SPDR Dow Jones Industrial Average ETF

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Invesco QQQ Trust Series 1

Snap, Inc. is a technology company, which engages in the provision of a visual messaging application that was created to help people communicate through short videos and images. The company was founded by Frank Reginald Brown IV, Evan Thomas Spiegel, and Robert C. Murphy in 2010 and is headquartered in Santa Monica, CA.

Snap Inc - Ordinary Shares - Class A

Snap Inc

Snap is trending as investors scrutinize the company's path to profitability and management's effectiveness ahead of its upcoming earnings report. The community remains deeply divided, with many debating the impact of the firm's voting structure and competitive headwinds while others highlight the potential for long-term growth through its AR glasses and subscription offerings.

SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The company was founded on September 2, 2005 and is headquartered in Santa Clara, CA.

SoundHound AI Inc - Ordinary Shares - Class A

SoundHound AI Inc

SoundHound AI is experiencing heightened volatility and intense social media scrutiny as investors position themselves ahead of the upcoming earnings report, with community sentiment split between bulls anticipating a short squeeze due to high short interest and skeptics questioning the company's valuation and business model. The conversation is currently fueled by the recent launch of the OASYS agentic AI platform and institutional stake increases, which are being weighed against concerns over profit timelines and competitive pressure.

IREN Ltd. is a vertically integrated data center business powering the future of Bitcoin, AI and beyond with renewable energy. It is strategically located in renewable-rich, fiber-connected regions across the US and Canada. IREN’s large-scale, grid-connected facilities are purpose-built for the next generation of power-dense computing applications. The company was founded by Daniel Roberts and William Roberts on November 6, 2018, and is headquartered in Sydney, Australia.

IREN Ltd.

IREN Limited

IREN is seeing significant momentum and bullish sentiment following the acquisition of Mirantis, a strategic move that provides a crucial software layer for its AI cloud infrastructure and positions the company to better compete with peers like Nebius. The stock is actively trending as investors monitor potential hyperscaler contract announcements ahead of upcoming earnings, with high call volume reflecting optimism that the company is successfully executing its pivot to a full-stack AI infrastructure provider.

AppLovin Corp. engages in the development and operation of a mobile marketing platform. It offers AppDiscovery, MAX, Adjust, and SparkLabs. Its software-based platform caters to mobile application developers to improve the marketing and monetization of applications. The company was founded by Andrew Karam, John Krystynak, and Adam Foroughi in 2011 and is headquartered in Palo Alto, CA.

Applovin Corp - Ordinary Shares - Class A

Applovin Corp

AppLovin is driving significant debate as it navigates volatility, with bulls highlighting the stock as a profitable machine characterized by exceptional margins and strong AI ad engine momentum, while skeptics point to a recent prospectus filing for a shelf offering as a potential catalyst for dilution. Investors are closely monitoring the stock's wide price swings and its ability to maintain growth, with many in the community debating whether the current price action is a temporary shakeout or a broader re-rating of software sector valuations.

Whirlpool Corp. engages in the manufacturing and marketing of home appliances. Its products include home laundry appliances, refrigerators and freezers, cooking appliances, home dishwashers, and room air-conditioning equipment, mixers, and portable household appliances. The firm's brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, and Indesit. It operates through the following geographical segments: Major Domestic Appliances (MDA) North America, Major Domestic Appliances (MDA) Latin America, Small Domestic Appliances (SDA) Global, and Others. The company was founded by Emory Upton, Fred Upton, and Louis C. Upton on November 11, 1911 and is headquartered in Benton Harbor, MI.

Whirlpool Corp.

Whirlpool is facing severe selling pressure after providing a weak full-year earnings outlook and citing recession-level demand for appliances in North America. The community is actively debating the stock's long-term viability, with many pointing to the dividend suspension as a catalyst for forced institutional selling while contrarian traders scout for a potential bottom.

Ernexa Therapeutics, Inc. engages in the provision of cell engineering therapies. It is involved in the development of mRNA cell engineering technologies to repair cellular dysfunction and treat a range of therapeutic indications. The company was founded in 1984 and is headquartered in Cambridge, MA.

Ernexa Therapeutics Inc.

Ernexa Therapeutics is trending due to significant attention surrounding its recent release of preclinical data on ERNA-101, which reported complete tumor clearance and long-term survival in ovarian cancer models. The community remains deeply divided, with some investors highlighting the potential of the MD Anderson collaboration and high short interest, while skeptics warn of potential dilution traps and the limitations of preclinical mouse studies.

Agilon Health, Inc. engages in the provision of healthcare services. It also provides capital, data, payor relationships, executive experience, and contract support that allow physician groups to take on the risk of total care for their patients. The company was founded by Ronald A. Williams and Veeral Desai in 2016 and is headquartered in Westerville, OH.

Agilon Health Inc

Agilon Health is trending as investors digest a series of earnings reports and leadership transitions, with community sentiment split between those viewing the current valuation as a deep-value opportunity and those concerned about ongoing management performance and potential dilution. The conversation is heavily focused on the stock's high volatility, low float, and intense speculation regarding a possible takeover or fundamental turnaround under new leadership.

Himax Technologies, Inc. is a semiconductor solution provider dedicated to display imaging processing technologies. It operates through the Driver Integrated Circuit and Non-Driver Products segments. The company's products include display drivers, timing controllers, wafer level optics, video and display technology solutions, liquid crystal over silicon silicon, complementary metal-oxide semiconductor image sensor, and power integrated circuit. Its products used in TVs, laptops, monitors, mobile phones, tablets, digital cameras, car navigation, virtual reality (VR) devices and many other consumer electronics devices. Himax Technologies was founded by Biing Seng Wu and Jordan Wu on June 12, 2001 and is headquartered in Tainan, Taiwan.

Himax Technologies - ADR

Himax Technologies, Inc.

Himax Technologies is experiencing a surge in trading volume and bullish sentiment following a recent research report identifying the company as a key supplier for Nvidia's AI data center infrastructure and potential optics partnerships. Community discussion is heavily focused on the stock's significant move in volume and technical breakout potential, with many investors debating whether this price action represents a sustainable rerating of the business as an AI photonics player or a temporary spike driven by speculative hype.

