Friday, April 10, 2026

Current Events - The identity of Bitcoin's creator, Satoshi Nakamoto, has been revealed? It turned he might be 55-year-old cryptographer Adam Back

http://www.jlaforums.com/forum_thumbnail2.php?topic_id=674347236

The Daily Market Flux - Your Complete Market Rundown (04/10/2026)

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Here is Your Complete Market Rundown (04/10/2026):

Analyst Ratings

Morgan Stanley (MS)

Morgan Stanley Raises Price Targets Across Healthcare and Hospitality Sectors While Analysts Revise Q1 Earnings Expectations

Morgan Stanley issued a wave of price target adjustments on April 10, with notable increases across pharmaceutical and biotechnology stocks. The firm raised Eli Lilly's target to $1,327, Vertex Pharmaceuticals to $612, and Gilead Sciences to $175, maintaining overweight ratings on all three.

Other healthcare upgrades included Regeneron to $796, Biogen to $200, and Johnson & Johnson to $267, with the firm projecting upside potential ranging from 7% to 41% across its overweight-rated pharmaceutical holdings.

In the hospitality sector, Morgan Stanley upgraded Ryman Hospitality Properties to overweight, citing revenue per available room growth and rising travel demand. The firm raised price targets for major hotel operators including Marriott International to $350, Hilton Worldwide to $318, and Hyatt Hotels to $195, while maintaining overweight ratings.

Conversely, the firm lowered expectations for several vacation ownership companies including Marriott Vacations Worldwide.

The firm adjusted financial services targets downward, cutting Charles Schwab's price target to $135 from $148 and Raymond James to $171 from $187, while lowering Robinhood Markets to $95 from $147. However, Morgan Stanley raised targets for exchange operators CME Group to $362 and IntercontinentalExchange to $187.

Wall Street analysts are revising expectations ahead of Morgan Stanley's Q1 earnings report, with top forecasters adjusting their estimates. The firm's own research indicated that artificial intelligence's impact on labor market disruption remains modest to date.

In cryptocurrency markets, Morgan Stanley's newly launched Bitcoin Trust (MSBT) debuted following strong institutional demand, with BlackRock's Bitcoin ETF recording $269 million in inflows marking a five-week high.

The firm forecasts March CPI inflation at 3.3%, in line with consensus estimates from major banks. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell reportedly summoned Wall Street CEOs including Morgan Stanley's Ted Pick to discuss cybersecurity risks related to Anthropic's new AI model.

UBS Group Ag (UBS)

UBS Wins Dismissal of Credit Suisse Mozambique Case While Downgrading ServiceNow on AI Concerns

UBS secured a significant legal victory as a Swiss court dismissed money-laundering charges inherited from Credit Suisse related to the Mozambique tuna-bond scandal. The case, which UBS acquired through its troubled rival's takeover, was shelved by Swiss authorities.

In equity research activity, UBS made a notable reversal on ServiceNow, downgrading its only Buy-rated application software stock to Neutral and slashing the price target from $170 to $100. The firm cited growing concerns that AI poses a bigger threat than initially believed, with analysts expressing reduced confidence that ServiceNow is adequately positioned for the artificial intelligence era. The downgrade also reflected budget pressures facing the company.

UBS initiated coverage on SiteOne Landscape Supply with a Neutral rating and upgraded WillScot to Hold.

The firm issued multiple price target adjustments across sectors:

Raising Constellation Brands on strong results, Host Hotels to $20 following robust fourth-quarter performance, Diamondback Energy to $245, and Axsome Therapeutics to $259 based on Auvelity outlook.

Price targets were lowered for QuidelOrtho due to a weaker respiratory season, MGM Resorts on softer BetMGM outlook, Simply Good Foods following guidance reduction, and several packaging companies including International Paper, Graphic Packaging, and O-I Glass.

The firm maintained Buy ratings on Dutch Bros, citing sales momentum despite overblown concerns, and reaffirmed its position on PepsiCo ahead of earnings. UBS also published research highlighting European stock leaders across key growth themes.

In personnel moves, UBS hired Singla from Citigroup to head fintech investment banking. The firm joined other major banks in forecasting March CPI inflation at 3.3-3.4 percent.

Company News

Amazon, Inc. (AMZN)

Performance Overview

1D Change: 2.02%

5D Change: 13.66%

News Volume: 297

Unusual Volume Factor: 2x

Treasury and Fed Convene Emergency Bank Meeting Over Anthropic AI Cybersecurity Risks as Amazon Gains on Chip Empire Potential

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell urgently summoned major U.S. bank CEOs this week to discuss cybersecurity threats posed by Anthropic’s new Mythos AI model, according to multiple sources. The unprecedented meeting included executives from Citigroup, Morgan Stanley, Bank of America, Wells Fargo, and Goldman Sachs, with JPMorgan’s Jamie Dimon notably absent.

The Bank of Canada subsequently held similar discussions with Canadian financial institutions, signaling international concern over the AI model’s capabilities. Anthropic, backed by Amazon, announced a multi-year cloud computing deal with CoreWeave to support its Claude AI models, which have reportedly surged past a $30 billion annual run rate. The company is also considering developing its own AI chips amid global semiconductor shortages.

The Mythos model has been described by cybersecurity experts as the “best vulnerability hunter” available, capable of unlocking system capabilities previously undiscovered. The AI security concerns triggered significant market volatility in the software sector. Cybersecurity stocks including Cloudflare, Fastly, and Akamai tumbled sharply after Anthropic launched its Managed Agents product. Palantir shares initially declined on concerns about Anthropic competition, though the stock rebounded following a Trump administration endorsement.

Wedbush Securities dismissed fears that Anthropic was threatening Palantir’s market position. Amazon shares rose over 2 percent, with Citron Research highlighting potential 28 percent upside in what it termed the company’s “hidden trillion-dollar chip empire.” CEO Andy Jassy defended Amazon’s substantial AI infrastructure investments in his shareholder letter, while the company announced plans to scale up drone delivery operations in 2025. Needham expressed caution regarding Amazon’s capital expenditure levels.

The administration’s concern over Mythos follows earlier questioning of tech giants by Vice President Vance and Secretary Bessent about AI security before the model’s release. Wall Street banks have begun internal testing of Mythos to identify vulnerabilities, encouraged by Trump administration officials. The developments underscore growing regulatory attention to AI-driven cybersecurity risks as the technology rapidly advances beyond traditional defensive capabilities.

