Radev’s coalition wins majority in Bulgaria, eyes prime minister role
Crypto Briefing·60-word summary·1 min read
Bulgaria’s coalition led by President Rumen Radev has secured a parliamentary majority, with Radev aiming for the prime minister role. Radev’s pro-Moscow stance raises concerns about potential strains with the EU and NATO, potentially affecting regional stability and foreign policy. The coalition’s victory was announced in April 2026, signaling a shift in Bulgaria’s political landscape.
U.S. Bitcoin spot ETFs saw $238 million inflows on April 20, extending a five-day streak. BlackRock’s iShares Bitcoin Trust led inflows, with total net inflows reaching nearly $58 billion since April 14. The steady demand indicates strong institutional interest despite recent market volatility, supporting Bitcoin’s price stability and ETF growth.
Senator Thom Tillis has urged Senate Banking Chair Tim Scott to delay the markup of the CLARITY Act until May, citing disagreements over stablecoin yield and rewards. Banking groups are concerned that stablecoin yields could divert deposits from traditional banks. The delay aims to address these issues before advancing the legislation, which is part of ongoing efforts to regulate crypto markets.
In Q1 2026, AI companies raised a total of $242 billion, with OpenAI leading the funding round by securing $122 billion. This surge in AI investment, while boosting NVIDIA's market position, has sparked regulatory concerns. The funding highlights the growing influence of AI firms in the tech landscape during the first quarter of 2026.
Solana (SOL) is trading around $85.27, nearing the $87.10 resistance level. US-listed SOL spot ETFs saw $3.28 million in inflows on Monday, marking the fifth consecutive day of positive flows. Solana has led all blockchains in dApp revenue for five weeks straight, generating $16.94 million in the past week, boosting its market activity.
France's finance minister estimates the Middle East conflict could cost the country €6 billion, highlighting potential fiscal strain. The conflict's economic impact underscores the broader challenges for national budgets amid ongoing geopolitical tensions. This development comes as the European Central Bank continues its monetary policy adjustments, with France's projected costs adding to the economic uncertainties in the region.
Ethereum's price has increased 41% from recent lows, with whales actively buying. A whale opened a $90.8 million 20x leveraged long, and another invested $61 million at $2,303. HyperLiquid ETH ETFs saw seven days of net inflows totaling $426 million. Mine bought 101,627 ETH last week, raising holdings to nearly 5 million ETH.