S&P and Nasdaq Reach New ATHs

Find out our latest reports, listed below:‍

• Block Scholes x Panoptic: Bridging The Onchain Convexity Gap
• Volatility Report: February 2026
• 2026 – the year of RWA perps?
• Bybit x Block Scholes: “2026: It's Different This Time

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Market Snapshot: Overnight Moves

Daily Updates:

• US equities reached record highs yesterday while BTC currently trades around $75K after news that the US and Iran are considering a two-week extension to their current two-week ceasefire set to expire on April 22 next week. 
• According to the Associated Press, the two sides have an “in principle agreement” to pursue further talks after the inconclusive initial round of talks in Pakistan at the weekend. 
• The technical talks are designed around reaching a compromise on the outstanding and most contentious issues that prevented last weekend’s 21-hour marathon negotiation from ending with a longer-term peace treaty, such as a full reopening of the Strait of Hormuz as well as Iran’s nuclear ambitions.
• Press Secretary Karoline Leavitt told reporters yesterday that the US members haven‘t “formally requested an extension of the ceasefire", but “remain very much engaged in these negotiations.”

• The S&P 500 closed yesterday’s session up 0.8%, while the Nasdaq-100 jumped up 1.4% for its 11th day win streak — with both indexes now trading at record all-time highs.
• Oil prices have steadied amid the signs of an extended ceasefire. Brent is trading around $95 a barrel, compared to last month’s peak of close to $120, while WTI is closer to $92. 

• In options markets, 7-day ETH skew once more briefly turned positive, with OTM calls trading at a premium to put contracts, though that quickly returned back to a modest premium in favour of puts. The past week has seen that same pattern play out a few times as ETH’s spot price remains above $2,300. For BTC options, we’ve yet to see the same, albeit temporary, shift towards call options. 

• World Liberty Financial, a Trump-linked crypto project, is facing backlash as a proposal aims to restructure 62,282,252,205 WLFI tokens and extend lock-ups for investors.
• The plan introduces strict timelines where founders and insiders face a 2-year lock-up plus 3-year vesting, while early supporters collectively holding over 17 billion tokens must wait up to 4 years to fully access their holdings.
• Justin Sun, the largest investor, publicly attacked the proposal as a “governance scam,” intensifying tensions after the project froze his tokens.
• The proposal also includes a 4.5 billion WLFI token burn and sets governance rules requiring at least 1 billion tokens to participate in voting, a simple majority to pass within a 7-day period, followed by a 10-day window for holders to accept the new terms - if they do not agree, their tokens remain locked indefinitely with no set release timeline.

• South Korea’s Ministry of Economy and Finance is launching a pilot using tokenized deposits to handle government spending, with rollout planned for the fourth quarter of 2026 starting in Sejong City.
• The sandbox will let the government test whether these payments improve transparency and reduce misuse, while also allowing exceptions to current rules that require spending via government cards, and the results could shape future laws and expand digital payment use across public finances.

• Bitcoin miner and AI technology business, Bitdeer reported strong Bitcoin mining performance in March 2026, producing 661 BTC, a 480% year-on-year increase, while scaling its self-mining (where the company is mining for its own account and keeping the Bitcoin), hashrate to around 70 EH/s and expanding capacity for further growth.
• This growth is driven by a major increase in computing power compared to last year, with total managed hashrate reaching 78.1 EH/s and a significantly larger base of 225,000 self-owned mining rigs actively securing the network and generating BTC.
• The company is also vertically integrating its operations by manufacturing and deploying its own SEALMINER machines, which helps lower energy costs and improve long-term mining profitability.

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This Week’s Calendar:

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Charts of the Day: