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Strategist Sees Reversion Risk in Gold and Oil After Iran Strikes

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U.S.-Israel strikes on Iran could spark reversals in gold and crude oil as war premium fades, signaling 2026 peaks and risk-asset relief, Bloomberg strategist Mike McGlone warns. Strategist Flags Commodity Reversal Scenario Bloomberg Intelligence strategist Mike McGlone shared on social media platform X on March 1 his view that U.S.-Israel strikes on Iran could trigger […]

Hyperliquid Weekend Volume Up As Traders Bet On Commodities Amid US-Iran Conflict

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According to a recent report, Hyperliquid saw the surge in trading volume over the weekend, as it became the venue to bet on commodities and other traditional asset classes. Following the escalation of tensions between the United States, Israel, and Iran, Bitcoin and the crypto market succumbed to significant downward pressure.

However, the crypto market wasn’t the only asset class that saw trader activity on Saturday, February 28, as perpetual swap futures tied to various commodities on Hyperliquid also witnessed significant price action. These moves offered some insight into what to expect when the global financial markets open on Monday.

Hyperliquid Trading Volume Surges For Traditional Assets

According to the latest market data, perpetual swap futures of commodities, including oil, gold, and silver, saw significant jumps in their prices on Saturday. This price rise was triggered by the military actions of the United States and Israel against Iran, who responded on the day by targeting specific US assets in the Middle East.

Specifically, the price of oil jumped by more than 5%, as Iran threatened to restrict the passage of vessels through the Strait of Hormuz. The Strait of Hormuz is a body of water that connects the Persian Gulf with the Gulf of Oman and the Arabian Sea, and it controls ~20% of the world’s petroleum liquids consumption.

Unsurprisingly, these price rises were backed by significant volume, as traders looked for war risk hedges in Hyperliquid’s round-the-clock perp market. Market data shows that silver led activity among the commodity-linked perps on the exchange, with over $227 in trading volume on Saturday. Meanwhile, the gold perpetual swap futures recorded a trading volume of approximately $173 million on the day.

The events of the past weekend and the ensuing market activity has reopened the conversations around round-the-clock trading for all asset classes. According to a Bloomberg report, Wall Street is becoming more attentive to platforms like Hyperliquid, where users are allowed to create perpetual futures tied to broader assets, including equities and commodities.

Jake Ostrovskis, head of over-the-counter trading at Wintermute, told Bloomberg:

As Middle East tensions escalated, crypto sold off and because Bitcoin trades 24/7, it became the most liquid asset available for traders looking to hedge or express a view on the move. The fact that BTC is acting as a proxy for broader risk being the only market open is exactly why more asset classes, commodities included and need to move to 24/7 trading. Round-the-clock price discovery is a structural upgrade for market efficiency, and we’re heading in the right direction.

Ultimately, this growing conversation around round-the-clock somewhat ties into recent efforts by the large financial institutions to embrace tokenization.

HYPE Price Jumps 20%

As a result of the activity and volume surge, the price of HYPE, Hyperliquid’s native token, enjoyed a bullish resurgence of nearly 20% on Saturday. As of this writing, the cryptocurrency is vaued at about $30.5.

Hyperliquid

The price of HYPE on the daily timeframe | Source: HYPEUSDT chart on TradingView

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

US Senator Torches Bankman-Fried as Clarity Act Support Backfires

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U.S. Senator Cynthia Lummis forcefully rejected Sam Bankman-Fried’s praise of the Clarity Act, warning the bill would impose harsher penalties on him and distancing her crypto legislation from his past lobbying efforts as regulatory battles intensify. Lummis Slams Bankman-Fried Over Clarity Act Remarks U.S. Senator Cynthia Lummis shared on social media platform X on Feb. […]

Bitcoin, Ethereum drop after US and Israel strike Iran – DL News

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  • President Donald Trump announced Saturday that the US and Israel attacked Iran.
  • Bitcoin and Ethereum immediately dropped on the news.
  • It isn’t clear how long the military operation will take.

The price of Bitcoin, Ethereum and other major cryptocurrencies dropped on Saturday after President Donald Trump announced that the US and Israel had started “major combat operations” against Iran.

