NinjaTrader Multi-Account Copier-up to 20 different accounts Life-Time License
Monday, April 14, 2025
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Mechanism Capital’s Andrew Kang Doubles Down on Bitcoin With $200M Long Position
Andrew Kang, founder of crypto investment firm Mechanism Capital, has significantly increased his bullish bet on Bitcoin, doubling his previous position with an additional $100 million long. The move brings his total leveraged position to $200 million, according to on-chain data from blockchain intelligence platform Arkham.
"Andrew Kang just doubled his Bitcoin position," Arkham stated in an April 12 post on X (formerly Twitter), pointing to wallet activity linked to Kang. The firm reported that the added $100 million position carries a potential profit or loss margin of approximately $6.8 million.
This aggressive market stance follows Kang’s initial $100 million long placed on April 9 coinciding with a post by former U.S. President Donald Trump on Truth Social that read, “THIS IS A GREAT TIME TO BUY!!! DJT.” Shortly afterward, the Trump administration announced a 90-day pause on newly implemented tariffs, a decision that sparked a rally across both crypto and equity markets.
Kang commented on April 12, attributing Bitcoin’s potential trend reversal to what he termed “trade war capitulation” and a “Trump put” the notion that Trump will take measures to boost the stock market. He suggested these developments create ideal conditions for Bitcoin to rebound from its multi-month downtrend.
Meanwhile, political tensions have escalated. Senate Democrats have urged the U.S. Securities and Exchange Commission to investigate Trump and his affiliates for potential insider trading and market manipulation related to the timing of his social media post and the tariff pause announcement.
In the midst of the volatility, Bitcoin has seen sharp price swings. Over the past 24 hours, the cryptocurrency fell to a low of $83,197 before recovering to trade near $85,000, according to CoinGecko. Confusion around U.S.-China tariff policy has added to the market’s uncertainty. Trump later clarified that there was no tariff “exception,” but that certain electronics were reclassified under a 20% tariff rate.
With macroeconomic factors, political headlines, and high-leverage trades converging, Bitcoin markets remain on edge. Investors will be closely watching both the regulatory response and further moves by high-profile traders like Kang.
Swiss Franc Surges Amid Global Market Deleveraging, Says BofA
The Swiss Franc (CHF) is emerging as a standout performer in global currency markets, as investors retreat from risk amid mounting volatility. According to analysts at Bank of America (BofA), the recent strength in CHF reflects a broader trend of market deleveraging rather than seasonal patterns.
Despite a typically subdued performance in April, the USD/CHF pair has dropped to levels not seen since 2011. BofA suggests this move highlights Switzerland’s strong net foreign asset position, which is helping the franc weather global market stress. The analysis challenges the view that April is a seasonally positive month for the franc.
Alongside the CHF, other safe-haven currencies like the Japanese Yen (JPY) and the Euro (EUR) have also benefited from the current risk-off sentiment. The decline in equities and rising uncertainty in foreign exchange markets have prompted investors to seek shelter in currencies associated with fiscal discipline and current account surpluses.
BofA also points to growing speculation over the potential for Swiss National Bank (SNB) intervention, especially as USD/CHF 6-month risk reversals show an unusually strong tilt toward USD puts surpassing levels seen during the 2008 financial crisis and the COVID-19 market crash.
Despite this, options markets remain skeptical about the SNB's ability to counteract these strong inflows into the franc. Analysts warn that these extreme positions in both CHF and JPY may signal a shift away from U.S. assets, raising questions about the long-term confidence in the U.S. Dollar, especially in light of the persistent U.S. twin deficits.
With the franc gaining strength amid heightened geopolitical concerns and shifting investor priorities, all eyes remain on central bank policy and the evolving macroeconomic backdrop.
COT Reports for NASDAQ, Gold, Bitcoin , Natural Gas, and Crude Oil (simplified) last update :04/14/2025
Sunday, April 13, 2025
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Gain a sharper edge in the markets with our user-friendly Commitments of Traders (COT) reports now expanded to include NASDAQ, Gold, Bitcoin (BTC), Natural Gas, and Crude Oil.Our latest update, reflecting data as of April 14, 2025, unpacks non-commercial futures positions so you can better gauge market sentiment and fine-tune your trading strategies across top asset classes.
Whether you're navigating equities, commodities, or crypto, our straightforward COT breakdowns give you the clarity you need to stay informed and ahead.
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COT Reports for FOREX MAJOR (simplified )Last Update: 04/14/2025
Elevate your trading game with our simplified take on the Commitments of Traders COT Reports.
