President Trump told Congress in a letter Friday that hostilities between the US and Iran have "terminated." "There has been no exchange of fire between United States Forces and Iran since April 7, 2026," Trump wrote in the document that was seen by The Washington Post. "The hostilities that began on February 28, 2026, have terminated." "Despite the success of United States operations against the Iranian regime and continued efforts to secure a lasting peace, the threat posed by Iran to the United States and our Armed Forces remains significant," the president said, adding he negotiated a two-week ceasefire on April 7 that was extended. In an X post, Senate Minority Leader Chuck Schumer (D-N.Y.) called the president's claim "bullshit," adding, "This is an illegal war, and every day Republicans remain complicit and allow it to continue is another day lives are endangered, chaos erupts, and prices increase, all while Americans foot the bill." In her statement, the Post reported Sen. Jeanne Shaheen (N.H.), the top-ranking Democrat on the Senate Armed Services Committee, as saying, "President Trump entered this war without a strategy and without legal authorization and today’s announcement doesn’t change either fact." The war with Iran began on Feb. 28, though the president didn't notify Congress until March 2. Trump was facing a 60-day deadline to request authorization to continue the war due to the 1973 War Power Resolution. However, the president in the letter appeared ready to take military action again if necessary. "I have and will continue to direct United States Armed Forces consistent with my responsibilities and pursuant to my constitutional authority to conduct United States foreign relations and as Commander in Chief and Chief Executive." #TrumpSaysIranConflictHasEnded #U.S.SenatorsBarredfromTradingonPredictionMarkets #AftermathFinanceBreach $LAB $ON $CHIP
🚨 SMART MONEY IS ALREADY REACTING — ARE YOU LATE AGAIN? 🚨
Wall Street just opened GREEN… but the real story isn’t what you see 👇
📈 S&P 500 +0.8% 📈 Nasdaq +1.2% 📈 Dow +0.6%
Looks bullish, right? That’s exactly what traps retail.
💣 Meanwhile behind the scenes: • Oil just dropped HARD (−5%) • Middle East tensions cooling → liquidity shift • Big tech (Apple +5.5%) pulling markets up • Manufacturing data = mixed signals
This is not a clean trend. This is a setup.
🧠 What smart money is doing: They’re not chasing this pump. They’re watching liquidity build… and waiting.
⚠️ When oil drops + stocks pump = rotation phase ⚠️ When retail gets confident = distribution begins
While everyone is chasing green candles… smart money is already positioning.
Market right now is showing a classic trap: • Retail = FOMO longs • Smart money = distributing silently • Liquidity = sitting below, waiting to be taken
This is where most people lose.
The game is simple (but not easy): 👉 Don’t chase pumps 👉 Wait for liquidity grabs 👉 Enter where others panic
Right now, we are at a decision zone: If price sweeps highs → expect sharp reversal If price drops → acceleration will be fast
⚠️ This is not the time to gamble. This is the time to execute with precision.
💡 Real traders don’t trade emotions — they trade levels, liquidity, and confirmation.
Comment “SNIPER” if you want high-probability setups like this. Follow for real market insights — no hype, just strategy. $B $UB $NFP
FOMC fear or FOMO? BlackRock BTC ETF leads $1.2B inflow surge.
Cryptocurrency market weekly ETFs chart extended their winning streak, pulling in $1.2B in inflows for the 4th straight week. Total AuM climbed to $155B, the highest since Feb. 1, but still far below the $263B peak seen in October 2025.
Reportedly, Bitcoin (BTC-USD) remained the leader, attracting $933M in inflows as the price reached ~$79K levels, taking its YTD total to $4.0B. Interestingly, short Bitcoin products still saw $16.5M in inflows.
Among ETFs, BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the pack with a massive $732.6M inflow, followed by ARK Invest & 21Shares (ARKB) with $59.6M and Morgan Stanley Bitcoin Trust (MSBT) with $50.7M inflows, reported SoSovalue.
On the other hand, Grayscale’s (GBTC) saw $59M in outflows, with Bitwise Bitcoin ETF (BITB) and VanEck Bitcoin Trust (HODL) recording $13.8M and $5.9M in outflows, respectively. This structure is reflecting mixed investor activity during the past week.
On the altcoin side, Ethereum (ETH-USD) stayed strong with $192M inflows for the third straight week above $190M. At the same time, blockchain equity ETFs saw $617M in inflows over the past 3 weeks, showing rising investor interest beyond just crypto tokens.
The U.S. led with $1.1B in inflows, while Germany ($61.7M) and Switzerland ($35.2M) also saw strong buying—showing demand is now spreading globally, not just limited to the U.S.
