Day: April 2, 2026

Polymarket Introduces Equity and Commodity Markets Powered by Pyth

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Polymarket has added markets tied to equities, commodities and exchange-traded funds, using price data from blockchain oracle provider Pyth Network as the resolution source to determine outcomes for daily contracts. The new markets include daily up-or-down and closing price contracts for major equity indexes, commodities such as gold and oil, and a range of US-listed stocks, with outcomes settled automatically based on Pyth’s real-time price feeds. The contracts reset at the end of each trading session. According to the announcement, the offering includes more than a dozen US-listed stocks, including…

CFTC Sues 3 US States, Claims Sole Authority Over Prediction Markets

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The Trump administration is suing Illinois, Connecticut, Arizona, and their gaming regulators over the federal government’s right to regulate prediction markets. The Commodity Futures Trading Commission (CFTC) and the US Department of Justice filed separate lawsuits on Thursday against the three states. In 2025, those states and their gaming regulators sent cease and desist letters to prediction platforms, including Kalshi and Polymarket, claiming that the event contracts offered by the platforms violated state gambling laws and licensing requirements. The federal financial regulator’s lawsuit against Illinois Governor JB Pritzker, Attorney General…

X Mulls New Rules for First-Time Crypto Posts Amid Tortoise Scam

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Social media platform X is considering implementing new rules for first-time user posts about crypto in an effort to crack down on scammers using phishing attacks to gain access to accounts. Nikita Bier, the head of product at the platform formerly known as Twitter, made the announcement on Wednesday amid reports that a scammer pretending to be a veterinarian previously responsible for the health of a 193-year-old tortoise named “Jonathan” conned social media users into buying crypto before the truth was revealed. Bier said that X could auto-lock accounts mentioning…

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Trump’s ‘Stone Age’ Rhetoric Triggers $440M Crypto Wipeout as Bitcoin Slips Below $66,000 – Markets and Prices Bitcoin News

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Market Volatility and Liquidations For the second straight day, President Donald Trump’s shifting rhetoric on the U.S.-Iran conflict served as a primary market catalyst, this time dismantling bitcoin’s gains and dragging the asset below the $66,000 threshold. While his commentary 24 hours earlier sparked a bullish surge past $69,000, his more aggressive stance on Wednesday effectively doused hopes for a swift diplomatic resolution, triggering a sharp reversal in investor sentiment. As shown by market data, bitcoin briefly dipped to $65,696 following Trump’s threat to return Iran to the Stone Age,…

Bitcoin Price Headed To $120,000? Why This analyst Thinks It’s A Good Time To Buy

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Crypto analyst Minga has predicted that the Bitcoin price could rally past $120,000 to a new all-time high (ATH) of $190,000 in the next bull cycle. The analyst also indicated that now is a good time to buy as BTC approaches a bottom.  Analyst Gives Buy Signal as Bitcoin Price Approaches Bottom In an X post, Minga said that the Bitcoin price is approaching a macro bottom and that this is the phase of the cycle where every dip becomes an opportunity to buy and accumulate long-term holdings. The analyst…

Polymarket Brings TradFi Markets to Prediction Trading With Pyth Integration – Bitcoin News

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Pyth Terminal Goes Live as Polymarket Adds Daily Close Markets for U.S. Stocks The partnership, announced Thursday, covers daily up/down and daily close markets for major equity indices alongside commodities including gold, silver, WTI crude, and natural gas. More than a dozen single-name U.S. stocks are included at launch, among them Tesla, Coinbase, Palantir, Nvidia, and Apple. Polymarket is widely regarded as the largest prediction market in the world by volume. The platform now uses Pyth price data to settle outcomes on these new markets, a function where data accuracy…

Ether Risks $1.7K Retest As Traders Fail To Overcome Key Resistance Zone

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Ether (ETH) price may be at risk of a correction to new year-to-date lows, especially if the bulls fail to secure daily candle closes above the $2,150 to $2,400 range. Ether’s price action continues to be driven by US and global macroeconomic events, along with investors’ appetite for risk assets during the US and Israel-Iran war. As data shows more than $1 billion in futures-driven sell pressure, the chance of Ether falling below $1,800 rises. Ether’s main challenge sits at $2,400 Repeat rejections near $2,150 continue to cap Ether rallies,…

CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction Markets – Regulation Bitcoin News

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CFTC-DOJ Lawsuits Target State Control Over Prediction Markets Authority The Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, and the Department of Justice (DOJ) filed lawsuits on April 2 against three states targeting prediction markets. The agencies challenged Arizona, Connecticut, and Illinois, aiming to reaffirm exclusive federal jurisdiction over designated contract markets offering event contracts. CFTC Chairman Michael S. Selig shared on social media platform X, emphasizing federal authority and recent enforcement action: “The CFTC has clear and longstanding exclusive jurisdiction to regulate prediction markets. But recently, state regulators…