Crypto World
Ethereum ETFs enter first 7-day outflow streak of the year
U.S. spot Ethereum exchange-traded funds recorded seven straight days of outflows with over $390 million leaving the funds.
Summary
- U.S. spot Ethereum ETFs logged a seventh straight day of outflows, with over $390 million withdrawn amid weakening institutional demand.
- Capital rotation into BlackRock’s staked ETH ETF and safe-haven assets like gold reflects a broader risk-off sentiment tied to geopolitical tensions.
- Ethereum remains under pressure, down sharply from yearly highs, though declining exchange balances point to ongoing accumulation.
According to data from SoSoValue, the 10 spot ETH ETFs saw $92.54 million in net outflows on Thursday, March 26, primarily led by BlackRock’s ETHA with $140.24 million in outflows. The investment manager’s staked Ethereum ETF (ETHB) managed to offset a large portion of the outflows as it drew in $96.81 million on the day.
Following the outflows yesterday, these investment products have now seen redemptions for the seventh consecutive day, with a combined $391.65 million flowing out.
Before this streak, the ETFs recorded a six-day inflow run in which they drew in over $386 million. This suggests that institutional traders could be withdrawing from the market amid expectations of a prolonged conflict between the U.S. and Iran, destabilizing risk assets.
A part of this activity may also come from capital rotation into BlackRock’s ETHB, which offers investors native staking yields unlike the standard spot ETFs that simply track the price of the underlying asset. The firm previously noted that it would waive a portion of sponsor fees to remain competitive for the initial $2.5 billion in assets.
Besides this, investors have also been rotating capital from these ETFs towards traditional safe-haven assets such as gold and other precious metals as oil prices continue to retain upward pressure, sparking fears of global inflation and a hawkish Federal Reserve.
On the monthly scale, the ETH ETFs are close to completing their 5th straight month of net outflows that began in November last year, with nearly $2.85 billion in total exits.
Ethereum price has fallen over 45% from its year-to-date high to $1,815 in late February amidst the persistent ETF outflows and broader market downturn triggered by the U.S.-Iran war, rising energy costs, and diminished expectations of Federal Reserve interest rate cuts this year. At press time, Ethereum price was trading at $2,065, down 2.7% over the past 24 hours.
Market analysts, such as Tom Lee, Head of Research at Fundstrat and Chairman of Ethereum treasury company Bitmine, have called a market bottom for Ethereum, aligning with the firm’s aggressive accumulation of Ether as it advances towards its 5% target of the total circulating supply.
This comes as Ethereum balances on exchanges have fallen to an all-time low, a sign of accumulation, whether by retail investors or institutional giants such as Bitmine, likely positioning for much higher prices.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Publicly traded Bitcoin (BTC) mining companies sold more BTC in Q1 2026 than in all four quarters of 2025, as business conditions tighten for the mining industry.
Publicly listed BTC miners, including MARA, CleanSpark, Riot, Cango, Core Scientific and Bitdeer, have collectively sold more than 32,000 BTC in Q1 2026, according to TheEnergyMag.
The Q1 sales surpassed the 20,000 BTC sold in Q2 2022 during the crypto bear market triggered by the collapse of the Terra-Luna ecosystem, setting a “new record” for BTC miner sales in a single quarter, TheMinerMag said.
The sales come as hashprice, that is, the computing cost and a critical metric for miner profitability, sits at record low levels under $35 per petahash/second per day (PH/s), according to data from Hashrate Index.
That $35 PH/s level is the breakeven for many Bitcoin miners, particularly those running older mining machines, and the current hashprice of about $33 PH/s per day places about 20% of the mining industry in unprofitable territory.
The heavy BTC sales come as the mining industry struggles with increased competition represented by a rising hashrate, the total computing power expended by miners to secure the network, reduced block rewards and macroeconomic headwinds.
Related: Bitcoin miners face a tougher road to the 2028 halving
BTC held by miners has been declining long-term while treasury companies pour in
The Bitcoin Miner Reserve, a metric tracking all the BTC held by miners, has been gradually decreasing since 2023, according to CryptoQuant.
Bitcoin miners collectively held over 1.86 million BTC at the end of 2023, but only hold about 1.8 million BTC at the time of publication.
Miners periodically sell portions of their BTC to cover operating expenses, but a combination of lower crypto prices and rising energy costs has forced some miners to offload coins they would have held in their corporate treasuries.
“We expect further capitulation among higher-cost operators in H1 2026 unless BTC’s price recovers materially,” asset manager CoinShares said in its Q1 2026 Bitcoin Mining Report.
Standing in sharp contrast to the miners’ selling are Bitcoin treasury companies, like Strategy, which has been a regular buyer of the biggest crypto.
Michael Saylor, the co-founder of the biggest Bitcoin treasury company, earlier this week signaled that Strategy is acquiring more BTC, as the price retreated from the local high of over $73,000 reached this week.
“Think bigger,” Saylor said on Sunday, while sharing the chart of Strategy’s BTC purchase history that has become synonymous with imminent BTC acquisitions.
Magazine: Bitcoin mining industry ‘going to be dead in 2 years’: Bit Digital CEO
Tether, the stablecoin giant behind $185 billion USDT, has announced its support of a recovery plan to assist Drift Protocol following a devastating hack on April 1.
