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Friday, April 17, 2026

Bitcoin under the microscope of conspiracy theories: was it designed by the CIA?

Controversial claims are resurfacing in crypto circles by a Chinese professor claiming that… Bitcoin It was designed by the US Central Intelligence Agency (CIA) as a financial surveillance tool, at a time when Bitcoin was fighting for a decisive price breakout. Professor Jiang’s theory is not new, but its renewed momentum in the era of exchange-traded funds (ETFs) and institutional accumulation carries a certain irony that even die-hard Bitcoin supporters cannot ignore.

Jiang’s basic argument is that identity Satoshi Nakamoto The unknowns, the structure of dollar-denominated prices and the emergence of Bitcoin after the 2008 financial crisis are all factors designed by Washington to serve its geopolitical interests. According to Jiang, Bitcoin gives Washington a mechanism to track global capital flows while maintaining plausible deniability.

To date, there is no reliable evidence to support this claim, and Bitcoin’s “cypherpunk” origins are widely documented. However, the theory is spreading precisely because Bitcoin’s creator remains anonymous, a gap in which conspiracy narratives thrive. Meanwhile, BTC price posted weekly gains of 4% above the $72,000 level following the US-Iran ceasefire announcement, with a rebound in ETF flows and a cautious return of institutional appetite.

Whether or not you believe in the CIA theory (a theory that most analysts vehemently reject), the most pressing question for traders now is what will happen to the price of Bitcoin in the next 72 hours and whether the current volatility will end in a bullish breakout or whether the momentum will fade.

Bitcoin and the expected $80,000 level

Bitcoin is currently consolidating below the $75,000 level, maintaining its hold above the support range between $71,000 and $72,000, which has served as a solid floor during previous geopolitical swings. Yesterday’s high of $76,000 represents immediate resistance levels.

However, the technical picture is mixed; The Relative Strength Index (RSI) is stabilizing at 62, which is a neutral zone close to an overbought condition. But 20 out of 32 technical indicators are currently giving bearish signals on the daily and weekly time frames, indicating that the rally lacks overall conviction. Alexander Kubtsikevich describes the current trend as “slow but steady growth,” which is not a strong endorsement of aggressive long positions.

Bitcoin Hyper is not an intelligence surveillance tool

Whether or not there is a CIA connection, Bitcoin’s asymmetric bullish window is widely considered. This is not to downplay BTC’s long-term thesis, it’s just math.

This is why some traders have started directing their first investments towards infrastructure projects poised to benefit from Bitcoin’s growth rather than trying to replicate it. The Bitcoin Hyper ($HYPER) project is a project that is attracting a lot of attention, and for good reasons.

The project is the first layer 2 of Bitcoin to integrate the Solana Virtual Machine (SVM), offering transaction speeds claimed to surpass Solana itself while inheriting Bitcoin’s security layer. This is a bold technical claim that the market is already responding to.

The pre-sale managed to collect $32 million The current price of the token is $0.0136with huge store bonuses available for participants who commit early. This pre-sale stage received widespread media coverage as Bitcoin’s layer 2 infrastructure becomes a major priority in 2026.

Features include a decentralized bridge for BTC transfer, low-latency smart contract execution, support for payments, meme currencies, and decentralized applications (dApps), providing Bitcoin with programmability that was not available natively.

The post Bitcoin under the microscope of conspiracy theories: was it designed by the CIA? appeared first on Cryptonews Arabic.

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