Coinsori

Crypto exchange Zonda said a cold wallet holding around 4,500 Bitcoin is currently inaccessible as the platform faces concerns over delayed withdrawals.

Zonda CEO Przemysław Kral posted a video statement on Thursday disclosing the exchange’s wallet address, saying the private keys to the wallet were never handed over.

In the statement, Kral denied accusations of misappropriating funds, saying the private keys were intended to be handed over by Zonda founder and former CEO Sylwester Suszek, who has been missing since 2022.

“So for all those who claim that I had anything to do with Sylwester's disappearance, this is the prime argument that I care the most about Sylwester being found,” Kral said.

The disclosure follows weeks of controversy around the exchange after local reports suggested a probe into Zonda by Polish authorities, followed by an analysis by blockchain platform Recoveris, which alleged Zonda could have been insolvent based on a sharp drop in the exchange's hot wallet balances.

Last recorded transaction dates to November 2025

Kral’s public disclosure of the wallet marks the first time that Zonda has disclosed the address amid the controversy.

The address cited by the CEO holds 4,503 Bitcoin
BTCUSD
currently worth about $334 million, with the last transaction recorded in November 2025 as of the time of publication.

The CEO previously denied insolvency claims following the hot wallet investigation by Recoveris on April 6, insisting that Zonda remained fully solvent with more than 4,500 BTC in holdings.

CEO plans legal action, says Zonda will meet customer obligations

In the video, Kral said that much of Zonda’s recent withdrawal pressure was driven by an abnormal spike in withdrawal requests, which he linked to negative media coverage.

He said Zonda normally processed around 100,000 withdrawal requests per year but saw more than 25,000 requests within hours and days around April 6.

Kral said the company plans to take legal action over what he described as false claims surrounding the exchange and promised to fulfill obligations to customers amid withdrawal concerns.

Polish lawmaker Tomasz Mentzen said on X that Zonda may have lost access to its cold wallet following the disappearance of former CEO Suszek. Kral did not explicitly say the funds were lost, but said the private keys to the wallet were never transferred during the company handover.

Suszek has reportedly been missing since March 2022, with reporting referencing alleged criminal ties among certain shareholders of Zonda, formerly BitBay.

The exchange was founded in Poland in 2014 and rebranded as Zonda in 2021. Kral told Cointelegraph in February that the company registered in Estonia amid regulatory uncertainty in Poland, citing delays in implementing the European Union-wide Markets in Crypto-Assets (MiCA) regulation.

The issue has drawn the exchange into a broader political debate, adding pressure on regulators and increasing scrutiny of Poland’s crypto sector.
source: https://www.tradingview.com/news/cointelegraph:172f82ff6094b:0-zonda-exchange-says-4-5k-btc-wallet-inaccessible-amid-withdrawal-crisis/

Key points:
Charles Schwab clients will maintain a separate crypto account through Schwab Crypto, which will be linked directly to their brokerage accounts.
The company said its clients already hold approximately 20% of spot crypto exchange‑traded products.
Schwab reported first-quarter EPS of $1.43 on Thursday, topping estimates of $1.39, while revenue of $6.48 billion came in line with expectations.
Charles Schwab (SCHW) announced on Thursday that it would be launching spot crypto trading for its clients with direct access to Bitcoin (BTC) and Ethereum (ETH), marking a deeper push into the crypto-centric market dominated by platforms like Robinhood (HOOD).

The firm said that it will begin a phased rollout to retail clients in the coming weeks, starting off with Bitcoin and Ethereum. It said it plans to add more cryptocurrencies over time, as well as transfer capabilities for both deposits and withdrawals.

SCHW’s stock fell more than 4.7% in midday trade as retail investors awaited updates on the ceasefire and peace deal between the U.S. and Iran. Retail sentiment around the brokerage improved to ‘extremely bullish’ from ‘bullish’ territory over the past day on Stocktwits. Chatter increased to ‘normal’ from ‘low’ levels.

Meanwhile, HOOD’s stock moved 1% lower in midday trade, with retail sentiment trending in ‘extremely bullish’ territory over the past, accompanied by chatter at ‘extremely high’ levels.

How Does Schwab Crypto Work?

Schwab clients will maintain a separate crypto account through Schwab Crypto, which will be linked directly to their brokerage accounts. It is designed to feel like an extension of their existing brokerage rather than a separate “app‑within‑an‑app.”

Paxos, which also issues PayPal’s (PYPL) stablecoin PayPal USD (PYUSD), will deliver sub-custody and trade execution services.

This is not Schwab’s first foray into the digital assets space. Its clients hold approximately 20% of spot crypto exchange‑traded products. That existing exposure suggests a built-in audience familiar with digital assets, even if they have not traded them directly.

This contrasts with Robinhood’s model, where crypto trading is often concentrated within its standalone product and associated with shorter-term, high-frequency strategies.

Charles Schwab Beats Q1 Earnings, Revenue

Schwab reported earnings of $1.43 on Thursday morning, beating Wall Street’s expectations of $1.39, according to Koyfin data. Revenue came in at $6.48 billion, at par with analysts’ forecast.

Consensus estimates on Koyfin put the average price target on SCHW’s stock at $116.85, a potential upside of over 22% from current levels. Meanwhile, the average price target on HOOD’s stock stands at around $102, which represents a potential upside of nearly 19%.

Of the 22 analysts covering SCHW stock, 8 rated the shares a ‘Strong Buy,’ and 11 rated them as ‘Buy.’ Two analysts gave it a ‘Hold’ rating, while one recommended ‘Strong Sell’. HOOD’s stock is covered by 27 analysts, with four giving it a ‘Strong Buy’ rating, 15 recommending ‘Buy’, five recommending ‘Hold’, and three rating it a ‘Sell’ or ‘Strong Sell’.

HOOD’s stock has fallen nearly 25% year-to-date but has more than doubled its value over the past 12 months. Meanwhile, SCHW’s stock has fallen around 4% this year and gained around 25% in the last 12 months.
source: https://www.tradingview.com/news/stocktwits:7003a6e4d094b:0/

Brokerage and banking stalwart Charles Schwab is modernizing its offerings, beginning a rollout of its planned crypto trading platform and giving retail clients access to bitcoin and ethereum for the first time.