ServiceNow, Inc. (NOW)

Performance Overview

1D Change: -7.56%

5D Change: -18.59%

ServiceNow Stock Plunges 19% as UBS Downgrade Highlights AI Disruption Threat

ServiceNow suffered the S&P 500’s worst weekly performance, cratering 19% following a significant downgrade from UBS. The investment bank cut its rating from Buy to Neutral and slashed its price target from $170 to $100, citing concerns that AI poses a greater competitive threat than previously anticipated. UBS reversed its earlier confidence that ServiceNow was “better positioned for this artificial intelligence era,” now warning of AI-driven budget pressures impacting the company’s outlook.

The stock has declined 34.5% year-to-date amid broader software sector rotation. While JMP Securities upgraded the stock on AI integration potential, the UBS downgrade dominated trading, with the stock falling an additional 7.6% intraday. Analysts are questioning whether AI disruption fears are overblown, though technical analysts are examining whether the stock has reached a bottom after the sharp selloff.

Palo Alto Networks, Inc. (PANW)

Performance Overview

1D Change: -6.74%

5D Change: -4.58%

Palo Alto Networks Leads Software Selloff Amid Mixed Analyst Views and Institutional Activity

Palo Alto Networks stock led a sharp software sector decline on April 10th, prompting divergent analyst opinions. Some analysts upgraded the stock, arguing the market misjudged the cybersecurity firm and positioning it as a “winner” among struggling software companies.

The selloff coincided with heightened regulatory concerns over AI cyber risks following Anthropic developments, potentially benefiting cybersecurity providers. Meanwhile, institutional investors remained active, with DDD Partners holding $17.18 million in shares and notable insider and options trading activity occurring throughout the session.

Texas Pacific Land Corporation (TPL)

Performance Overview

1D Change: 8.48%

5D Change: -7.71%

Texas Pacific Land Upgraded on AI Power Grid Potential as Stock Shows Strong Trading Activity

Texas Pacific Land received an upgrade based on a $27 billion thesis that the Permian Basin will become an AI power grid hub. The stock outperformed competitors amid strong trading volume, while KeyBanc maintained its rating following a director’s death. Horizon Kinetics purchased shares at $401, and True North Advisors added 6,679 shares to its position.

Macro Events

March CPI Surges to 3.3% Annually, Beating Forecasts on Core Inflation

U.S. consumer prices rose 3.3% year-over-year in March, marking the sharpest increase since May 2024 but slightly below the 3.4% estimate. Monthly headline CPI jumped 0.9%, up from 0.3% in February and matching expectations. Core CPI, which excludes food and energy, increased 2.6% annually and 0.2% monthly, both coming in below forecasts of 2.7% and 0.3% respectively.

US Inflation Jumps to Highest Level Since May 2024 as Gas Prices Surge

US consumer prices rose 0.9% in March, driving annual inflation to 3.3%, the sharpest increase since May 2024. The surge was primarily fueled by record gasoline price increases amid Middle East tensions. While the monthly gain came in slightly below the 1.0% forecast, the acceleration from February's 2.4% annual rate presents a challenge for the Federal Reserve. Meanwhile, April consumer inflation expectations climbed unexpectedly to 4.8%, well above the anticipated 4.2%.

University of Michigan Consumer Sentiment Plunges to Record Low 47.6

The University of Michigan's April consumer sentiment index fell to a record low of 47.6, missing expectations of 51.5 and down from March's 53.3. One-year inflation expectations surged to 4.8% from 3.8%, while five-to-ten-year expectations rose to 3.4%, matching forecasts.

Stock Markets Events

Tech Stocks Tumble to 52-Week Lows Amid Broader Market Pressure

Several major technology and software companies hit 52-week lows, with UiPath falling to $9.46, Autodesk dropping to $214.92, and Guidewire Software touching $120.01. Adobe sank to its lowest level in a year following a Citi downgrade citing AI concerns. FICO and Waystar Holding also reached annual lows at $966.64 and $21.09 respectively, highlighting sector-wide weakness despite broader market gains.

Oil And Gas Events

TotalEnergies Saudi Refinery Damaged in Middle East Incident

TotalEnergies reported damage to its SATORP refinery in Saudi Arabia following an incident amid regional conflict, with operations shut down while the company assesses operational consequences.

Oil Prices Decline as Drilling Activity Stalls Despite Recent Rally

US crude settled down 1.33% at $96.57/barrel while Brent fell 0.75% to $95.20/barrel ahead of Saturday's US-Iran peace talks. Drilling activity remained flat across major basins including Permian and Marcellus, with slight declines in Williston and Eagle Ford, signaling no production surge despite higher prices. Money managers reduced net-long Brent positions by 5,583 contracts as Occidental Petroleum's energy rally cooled.

Geopolitics Events

Trump Readies Military Option as Iran Talks Begin in Islamabad

President Trump announced US military preparations as backup if ongoing negotiations with Iran fail, stating warships are being rearmed with advanced weapons. Vice President JD Vance is leading talks in Islamabad with senior envoys, though the White House expressed optimism about reaching a deal.

Trump Praises Palantir Amid Stock Decline Following Short Seller Criticism

President Trump publicly endorsed Palantir, highlighting its "war fighting capabilities," as the stock fell 14-15% this week during ongoing Iran conflict. The support prompted retail investors to buy shares despite "Big Short" investor Michael Burry maintaining his short position against the company.

Trump Says Iran Has "No Cards" Except Control of International Waterways

President Donald Trump stated that Iran's only leverage is "short term extortion" through control of international waterways. Trump declared that Iran's sole purpose is to negotiate, suggesting the country has no other strategic options. The remarks signal continued tensions between the US and Iran over maritime security and regional influence.

Vance Heads to Pakistan for US-Iran Peace Talks as Hormuz Tensions Mount

Vice President JD Vance departed Friday for Islamabad to lead negotiations aimed at ending the US-Iran conflict, warning Tehran against negotiating in bad faith. Vance said President Trump provided clear guidelines for the talks and expects positive outcomes. Meanwhile, Trump criticized Iran over disruptions in the Strait of Hormuz that have pushed oil prices higher, accusing Tehran of failing to uphold agreements on oil transit and warning against imposing transit fees. The diplomatic push comes as Iran's control of the strategic waterway puts pressure on global markets and the White House.

Technology Events

Anthropic Signs Multi-Year Cloud Deal with CoreWeave for Claude AI Infrastructure

AI startup Anthropic agreed to rent data center capacity from CoreWeave in a multi-year deal to support growing demand for its Claude AI models, sending CoreWeave shares higher in premarket trading.

