Bitcoin is back above $80,000 level, notably outperforming stocks on Monday.

Notable Statistics:

Coinglass data shows 121,511 traders were liquidated in the past 24 hours for $542.80 million.       

SoSoValue data shows net inflows of $629.7 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $101.2 million.

In the past 24 hours, top gainers include SKYAI, Dash and siren.

Notable Developments:

Trader Notes:

Michael van de Poppe argued that attempts to precisely time market bottoms or compare portfolios to recent all-time highs often lead to emotionally driven decisions.

He said both Bitcoin and several altcoins appear undervalued relative to…

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A new survey on cryptocurrency policies details that President Donald Trump’s stance on cryptocurrency is increasingly called into question by the public.

Public Trust In Crypto Oversight Declines

A CoinDesk poll, which surveyed 1,000 U.S. voters, found that 62% do not trust Trump’s administration to oversee the crypto industry.

While Trump has advocated for more crypto-friendly policies, respondents expressed broader concerns about governance and conflicts of interest in the sector.

A key issue highlighted in the survey is the overlap between public office and private crypto ventures.

About 73% of respondents opposed government officials having personal financial ties to crypto projects.

Benzinga

Bitcoin (CRYPTO: BTC) crossed $80,000 Monday as Senate Banking Committee chairman Tim Scott (R-SC) declared the CLARITY Act is in the “red zone.”

Scott Targets May Markup, June Vote

Scott told Fox Business he hopes to hold a markup of the CLARITY Act in May and bring the bill to the Senate floor in June or July. 

The legislation passed the House in July 2025 but stalled in the Senate as banks and stablecoin companies fought over stablecoin yield.

Coinbase had pulled its support of the bill in mid-January due to a draft amendment that would have prevented crypto firms from offering yield on user stablecoin balances.

ETF Inflows Hit $630 Million Friday

Monday’s rally followed stronger…

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World Liberty Financial (CRYPTO: WLFI) sued Justin Sun for defamation Monday as WLFI surged more than 20% in three days.

The Short-Selling Accusations

World Liberty filed the lawsuit in Florida state court, claiming Sun funded a deliberate short-selling campaign to suppress WLFI’s price when the token launched in September.

The company froze Sun’s token position to prevent further harm, citing rights outlined in his unlock agreement.

Sun began privately threatening litigation afterward, allegedly claiming his lawsuit would “light World Liberty on fire” and cause WLFI’s price to “go to shit.” 

World Liberty argues Sun then launched a coordinated media smear campaign.

The company…

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This week, the Bank of Japan wrecked havoc on the foreign exchange market. What’s the Yen Carry Trade, how does an intervention work, and what does it all mean?

Years ago, a massive money printer emerged out of Japan. It was called “The Yen Carry Trade”, and it provided trillions of dollars of capital that would flow into US Treasuries, stocks, and other financial assets.

To deal with the enormous economic pain that Japan was suffering after the 1990 bubble burst, the Bank of Japan took its overnight interest rate to 0.0%, and from 2016-2024, even negative.

Japanese overnight interest rate, 1990-present

Remember, the central bank’s overnight interest rate is the price of money. In…

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Iran’s largest cryptocurrency exchange, Nobitex, is facing increased scrutiny from regulators and policymakers after continuing operations during wartime, raising concerns about its role in global financial flows.

A Key Channel Beyond Sanctions

Nobitex is widely seen as a central component of Iran’s parallel financial system, enabling users to access global markets despite Western sanctions.

The platform reportedly handles about 70% of the country’s crypto activity and claims to serve roughly 11 million users.

Analysts say the exchange provides a bridge between domestic users and international crypto markets, helping individuals navigate inflation and limited access to traditional banking…

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Bitcoin’s climb back above $80,000 may look like a clean breakout, but the broader market signals suggest a more complicated story brewing beneath the surface.

While fresh inflows into spot Bitcoin ETFs have helped fuel the latest move, recent market data shows that institutional demand hasn’t been consistently bullish. In fact, Bitcoin lagged equities for much of 2026, with BTC-USD down almost 11% this year so far, as against S&P 500’s 5% gains.

The cryptocurrency even saw periods of ETF outflows in the past couple of weeks, according to data from Farside Investors, despite strong “risk-on” sentiment in stocks, highlighting a disconnect between crypto and traditional markets.

That…

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