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Crypto

Bitcoin sentiment improves but ETF outflows still weigh

Bitcoin futures market funding rates rose to the highest level in about 2 weeks, improving short-term sentiment. Bitcoin climbed to around $65,500, helped by expectations of easing Middle East tensions and a drop in oil prices. Derivatives positioning turned more bullish, but options markets showed strong demand for downside protection. Concerns also lingered over corporate bitcoin holdings. The main burden remains continued outflows from U.S.-listed spot bitcoin ETFs, now in a sixth straight week.

AI & Enterprise

U.S. government weighs stakes in AI companies as \'AI sovereign wealth fund\' plan emerges

U.S. President Donald Trump is receptive to the idea of the government holding stakes in major artificial intelligence companies, Vice President JD Vance said. Vance said Trump views it as a type of sovereign wealth fund and argued taxes alone may not spread AI-created wealth to workers. The debate aligns with a proposal by Senator Bernie Sanderson. Elon Musk and Mark Cuban voiced skepticism. Officials have discussed possible structures, but policy remains at an early review stage.

Crypto

Bitcoin buying detected targeting $88,000 despite war fears

Bitcoin showed short-term weakness as geopolitical risks revived risk-off sentiment across global markets, but analysts said market supply-demand and technical indicators still point to a rebound. Strategy expanded its holdings and estimates suggest additional demand this week. U.S.-listed spot bitcoin ETFs posted strong net inflows. Analysts cited continued purchases, supply absorption and oversold signals as limiting downside risk, while rising mining stocks and a higher S&P 500 supported risk appetite.