Crypto World
why state-led identity is the future
Welcome to our institutional newsletter, Crypto Long & Short. This week:
- Tricia Gallagher on how the fix for broken digital identity systems will need to be state-led and user-controlled.
- Top headlines institutions should pay attention to by Francisco Rodrigues.
- Crypto TCG gacha volumes hit all-time high as CARDS token surges 52% in Chart of the Week.
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Expert Insights
Fighting fraud in the digital age: why state-led identity is the future
By Tricia Gallagher, founder and principal, Treasury Solutions Info Tech (TSIT)
The United States has lost an estimated $5 trillion to fraud and improper payments across government programs.
That number should stop us in our tracks.
Yet most policy responses still focus on detection, recovery and enforcement. They miss the underlying issue. Fraud at this scale is not a compliance failure — it is an infrastructure failure and at its center is identity. Addressing it requires a shift away from band-aid solutions toward a re-architecture of our digital identity framework.
There is a growing movement around the idea that identity — and control over access to personal data — belongs to the individual, not to banks, technology platforms or even the government. Even within the financial system, where data use is more tightly regulated, individuals often lack meaningful visibility or control. Data sharing operates through broad, one-time consent frameworks that enable ongoing access and reuse of financial data with limited transparency. More importantly, when consumers cannot actively direct how their data is shared and used, they are limited in their ability to access new and tailored financial services — constraining innovation, reducing competition and slowing economic growth.
This dynamic is even more pronounced in the technology sector, where personal data is routinely collected, aggregated and monetized at scale. Across both domains, individuals have limited awareness of who has access to their data and how it is used.
At its core, this model requires individuals to surrender control of their identity and personal data to participate. These systems are not only inefficient, they expand the surface area for misuse and security breaches. More fundamentally, they erode individual agency and undermine the very notion of inalienable rights in the digital age.
Two major policy debates in Washington reflect this tension: one focuses on reducing fraud and improper payments; the other centers on control of consumer financial data. They are treated as separate issues, but in reality reflect the same structural gap.
Policymakers are responding, but largely within the constraints of the current system. Congressional efforts to update the Gramm-Leach-Bliley Act focus on consumer data control through opt-in and opt-out regimes. At the same time, the Trump Administration has elevated fraud prevention through expanded oversight and increased data sharing across agencies. Since January 2025, more than a dozen federal initiatives — including an interagency fraud task force — have been launched.
On one side, policymakers are pursuing incremental privacy improvements. On the other, they are expanding access to sensitive government data to combat fraud. The result is continued reliance on centralized data pools, combined with limited individual control over how personally identifiable information (PII) is accessed and used. These architectures increase exposure, create attractive targets for bad actors and remain difficult to secure at scale.
The core challenge is not simply data protection. It is how to enable trusted verification and privacy while preserving individual control over access to personal data. Without that control, individuals are required to relinquish how their data is accessed and used, undermining a core inalienable right in the digital economy. This is where states have a critical role to play.
States have long served as the primary issuers of identity through birth records, driver’s licenses and other foundational credentials. This positions them to lead the next phase of digital identity infrastructure. The future of digital identity will require states to become the anchor of trust — not by expanding data collection, but by re-architecting how that trust is expressed: shifting from centralized data silos to privacy-preserving, user-controlled credentials.
Utah provides a clear example. Through legislation taking effect in May 2026, the state has introduced a Digital Identity Bill of Rights that places individuals at the center of how their identity is used and shared. It establishes clear principles to enable user control, data minimization, restricted surveillance and verification based only on what is necessary. At its core is a simple reality: trust in financial systems requires authoritative identity. Access to public funds and services depends on verified eligibility, and states already fulfill this role.
The goal is not to remove the state, but to modernize how trust is expressed. By shifting to privacy-preserving, user-controlled credentials, states can reduce fraud, improve transparency and strengthen accountability.
As federal debates continue to focus on managing data within legacy systems, states have an opportunity to lead in a fundamentally different direction — one that reduces reliance on centralized data and restores individual control over identity and personal information. The future of digital finance will not be defined by speed alone, but by whether systems uphold both trust and rights.
Identity is the bridge between the two.
Headlines of the Week
This week delivered a blend of significant developments across geopolitics, global regulation, and decentralized finance.
