fracture the goodwill built at Busan and hand Beijing’s skeptics the political argument they need to slow-walk the Trade Truce 2026 implementation. Watch specifically for whether US tech sector lobbying produces any concrete agenda items in White House briefings before May 1 – that’s the deadline by which summit logistics need to be confirmed to hold the May dates.
The summit is still on the calendar. But a calendar entry and a functioning diplomatic framework are not the same thing. Right now, only one of those exists with confidence.
The post Trump’s Beijing State Visit in Doubt as Iran Conflict Drags On appeared first on Cryptonews.
What you get back from a gambling platform matters just as much as what you put in. Bonuses, rakeback, fees, withdrawal speeds, and loyalty perks all determine whether a platform is working for you or just taking your money efficiently. FanDuel dominates the regulated US market with a massive brand and a slick product. ZunaBet is a 2026 arrival that has been picking up steam among crypto gamblers looking for better returns. These two platforms target overlapping audiences but deliver very different experiences. Here is where your money actually goes further.
What FanDuel Offers
FanDuel grew out of daily fantasy sports and became one of the biggest legal sportsbooks and online casinos in the United States. It is owned by Flutter Entertainment and operates under individual state licenses wherever it is available. That regulatory framework gives it legitimacy in the US market but also limits what it can offer depending on where you live.
The sportsbook is one of FanDuel’s strongest assets. It covers NFL, NBA, MLB, NHL, soccer, tennis, golf, MMA, and other major sports with competitive odds and a well-designed betting interface. The mobile app is consistently rated among the best in the industry for speed and usability.
The casino side includes slots, table games, and live dealer options, though the game library is smaller than what many offshore or crypto platforms carry. Available titles depend on the state, and the provider list is more limited than what players on unregulated platforms have access to.
Welcome promotions on FanDuel rotate based on the time of year and the sport in season. Typical offers include no-sweat first bets, bet-and-get promotions, and bonus bet credits. Casino-specific bonuses tend to be more conservative, often topping out at a few hundred dollars in matched play depending on the state. These promotions are fine as introductory offers but do not deliver the kind of value that some competing platforms now provide.
FanDuel handles payments through traditional channels: bank transfers, debit and credit cards, PayPal, Venmo, and similar options. Withdrawal processing can take anywhere from a few hours to multiple business days depending on the method. Some options carry fees.
The rewards program lets players accumulate points through wagering, which can be exchanged for bonus bets or casino credits. It functions as expected but does not offer tiered benefits, escalating returns, or any particularly memorable progression structure.
What ZunaBet Offers
ZunaBet went live in 2026. It is owned by Strathvale Group Ltd, carries an Anjouan gaming license, and was constructed by a team with over two decades of collective online gambling experience. The platform was not converted from a fiat casino. It was designed from the ground up with cryptocurrency as the backbone of every transaction.
The game library immediately stands out. Over 11,000 titles from 63 providers are available, spanning slots, RNG table games, and live dealer experiences. Providers include Pragmatic Play, Hacksaw Gaming, Yggdrasil, BGaming, and Evolution. That kind of selection dwarfs what most traditional platforms offer, including FanDuel, where state regulations and a narrower provider list keep the catalog significantly smaller.
Sports betting is fully embedded in the platform. The sportsbook handles football, basketball, tennis, NHL, combat sports, and virtual sports alongside esports markets covering CS2, Dota 2, League of Legends, and Valorant. A single account manages both casino and sportsbook activity, making it simple to move between the two without juggling balances or logins.
More than 20 cryptocurrencies are accepted: BTC, ETH, USDT across several blockchain networks, SOL, DOGE, ADA, XRP, and others. ZunaBet applies no processing fees on its end, and withdrawals are built to clear fast. Dedicated apps exist for iOS, Android, Windows, and MacOS, with live chat available 24 hours a day.