Bank of Canada and US Officials Hold Emergency Meetings on Anthropic AI Cybersecurity Threats

The Bank of Canada met with major financial institutions Friday to address cybersecurity risks from Anthropic's latest AI model. Separately, US Treasury Secretary Scott Bessent and Fed Chair Jerome Powell convened an urgent meeting with bank CEOs this week on the same threat, according to Reuters sources, signaling coordinated North American regulatory concern over AI-related vulnerabilities in the financial sector.

TSMC Q1 Revenue Surges 35% Year-Over-Year on Strong AI Chip Demand

Taiwan Semiconductor Manufacturing Company reported first-quarter revenue growth of 35% year-over-year, exceeding market forecasts, with March revenue jumping 45% as artificial intelligence applications drive resilient semiconductor demand.

Metals Events

Rio Tinto's California Boron Assets Draw Over a Dozen Bidders

Rio Tinto Group has attracted interest from more than twelve potential bidders for its California boron assets, which supply approximately one third of global refined boron demand. The assets could fetch around two billion dollars, with binding offers expected by June amid increased focus on U.S. critical minerals.

Crypto Events

Hong Kong Grants First Stablecoin Licenses to HSBC and Standard Chartered Group

Hong Kong's monetary authority issued its inaugural stablecoin licenses to HSBC and Anchorpoint Financial, a joint venture between Standard Chartered, Hong Kong Telecom, and Animoca Brands. The licenses authorize both entities to issue stablecoins pegged to the Hong Kong dollar, marking the city's formal entry into regulated cryptocurrency issuance.

Thursday, April 9, 2026

[PIL] #2001 4/9/2026

Purtle's Internet Lineup for April 9th, 2026 5:16PM

Pics or Text:

My Youtube front page has gotten to the point that it's sometimes showing me nothing but Northernlion Cine2Nerdle videos. I swear to you this is an actual, unedited screencap. https://x.com/HakitaDev/status/2041699149578399977
Irasutoya, Japan's popular free clip art library, has released its latest creation in honor of the United States President, Donald Trump. It's a clever play on TACO (Trump Always Chickens Out) and the Japanese word ?? for octopus, which also means "idiot." https://x.com/UnseenJapanSite/status/2041999355490578637
[long detailed] PSA on spotting weird military propaganda (intentional or otherwise!) on your timeline! https://x.com/WhispurrAudio/status/2041962413348811022
An extremely funny thing about retro rereleases that use unlicensed emulators is that you are basically committing the exact same crime (using software outside of the terms of its license) that has you so scared of downloading roms in the first place but now someone has monetized it. https://bsky.app/profile/emotion-engine.bsky.social/post/3miyx3kyfoc2z
It's Monster hunter https://bsky.app/profile/cielxvamp.eurosky.social/post/3mizfoo6x6c2o
I have encountered and engaged with many Trump supporters, hearing them patiently out each time: and every single one of them, whether beneath a veneer of politeness or not, exhibited a fundamental spite and meanness about their fellow human beings that I found horrifying. https://bsky.app/profile/okwonga.bsky.social/post/3mixwpdex722g
Pokemon News:
- A new Mystery Gift has been announced for Pokemon Champions. Get a Machamp with the code CHAMP10N. Runs until August 31st 2026 https://x.com/SerebiiNet/status/2041773219233841447
- [clip] During the event, the field BGM will play a special version just for you. From Pokemon Heroes: The Movie, the track has been rearranged into a gentle, relaxing style https://x.com/PokemonSleep/status/2042290246402904217
- Ready for a Warm-Up Challenge in PokemonChampions? Build and train up a team, then let's have a friendly competition! Plus if you participate, you'll receive a Gardevoir and 100 Quick Coupons to help you meet even MORE Pokemon https://x.com/Pokemon_Champs/status/2041913965689639035
Pokemon Champion Clips/Bugs/Discussion:
- [clip] [gmae bug] How many months did we wait for to get a functionally worse game? https://x.com/CayenneVGC/status/2041773048781480404
- [clip] Someone posted this in a server I'm in. Pokemon Champions is not a real video game https://x.com/FlareGamer64/status/2041911453309960248
- [thread] I streamed Pokemon Champions for 7 hours. Here are my current takes. https://x.com/MoxieBoosted/status/2041812051710869969
- Pokopia vs Champions https://x.com/g_e_b_r_o/status/2041813534963810758
- Champions and Showdown https://x.com/Noxes_the_Chozi/status/2041824493014806745
- Some people are having a bug with Pokemon transferred from HOME to Champions that cause them to become stuck. https://x.com/CentroLeaks/status/2041871696550924528
- [thread] There is a massive bug with transferring pokemon between Pokemon HOME & Champions. 1. Error displays when attempting to send HOME mons to Champs | 2. Those pokemon can no longer be moved to Champs, traded in HOME or moved back to SV. They are basically trapped in limbo https://x.com/AzazeL_the_God/status/2041864540250419406
- Pokemon Champions bug on Switch 2 causes RESOLUTION TO BE HALVED: - If you start the game while the console is docked the resolution is halved - If you undock and dock the console while the game is running the resolution gets fixed https://x.com/CentroLeaks/status/2041967594085748792
- unknowingly wasted 16 hours of pokemon champions footage (left) because ILCA fucked up and force you to undock and dock the Switch to play the game at an acceptable resolution. cool thanks man https://x.com/Lewchube/status/2042012599735243177
- [clip] The Hyper Beam animation in Pokemon Champions is absolutely destructive https://x.com/UniteVids/status/2041832789268435409
- [clip] [giving noguard to OHKO moves] Im crying bro they doin shit in this game you wouldnt believe https://x.com/snacks_fruity2/status/2041880586457845879
- [clip] Step 1. Mega Hawlucha use Entrainment on your partner Pokemon Step 2. Pokemon now has the "No Guard" Ability and can use a move like Horn Drill Step 3. OHKO EVERYTHING https://x.com/freezaiYT/status/2041904990482989100
- [clip] [bug] If you encore a Pokemon into a move after it chooses a different move, it randomly selects the target. Per @NailsOU and @Doc_Dandy, if you encore it into an electric move, that move is NOT redirected by lightningrod if it picks the partner slot. https://x.com/adisubra/status/2041749276678660467
- Guys, remember a game can be fun and still have some massive inherent flaws. Things aren't binary. I'm having fun with Champions. I still think its launch is ridiculously flawed https://x.com/JoeMerrick/status/2041924969127448686

Clips:

[clip] Disgruntled employee starts massive fire at a 1.2 million square foot toilet paper warehouse in Ontario, California. https://old.reddit.com/r/Damnthatsinteresting/comments/1sgabum/disgruntled_employee_starts_massive_fire_at_a_12/
[clip] Oh my God https://x.com/kfile/status/2041881696971219340
[clip] Why did he hit the mario 64 slide https://x.com/MarioHolo1/status/2041928583996719429

