Tag: Markets

Outflows Return for Bitcoin ETFs With $174 Million Exit – Markets and Prices Bitcoin News

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Ether Sees Renewed Selling as Bitcoin ETFs Lose $174 Million The early-week rebound for crypto ETFs did not last long. After two days of steady inflows, crypto ETFs turned lower again, a reminder of how fragile sentiment remains. Bitcoin ETFs posted a sharp $173.73 million in net outflows, erasing much of the week’s earlier gains. The selling was concentrated in key funds. Blackrock’s IBIT led with an $86.52 million exit, closely followed by Fidelity’s FBTC at $78.64 million. Additional pressure came from Grayscale’s GBTC, which saw $13.26 million in outflows,…

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…

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,…

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…

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…

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…

DeFi Is Optimizing For gas, Not For Markets

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Opinion by: João Garcia, DevReal lead at Cartesi.Decentralized finance presents itself as a transparent alternative to Wall Street. Yet, what it has largely reconstructed is a simplified version of finance, engineered less around market resilience than around the constraints of gas fees. That trade-off, once treated as a technical footnote, is increasingly shaping the limits of what DeFi can become. So long as computational minimalism remains the overriding priority, financial robustness will remain secondary, and periods of market stress will continue to expose that imbalance. When markets move faster than…

Bitcoin’s Price Drifts Below Key Levels as Sellers Keep Pressure – Markets and Prices Bitcoin News

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Bitcoin Chart Outlook On the daily chart, bitcoin is consolidating inside a longer-term downtrend. Price has failed to reclaim resistance near $69,000 and remains below the levels that would need to change for buyers to shift the trend. Each recovery attempt has produced a lower high. The range between $65,900 and $69,000 is tightening. Volume is heavier on down moves than on recoveries, which tells you sellers are still in control even when the price action looks quiet. BTC/USD 1-day chart via Bitstamp on April 2, 2026. The four-hour bitcoin…

Bitcoin ETFs Extend Inflows With $118 Million as Ether Adds $31 Million – Markets and Prices Bitcoin News

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Second Straight Day of Strong Inflows for Bitcoin and Ether ETFs Momentum is building again. Not explosively, but steadily enough to shift the tone. Bitcoin ETFs recorded a second straight day of inflows, pulling in $117.63 million and reinforcing the week’s early recovery. This time, the leadership was clear. Blackrock’s IBIT returned to the forefront with a commanding $98.42 million inflow, reasserting its role as the market’s primary driver. Fidelity’s FBTC followed with a solid $16.24 million addition. Smaller, yet notable, inflows were seen in Bitwise’s BITB at $1.84 million…