The new offering, simply called Schwab Crypto, will be introduced in phases over the coming weeks, confirming a previously stated timeline for a second-quarter launch following a waitlist phase earlier this month.

At launch, clients will be able to trade bitcoin (BTC) and ethereum (ETH) 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 said it will charge 75 basis points per transaction. The crypto accounts will be offered through Charles Schwab Premier Bank, with the firm taking the role as custodian, while blockchain infrastructure provider Paxos will handle trade execution.

The rollout comes with a few early constraints. Depositing and withdrawing digital assets will be disabled on launch. Clients will have to purchase any BTC or ETH that they want to trade directly through Schwab. The service will also be unavailable for New York and Louisiana residents.

Schwab said it plans to expand the platform over time, including adding more cryptocurrencies and enabling transfers, but no specific timeline was offered.

The new platform puts Schwab more directly in competition with crypto-native platforms such as Coinbase and retail trading apps like Robinhood, as well as other traditional firms exploring similar offerings.

Schwab reported $12.22 trillion in client assets and nearly 39 million active brokerage accounts as of early 2026, giving the rollout added weight as large financial institutions push deeper into digital assets.

The announcement came alongside Schwab’s first-quarter earnings, where the firm reported record profit of $1.43 per share on $6.48 billion in revenue, falling just short of expectations.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
source: https://www.tradingview.com/news/the_block:0b32f6344094b:0-charles-schwab-begins-rollout-of-spot-bitcoin-ethereum-trading-platform/

Fundstrat’s chief investment officer, Tom Lee, says the next big move in markets won’t be led by stocks — it’ll be driven by crypto. Speaking Wednesday on CNBC’s “Closing Bell,” Lee argued that Bitcoin and Ether are positioned to lead the next leg of the rally, alongside the Magnificent 7 tech stocks and the broader software sector.

Crypto And Tech Move In Step

He also said some investors are still sitting on the sidelines, waiting for more clarity on the Middle East conflict before putting money to work — and that their eventual return could push prices higher.

His comments came on a day when markets moved decisively. The Nasdaq Composite closed at a new all-time high of 24,016, up 1.60% for the session.

The S&P 500 tagged its own record at 7,022, gaining 0.78%. Tech stocks as a group were up more than 2% on the day, according to data from Yahoo Finance.
Bitcoin kept pace. The world’s largest cryptocurrency briefly hit $76,000 on Wednesday, up roughly 1.20% over the prior 24 hours. That move was part of a broader run — BTC has climbed nearly 10% over the past two weeks.

A War Winding Down

Much of Wednesday’s optimism was tied to signals out of Washington. US President Donald Trump said that the US-Iran conflict may be close to ending. “If I pulled up stakes right now, it would take them 20 years to rebuild that country,” Trump said. “We’ll see what happens. I think they want to make a deal very badly.”

Trump stopped short of declaring victory. A deal, he made clear, has not been struck. But the tone was enough to lift investor confidence across both equity and crypto markets, with traders interpreting the comments as a sign that the geopolitical pressure weighing on risk assets could soon ease.Bulls See Room To Run

Lee, known for his bullish market calls, pushed back against any suggestion that the recent rally has run out of steam. He posted on X that stocks tend to bottom on bad news — not good — making the case that the upward move has further to go.

His view is that the market and US economy have held up well despite the ongoing conflict, and that the conditions for continued gains remain in place.

Whether crypto leads equities or simply rides alongside them remains to be seen. But on Wednesday, at least, both were pointing in the same direction — up.

Featured image from MetaAI, chart from TradingView
source: https://www.tradingview.com/news/newsbtc:ff1e27457094b:0-bitcoin-hits-76k-as-tech-stocks-push-wall-street-to-fresh-records/

Bitcoin’s
BTCUSD
price trajectory has largely been positive since the US-Iran war, though it has also been volatile. On April 14, BTC briefly climbed above $76,000, its highest price level since early February.

Realized profits hit $1.14 billion during the spike, one of the year’s largest single-day readings. However, the gains failed to hold.

Similarly, BTC’s surge over $75,000 yesterday was met with resistance again. The price adjusted to $74,656 as of press time.

But what is hindering Bitcoin’s rally? According to on-chain signals, it’s short-term holders.

Why Short-Term Holders Are Capping Bitcoin’s Rally

Analyst Darkfost noted that Short-Term Holders (STHs) significantly ramped up exchange flows as BTC tested $75,000 on April 15. Within 24 hours, more than 65,000 BTC moved to exchanges, with 61,000 BTC sent in profit.

“For now, any price increase is being treated as an opportunity to exit the market, whether in profit or at a loss.Yesterday, profits dominated, with 61,000 BTC sent to exchanges in profit. At this stage, STHs remain highly reactive to price movements,” the analyst wrote.

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On-chain analytics firm CryptoQuant identified the Traders’ On-Chain Realized Price at $76,800 as a key resistance level. This metric reflects the average cost basis of short-term traders and has historically capped relief rallies, including the January 2026 bounce.

As BTC tested $76,000 earlier this week, hourly exchange inflows rose to approximately 11,000 BTC. This marked the highest reading since late December 2025. According to CryptoQuant, this is,

“A historically reliable warning signal of near-term selling pressure, as holders move coins to exchanges in preparation for potential distribution at key resistance zones.”

The average exchange deposit jumped to 2.25 BTC, the highest daily reading since July 2024. Large individual transfers exceeding 1,000 BTC to Binance drove the increase.

Moreover, the share of large deposits as a percentage of total exchange inflows surged from below 10% to above 40% within days around the $76,000 level.

“Daily realized profits remain at approximately $500 million—below the $1 billion threshold that historically marks a significant profit realization spike in bear markets—suggesting that profit-taking has not yet peaked. If Bitcoin sustains near $76K or rallies further toward the $76.8K Traders’ Realized Price, realized profits could accelerate sharply, adding further near-term selling pressure,” the analysis added.

Glassnode’s weekly report reinforced this view. The 30-day EMA of the Realized Profit/Loss Ratio is 1.16, indicating that investors are broadly selling into strength.

The firm identified the True Market Mean at $78,100 as the critical level for any sustained recovery. A move above that threshold would require the market to absorb the current wave of profit-taking on a sustained basis, something that would demand a significant catalyst, according to the report.