Bitcoin was priced at $64,055 at 9am in New York, down nearly 3% over a 24-hour period, according to CoinGecko. It dropped hard on the news, quickly dropping as low as $63,177, but has since recovered slightly.

Ethereum’s price was hit harder: the coin has lost nearly 5% of its value over the past day and was recently trading for $1,867.

“We’re going to annihilate their navy, we’re going to ensure that the region’s terrorist proxies can no longer destabilise the region or the world,” Trump said in a video posted on Truth Social.

“This regime will soon learn that no one should challenge the strength and might of the United States armed forces,” he added.

Derisk expected

Experts last week told DL News that a US attack on Iran would most certainly lead to a dip in crypto prices.

But market observers were divided on how prolonged a selloff would be. When tensions flared last year between Israel and Iran investors quickly sold off their Bitcoin.

The leading cryptocurrency’s price fell sharply following Israel’s June 2025 “Operation Midnight Hammer” strike and dipped again later that month when the US joined in.

It then recovered after Trump announced a pause in attacks.

Experts, though, warned that this time round, conflict between the US, Israel and Iran could go on for longer — and possibly lead to a wider regional war.

Other assets

Other top cryptocurrencies were also down on Saturday. XRP dropped by more than 3% and was priced at $1.33. Solana dropped by the same amount and was trading hands for $80.34.

Elsewhere, Dogecoin and Cardano, the 10th and 13th biggest coins by market cap, respectively experienced bigger selloffs. Memecoin Dogecoin lost 4% of its value over a 24-hour period and Cardano dropped by nearly 6%.

The entire crypto market cap has lost 50% of its value since October.

Crypto market movers

  • Bitcoin was down 3% over a 24-hour period, trading for $64,055.
  • Ethereum dropped by 5% over the same timeframe and was priced at $1,867.

What we’re reading

Mathew Di Salvo is a news correspondent with DL News. Got a tip? Email at mdisalvo@dlnews.com.

How to access Grok 4 for free: The ultimate guide to the best AI

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The landscape of artificial intelligence is shifting at a dizzying pace, with new models emerging almost every month to redefine what we thought was possible. Among these innovations, Grok 4 has rapidly climbed the ranks to become one of the most sought-after tools for tech enthusiasts and professionals alike.

However, for the average user, accessing this high-level intelligence usually comes with a catch: a mandatory paid subscription to specialized platforms or premium social media tiers. Fortunately, a revolutionary alternative has appeared on the digital horizon, allowing anyone to harness the full power of Grok 4 free, without spending a single cent.

The rising demand for Grok 4 capabilities

Grok 4 stands out from its competitors due to its unique personality and its deep integration with real-time global data. Unlike many other AI models that rely on static datasets with a fixed cutoff date, Grok 4 is designed to understand the pulse of the world as it happens.

This makes it an invaluable asset for those who need up-to-the-minute information, trend analysis, or simply a more human-like and witty conversational experience. Despite these impressive capabilities, the financial barrier to entry has historically kept many curious users away from exploring its full potential.

Introducing the Free AI Online solution

This is where the Free AI Online platform completely changes the narrative for the global AI community. This website has positioned itself as a true pioneer in the democratization of technology by offering a direct gateway to various high-end artificial intelligences. Most notably, it provides Grok 4 in a completely free and unrestricted format.

While most legitimate AI services require users to navigate through complicated registration forms, verify email addresses, or link social media profiles, this platform removes all those hurdles. You can access the interface and begin a sophisticated dialogue with Grok 4 immediately, ensuring that your workflow is never interrupted by administrative barriers.

Unlimited access without constraints

The most impressive aspect of using Grok 4 on the Free AI Online platform is the commitment to unlimited usage. In a market where even paid services often impose strict message caps or “tokens” that expire after a few hours of intensive work, this platform allows for endless interaction. Whether you are a developer looking to debug thousands of lines of code, a student researching a massive thesis, or a creative writer brainstorming an entire novel, you will not encounter any “limit reached” notifications.