Stablecoins were a key focus globally, with the Federal Deposit Insurance Corp. formally proposing its approach to U.S. federal rules and a group led by HSBC and Standard Chartered receiving Hong Kong’s first stablecoin licenses.
Meanwhile, crypto entered geopolitical tensions as Iran explored collecting transit fees in cryptocurrency for oil tankers passing through the Strait of Hormuz. The Strait has since been blockaded by the U.S. navy.
Chart of the Week
Crypto TCG gacha volumes hit all-time high as CARDS token surges 52%
The crypto Trading Card Game (TCG) gacha market — where players spend crypto to open randomised digital card packs — hit a record $36 million+ in weekly volume on April 13th, 2026, continuing the uptrend post the range-bound move in February. CARDS/USD, the largest tokenised trading card index, appears to be responding, surging 52% in the last 24 hours as on-chain card collecting sentiment recovers.
Listen. Read. Watch. Engage.
TLDR
- Bitcoin climbed to $76,100 but failed to close above the $75,000 resistance level.
- The asset ended the session at $74,164 after sellers defended the key supply zone.
- Bitcoin rebounded 15.8% from $65,692 earlier this month before pulling back.
- The $72,000 level continues to act as short-term support for the current range.
- The 50-day moving average at $69,680 could provide support if the price declines.
Bitcoin price faced renewed selling pressure near $75,000 after another failed breakout attempt. The asset reached $76,100 on Tuesday but closed below resistance. Despite the pullback, technical indicators still show room for further upside.
Bitcoin Price Tests $75,000 Resistance Again
Bitcoin (BTC) climbed to $76,100 on Tuesday, marking its highest level since early February. However, sellers pushed the price down before the daily close. The asset ended the session at $74,164 after failing to hold above $75,000.
Earlier this month, Bitcoin rebounded from $65,692 and gained 15.8% to reach the recent peak. It has since retained about 8.45% of that advance. On March 17, Bitcoin also touched $76,000 but fell back to $73,920 after facing strong supply.
The repeated rejection at $75,000 confirms the level as firm resistance. Sellers continue to defend the zone, which limits upward movement. Bitcoin trades at $74,036 at the time of writing.
The price also encountered the 100-day simple moving average near the resistance zone. This moving average stands at $94,935 and adds technical pressure. As a result, bulls failed to secure a daily close above the barrier.
Failure to break resistance increases the risk of a decline toward $68,000 and $65,000. The 50-day moving average at $69,680 could provide support if the price drops. Market structure remains dependent on holding key levels.
Bitcoin Price Holds $72,000 Support as Indicators Stay Positive
Bitcoin price continues to hold the $72,000 micro support level identified by analyst Michael van de Poppe. He stated, “Holding $72,000 opens the path toward a new breakout.” The level now acts as a short-term foundation.
Van de Poppe projected a move toward $80,000 to $85,000 if Bitcoin closes above $75,000 with strong volume. He said the move could occur before the end of April. Such a rally would return Bitcoin to levels last seen in late January.
The daily Relative Strength Index stands at 60.74, which signals room before overbought conditions above 75. The reading reflects steady momentum without extreme conditions. Buyers still maintain control under current levels.
The Moving Average Convergence Divergence also supports bullish momentum. The MACD line reads 1,201.91 and remains above the signal line at 590.84. Green histogram bars continue to expand on the daily chart.
Bitcoin must secure a decisive close above $75,000 to confirm renewed upward momentum. Until then, the price remains within a defined range. Current data shows Bitcoin trading at $74,036.
Bitcoin stalls near $75,000 on Gate as traders test a familiar resistance band after bouncing from $68,000 support that has repeatedly defined this cycle’s downside line.
Summary
- Bitcoin trades at $75,000 on Gate with 1.19% daily gain.
- Move comes after weeks of choppy range between $68,000 and $75,000.
- Traders watch if BTC can finally clear the $75,000 ceiling.
Bitcoin (BTC) surged to $75,000 on Gate’s BTC/USDT market on April 15, marking another test of the level that has capped every major rally this year.
According to Gate market data, BTC/USDT is currently quoted at $75,000 with a 24‑hour increase of 1.19%, after touching an intraday high near $74,949 and a low around $73,510.