With short-term holders treating every rally as an exit opportunity and institutional participation still rebuilding, Bitcoin faces a clear supply overhang that must be absorbed before any structural trend change can develop.

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source: https://www.tradingview.com/news/beincrypto:7efc8c3f6094b:0-bitcoin-s-biggest-problem-right-now-isn-t-the-market-it-s-its-own-holders/

U.S. spot bitcoin exchange-traded funds recorded their second consecutive day of net inflows on Wednesday, adding $186.1 million following the prior session's $411.5 million influx.

The 13-fund group has now accumulated around $57.1 billion since the ETFs first launched in January 2024, with total net assets reaching $97.6 billion as of April 15, or 6.5% of bitcoin's market capitalization, according to SoSoValue data.

Only two funds posted positive flows on Wednesday, including BlackRock's IBIT, which led all products with $291.9 million, its largest single-day inflow since the beginning of April. Morgan Stanley's MSBT ranked second with $19.3 million.

Notably, Morgan Stanley’s MSBT has eclipsed a primary competitor within its first week of operations. Just six trading days after its market debut, MSBT reached more than $103 million in total net inflows, moving past the $86 million cumulative total held by the WisdomTree Bitcoin Fund, according to Farside data.

Meanwhile, eight funds recorded zero net flows on the day. Fidelity's FBTC saw $47.4 million in outflows, while Ark Invest and 21Shares' ARKB and Grayscale's GBTC posted redemptions of $42.2 million and $23.4 million, respectively. Bitwise's BITB and VanEck's HODL recorded smaller outflows of $8.5 million and $3.7 million, SoSoValue data shows.

Bitcoin traded above $74,600 on Thursday, according to The Block's BTC price page. The benchmark cryptocurrency has gained 3% over the past week and 23% since hitting a low near $60,000 on Feb. 6. The price remains 41% below the all-time high of approximately $126,000 set on Oct. 6, 2025.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
source: https://www.tradingview.com/news/the_block:c1bb2dbde094b:0-bitcoin-etfs-add-186m-as-morgan-stanley-s-msbt-inflows-top-100m-in-first-six-trading-days/

The Bitcoin price is approaching a critical resistance zone as a crypto analyst warns of a potential volatility spike ahead. Apparently, an important liquidity cluster is stuck to this key level, with market participants watching closely for a breakout or rejection. How price reacts at this resistance zone could determine whether Bitcoin extends its recent rally from above $74,000 toward $79,000 or faces renewed selling pressure in the near term.

Bitcoin Price Nears Next Critical Resistance Level

On April 14, Ardi, a crypto market analyst on X, presented a new Bitcoin price analysis, unveiling a key resistance level around $76,000 that could determine the cryptocurrency’s next short-term move during the ongoing bear market. Ardi has pointed to heavy liquidity clustered between $75,000 to $76,000 on his price chart, noting that Bitcoin is now rapidly rising toward this area.

Related Reading: XRP Analyst Says It’s ‘Almost Certain’ That Price Will Reach $1,000 In This Timeframe

According to the analyst, this resistance zone has been building since early March this year and contains a mix of trapped traders, including late short sellers and early breakout buyers who were caught on the wrong side of price action. Ardi explained that if Bitcoin successfully breaks above the level, it could trigger a chain reaction in the market.

He stated that short sellers may be forced to close their positions by buying back, while sidelined buyers could re-enter the market, adding upward pressure to Bitcoin’s price. He noted that this dynamic could push BTC toward the next liquidity pocket between $77,500 and $79,300, where price is likely to face another test of resistance.

In the near term, the analyst says he is looking to take quick long trades if the breakout occurs, but only under strict market conditions. Ardi emphasized the importance of BTC not just breaking $76,000, but holding firmly above it. A successful move could see the level flip from resistance into support, signaling that buyers have taken control of the market. On the other hand, failing to hold that level could invalidate the setup and signal a false breakout, potentially leading to an extended price decline.

Breakout Above $76,000 May Trigger A Squeeze

The $76,000 region is considered particularly significant because of the concentration of market participants there. Ardi noted that many traders will likely react to this level, with some attempting to sell into the strength, which could make a breakout even harder. Despite this, the analyst added that if BTC manages a clean move above this resistance, it could trigger a squeeze higher, potentially accelerating price sharply to the upside.

Looking at the bigger picture, the analyst remains cautious about Bitcoin’s outlook. While a short-term rally is possible, he still considers a lower high on the macro timeframe as the most likely outcome. Based on current market behavior, they suggest that BTC could peak somewhere between $79,000 and $81,000 before facing a fresh round of selling pressure.

At the same time, Ardi warned that downside risk remains. He indicated that a price drop below $74,900 is still on the table, and even if Bitcoin attempts a move higher, the $76,000 level could act as a strong barrier due to the amount of liquidity and interest there.
source: https://www.tradingview.com/news/newsbtc:244c32443094b:0-here-s-the-next-key-bitcoin-price-resistance-to-worry-about/

Blockstream CEO Adam Back said Thursday that a future post-quantum migration of Bitcoin could help clarify how many coins linked to Satoshi Nakamoto remain accessible, because any owner wanting to protect vulnerable holdings would need to move them to a new address format.

Speaking at Paris Blockchain Week, Back said such a migration would likely give users ample time to move funds and argued that coins left unmoved after that process could reasonably be treated as lost.

“This migration to post-quantum address format may tell us how many of those coins [Satoshi] still has,” said Back, adding that the pseudonymous creator has an estimated 500,000 to 1 million Bitcoin (BTC).

Satoshi’s Bitcoin stash has ignited heated debate among Bitcoin holders concerned by the quantum computing threat. On Wednesday, Jameson Lopp and five co-authors published a Bitcoin Improvement Proposal aimed at restricting the future movement of coins held in quantum-vulnerable address formats, including older coins whose public keys have already been exposed.

Blockchain data platform Arkham estimates that Nakamoto-linked wallets hold 1.09 million Bitcoin, currently valued at $81.6 billion.

Back sees long runway on quantum

Back said Bitcoin developers and holders still have substantial time to prepare, arguing that a quantum breakthrough capable of threatening Bitcoin signatures is at least 20 years away.