Bonus Value: Modest vs Generous
FanDuel’s promotions are decent for a regulated platform but modest by broader industry standards. A no-sweat first bet up to $1,000 on the sportsbook side means you get bonus credits back if your initial wager loses, but you do not receive matched deposit funds to play with. Casino welcome bonuses vary by state and typically land in the low hundreds. These offers serve as a nice introduction but do not dramatically extend your bankroll.
ZunaBet opens with a welcome package totaling up to $5,000 plus 75 free spins delivered across three deposits. The first deposit receives a 100% match up to $2,000 and 25 free spins. The second gets a 50% match up to $1,500 and 25 spins. The third gets a 100% match up to $1,500 and another 25 spins. This staggered approach means bonus funds and free spins keep arriving across your first several visits, which encourages continued engagement rather than front-loading everything into one session.
The gap in upfront value is wide. A player looking to maximize their starting position gets meaningfully more from ZunaBet. A $5,000 bonus ceiling with free spins on top is several times what FanDuel typically provides, giving new players far more room to explore games and find their footing.
Long-Term Rewards: Flat vs Progressive
How a platform rewards you after the welcome bonus runs out is where the real financial impact shows up.
FanDuel uses a points-based system. You earn points as you play and redeem them for bonus bets or credits. The structure is flat and predictable in a way that does not offer much upside. There are no major tier jumps, no increasing percentages, and no system that meaningfully rewards you more the longer you stay.
ZunaBet built its loyalty program around a dragon evolution concept with six clearly defined tiers. Squire returns 1% rakeback. Warden returns 2%. Champion returns 4%. Divine returns 5%. Knight returns 10%. Ultimate returns 20%. Free spins increase with each tier up to 1,000 spins. VIP club access and double wheel spins add further value at the higher levels. A dragon character named Zuno ties the whole experience together, making progression feel more like leveling up than collecting generic points.
Every part of ZunaBet’s loyalty program is visible from the day you sign up. Tiers, rewards, and requirements are all laid out clearly. There is no ambiguity and no hidden criteria. At 20% rakeback at the top tier, the long-term return on wagering is substantial. FanDuel’s rewards system does not approach that level of ongoing value for regular players.
The Transaction Gap
Money moving in and out of a platform is where hidden costs live, and this is an area where the two platforms could not be more different.
FanDuel relies on traditional payment infrastructure. Bank transfers, cards, and digital wallets are the available options. Withdrawal times range from same-day for certain methods to several business days for others. Processing fees depend on what you use. Every transaction passes through banking systems and regulatory verification, which adds time and occasionally creates delays, particularly for larger cashouts.
ZunaBet operates entirely on cryptocurrency. Deposits arrive quickly. Withdrawals process without waiting for banks to open. No processing fees are applied by the platform. Supporting over 20 coins, including USDT on multiple blockchain networks, means players can move funds using whichever cryptocurrency is most convenient for them at the time.
Over the course of regular play, these differences compound. A FanDuel player making weekly deposits and occasional withdrawals absorbs transaction delays and potential fees that a ZunaBet player simply does not face. The cost savings and time savings on a crypto-native platform are not dramatic on any single transaction, but they are meaningful over months of play.
Two Platforms, Two Eras
FanDuel is a strong product within its lane. For American players who want a legally regulated sportsbook with a great mobile app and name-brand trust, it delivers. The product is polished, the sportsbook odds are sharp, and the brand carries weight. If operating within the regulated US market is your priority, FanDuel does that job well.
ZunaBet operates outside that regulatory framework but offers more at nearly every other touchpoint. A bigger welcome bonus, a vastly larger game library, broader cryptocurrency support with no fees, faster payouts, and a loyalty program that returns up to 20% rakeback with complete transparency. For players who are comfortable with crypto and want their platform to match how they actually handle money, ZunaBet delivers more tangible value from the first deposit onward.
FanDuel represents where online gambling has been for the past several years — polished, regulated, and built for the fiat world. ZunaBet represents where it is going — crypto-powered, globally accessible, and designed for a new generation of players who measure a platform by how much it gives back rather than how familiar its name is. When the question is where your money goes further, ZunaBet answers it convincingly.
