Citi Says Mixing Bitcoin With Gold Can Boost Your Portfolio Performance 

Citi analysts say holding both gold and bitcoin can improve portfolio performance compared with traditional bond-and-equity mixes. In a new report cited by CNBC, analyst Alex Saunders said a 5% allocation to gold enhances portfolio efficiency, while splitting that exposure between gold and bitcoin produces stronger results. 

The analysis found the mixed allocation improves returns in bond bull markets and provides resilience during bear-steepening cycles tied to fiscal concerns and rising inflation risk.

Citi noted that bitcoin often performs better than gold when bond markets weaken, highlighting recent gains amid geopolitical and equity market stress. Over the past two…

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Hegseth Warns Iran To ‘Choose Wisely,’ But Gulf Officials Brace For 6-Month Slog To Reach Deal: What Do P

Defense Secretary Pete Hegseth told Iran Thursday to “choose wisely” on a peace deal or face bombs on its power grid. Hours earlier, Gulf and European officials said the whole thing may take six months.

That gap between Pentagon ultimatums and diplomatic reality is now the single biggest variable for oil traders.

The Pentagon Keeps The Pressure On

Hegseth, flanked by General Dan Caine and CENTCOM’s Admiral Brad Cooper, said the blockade of Iranian ports will continue “as long as it takes.” He added that the US Navy is running the Strait of Hormuz chokehold using “just 10% of US naval capacity,” and warned Tehran that if it “chooses poorly,” bombs will hit infrastructure,…

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Bitcoin Scholars Fund Launches With $21 Million Goal To Bring Bitcoin Education To K–12 Schools

A new nonprofit initiative, the Bitcoin Scholars Fund (BSF), announced plans attempting to redirect $21 million from federal coffers into K–12 Bitcoin education by 2027. The organization unveiled its mission on X, promoting what it calls a “modern alternative” to government-backed education funding.

According to group statements, the fund will leverage the One Big Beautiful Bill Act beginning in 2027, allowing individuals to claim a 1:1 federal tax credit for donations up to $1,700 — or $3,400 for couples — toward Bitcoin-focused curricula. The organization says this structure effectively makes the contribution “net cost $0” for donors while channeling funds directly…

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Tennessee Senate Committee To Weigh State Bitcoin Reserve Next Week

Tennessee lawmakers will take a fresh look at a proposal to create a state Bitcoin reserve when the Senate Finance, Ways, and Means Committee hears SB 2639 next Tuesday, April 21.

The “Tennessee Strategic Bitcoin Reserve Act” would direct the state to hold Bitcoin as part of its reserve assets, positioning Tennessee as a cryptocurrency policy leader.

The Senate bill, sponsored by Sen. Kerry Roberts, has advanced from the Senate Commerce and Labor Committee and now moves to the powerful Finance panel, which oversees tax and spending measures. Its House companion, HB 1695 from Rep. Jody Barrett, has stalled in the Finance, Ways, and Means Subcommittee after being placed behind…

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Dogecoin Up 3%: What Happens Next?

Dogecoin (CRYPTO: DOGE) is up 3%, retesting the $0.098 resistance zone where yesterday’s breakout attempt failed as Polymarket traders see 78% odds on a move toward $0.10 in April.

The Failed Breakout

DOGE had a clear fakeout yesterday as it attempted to break out of a descending triangle on the 12-hour chart. 

The descending trendline held firm as resistance, immediately rejecting the price.

The market rarely revisits a fakeout level without intent. DOGE has returned to retest the $0.098 resistance zone—the exact level where price was rejected from the descending channel trendline.

The Decision Zone

The daily chart reflects a falling channel in place since October 2025, with price…

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Charles Schwab Rolls Out BTC, ETH Trading—A Threat To Coinbase, Robinhood? – Charles Schwab (NYSE:SCHW)

The Phased Launch

Schwab Crypto will be introduced in phases over the coming weeks, confirming a previously stated timeline for a second-quarter launch. 

Clients will be able to trade Bitcoin and Ethereum through dedicated crypto accounts linked to their traditional Schwab brokerage accounts.

Access to spot trading is a big step up from Schwab’s previous offerings of indirect crypto exposure via exchange-traded funds and derivatives. Schwab will charge 75 basis points per transaction.

Charles Schwab will offer the crypto accounts through its Premier Bank and act as custodian, while Paxos will handle trade execution.

The Early Constraints

The platform will disable digital asset deposits and…

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Clarity Act Is Moving Along Well, JP Morgan Analysts Say – JPMorgan Chase (NYSE:JPM)

Key Issues In Focus

The CLARITY Act is designed to define how cryptocurrencies are regulated in U.S., including how authority is split between the SEC and the CFTC. It also aims to establish clearer rules for stablecoins and decentralized finance platforms, CoinDesk reported on Thursday.

According to JPMorgan’s analysis, ongoing discussions are centered on two major areas: DeFi oversight and how digital tokens should be classified under existing financial laws.

A particularly contentious issue is whether stablecoin issuers or related platforms should be allowed to offer yield-like rewards.

Traditional banks oppose the idea, warning it could blur the line between stablecoins and bank…

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Steak ’n Shake Teases “Bitcoin Milkshake” For Bitcoin Conference 2026 

Steak ‘n Shake plans to open Bitcoin Conference 2026 with a themed “Bitcoin Milkshake,” deepening a broader pivot that now spans payments, treasury strategy, and employee compensation in Bitcoin. The limited-time drink presumably will debut on April 27, across participating locations as the chain positions itself as the fast-food brand most aligned with Bitcoin culture.

The company teased the “Bitcoin Milkshake” on X and “new plans”, calling the milkshake the best way to start Bitcoin Conference 2026 and featuring branding tailored to conference attendees and Bitcoin fans. The rollout targets visitors heading to the annual gathering and regular customers who already…

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Bitcoin ETFs Surge As Morgan Stanley Crosses $100M And Goldman Sachs Joins The Race

Morgan Stanley Beats WisdomTree In Week One

The fund charges a 0.14% expense ratio, the cheapest in the category.

Morgan Stanley’s wealth management network oversees trillions in client assets, giving MSBT direct distribution to investors. 

However, the fund remains far smaller than BlackRock’s (NYSE:BLK) IBIT, which holds $53 billion in assets.

Goldman Files Premium Income Product

Goldman Sachs filed for a Bitcoin Premium Income ETF on Tuesday. The fund will buy Bitcoin ETPs and sell call options to generate income.

The options overwrite strategy could outperform in modest or falling markets but lag during rapid price appreciation. 

Bloomberg ETF analyst Eric Balchunas called the filing…

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Charles Schwab To Launch Spot Bitcoin Trading For Retail Clients

Charles Schwab announced further details and plans in their attempt to launch direct spot bitcoin trading through its new platform, Schwab Crypto™, signaling a major step by one of the country’s largest brokerage firms into the digital asset market. 

The feature will roll out in phases over the coming weeks and will allow retail clients to buy and sell bitcoin and ethereum through existing Schwab platforms, the bank said. 

The move gives millions of Schwab clients the ability to trade bitcoin alongside traditional holdings such as stocks, ETFs, and mutual funds. Clients will access Schwab Crypto through Charles Schwab Premier Bank, SSB, which will act as custodian for the…

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