He argued that today’s quantum computers are “less powerful than a $5 calculator” and that some of their issues become more pressing as these systems scale, such as their energy consumption.

Back said that runway should give developers and users ample time to develop a post-quantum path and migrate to a new quantum-resistant standard underpinned by hash-based signatures.

In December 2025, Back’s Blockstream Research released a paper proposing a hash-based signature scheme that offers a “promising path for securing Bitcoin in a post-quantum world,” as a quantum-safe replacement for the ECDSA and Schnorr signatures. Under the proposal, security would rely solely on hash function assumptions, similar to the ones currently used in Bitcoin’s network design.

The Elliptic Curve Digital Signature Algorithm (ECDSA) uses elliptic-curve cryptography to verify the authenticity and integrity of a message. Schnorr signatures are another signature scheme praised for enhancing privacy and reducing data size, due to their ability to combine multiple signatures into one.
source: https://www.tradingview.com/news/cointelegraph:a547f83c4094b:0-adam-back-says-bitcoin-s-post-quantum-shift-may-reveal-true-satoshi-stash/

Key points:
Arthur Hayes said markets are in a ‘no trade zone’ due to geopolitical tensions and structural shifts from artificial intelligence.
According to him, Bitcoin may initially fall under stress before recovering with monetary easing in most scenarios.
He reiterated that Bitcoin’s price is driven primarily by fiat liquidity rather than traditional valuation metrics.
Co-founder and former CEO of BitMEX, Arthur Hayes, said on Thursday that the market is currently in a ‘no trade zone’ and that he can see four ways the tensions in the Middle East can play out and what each path could mean for Bitcoin.

“It’s a no-trade zone,” he wrote in his Substack newsletter, adding that Maelstrom, where he’s currently chief investment officer, was only adding to its long position on Hyperliquid (HYPE).

Hayes said there were two reasons why the market was in a “trading dead zone.” One was the proliferation of agentic AI, and the other was the U.S. launching a “war of choice” against Iran. According to him, how the former will play out largely depends on what arrangements will prevail when it comes to the flow of goods and services through the Strait of Hormuz.

Four Ways The US-Iran War Could End

Hayes outlined four ways that the Middle East conflict could play out and how it would impact Bitcoin’s price. One was nuclear Armageddon, which would wipe out the world, and Bitcoin, or any other money market, is unlikely to be relevant.

Short of total annihilation, Hayes said either things could return to normal, or Iran could successfully restrict the flow of traffic through the Strait of Hormuz using its proposed Bitcoin toll – if the U.S. fails in its blockade. If both options fail, it’s also possible that the U.S. could strike again to disable Iran and any limitations on traffic following through the waterway.

US-Iran War Outcomes And What They Could Mean For BTC

If the war ends and conditions stabilize, Hayes said the economy would still face pressure from AI-driven job losses and rising debt stress. For Bitcoin, this means its price may remain range-bound or only rise modestly until central banks begin injecting liquidity.

If Iran restricts oil flows and forces alternative payment systems, countries may sell U.S. assets, and global markets could weaken, initially causing Bitcoin to fall. However, even in this scenario, Hayes expects Bitcoin to recover once central banks step in with money printing.

On the other hand, if shipping routes are disrupted by a U.S. or Iranian blockade, uncertainty and volatility would likely pressure global markets. It could pressure Bitcoin in the short term, followed by a rebound driven by policy responses and increased liquidity.

Should the conflict escalate into a broader oil and geopolitical crisis, Bitcoin would likely drop sharply during the initial market panic but could surge later as governments print large amounts of money to stabilize the global economy.

Bitcoin's Price Needs Liquidity To Rise

Across all scenarios, Bitcoin tends to fall first during stress, then rise when money printing begins. “I believe the quantity of money determines the price of Bitcoin, not its price,” Hayes wrote. “Bitcoin has no cash flows, so the discount rate derived from central bank policy rates is irrelevant to valuing the magic internet money. But given Bitcoin’s fixed supply, its value in fiat terms depends on the total amount of fiat in existence.”

While Bitcoin (BTC) outperformed the S&P 500 after the initial breakout of the war, the stock market has corrected since and now leads BTC. Bitcoin’s price has gained more than 2% since February 28, and the S&P 500 is up nearly 3%. Gold, however, has lagged, down 5.5% since late February, while silver spot prices saw an even sharper drop of 11.5%.

Bitcoin’s price held steady at around $74,300, edging just 0.4% lower in the last 24 hours, ahead of the jobless claims report slated for later in the day. Meanwhile, the SPDR S&P 500 ETF Trust (SPY) moved 0.11% higher in pre-market trade. Both saw retail sentiment trending in ‘bullish’ territory over the past day on Stocktwits.

The SPDR Gold Shares ETF (GLD) moved 0.5% higher, and the iShares Silver Trust (SLV) moved 0.2% higher. Retail sentiment around GLD remained in the ‘bearish’ zone, while sentiment around SLV trended in ‘neutral’ territory over the past day.
source: https://www.tradingview.com/news/stocktwits:66cc6f567094b:0/

By Alex Kozul-Wright

The price of Bitcoin rose to nearly $75,000 early Thursday, as the U.S. and Iran agreed to meet in principle about extending their two week cease-fire agreement.

The world's largest cryptocurrency was up 0.4% to $74,209, according to CoinDesk data. Ethereum was down 0.6% and XRP was up 3.3%.

Crypto-linked stocks, meanwhile, were down. Brokerage firm Robinhood dropped 1.2% in early trading. Elsewhere, cryptocurrency exchange Coinbase fell 0.8% in premarket trading, as Strategy — the world's largest corporate holder of Bitcoin — dipped 0.8%.

With Washington and Tehran possibly set to return to the negotiating table, investors piled back into risk assets. The S&P 500 was up 0.2% while Nasdaq rose 0.3% early in the day, after the indexes closed at record highs Wednesday.

Deutsche Bank strategist Jim Reid said in a note: "Markets generally continue to trade on optimism that the conflict will ultimately be sorted out in weeks."

Dessislava Ianeva, an analyst at Nexo Dispatch, told Barron's in an interview: "$75,000 [for Bitcoin] could be an interesting psychological level. If it rises above that price, it could attract more buyers."

But she warned that sustained price action "will depend what happens in the Middle East," adding that "the rally remains fragile."