Videos:

Your Phone's Nasty Little Secret - Climate Town [32:40] https://www.youtube.com/watch?v=NG-lLt5X3Rs

Articles/News/Other:

Gaming news/discussion:
- Valve admits it's "time to make some bigger improvements" to Steam's mod system, drops massive Steam Workshop update with "completely rewritten" pages https://www.gamesradar.com/games/valve-admits-its-time-to-make-some-bigger-improvements-to-steams-mod-system-drops-massive-steam-workshop-update-with-completely-rewritten-pages/
- [clip] Three classic games are now available to play for NintendoSwitchOnline members! NES: PAC-MAN, Mendel Palace, THE TOWER OF DRUAGA https://bsky.app/profile/nintendousa.bsky.social/post/3mizn2xbruc2w
- twitter post version: https://x.com/NintendoAmerica/status/2042044826904932594
- NES - Nintendo Classics - April 2026 Game Updates [1:27] https://www.youtube.com/watch?v=9VMBJOqyoho
- Did you catch all that? RhythmHeavenGroove comes to NintendoSwitch on July 2! https://x.com/NintendoAmerica/status/2042226248043188427
- Steam files suggest Valve is developing internal 'SteamGPT' AI bot -- aimed at tackling customer support tickets and CS2 anti-cheat - Tomshardware.com https://old.reddit.com/r/gaming/comments/1sgre5i/steam_files_suggest_valve_is_developing_internal/
Russia/Ukraine:
- France slams Hungarian 'betrayal' over alleged information sharing with Russia - Lemonde.fr https://old.reddit.com/r/worldnews/comments/1sglls0/france_slams_hungarian_betrayal_over_alleged/
- Russian Sources: Ukraine is Fielding New AI-Capable Drones That Can't Be Detected or Jammed - Kyivpost.com https://old.reddit.com/r/worldnews/comments/1sgyabo/russian_sources_ukraine_is_fielding_new_aicapable/
- US ignoring evidence Russia is helping Iran because it trusts Putin, says Zelenskyy - Theguardian.com https://old.reddit.com/r/worldnews/comments/1sg8rla/us_ignoring_evidence_russia_is_helping_iran/
- UK Defense Secretary reveals attacks submarines were sent by Putin towards UK in Russian 'spy op' over undersea cables - Standard.co.uk https://old.reddit.com/r/worldnews/comments/1sgoiw2/uk_defense_secretary_reveals_attacks_submarines/
- Japan is sending engineers to Ukraine's frontline -- and they're coming back with $2,500 weapon - Euromaidanpress.com https://old.reddit.com/r/worldnews/comments/1sgbzft/japan_is_sending_engineers_to_ukraines_frontline/
Economy:
- [clip] Oh my God https://x.com/kfile/status/2041881696971219340
- US housing prices are moving higher again: The median sale price rose +2.1% YoY in the 4 weeks ending March 29th, to $391,475, the largest increase in a year. San Francisco led with the biggest price gains at +12.6%, followed by Detroit at +10.1%, Cincinnati at +8.7%, Milwaukee at +8.7%, and Baltimore at +6.9%. Since February, median sale prices have surged +$15,000, or +4.0%, the biggest increase for this period of the year since 2023. Furthermore, the median asking price rose +2.5% YoY to $424,975, near the highest on record. Meanwhile, the median monthly mortgage payment rose +0.3% YoY to $2,742/mo at a 6.38% mortgage rate, the first increase since October 2025. https://x.com/kobeissiletter/status/2042035010442817812
- Gap between high-income households' wage growth and everyone else is at its widest since 2015 - Finance.yahoo.com https://old.reddit.com/r/Economics/comments/1sgxnkd/gap_between_highincome_households_wage_growth_and/
- Americans quit subscription streaming services in droves as cost of living continues to climb, report finds - Independent.co.uk https://old.reddit.com/r/Economics/comments/1sglhy3/americans_quit_subscription_streaming_services_in/
- US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate - Apnews.com https://old.reddit.com/r/Economics/comments/1sgqslb/us_economy_grew_a_sluggish_05_in_fourth_quarter/
- Core inflation was 3% in February, as expected, key Fed gauge shows - Cnbc.com https://old.reddit.com/r/Economics/comments/1sgolj8/core_inflation_was_3_in_february_as_expected_key/
- Tariff refund delays could cost US $700 million a month in interest - Msn.com https://old.reddit.com/r/Economics/comments/1sgmnmi/tariff_refund_delays_could_cost_us_700_million_a/
- U.S. Government is Spending $88 Billion a Month in Interest on National Debt, Equal to its Spending on Both Defense and Education Combined - Fortune.com https://old.reddit.com/r/Economics/comments/1sgyefw/us_government_is_spending_88_billion_a_month_in/
- How Trump's tax law boosts the wealthy and leaves behind some workers he promised to help - Nbcnews.com https://old.reddit.com/r/Economics/comments/1sgnvqc/how_trumps_tax_law_boosts_the_wealthy_and_leaves/
- Trump's Billion-Dollar Bitcoin Blowout Exposed - Finance.yahoo.com https://old.reddit.com/r/Economics/comments/1sg63lo/trumps_billiondollar_bitcoin_blowout_exposed/
- JPMorgan CEO Dimon: Iran war could reignite inflation and keep Fed rates higher for longer - Apnews.com https://old.reddit.com/r/Economics/comments/1sgmg6l/jpmorgan_ceo_dimon_iran_war_could_reignite/
- Head of IMF says Iran war will permanently scar global economy even if peace is reached - Theguardian.com https://old.reddit.com/r/Economics/comments/1sgsbnd/head_of_imf_says_iran_war_will_permanently_scar/
- Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump's announcement - Apnews.com https://old.reddit.com/r/Economics/comments/1sg9oxw/newly_created_polymarket_accounts_bet_big_on/
- Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump's announcement - Apnews.com https://old.reddit.com/r/news/comments/1sg9oln/newly_created_polymarket_accounts_bet_big_on/
- Oil prices rise as concerns grow over 'fragile' US-Iran ceasefire - Bbc.com https://old.reddit.com/r/news/comments/1sgldry/oil_prices_rise_as_concerns_grow_over_fragile/
- Disney to Lay Off Up to 1,000 Employees in First Cuts Under New CEO Josh D'Amaro - Deadline.com https://old.reddit.com/r/technology/comments/1sgbe6g/disney_to_lay_off_up_to_1000_employees_in_first/
- US economy grew a sluggish 0.5% in fourth quarter, government says, downgrading previous estimate - Apnews.com https://old.reddit.com/r/news/comments/1sgqngw/us_economy_grew_a_sluggish_05_in_fourth_quarter/
- USPS suspends contributions to employee pensions after warning of "cash crisis" - Cbsnews.com https://old.reddit.com/r/law/comments/1sgudir/usps_suspends_contributions_to_employee_pensions/
AI:
- White-collar workers are quietly rebelling against AI as 80% outright refuse adoption mandates - Fortune.com https://old.reddit.com/r/technology/comments/1sgln0z/whitecollar_workers_are_quietly_rebelling_against/
- Microsoft begins removing Copilot from Windows 11, starting with Notepad, Snipping Tool - Windowslatest.com https://old.reddit.com/r/technology/comments/1sgrwnz/microsoft_begins_removing_copilot_from_windows_11/
- Sam Altman's Coworkers Say He Can Barely Code and Misunderstands Basic Machine Learning Concepts - Sg.news.yahoo.com https://old.reddit.com/r/technology/comments/1sgrp42/sam_altmans_coworkers_say_he_can_barely_code_and/
- The AI industry knows it has a massive image problem - Finance.yahoo.com https://old.reddit.com/r/technology/comments/1sgo1zi/the_ai_industry_knows_it_has_a_massive_image/
- Family of man killed in shooting at Florida State University to sue ChatGPT and OpenAI - Lawyers for Robert Morales's family said chatbot 'may have advised the shooter' on how to carry out shooting - Theguardian.com https://old.reddit.com/r/technology/comments/1sgyqgf/family_of_man_killed_in_shooting_at_florida_state/
- Maine set to become first state with data center ban - Cnbc.com https://old.reddit.com/r/news/comments/1sgygbm/maine_set_to_become_first_state_with_data_center/
- Berklee College of Music embraced AI songwriting. Some students are pushing back. - Bostonglobe.com https://old.reddit.com/r/boston/comments/1sgskqo/berklee_college_of_music_embraced_ai_songwriting/
Ice/deportation/DHS related:
- Indiana Sheriff Sues Over Law Requiring Immigrant Detention - News.bloomberglaw.com https://old.reddit.com/r/law/comments/1sgptgq/indiana_sheriff_sues_over_law_requiring_immigrant/
- A security guard breaks down while witnessing a family separation. https://old.reddit.com/r/pics/comments/1sguhcj/a_security_guard_breaks_down_while_witnessing_a/
Epstein:
- [clip] First lady Melania Trump denies any ties to Jeffrey Epstein and calls for survivors' testimony https://old.reddit.com/r/law/comments/1sgzlqg/first_lady_melania_trump_denies_any_ties_to/
Iran:
- Iran has told mediators it will be limiting the number of ships crossing the Strait of Hormuz to around 12 per day and impose tolls under the ceasefire, per WSJ. This is a sharp reversal from last night's statements from President Trump claiming a "complete opening" of the Strait of Hormuz. Today, just 4 ships have passed through the Strait of Hormuz, the fewest of any day in April so far. The US is still pushing publicly for a free and open strait, but Iran is "not showing a willingness to loosen its grip." Oil prices are back above $95/barrel. https://x.com/kobeissiletter/status/2041953724399284283
- Sanchez to Trump: Spain won't 'applaud those who set the world on fire just because they then show up with a bucket' - Cnbc.com https://old.reddit.com/r/Economics/comments/1sg7j8t/s%C3%A1nchez_to_trump_spain_wont_applaud_those_who_set/
- Pentagon investigators blocked from using 'War Department' in official documents. "Secondary title" is fine for letterhead, but not for court filings, inspector general warns in April 1 memo. - Defenseone.com https://old.reddit.com/r/law/comments/1sgbu9t/pentagon_investigators_blocked_from_using_war/
- Halt to Iran attacks means Netanyahu's corruption trial will resume on Sunday - Reuters.com https://old.reddit.com/r/worldnews/comments/1sgwrxy/halt_to_iran_attacks_means_netanyahus_corruption/
- Iran's president says Israeli strikes on Lebanon render negotiations meaningless - Reuters.com https://old.reddit.com/r/worldnews/comments/1sgno2m/irans_president_says_israeli_strikes_on_lebanon/
- 'Mental breakdown': oil tanker workers stuck in Gulf for six weeks are reaching their limit - Theguardian.com https://old.reddit.com/r/worldnews/comments/1sgxk4s/mental_breakdown_oil_tanker_workers_stuck_in_gulf/
- [ Removed by moderator ] - Indiatoday.in https://old.reddit.com/r/worldnews/comments/1sgz6j6/irans_new_supreme_leader_says_will_take/
- France rejects transit fee for passing through strait - Bernama.com https://old.reddit.com/r/worldnews/comments/1sgo1e8/france_rejects_transit_fee_for_passing_through/
- Trump says U.S. ready for 'next conquest,' warns military to remain near Iran until 'real agreement' is honored - Cnbc.com https://old.reddit.com/r/worldnews/comments/1sggs0u/trump_says_us_ready_for_next_conquest_warns/
- [ Removed by moderator ] - Cbsnews.com https://old.reddit.com/r/worldnews/comments/1sgzm8x/army_survivors_of_deadly_attack_in_kuwait_dispute/
- France rules out immediate deployment of frigates to Strait of Hormuz - Caliber.az https://old.reddit.com/r/worldnews/comments/1sgu08f/france_rules_out_immediate_deployment_of_frigates/
- Spain to reopen embassy in Tehran - News.az https://old.reddit.com/r/worldnews/comments/1sgjzf8/spain_to_reopen_embassy_in_tehran/
- UN official warns millions could face hunger due to Middle East crisis | NHK WORLD-JAPAN News - Www3.nhk.or.jp https://old.reddit.com/r/news/comments/1sggrgj/un_official_warns_millions_could_face_hunger_due/
Israel:
- [clip] BREAKING : Australian PM Anthony He said : "ENOUGH OF WAR. We believe that ceasefire must be extended to Lebanon. I don't want Israel to set the world on fire while we watch as helpless spectators. The world needs peace now". https://old.reddit.com/r/TimesNow/comments/1sgllih/breaking_australian_pm_anthony_he_said_enough_of/
- Netanyahu: Israel wants to start peace talks with Lebanon 'as soon as possible' - Reuters.com https://old.reddit.com/r/worldnews/comments/1sgtizd/netanyahu_israel_wants_to_start_peace_talks_with/
- Orban's Spying Kit Revealed: Israeli Surveillance Tool Combined with Hungarian Technology - Vsquare.org https://old.reddit.com/r/worldnews/comments/1sgr0yw/orb%C3%A1ns_spying_kit_revealed_israeli_surveillance/
- Israeli government secretly approves over 30 new settler outposts - Cnn.com https://old.reddit.com/r/worldnews/comments/1sgt1xq/israeli_government_secretly_approves_over_30_new/
- Britain condemns Israeli strikes on Lebanon in split from Trump - Telegraph.co.uk https://old.reddit.com/r/worldnews/comments/1sgn9up/britain_condemns_israeli_strikes_on_lebanon_in/