The latest push higher extends a rebound that began when Bitcoin bounced from roughly $68,000 support, a range that crypto.news recently described as “the last line of defense” before deeper downside.
In a recent crypto.news story, Bitcoin was trading near $74,400 after a more than 5% intraday jump, with the outlet flagging $75,000 to $76,100 as the “next meaningful resistance” tied to February’s pre‑war swing high.
That zone has repeatedly rejected upside attempts; earlier coverage noted that $73,000 to $75,000 has “capped every rally” since the US‑Iran ceasefire, forcing altcoins like ETH, SOL and DOGE to lag whenever BTC stalls below a clean breakout.
RootData, citing Gate’s order book, similarly reported that “BTC/USDT is currently reported at $75,008.8, with a 24‑hour increase of 5.65%,” underscoring how quickly momentum can accelerate once Bitcoin approaches this band.
The latest move unfolds against a backdrop of strong spot and derivatives flows, with prior crypto.news analysis highlighting that ETF inflows, whale accumulation and short liquidations have repeatedly driven spikes as Bitcoin reclaims key psychological levels such as $70,000 and $75,000.
While the current gain of 1.19% on Gate is modest compared with earlier 5% surges, traders are watching whether sustained closes above $75,000 can finally confirm a technical breakout and reopen the path toward Bitcoin’s all‑time high near $125,600 set in late 2025.
For broader context, previous reporting on Bitcoin’s sharp drop below $75,000 during April 2025 circuit‑breaker events showed how quickly the level can flip from support to resistance when macro risk and leverage unwind collide, a dynamic still in the back of traders’ minds as BTC revisits the mark today.
Relevant crypto.news articles referenced in the piece include this story on Bitcoin’s $68,000 support and $75,000 ceiling, this analysis of BTC’s four‑week high near $74,400, and this breakdown of how $73,000 and $75,000 have repeatedly capped altcoin recoveries.
TLDR
- Michael Saylor signaled a renewed plan to reach 1,000,000 Bitcoin through continued STRC issuance.
- Strategy may have surpassed 800,000 Bitcoin in total corporate reserves.
- The company raised funds this week to acquire 17,284.73 Bitcoin through STRC.
- Strategy continues to purchase an average of 9,000 Bitcoin per working week.
- The firm needs to increase its holdings by about 20% to reach 1,000,000 Bitcoin.
Michael Saylor signaled a renewed accumulation plan as Strategy approaches 1,000,000 BTC on its balance sheet. He posted an image with the caption, “Millions of Possibilities, One Solution,” which referenced STRC preferred shares. Meanwhile, the company continues raising capital and converting proceeds into Bitcoin purchases at a steady pace.
STRC Mechanism Drives Capital Toward Bitcoin Accumulation
Saylor shared a photo holding an orange Rubik’s Cube and wrote, “Millions of Possibilities, One Solution.” He linked the message to STRC, which Strategy uses to fund Bitcoin acquisitions. The post appeared as issuance levels for STRC preferred shares reached record highs.
According to the company’s weekly report starting April 13, STRC keeps channeling market liquidity into Bitcoin purchases. Data from strc.live shows Strategy raised funds this week to acquire 17,284.73 BTC. The firm continues executing purchases as capital becomes available.
STRC enables Strategy to buy Bitcoin by leveraging the spread between its cost of capital and the asset’s yield. Shares currently trade at parity near $100, which supports issuance efficiency. As a result, the company maintains steady access to funding under present market conditions.
Path to 1,000,000 BTC and Current Reserve Status
Strategy’s Bitcoin reserves may have surpassed 800,000 BTC based on recent disclosures. To reach 1,000,000 BTC, the company needs to increase holdings by about 20%. The firm continues accumulating coins through weekly purchases funded by STRC.
At the current rate of roughly 9,000 BTC per working week, Strategy could reach its target within 24 weeks. That timeline points to completion by the end of 2026 if the pace remains unchanged. The company maintains a structured acquisition schedule tied to capital inflows.
Strategy’s Bitcoin holdings now carry a market value of more than $57.7 billion. The company reports it has reached breakeven on its aggregate position at current prices. It continues publishing updates that detail both issuance activity and Bitcoin purchases.