Drift, a Solana-based perpetual futures exchange, lost around $285 million after its team was allegedly infiltrated by North Korean-linked hackers to compromise a multisignature wallet.
The move will also see Drift “transition its settlement asset from USDC to USDT” and appears to be a “masterclass” bid for dominance on Solana where competitor Circle’s USDC is more popular.
Read more: Inside the $280M Drift hack: weeks of setup, minutes to drain
While USDT is far-and-away the crypto industry’s dominant stablecoin, on Solana, closest competitor USDC flips the script.
In the wider market, USDT’s market cap is over 2.3 times that of USDC’s $79 billion. But on Solana, USDC’s market cap of $8.1 billion is 2.65 larger than USDT’s $3.05 billion.
In replacing USDC, Tether claims it will bring “more than 128,000 users and over 35 ecosystem teams onto USDT-based trading… on one of Solana’s largest perpetual trading venues.”
Indeed, Drift Protocol’s pre-hack total value locked was $550 million, which would make it Solana’s eighth largest protocol by the same metric, ahead of real-world asset platforms Securitize and xStocks and decentralized exchange Meteora.
A long road to recovery?
The recovery plan is far from a straight-up reimbursement for users. It will instead see exchange revenue directed toward recovery, with “capital support… introduced progressively and aligned with performance.”
DeFiLlama’s 0xngmi remarked that it looks “closer to a plan where users recover their hacked amounts by trading on drift.”
Both a portion of exchange fees and outside support funds will be committed to a “recovery pool” for distribution to affected users. Drift also describes a planned token “intended to represent a claim on the recovery pool.”
With a nod to concerns raised in the wake of the hack, it explains that all core assets will be controlled by a new “community-based multisig,” using “dedicated signing devices, with transaction content independently verified.”
Going round in Circles
Circle has been repeatedly criticized over its failure to freeze funds in the aftermath of hacks and other illicit activity.
The Drift hack was one of the most egregious examples of this, as highlighted by blockchain investigator, and frequent Circle critic, ZachXBT.
Read more: Circle rarely freezes stolen funds but wants reversible transactions
Other examples include the SwapNet hack, where over $3 million of USDC sat unfrozen on Base hours after the event, and last year’s GMX hack in which $8 million was bridged using Circle’s own tool.
This latest incident appears to have finally landed USDC’s issuer in hot water.
A class action suit has reportedly been filed against Circle, accusing the firm of “knowingly permitting the attackers, reportedly tied to North Korea’s government, to offload $230 million of their spoils over the course of several hours by using Circle’s own stablecoin USDC and its blockchain bridge CCTP, instead of freezing the funds.”
Protos reached out to Tether for comment, but it didn’t respond immediately, we will update this piece if we hear back.
Got a tip? Send us an email securely via Protos Leaks. For more informed news, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.
Crypto World
Bitcoin Price Prediction Flips Bullish After Strategy Loads $1 Billion in BTC but Pepeto Is the Best Crypto to Buy Now
The bitcoin price prediction is running hot after Strategy dropped $1 billion on 13,927 BTC in a single week, lifting total holdings to 780,897 coins and leaving the company just 19,103 BTC from the 800,000 mark, per CoinDesk. That kind of corporate conviction while the Fear and Greed Index sits at 12 tells you exactly where the biggest buyer on the planet expects this market to go next.
BTC hit $76,000 on April 14, its highest since mid-March, as short liquidations and geopolitical easing drove a sharp rally per Bloomberg. Strategy funded the entire buy through STRC preferred stock, and the ticker printed a record $1.16 billion in daily volume on April 13 per CoinDesk. Pepeto crossed $9.04 million raised at $0.0000001863 with 183% APY staking compounding daily, and every day this presale stays open is one day closer to the listing that changes this price forever.
Institutional demand through ETFs now absorbs more than 100% of Bitcoin’s newly mined annual supply, building a structural squeeze that Bitwise calls the main driver behind its bitcoin price prediction that BTC prints a new all-time high before 2026 ends.
Goldman Sachs filed for a Bitcoin Premium Income ETF on April 14, joining BlackRock in building yield products around BTC. When the bitcoin price prediction lines up this cleanly with corporate buying and Wall Street expansion, presale tokens with real tools are the ones that catch the biggest wave.
Bitcoin Price Prediction Goes Institutional: Pepeto Is Where Smart Capital Moves Next
Pepeto stands as the best crypto to buy now after crossing $9.04 million raised while Bitcoin holds near $74,020 and the world’s largest corporate BTC holder keeps stacking during extreme fear.
Conviction keeps building because investors tracking the bitcoin price prediction understand the pattern. When BTC bounces off fear-driven dips, the altcoin wave that follows sends presale entries into return territory no big cap can reach.
The core problem Pepeto attacks is fragmentation. Traders jump between five or six platforms to bridge, swap, check contracts, and track positions, losing fees and time at every step. The exchange pulls all of that into one place.
From one dashboard, users bridge across Ethereum, BNB Chain, and Solana at zero cost, run risk scores on any contract before committing capital, and track their full portfolio on a single screen. The zero-fee engine keeps every dollar productive instead of leaking through hidden charges.
