Tag: Market

Dollar-Pegged Crypto Market Crosses $317B Threshold With $1.24B in Weekly Inflows – Bitcoin News

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Key Takeaways: Sky’s USDS led the top ten gainers with a 9.57% weekly rise, adding over $779 million in inflows. Tether holds 58.04% market dominance at $184 billion, with a full financial audit now planned. The $317 billion stablecoin market processed $508 billion in authentic settlement volume last week. Stablecoin Market Logs Another Week of Inflows The dollar-pegged crypto market is pushing to new levels this weekend, crossing the $317 billion threshold based on data compiled by defillama.com. Tether ( USDT) leads the sector with a 58.04% share, supported by…

Polymarket Pulls Missing US Pilot Market, Faces Questions Over Rules

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Polymarket removed a market tied to the fate of a missing US service member after mounting backlash, saying the listing violated its “integrity standards.” The controversy erupted after a prediction market appeared asking whether US authorities would confirm the rescue of a pilot reportedly shot down over Iran, with most users (over 60%) betting that they wouldn’t be rescued until Saturday. US Representative Seth Moulton condemned the market, calling it “disgusting” and expressing concerns over people speculating on the fate of a potentially injured service member. “They could be your…

ViaBTC Showcases Collateral-Pledged Loan Solutions to Navigate Diverse Market Conditions – Press release Bitcoin News

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PRESS RELEASE. While bull markets can be a golden period for miners, bear markets can be just as unforgiving. It’s not uncommon for crypto miners to incur major losses during periods of market volatility. In a typical bear market cycle, miners face the difficult decision to sell their coins to stay afloat or hold on and risk running out of capital as they try to cover mining costs. However, rather than selling mined cryptocurrencies that could still appreciate as the market recovers, ViaBTC has introduced a new solution to help…

Bitcoin Supply in Profit and Loss Closer to 2022 Bear Market Levels

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The amount of Bitcoin supply in profit and loss is now getting closer to levels typical of a bear market, according to a CryptoQuant analyst. There are currently about 11.2 million Bitcoin (BTC) in profit. The previous bear market recorded 9 million BTC in profit at its lowest point, CryptoQuant analyst “Darkfost” said Thursday.  CryptoQuant data also shows there are about 8.2 million Bitcoin at a loss, with Glassnode data confirming it’s at levels not seen since late 2022.  “This is quite significant, considering that during the last bear market…

Circle targets the wrapped Bitcoin market with cirBTC

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Circle plans to launch its own version of wrapped Bitcoin on the Ethereum network to target institutional markets. Summary Circle plans to launch cirBTC on Ethereum, a 1:1 bitcoin backed wrapped asset targeting institutional markets. Wrapped Bitcoin allows BTC to be used on networks like Ethereum, giving institutions access to decentralized finance applications. In a Thursday announcement, stablecoin issuer Circle said it plans to introduce cirBTC, a token that is backed 1:1 by bitcoin and aimed at over-the-counter desks, market makers, lending protocols, and other institutional participants, framing the asset…

Trump’s $1.5T Defense Budget Push, Iran Warning Send Stocks, Gold, and Bitcoin Lower – Market Updates Bitcoin News

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Oil Hits $111 a Barrel as Trump Speech Crushes April 1 De-escalation Rally Trump delivered the speech on Wednesday evening, warning Iran would be brought “back to the Stone Ages” within two to three weeks. The address erased gains built in the prior session on reports of possible de-escalation and a potential reopening of the Strait of Hormuz. Investors had priced in a quick end to the conflict that began Feb. 28, 2026. That trade unwound real fast. West Texas Intermediate (WTI) crude climbed as high as $111.50 per barrel…

XRP Slides Deeper Into Danger Zone as Market Weakness Accelerates Despite Ripple Strength – Markets and Prices Bitcoin News

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XRP Price Trend Weakens as Bearish Structure Tightens At 12:09 p.m. on April 2, XRP is trading at $1.29, extending its downward trajectory after failing to sustain a recovery above the $1.33–$1.34 region. The asset remains under pressure near the lower boundary of its recent range, with price action continuing to form lower highs and lower lows. Over the past 24 hours, XRP has declined 4.58%, reflecting persistent selling activity and limited bullish conviction as it hovers just above the $1.28 area. From a four-hour chart perspective, XRP’s structure remains…

Crypto VC Paradigm to Launch Prediction Market Terminal

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Crypto-focused venture capital firm Paradigm is reportedly building a prediction markets terminal, joining a wave of Wall Street companies looking for a way to serve the fast-growing sector. Led by Paradigm partner Arjun Balaji, the prediction market offering will cater to professional traders and market makers, Fortune said in a report on Wednesday, citing sources that said they started working on the project in late 2025. Paradigm is also considering rolling out an internal market-making desk — an in-house team that provides liquidity by placing buy and sell orders —…

Bitcoin Price Recovery Slips, Sellers Tighten Grip on Market

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Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price…

Blackrock’s Bitcoin Premium Income ETF Edges Closer to Market as SEC Amendment Reveals BITA Ticker – Featured Bitcoin News

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Blackrock Files Amendment for Bitcoin Income ETF Strategy Blackrock advanced its crypto product lineup by filing an amended registration for a bitcoin-focused income exchange-traded fund (ETF). The world’s largest asset manager filed Amendment No. 1 to Form S-1 on March 31 with the U.S. Securities and Exchange Commission (SEC), outlining the Ishares Bitcoin Premium Income ETF strategy and structure. The filing presents a hybrid model that combines bitcoin exposure with options-based income generation. The filing states: “The shares are listed and traded on Nasdaq under the ticker symbol ‘BITA.’” The…