Bill Ackman, founder and CEO of Pershing Square Capital Management, attends the Milken Conference 2025 in Beverly Hills, California, U.S., May 6, 2025.
Mike Blake | Reuters
Billionaire investor Bill Ackman said the current market dislocation has created one of the most attractive entry points for high-quality companies in years, urging investors to look past macro fears and lean into what he sees as deeply discounted opportunities.
“Some of the highest quality businesses in the world are trading at extremely cheap prices,” Ackman wrote in a post on X late Sunday. “One of the best times in a long time to buy quality. Ignore the bears.”
The founder of Pershing Square Capital Management pointed to what he described as a highly asymmetric setup in select names, singling out U.S. mortgage giants Fannie Mae and Freddie Mac as “stupidly cheap,” with the potential to deliver outsized returns in a relatively short period.
Ackman’s bullish stance comes at a time when markets have been rattled by rising energy prices, sticky inflation concerns and shifting expectations around Federal Reserve policy. The recent bout of volatility has pushed valuations lower across a range of sectors, even as economic uncertainty continues to cloud the outlook.
“One of the most one-sided wars in history that will end well for the U.S. and the world. And we have the potential for a large peace dividend,” Ackman wrote.
President Donald Trump offered investors hope that an end to the war against Iran is drawing near. While the president added that “great progress has been made,” he also said that if a peace deal is not reached “shortly” and the Strait of Hormuz is not “immediately” reopened, the U.S. would attack key Iranian energy infrastructure.
Pershing Square Holdings, the firm’s London-listed closed-end fund, is down 19% year to date as of last Tuesday, its website showed.
Earlier this month, Pershing Square filed to list on the New York Stock Exchange under the ticker “PS,” a move that would give public investors direct exposure to the firm’s concentrated portfolio of large-cap investments.
The listing would effectively turn Ackman’s investment vehicle into a permanent capital structure, echoing the model used by Warren Buffett‘s Berkshire Hathaway.
Tether has launched its gold‑backed XAUt token on BNB Chain, pairing tokenized bullion with USDT on a network that already hosts roughly $3.2 billion in real‑world assets.
Summary
- Tether has launched its tokenized gold product XAUt on BNB Chain, expanding its multi-chain footprint.
- Each XAUt is backed 1:1 by one troy ounce of physical gold stored in Swiss vaults, with around 1,800 bars (over 22,100 kg) in reserve.
- BNB Chain now hosts about $3.2 billion in real‑world assets with more than 41,000 holders, reinforcing its role in the RWA market.
Tether has deployed its tokenized gold asset Tether Gold (XAUt) on BNB Chain, bringing physical bullion deeper into the on-chain financial system with faster settlement and broader user access. XAUt tracks the price of gold by representing ownership of specific bars stored in secure Swiss vaults, with each token pegged 1:1 to one troy ounce, giving holders exposure to gold without traditional custody or logistics. Tether says the vaults currently hold roughly 1,800 bars backing the product, amounting to more than 22,100 kilograms of gold, while its existing dollar stablecoin tether links users to on‑chain cash via USDT’s large market.
In announcing the launch, Tether CEO Paolo Ardoino framed XAUt’s expansion as part of a broader effort to merge hard assets with digital rails and near‑instant transfer. He described the initiative as “integrating gold into the digital financial system with instant settlement,” arguing that tokenized metals can act both as a store of value and as collateral in decentralized finance or institutional workflows. The BNB Chain deployment builds on XAUt’s presence across multiple networks and extends its reach to more than a dozen chains via Tether’s USDt0 transport layer, while bitcoin continues to anchor crypto’s risk spectrum, with its price tracked on the bitcoin page.