The result is real tools powering smart decisions instead of guesswork across broken platforms. The bridge, risk scorer, token engine, and portfolio tracker all run on smart contracts verified by a SolidProof audit, giving a security base most presales never come close to building.
At $0.0000001863 right now, a $10,000 position earns roughly $18,300 in annual staking rewards at 183% APY, putting about $1,525 per month straight into your wallet while the listing draws closer. The cofounder who created the original Pepe coin built Pepeto to capture exactly this kind of moment. Buying presales while fear runs the market is how the biggest fortunes in crypto have always started, and the confirmed Binance listing on Pepeto means this entry price gets wiped out the moment the first trade clears.
Bitcoin (BTC) Price at $74,020 While Bitwise Targets a New All-Time High
Bitcoin (BTC) trades near $74,020 on April 15 per CoinMarketCap, after punching above $76,000 on April 14 for its highest print since the February crash that drove prices to $60,000. Bitwise holds firm on its bitcoin price prediction that BTC will break its $128,198 all-time high before this year closes.
Every major desk keeps lifting its bitcoin price prediction, but BTC still needs to nearly double to reach those targets. By the time it arrives, every wallet that locked in Pepeto at six zeros will already hold returns that large-cap buyers would need years to match.
Conclusion
Every signal right now points to the same outcome. The bitcoin price prediction turning bullish, Strategy loading $1 billion in BTC during peak fear, Goldman Sachs filing a Bitcoin ETF, and the exchange infrastructure that merged meme energy with real trading tools standing ready to capture the full move.
The wealth built this cycle will belong to the people who found the tools, the builder, and the timing behind Pepeto before anyone else showed up. Visit the Pepeto official website today because the listing gets closer with every passing hour and the entry you see right now disappears the moment trading goes live.
Click To Visit Pepeto Website To Enter The Presale
FAQs
What is the bitcoin price prediction for 2026 and can presale tokens outperform BTC?
Bitwise and Standard Chartered both project Bitcoin will break its all-time high this year, roughly 2x from current levels. Presale tokens with confirmed listings and working tools historically deliver far larger multiples, and Pepeto at $0.0000001863 sits at that exact entry point.
Will Bitcoin (BTC) break its all-time high of $128,198 before 2026 ends?
Bitwise projects Bitcoin (BTC) will top $128,198 before December 2026, backed by ETF inflows absorbing over 100% of newly mined supply. Strategy’s $1 billion weekly purchase and 780,897 BTC total stack add corporate weight to that call.
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.
Charles Schwab, a heavyweight in the U.S. brokerage scene, plans to roll out spot cryptocurrency trading for retail clients in the coming weeks. The service will begin with Bitcoin and Ether, accessed through a dedicated crypto account linked to Schwab’s core brokerage platform, with custody handled by Schwab’s banking unit and trade execution facilitated through Paxos, the federally regulated trust company.
Schwab’s announcement places the firm among several traditional financial players expanding regulated crypto access for everyday investors. The company reported $12.22 trillion in total client assets as of February 2026, underscoring the scale it brings to any new crypto offering. Schwab already provides exposure to crypto through exchange-traded products, futures, and funds, and internal estimates suggest its clients collectively hold roughly 20% of spot crypto ETFs. The phased rollout will begin for eligible U.S. retail clients, with New York and Louisiana residents initially excluded.
Key takeaways
- Schwab will offer spot trading for Bitcoin and Ether to retail clients, via a separate crypto account linked to its brokerage platform, with custody by Schwab Bank and Paxos handling execution.
- The initial trading fee is 75 basis points per transaction, placing Schwab’s pricing above some U.S. crypto exchanges but on par with others for lower-volume traders.
- The service will be launched in phases over the coming weeks and will not be available to residents of New York and Louisiana at the outset.
- Schwab’s move extends its crypto footprint beyond ETFs, futures, and funds, reflecting a broader push by traditional finance into regulated crypto products and services.
Schwab’s custody model and how the service will work
Under Schwab’s plan, clients will access spot crypto trading through a distinct crypto account that sits alongside their regular brokerage activities. Assets will be held by Schwab’s banking subsidiary, adopting a custodial framework designed to integrate crypto assets into Schwab’s existing risk and compliance protocols. Execution will be provided via Paxos, a regulated trust company that has become a common partner for traditional institutions seeking compliant crypto trading rails. The design aims to blend crypto accessibility with the familiar Schwab experience—trading and viewing crypto alongside stocks and other assets across Schwab’s web, mobile, and Thinkorswim platforms.
The focus on custody and a trusted execution partner signals Schwab’s intent to reassure risk-conscious investors who have long viewed crypto as a separate, sometimes opaque corner of markets. By using a traditional banking arm for custody, Schwab aligns crypto holdings with its established custody standards and regulatory expectations, potentially reducing counterparty risk from a user perspective. However, the need to route trades through Paxos and vault assets in a bank-style custody structure also indicates a performance and settlement regime that may differ from highly automated, direct-exchange paths often seen in other fintech-friendly models.
Pricing, competition and pathway to broader access
From launch, Schwab’s spot-trading fee stands at 75 basis points per trade (0.75%). That rate sits higher than many crypto exchanges that have pitched low, volume-based pricing—Kraken’s public fee schedule, for example, starts around 0.25% to 0.40% and declines with higher trade volumes. By contrast, Schwab’s fee is broadly aligned with Coinbase’s lower-volume tier, which ranges from roughly 0.40% to 0.60%. The implication for traders is a decision point between the convenience and integrated experience Schwab offers and the typically cheaper on-exchange fees found on stand-alone crypto venues.