Looking ahead, digital asset traders will be hoping for a decisive end to the conflict. Until then, persistent geopolitical tensions may prevent a clear price move in one direction or the other.

Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

source: https://www.tradingview.com/news/DJN_DN20260416002163:0/

European companies exploring Bitcoin treasury strategies are unlikely to replicate the playbook pioneered by Michael Saylor’s Strategy, according to industry executives, who pointed to structural differences between US and European capital markets.

Speaking at Paris Blockchain Week 2026, Thomas Vogel, a partner in the Paris and Frankfurt offices of Latham & Watkins, said the constraints on issuing financial instruments in Europe differ significantly from those in the US, making a direct replication of the model difficult.

“If you issue convertibles in the US, the constraints are not the same as when you issue them out of a French balance sheet or a balance sheet in Europe,” Vogel said, pointing to differences in market depth, regulation and investor behavior.

Alexandre Laizet, who leads Bitcoin (BTC) strategy at France-based treasury firm Capital B, said European firms are instead looking to local market infrastructure, including French public markets and Luxembourg-based structures, to raise capital tied to Bitcoin exposure.

The remarks suggest Europe’s Bitcoin treasury model is likely to evolve as a local adaptation rather than a direct copy of Strategy’s US playbook.

Europe’s listed holders remain small

A growing number of European public companies now hold Bitcoin on their balance sheets, but the market remains fragmented across small and mid-cap names.

According to data from BitcoinTreasuries.net, Germany-based Bitcoin Group SE held 3,605 BTC worth about $268 million at the time of writing, though it has not disclosed its average cost or profit and loss.

Capital B held 2,925 BTC at an average cost of $99,932 per Bitcoin, reflecting a roughly 25.6% unrealized loss. In contrast, Sequans Communications, also based in France, held 2,139 BTC, with cost and performance data not disclosed.

Other European names show similar pressure from recent price moves. Netherlands-based Treasury held 1,111 BTC at an average cost of $111,857, representing about a 33.5% unrealized loss, while Sweden’s H100 Group held 1,051 BTC at an average cost of $114,615, with an unrealized loss of around 35.1%

The gap in scale remains significant compared with the US. On Monday, Strategy acquired 13,927 Bitcoin for about $1 billion in a single week, bringing its total holdings to 780,897 BTC.
source: https://www.tradingview.com/news/cointelegraph:d64ba1204094b:0-europe-s-bitcoin-treasury-playbook-won-t-be-a-copy-of-strategy-pbw-2026/

Bitcoin turns weaker as concerns over ongoing energy supply disruptions due to the Iran war and uncertainty over potential peace talks dampens risk appetite. Central mediator Pakistan said no date had yet been set for another round of negotiations between the U.S. and Iran. Iran has threatened to block shipping in the Persian Gulf, the Sea of Oman and the Red Sea in response to a U.S. blockade of Iranian ports in the Strait of Hormuz. More positively, President Donald Trump said leaders of Israel and Lebanon will speak on Thursday. Bitcoin falls 0.7% to $74,360 after earlier gains, LSEG data show. (renae.dyer@wsj.com)
source: https://www.tradingview.com/news/DJN_DN20260416003637:0/

Joe McCann, founder of crypto hedge fund Asymmetric Financial, is being held for questioning by the Tanzania Police Force following the death of his fiancée, lifestyle influencer Ashlee Jenae, at a luxury resort in Zanzibar on April 9, 2026. Tanzanian authorities have withheld his travel document and confirmed the investigation is ongoing.

The official cause of death has been listed as cerebral hypoxia by strangulation and suffocation. Tanzanian police have publicly stated the death appears to be suicide – but Robinson’s family has called it ‘suspicious’ and is pushing back hard on that ruling.

Savannah Britt, a PR executive and close friend of Robinson, posted publicly: “We need justice for my friend Ashlee Jenae who was found dead in her hotel in Tanzania and her fiancé Joe McCann claims she hung herself. Anyone who knows Ash knows she would NEVER commit suicide. We need answers now.”
DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in 2026

What Are the Confirmed Details of the Tanzania Investigation?

What is established: McCann and Robinson checked into the Zuri Zanzibar resort on April 6, 2026. The couple had become engaged on April 3 during a safari, Robinson’s jubilant proposal video, shared with her 110,000 Instagram followers, showed McCann on one knee among giraffes and zebras. Her final Instagram post, dated April 7, read: “Chapter 31 and I’m exactly where I need to be.”

On April 8, Robinson called her mother, Yolanda Denise Endres, to report she had argued with McCann and they had been moved to separate rooms. Resort staff relocated McCann to a different room – described as an eight-minute walk away – after the fight became volatile enough that staff acted “for their safety.” McCann later said he returned with a security guard and found Robinson hanging from a door.

Here is the detail Robinson’s family cannot move past: McCann did not notify Robinson’s parents for 11 hours after finding her. “He told me that Ashly did something to herself and she was being taken to the hospital, and he told me she was stable,” Endres told ABC13. “I said what happened, and he told me it had been 11 hours prior”.

Zanzibar Deputy Commissioner Zuberi Chembera confirmed on April 14 that a post-mortem examination is underway at Lumumba Hospital, and that McCann’s passport remains withheld while he assists as a witness. No arrests have been made. Under Tanzanian law, holding a witness’s travel documents while questioning proceeds – without formal charges – is a standard investigative tool, roughly equivalent to what U.S. authorities might call a material witness hold. It does not mean McCann is a suspect. It does mean he is not free to leave.

Robinson’s sister Alyssa Endres, 20, told the Daily Mail that a suicide would have been “extremely” out of character: “She was beautiful inside and out… all she could bring was life to everyone.” The family’s formal statement describes her passing as “suspicious” and says they are working closely with officials in Zanzibar while seeking answers.

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The post Crypto Hedge Fund Boss Joe McCann Detained: What We Know About the Tanzania Murder Investigation appeared first on 99Bitcoins.
source: https://www.tradingview.com/news/99Bitcoins:60937a90c094b:0-crypto-hedge-fund-boss-joe-mccann-detained-what-we-know-about-the-tanzania-murder-investigation/

Key points:
Bitcoin held ground on Thursday morning ahead of the U.S. jobless claims data and was on track for a third consecutive weekly gain.
Most altcoins among the top 10 cryptocurrencies by market capitalization outperformed Bitcoin.
XRP led gains after Ripple announced a new partnership with Kyoto Life Insurance in South Korea to support its tokenization push.
Ripple’s XRP (XRP) led gains among crypto majors, while Bitcoin (BTC) edged higher on Thursday morning ahead of the initial jobless claims report later in the day.

Consensus estimates expect jobless claims to be around 215,000. Last week’s reading came in at 219,000, exceeding market expectations of 212.000 and marking the highest level in a month.

Bitcoin’s price edged 0.7% higher in the last 24 hours to around $74,400 after falling below the $75,000 mark on Wednesday. On Stocktwits, retail sentiment around the apex cryptocurrency remained in ‘bullish’ territory over the past day, while chatter dipped to ‘normal’ from ‘high’ levels.

Meanwhile, XRP’s price jumped 4.4% in the last 24 hours to over $1.40 after Ripple announced a new partnership with South Korea’s Kyobo Life Insurance to tokenize government bond settlement. Retail sentiment around the token flipped to ‘bullish’ from ‘bearish’ over the past day, and chatter rose to ‘high’ from ‘normal’ levels.

Why Is XRP’s Price Rallying Today?

While the Kyobo Life Insurance partnership was the only official news trigger, some users on Stocktwits also attributed the pump in XRP’s price to the momentum around the CLARITY Act and the possibility of some progress on it this week.

https://www.stocktwits.com/MoneyTimeHigh/message/650399230

Others pointed to a possible integration between Solana (SOL) and XRP after the Solana Foundation account on X posted a single word, “XRP,” and pinned it to their feed, fueling speculation.

https://www.stocktwits.com/ItsAST3/message/650396519

Bitcoin On Track To End Third Consecutive Week In The Green

The overall cryptocurrency market edged 0.9% higher, moving just above the $2.6 trillion mark. Among the top 10 cryptocurrencies by market capitalization, XRP led gains, followed by Cardano (ADA), Dogecoin (DOGE), and Solana (SOL).

Cardano’s price rose 3.2% in the last 24 hours to around $0.24, whereas Dogecoin’s price rose 3% to around $0.09 and Solana’s price gained 2.4% over the past day, rising to over $85.

In weekly gains, Ethereum (ETH) and XRP currently lead the charts. Ethereum’s price rose 0.9% in the last 24 hours to around $2,300, with weekly gains at nearly 7%. XRP’s price has gained 5.8% this week, the last day’s rally largely adding to its tally. Meanwhile, Bitcoin has a weekly gain of 4.5% so far.

The apex cryptocurrency might have logged the largest gains, but it's on track to finish its third week in a row in the green. The last time this happened was in September 2025.
source: https://www.tradingview.com/news/stocktwits:d1b0bf912094b:0/

Quantum computing threat has become the talk of the blockchain industry. Therefore, BitMEX Research has proposed a “Canary Fund” system in April 2026 as a direct counter to BIP-361’s controversial Bitcoin freeze plan.

This news plan offers a proof-first, freeze-later approach that only locks vulnerable coins if a real quantum attack is actually seen on-chain.

New Approach to a Growing Quantum Concern

The fear around quantum computers breaking Bitcoin’s security has been growing fast. Recently, Coinpedia news reported that a proposal called BIP-361 suggested freezing older Bitcoin addresses over time to prevent possible attacks.

About 34% of Bitcoin, or 6.9 million coins, are still in older addresses that could be at risk.

However, this idea goes against Bitcoin’s core principle of ownership and decentralization, “not your keys, not your coins.”

To address this, BitMEX introduced a different path, one that focuses on proof before action.

BitMEX’s Alternative: The “Canary Approach,”

BitMEX says that acting too early could cause more harm than good.

Instead, they propose a “Canary Approach,” a system that only reacts when a real threat is proven.

This builds on their overall research series on quantum readiness, which includes:

Quantum Safe Lamport Signatures
Taproot Quantum Spend Paths
Mitigating the Impact of the Quantum Freeze
The Canary Fund is the next step in that framework.

How the Canary Fund Actually Works?

The system creates a special Bitcoin address using a Nothing-Up-My-Sleeve (NUMS) system. It’s a cryptographic method that publicly proves nobody holds the private key to that address.

Users can send Bitcoin to this address as a reward for anyone who can break it using a quantum computer.

If someone ever moves funds from this special wallet, it would be clear proof that quantum computers are strong enough to break Bitcoin’s security.

If nothing happens, there is no freeze, and Bitcoin keeps working as usual.

Therefore, instead of freezing millions of coins based on a possible future risk, the Canary Fund waits for real proof. This helps protect user ownership, reduce market panic, and keep Bitcoin’s decentralized nature intact.

It also creates a fair system where action only happens when it is truly needed.

Incentives and Risk Concerns

However, not everyone agrees with this logic. Bitcoin investor Nic Carter pointed out a major weakness in the idea.

He argued that a quantum attacker may not act openly or “honorably.” “We don’t necessarily know they will sequence things this way.”

Instead, they could quietly steal funds from large wallets and stay hidden, or target many smaller wallets for higher gains.

BitMEX admits the design is complex and not risk-free. It introduces new assumptions about attacker behavior and adds technical uncertainty.

But supporters of the idea believe it could reduce the damage of a sudden freeze while giving the network more time to respond if quantum threats ever become real.

For now, this remains a proposal, not a confirmed upgrade.
source: https://www.tradingview.com/news/coinpedia:a5f303588094b:0-bitmex-proposes-canary-fund-to-tackle-quantum-threat-without-freezing-bitcoin/

Bitcoin has climbed back toward a key on-chain resistance zone, but Glassnode says the move still looks more like a fragile rebound than the start of a fully convincing trend shift. In its latest The Week On-chain report, the analytics firm said Bitcoin was trading near $74,000, roughly 5.2% below the True Market Mean at $78,100, a level it framed as the market’s most important near-term test.

Glassnode’s central argument is that the market has improved enough to keep the rally alive, but not enough to remove the structural risks overhead. Spot demand has recovered, ETF flows have turned positive again, and institutional exposure is beginning to rebuild. Even so, profit-taking is rising, derivatives positioning remains cautious, and participation is still uneven across venues and investor groups.