Looking ahead, the next move isn’t guaranteed. As noted by CoinShares Head of Research James Butterfill, markets are cautious ahead of the FOMC meeting in April 2026 (Apr 28–29). #FOMC #FOMO #bitcoin #BTC #ETFvsBTC $SOON $CHIP $BR
Iran responds to U.S. proposals via Pakistani intermediaries - report: Iran has responded to the U.S. amendments to the draft deal to end the war with the U.S. through Pakistani intermediaries, an Axios reporter wrote on X Friday, citing a regional source.
Details of the proposal were not disclosed.
Oil (USO) (BNO) prices retreated after the news and pared their weekly rise, with U.S. crude oil futures (CL1:COM) sliding 1.3% to $103.75 per barrel at 8:54 a.m. ET. Still, energy prices remain elevated amid worries over a prolonged conflict while just a trickle of oil gets through the Strait of Hormuz.
Meanwhile, the U.S. and Iran continue to lock horns in a prolonged standoff, with President Donald Trump reaffirming his commitment to a naval blockade of Iranian ports despite surging oil prices and global economic concerns. The U.S. Central Command has reportedly requested to deploy the Dark Eagle long-range hypersonic missile to the Gulf region for possible use against Iran.
Trump says Hormuz blockade is 'incredible,' even as gas prices touch all-time high: The U.S. and Iran continue to lock horns in a prolonged standoff, with President Donald Trump reaffirming his commitment to a naval blockade of Iranian ports despite surging oil prices and global economic concerns.
Trump said the blockade is effectively “choking” Iran’s economy and signaled it would remain in place until Tehran agrees to curb its nuclear program.
“Their economy is crashing, the blockade is incredible,” Trump told reporters at the White House. “Their economy is a disaster. So we’ll see how long they hold out.”
“The blockade is somewhat more effective than the bombing,” Trump had previously made comments to Axios. “They are choking like a stuffed pig.”
The oil markets have remained volatile as traders weigh the risk of prolonged supply disruptions. U.S. fuel prices are climbing rapidly, with the national average hitting fresh highs and retail gasoline in California topping $6 per gallon, a Bloomberg report said. This spike could be a worry for the Republican Party as midterm elections approach.
“The gas will go down,” Trump said. “As soon as the war is over, it’ll drop like a rock.”
Separately, White House economic adviser Kevin Hassett told reporters on Thursday, "If you look at the economic stress that the Iranian people are under right now, it should be unacceptable to any civilized leader."
Iran “is soon nearing storage capacity, which will force the regime to reduce oil production, resulting in an additional approximately $170 million per day in lost revenue, and causing permanent damage to Iran’s oil infrastructure.” Treasury Secretary Scott Bessent wrote on X. $BR $SKYAI $CHIP
Tether (USDT-USD) is trying to build a full-scale Bitcoin (BTC-USD) empire under one public company—and the market reacted fast. On April 29, the company proposed a series of mergers between Twenty-One Capital (XXI) and Strategy (MSTR) preferred stock Strike (STRK). The combined entity would then merge with Elektron Energy, making it into one powerhouse of a publicly traded Bitcoin-focused platform. The combined company would bring BTC treasury holdings, mining operations, lending, payments, and financial services under one platform. The company said it intends to vote its shares in favor of the proposed transactions. STRK already operates in 100+ countries, letting users buy, sell, hold, send, and even borrow against BTC, while Elektron manages nearly 50 EH/s of mining capacity—roughly 5% of the BTC network—with a production cost below $60K per BTC. USDT also wants Elektron Energy CEO Raphael Zagury to become president of the combined company, alongside STRK founder Jack Mallers leading BTC product and consumer growth. The announcement pushed XXI shares from ~$7.79 to nearly ~$9.28 before cooling back toward ~$7.98 on Thursday. On the other hand, STRK is trading around ~$76.69. XXI currently holds 43.5K BTC, while Strategy (MSTR) still dominates the space with 818.3K BTC worth about $62.5B at current prices. USDT itself remains one of the largest BTC holders globally, with more than 140K BTC on its balance sheet. If completed, the deal could create one of the most vertically integrated BTC companies in public markets. #merger #strategy #Tether #StrategyBTCPurchase #FedRatesUnchanged $BR $RIVER $AKE
🚨 BREAKING: Initial jobless claims tumble to multi-decade low, far below consensus: Initial jobless claims for the week ended April 25 dropped to 189K from 215K in the previous week (revised from 214K) and trailed the 213K consensus, according to data released by the U.S. Department of Labor on Thursday. That's the lowest level since 1969.
The four-week moving average was 207.5K, a decrease of 3,500 from the earlier week's average of 211K, which was revised from ~210.8K.