This level of freedom is practically unheard of for a model as advanced as Grok 4, making the platform a favorite for power users who require sustained performance.

Privacy and efficiency through no-account usage

Beyond the technical benefits, the lack of account creation is a massive win for digital privacy. In an era where personal data is often harvested and sold, the ability to use a top-tier AI anonymously is a rare luxury.







Michael Saylor’s ‘Turn of the Century’ Post Sparks Fresh Bitcoin Buy Speculation

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Strategy may be signaling another bitcoin accumulation as Michael Saylor posts his closely watched orange dot chart, a move traders increasingly treat as an indicator of an impending balance sheet expansion. Saylor’s Orange Dot Post Fuels Fresh Bitcoin Accumulation Speculation Strategy Executive Chairman Michael Saylor shared his signature orange dot bitcoin chart on social media […]

Willy Woo Warns Liquidity Breakdown Could Cap Bitcoin’s Rally Despite Short-Term Relief

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Bitcoin faces mounting bearish pressure as weakening liquidity and deeply negative on-chain flows cloud the outlook, Willy Woo warns, suggesting that any short-term rebound may be rejected before a durable recovery can take hold. Bitcoin Faces Structural Weakness With $45K Touted as Typical Bear Market Floor Crypto market cycles remain under close scrutiny as on-chain […]

Bitcoin Spot ETFs Record $787 Million Inflows To Break 5-Week Negative Streak

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The US Bitcoin Spot ETFs have experienced a resurgence in market inflows following an extended period of overwhelming withdrawals amid a deep price correction. The positive netflows recorded last week represent the first in six trading weeks, five of which resulted in total net outflows valued at $3.8 billion. Notably, the rebound in ETF inflows is independent of Bitcoin’s choppy price action, indicating that institutional investors may be building positions for a potential market recovery.

Bitcoin Spot ETFs End February On Red Note Despite Late Surge

According to data from SoSoValue, investors deposited an excess of $787.31 million in the Bitcoin Spot ETFs between February 23 and 27, representing a positive ending to a rather turbulent trading month. Despite this late market rally, February still reported total net outflows of $206.52 million, representing the fourth consecutive negative monthly performance.

With respect to the last trading week, BlackRock’s IBIT recorded a staggering net deposit of $502.99 million, accounting for a significant portion of investors’ bullish activity. The undisputed market leader now boasts of total cumulative net inflows of $61.81 billion within 28 trading months. Interestingly, Grayscale’s GBTC emerged as a distant runner-up with aggregate inflows of around $89.43 million, and remains the third largest Bitcoin Spot ETFs with net assets of $10.29 billion.

Meanwhile, Bitwise’s BITB also recorded a standout performance with net inflows of $68.30 million, representing its first in three trading weeks. Fidelity’s FBTC, Grayscale’s BTC, Ark Invest/21 Shares, and VanEck’s HODL also experienced significant net deposits, ranging between $19 million to $34 million. On the other hand, Invesco’s BTCO and Franklin Templeton’s EZBC registered minimal net inflows of around $2m -$3 million, while Hashdex’s DEFI, WisdomTree’s BTCW, and Valkryie’s BRRR reported zero netflows.

At the time of writing, the total cumulative netflows of the Bitcoin Spot ETFs are $54.80 billion, while total net assets are now valued at $83.40 billion, representing 6.36% of the Bitcoin market cap. Meanwhile, Bitcoin continues to trade at $66,504.55, reflecting a 3.82% gain in the past day.

Ethereum Spot ETFs Record First Green Performance In 6 Weeks

Alongside their Bitcoin counterparts, the Ethereum Spot ETFs also experienced a turnaround in investor activity over the last week. More data from SoSoValue shows these investment funds registered a total netflow of $80.46 million, to terminate a five-week negative streak that began in mid-January. Total cumulative inflows for the Ethereum ETFs are now valued at $11.60 billion, while net assets are estimated at $10.96 billion.

