Bitcoin Outpaces S&P in Stability

CRYPTO
Bitcoin Outpaces S&P in Stability

Bitcoin is showing signs of maturity as its volatility falls below that of the S&P 500, positioning it as a potential low-beta hedge against traditional equities. Since President Trump’s “Liberation Day” tariff announcement on April 2, the S&P 500’s seven-day realized volatility has surged to 169%—its highest since 2020—while Bitcoin’s has only reached 83%. Investors are shifting away from U.S. assets, driving Treasury yields higher and pushing the dollar index to its lowest level since September.

The S&P 500 is down 14% in under two months, with similar declines in the Nasdaq and Dow amid rising trade tensions. Surprisingly, investors are also selling off Treasury notes, a move usually associated with emerging markets. According to Evercore ISI, this rare U.S. scenario reflects evaporating growth optimism and declining global confidence in dollar-denominated assets. As political instability grows, Bitcoin’s math-based structure may offer a more stable alternative to traditional markets.

Elon Dreams, Mode Mobile Delivers

As Elon Musk said, “Apple used to really bring out products that would blow people’s minds.”

Thankfully, a new smartphone company is stepping up to deliver the mind-blowing moments we've been missing.

Turning smartphones from an expense into an income stream, Mode has helped users earn an eye-popping $325M+ and seen an astonishing 32,481% revenue growth rate over three years.

They’ve just been granted the stock ticker $MODE by the Nasdaq—and the share price changes soon.

Invest at $0.30/share and earn up to 100% bonus shares.

_{*An intent to IPO is no guarantee that an actual IPO will occur. Please read the offering circular and related risks at invest.modemobile.com.
*The Deloitte rankings are based on submitted applications and public company database research.}

TECH
China Tariffs Hit Tesla Models

Tesla has stopped accepting orders for its Model S and Model X in China after Beijing imposed a 125% retaliatory import duty on U.S.-made vehicles. These two models, built only in California, are now only available from limited showroom inventory. Fortunately for Tesla, the impact is small—only about 2,000 units are at risk, a fraction of global sales. Most of Tesla’s business in China comes from its Shanghai factory, which produces the more popular and affordable Model 3 and Model Y.

The aging Model S and X, largely unchanged since 2012, now play a minor role in Tesla's overall strategy. This disruption stems from the ongoing U.S.-China trade war triggered by Trump’s tariffs. Though markets reacted negatively, Trump stood firm on China, prompting Beijing’s retaliatory measures. Like other luxury brands, Tesla avoids duplicating production for low-volume models, focusing instead on local manufacturing for its core offerings in China.

FINANCE
Taiwan Proposes Zero-Tariff Deal

Taiwan held its first round of tariff talks with U.S. officials on Friday, aiming to build a stronger trade partnership amid rising tensions in the region. Taiwan, which currently faces a 32% tariff on key exports like semiconductors, called the duties unfair but acted swiftly, proposing a zero-tariff regime and increased purchases and investment in the U.S. According to Taiwan’s Office of Trade Negotiations, the video conference with unnamed U.S. officials covered reciprocal tariffs, non-tariff trade barriers, and export controls.

Both sides expressed interest in continuing discussions soon to develop a stable and mutually beneficial economic relationship. The U.S. Trade Representative's office has not yet commented. Taiwan, home to TSMC—the world’s largest contract chipmaker—has long pushed for a formal free trade agreement with the U.S., despite the lack of diplomatic ties. The talks come as Taiwan faces rising pressure from China, which claims the self-governed island as part of its territory—a claim Taiwan firmly rejects.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.