Uncategorized News:

Trump Administration Orders Dismantling of the US Forest Service - Whowhatwhy.org https://www.reddit.com/r/law/comments/1sgugw1/trump_administration_orders_dismantling_of_the_us/
- Trump Administration Shuts Public Out of National Forest Projects, Wildlife Killings https://www.sierraclub.org/press-releases/2026/04/trump-administration-shuts-public-out-national-forest-projects-wildlife
- The earth's resources are also being plundered because of short-sighted approaches to the economy, commerce and production. The loss of forests and woodlands entails the loss of species which may constitute extremely important resources in the future, not only for food but also for curing disease and other uses. Pope Francis, "Laudato Si." "Trump administration orders dismantling of the U.S. Forest Service: https://x.com/JamesMartinSJ/status/2042239367230509249
- to have National Forest conservation https://old.reddit.com/r/therewasanattempt/comments/1sgu278/to_have_national_forest_conservation/
Automatic registration for military draft to be implemented by December - Stripes.com https://old.reddit.com/r/news/comments/1sge2xs/automatic_registration_for_military_draft_to_be/
Social media ban for kids under 14 passes MA House - Nbcboston.com https://old.reddit.com/r/massachusetts/comments/1sgbi3t/social_media_ban_for_kids_under_14_passes_ma_house/
- The new social media ban in Massachusetts is so sweeping in its definition of "social media" that it would require age-verification for Wikipedia. You don't protect kids by cutting off resources. https://bsky.app/profile/mikestabile.bsky.social/post/3mizglryefk2p
- Social media ban for kids under 14 passes MA House - Nbcboston.com https://old.reddit.com/r/boston/comments/1sgbjfb/social_media_ban_for_kids_under_14_passes_ma_house/
Greece announces social media ban for under-15s, citing anxiety and sleep problems - Theguardian.com https://old.reddit.com/r/technology/comments/1sghhdl/greece_announces_social_media_ban_for_under15s/
'Poorly run, piece of ice': Trump targets Greenland again as Iran war deepens NATO rift - Cnbc.com https://old.reddit.com/r/worldnews/comments/1sgcub9/poorly_run_piece_of_ice_trump_targets_greenland/
- 'We are not some piece of ice': Greenland hits back at Trump's Articles insult - Reuters.com https://old.reddit.com/r/worldnews/comments/1sgwml4/we_are_not_some_piece_of_ice_greenland_hits_back/
John Deere to Pay $99 Million in Monumental Right-to-Repair Settlement - Thedrive.com https://old.reddit.com/r/technology/comments/1sg1ic0/john_deere_to_pay_99_million_in_monumental/
H.Res.1155 - Impeaching Donald J. Trump, President of the United States, for high crimes and misdemeanors. https://www.congress.gov/bill/119th-congress/house-resolution/1155/text
- House Democratic leadership signals sudden openness to 25th Amendment push - Axios.com https://old.reddit.com/r/law/comments/1sgwsde/house_democratic_leadership_signals_sudden/
- The 25th Amendment chatter is pointless -- but it shouldn't be. - Vox.com https://old.reddit.com/r/law/comments/1sgsr0t/the_25th_amendment_chatter_is_pointless_but_it/
Pentagon Threatened the Pope After He Criticized Trump - It was so bad that Pope Leo changed his plans to travel to the U.S. - Newrepublic.com https://old.reddit.com/r/europe/comments/1sgkwtv/pentagon_threatened_the_pope_after_he_criticized/
- Pentagon told Pope's top diplomat to 'take its side' on US military ambitions: report - 9news.com.au https://old.reddit.com/r/worldnews/comments/1sgk9c5/pentagon_told_popes_top_diplomat_to_take_its_side/
BEN SHAPIRO: "If you're a young American who can't afford to live here, then maybe you shouldn't live here." https://x.com/Coinvo/status/2041161504154595750
- Is he suggesting we... Immigrate to a different country in search for a better life????? https://x.com/emma_____weaver/status/2041700020093907218
FBI Extracts Suspect's Deleted Signal Messages Saved in iPhone Notification Database | The case was the first time authorities charged people for alleged "Antifa" activities after U.S President designated the umbrella term a terrorist organization. - 404media.co https://old.reddit.com/r/technology/comments/1sgrmka/fbi_extracts_suspects_deleted_signal_messages/
EFF is Leaving X - Eff.org https://old.reddit.com/r/technology/comments/1sguwdw/eff_is_leaving_x/
Meta is Pulling Down Ads That Seek to Recruit Clients for Social Media Addiction Litigation - Gizmodo.com https://old.reddit.com/r/technology/comments/1sgx7vr/meta_is_pulling_down_ads_that_seek_to_recruit/
'Snoopy', 'Adolf' and 'Password': The Hungarian Government Passwords Exposed Online - Bellingcat.com https://old.reddit.com/r/technology/comments/1sgq6vg/snoopy_adolf_and_password_the_hungarian/
'Accountability has arrived': dual US court losses show shifting tide against Meta and co - Theguardian.com https://old.reddit.com/r/technology/comments/1sgeh02/accountability_has_arrived_dual_us_court_losses/
Excel incorrectly assumes that the year 1900 is a leap year | "Although it is technically possible to correct this behavior, the disadvantages of doing so outweigh the advantages." - Learn.microsoft.com https://old.reddit.com/r/technology/comments/1sgy8hv/excel_incorrectly_assumes_that_the_year_1900_is_a/
Woman With 3 Autoimmune Diseases Enters Remission After Immune 'Reset' - Sciencealert.com https://old.reddit.com/r/technology/comments/1sgw7iy/woman_with_3_autoimmune_diseases_enters_remission/
China's supercomputers lost 10 petabytes in a data heist - Rollingout.com https://old.reddit.com/r/technology/comments/1sgevxo/chinas_supercomputers_lost_10_petabytes_in_a_data/
DOJ Says Laws Congress Passed to Prevent Another Nixon Don't Apply to Trump - Slate.com https://old.reddit.com/r/law/comments/1sgvt3i/doj_says_laws_congress_passed_to_prevent_another/
- DOJ Wants to Scrap Watergate-Era Rule That Makes Presidential Records Public - Theintercept.com https://old.reddit.com/r/law/comments/1sgsmht/doj_wants_to_scrap_watergateera_rule_that_makes/
- DOJ Wants to Scrap Watergate-Era Rule That Makes Presidential Records Public - Theintercept.com https://old.reddit.com/r/law/comments/1sgu597/doj_wants_to_scrap_watergateera_rule_that_makes/
USPS suspends contributions to employee pensions after warning of "cash crisis" - Cbsnews.com https://old.reddit.com/r/law/comments/1sgudir/usps_suspends_contributions_to_employee_pensions/
- Cash-strapped US Postal Service suspends contributions to pension plan - Reuters.com https://old.reddit.com/r/news/comments/1sguid0/cashstrapped_us_postal_service_suspends/
Cops Arrested a Black Pastor Watering His Neighbor's Flowers. The Alabama Supreme Court Is Fine With That - Ballsandstrikes.org https://old.reddit.com/r/law/comments/1sgxwzx/cops_arrested_a_black_pastor_watering_his/
Supreme Court remade by Trump ushers in historic defeats for civil rights - Washingtonpost.com https://old.reddit.com/r/law/comments/1sgu2jx/supreme_court_remade_by_trump_ushers_in_historic/
Fired judges say Trump team purged courts and threatened disciplinary action if they didn't deport fast enough - Independent.co.uk https://old.reddit.com/r/law/comments/1sgu4qe/fired_judges_say_trump_team_purged_courts_and/
Hooray for Brown Jackson's Brave Dissent in the Colorado Trans Case | The associate justice was alone in seeing that the case was about regulation of medical practice not free speech. - Newrepublic.com https://old.reddit.com/r/law/comments/1sgrhm4/hooray_for_brown_jacksons_brave_dissent_in_the/
Judges Smack Down Trump Attack Dog's 'Garbage' Cases - Thedailybeast.com https://old.reddit.com/r/law/comments/1sgul9g/judges_smack_down_trump_attack_dogs_garbage_cases/
Mass drowning of chicks puts Emperor Penguins at risk of extinction - Theguardian.com https://old.reddit.com/r/worldnews/comments/1sgryka/mass_drowning_of_chicks_puts_emperor_penguins_at/
More Europeans see US as threat than China - Politico.eu https://old.reddit.com/r/worldnews/comments/1sgfh1l/more_europeans_see_us_as_threat_than_china/
US Army veteran charged with leaking classified information to journalist - Reuters.com https://old.reddit.com/r/news/comments/1sgcuuv/us_army_veteran_charged_with_leaking_classified/
YouTube rolls out unskippable long ads to TV users and they're furious - Dexerto.com https://old.reddit.com/r/technology/comments/1sgpixi/youtube_rolls_out_unskippable_long_ads_to_tv/

