Liz Truss: Bitcoin is Ultimate Weapon Against Central Banks
U.Today·60-word summary·1 min read
Former UK Prime Minister Liz Truss described Bitcoin as the "ultimate weapon" against central banks during an interview on The Liz Truss Show. She emphasized her support for a decentralized financial system, viewing Bitcoin as a key tool to challenge traditional monetary authorities. The comments highlight her advocacy for cryptocurrencies as a means to promote financial independence and resilience.
The Bitcoin Fear & Greed Index has risen to 33 on April 21, 2026, the highest since mid-January, indicating a shift from extreme fear. The index, which measures trader sentiment on a 0-100 scale, was at 21 on April 17, reflecting recent market anxiety. This increase suggests growing confidence among crypto traders, though the market remains in a cautious, fearful state.
Strategy has overtaken BlackRock’s IBIT in Bitcoin holdings after purchasing 34,164 BTC for $2.54 billion, increasing its total to 815,061 BTC. This latest acquisition marks a significant milestone in its Bitcoin accumulation efforts, surpassing BlackRock’s holdings. The move highlights Strategy’s aggressive approach to expanding its crypto portfolio as of April 2026.
Bitcoin inflows to deposit wallets have surged to levels seen during bear markets, raising concerns about market exhaustion. The spike indicates increased accumulation activity, even as short-term price movements fluctuate. This trend suggests traders may be preparing for a potential market reversal, though broader trends remain uncertain. The data highlights ongoing investor caution amid recent volatility.
New York Attorney General Letitia James has sued Coinbase and Gemini on April 21, 2026, over allegations that their prediction market platforms operate as illegal gambling. The lawsuit claims the platforms violate state laws by facilitating unregulated betting activities, raising concerns about the legality of such operations within New York. The case marks a significant regulatory challenge for the crypto exchanges.
Strategy invested $2.54 billion in Bitcoin on April 20, its third-largest purchase ever, with Bitcoin trading at $75,742. Meanwhile, Solana experienced a record quarter, with $1.1 trillion in economic activity. These moves highlight significant institutional activity and shifting market dynamics in the crypto space, emphasizing Bitcoin's continued dominance and Solana's growing ecosystem.
Coinbase CEO predicts G20 nations will soon adopt Bitcoin reserves, potentially transforming its role from a speculative asset to a strategic financial reserve. This shift could significantly impact global finance, as G20 countries move toward integrating Bitcoin into their national reserves. The timeline for this adoption remains uncertain, but the prediction highlights growing institutional interest in Bitcoin’s long-term value.