Schwab’s decision to set a higher introductory fee may reflect the value proposition of its custodial framework and the seamless integration with existing Schwab accounts. It also suggests a broader strategy: to render crypto trading part of a single, regulated, institution-backed suite of financial services rather than a separate crypto-only infrastructure. Investors will be watching how Schwab balances custody costs, regulatory compliance, and user experience as it expands beyond BTC and ETH to additional digital assets.
Industry context: incumbents expanding into crypto, while crypto-native firms push into traditional markets
Schwab’s move aligns with a wider industry trend of traditional financial firms embracing crypto as a regulated, investable asset class. In April, Morgan Stanley launched a spot Bitcoin ETF (MSBT) that drew $30.6 million in inflows on its first day of NYSE Arca trading, with total net assets reported around $87.6 million as of mid-April. The same month, Goldman Sachs signaled intent to offer a Bitcoin-linked ETF designed to generate income through options strategies, providing indirect exposure to Bitcoin while aiming to dampen volatility. These developments illustrate a bifurcated market where established banks seek regulated, structurally sound products for mainstream investors, while crypto-native platforms pursue hybrid offerings that bridge traditional markets and digital assets.
Meanwhile, on the crypto-native side, firms are expanding into traditional asset spaces in various ways. Coinbase began enabling trading for equities and ETFs on its platform, while Kraken explored tokenized equity perpetual futures, offering leveraged exposure to US stocks and other traditional assets. These moves reflect a broader experimentation with tokenized and digitized representations of conventional financial instruments, even as the regulatory backdrop continues to evolve for both fiat-backed and crypto-native vehicles.
Schwab’s announcement underscores a broader question for investors and builders: how far can regulated, mainstream financial infrastructure extend crypto access without compromising the guardrails that institutional players demand? The emphasis on custody, trust, and integrated account workflows suggests a future where crypto sits alongside traditional assets in standard brokerage environments, rather than existing as a niche appendage.
What this means for markets and readers
For Schwab’s clients, the introduction of spot crypto trading could simplify access to digital assets and consolidate reporting, tax documents, and custody within a single account framework. For the broader market, the move reinforces the trend of mainstream financial firms integrating crypto into their core product lines, which could spur greater investor participation and potentially shift liquidity and trading patterns as more participants gain regulated exposure. Yet, the phased rollout and geographic exclusions highlight that regulatory and state-level constraints remain a meaningful limiter on rapid, universal adoption.
As the rollout progresses, observers will be watching several key questions: How quickly will Schwab add other digital assets beyond BTC and ETH? Will the custody and settlement flow prove resilient at scale under higher-volume demand? And how will fee structures evolve as competition increases and the regulatory environment solidifies around crypto custody and market access?
With traditional finance expanding its footprint in crypto and crypto-native firms continuing to probe traditional markets, the next 12 to 18 months could reveal a more integrated, regulated, and widely accessible crypto trading landscape for ordinary investors. Market participants should keep an eye on regulatory developments, custody risk management, and the pace at which other legacy institutions emulate Schwab’s approach—or chart out alternative paths for their clients.
Readers should monitor Schwab’s rollout cadence, the list of supported assets, and any updates to access in previously restricted states. The broader takeaway is clear: mainstream financial institutions are continuing to incorporate crypto into conventional investing, signaling both opportunities and new risk considerations for users and builders alike.
BitTorrent Chain has upgraded the BTTC Bridge record page with dual views, richer filters and clearer tags so users can track incoming, outgoing and cross-chain flows faster.
Summary
- BitTorrent Chain has upgraded the BTTC Bridge transaction record page with new dual views and filters for cross-chain users.
- The update separates “All Records” from “In Progress” activity and adds multi-dimensional search by status, type and custom date range.
- Incoming, outgoing and cross-chain transactions now carry clearer visual tags to make following asset flows easier.
BitTorrent Chain has rolled out a functional upgrade to the BTTC Bridge transaction record page, aiming to give cross-chain users a clearer view of where their funds are and where they are going. According to the project’s official update, the new interface is now live and is designed to make tracking deposits, withdrawals and cross-chain moves “more efficient and transparent” for everyday users.
The refreshed page introduces a dual-view mode that splits activity into “All Records” and “In Progress,” allowing people who regularly move assets between BTTC, Ethereum, Tron and BNB Chain to quickly distinguish between completed and pending transfers. The team has also added a multi-dimensional filtering tool that lets users combine transaction status, operation type and custom date ranges in a single query, cutting down the time it takes to locate a specific bridge event.
As part of the same upgrade, BTTC says the bridge page now features stronger, dedicated markers for incoming, outgoing and cross-chain activities, visually flagging the direction and nature of each transaction. The goal, according to the team, is to help users “quickly locate the flow of funds,” a recurring pain point for less technical participants navigating multi-chain asset movements.
The latest tweak builds on a broader interface overhaul completed in late March, when BTTC redesigned the bridge to incorporate user feedback and streamline the overall flow. That earlier upgrade allowed users to send assets from BTTC addresses back to Ethereum without paying extra bridge fees beyond standard gas costs, while keeping the process fully decentralized and ensuring that private keys and asset details stay out of third-party hands.