STRC issuance volume remains active as shares trade close to their $100 reference value. This pricing level supports continued capital raises without discount pressure. The company therefore, sustains its funding approach while expanding its Bitcoin reserves.
Bitcoin’s (BTC) rally stalled above $76,000 stalled on Tuesday after short-term profit-taking by traders reached its highest level in 2026.
The activity coincided with continued accumulation by long-term holders, and this opposing interaction between the two cohorts may continue to impact Bitcoin’s attempts to break into the $80,000 range.
Bitcoin profit-taking meets whale demand
New Bitcoin short-term holders moved their holdings as BTC in profit sent to exchanges reached 63,000 BTC on April 14, the highest level in 2026, since the 44,800 spike on Jan. 14.
Onchain data shows that the one-day-to-one-week cohort moved nearly 2,000 BTC back to Binance during the same time. This implied that freshly acquired coins are rotating into sell-side liquidity as BTC traded near $76,000.
Crypto analyst Amr Taha flagged this as the first clear wave of profit-taking after the retest of the monthly highs. The activity aligns with cautious distribution, in which newer participants seek to secure gains at key resistance levels during a bear market.
Taha noted that this indicates a natural cooling phase in momentum.
Meanwhile, BTC whale behavior shows a different pattern. Market analyst CW noted a single-day inflow of over 71,000 BTC into accumulation addresses, the largest bullish inflow since early 2022. The large holders appear to be absorbing available supply from the short-term sellers.
The relationship between these flows points to a transfer of coins from weaker hands to stronger ones, which may stabilize the price while limiting an immediate rally.
Related: Bitcoin ETFs post $412M in inflows as Goldman Sachs files for BTC ETF
Bitcoin liquidity cluster may lead to a small dip
After forming equal highs near $76,000, BTC’s price rejected near the 100-day exponential moving average (EMA), marking the first test of this trend since Jan. 14. The momentum slowed after the rejection, with price slipping to $73,500.
However, on the lower time frame, the bullish trend remains intact.
On the one-hour chart, internal liquidity levels are resting around $73,000 and $72,000. These zones may attract bid orders that may get filled before a trend continuation.
The liquidation heatmap provides additional context, with $1.4 billion in cumulative long liquidations clustered around $73,000. That figure rises to $3.5 billion in long positions at risk near $70,500.
At the opposite end, a move toward $80,000 would expose $2 billion in leveraged short positions. The spread between the long and short liquidation zones suggests BTC may retest the $72,000 to $70,000 range before moving higher.
Related: Bitcoin shows ‘bull market behavior’ as chart pattern targets $90K
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.
The Trump family-backed World Liberty Financial has proposed unlocking 62.3 billion WLFI governance tokens on Tuesday, less than a week after CoinDesk reported the venture had used 5 billion of its own tokens as collateral on lending platform Dolomite to borrow $75 million in stablecoins.
WLFI’s token was originally sold as a governance-only token with no transferability and indefinite locks. A vesting schedule with a defined path to liquidity changes the economic profile of what holders bought.
The proposal would open up liquidity for insiders who previously had no exit, changing the economics of the token.
The proposal splits the locked supply into two groups. Early supporters holding 17 billion WLFI would receive a 2-year cliff followed by a 2-year linear vest, retaining all tokens.
Founders, team members, advisors, and partners holding 45.2 billion WLFI would face a 2-year cliff and 3-year vest, but with 10% of their allocation, roughly 4.5 billion tokens, burned immediately on passage. (Burns refer to the permanent removal of tokens from supply, usually by sending to an address that is not controlled by anyone.)
In practice, it means insiders would surrender 4.5 billion tokens in exchange for beginning to unlock 40.7 billion that were previously locked indefinitely with no vesting schedule attached. Those tokens had no path to liquidity before this proposal.
WLFI included participation data from its six prior votes in the Wednesday post, showing that even the most engaged proposal – the vote to make the token tradeable – drew 11.1 billion WLFI in voting power.
The quorum for this proposal is 1 billion, with a simple majority required to pass. At those thresholds, the proposal could pass with a fraction of the founders and team allocation alone.
Holders who do not affirmatively accept the new vesting terms keep their tokens locked indefinitely and retain governance voting rights.
