A Chinese professor’s incendiary claim that Bitcoin was engineered by the CIA as a financial surveillance tool is resurfacing across crypto circles, just as BTC is fighting for a decisive breakout. Professor Jiang’s theory isn’t new, but its renewed traction in an era of spot ETF approvals and institutional accumulation carries a certain irony that even Bitcoin maximalists can’t fully dismiss. Jiang’s core argument: Satoshi Nakamoto’s anonymity, the dollar-denominated pricing structure, and Bitcoin’s emergence post-2008 financial crisis were all engineered to serve U.S. geopolitical interests. According to Jiang, Bitcoin is giving Washington a mechanism to track global capital flows while maintaining plausible deniability. Professor Jiang Xueqin claims bitcoin was created by the CIA. "Why would you spend years, possibly decades, in your basement creating a new technology and then just give it for free to the world? That makes no sense." "When you do game theory analysis, you look at all… pic.twitter.com/uLtRVpkj0t — TFTC (@TFTC21) April 15, 2026 For now, no credible evidence supports the claim, and the cypherpunk origins of Bitcoin are extensively documented. Still, the theory spreads precisely because Bitcoin’s creator remains unidentified. That’s a gap conspiracy narratives thrive in. Meanwhile, BTC has posted a 4% weekly gain above $72,000 following a U.S.-Iran ceasefire announcement , with spot ETF inflows rebounding and institutional appetite cautiously returning. Whether or not you believe the CIA theory (most analysts emphatically don’t), the more pressing question for traders right now is what happens to Bitcoin’s price in the next 72 hours — and whether the current consolidation resolves upward or fades. Discover: The best crypto to diversify your portfolio with Bitcoin and $80K Level to Break Bitcoin is consolidating just below $75,000, holding above the $71,000–$72,000 support band that served as a floor during earlier geopolitical volatility. Yesterday’s high of $76,000 represents immediate resistance. BTC USD, TradingView The technical picture is mixed, though. RSI sits at 62, a neutral territory, approaching overbought. But 20 of 32 technical indicators currently read bearish on daily and weekly timeframes, a signal that the rally lacks broad conviction. Alexander Kuptsikevich characterizes the current move as “slow but steady growth,” in not a ringing endorsement for aggressive longs. Discover: The best pre-launch token sales Bitcoin Hyper Is Not a CIA Surveillance Instrument CIA or not, Bitcoin’s asymmetric upside window is largely priced in. That’s not a knock on BTC’s long-term thesis. It’s just arithmetic. This is why some traders are rotating early-stage exposure toward infrastructure plays positioned to benefit from Bitcoin’s growth rather than replicate it. Bitcoin Hyper ($HYPER) is one project drawing significant attention, and not without reason. It’s the first Bitcoin Layer 2 integrating the Solana Virtual Machine (SVM), delivering transaction speeds that reportedly surpass Solana itself while inheriting Bitcoin’s security layer. That’s a technically aggressive claim, and the market is responding. The presale has raised $32 million at a current token price of $0.0136 , with huge staking rewards available for participants who commit early. The presale milestone has already drawn wider coverage as BTC Layer 2 infrastructure becomes a key narrative heading into 2026. Features include a Decentralized Canonical Bridge for BTC transfers, low-latency smart contract execution, and support for payments, meme coins, and dApps, essentially the programmability Bitcoin has never natively offered. Research Bitcoin Hyper here. The post Bitcoin is CIA Operation: Professor Jiang Believes appeared first on Cryptonews .
