Buyers are attempting to push Bitcoin above the $70,000 level, but some analysts believe the upside may be limited and a drop below the $60,000 support is likely. Key points: Bitcoin rose above the $70,000 level on Monday, but analysts remain skeptical, expecting a drop below the $60,000 support. Several major altcoins have bounced off their supports, indicating demand at lower levels. Read more
Strategy resumed Bitcoin purchases, acquiring 4,871 BTC for $329.9 million, while reporting a $14.46 billion unrealized loss and expanding its holdings. Michael Saylor’s Strategy, the world’s largest publicly listed holder of Bitcoin, resumed buying BTC last week after reporting no purchases in the final week of March. Strategy acquired 4,871 Bitcoin (BTC) for $329.9 million last week, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at an average price of $67,718 per coin, below the company’s overall average acquisition price of $75,644. The new acquisitions bring Strategy’s holdings to 766,970 BTC, acquired for a total cost of around $58 billion. Read more
A darknet threat actor is selling new fraud kit to trick KYC identity verification systems on financial platforms via AI-generated deepfakes and real-time voice altering. A threat actor known as “Jinkusu” is allegedly selling cybercrime tools designed to bypass Know Your Customer (KYC) checks at banks and crypto platforms. The tool uses deepfakes and voice manipulation to trick KYC verification systems on finance platforms, cybercrime tracker Dark Web Informer wrote in a Sunday X post. Cybersecurity company Vecert Analyzer added that Jinkusu uses AI for real-time face swaps via InsightFace for “fluid gesture transfers,” along with voice modulation to evade biometrics. Read more
Institutional crypto flows through prime brokerages that enforce TradFi custody standards. Ripple's $1.25B Hidden Road acquisition signals a permanent infrastructure shift. Opinion by: Dominic Lohberger, chief product officer at Sygnum. Counterparty risk in crypto markets has always moved in cycles. Exchanges default or get hacked. Standards tighten for a while. Then, complacency quietly returns as losses are forgotten. What is happening this time is different. Read more
Marc Andreessen says AI job loss fears are “all fake” and predicts a “massive jobs boom,” as fresh US data show increasing long-term unemployment and tech companies citing AI while cutting positions. Marc Andreessen said artificial intelligence will spark a “massive jobs boom,” dismissing fears of widespread job losses as “all fake” in a Sunday post on X. His optimism contrasts with a March US jobs report showing unemployment holding steady at 4.3%, while the number of people unemployed for 27 weeks or more rose by 322,000 over the past year. Andreesen shared a Business Insider report showing a sharp rise in tech job openings in 2026, with more than 67,000 software engineering roles, a twofold increase from 2023, and argued that employers had recovered from post-pandemic hiring corrections and the interest rate spike. Read more