The timing comes on the back of events of the past week.
CoinDesk reported on April 9 that WLFI had deposited 5 billion of its own governance tokens into Dolomite, a lending protocol whose co-founder advises WLFI, and borrowed $75 million in stablecoins that were partially routed to Coinbase Prime.
The WLFI token dropped 12% to a record low the following day. Then, Tron founder Justin Sun, once the project’s largest backer, publicly accused the team of treating users as “personal ATMs,” prompting WLFI to threaten legal action.
The token was trading near $0.079 on Tuesday, down roughly 48% from the average price at which WLFI’s own treasury conducted $65.6 million in open-market buybacks over the past six months.
Voting on the Wednesday proposal runs for a seven day period.
OpenAI circulated an internal memo this week directly attacking rival Anthropic, accusing it of inflating its $30 billion revenue figure by roughly $8 billion as Claude’s grip on enterprise AI becomes increasingly hard for the company to dismiss.
Summary
- OpenAI chief revenue officer Denise Dresser sent a four-page memo to employees accusing Anthropic of overstating its run rate through gross accounting on cloud deals with Google and Amazon.
- The memo describes Anthropic’s strategy as built on “fear, restriction, and the idea that a small group of elites should control AI,” and labels its compute position a strategic misstep.
- Anthropic’s annualized revenue has surpassed $30 billion by its own figures, up from $9 billion at end-2025, as Claude was described as having “become a religion” among enterprise users at a major AI conference.
OpenAI’s chief revenue officer Denise Dresser sent a four-page internal memo to employees this past Sunday attacking rival Anthropic, accusing it of inflating its widely reported $30 billion run-rate figure by roughly $8 billion. The memo, reported by CNBC and The Verge, alleges that Anthropic “grosses up” revenue sharing from its cloud partnerships with Amazon and Google rather than reporting net figures, which OpenAI does with its Microsoft arrangement.
The accusation puts the real Anthropic figure closer to $22 billion, which would place it behind OpenAI’s reported $24 billion run rate. Both companies are preparing for potential IPOs and are competing aggressively for enterprise contracts and investor positioning.
Dresser goes well beyond accounting in the note. She describes Anthropic’s strategy as built on “fear, restriction, and the idea that a small group of elites should control AI,” contrasting it with what she frames as OpenAI’s more “positive message.” She also calls Anthropic’s compute strategy a “strategic misstep,” noting that OpenAI is targeting 30 gigawatts of compute by 2030 while projecting Anthropic will have only 7 to 8 gigawatts by end-2027.
Anthropic announced a deal with Google and Broadcom earlier this month for “multiple gigawatts” of compute. OpenAI itself is also in the middle of a pivot, turning to Amazon after acknowledging that its Microsoft partnership has “limited our ability” to reach enterprise clients on rival cloud platforms.
Claude Mania and the Enterprise War
The sharpness of the memo reflects a real competitive problem for OpenAI. At the HumanX conference in San Francisco last week, enterprise sentiment was overwhelmingly in Anthropic’s favor. Arvind Jain, CEO of enterprise AI startup Glean, described the phenomenon plainly. “It has become a religion, that’s the level of that mania,” he said of Claude’s penetration into corporate workflows.
Anthropic’s momentum has come primarily from Claude Mythos and its coding tools, which have driven the revenue surge from $9 billion to $30 billion in under a year. The two labs are also racing to build competing AI cybersecurity products, with OpenAI finalizing a security tool for limited partner release while Anthropic runs its tightly controlled Project Glasswing initiative.
What It Means for the AI Race
OpenAI is valued at over $850 billion following a March fundraise. Anthropic was valued at $380 billion in its most recent round. Both companies are heading into IPO windows with very different stories to tell investors about their enterprise position.
The memo is notable precisely because confident market leaders do not typically challenge a rival’s accounting in writing. It signals that Anthropic’s gains are being felt inside OpenAI in a way that a memo to employees alone cannot solve.
TLDR
- Kalshi launched a new Commodities Hub that expands its 24/7 event contracts platform into agriculture, metals, and energy markets.
- The company added contracts tied to natural gas, coffee, copper, sugar, corn, soybeans, wheat, nickel, diesel, and lithium.