Continuing claims for the week ended April 18 also fell to 1.785M from 1.808M prior (revised from 1.821M) and missed the 1.820M consensus.
The advance seasonally adjusted insured unemployment rate was 1.2% for the week ended April 18, unchanged from the prior week's unrevised rate, the DOL said.
Market bets see Powell exit Fed board before 2027: Prediction markets showed bettors assigning a high probability that Jerome Powell could leave the Federal Reserve Board before 2027, even as he said he planned to remain a governor after his chair term ends in May.
On Polymarket, the probability of Powell being out by May 30 stood near 11%, while odds for an exit by Dec. 31 were about 54%, based on traded prices.
Separate contracts on Kalshi implied a roughly 74% chance of departure before 2027, with lower probabilities assigned to earlier timelines, including about 5.8% before June, according to exchange data.
Powell said Wednesday he planned to remain on the central bank’s board of governors after his term as chair ended in mid-May, citing concerns about ongoing legal challenges to the institution, including a probe into the Federal Reserve’s building renovation project, according to his remarks.
Scott Bessent had criticized Powell’s decision to stay on the board after stepping down as chair, according to reported comments. Powell declined to specify how long he would serve as a governor, saying, “I will leave when it’s appropriate to do so,” amid the investigations, according to his statement. $RIVER $SKYAI $AKE #FedRatesUnchanged #PolymarketDeniesDataBreach #Kalshi #StrategyBTCPurchase
🚨BREAKING: Trump has surprisingly mild reaction to Powell staying at Fed: President Donald Trump appeared to brush off Federal Reserve Chair Jerome Powell’s decision to remain on the Board of Governors until the investigation into the Fed’s building renovation is completed.
At his post-FOMC press conference, Powell said he would stay on for a period “to be determined,” citing the administration’s actions in launching a criminal probe and what he described as a threat to the Fed’s independence.
Trump responded in a social media post: “Jerome ‘Too Late’ Powell wants to stay at the Fed because he can’t get a job anywhere else — nobody wants him.” #Fed #fomc #StrategyBTCPurchase #FedRatesUnchanged $CHIP
🚨BREAKING: U.S. said to pitch new coalition to restore freedom of navigation in Strait of Hormuz:
The Trump administration is asking other countries to join a new international coalition to restore freedom of navigation in the Strait of Hormuz, The Wall Street Journal reported, citing an internal State Department cable.
The cable, sent to U.S. embassies detailing the effort titled "Maritime Freedom Construct," called on diplomats to press foreign governments to sign up for the coalition.
The State Department "will serve as the diplomatic operations hub," while the U.S. Central Command (CENTCOM) "will provide real-time maritime domain awareness" for commercial shipping and coordinate data sharing between partner militaries.
"Your participation will strengthen our collective ability to restore freedom of navigation and protect the global economy," the cable stated , adding that the effort is "a critical first step in the establishment of a post-conflict maritime security architecture for the Middle East."
U.S. officials have been instructed to ask foreign counterparts whether they would like to be a "diplomatic and/or military partner."
"The MFC would be complementary to other security maritime task forces, including the maritime planning effort the U.K. and France are leading," the cable said, referring to the countries' plan for a multinational mission to safeguard shipping through the strait.
A senior administration official confirmed to WSJ that the plan was one of the many diplomatic and policy resources at the president's disposal.
Separately, CENTCOM has prepared a plan for a "short and powerful" wave of strikes on Iran, which would likely include infrastructure targets, three sources told Axios.
Elon Musk tells court he was a “fool” to fund OpenAI: . Tesla (TSLA) and SpaceX (SPACE) CEO Elon Musk told a federal court Wednesday that he was a “fool” to fund OpenAI (OPENAI) as a non-profit venture.
“I was a fool who provided them free funding to create a startup,” Musk said during his testimony on Wednesday, according to The Wall Street Journal. “I gave them $38 million of essentially free funding to create what would become an $800 billion company.”
Musk, a co-founder of OpenAI, is suing the company, along with CEO Sam Altman and President Greg Brockman, for over $180B for allegedly manipulating him into investing in the AI startup as a non-profit project, only to later convert it into a for-profit entity. Musk has also asked that the court remove Altman and Brockman from their positions and unwind OpenAI's conversion into a for-profit company, the WSJ said.
OpenAI, meanwhile, has argued that Musk was supportive of plans to convert the company, but walked away when OpenAI's other co-founders refused to cede control to him. Musk, who went on to establish AI company xAI, has also been accused of filing the lawsuit to slow down OpenAI's progress, the WSJ added.
