This Week's Hot Magazine Stories
Federal Court Ends Custodia Bank's Legal Battle for Master Account
Custodia first applied for a master account in October 2020, which would allow financial institutions to hold reserves directly at the Federal Reserve Bank and access its payment systems, enabling transactions without relying on intermediary banks.
After the Federal Reserve rejected its master account application, Custodia turned to the courts, arguing that the Currency Control Act grants state-chartered banks the right to access Federal Reserve services, and therefore it should be granted a master account.
Ethereum Foundation Releases Task Description, Outlining Roles and Goals
Former UK Prime Minister Boris Johnson Calls Bitcoin a Ponzi Scheme
Johnson stated that a friend continued to pay additional fees to the promoters of the scheme over the next three and a half years, but despite investing £20,000 (approximately $26,474), he was never able to recover his funds, leading to financial distress.
BlackRock States that Exotic Crypto ETFs Are Not Part of Its Strategy
“Will we see some more exotic structures enter this space? I have no doubt that we will. Some will be interesting, and some will resonate with investors.
However, we will take a cautious approach and think about how we will expand.”
Spot Bitcoin ETF Sees Inflows for Five Consecutive Days, a First Since 2026
Since the last similar inflow record from November 25 to December 2, 2025, the spot Bitcoin ETF has attracted a total of $284.61 million.
Winners and Losers
This Week's Most Memorable Quotes
“What I worry about is the combination of large-scale coordinated political action with massive pools of capital, which can lead to unintended consequences, causing backlash and resolving issues in a way that is both authoritarian and fragile, even if that was not the initial intent.”
“By combining the risk exposure of spot Ethereum and staking rewards in one ETP, ETHB provides investors with a significant new opportunity to participate in the ecosystem's development.”
“I will buy Bitcoin when central banks start printing money.”
“The biggest barrier to Bitcoin adoption for payments is tax policy, not scaling technology.”
“The use of blockchain and stablecoins, if you want to include cryptocurrencies as well, significantly enhances productivity.”
This Week's Predictions
Bitcoin Nears $74,000, but Data Suggests Bear Market Is Not Over
Despite macroeconomic events and institutional inflows potentially driving Bitcoin's recent momentum, traders remain skeptical about whether the bear market has actually ended.
According to a report released by the U.S. Department of Commerce on Friday, the U.S. economy grew by 0.7% from October to December 2025, a significant downward revision from previous expectations. The final report will be released on April 9, but the increased risk of a recession in 2026 is causing investors to gradually shy away from U.S. Treasuries.
This Week's Major FUD