Zevra Therapeutics, Inc. is a commercial-stage rare disease company that combines science, data and patient needs to create therapies for diseases with limited or no treatment options. The firm focuses on the treatment of rare neurological and sleep conditions such as certain Urea Cycle Disorders, Niemann Pick Disease Type C and Idiopathic Hypersomnia. The company receives royalties for AZSTARYS from its commercial partner Corium. The company was founded by Christal M. M. Mickle and Travis C. Mickle on October 30, 2006 and is headquartered in Celebration, FL.

Zevra Therapeutics Inc

Zevra Therapeutics is trending as the community highlights recent strong revenue growth and debt repayment, fueling speculation about an imminent acquisition by a larger pharmaceutical player. Investors are closely tracking near-term catalysts, including potential European regulatory approval and patent extensions, while actively debating the valuation disconnect compared to similar recent biotech sector deals.

Kratos Defense & Security Solutions, Inc. engages in the provision of mission critical products, services and solutions for United States national security priorities. It operates through the Kratos Government Solutions (KGS) and Unmanned Systems (US) segments. The KGS segment consists of an aggregation of KGS operating segments, including microwave electronic products, space, satellite and cyber, training solutions. The US segment refers to the unmanned aerial, unmanned ground, unmanned seaborne and related command, control and communications system businesses. The company was founded on December 19, 1994, and is headquartered in Round Rock, TX.

Kratos Defense & Security Solutions Inc

Kratos Defense is trending due to a wave of positive analyst sentiment and significant contract wins that underscore its pivotal role in the Pentagon's expanding drone and hypersonic defense pipeline. While the community is actively debating the stock's recent volatility and valuation, many remain bullish, pointing to the company's robust backlog and alignment with long-term national security priorities as key reasons for future growth.

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<ul class="summary-bullets"><li>Bloomberg analyst Eric Balchunas said prediction market exchange-traded funds could offer low-cost, regulated access to bet on macro events like elections and Fed decisions.</li><li>Institutional interest in prediction markets is rising, with ARK Invest partnering with Kalshi.</li><li>Critics like&nbsp;Strike CEO&nbsp;Jack Mallers&nbsp;stated that the products resemble gambling, citing data showing most users lose money while profits concentrate among a small group.</li></ul>Prediction market exchange-traded funds (ETFs) could go mainstream, offering investors a regulated and low-cost way to bet on macroeconomic events, Bloomberg’s Eric Balchunas said on Tuesday, even as critics compare the products to gambling.Balchunas, a Senior ETF analyst at Bloomberg,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/EricBalchunas/status/2051637839553507576">noted</a>&nbsp;in a post on X&nbsp;that ETFs could allow investors to take positions on outcomes, in elections, Federal Reserve decisions, and recession risks simply in a “yes/ no fashion.”&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/EricBalchunas/status/2051637839553507576" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_05_05_at_11_29_59_AM_png_01a4ff8a84.webp" alt="Screenshot 2026-05-05 at 11.29.59 AM.png" width="1182" height="1378"></a><figcaption>Eric Balchunas on prediction markets. Source: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/EricBalchunas">@EricBalchunas</a>/x</figcaption></figure>He argued that betting on the event itself removes the need for traditional market forecasting, and that ETF structures tend to appeal to investors because they are regulated, accessible through brokerage accounts, and relatively low-cost.&nbsp;According to Balchunas, prediction market ETFs could become “more popular and legit than people think.”<h2 class="st-heading-2">Prediction Markets Compared To Gambling Platforms</h2>However, the trend has drawn sharp criticism from some crypto industry leaders.Strike CEO Jack Mallers&nbsp;on Monday&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/jackmallers/status/2051299850021396781?s=20">said</a>&nbsp;in a post on X&nbsp;that prediction markets resembled gambling platforms rather than tools for financial empowerment. “Prediction markets aren’t freedom, they’re Las Vegas in a new outfit,” Mallers&nbsp;wrote,&nbsp;adding&nbsp;that such platforms monetize speculation driven by fiat currency dynamics.<figure class="image"><a class="st-link-external" href="https://x.com/jackmallers/status/2051299850021396781?s=20" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_05_05_at_11_34_36_AM_png_91829c0a16.webp" alt="Screenshot 2026-05-05 at 11.34.36 AM.png" width="1168" height="888"></a><figcaption>Jack Mallers criticises prediction markets. Source: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/jackmallers">@jackmallers</a>/x</figcaption></figure>Mallers cited a Wall Street Journal&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/finance/investing/polymarket-kalshi-betting-profits-prediction-markets-eb23ac11?mod=e2tw">analysis</a> that found 67% of profits on Polymarket were concentrated among just 0.1% of accounts, while most users incurred losses. He contrasted prediction markets with Bitcoin (BTC), describing it as a system designed for saving rather than speculation.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $80,987, up over 2% during the past 24 hours. On Stocktwits, the retail sentiment around BTC remained in the ‘bullish’ zone, while chatter around it moved to ‘high’ from ‘normal’ zones over the past day.<h2 class="st-heading-2">Wall Street Push Meets Crypto Skepticism</h2>These&nbsp;comments come as prediction platforms like Polymarket and Kalshi have become increasingly popular over the last few years, where users trade contracts tied to real-world outcomes.&nbsp;Earlier this year, Cathie Wood’s ARK Invest&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/ark-invest-cathie-wood-kalshi-hinges-on-wisdom-of-the-crowds/cZJj1ziRIMI">partnered</a> with Kalshi, signaling the rising institutional interest in integrating prediction markets into more traditional financial frameworks. Other top crypto firms, such as&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/coinbase-reportedly-plans-prediction-markets-launch-with-kalshi/cLICp6DRE89">Coinbase</a> (COIN) and&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/gemini-beats-coinbase-to-market-as-prediction-markets/cLe7wveREoy">Gemini</a> (GEMI), have also ventured into prediction markets.&nbsp;The rising interest comes as prediction markets are&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.cnbc.com/2026/04/14/prediction-markets-will-grow-to-1-trillion-by-2030-bernstein-says.html">projected</a> to reach $1 trillion by 2030, according to Bernstein. However, the regulatory momentum around the products has stalled.&nbsp;The US Securities and Exchange Commission (SEC) has&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/prediction-market-etfs-put-on-hold-by-sec-over-structure-concerns/cZQMUmcReJS">reportedly</a> put on hold multiple prediction-market ETFs scheduled for launch this week. This includes the Roundhill ETF, which was expected to launch today.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-bitcoin-swap-ripple-cto-schwartz-portfolio-shift/cZQwCHnRe9T">Ex-Ripple CTO Reveals He Sold 26 Million XRP For Bitcoin, Only Holds Ripple Stock To 'Sleep Better At Night'</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

An LED sign outside the D Las Vegas advertises that the property now accepts Bitcoin on January 22, 2014 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)

Prediction Markets ETFs Could Make The Sector ‘More Legit,’ Analyst Says – But Critic Calls Them ‘Las Vegas in a New Outfit’

In April, Ark Invest teamed with Kalshi to use the data to incorporate prediction markets into their own research.