BitTorrent Chain positions BTTC as a cross-chain layer connecting networks such as Tron, Ethereum and BNB Chain using a lock‑and‑mint bridge model, with the bridge itself sitting at the heart of that interoperability push. Its recent 2.0 mainnet upgrade to a proof‑of‑stake design, highlighted in BitTorrent’s own roadmap, was pitched as a way to boost throughput and make cross-chain transfers more reliable as volumes grow.
In previous crypto.news coverage of exchange and wallet UX improvements, reporters have noted that clearer transaction histories and better labeling can directly reduce support tickets, user errors and perceived security risks in cross-chain systems. BTTC’s latest bridge record upgrade moves in that same direction, giving power users more granular filters while offering newcomers a cleaner, less intimidating window into their on-chain activity.
Anthropic has released Claude Opus 4.7, its most advanced AI model to date, marking a significant upgrade in long-form reasoning, vision processing, and autonomous task execution.
The launch, announced on April 16, 2026, strengthens Anthropic’s position in the fast-moving enterprise AI race, where competitors are rapidly expanding capabilities for coding, analytics, and multimodal workflows.
A Major Leap in Capability and Control
Claude Opus 4.7 is designed to handle long-running, complex tasks with greater precision and reduced supervision, a key demand among enterprise developers and financial analysts.
According to Anthropic, the model “verifies its own outputs before reporting back,” improving reliability in high-stakes workflows such as software engineering and data modeling.
The update also introduces a new “xhigh” reasoning effort level, giving developers finer control over the balance between latency and computational depth.
A beta feature, task budgets, allows organizations to manage token usage across extended AI operations.
Stronger Vision and Multimodal Performance
One of the most notable improvements is in visual understanding. Opus 4.7 can process images at up to 2,576 pixels on the long edge (~3.75 megapixels). This is more than three times the resolution supported in earlier versions.
This upgrade unlocks new use cases in:
- High-fidelity document and diagram analysis
- Interface and slide generation
- Data extraction from dense visual materials
Anthropic says the model produces more refined outputs for professional-grade presentations and design tasks, especially in business environments.
Enterprise Tools and Developer Integration
Alongside the model, Anthropic introduced several platform upgrades. In Claude Code, a new ultrareview command performs automated deep code reviews, flagging issues that resemble human senior engineer assessments.
On cloud platforms including Amazon Bedrock, Google Cloud Vertex AI, and Microsoft Foundry, Opus 4.7 is available at the same pricing as its predecessor: $5 per million input tokens and $25 per million output tokens.
The company also highlighted improved instruction-following behavior, noting that prompts must now be more precise as the model executes instructions more literally than prior versions.
Safety, Cybersecurity, and Alignment Focus
Anthropic emphasized that Opus 4.7 maintains a similar safety profile to Opus 4.6, with improved resistance to prompt injection attacks and deceptive outputs in internal evaluations. However, the firm acknowledged mixed results in areas like overly detailed harm-related responses, highlighting ongoing alignment challenges.
A new Cyber Verification Program will allow security professionals to test the model in controlled environments for penetration testing and vulnerability research.
What Comes Next for Enterprise AI
Opus 4.7 signals a broader shift toward autonomous, tool-using AI systems built for sustained enterprise workloads rather than short interactions.
With competitors also advancing multimodal reasoning and agentic capabilities, the next phase of competition is expected to center on reliability, cost efficiency, and secure deployment at scale.
For enterprises, the immediate implication is that AI systems are moving from assistants to persistent operational agents reshaping how complex digital work is executed across software, finance, and analytics pipelines.
Meanwhile, Coinbase is reportedly courting Anthropic to bolster the exchange’s security infrastructure. Specifically, the exchange is reportedly pursuing access to Anthropic’s restricted Mythos AI model, a move inspired by Project Glasswing cybersecurity initiative launch.
While Anthropic touts Opus 4.7 as a breakthrough, the launch does not wipe from memory past instances of frustrating outages that left thousands of users locked out of Claude.ai and its tools this week. Scaling hype continues to outpace reliable infrastructure.
Additionally, its recent standoff with the Trump administration over military access has painted the company as both principled and vulnerable, raising questions about whether safety posturing serves users or just PR.
The post Anthropic Unveils Opus 4.7 as AI Rivalry Intensifies appeared first on BeInCrypto.
Cantor Fitzgerald has donated $10 million to Fellowship PAC, a crypto-focused super PAC chaired by Tether’s U.S. head of government affairs Jesse Spiro, according to Federal Election Commission filings disclosed Wednesday.
The donation comes at a moment when the line between traditional finance and crypto lobbying capital is becoming hard to define.
The headline number is large enough to matter. Whether it buys the regulatory outcomes the industry wants – and on what timeline – is the harder question.
- Donor: Cantor Fitzgerald committed $10 million to Fellowship PAC, disclosed in February FEC filings.
- Total raised: Wednesday’s FEC filing revealed $11 million in total contributions, including donations from other sources alongside Cantor’s $10 million.
- PAC leadership: Fellowship PAC is chaired by Jesse Spiro, Tether’s U.S. head of government affairs, and was established in 2025.