Glassnode Flags A Fragile Bitcoin Rally Near Major Resistance

The report said Bitcoin “has gradually trended higher, now trading near $74k, approximately 5.2% below the True Market Mean, tracing the cost basis of active supply.” It added that while price has not yet broken above that threshold and held it, “the probability of a spike toward and potentially above it remains considerable in the mid-term.” That leaves the market in an awkward position: close enough to resistance for traders to focus on a breakout, but not yet strong enough to suggest the ceiling has truly given way.

One of the main reasons Glassnode stops short of endorsing the move outright is the behavior of short-term holders. The firm highlighted the share of short-term holder supply in profit, which measures how much recently acquired supply is sitting on unrealized gains. Historically, local tops in bear market rallies have often formed as that figure approaches its statistical mean of around 54.2%. It currently stands at 43.2%.

That, according to the report, means the rally may still have some room to run before it reaches a more typical exhaustion zone. But it is also a reminder that Bitcoin is moving into an area where distribution pressure tends to build, especially if newer market participants start using strength to de-risk.

Glassnode sees that process already underway in broader realized profit-taking metrics. The 30-day EMA of the realized profit/loss ratio now sits at 1.16, a reading above 1 that signals realized profits are outpacing realized losses. In the firm’s words, “the current reading of 1.16 confirms that investors are broadly seizing the present rally as an opportunity to exit positions at breakeven or capture thin profit margins. While this is not an immediate reversal signal, a sharp spike in this ratio during a bear market rally has historically been a cautionary indicator of distribution rather than genuine demand recovery.”

That distinction runs through the entire report. The rebound is real, Glassnode suggests, but the character of the move still matters. For the rally to evolve into something more durable, the market would need to absorb selling pressure and establish support above $78,100, not merely trade up to it.

Off-chain data tells a similar story. Spot cumulative volume delta has improved sharply since February’s capitulation, but the demand profile remains selective. Binance-led buying has outpaced Coinbase, suggesting stronger participation from offshore and retail-driven segments than from the institutional cohort often associated with Coinbase flows. Glassnode called that divergence notable, arguing that sustained rallies typically need broader engagement from both sides of the market.

Institutional proxies have also improved, albeit cautiously. CME futures open interest has started rebuilding from local lows, and US spot ETF assets under management have turned higher after a stretch of outflows. Still, neither series has returned to previous highs, which Glassnode said points to “a more cautious re-engagement, rather than a full risk-on shift.”

In derivatives, the firm found little evidence of strong directional conviction. Funding rates remain broadly balanced, implied volatility has compressed across the curve, and 25-delta skew continues to favor puts over calls, even if the tilt has softened from more defensive extremes. In plain terms, traders have reduced some of their stress hedging, but they have not rotated aggressively into upside exposure either.

Hyperliquid liquidation data reinforces that picture of a reactive market. Dense long liquidations sit between $63,000 and $65,000, while short liquidation clusters are concentrated around $74,000 to $76,000. Recent price action has repeatedly interacted with those zones, suggesting flows and liquidation mechanics are still shaping the range more than strong underlying conviction.

Glassnode also flagged dealer positioning as a key near-term market structure factor. A large pocket of negative gamma between $74,000 and $76,000 could amplify moves if spot continues higher, turning what might look like resistance into an area where hedging flows accelerate price. Even so, the report stops well short of declaring a breakout regime.

The result is a market that looks healthier than it did during the February washout, but still far from settled. Bitcoin bulls may have a clear target in $78,000, yet Glassnode’s message is that reclaiming it will require more than momentum alone. It will take sustained inflows, deeper institutional participation, and enough real demand to absorb the profit-taking now building into strength.

At press time, BTC traded at $74,905.

source: https://www.tradingview.com/news/newsbtc:115e96225094b:0-bitcoin-bulls-eye-78-000-but-glassnode-urges-caution/

Jean-Didier Berger, minister delegate to the interior minister of France, said authorities are taking measures to protect cryptocurrency investors from the growing threat of crypto kidnappings and wrench attacks in the country.

Speaking at Paris Blockchain Week, Berger said his office has taken “preventative measures” against crypto wrench attacks, including launching a prevention platform that has drawn thousands of sign-ups. He added that he was working with Interior Minister Laurent Nuñez on what he described as a more serious plan in the coming weeks.

His comments come days after another reported crypto-linked abduction in France this week, where a mother and her 11-year-old child were reportedly kidnapped in Burgundy on Monday by four suspects who demanded a 400,000 euro ($471,000) ransom from the father, a crypto entrepreneur. Authorities caught the suspects and freed the victims on Tuesday morning, reported news outlet France24, citing the Paris prosecutor’s office.

France has become one of the most prominent centers for so-called wrench attacks, in which victims are threatened or assaulted to force the transfer of digital assets, and the government is now under growing pressure to respond.

Wrench attacks see alarming surge in France

Since the beginning of the year, there have been 41 reported crypto-related kidnappings in France, meaning that on average, a similar attack occurred once every 2.5 days in 2026, reported local news outlet RTL on Wednesday.

Wrench attacks increased by 75% in 2025 to 72 verified cases worldwide, according to cybersecurity platform CertiK. France saw the most incidents during 2025, with 19 confirmed wrench attacks, while Europe accounted for roughly 40% of global incidents.
In another incident, a French couple in their late 50s was robbed of $1 million worth of Bitcoin (BTC) by criminals posing as police officers, Cointelegraph reported on March 10.

A month earlier, in February, French police arrested six people over the kidnapping of a magistrate and her mother in a crypto-linked ransom attack targeting the magistrate’s partner, a crypto entrepreneur.
source: https://www.tradingview.com/news/cointelegraph:ccba5a90d094b:0-french-minister-says-new-measures-are-coming-after-crypto-kidnappings/

Sygnum Bank Chief Investment Officer Fabian Dori argues that daily Bitcoin ETF flow tracking misses the structural shift happening underneath.

The Swiss digital asset bank’s top investment officer said the real story is not whether funds move in or out on a given day. Instead, it is that pensions, endowments, sovereign funds, and insurers now treat BTC as a standard portfolio component.