Prediction Markets ETFs Could Make The Sector ‘More Legit,’ Analyst Says Amid Debut Delay

Cryptocurrency

<ul class="summary-bullets"><li>Cathie Wood said Bitcoin’s correlation with gold has remained low at 0.14 since 2019, reinforcing its role as a distinct asset.</li><li>She pointed to PepsiCo’s price cuts as an example of “good deflation,” linking lower costs to stronger demand and growth.</li><li>Wood said falling AI costs and easing inflation could boost liquidity and create a supportive backdrop for Bitcoin.</li></ul>ARK Invest CEO Cathie Wood on Sunday pointed to PepsiCo’s (PEP) pricing strategy to explain how falling costs could drive demand and support risk assets like&nbsp; Bitcoin (BTC).Bitcoin’s correlation with gold has been around 0.14 since 2019, close to zero, showing that it’s a separate asset class, not a traditional macro hedge,” Wood&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=PEW36B3bOzw">explained</a> on The Rollup podcast on Sunday.To explain this idea, Wood pointed to PepsiCo’s Frito-Lay business, where price cuts of around 15% recently led to stronger-than-expected sales volumes. She described this as “good deflation,” where lower prices encourage more spending and boost overall demand.She said a similar dynamic was playing out in technology, particularly in artificial intelligence (AI), where training costs are falling sharply, and inference costs are dropping as much as 85% to 95% per year. This cost compression, Wood argued, could accelerate adoption and productivity, supporting real economic growth even as inflation goes down.<h2 class="st-heading-2">Liquidity Shift Supports Bitcoin Outlook</h2>That backdrop, Wood said, was already reshaping the macro narrative. While markets continue to view the Federal Reserve as “hawkish,” Wood pointed to improving global liquidity conditions and easing inflation signals. She cited “Trueflation,” a blockchain-based inflation tracker, which shows a continued downward trend in price pressures.According to Wood, the combination of falling inflation and resilient growth could give the Fed room to loosen policy, creating a more supportive environment for liquidity and risk assets like Bitcoin.<h2 class="st-heading-2">Bitcoin’s Dead Zone</h2>Within crypto markets, she referenced analysis from on-chain analyst David Puell, in the latest Bitcoin quarterly&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.ark-invest.com/crypto-reports/bitcoin-quarterly-q1-2026">report</a> last week, who identified a potential “dead zone” between $50,000 and $55,000 for Bitcoin, suggesting that range could act as a structural bottom in weaker conditions. Bitcoin has since traded near the $80,000 level, marking a return toward multi-month highs.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $79,486, up by 1% over the past 24 hours, marking a return to multi-month highs. On Stocktwits, the retail sentiment around BTC moved to ‘bullish’ from the ‘neutral’ zone, while chatter around it stayed in the ‘normal’ levels over the past day.Separately, last month ARK has also&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://cathiesark.com/ark-funds-combined/trades">trimmed</a> Bitcoin exposure, selling 243,147 shares of its ARK 21Shares Bitcoin ETF (ARKB) as part of ongoing portfolio rebalancing.&nbsp;<a href="https://stocktwits.com/symbol/ARKB">ARKB’s price</a> was up over 2% during morning trading hours. On Stocktwits, the retail sentiment around ARKB remained in the ‘bearish’ zone, while chatter around it stayed in the ‘extremely low’ levels over the past day.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-mstr-price-target-is-rising-despite-bitcoin-buying-pause/cZQMAnWReJE">MSTR Gets A Price Target Boost As Bitcoin Bets Deepen – Even As Strategy Takes A Breather From Weekly BTC Buying</a>For updates and corrections, email newsroom[at]stocktwits[dot]com

Cathie Wood, Founder & CEO, Ark Invest (Photo by Joe Raedle/Getty Images)

Pepsi ‘Playbook’ Meets Bitcoin: Cathie Wood Sees Liquidity Fueling Next Surge

ARK Invest has recently reduced Bitcoin exposure, selling 243147 shares of its ARK 21Shares Bitcoin ETF, even as Bitcoin’s price has steadily risen.

