🚨 JUST IN: #TAO DROPPED 20% AS KEY DEVELOPER EXITS AMID CENTRALIZATION CLAIMS
Covenant AI, a significant developer within the Bittensor network, has withdrawn, labeling the network as 'decentralization theatre.' This departure highlights concerns over governance, with allegations against co-founder Jacob Steeves for exercising unilateral control.
The market responded sharply, with $TAO falling by approximately 15%, before stabilizing around $262. This incident raises questions about the true nature of decentralization within the crypto sphere.
🚨 JAPAN RECLASSIFIES CRYPTO AS FINANCIAL PRODUCTS 🚨 In a decisive regulatory shift, Japan's cabinet has approved a bill to reclassify 105 cryptocurrencies, including #Bitcoin and #Ethereum, as 'financial products' under the Financial Instruments and Exchange Act. This strategic move transitions these assets from their previous classification as 'means of payment' under the Payment Services Act, effectively equating them with traditional securities.
The initiative aims to bolster market integrity and investor protection through several key changes:
Stricter Compliance: New rules introduce bans on insider trading, mandatory annual reporting for issuers, and stricter penalties for unregistered operators, including potential prison sentences.
Operational Shifts: Exchanges will be reclassified as 'crypto-asset dealers,' aligning with traditional financial oversight.
Tax and Investment Reforms: The change facilitates a move toward a flat 20% tax rate on gains (from up to 55%) and allows for three-year loss carryforward.
Institutional Adoption: The legal clarity opens the door for crypto ETFs and increased involvement from traditional financial institutions.
🚨 INFLATION :March Inflation Jumps to 3.3% as Iran War Hits Gas Pumps U.S. inflation surged to 3.3% in March, driven by the ongoing conflict in Iran.
While core prices rose a modest 0.2%, gasoline prices skyrocketed 21.2% as energy supplies tightened. With the Strait of Hormuz still seeing major disruptions, energy remains the primary driver of rising costs in 2026.
🚨 FRAUDULENT:Ruja Ignatova, founder of OneCoin scheme, claimed she invented the “next Bitcoin.” Years later, she vanished without a trace, leaving global authorities searching for her. Despite being on the FBI’s Ten Most Wanted list with a $5 million reward, reports now suggest she is alive and hiding in South Africa under a false identity.
OneCoin, launched in 2014, defrauded investors of more than $ 4billion worldwide by marketing itself as a revolutionary cryptocurrency while operating as a Ponzi scam. Ignatova disappeared in 2017. Recent investigations by German authorities dismissed earlier murder claims, stating there is no evidence she died. The assumption now is that she remains alive, reigniting global interest in one of the largest fraud cases in crypto history. #freedomofmoney #BinanceWalletLaunchesPredictionMarkets #BTC $BTC $BNB
🚨 JUST IN:White House Warns Staff Against Prediction Market Bets
The White House has issued a stern warning to staff against using non-public information to place bets on prediction markets like Polymarket and Kalshi.
The memo, sent following a suspicious surge in oil futures trading, reminds employees that using "insider information" for financial gain is a criminal offense. As 2026 geopolitical tensions shift market odds, the administration is moving to prevent ethics violations tied to sensitive national security decisions.
TD Securities' U.S. investment banking arm, TD Cowen predicts Bitcoin could reach $140,000 this year and is giving a “BUY” rating to #BTC treasury companies #Nakamoto and #Strive.
Big banks getting more bullish, treasury plays getting more attention, and the #Bitcoin narrative keeps strengthening. 💪
🚨 FINANCE NEWS :BlackRock iShares U.S. Aerospace & Defense ETF (ITA) has surged about 900%
$14 billion BlackRock iShares U.S. Aerospace & Defense ETF (ITA) has surged about 900% since its inception. Here are the latest top 10 holdings of ITA: 1. 🇺🇸 GE Aerospace (GE): 19.79% 2. 🇺🇸 RTX Corporation (RTX): 16.44% 3. 🇺🇸 Boeing (BA): 9.29% 4. 🇺🇸 Howmet Aerospace (HWM): 4.68% 5. 🇺🇸 L3Harris Technologies (LHX): 4.56% 6. 🇺🇸 Transdigm Group (TDG): 4.52% 7. 🇺🇸 General Dynamics (GD): 4.51% 8. 🇺🇸 Lockheed Martin (LMT): 4.45% 9. 🇺🇸 Northrop Grumman (NOC): 4.37% 10. 🇺🇸 Rocket Lab (RKBL): 2.49% Source: iShares data as of April 09, 2026 U.S. President Donald Trump has unveiled a historic $1.5 trillion defense budget for 2027, a move that is expected to significantly benefit defense companies through higher government spending. The iShares U.S. Aerospace & Defense ETF seeks to track the investment results of an index composed of U.S. equities in the aerospace and defense sector. ITA provides investors exposure to U.S. companies that manufacture commercial and military aircrafts and other defense equipment. Launched on May 1, 2006, this ETF has surged over 990% so far since its inception and has significantly outperformed the S&P 500. The fund currently has over $14.2 billion in assets under management (AUM), invested over 44 holdings.#HighestCPISince2022 #FedNomineeHearingDelay #IranClosesHormuzAgain #CZonTBPNInterview $TSLAon $NVDAon $BNB
BREAKING: U.S. crude oil futures are on track for their worst week since March 2023, plunging over 12% to around $98 per barrel amid a sharp de-escalation in Middle East tensions.