Bitcoin Spot ETFs
BTC trading at $66,451 on the daily chart | Source: BTCUSDT chart on Tradingview.com

Featured image from Finst, chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

The Best AI Tools That Actually Respect Your Privacy

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Last month, a security researcher found 300 million messages from 25 million users sitting in a publicly accessible database. No hack. Just a misconfigured backend on a wrapper chatbot built on top of Claude, ChatGPT, and Gemini.

Medical questions, legal discussions, personal confessions, all of it free for the taking. The worst part? It wasn’t even an attack. Just negligence.

It’s enough to give those concerned about privacy a scare, and then there’s the more deliberate stuff some companies are doing: LinkedIn quietly opted users into AI training. Google flipped Gmail access on by default for its AI model Gemini. Meta cited “legitimate interest” to train on years of EU users’ Facebook posts. A court ordered OpenAI to preserve all ChatGPT logs—including deleted ones—for legal discovery.

As Moxie Marlinspike, the cryptographer who built the privacy-focused messaging app Signal, put it: using mainstream AI is like confessing to a “data lake.”

So if you still want AI in your life—and many of you probably do—here are some tools that at least make a serious effort to keep your data private.

Confer: What if Signal was a chatbot?

Moxie Marlinspike developed Signal so users could have privacy in the middle of the Web 2.0 revolution. Confer, his AI project launched in December 2024, is the logical continuation now that interactions with AI are found everywhere on the internet.

With Confer, your message encrypts on your device before it goes anywhere. It then travels to a Trusted Execution Environment: a hardware-isolated vault on the server that even Confer’s own engineers cannot access or read. The response comes back encrypted. The entire codebase is open source and verifiable. Anyone can check that what’s actually running on the servers matches what’s published.

That last part is called remote attestation. It’s a big deal. It means you don’t have to trust their privacy policy; you can verify the architecture itself.

No chat logs. No training. No advertising. No data stored after your session ends.

Confer requires an account but supports alias emails and uses passkeys (Face ID, Touch ID, device PIN) instead of passwords, so your encryption keys never leave your device. The free tier gives you 20 messages a day; paid is $34.99 a month, which is expensive. The trade-off is real: The AI quality is decent but not at the level of GPT-5 or Claude Opus, and there’s no image generation, no file uploads, no character modes, no web search, no agents. It’s a chatbot, and that’s it. But for the things you’d normally type into a therapist’s notes or a lawyer’s email, this is currently one of the safer alternatives.

Venice: The one that actually has features

Founded by privacy advocate and Bitcoin OG Erik Voorhees, Venice is where you go when you want Confer-level privacy but also want a wider range of capabilities beyond simple text chats.

The key mechanic: your chat history lives in encrypted local browser storage on your device. Venice says it cannot access your conversation content. If they get subpoenaed, they have nothing to hand over. That’s a meaningful guarantee, not just a policy checkbox.

One good thing is you can use Venice as a guest without an account. Alias emails work for signup. Passkeys are supported, though our account creation flow had a few hiccups in testing before it clicked.

Feature-wise, it’s legitimately stacked: Wide model selection including open-source and uncensored models; Sora-level video generation through a credit system; image generation; a “characters” feature for roleplay and persona-based interactions; the ability to set up custom system prompts; and web search.

For anyone who wants most of what ChatGPT Plus offers without OpenAI reading every word, Venice is probably the answer.

Lumo: Proton’s AI, and that alone says a lot

Proton has been building encrypted infrastructure since 2014. Lumo is their AI assistant, and it carries the same philosophy: zero-access encryption, no training on your data, no third-party data sharing.

There’s an auto-destroy setting that wipes your chats when you log out. File uploads work natively with Proton Drive, which no other AI tool allows. Web search is a toggle.

It also runs on Proton’s own model, not a third-party API.

It’s not feature-rich, though. There’s no image generation, no model selection, no character modes. But it’s clean. It’s E.U.-based and GDPR compliant, it works nicely, and the company behind it has a decade-long track record of not selling you out. For someone already in the Proton ecosystem, it’s an obvious add.

Kagi: Not an assistant, but your new default search

Kagi is a search engine, not a chatbot. And that’s a feature, not a bug.