<ul class="summary-bullets"><li>Michael Saylor said investors have about a decade to “stake their claim” in a new economy, calling Bitcoin the “digital manifestation of economic scarcity.”</li><li>He compared the opportunity to early YouTube-era breakouts like Justin Bieber, urging investors to use new tools to build wealth beyond traditional systems.</li><li>Blockstream CEO Adam Back echoed the view, describing Bitcoin treasury strategies as an arbitrage between today’s fiat system and a “hyperbitcoinized” future.</li></ul>Strategy (MSTR) Executive Chairman framed Bitcoin (BTC) as a rare anchor of ‘scarcity’ in a rapidly expanding, abundance-driven economy.Speaking on The Peter McCormack Show this week, Saylor&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=cDr8Ssi6gM0">explained</a> that investors now have a limited window to position themselves, arguing there are “roughly 10 years to stake your claim in the new economy.” At the center of that shift, he placed Bitcoin, calling it the “digital manifestation of economic scarcity” and “the highest form of capital ever created.”The Strategy Chairman framed the opportunity in generational terms, comparing it to early internet-era breakthroughs. “Do something nobody has done before, with tools not available to your parents,” he said, likening the moment to how Justin Bieber, the pop music sensation, was discovered on YouTube. He further described Bitcoin accumulation as a hedge against fiat debasement.<h2 class="st-heading-2">Bitcoin As Arbitrage Between Two Systems</h2>Saylor’s comments rest on a broader view that technological and artificial intelligence (AI) progress will drive an era of excess rather than shortage. “People worry there won’t be enough,” he explained. “The problem is there will be too much.” In that environment, he argued, owning scarce assets will become the only durable form of financial security.Blockstream CEO Adam Back also resonated with a similar view. Back, who invented Hashcash on which Bitcoin was based, recently&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/adam3us/status/2050029160110673972">described</a> Bitcoin treasury strategies as “an arbitrage between the fiat present and the hyperbitcoinized future,” emphasizing that capital was already beginning to reposition.<figure class="image"><a class="st-link-external" href="https://x.com/adam3us/status/2050029160110673972?s=20" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_05_02_at_10_14_12_AM_png_bb95c8d8c8.webp" alt="Screenshot 2026-05-02 at 10.14.12 AM.png" width="1058" height="268"></a><figcaption>Adam Back on Bitcoin's role. Source: <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/adam3us">@adam3us</a>/x</figcaption></figure><a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $78,170, up about 1% over the past 24 hours. On Stocktwits, the retail sentiment around BTC moved to ‘bearish’ from the ‘neutral’ zone, while chatter around it remained at ‘normal’ levels over the past day.&nbsp;<h2 class="st-heading-2">Traditional Markets Still Hold Ground</h2>The outlook, however, stands in contrast to more conventional market views.&nbsp;Steve Eisman, the investor known for his role in “The Big Short,” where he bet against the US housing market ahead of the 2008 financial crisis,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=osKrww-RHGk">said</a> he does not see major risks in current conditions.Speaking to CNBC on Friday, Eisman described the economy as increasingly “K-shaped,” in which sectors diverge sharply, with areas like AI and large banks performing strongly while others lag behind.“I don’t have a problem with the market right now,” he said, adding that he prefers traditional financial institutions. “I don’t like alternatives,” Eisman noted, while reiterating his bullish stance on banks.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/iran-reopen-strait-of-hormuz-nuclear-talks-president-trump-rejects/cZQoQUZRe7R">Iran Offers To Reopen Strait Of Hormuz, Delays Nuclear Talks, But President Trump Rejects Proposal: Report</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Michael Saylor speaks at the Bitcoin Conference 2026, a premier event for cryptocurrency and blockchain enthusiasts, held in Las Vegas, Nevada, United States on April 27, 2026. (Photo by Tayfun Coskun/Anadolu via Getty Images)

Michael Saylor Compares Bitcoin Moment To Justin Bieber’s Breakout—Says Investors Have 10 Years To Get In

Steve Eisman, the “Big Short” investor, said equities and banks are healthy in the current economy, a contrast to the crypto industry's forecast.

<ul class="summary-bullets"><li>Anthony Scaramucci stated that U.S. crypto legislation, including the CLARITY Act, may not pass for two to three years.</li><li>Speaking at the Solana Policy Summit, Scaramucci said that bank lobbying and political gridlock are significant factors delaying progress.</li><li>Scaramucci saw the Bitcoin slump as a cyclical market trend and predicted a revival by the end of the year.</li></ul>Anthony Scaramucci revealed this week that U.S. crypto legislation, including the CLARITY Act, may not pass for the next two to three years, even as he framed the current Bitcoin (BTC) downturn as part of a “cyclical” market cycle.<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=nt_7K1PXaPI">Speaking</a> at the Solana Policy Summit, the founder of SkyBridge admitted that the timeline has slipped despite his initial expectation that important bills would be approved by the end of 2025. “If you had asked me [if] the Clarity Act would be passed by the end of 2025, I would have said yes,” he said, adding that “here we are, we don’t have clarity passed.”&nbsp;He attributed the slowdown largely to bank lobbying pressure, particularly over stablecoin yields, as well as broader political gridlock, noting that competing interests in Washington have made reaching consensus difficult.&nbsp;&nbsp;Despite the delays, regulatory clarity remains critical for broader adoption, he said. “If you don’t get the clarity act… you’re not going to get the banks to really open up,” he said, highlighting limitations in custody, lending, and other services without clear rules.Scaramucci stressed that adoption still depends on the passage of the CLARITY Act, despite the delays. Major banks are unlikely to fully participate in cryptocurrency without it, he said, which would limit services like lending, custody, and wider integration into traditional finance.<h2 class="st-heading-2">When Will Bitcoin’s Bear Market Be Over?&nbsp;</h2>Scaramucci said the current Bitcoin weakness was a familiar pattern, tied to the four-year market cycle. “This is a cyclical bear market… you typically don’t get any type of real recovery until the first quarter of next year,” he said, later adding that a rebound could begin around “October, possibly November.”&nbsp;&nbsp;<a href="https://stocktwits.com/coins/bitcoin">Bitcoin's price</a> was trading at $78,060, up 0.4% in the last 24 hours. On Stocktwits, retail sentiment around BTC remained in the 'bullish' zone, while chatter stayed in the 'normal' levels over the past day.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_04_26_at_10_40_40_AM_png_fb4798fa64.webp" alt="Screenshot 2026-04-26 at 10.40.40 AM.png" width="1126" height="110"><figcaption>BTC retail sentiment and message volume on April 26 as of 10:41 a.m. ET | Source: Stocktwits</figcaption></figure><blockquote>“Everybody is a long-term investor until they have short-term losses. The minute they have short-term losses, they go crazy.”— Anthony&nbsp;Scaramucci, founder and managing partner of SkyBridge Capital</blockquote>He also pointed to selling pressure from large holders as a factor in recent declines, with “whales… pumping lots of coins into the supply” around recent highs contributing to the downturn. In the short term, Scaramucci maintained that sentiment remains overly negative, contending that the broader trajectory for Bitcoin and digital assets is still being influenced by long-term adoption trends.Read also: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/apecoin-crashes-after-surge-then-crashes/cZBkK9WRe22">ApeCoin Crashes After 88% Surge, Then Dumps—Leverage-Fueled Rally Turns Volatile</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Founder of Skybridge Capital and former White House Communications Director Anthony Scaramucci speaks during the 10th annual SALT Conference at the Bellagio on Wednesday, May 8, 2019, in Las Vegas. (Photo by David Becker)

Anthony Scaramucci Warns CLARITY Act Could See 3-Year Delay, While Calling Bitcoin Downturn ‘Cyclical’

SkyBridge founder highlighted that selling pressure from large holders, or "whales," has contributed to recent price declines.

