Defense Secretary Pete Hegseth forced Army Chief of Staff General Randy George 
into immediate retirement on Thursday — the latest in a pattern of senior 
military dismissals tied to a deepening conflict between Hegseth and uniformed 
leaders over diversity-linked promotion…

Hegseth Fires Army Chief of Staff After Political Promotions Confrontation

As Bitcoin (BTC) holds the crucial $65,000 to $66,000 area, Ark Invest CEO and 
CIO Cathie Wood has discussed the flagship crypto’s current downturn, 
affirming that the era of severe pullbacks is over. Related Reading: $285M Bug 
Or Human Error? Solana-Based Drift Protocol Suffers Largest Exploit Of 2026 
50% Bitcoin Correction Could Be A ‘Real Victory’ In a recent interview on 
CNBC’s Squawk Box, Ark Invest CEO Cathie Wood affirmed that Bitcoin has 
matured over the last few years, citing broader adoption and growing 
institutional demand for the flagship crypto. Wood said that Bitcoin is a 
“proven technology” and a “proven monetary system,” adding that the industry 
is “seeing now is the institutionalization of this new asset class that has 
had a very low correlation with other asset classes.” Therefore, “the 85%, 95% 
collapses associated with a very new technology, that’s done.” To the CEO, the 
ongoing market correction, which has reduced Bitcoin’s value by nearly half 
from its October peak, could be viewed as a “real victory” rather than a sign 
of weakness for the Bitcoin community, as it would mark a significant decline 
from its historical crashes during previous bear markets. Last year, Wood 
trimmed her Bitcoin prediction for 2030 from $1.5 million to $1.2 million. 
However, she has reiterated her view that Bitcoin will serve as a store of 
value and global settlement system. She previously asserted that growing 
institutional adoption will be a powerful driver for long-term value for the 
flagship crypto, adding that it has only begun. “Institutions really have just 
dipped their toes into this space. We have just started, so we have a long way 
to go,” she stated. Analysts Say BTC Bottom Is Much Lower Despite Wood’s 
outlook, other market analysts have forecasted much lower targets for BTC’s 
bottom. Recently, Bloomberg senior strategist Mike McGlone suggested that a 
“bursting crypto bubble” scenario is looming for the leading cryptocurrency. 
As reported by NewsBTC, McGlone affirmed that Bitcoin could drop as low as 
$10,000 this year, noting that this level was a common trading price before 
2020-2021 and “the first-born crypto’s most traded price since 2017.” Market 
watcher Crypto Jelle recently pointed out that the cryptocurrency’s bear 
market lows have historically formed below the Fibonacci 0.618 retracement 
levels, which could place BTC’s bottom below the $57,000 area. Meanwhile, 
analyst Ali Martinez said that BTC’s final correction before the next bull run 
could send the price 40%-50% down toward the $30,000-$40,000 area, based on 
its historical performance. The analyst explained that the crossover between 
BTC’s 50 and 200 Simple Moving Averages (SMAs) has historically signaled the 
bottom of every major cycle over the past twelve years. Related Reading: 
Bitcoin ETFs Break Four-Month Negative Streak With $1.32B Inflows While ETH, 
XRP Funds Bleed As he detailed, the crossover has consistently marked the 
start of the final leg down before the next bull market, with the price 
declining another 50% when the 50- and 200-SMAs crossed in previous cycles. 
Notably, Bitcoin has seen a 52% correction from its October 2025 peak, and the 
SMAs crossed over on February 27, which could suggest that another major 
correction is due, if history repeats. Featured Image from Unsplash.com, Chart 
from TradingView.com

Bitcoin’s 85% Crash Era Is Over: ‘It’s Now A Proven Technology’, Cathie Wood Says

Gold shed billions in March. Bitcoin quietly pulled in more than a billion. 
Flows Tell A Diverging Story US spot Bitcoin exchange-traded funds attracted 
$1.32 billion in net inflows last month, even as US-based gold ETFs bled $2.92 
billion in net outflows over the same period. The gap caught the attention of 
Bloomberg ETF analyst James Seyffart, who said the trend reflects something 
bigger than a monthly blip — it points to Bitcoin&#8217;s growing appeal as a multi- 
purpose portfolio asset. Related Reading: Standard Chartered Sees Bitcoin 
Exploding To $500K By 2030 &#8220;There are just more use cases of why somebody 
would put a Bitcoin ETF in a portfolio,&#8221; Seyffart said on the Coin Stories 
podcast, published to YouTube on Friday. Gold&#8217;s rough March was punctuated by 
a single brutal day. On March 4, GLD — the largest US gold-backed ETF — 
recorded a $3 billion outflow, its steepest single-day withdrawal in over two 
years. Data from the Bank for International Settlements, cited in mid-March 
reports, showed Wall Street had been accelerating its gold selling over the 
prior four months, even as retail buyers were scooping up the metal at triple 
the pace seen six months earlier. Bitcoin Plays Multiple Roles, Gold Plays One 
Seyffart&#8217;s argument rests on a simple contrast. Gold is widely seen as a hedge 
against inflation and currency debasement — and not much else. Bitcoin, 
according to the analyst, gets used differently by different investors. Some 
buy it as a store of value, similar to gold. Others treat it as a growth asset 
or a way to bet on liquidity conditions. Still others hold it as a form of 
digital property or capital. &#8220;It can be hot sauce in a portfolio,&#8221; Seyffart 
said, describing how Bitcoin&#8217;s volatility and return potential can juice 
overall performance for investors willing to carry the risk. Based on that 
reasoning, Seyffart said his outlook is straightforward: Bitcoin ETFs will 
eventually surpass gold ETFs in total assets under management. US gold ETFs 
currently hold far more in AUM than their Bitcoin counterparts, so that would 
represent a significant shift in where big money parks itself. Related 
Reading: Bitcoin Stumbles Hard: The Worst Q1 In Years Raises Big Questions 
Both Assets Have Fallen In Tandem Contrasting ETF flows haven’t stopped 
Bitcoin and gold from falling in tandem. Bitcoin was trading at $66,889 at the 
time of the original report, off 7.35% over the prior 30 days. Gold was at 
$4,674, down 8.20% over the same stretch. According to Chris Kuiper, gold and 
Bitcoin have a history of alternating leadership. With gold outperforming in 
2025, Kuiper said it would not be surprising if Bitcoin stepped up next. 
Whether that rotation plays out remains to be seen. But March&#8217;s fund flow data 
suggests at least some investors are already making their move. Featured image 
from Meta, chart from TradingView

Bitcoin ETFs Gaining Ground, Could Soon Surpass Gold—Analyst

Polymarket removed a market on a missing US service member after backlash, 
saying the listing failed internal integrity standards on Friday.

Polymarket pulls missing pilot market after backlash

Two U.S. military aircraft were shot down in separate incidents during combat 
operations over Iran on April 3 — an F-15E Strike Eagle and an A-10 
Thunderbolt II — with a search-and-rescue operation still ongoing for one 
missing crew member…

Cryptocurrency price in UAH