🧑‍💻 US and China agree to launch "government-to-government dialogue on AI."

🇺🇸📊 As IBIT options continue to grow, they provide insights into institutional risk pricing, hedging activity, and positioning.

Glassnode has expanded coverage to IBIT options, offering institutional-grade options market intelligence for the largest US spot Bitcoin ETF.

40+ new metrics are available, including:

- OI & Volume
- ATM Implied Volatility
- Proprietary Skew Metrics
- IV Heatmaps

Use IBIT options data to:

→ Measure institutional sentiment
→ Compare TradFi and crypto-native positioning
→ Monitor hedging activity around macro events and drawdowns
→ Track volatility risk across tenors

Explore the new metrics at glassno.de/499a0R5. #etf

📉 Wintermute: ETH Is “Not the Right Asset” for the Current Macro Environment

ETH fell 10.2% this week, continuing to underperform across spot and derivatives markets, with the ETH/BTC ratio pressing 0.0275, according to Wintermute. The firm stated that Ethereum is “not the right asset for this macro” amid rising yields and renewed inflation concerns.

Additionally, Wintermute argued that being outright long #BTC at current levels means betting institutional investors will step back in despite rising Treasury yields and reaccelerating inflation, which may be difficult until markets fully digest the shifting macro backdrop. #macro

🇺🇸🕵️ SEC Ends Zcash Foundation Probe With No Action

The Zcash Foundation announced in its Q1 2026 report that the U.S. SEC has closed its investigation without recommending enforcement action. Despite governance disputes at Electric Coin Company leading to the departure of most of its development team, the Zcash network continued to function normally, with no impact on user funds or privacy. As of March 31, the foundation reported approximately $36.7 million in liquid assets, including 85,412 ZEC, 41.8 BTC, ~506,600 USDC, and a small amount of ETH, with average monthly operating expenses around $272,500. #regulation

🇺🇸🕵️ $33 billion U.S. New Jersey State Police & Firemen's Retirement Fund just revealed it bought 14,077 shares ($220,000) of Bitcoin treasury company Strive for the first time.

Government employees are getting BTC exposure.

📈 President Trump says the rise in gas prices is "peanuts" and "very temporary."

🗣 JPMorgan: ETH Has Lagged BTC on Price and Institutional Flows Since Oct. 2025

JPMorgan stated that ETH and the broader altcoin market may find it challenging to catch up with BTC without a significant rebound in network activity, DeFi adoption, and real-world use cases. Analysts led by Nikolaos Panigirtzoglou observed that since October 2025 deleveraging, ETH has underperformed BTC in both price and institutional flows, with spot BTC ETFs recovering about two-thirds of prior outflows compared to roughly one-third for spot ETH ETFs.

🗣 $200 billion VanEck’s Matthew Sigel said, "The digital credit market could scale to $2.5 trillion in the next decade as Bitcoin heads toward $1 million."

"I think that’s definitely within reach."

🤔 Zerohash Seeks New Funding at Over $1.5 Billion Valuation After Mastercard Drops Investment Plans

Crypto infrastructure firm Zerohash is pursuing a new funding round at a valuation exceeding $1.5 billion. This comes after Mastercard abandoned plans to invest in the company following its $1.8 billion acquisition of stablecoin infrastructure provider BVNK. Zerohash was previously valued at $1 billion after completing a $104 million Series D-2 round in September 2025, led by Interactive Brokers. #stablecoin

🆕 $ALGO listed on Robinhood spot

🛡️ Trump-IRS Settlement Permanently Blocks IRS From Auditing Tax Claims For President Trump And His Family - Politico

🇺🇸🗣 US Senator Lummis says China and Europe are competing with the US to lead in crypto.

🇺🇸💰 Congressman Lance Gooden states that "the Pentagon is currently researching how bitcoin can be used toward" strengthening their cyber defenses. He emphasizes that bitcoin "is the center of a paradigm shift in national security that the U.S. military is moving to capitalize on."

📌 Top 5 News for 24 Hour:

1. Andrej Karpathy joins Anthropic for AI development. →
👁 197 | ❤️ 0 | 🔁 4

2. VanEck predicts $2.5 trillion digital credit market. →
👁 158 | ❤️ 0 | 🔁 4

3. Institutions shifting from ETFs to spot OTC, on-chain data shows. →
👁 203 | ❤️ 1 | 🔁 3

4. New Jersey retirement fund buys Bitcoin shares. →
👁 196 | ❤️ 1 | 🔁 3

5. SEC closes Zcash Foundation probe without action. →
👁 253 | ❤️ 0 | 🔁 2

| |

🆕 $META, $DRV added to Coinbase roadmap

👀 Trump’s Truth Social has withdrawn their Bitcoin ETF filing. #etf

🇺🇸📊 President Trump called on AI companies to build, bring, or buy 100% of the energy needed for their data centers as part of his “Ratepayer Protection Pledge.”

🛡️ Anthony Pompliano stated that the compound annual growth rate of Bitcoin over the last decade is 70%, emphasizing that it has outperformed every asset. He noted that people seek certainty and are drawn to assets like Bitcoin, which are non-sovereign, finite, and can be audited by anyone globally.

🛡️ Anthony Pompliano stated that the compound annual growth rate of Bitcoin over the last decade is 70%, emphasizing that it has outperformed every asset. He noted that people seek certainty and are drawn to assets like Bitcoin, which are non-sovereign, finite, and can be audited by anyone globally.

🕵️ Anchorage linked wallet further withdrew 121,099 $HYPE worth $5.87M from Bybit.

They have bought 2.34M $HYPE worth $112.36M over the past month, which they sent for staking.

🐳 Whale 0xde42 sold 50K $HYPE for $2.41M over the past 10 hours. They also opened a 10x short on 223,404 $HYPE for $10.55M.