Geopolitics Meets Bitcoin at the Strait of Hormuz

https://i.redd.it/mqnorq4x88ug1.jpeg

Ripple Emeritus CTO Breaks Silence on Bitcoin Creator

SUMMARY

A New York Times investigation says Adam Back is the most likely Satoshi Nakamoto.
David Schwartz responded with sarcasm, not a clear endorsement.
The crypto community is still split and largely unconvinced.
Adam Back has denied being Satoshi.

FULL CONTEXT
The big reaction came from Ripple’s David Schwartz, whose comment read more like a joke than a serious confirmation. That helped fuel the debate instead of settling it.

The report leans on writing-style and historical analysis from early cypherpunk communications. But the lack of proof means the mystery remains open.

WHY IT MATTERS
This matters more as a crypto culture moment than a market event. Every new “Satoshi reveal” claim tends to revive the same debate but rarely changes anything concrete.

DISCUSSION HOOK
Do you think the Satoshi mystery will ever be solved, or is it permanently part of Bitcoin’s identity?

April 8th Newsletter: Minerva Research

Bitcoin Breaks $72K as Institutional Wave Grows — Wall Street ETFs and Global Tailwinds Fuel Rally

Crypto markets surged on April 8 as Bitcoin broke above $72,000, driven by a powerful mix of institutional product launches and improving geopolitical sentiment.

The biggest shift right now: Wall Street is leaning in harder than ever, and markets are responding fast.

From ETF competition to retail engagement, everything is pointing toward a high-conviction bullish environment—with only minor risks showing beneath the surface.

⸻

Quick signals from today’s crypto market intelligence

• Bitcoin broke ~$72K (settled near ~$71.9K)

• Morgan Stanley launched a spot Bitcoin ETF (0.14% fee)

• $125K BTC price targets gaining traction

• $780K+ raised in AlphaPepe presale

• 119 news articles analyzed — overwhelmingly very bullish

Sentiment across institutions, creators, and retail remained strongly aligned to the upside.

⸻

Wall Street competition heats up

The headline event today was a major institutional milestone.

Morgan Stanley officially launched its spot Bitcoin ETF — the Morgan Stanley Bitcoin Trust — with a 0.14% management fee, now the lowest in the market.

That’s a big deal.

Lower fees = stronger competition = more capital inflows.

This move signals that traditional finance is no longer experimenting with crypto—it’s actively competing for dominance.

⸻

Bitcoin surge fueled by macro tailwinds

Bitcoin’s move above $72K didn’t happen in isolation.

A key catalyst was a two-week ceasefire between the U.S. and Iran, which reduced geopolitical uncertainty and boosted risk-on sentiment.

Combined with ETF momentum, analysts are now increasingly pointing to $125,000 price targets as realistic in this cycle.

This reinforces the idea that macro + institutional demand are now working together, not against each other.

⸻

Mining efficiency and fundamentals improving

On the supply side, mining economics are also strengthening.

Cango reduced Bitcoin production costs significantly (from ~$84.5K to ~$68.2K per BTC), while selling 2,000 BTC to reduce debt.

That’s important because:

• more efficient miners = less forced selling

• stronger balance sheets = less downside pressure

This adds another layer of structural support to the market.

⸻

Speculation and presales heating up again

Risk appetite is clearly rising.

Projects like AlphaPepe continue gaining traction, raising over $780K in presale demand.

This suggests capital is:

• rotating back into higher-risk plays

• chasing early-stage opportunities

• re-engaging with altcoin narratives

Historically, this kind of behavior shows up mid-to-late cycle, not at the beginning.

⸻

Social and creator sentiment going full bullish

Sentiment across platforms remained extremely positive.