We break down non-commercial futures positioning across major currency pairs, giving you a clear view of market sentiment and trader behavior without the jargon.
Our most recent update, as of April 14, 2025, gives you timely insights to support smarter, more confident trading moves. Stay informed and ahead of the market with our concise and easy-to-digest COT summaries.
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Kraken Partners With Mastercard to Launch Crypto Debit Cards in Europe and the UK
Wednesday, April 9, 2025
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Kraken, one of the world’s leading cryptocurrency exchanges, has announced a partnership with Mastercard to launch crypto debit cards in the United Kingdom and across Europe. The move marks a significant step toward mainstream adoption of digital assets as real-world payment instruments.The new Kraken Mastercard debit card will allow users to spend cryptocurrencies and stablecoins directly, bringing enhanced convenience and usability to Kraken’s growing customer base. Rollout of the card is expected in the coming weeks, with a waitlist already open to users.
This development comes as Kraken actively pursues regulatory approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework, signaling its intent to operate in full compliance with upcoming crypto laws.
Building on Kraken Pay’s Momentum
The card launch builds on the rapid expansion of Kraken Pay, a payment service introduced in January 2025. Kraken Pay supports transfers in over 300 crypto assets across borders and includes features like “paylink,” enabling crypto payments via shareable URLs.
Since its debut, more than 200,000 users have activated Kraktag, a secure identifier for receiving funds without sharing banking details.
Mastercard’s Continued Commitment to Crypto
Mastercard, which has actively explored the crypto ecosystem through partnerships with platforms like MetaMask and Mercuryo, reaffirmed its commitment to supporting digital asset infrastructure.
“Partnering with Mastercard is a major step toward us bringing the vision of crypto’s everyday utility to life,” said Kraken co-CEO David Ripley. “Together, we will unlock crypto’s true potential for global commerce.”
Scott Abrahams, EVP of global partnerships at Mastercard, added, “Our latest partnership with Kraken is a testament to our drive for innovation in digital payments.”
As global interest in crypto payments grows, this collaboration underscores the increasing overlap between traditional finance and decentralized technology.
UBS Cuts Forecasts for AUD/USD and EUR/CHF Amid Trade Tensions and Market Volatility
Swiss banking giant UBS has revised its outlook for two major currency pairs AUD/USD and EUR/CHF as global economic instability, trade war pressures, and rising market volatility continue to rattle investor sentiment.
Australian Dollar Deemed ‘Main Casualty’ of U.S.-China Trade War
UBS analysts have downgraded their forecast for the Australian dollar against the U.S. dollar (AUD/USD), citing the currency’s heightened sensitivity to global risk-off sentiment and ongoing U.S.-China trade tensions. The firm also closed its long-standing AUD/SEK recommendation, initially opened in March, due to deteriorating fundamentals.
According to UBS, the Australian dollar has become the biggest victim of recent spikes in equity market volatility, plunging to levels not seen since the peak of the COVID-19 market crash in March 2020. Despite Australia’s relatively limited direct exposure to U.S. protectionist measures, the broader geopolitical environment particularly China’s retaliatory tariffs has weighed heavily on the AUD.
The bank acknowledges the possibility of a short-term rebound in the AUD; however, it warns that escalating friction between the world’s two largest economies poses serious downside risks. UBS now holds a more conservative view on the medium-term trajectory of the Australian dollar, urging caution as markets remain vulnerable to trade-driven shocks.
EUR/CHF Forecast Lowered as Swiss Franc Strengthens on Market Volatility
In a separate note, UBS revised its projections for the euro against the Swiss franc (EUR/CHF), citing persistent market uncertainty and strong investor demand for safe-haven assets. The bank cut its end-2025 target for EUR/CHF from 0.97 to 0.94, and its end-2026 forecast from 1.00 to 0.96.
UBS attributed the adjustment to heightened global risk aversion, rising volatility (as measured by the VIX), and a backdrop of U.S. policy unpredictability. These factors are expected to keep the Swiss franc under upward pressure for longer than previously anticipated.
“Given the current environment of high VIX levels and policy uncertainty, CHF appreciation may persist beyond our earlier expectations,” UBS strategists stated.
While the Swiss National Bank (SNB) could potentially act to dampen excessive currency strength, UBS advised investors not to preempt such moves until the EUR/CHF dips below the lower boundary of its Q2 trading range, set between 0.92 and 0.97.
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