CLARITY Act Could Face 3-Year Stall, Says SkyBridge Capital’s Scaramucci

<ul class="summary-bullets"><li>U.S. spot Bitcoin exchange-traded funds recorded over $1 billion in year-to-date inflows, reversing earlier outflows, according to Bloomberg ETF analyst Eric Balchunas.</li><li>He added that&nbsp;cumulative lifetime net inflows stand at around $58 billion, highlighting resilience despite recent price volatility.</li><li>Major Wall Street firms have also deepened their involvement in crypto ETFs, with Bloomberg analyst James Seyffart calling Bitcoin “hot sauce.”</li></ul>Bloomberg ETF analyst Eric Balchunas reported on Monday that US spot Bitcoin (BTC) exchange-traded funds (ETFs) were entering what he described as the “big boy” category, as inflows rebounded and cumulative assets approached record levels.On X, Balchunas&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/EricBalchunas/status/2046189886537871782">noted</a> that year-to-date (YTD) inflows had crossed the $1 billion mark after a period of outflows earlier this year, signaling a shift in investor sentiment toward long-term allocation rather than short-term trading.&nbsp;<figure class="image"><a class="st-link-external" href="https://x.com/EricBalchunas/status/2046189886537871782" target="_blank" rel="noopener noreferrer nofollow"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_04_20_at_12_09_56_PM_png_79a2714e90.webp" alt="Screenshot 2026-04-20 at 12.09.56 PM.png" width="950" height="1162"></a><figcaption>Eric Balchunas on Bitcoin ETFs. Source: @<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://x.com/EricBalchunas">EricBalchunas</a>/x</figcaption></figure>He added that total lifetime net inflows for spot Bitcoin ETFs were now around $58 billion, closing in on the previous peak of approximately $62.8 billion, despite ongoing volatility in Bitcoin prices. The spot Bitcoin ETFs now hold over $100 billion in total assets, according to&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.coinglass.com/etf/bitcoin">data</a> from Coinglass.The renewed demand has been accompanied by sustained buying activity. According to SoSoValue&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://sosovalue.com/assets/etf/us-btc-spot">data</a>, Bitcoin ETFs accumulated nearly 8,572 Bitcoin in a single day last week, while total purchases over a 10-day period reached nearly 24,200 Bitcoin, indicating consistent inflows into the asset class.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $75,284, down 0.5% in the last 24 hours. On Stocktwits, retail sentiment around BTC remained in the ‘bullish’ zone, while chatter stayed at ‘high’ levels over the past day.<h2 class="st-heading-2">Wall Street Accelerates Bitcoin ETF Push</h2>The rebound in ETF inflows came as major Wall Street firms deepened their involvement in Bitcoin-linked investment products, helping drive sustained demand for spot ETFs.Morgan Stanley (MS)&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/morgan-stanley-s-bitcoin-etf-to-launch-on-wednesday-with-lowest-fee/cZJJwFERIpu">launched</a> its own Bitcoin exchange-traded fund, MSBT, earlier this month, marking a significant step in expanding access to the asset through traditional financial channels. Similarly, Goldman Sachs has also&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/goldman-sachs-joins-morgan-stanley-in-bitcoin-etf-race-across-wall-street/cZJqJ0mRIHU">reportedly</a> filed for a Bitcoin-linked ETF, signaling further momentum across large financial institutions.These developments reflect growing participation from traditional financial institutions in Bitcoin ETFs.&nbsp;In an interview with Natalie Brunell earlier this month, the Bloomberg analyst James Seyffart&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bloomberg-analyst-bets-bitcoin-etfs-says-it-is-hot-sauce-in-a-portfolio/cZJTJUmRIo5">highlighted</a> Bitcoin’s growing role, stating there are “more use cases” for Bitcoin ETFs in portfolios and predicting they could eventually surpass gold ETFs in total assets. He also described Bitcoin as “hot sauce” in a portfolio, noting that even small allocations can have an outsized impact due to its multiple roles.Read also: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/defi-bleeds-exploit-layerzero-calls-it-another-lazarus-hit/cZBdXCiRIz3">DeFi Bleeds $7B In A Day After $290M Exploit – Layer Zero Calls It Another Lazarus Hit</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Bitcoin Cryptocurrency Value Goes Down : Illustration. (Photo Illustration by Chesnot/Getty Images)

Bitcoin ETFs Enter ‘Big Boy’ Category While $1 Billion Inflows Push Toward Record Highs

Strong buying momentum continued last week, with Bitcoin ETFs purchasing 8,572 BTC in a single day and nearly 24,200 BTC over the last 10 days, pushing holdings close to prior highs. 

<ul class="summary-bullets"><li>Jordi Visser said on Saturday that Bitcoin was emerging as a “critical scarcity” asset as artificial intelligence drives shortages in compute and infrastructure.</li><li>He argued markets are at an inflection point, with capital moving away from traditional software and toward scarcity-linked assets like Bitcoin and miners.</li><li>Visser pointed to a “persistent bid” from institutions, citing flows into Strategy, Morgan Stanley’s exchange-traded fund traction, and growing access via major platforms.</li></ul>Bitcoin (BTC) is emerging as a “critical scarcity” asset in the age of artificial intelligence (AI), with potential to reach 3% to 5% allocations in client portfolios, macro investor Jordi Visser said on Saturday.Speaking on the Pomp Podcast hosted by entrepreneur Anthony Pompliano, Visser, who has over three decades of market experience and currently serves as the Head of Research in his firm, 22v,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=SlPpXs_8WI4">said</a> that the rapid growth of AI was driving shortages in key resources such as compute and infrastructure, reshaping how investors think about value.He said markets are approaching an “inflection point,” where capital is beginning to shift away from traditional software businesses and toward assets linked to scarcity, including Bitcoin and crypto miners.&nbsp;Visser also pointed to what he described as a “persistent bid” for Bitcoin, driven by growing institutional participation. He cited strong inflows into Strategy (MSTR), which&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/mstr-made-billion-in-bitcoin-over-two-weeks-says-saylor-btc-gain-is-the-closest-analog-to-net-income/cZJtkGURIwN">acquired</a> more than $1 billion worth of Bitcoin in the first two weeks of April, traction in exchange-traded funds (ETFs) offered through firms like Morgan Stanley (MS), and expanding access through major brokerage platforms. The trend is also being reinforced by broader moves on Wall Street, with Goldman Sachs recently&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/goldman-sachs-joins-morgan-stanley-in-bitcoin-etf-race-across-wall-street/cZJqJ0mRIHU">expanding</a> its Bitcoin ETF offerings.Visser argued that financial advisors and private wealth managers were likely to formalize Bitcoin’s role in portfolios, with allocations in the 3%-5% range becoming more common as adoption increases.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $75,072, down by 2% over the past 24 hours. On Stocktwits, the retail sentiment around BTC remained in the ‘bullish’ zone, while chatter around it stayed in the ‘high’ levels over the past day.&nbsp;<h2 class="st-heading-2">AI-Driven Scarcity And Bitcoin’s Role</h2>Visser’s comments build on arguments he outlined in a recent&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/wall-street-veteran-says-bitcoin-is-entering-its-strongest-regime-yet/cZJjYxrRIMa">essay</a>, in which he explained that artificial intelligence was not creating pure abundance but rather driving new forms of scarcity in energy and infrastructure.He argued that while AI may reduce costs in software and labor, it is simultaneously increasing demand for physical resources, creating constraints that traditional monetary policy cannot easily address. In that environment, Visser said Bitcoin stands out as a scarce digital asset, positioned to benefit from both macroeconomic shifts and rising demand for alternatives to traditional financial systems.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/schwab-citadel-circle-prediction-markets-bernstein-boom/cZBT65FRIy5">Schwab, Citadel Circle Prediction Markets While Bernstein Calls $1 Trillion Boom — Even As Regulators Close In: Report</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