The WSJ also noted that evidence had been submitted indicating Musk had proposed rolling OpenAI into Tesla at one point. OpenAI is best known for its AI chatbot ChatGPT.
In his testimony, Musk said that while xAI was “technically competitive” with OpenAI, it was a “much smaller” operation. XAI, which developed the AI chatbot Grok, is now a division of SpaceX.
Both OpenAI (OPENAI) and SpaceX (SPACE) are reportedly planning massive IPOs for later this year. Microsoft (MSFT) is a major backer of OpenAI.
In addition to xAI, SpaceX also owns satellite internet provider Starlink (STRLK) and social media platform X. $BIO $SIREN $RAVE
Bessent bashes Powell for staying on the Fed board:
Treasury Secretary Scott Bessent criticized Federal Reserve Chair Jerome (Jay) Powell for deciding to stay on the Fed board of governors after his term ends on May 15. Earlier on Wednesday, Powell said he would stay on as governor for a period of time while there was still a possibility that a criminal investigation of him could still be reopened. "I will leave when it's appropriate to do so," he said. "It's highly unusual for someone who says he's an institutionalist and cares about norms at the Fed," Bessent said during an interview on Fox Business on Wednesday. "This is a violation of all Federal Reserve norms." He pointed out that the only other time a former Fed chair stayed on the board was at the request of the president. "I can promise you that President Trump did not request for Jay Powell to stay," he said. "I think it is an insult to Kevin Warsh, Mickie Bowman, and Chris Waller to think that these other Republican nominees do not care about the institution of the Fed and that he alone can maintain the integrity of the Fed," Bessent added. Today Kevin Warsh cleared the Senate Committee on Banking, Housing, and Urban Affairs. The Treasury secretary said he believes Warsh will be confirmed on time. "I think it's going to be a new day at the Fed," he said. "We will have great monetary policy. I think we'll have great monetary policy. I think we will have great management in terms of the regulatory and of the facilities." #FedRatesUnchanged #AftermathFinanceBreach #PolymarketDeniesDataBreach #BinanceLaunchesGoldvs.BTCTradingCompetition #GoldRetracedToAround$4500 $SKYAI $NAORIS $BSB
Battle Begins: Musk vs OpenAI — Who Wins, What’s the Outcome?
Elon Musk and Sam Altman face off in court in a high-stakes AI showdown: On the second day of trial, Elon Musk reiterated a range of remedies he has pursued since filing his 2024 lawsuit, alleging they went back on their promises to keep the artificial intelligence lab a nonprofit. In January 2026, Musk claimed seeking up to $134 billion in alleged “wrongful gains.” Most recently, he has called for the removal of Sam Altman and Greg Brockman from their roles at OpenAI. OpenAI established a for-profit subsidiary after Musk left its board in 2018, and Musk claims that his $38 million worth of contributions to the company were used for unauthorized commercial purposes. In their opening statement, OpenAI’s lawyers said, Elon Musk never insisted OpenAI stay nonprofit. An email from Shivon Zilis to Sam Teller showed options to shift to a for-profit or hybrid model. Savitt argued Musk supported a for-profit only if he had control and didn’t fully deliver his pledged funding. During his testimony on Tuesday, Elon Musk repeatedly stressed that he founded OpenAI to act as a counterbalance to Google. He said the idea emerged after a dispute over AI safety with Google co-founder Larry Page. Musk testified that he believed Page was not taking AI safety seriously, which led him to pursue a nonprofit, open-source alternative to Google. Testimony has concluded for the day, with Musk set to return to the stand on Wednesday to continue. #ElonMusk #Liquidations #Launchpool #OpenAI $SKYAI $NOM $MYX
Traders reprice Powell's timeline as Fed meeting approaches: Traders on Kalshi have moderated expectations for an early departure of Jerome Powell from his role at the Federal Reserve, pulling back from elevated probabilities seen late last week.
The shift follows remarks from Thom Tillis, who suggested Powell could remain in position while the Department of Justice pursues what may be a prolonged appeals process tied to a recent judicial ruling.
The recalibration in market sentiment comes just days before the Federal Reserve’s upcoming policy decision, scheduled for Wednesday, where interest rates are widely expected to remain unchanged. While monetary policy remains the central focus, leadership uncertainty has become an additional variable influencing trader positioning.
Current Kalshi data indicates participants now assign roughly a 50% probability that Powell exits before June. The likelihood rises to 65% by August and 81% by 2027, reflecting lingering uncertainty but reduced conviction in an imminent change. Overall, traders appear increasingly cautious as legal and political timelines remain fluid. #Fed #FedMeeting #StrategyBTCPurchase #SoldierChargedWithInsiderTradingonPolymarket $DAM $ZKJ $SIREN