- Anchorage Digital: The digital asset bank separately contributed $1 million to Fellowship PAC.
- Spending to date: Fellowship has deployed $3 million on advocacy advertising and $1.5 million backing three Republican candidates, including Kentucky Senate candidate Nate Morris and Georgia Representative Clay Fuller.
- Cantor-Tether history: Cantor Fitzgerald has served as custodian for Tether’s reserve assets since 2021, making this donation an extension of an already entrenched institutional relationship.
- Political context: Fellowship PAC secured over $100 million in funding commitments ahead of the prior election cycle, positioning itself alongside rivals Fairshake and Defend American Jobs.
- Watch: FEC filings through 2025 and 2026 for additional commitments toward Fellowship’s $100 million goal and candidate endorsement patterns ahead of pivotal congressional sessions on crypto regulation.
How the Cantor-Fellowship Donation Actually Works, and What $10 Million Buys in Washington
A super PAC operates without contribution limits from corporations or individuals, provided it does not coordinate directly with candidates.
Fellowship PAC uses that structure to back pro-crypto candidates in federal races and fund issue-advocacy advertising – the $3 million already spent on advocacy ads is the clearest example of the latter in action.
Cantor Fitzgerald’s involvement is not a new relationship dressed up as political altruism. The firm has custodied Tether’s reserve assets since 2021, putting it at the center of the world’s most systemically significant stablecoin operation.
When Howard Lutnick, then Cantor’s CEO, now U.S. Secretary of Commerce, faced Senate confirmation hearings, lawmakers pressed him specifically on those crypto ties and their implications for liquidity markets and counter-terrorism financing policy.
Lutnick has since exited day-to-day operations; Cantor is now run by his sons. The $10 million donation follows that transition, which makes it a cleaner read on institutional intent rather than one executive’s personal calculus.
The firm is making a deliberate bet that pro-crypto regulatory outcomes in Washington are worth funding at scale.
The legislative target is not abstract. Congress is actively debating frameworks covering stablecoins and digital asset market structure under the CLARITY Act, and PAC money of this magnitude is aimed squarely at shaping who sits in the seats where those votes happen.
Anchorage Digital’s concurrent $1 million contribution to Fellowship signals the same logic from the crypto-native banking side.
The bullish read is straightforward: a $10 million check from a firm of Cantor’s standing signals that TradFi has moved from cautious observation to active political investment.
That is not the same as regulatory clarity arriving on any particular schedule. PAC spending influences candidate selection and creates political goodwill, it does not write legislation or guarantee floor votes.
The post Cantor Fitzgerald Donates $10 Million to Crypto PAC Led by Tether Executive appeared first on Cryptonews.
Chiliz (CHZ) surged 14.7% in the past 24 hours on April 16, trading at $0.0429 with a market cap of $441.9 million, as a convergence of technical and on-chain signals suggests a renewed push toward the $0.050 resistance zone.
Price broke above both the 20 and 50-period daily moving averages for the first time since the January 2026 fakeout. On-chain data shows exchange inflows near six-month lows, reinforcing the case for organic demand.
Daily Structure Points to a Breakout Attempt
CHZ has been building a base since February 2025, forming two distinct zones that have repeatedly absorbed selling pressure. The deeper support sits between $0.028 and $0.030. A secondary zone between $0.036 and $0.038 held on four separate occasions since mid-2025, with each rebound marked by green arrows on the chart.
On the resistance side, the $0.050 to $0.052 band has rejected CHZ at least three times over the same period (red arrows). In January 2026, the price temporarily pushed into the $0.062 to $0.064 region. That move failed quickly and price pulled back sharply through both resistance levels, resetting conditions for a more measured attempt.
The April 16 daily candle closed at $0.04314, above both moving averages for the first time since the January peak (blue ellipse). Volume registered a notable spike alongside the close, ending a prolonged downtrend in trading activity.
The RSI is rising from neutral territory and has not yet reached overbought levels. The MACD histogram has turned positive, indicating that bullish momentum is accelerating on the daily timeframe.
Prior analysis of CHZ highlighted the difficulty of sustaining closes above these averages, making the current structure notable.
Four-Hour Channel Points to $0.046
The four-hour chart presents a parallel ascending channel dating back to February 19. Price has respected both the upper and lower bands as well as the midline throughout the pattern. Four distinct midline touches (blue circles) confirm its role as a dynamic pivot.
Chiliz is now trading above the midline at $0.04292. The upper band near $0.046 represents the next near-term target. A sustained close above that level would expose the $0.050 zone, which aligns directly with the daily resistance band. CHZ has previously required a confirmed daily close above $0.050 to sustain any move into the higher range.
The four-hour RSI has climbed above 70, reflecting strong short-term momentum. The MACD remains positive but is beginning to lose steam, which may produce a brief consolidation before another leg higher.
A pullback toward the $0.036 to $0.038 zone would negate the current structure. There, the channel lower band converges with daily support to form a reinforced floor.
Chiliz Whale Activity and Low Inflow Support the Bullish Case
Santiment data shows that whale transaction count for CHZ, tracking transfers above $100,000, registered a modest uptick on April 16. The spike is small relative to the peaks recorded during the January 2026 rally and the December 2025 accumulation phase.