SEC Validates Listing Of Bitcoin Investment Fund. (Photo illustration by Chesnot/Getty Images)

Bitcoin Is The Ultimate AI-Era Scarcity Asset, Says Macro Veteran Wall Street Strategist Eyeing 3% To 5% Portfolio Allocations

Veteran Wall Street investor Jordi Visser’s view builds on his belief that AI is increasing scarcity and strengthening Bitcoin’s role.

<ul class="summary-bullets"><li>The US Department of Justice opened a claims process on Monday, allowing victims of the $4 billion OneCoin Ponzi scheme to seek compensation from recovered funds.</li><li>OneCoin founder Ruja Ignatova promoted the token as a “Bitcoin killer” before disappearing in 2017.</li><li>U.S. authorities have secured convictions against key figures, including the co-founder and former legal head, with 20 and 4-year prison sentences, respectively.</li></ul>The US Department of Justice (DOJ) announced on Monday the launch of a remission process allowing victims of the OneCoin scam to apply for compensation from forfeited assets, in a case tied to ‘Cryptoqueen’ Ruja Ignatova.The funds are derived from criminal forfeiture actions related to federal prosecutions in the Southern District of New York. Authorities say the OneCoin Ponzi scheme duped investors of more than $4 billion worldwide, involving victims in the U.S., U.K., Germany, and China. A part of the seized money, which presently exceeds $40 million, will be made available to qualified claimants who file applications by June 30.<h2 class="st-heading-2">Rise Of The ‘Cryptoqueen’ And OneCoin’s Collapse</h2>According to a 2019 BBC&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bbc.com/news/stories-50435014">report</a>, Ignatova branded herself the “Cryptoqueen” and launched OneCoin in 2014. She promoted it as a direct rival to Bitcoin (BTC), which sparked a frenzy in the market at the time.&nbsp;The report explained that she described the token as a “Bitcoin killer,” claiming it would become the world’s leading cryptocurrency, beating Bitcoin, which was valued at over $500 per coin at the time. However, investigators later found that OneCoin had no underlying blockchain and operated entirely as a global Ponzi scheme. Docuseries “Fugitive: The Mystery of the Cryptoqueen,” was also created on Ignatova.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s (BTC) price</a> was trading at $75,631 on Tuesday morning, gaining over 5% over the past 24 hours. On Stocktwits, retail sentiment around BTC moved to 'bullish' from the ‘neutral’ zone, while chatter stayed at ‘high’ levels over the past day.<h2 class="st-heading-2">Charges, Disappearance, And Ongoing Manhunt</h2>US prosecutors&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.fbi.gov/wanted/topten/ruja-ignatova/@@download.pdf">charged</a> Ignatova in October 2017 with wire fraud, securities fraud, and money laundering. Ignatova, who had worked as a consultant at an MBB firm before founding OneCoin, disappeared only 2 weeks later. The Federal Bureau of Investigation (FBI) placed her on its “Ten Most Wanted Fugitives” list, while offering a&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://2021-2025.state.gov/reward-for-information-german-national-ruja-ignatova/">reward</a> of up to $5 million for any information on her.The DOJ said on Monday that victims who purchased OneCoin during the scheme’s operation between 2014 and 2019 could now file claims as part of the remission process.OneCoin co-founder Karl Sebastian Greenwood&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.justice.gov/usao-sdny/pr/co-founder-multi-billion-dollar-cryptocurrency-pyramid-scheme-onecoin-pleads-guilty">pleaded guilty</a> in December 2022 and was sentenced to 20 years in prison and ordered to pay $300 million in penalties. Additionally, OneCoin’s former head of legal and compliance, Irina Dilkinska, was also&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.justice.gov/usao-sdny/pr/head-legal-and-compliance-multibillion-dollar-cryptocurrency-pyramid-scheme-onecoin-0#:~:text=Damian%20Williams%2C%20the%20United%20States,the%20massive%20OneCoin%20fraud%20scheme.">sentenced</a> to four years in prison in April 2024 and ordered to forfeit $111.44 million after pleading guilty to related charges. However, ‘Cryptoqueen’ Ruja Ignatova is yet to be found.&nbsp;<h2 class="st-heading-2">One Of The Largest Crypto Fraud Cases</h2>The OneCoin case remains one of the “largest global fraud schemes” linked to cryptocurrency. Similar cases emerged in recent years, including&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.justice.gov/archives/opa/pr/bitconnect-founder-indicted-global-24-billion-cryptocurrency-scheme">BitConnect</a>, a crypto lending platform that collapsed in 2018 and was later found to have operated as a Ponzi scheme. U.S. authorities have since pursued enforcement actions and initiated efforts to return a portion of recovered funds to affected investors.The development from the DOJ also aligns with recommendations in the White House’s July digital assets&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.whitehouse.gov/wp-content/uploads/2025/07/digital-Assets-Report-EO14178.pdf">report</a> released last year, which said victim-compensation rules should be updated to improve asset-forfeiture efforts in the digital assets space.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/rolr-stock-crypto-com-prediction-markets-surge/cZJqd9ARIHZ">This Small-Cap Stock Is Riding Crypto.com Into A $1 Trillion Opportunity</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Visual Representation Of The Digital Cryptocurrency, Bitcoin in Paris. (Photo by Chesnot/Getty Images)

Victims Of FBI's Most Wanted 'Cryptoqueen' In $4B Scam Set For Compensation After A Decade

The ‘Bitcoin killer’ case remains one of the largest crypto fraud cases globally, as per the Federal Bureau of Investigation.