You pay a subscription, and in return, it doesn’t track your clicks, doesn’t run ad networks, and doesn’t build a behavioral profile on you. The results look like Google (actual links, actual URLs) instead of the Perplexity/ChatGPT model that tries to answer everything so you never visit the original source.

The Kagi Assistant feature is pretty clever. You pick a source and ask the assistant questions. The AI answers exclusively based on that site. We tested it and got a seven-URL briefing on the crypto bear market, all sourced from Decrypt, formatted like a Perplexity summary but scoped entirely to one domain.

Kagi says neither it nor its LLM providers train on your assistant data. Threads delete after 24 hours by default. An account is required, but alias emails also work.

If you’re a journalist, researcher, or anyone who reads a lot and hates being profiled for it, Kagi belongs in your stack.

Also, the fact that it works as a Google-like search engine that provides links instead of briefings means that it’s less prone to hallucinations.

CamoCopy: European-routed, feature-complete, and honest about the tradeoffs

CamoCopy is a German-built AI platform that routes your Claude and ChatGPT requests through E.U. infrastructure, under GDPR constraints. The argument is that this makes those interactions legally unusable for training by the upstream providers.

It’s got the full suite: custom assistants (think GPTs), deep research agents, web search, image generation, wide model selection. You can even rent GPU access to run local models through the platform, which is a serious privacy upgrade over cloud-only options.

Again, an account is required, but alias emails work for signup here too.

There’s a caveat worth pointing out: CamoCopy is a wrapper. The 300-million-message leak mentioned at the top of this article happened to a wrapper app. The E.U. routing and no-training policy are better than most, but the surface area is bigger. The privacy promise lives at the policy level. By contrast, Confer’s promise lives at the architectural level. Those are different things.

Ellydee: Great on paper, rocky in practice, good for environmentalists

Ellydee is a Canadian-built assistant that routes requests through 100% renewable energy data centers. Good for the planet, and it’s solid branding.

The privacy policy is aggressive: no prompts stored, no training, no data retained beyond temporary IP logs for security, full account deletion within 24 hours. It has iOS and Android apps, its own model or finetune called Brightside, web search, an image editor, a character creator, and several distinct modes for different writing contexts.

It also has a pretty active community on Reddit which makes it easier to share tips, interact with other enthusiasts, and improve user practices.

Ellydee doesn’t use passwords by default, instead it sends a fresh code to your email each time. In testing, the system sent a new code, then rejected it, effectively forcing us to login through a Google or Apple account to bypass the bug. That’s a frustrating irony for a privacy-first product.

If you’re committed to alias-only, no-OAuth access, it requires patience. The promises are there. The engineering still needs to catch up.

xPrivo: The open-source option for people who want control

xPrivo is open-source, and you can self-host it. That’s the headline.

The free tier includes Mistral 3 and xPrivo’s own model. Paid unlocks Kimi K 2.5 with reasoning, Gemini 3 Pro with and without reasoning, and GPT-5.2. You can add your own API endpoints, which means you can plug in a locally running model and keep everything off their servers entirely. Web search and archive uploads are both supported.

The “experts” feature is a set of domain-specific system prompts for things like legal research, coding, and medical questions. A custom system prompt option gives you full control over AI behavior. A personalization feature shapes how it responds to you generally.

The privacy promise holds strongest when you self-host and connect a local model. Nothing leaves your machine. When you route to Gemini or GPT-5.2 through their API, you’re back to those providers’ data terms. xPrivo is the interface, not the model. The weakest link still applies.

If you know what an API endpoint is and you’re okay setting things up yourself, xPrivo gives you the most flexibility of anything on this list.

Internxt AI: A (way too) simple bet on anonymity

You’ve probably heard of Internxt as a cloud storage provider, which started as a crypto project back when it was cool to start a crypto project. The Spanish company, based in Valencia, has been building GDPR-native, quantum-resistant, end-to-end encrypted infrastructure since 2020. In December 2025, they added an AI chatbot to the stack.

The pitch is simple and it works: no registration required. You open the site and start chatting. No email. No account. No trace linking you to the session.