- Kalshi structured the contracts as binary markets based on price direction and threshold outcomes.
- The platform allows users to trade around the clock, including weekends and holidays.
- Kalshi said federal authorities and courts confirmed that its event contracts fall under CFTC oversight.
Kalshi has expanded its platform with a new Commodities Hub that adds agriculture, metals, and energy markets. The company launched the hub on Tuesday to widen access to event contracts tied to raw materials. The move strengthens its 24/7 trading model and targets rising demand for flexible commodity exposure.
Kalshi Expands Commodities Suite with Agriculture, Metals, and Energy Contracts
Kalshi added new markets linked to natural gas, coffee, copper, sugar, corn, soybeans, wheat, nickel, diesel, and lithium. The expansion builds on existing contracts tied to WTI crude, Brent crude, gold, and silver. The company said the hub offers broader commodity coverage through binary event contracts.
The platform structures each contract around price direction and threshold outcomes. Users can trade on whether a commodity will close above or below a set level. Kalshi said this format removes margin requirements, contract rollovers, and complex mechanics tied to futures.
Kalshi stated that geopolitical stress and inflation concerns have fueled higher commodities activity. The company linked the launch to oil market swings tied to Middle East tensions. It said supply chain disruption has also increased trading interest across global markets.
The hub allows continuous trading, including weekends and holidays. Users can express views during off-hours when traditional exchanges remain closed. Kalshi said this access supports faster reactions to macro shocks in energy and agriculture.
The company emphasized that contracts operate under federal financial oversight. It said federal authorities and courts recently affirmed that its event contracts fall under CFTC jurisdiction. This position places the products outside state gaming law.
Regulatory Clarity and Institutional Push Support Kalshi Growth
Kalshi said recent court decisions strengthened its regulatory standing. Federal rulings supported the company’s view that prediction markets qualify as financial products. The firm stated that CFTC oversight governs its commodity event contracts.
The company also confirmed that it received an NFA license for margin trading. This approval allows Kalshi to expand trading features for qualified participants. It said the license supports broader participation across its markets.
Kalshi reported that it has worked with Jump Trading on contract development and liquidity support. The firm said these efforts aim to deepen market efficiency and order flow. It stated that institutional engagement remains a core priority.
The Commodities Hub integrates with Kalshi’s existing event contract interface. Users can access price thresholds and directional markets from a single dashboard. The company said contracts trade around the clock without interruption.
TLDR
- Fellowship PAC raised $11 million and quickly spent $3 million on advertising services.
- The PAC booked its advertising through Nxum Group, a firm co-founded by Tether US CEO Bo Hines.
- Federal Election Commission filings show that Cantor Fitzgerald contributed $10 million to the PAC.
- Anchorage Digital contributed $1 million and described it as part of its bipartisan policy approach.
- The PAC supported Republican candidates in Georgia, Kentucky, and Nebraska with targeted ad spending.
A newly formed crypto political committee has raised $11 million and quickly directed $3 million to advertising services. Fellowship PAC booked those ads through Nxum Group, a firm co-founded by Tether US CEO Bo Hines. Federal Election Commission filings released Wednesday detailed the funding sources and spending activity.
Fellowship PAC funding and early spending
Fellowship PAC collected $10 million from Cantor Fitzgerald and $1 million from Anchorage Digital, according to filings. The committee then committed $3 million for advertising through Nxum Group, which Hines co-founded with his father and a partner.
The PAC supports Republican candidates in congressional and gubernatorial races. It spent $300,000 to support Clay Fuller after he won a Georgia special election. It also directed $850,000 to Nate Morris in Kentucky’s Senate race and $350,000 to Senator Pete Ricketts in Nebraska.
Filings show Nxum Group received the full $3 million in disbursements for advertising services. Before this work, Nxum reported limited campaign activity. The firm previously donated $1 million in billboard advertising to MAGA Inc. in 2024.
Hines served as former President Donald Trump’s crypto adviser before joining Tether last year. He co-founded Nxum before taking his White House role. Nxum’s recent filings now connect it to the PAC’s initial advertising push.
Tether links and corporate contributions
Fellowship PAC has reported ties to Tether since its launch last year. A senior Tether executive serves as the PAC’s chairman. However, most of the current funding came from Cantor Fitzgerald.
Cantor manages reserves for Tether’s stablecoin operations. Howard Lutnick, Cantor’s former chief executive, now serves as Commerce Secretary under Trump. His children now oversee Cantor’s operations.
Fellowship PAC previously announced plans to raise $100 million to support pro-crypto candidates. That pledged total has not appeared in current filings. The PAC has not responded to requests for comment.
Anchorage Digital described its $1 million contribution as part of a broader strategy. The company stated, “Anchorage Digital has made a corporate contribution to the Fellowship PAC as part of our broader, bipartisan approach to advancing regulatory clarity for digital assets in the United States.” Anchorage also posted the statement on its website.
Neither Tether US nor Cantor Fitzgerald responded to media inquiries about their involvement. Filings identify a Cantor executive as the PAC’s treasurer. Current records do not show direct contributions from Tether entities.
U.S. law bars non-U.S. entities from directly participating in federal campaign financing. Tether operates globally, and public records do not clarify whether its U.S. arm contributed funds. The latest Federal Election Commission filings reflect $11 million raised and $3 million disbursed for advertising.
Crypto World
Dogecoin Price Prediction Targets $0.32 While AlphaPepe AI-DEX Demo Goes Live and Presale Nears $1M
The Dogecoin price prediction is shifting. After months pinned below $0.10, multiple analyst models now project DOGE reaching $0.32 by late 2026 if the ascending channel structure holds and broader crypto momentum returns. DigitalCoinPrice and CoinCodex place their conservative band between $0.32 and $0.50, while Binance Square contributors are mapping breakout targets at $0.26, $0.32, and $0.36 if resistance clears. The setup is forming but the timeline stretches across quarters. Meanwhile AlphaPepe just pushed its live AI-DEX demo into public access, crossed $850,000 in presale capital with the $1 million mark now visible, and continues offering a Stage 13 entry at $0.01450 where the distance to analyst targets makes the Dogecoin price prediction look like a rounding error.
What the $0.32 Dogecoin Price Prediction Actually Requires
DOGE trades at $0.093. The 200-day moving average sits at $0.14, more than 50% above the current price. Bollinger Bands remain compressed between $0.087 and $0.101, and every attempt to reclaim $0.10 this year has been rejected. For the Dogecoin price prediction to reach $0.32, the token needs to clear $0.10, flip $0.14 from resistance to support, break through the $0.28 descending trendline that has capped rallies since July 2025, and sustain momentum long enough for the ascending channel to complete.
That is four sequential resistance levels and a minimum of six to eight months under favorable market conditions. From $0.093 to $0.32 is a 244% return. For holders who bought below a penny years ago, that is a recovery story worth watching. For new capital entering at $0.093 today, that is eight months of waiting for a triple that depends entirely on Bitcoin, sentiment, and meme cycle timing all cooperating at once.
AlphaPepe AI-DEX Demo Goes Live as Presale Approaches $1M
The AlphaSwap demo is no longer a claim. It is running. Anyone can access the AlphaPepe cross-chain AI DEX interface and watch it screen contracts for exploit signatures, surface whale wallet movements in real time, and route swaps across chains through an AI execution layer. This is the product that will generate fee revenue the moment public trading opens. It works today, before a single listing candle has printed.
Behind the demo sits a codebase built by an engineer who cut their teeth shipping Shibarium infrastructure across 500 million live transactions. The smart contract carries a 10/10 BlockSAFU audit with zero vulnerabilities flagged. Supply is capped at 1 billion tokens. Every presale purchase delivers tokens to the wallet instantly with no vesting and no lock period.
The presale is approaching $1 million. Over $850,000 has been collected from 7,600 wallets, with roughly 100 new addresses entering every day. Stage 13 is live at $0.01450 but the price climbs every few days and jumps again when the current stage sells through. Stakers are collecting 85% APR while they wait for the Q2 DEX launch. A Tier 1 CEX listing follows directly after.
A $1,000 entry at $0.01450 secures 68,966 tokens. Analysts placing conservative targets at $1.50 would value that at $103,449 when trading begins. The Dogecoin price prediction needs eight months and four resistance flips for a 244% gain. AlphaPepe needs Q2 to arrive for a return measured in multiples of 100. Buyers entering at $5,000 or more can apply code ALPHA100 for a 100% bonus allocation, doubling their token count before the listing math even begins.