<ul class="summary-bullets"><li>Macro investor Jordi Visser says Bitcoin is beginning to decouple from technology stocks, breaking a long-standing correlation that defined how institutional investors categorized the asset.</li><li>Visser argues that artificial intelligence disruption threatens the pricing power and margins of traditional software companies, while Bitcoin is one of the few digital assets that could benefit rather than be disrupted.</li><li>The macro setup is favorable for Bitcoin, and the strongest historical regime for Bitcoin comes when inflation runs above short-term yields.</li></ul>Bitcoin (BTC) may be entering its "strongest regime yet" as global markets are reshaped by a mix of artificial-intelligence&nbsp;(AI)&nbsp;disruption, growing inflation, and structural scarcity, believes Jordi Visser, a strategist with 30 years of Wall Street expertise in traditional finance and macroeconomics.In his most recent&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://visserlabs.substack.com/p/how-ai-inflation-and-scarcity-are">Substack</a>&nbsp;published on Saturday, Visser,&nbsp;the former managing director at Morgan Stanley, said that Bitcoin&nbsp;was&nbsp;starting to decouple from its long-standing association with technology equities, a change that might alter its position in portfolios. "Bitcoin has started to separate from its software correlation," he noted, as conventional technology is under increasing threat from fast improvements in AI.<h2 class="st-heading-2">AI Disruption Reshapes The Investment Landscape</h2>Visser contended that AI is no longer merely a productivity tale, but a disruptive force that affects labor, software economics, and business pricing power. As AI agents become more capable of doing sophisticated jobs ranging from coding to negotiating, the value of conventional software enterprises may suffer.However, Bitcoin stands out. Unlike other IT businesses, it is not dependent on sales, margins, or corporate demand. Instead, its value is predicated on fixed supply and digital scarcity, making it, in Visser's opinion, one of the few "code-based" assets that might gain rather than be disrupted by AI.<h2 class="st-heading-2">Macro Setup Turning Favorable</h2>The second pillar of Visser's theory is macroeconomics. He mentioned a possible move toward negative real interest rates, in which inflation exceeds short-term yields, a circumstance previously linked to positive Bitcoin performance. “The strongest regime for Bitcoin is when CPI is above short-term yields, and the Fed is on hold or easing,” Visser noted, adding that such conditions have previously driven outsized returns.He also mentioned a shifting inflation dynamic, driven not by short-term shocks, but by structural demand for physical resources such as energy, semiconductors, and infrastructure required to enable AI development.&nbsp;<h2 class="st-heading-2">The Rise Of Scarcity Economy</h2>Visser also brought up&nbsp;concerns&nbsp;about how well existing financial institutions would hold up in the age of powerful AI, especially when it comes to cybersecurity and systemic weaknesses. He said that Bitcoin's attractiveness as a decentralized option for a low-trust environment might grow as centralized solutions become more risky.Visser remarked that the emergence of AI agents taking part in economic activities might be a major long-term driver. These systems may choose assets with high liquidity, clear regulations, and acceptability throughout the world since they can trade and distribute capital on their own. Bitcoin's current network effects, together with its limited supply and use by businesses,&nbsp;make it a possible default layer for transactions made by machines.<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $72,788, up over 0.1% over the past 24 hours. On Stocktwits, retail sentiment around BTC remained in the ‘bullish’ zone, while chatter stayed at ‘normal’ levels over the past day.Read also: <a href="https://stocktwits.com/news-articles/markets/equity/after-47-years-us-and-iran-begin-direct-talks-while-us-vice-president-vance-leads-negotiations/cZJjYg9RIM9">After 47 Years, US And Iran Begin Direct Talks While US Vice President Vance Leads Negotiations</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Photo Illustration Of The Bitcoin Crash. (Photo by Samuel Boivin/NurPhoto via Getty Images)

 ‘The Strongest Regime For Bitcoin’ Is When CPI Runs Above Short-Term Yields, And A Former Wall Street Strategist Says We're Almost There

The former managing director of Morgan Stanley raised the long-term possibility of AI agents operating autonomously in financial markets, which may gravitate toward Bitcoin as a default settlement layer.