Wall Street Builds Bitcoin Plumbing

Dori pointed to three recent developments as evidence. First, JPMorgan’s research desk projected institutional Bitcoin ETF inflows could reach $15 billion in a conservative scenario and $40 billion in a constructive one for 2026.

That projection sits on top of the $56.6 billion the spot Bitcoin ETF complex absorbed in 2025.

Second, JPMorgan has begun issuing structured notes linked to BlackRock’s iShares Bitcoin Trust ETF
I
IBIT
. Dori described this as infrastructure, not a trade idea, calling it “plumbing” that signals permanent integration.

Third, Morgan Stanley Investment Management launched MSBT, its own spot Bitcoin ETF, recording roughly $34 million in first-day trading volume. That figure placed the fund in the top 1% of recent ETF debuts.

Rebalancing Mechanics Distort the Signal

Dori argued that much of what appears as ETF selling is actually portfolio rebalancing. When BTC rallies, a 2% allocation grows to 4%, and disciplined allocators trim.

Those sales register as outflows on daily trackers but reflect normal portfolio management.

He cited IBIT’s record $2.7 billion outflow streak in December 2025 as an example. Four months later, with BTC down roughly 30% year to date, the same fund pulled in another $1.5 billion in net inflows.

The price fell, but the money kept arriving.

“The spot Bitcoin ETF did not create demand. It removed an excuse,” noted Dori, Chief Investment Officer at Sygnum Bank.

Other Firms Share the View

Sygnum’s thesis is not isolated. Fidelity Digital Assets published research in March arguing that the question has shifted from whether to hold BTC to justifying a zero allocation.

Morgan Stanley’s investment management arm published an analysis on April 8 recommending modest crypto allocations with regular rebalancing.

21Shares released a report the same day advocating a 3% BTC allocation to harvest what it calls “volatility alpha” through systematic rebalancing.

Dori suggested that by the end of the decade, asking a serious allocator whether they hold BTC will seem as unusual as asking whether they hold bonds.

The more relevant question, he wrote, will be how much and why.
source: https://www.tradingview.com/news/beincrypto:b83e855b0094b:0-sygnum-bank-explains-bitcoin-s-institutional-maturity-as-wall-street-turns-it-into-portfolio-plumbing/

The Cato Institute, a Washington-based think tank, has taken aim at the U.S. tax treatment of bitcoin, arguing that the current framework makes everyday use of the asset as money impractical.

In a blog post published this week, research fellow Nick Anthony wrote that “bitcoin taxes make no sense,” pointing to capital gains rules that treat every transaction as a taxable event.

“It’s never been easier to use bitcoin as money,” Anthony said. “Yet, at the same time, the tax code puts an incredible burden on law-abiding citizens.”

Under current U.S. rules, bitcoin (BTC) is treated as property rather than currency. That means spending it — even on small purchases — requires users to calculate gains or losses based on when the asset was acquired and its value at the time of the transaction.

The result, Anthony argued, is a system that discourages real-world use. Simply buying a cup of coffee daily using bitcoin can translate into dozens of pages of filings over time, as each transaction must be tracked and reported individually. He also pointed to the administrative burden involved. Users must report acquisition dates, cost basis, and transaction values for every payment, typically through Form 8949 and related filings.

Beyond complexity, the structure itself incentivizes holding over spending.

Capital gains rules are designed to reward long-term investment behavior, a feature that clashes with bitcoin’s potential role as a medium of exchange, the report stated.

Possible fixes

The think tank outlined several policy options, including eliminating capital gains taxes entirely to carving out exemptions for cryptocurrency payments.

Another idea suggested introducing a de minimis threshold to exempt smaller transactions and reduce the burden.

Anthony highlighted existing proposals, such as the Virtual Currency Tax Fairness Act, which would exempt gains under $200. However, Cato’s researcher opined that the threshold is too low to reflect typical consumer spending.

Tax season

Cato’s research paper is timely, considering U.S. taxpayers are currently navigating another filing season and evolving crypto reporting requirements.

The Internal Revenue Service has expanded disclosure rules in recent years, adding layers of complexity that have already drawn criticism from industry participants.

At the same time, policymakers have explored potential relief. The Trump administration has signaled support for a de minimis tax exemption for crypto transactions and said it will continue to assess legislative options.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
source: https://www.tradingview.com/news/the_block:5a5c38fed094b:0-bitcoin-taxes-make-no-sense-washington-think-tank-argues-us-rules-hinder-everyday-payments/

A heated confrontation is continuing around Bitcoin, specifically Satoshi’s coins and the quantum threat looming over them. A new round of this confrontation unfolded between Charles Hoskinson and Bitcoin ideologues. The trigger was the discussion of BIP-361, a radical new proposal for protecting the network from quantum computers which, according to Hoskinson, turns Bitcoin into “shitcoin land.”

Presented earlier this week by Jameson Lopp and a group of researchers, BIP-361 implies strict timelines for abandoning old types of addresses vulnerable to quantum attacks: in three years, any incoming transactions to old addresses are banned, and five years after the proposal’s adoption, old digital signatures are made invalid.

Why Hoskinson thinks Bitcoin's quantum soft fork is legalized theft

Hoskinson, in his latest public airing on X, predictably lashed out at this decision with criticism. Despite Lopp’s thesis that a recovery mechanism and support for frozen wallets are provided, and the fact that if Satoshi himself does not move his coins, they are already effectively dead, Hoskinson believes that even with these reservations, 1.7 million BTC remain at risk.

He emphasized that forced invalidation of old signatures is a direct violation of the principles on which Bitcoin was built and sarcastically wished "good luck" in stealing Satoshi's coins to BIP-361 supporters.
According to the Cardano founder, Bitcoin maximalists have cornered themselves. The network has two bad paths: either allow quantum hackers to steal the coins, or steal them themselves through a soft fork, making them inaccessible to their owners.

Some may argue that it is unlikely that Google would sell quantum computing for hacking. Hoskinson also considers it unlikely. However, a Chinese quantum computer that North Korea could rent in 2033, he argues, would show different results.
source: https://www.tradingview.com/news/u_today:1180e8f6e094b:0-have-fun-stealing-satoshi-coins-cardano-s-hoskinson-mocks-bitcoin-quantum-soft-fork-warns-about-north-korea-in-2033/