One Prediction Needs Permission. The Other Needs a Calendar.
The $0.32 Dogecoin price prediction may arrive. The technical structure supports it if conditions align. But the presale window at $0.01450 with a live AI-DEX demo, a flawless audit, and $1 million in sight does not wait for conditions. Stage 13 is filling and the next stage is approaching at a higher price.
Click To Visit AlphaPepe Official Website To Enter The Presale
FAQs
What is the Dogecoin price prediction for 2026?
Multiple models target $0.32 to $0.50 by late 2026, requiring a breakout above $0.10, $0.14, and $0.28 resistance levels from the current $0.093 price.
What is the AlphaPepe AI-DEX demo?
AlphaSwap is a live cross-chain AI DEX that screens contracts, tracks whale wallets, and routes swaps. The demo is publicly accessible now ahead of the Q2 launch.
How close is AlphaPepe to raising $1M?
Over $850,000 raised across 7,600 wallets with 100 new addresses daily. Stage 13 at $0.01450 is active and the next stage approaches at a higher price.
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.
David Solomon, CEO Goldman Sachs, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2026.
Oscar Molina | CNBC
When Goldman Sachs executives were asked about disappointing results in the firm’s fixed income division this week, they made it sound as though the trading environment was simply not in their favor.
Fixed income revenue fell 10% in the first quarter, coming in $910 million below analysts’ expectations, according to StreetAccount data. It was an unusually large miss for one of Goldman’s flagship Wall Street businesses.
“It was basically just a function of the overall environment making markets,” CFO Denis Coleman told an analyst on Monday after the bank’s earning report. “We remain actively engaged with clients, but our performance in rates and mortgages was relatively lower.”
But as nearly all of Goldman’s rivals, including JPMorgan Chase, Morgan Stanley and Citigroup, posted blockbuster results for first-quarter fixed income in the days that followed, one thing became clear to Wall Street: Goldman Sachs’ vaunted fixed income traders had underperformed.
JPMorgan saw fixed income trading revenue jump 21% to $7.1 billion, the bank’s second-biggest haul ever. Morgan Stanley, where fixed income is less a priority than equities, posted a 29% jump in the bond business. Citigroup saw bond trading revenue jump 13% to $5.2 billion.
Since before the 2008 financial crisis, when Lloyd Blankfein led Goldman Sachs, the firm’s fixed income division had been the envy of Wall Street. Goldman was known for its trading prowess, a reputation forged in periods of dislocation when its desks generated outsized gains. The bank’s identity as a trader’s firm — one expected to outperform in turbulent times — has endured in the decade-plus since.
That makes the first-quarter stumble particularly notable.
“It seems that something went wrong at Goldman in fixed income,” said veteran Wells Fargo analyst Mike Mayo, who called the bank’s results “worst-in-class.”
“I’d imagine that at Goldman, a fire is being lit under the traders, managers and risk overseers in FICC after such an underperformance,” Mayo said in an interview with CNBC, using an acronym standing for fixed income, currencies and commodities, the formal name for that business.
The prevailing theory is that Goldman was caught offsides on trades tied to interest rates in the first quarter, according to several market participants who asked for anonymity to speak candidly.
That’s because of the positioning that many Wall Street firms had at the start of this year, when markets were expecting the Federal Reserve to cut interest rates at least twice in 2026, these people said.
But after the price of oil surged with the advent of the Iran war, roiling expectations for inflation, the markets began pricing those cuts out, with some investors even bracing for the possibility of rate hikes this year.
Fixed income was the sole blemish on a quarter in which Goldman Sachs exceeded expectations handily, thanks to the firm’s equities traders and investment bankers. Despite the earnings beat, the firm’s shares dropped as much as about 4% on Monday following the report.
Goldman Sachs didn’t immediately return a call seeking comment. But on Monday, CEO David Solomon sought to put the quarter’s performance into context:
“When I look at the scale and the diversity of the business, it’s performing very, very well,” Solomon said during the company’s conference call. “Some quarters, it’s going to be stronger here, stronger there.”
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