YouTube

• 40 videos

• 246K+ views

• overwhelming majority very bullish

• 39 discussions

• 1,471 upvotes

• 459 comments

• low controversy, high agreement

Twitter (X)

• 59M+ views across just 5 posts

• 552K+ engagements

• dominated by Elon Musk narratives

Musk’s posts around space exploration and AI once again acted as a sentiment amplifier, pushing engagement to viral levels.

⸻

Risks: security and long-term tech threats

While sentiment is overwhelmingly bullish, a few risks surfaced:

• A hack at Bitcoin Depot exposed 50.9 BTC ($3.6M)

• Ongoing concerns around quantum computing risks (3–5 year horizon)

These aren’t immediate threats to price action—but they highlight:

infrastructure risk still exists, even in a maturing market

⸻

The bigger picture

What stands out most right now is alignment.

• institutions launching competitive products

• macro conditions supporting risk assets

• creators amplifying bullish narratives

• retail actively engaging (not hesitating)

This kind of multi-layer confirmation is rare—and typically precedes strong continuation moves.

The only real question is how long this momentum can sustain before overheating.

⸻

Key takeaways

• Morgan Stanley’s ETF launch marks a new phase of institutional competition

• Bitcoin breaking $72K confirms strong demand + macro support

• $125K targets are gaining legitimacy across analysts

• Retail + creator sentiment shows high conviction, not skepticism

• Security risks remain—but are not slowing momentum

⸻

Question for the community

Do you think this cycle is being driven more by institutional capital or macro/geopolitical shifts?

And do ETF fee wars (like Morgan Stanley’s 0.14%) become the next major catalyst for inflows?

⸻

We broke down the full institutional flows, sentiment data, and market signals in today’s report for anyone who wants the deeper dive:

👉 minervaark.com

⸻

Disclaimer: This post is for informational and educational purposes only and should not be considered financial advice. Always do your own research before making investment decisions.

$BCBC Bitcoin Bancorp Launches California Deployment of Licensed Bitcoin ATM Network With First Installations Initial Southern California deployment marks next phase of national retail expansion

LAS VEGAS, April 09, 2026 (GLOBE NEWSWIRE) -- Bitcoin Bancorp, Inc. (OTC: BCBC) (“Bitcoin Bancorp” or the “Company”), the holder of foundational patents for Bitcoin ATMs, and one of only three publicly traded Bitcoin ATM network owner/operators, today announced the initial deployment of licensed Bitcoin ATMs in Southern California.

The Company has completed its first installations in the greater Los Angeles area, marking the next phase of its national expansion strategy. This move follows its previously announced rollout in Texas and represents continued execution of a broader plan to scale its Bitcoin ATM network across key U.S. retail markets.

The Bitcoin ATM industry continues its rapid expansion, with the U.S. crypto ATM market valued at approximately USD 267.4 million in 2025 and projected to reach USD 7,679.6 million by 2034. Nationwide, the U.S. maintains over 35,000 Bitcoin ATMs (approximately 30,229 as of April 1, 2026).

California represents one of the most attractive markets for Bitcoin ATM expansion due to its large population, strong technology ecosystem, and high levels of cryptocurrency adoption. With more than 39 million residents, the state ranks among the top in total Bitcoin ATM installations nationwide. In comparison:

Texas leads with the highest number of Bitcoin ATMs among U.S. states (reportedly exceeding 4,000 in late 2025), benefiting from its crypto-friendly regulations and large retail footprint.
California ranks among the top states in total installations, often second or in close contention with major markets like Florida and New York, though it trails Texas in raw count.
Other leading states, such as Florida, also show strong numbers, supported by high tourist traffic and crypto adoption in cities like Miami.

This positions California as a high-potential market where additional licensed, patented machines can capture significant untapped transaction volume in a densely populated, economically powerful state.

This strategic expansion into California delivers significant benefits for Bitcoin Bancorp and its shareholders. It provides immediate access to one of the largest state economies in the nation, where high retail foot traffic, strong crypto enthusiasm, and a massive population are expected to drive elevated transaction volumes and recurring fee-based revenue. The deployment leverages the Company’s patented technology for enhanced fraud prevention and regulatory compliance, positioning Bitcoin Bancorp as a trusted, licensed operator in a jurisdiction with rigorous oversight. By entering California, Bitcoin Bancorp diversifies its geographic footprint beyond its initial Texas deployment, accelerates national scaling, strengthens its market leadership among patent-holding public operators, and creates long-term value through increased operational scale and brand visibility in a premier innovation hub.

"California has continuously led digital-asset innovation, supported by its world-class technology leadership, expansive retail networks, and growing consumer demand for accessible cryptocurrency services," said Eric Noveshen, director of Bitcoin Bancorp. "The opportunity arose to strategically add new markets following our Texas deployment. California represents a natural next step for our licensed Bitcoin ATMs—delivering secure, compliant on-ramps to Bitcoin while capitalizing on one of the largest economic markets in the United States."

About Bitcoin Bancorp, Inc.

Headquartered in Las Vegas, Nevada, Bitcoin Bancorp, Inc. (OTC: BCBC) is a diversified digital asset infrastructure and Banking-as-a-Service (BaaS) company focused on expanding secure retail access to cryptocurrency and next-generation financial services through licensed Bitcoin ATM networks, blockchain technologies, and Web 3.0–enabled platforms. As previously announced, Bitcoin Bancorp, through its wholly owned subsidiary First Bitcoin Capital LLC, owns and exclusively licenses foundational intellectual property related to Bitcoin ATMs, including U.S. Patent Nos. US9135787B1 and US10332205B1. Bitcoin Bancorp owns Bitcoin ATMs that are operated by licensed third-party operators within the jurisdictions in which they reside, forming a growing network of compliant retail access points for digital assets across convenience-store and retail environments. Bitcoin Bancorp is committed to advancing blockchain-enabled financial infrastructure through secure technology platforms, strategic retail partnerships, and responsible operating standards. Bitcoin Bancorp is not licensed as a bank in the United States and does not provide custody or banking services.

Shareholders, potential investors, and others should note that we announce material events and material financial information to our shareholders and the public using our website and the social media addresses listed below, as well as in our OTC Markets’ disclosures, press releases, public conference calls, and webcasts. We also use social media to communicate with our email subscribers and the public about Bitcoin Bancorp, services, and other related information. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage shareholders, the media, and others interested in Bitcoin Bancorp to review the information we post on Bitcoin Bancorp’s social media channels listed below. This list may be updated from time to time.

For investor and general information, please email contact@BitcoinBancorp.com

https://www.globenewswire.com/news-release/2026/04/09/3270831/0/en/Bitcoin-Bancorp-Launches-California-Deployment-of-Licensed-Bitcoin-ATM-Network-With-First-Installations.html