Internxt claims zero-access encryption and no server-side chat logs—the same architecture philosophy that made their storage product credible. The codebase is open source, and E.U. server jurisdiction applies throughout.

The catch is equally simple: It’s way too basic. So basic it feels like a product built to simply catch some of the AI hype. No web search, no image generation, no model selection, no agents, no file uploads. It’s a clean text box with a privacy-first AI behind it. That’s it.

As a standalone daily driver, it won’t replace anything on this list. But as a tool to spin up an anonymous session when you need one (no account, no footprint), there’s nothing simpler.

Duck.ai (DuckDuckGo): The one normies will actually use

DuckDuckGo has been the default “I don’t want Google tracking me” search engine for over a decade. Duck.ai is what happens when they apply the same logic to chatbots.

The mechanic is called proxying. When you send a message, DuckDuckGo strips your IP address, swaps it with their own, and forwards the request to the underlying model—Claude, GPT-4o, Llama, Mistral, take your pick. The AI provider sees a request from DuckDuckGo, not from you. They also have contractual agreements with all providers requiring deletion of received data within 30 days.

There’s no account required for the free tier and no registration. You open the site and start chatting. Recent chats save locally on your device, not on their servers. There’s a “Fire Button” that wipes everything in one click, which is either practical or extremely satisfying depending on your personality.

The free tier gives you access to Claude 3.5 Haiku, Llama 4 Scout, Mistral Small, and GPT-4o mini. The paid subscription ($10/month, which also includes a VPN and identity theft protection) unlocks GPT-5.1, Claude, Llama 4, Mistral GPT OSS, and even GPT-4o—which is a “yay!” for those who already mourn its deprecation by OpenAI. Image generation is available, and in January 2026 it added voice chat—also proxied and also not retained after the session ends.

There’s one downside: DuckDuckGo is U.S.-based, which means U.S. law applies. The proxying model is solid, but it’s still a policy and contractual arrangement—not an architectural guarantee like Confer’s TEE. You’re trusting that DuckDuckGo and its provider agreements hold up.

That said, for most people who want meaningfully better privacy than ChatGPT but aren’t running a whistleblower operation, Duck.ai is a very easy on-ramp. No setup. No account. Free. And it works.

Who wins for your specific situation

Privacy is a broad term, and all these models can be good enough if you just want some level of confidentiality. However depending on your specific needs, there may be platforms that beat others. Remember: This list is for people who put privacy over anything else. For this group, a dumb AI model with strong anonymity and privacy is more valuable than a ChatGPT membership.

Ideally, you should not depend on a single service. Use different providers depending on your needs. Here are some ideas:

Most people (privacy + sanity): Kagi for search. Lumo for daily assistant work. Simple, trusted, no rabbit holes. Venice for a feature rich ChatGPT substitute with options for creative work. Duck AI if you like the browser.

Privacy freaks: Confer for anything sensitive like sources, legal questions, etc. xPrivo with a self-hosted local model for day-to-day drafting that must not leave your machine. Kagi when you need web retrieval and accept the API call tradeoff.

Ideally, a fully self-hosted AI assistant using oLlama or LMStudio is the best option. You can generate images with Z-images, videos with Wan, reasoning with Deepseek R1 or Minimax, NSFW roleplay with an abliterated (stripped of censorship) LLM and all that offline. For research or online functionality, you can use an MCP server with a local model that supports it, use a system VPN and remain as anonymous as you can be.

Privacy policies are usually just marketing until something goes wrong. The best protection isn’t trusting a good privacy policy. It’s choosing tools where even a misconfiguration or the scariest of the subpoenas can’t expose what was never stored.

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Ripple CEO Highlights XRP’s Solid Performance, Applauds ‘Brilliant’ US Court Ruling

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XRP stands out as the only major cryptocurrency with court-backed U.S. regulatory clarity, fueling institutional adoption and outperforming rivals, Ripple CEO Brad Garlinghouse said as he pushes for broader crypto legislation to unlock industry growth. Ripple CEO Highlights XRP Strength as Legal Victory Unlocks Institutional Capital Ripple CEO Brad Garlinghouse highlighted XRP’s bullish momentum and […]