That context is constructive. It suggests large players are cautiously re-entering rather than aggressively positioning, a pattern that has historically preceded sustained moves. Prior rebounds driven by whale accumulation at similar structural support levels were followed by multi-week price advances.
Exchange inflow data reinforces that reading. The current inflow stands at just 1.09 million CHZ, one of the lowest readings over the past six months. For comparison, spikes above 200 million CHZ were recorded in November and December 2025 during periods of heavy distribution.
Low exchange inflow indicates that holders are not moving assets to selling venues. That dynamic is consistent with organic accumulation rather than manufactured price movement, the kind of setup that preceded each of CHZ’s recoveries from the $0.036 to $0.038 support zone over the past year.
Chiliz may extend toward $0.046 in the near term, then test the $0.050 to $0.052 resistance band. A decisive daily close above $0.052 could open the path toward the $0.062 to $0.064 region last visited during the January fakeout.
A failure to hold $0.038 would shift the probability back toward the deeper $0.028 to $0.030 accumulation zone and suggest the current breakout attempt has run out of fuel.
The post Chiliz Eyes $0.05 as On-Chain Data and Parallel Channel Confirm Bullish Setup appeared first on BeInCrypto.
The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump.
About a quarter of the CFTC’s staff has left since 2025, under Trump’s demands that the federal workforce be cut significantly, according to agency records. But the CFTC is also being called upon to regulate new and rapidly growing arenas for cryptocurrency and the prediction markets.
“Tools such as AI are going to be very helpful in surveilling and bringing the investigations, and we’re incorporating that into various workflows,” Selig told lawmakers of the House Agriculture Committee at a Thursday hearing, citing widespread use of Microsoft’s Copilot AI tool as one productivity aid. When asked about the staff declines at his agency, Selig said, “we are running more efficiently and effectively.”
“We’re putting a lot on your plate with digital assets, and we’re obviously going down this path with prediction markets,” noted committee Chairman Glenn “GT” Thompson. He sought an assurance from the CFTC chief that if he finds himself “in a situation where you know the need for additional qualified staff emerges” that he’ll ask the panel for help.
“Absolutely,” Selig responded.
He asserted that proper enforcement of the markets is a “top priority” of his, though the CFTC budget request for next year asked for only three more enforcement staff to make 108 people — still about 23% shy of the 140 the division had in 2025.
The Digital Asset Market Clarity Act that the Senate continues to work on would elevate the CFTC into a central role over non-securities crypto trading, which would include transactions in leading assets such as bitcoin and Ethereum’s ether (ETH). The agency is also claiming a dominant legal jurisdiction over the prediction markets such as at leading firms Polymarket and Kalshi, which are rocketing from levels measured in the millions of dollars a year ago to multiple billions now.
Selig’s Democratic predecessor, former Chairman Rostin Behnam, had routinely argued that the agency would need more people to oversee crypto and didn’t have the resources to police the world as prediction markets spread in depth and in a virtually unlimited breadth of contract topics. During Selig’s brief tenure, the prediction markets have erupted in accusations of insider trading, a few of which have been addressed by the firms themselves. But the markets have drawn heavy scrutiny on certain trades around U.S. military actions and government statements that suggest small numbers of anonymous traders made significant money on correct bets, suggesting the potential for insider trading from people with government insight.
The chairman acknowledged “numerous investigations ongoing” in prediction markets, though he wouldn’t quantify a number or discuss their focus. He said the regulated platforms are the first line of defense against insider trading, fraud and market manipulation in the hundreds of new markets (binary event questions) that emerge every day on the platforms, while the CFTC itself is a second line of defense.
“We regularly reject contracts,” Selig noted. “We’re actively reviewing what’s out there,” he said, adding that his agency has a “zero tolerance” policy for illicit market activity.
“Anyone who engages in that behavior will face the full force of the law,” he said.
But Representative Angie Craig, the committee’s top Democrat, argued that “the agency’s workforce is stretched too thin,” especially considering the agency’s role as the “primary regulator of two of the fastest growing and most volatile markets.”
“We must give the CFTC the staff, the funding and the clear statutory authority it needs to do its job,” Craig said.
The personnel declines at the regulator includes the commission itself, which is supposed to have five members under the law — including two commissioners from the minority party — but which has been left by the White House as a solitary posting of Selig. The chairman was questioned repeatedly about that during the Thursday oversight hearing, including whether he’d proceed with major rules as a one-person commission.
“We cannot for the sake of the American people slow down our rulemaking,” he said, suggesting he’ll move alone on new regulations. The CFTC is pursuing a preliminary rule process to set up guardrails for U.S. prediction markets, and Selig has also pushed policy initiatives in crypto.
Read More: CFTC sues Illinois, Arizona, Connecticut over states’ sports prediction market efforts
Bitcoin trades below the profitability threshold for active holders, with early signs of BTC demand offering limited price support for now.
Bitcoin (BTC) hit range highs above $76,000 on Wednesday, but Glassnode analysts say data suggest that calling for the start of a new bull market is premature.
New capital inflows have stayed weak, with Bitcoin’s growth rate remaining negative across all 105 trading days in 2026, highlighting a gap between stable price action and limited new demand.