<ul class="summary-bullets"><li>Ark Invest said on Friday that it is using Kalshi prediction market data as a macro research tool, rather than for trading, to track market expectations.</li><li>Ark Invest CEO Cathie Wood and Director of Research Nick Grous said prediction markets captured the “wisdom of the crowd,” offering insights beyond traditional economic models.</li><li>The update comes as Kalshi secured key legal wins in the U.S., reinforcing its position as a federally regulated prediction market platform.</li></ul>Ark Invest CEO Cathie Wood said&nbsp;on Friday that the firm was leveraging data from Kalshi’s prediction markets to refine its macro research, as Cathie Wood bets that “wisdom of the crowd” signals could reshape investing strategies and revive active management.In the latest&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=PdVv_vLkUgk">episode</a> of “In the Know,” released on Friday, Cathie Wood spoke with Nick Grous, Director of Research at Ark Invest, about how the firm was using prediction markets to inform its analysis of economic and market-moving events.“Right now, we’re not participating in these markets. We’re using them as data insights,” Grous said, emphasizing that the firm was not trading on Kalshi but using it to track expectations.The collaboration with Kalshi, a US-regulated prediction market platform, will enable Cathie Wood’s investment firm to monitor how market participants price outcomes across macroeconomic and industry-specific events. Grous described the approach as tapping into the “wisdom of the crowd,” offering an additional layer of insight alongside traditional models.Wood said the use of prediction markets could have broader implications for investing strategies. “This could be the beginning of a resurgence in active equity management,” she said, noting that increased visibility into event-driven outcomes may shift attention away from passive investing.Ark Invest and Kalshi&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.businesswire.com/news/home/20260326312193/en/ARK-Invest-Adopts-Kalshi-to-Better-Inform-Investors">announced</a> a collaboration last month.&nbsp;<a href="https://stocktwits.com/symbol/ARKB">ARK 21Shares Bitcoin ETF (ARKB)</a>, which has direct exposure to Bitcoin (BTC), closed at over $24 on Friday. On Stocktwits, the retail sentiment around ARKB dropped to ‘bearish’ from the ‘bullish’ zone, while chatter around it dropped to ‘low’ from ‘normal’ levels over the past day.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_04_11_at_7_44_20_AM_png_eede557308.webp" alt="Screenshot 2026-04-11 at 7.44.20 AM.png" width="948" height="112"><figcaption>ARKB retail sentiment and message volume on April 11 as of 7:44 a.m. ET | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Kalshi Secures Regulatory Wins In The US</h2>Earlier this week, Kalshi&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://storage.courtlistener.com/recap/gov.uscourts.ca3.125099/gov.uscourts.ca3.125099.105.0.pdf">secured</a> a significant legal victory after the US Court of Appeals for the Third Circuit ruled that New Jersey could not enforce its state gambling laws against the platform. The court held that Kalshi’s event contracts fall under the jurisdiction of the Commodity Futures Trading Commission (CFTC), marking the first federal appellate decision on the classification of such products.The ruling effectively reinforced Kalshi’s position as a regulated prediction market operator at the federal level, with CEO Tarek Mansour calling it “a big win for the industry.”Additionally, Kalshi received&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/articles/2026-04-11/kalshi-wins-reprieve-from-arizona-criminal-case-at-cftc-s-urging">relief</a> in a criminal case in Arizona on Saturday, where proceedings were paused at the CFTC's urging, further highlighting ongoing regulatory debate around prediction markets in the US. Read also: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-outpaces-bullion-amid-us-iran-de-escalation-cathie-woods-flags-shift-in-market/cZJj0nvRIM4">Bitcoin Outpaces Bullion Amid US-Iran De-escalation, Cathie Wood Flags Shift In Market</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

 Ark Invest’s Cathie Wood Says Tie-Up With Kalshi Hinges On ‘Wisdom of the Crowds’

Cathie Wood said that collaboration with a prediction market could drive a “resurgence in active equity management” as investors focus more on event-driven outcomes.

<ul class="summary-bullets"><li>Bitcoin rose over 8% over the past week, rebounding from recent lows and outperforming gold.</li><li>The divergence came as the US-Iran ceasefire talks progressed, easing demand for traditional safe-haven assets</li><li>Bitcoin traded above the $ 72,000 level on Saturday, while gold hovered near $4,750 per ounce.&nbsp;</li></ul>Bitcoin (BTC) climbed sharply this week, rising nearly 9% and outperforming gold, as easing geopolitical tensions and renewed diplomatic efforts shifted investor sentiment across markets.This happened as diplomatic talks between the US and Iran started to progress. On Saturday, US Vice President JD Vance arrived in Islamabad to lead&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/jd-vance-lands-in-islamabad-for-high-stakes-peace-talks-with-iran/cZJjhoXRIME">ceasefire talks,</a> with senior Iranian officials also participating in discussions aimed at de-escalating the conflict. Earlier this week, on Tuesday, President Donald Trump&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://truthsocial.com/@realDonaldTrump/posts/116365796713313030">announced</a> that he would stop military action against Iran, opening the door for negotiations.&nbsp;<a href="https://stocktwits.com/coins/bitcoin">Bitcoin’s price</a> was trading at $72,887, up over 1% over the past 24 hours and about 8% over the past week, recovering from earlier lows near $67,000. On Stocktwits, the retail sentiment around BTC remained in the ‘bullish’ zone, while chatter around it remained at ‘neutral’ levels over the past day.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_04_11_at_6_55_13_AM_png_3cdb4d8126.webp" alt="Screenshot 2026-04-11 at 6.55.13 AM.png" width="966" height="120"><figcaption>BTC retail sentiment and message volume on April 11 as of 6:55 a.m. ET | Source: Stocktwits</figcaption></figure>In contrast, gold prices were slightly lower over the week, trading near $4,750 per ounce and slipping marginally as demand for safe-haven assets softened. On Stocktwits, retail sentiment around&nbsp;<a href="https://stocktwits.com/symbol/GLD">SPDR Gold Shares (GLD)</a> remained in the ‘bearish’ zone, while chatter stayed at ‘low’ levels over the past day.<figure class="image"><img src="https://news.stocktwits-cdn.com/Screenshot_2026_04_11_at_6_55_43_AM_png_034f8ba292.webp" alt="Screenshot 2026-04-11 at 6.55.43 AM.png" width="956" height="104"><figcaption>GLD retail sentiment and message volume on April 11 as of 6:55 a.m. ET | Source: Stocktwits</figcaption></figure><h2 class="st-heading-2">Cathie Wood Flags Bitcoin’s Shift Against Gold</h2>Cathie Wood, the CEO of Ark Invest, also&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.youtube.com/watch?v=PdVv_vLkUgk">talked</a> about the recent move. She said Bitcoin had resumed outperforming gold after a period of divergence. She said that the relationship between the two assets had changed in recent years, especially after the Federal Reserve began tightening monetary policy in 2022, which caused gold and Bitcoin to stop moving together.Wood said, "Bitcoin has been going up compared to gold again." She said that changing expectations about interest rates could be a big reason. She added, "We're probably going to be surprised that interest rates are going down instead of up."&nbsp;Wood also linked the shift in part to expectations around Federal Reserve leadership, referring to Kevin Warsh as a potential next Fed chair and describing him as “slightly hawkish.”Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/jd-vance-lands-in-islamabad-for-high-stakes-peace-talks-with-iran/cZJjhoXRIME">JD Vance Lands In Islamabad For High-Stakes Peace Talks With Iran</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

An artisanal miner sifts through crushed ore powder for gold particles at a small-scale gold mine in Zimbabwe. Photographer: Cynthia R Matonhodze/Bloomberg via Getty Images

Bitcoin Outpaces Bullion Amid US-Iran De-escalation, Cathie Wood Flags Shift In Market

Ark Invest’s Cathie Wood said Bitcoin has begun outperforming gold again after diverging during the Federal Reserve’s tightening cycle in 2022.

ARK 21Shares Bitcoin ETF - ARK 21Shares Bitcoin ETF Beneficial Interest

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