For BNB Chain, hosting XAUt is another step in its strategy to become a core venue for real‑world assets. The network now ranks as the second‑largest RWA blockchain globally, with around $3.2 billion in tokenized assets issued and more than 41,000 on‑chain holders, putting it behind only ethereum in raw RWA scale while offering lower transaction costs. Those metrics strengthen BNB Chain’s pitch as a home for tokenized commodities, treasuries and credit products that can settle more quickly and cheaply than in legacy systems. In a previous crypto.news story on tokenization, issuers highlighted how RWAs can compress settlement cycles and reduce intermediaries for global investors.
The Tether XAUt integration arrives as tokenization has become a central narrative for both crypto‑native projects and traditional finance giants experimenting with on‑chain funds and bonds. Large asset managers are piloting tokenized securities, while stablecoin issuers are branching into non‑fiat instruments to diversify revenues and deepen their role in the market. Another crypto.news story on RWAs noted that on‑chain credit and treasury products increasingly sit alongside ethereum‑based DeFi, blurring the line between TradFi and crypto liquidity.
XAUt now sits next to USDT on BNB Chain, creating a two‑asset stack of digital cash and digital gold that can be deployed in trading pairs, DeFi collateral pools or hedging strategies that mirror the traditional “dollar plus bullion” allocation. For traders and treasurers, a token mapping directly to a troy ounce of gold backed by specific bars offers a familiar risk profile, but with the added flexibility of on‑chain transfers, programmable settlement and composability with lending and derivatives protocols.
From a competitive standpoint, the launch underlines how aggressively large stablecoin issuers are moving into the RWA segment, not only to capture fee income but to lock in network effects across chains. As more institutional and retail users gain access to tokenized metals and treasuries via BNB Chain and similar networks, the divide between traditional commodities markets and crypto‑native liquidity pools is likely to narrow further. In a recent crypto.news story on stablecoins, analysts stressed that products like USDT and tokenized gold could become core building blocks for “Finance 2.0,” with price discovery for assets such as tether, bitcoin and ethereum increasingly happening on‑chain rather than in legacy venues.
Crypto World
Crypto like COIN, HOOD have bottomed heading into earnings and trades at a ‘big’ discount, Bernstein says
Crypto-linked equities are nearing a bottom heading into first-quarter earnings, according to Wall Street broker Bernstein, which said the sector’s roughly 60% drawdown from 2025 highs has created “big businesses at big discounts.”
“The combination of geopolitics and temporary crypto weak sentiment is offering big discounts on crypto stocks,” analysts led by Gautam Chhugani said in the Monday report.
The broker expects near-term weakness to persist through Q1 results but views current levels as an entry point into companies with exposure to large and growing markets, including stablecoins, tokenization, prediction markets and derivatives.
Since peaking in October 2025, crypto markets have undergone a sharp and sustained correction, with bitcoin falling roughly 40%–50% from record highs near $126,000 and the broader digital asset market value declining by about $2 trillion.
The selloff, driven by a mix of macro pressures, regulatory uncertainty and unwinding leverage, has erased much of the prior bull run’s gains and weighed heavily on crypto-linked equities, pushing sentiment into a more cautious phase heading into 2026.
Against that backdrop, the analysts revised their price targets while maintaining an upbeat longer-term outlook. The broker maintained outperform ratings on Coinbase (COIN), Robinhood (HOOD) and Figure (FIGR).
It lowered its Coinbase price target to $330 from $440, Robinhood’s target to $130 from $160, and Figure’s target to $67 from $72. Coinbase was trading around $165.50 at publication time, Robinhood at $67.10, and Figure at $31.14.
The analysts said a combination of macro uncertainty and weak crypto sentiment has weighed on valuations, but expects a turn as earnings clarify fundamentals and sentiment stabilizes into the rest of the year.
The call comes as the broker said last week that bitcoin has likely found its bottom and is primed for further gains, and reiterated its $150,000 year-end price target.
Read more: Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target
Bitcoin ETFs See $290M in Outflows as Risk-Off Sentiment Intensifies
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