Bitcoin profitability signal remains unresolved
Glassnode analyst CryptoViz.art uses the true market mean (TMM) to estimate the average cost basis of active BTC investors. The metric divides investor capitalization by liveliness-adjusted circulating supply, filtering out inactive coins and the lost supply.
Bitcoin crossed below this level on Jan. 31 and has stayed there for 75 days. The move placed the average active holder in a loss position, with a peak drawdown of 20% and a current gap of about 5% below the entry level.
Historical comparisons show 10 similar breaks since 2016, with durations ranging from two days to over 11 months. The deepest drawdowns reached 57% during the 2018–2019 and 2022–2023 cycles, while the March 2020 event saw a 40% decline over 49 days. The analyst added,
“That said, 75 days is still early. The 2018 and 2022 episodes didn’t bottom until months 5-9. The signal isn’t “all clear” — it’s watch closely.”
Reclaiming the TMM, currently at $78,013, is key for active investors to return to profit, and it has aligned with momentum resets in earlier cycles.
Related: Adam Back says Bitcoin’s post-quantum shift may reveal true Satoshi stash
BTC capital outflows shape the price ceiling
Bitcoin researcher Axel Adler Jr. points to a steady outflow of capital from the BTC market. The 365-day growth rate of market cap relative to realized cap has remained negative for all 105 trading days in 2026, with the latest reading at -0.000652.
In simple terms, the market is not attracting enough new money to support higher prices.
The 30-day realized cap change shows the same trend. Only seven days saw positive inflows this year, all during a brief period in mid-January. Since Jan. 23, the metric has stayed negative, though it has improved slightly to -0.32% from early April lows near -0.54%.
Realized cap has also dropped to $1.08 trillion from $1.12 trillion since the start of the year, a 3.23% decline.
Adler Jr. said the recent improvement signals a slowdown in BTC outflows, not a bullish reversal. A meaningful shift would require both metrics to turn positive and hold above zero for a sustained period.
Related: Morgan Stanley’s Bitcoin fund overtakes WisdomTree after 6 trading days
This article is produced in accordance with Cointelegraph’s Editorial Policy and is intended for informational purposes only. It does not constitute investment advice or recommendations. All investments and trades carry risk; readers are encouraged to conduct independent research before making any decisions. Cointelegraph makes no guarantees regarding the accuracy or completeness of the information presented, including forward-looking statements, and will not be liable for any loss or damage arising from reliance on this content.
Major Bitcoin Mining Companies Sold More BTC in Q1 2026 Than All of 2025
Braxton Berrios: SPOTTED: Braxton Berrios sparks dating buzz with new blonde Hollie Ford amid Alix Earle
The Mitchells are back! First look at Grant’s explosive EastEnders return | Soaps
Why Israel is blocking foreign journalists from entering
Bitcoin: We’re Entering The Most Dangerous Phase
Alan Cumming Brands Baftas Ceremony A ‘Triggering S**tshow’
XRP HOLDERS IT’S TIME TO SAY GOODBYE?! I HAVE SOME BAD NEWS FOR XRP…AND SOME GOOD!
Ripple XRP YieldGate: The BIGGEST Financial Scam Of The Century (Federal Reserve EXPOSED)
Desperate Meghan Markle becomes a Masterchef judge for the money on humiliating Australian tour
-
Politics6 days agoUS brings back mandatory military draft registration
-
Sports6 days agoMan United discover Nico Schlotterbeck transfer fee as defender reaches Dortmund agreement
-
Fashion6 days agoWeekend Open Thread: Veronica Beard
-
Politics7 days agoMalcolm In The Middle OG Turned Down ‘Buckets Of Money’ To Appear In Reboot
-
Politics4 days agoWorld Cup exit makes Italy enter crisis mode
-
Business6 days agoTesla Model Y Tops China Auto Sales in March 2026 With 39,827 Registrations, Beating Cheaper EVs and Gas Cars
-
Crypto World3 days agoThe SEC Conditionalises DeFi Platforms to Be Avoided for Broker Registration
-
Crypto World3 days agoSEC Signals Exemption for Crypto Interfaces From Broker Registration
-
News Videos1 day agoSecure crypto trading starts with an FIU-registered
-
NewsBeat4 days agoPep Guardiola and Gary Neville agree over Arsenal title problem that benefits Man City
-
Business5 days agoIreland Fuel Protests Enter Day 5 as Blockades Spark Shortages and Government Prepares Support Package
-
Business6 days agoOpenAI Halts Stargate UK Data Centre Project Over Energy Costs and Copyright Row
-
Politics7 days agoLBC Presenter Mocks Trump Over Iran War Failures
-
Crypto World6 days agoFederal judge blocks Arizona from bringing criminal charges against Kalshi
-
NewsBeat2 days agoTrump and Pope Leo: Behind their disagreement over Iran war
-
Crypto World3 days agoSEC Proposes Certain Crypto Interfaces Don’t Need to Register as Brokers
-
NewsBeat4 days agoJD Vance announces ‘no agreement’ with Iran over nuclear weapons fear
-
Tech7 days agoA version of Windows 10 released a decade ago is now eligible for additional security patches
-
Business6 days agoIMF retains floor for precautionary balances at SDR 20 billion
-
Business6 days agoFormer Liverpool CEO eviscerates FIFA for World Cup ticket pricing
You must be logged in to post a comment Login