Tag: News

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,…

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…

Circle Reveals Wrapped Bitcoin Product With Real-Time Onchain Reserve Verification – Crypto News Bitcoin News

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Circle Expands Beyond Stablecoins With cirBTC Wrapped Bitcoin Product The company, best known as the issuer of USDC, posted the announcement on its official X account alongside a dedicated product page. The move marks Circle’s first significant expansion beyond stablecoins into tokenized bitcoin infrastructure. Each cirBTC token will be fully collateralized by native bitcoin held in reserve. Circle says those reserves will be independently verifiable onchain in real time, with no reliance on third-party attestations or opaque custodians. Circle is positioning cirBTC on the same foundational principles it applies to…

W3.io is Building the Digital Rails That Lead Creators to Bitcoin – Interview Bitcoin News

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The creator economy is now a $250 billion industry – and it is still accelerating at four times the rate of U.S. GDP growth. But for most creators, that headline figure remains out of reach. Their deal pipelines live in inboxes, their rates are guesswork, and the administrative burden of running a one-person media business eats the hours they should spend creating. Meanwhile, the infrastructure powering the platforms they depend on has long been dominated by centralized cloud providers charging what the industry has quietly come to call a “cloud…

Coinbase Joins Ripple, Circle With Conditional OCC National Trust Charter Approval – Crypto News Bitcoin News

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Coinbase Moves Closer to Federal Crypto Custody With OCC Approval According to a Bloomberg report, the OCC granted the preliminary green light to Coinbase National Trust Company, which Coinbase filed to establish on Oct. 3, 2025. The application was listed as pending on the OCC’s Digital Assets Licensing Applications page until Thursday’s announcement. The charter is structured as a non-insured national trust company, meaning Coinbase will not take deposits or issue loans. The scope covers custody, staking, and related fiduciary and trust functions for institutional clients. Coinbase said the charter…

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…

CFTC and DOJ Challenge Illinois State Gambling Authority in Federal Court – Regulation Bitcoin News

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U.S. Government Sues Illinois Over Prediction Market Rules, Seeks Permanent Injunction The complaint, filed in the U.S. District Court for the Northern District of Illinois, names Gov. J.B. Pritzker, Attorney General Kwame Raoul, and the Illinois Gaming Board as defendants. Federal officials describe it as the first direct federal preemption lawsuit ever brought by the CFTC against a state over event contract markets. The CFTC argues that under the Commodity Exchange Act, it holds exclusive jurisdiction over swaps and event contracts traded on registered designated contract markets. That authority, the…

Ripple Prime Secures Investment-Grade Credit Rating Backed by $39B Assets – Featured Bitcoin News

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Ripple Prime Earns Investment Grade Rating Amid Rapid Growth Ripple announced on April 2 that Ripple Prime has received investment-grade credit ratings, highlighting the platform’s expanding prime brokerage operations and financial strength. The digital asset and financial infrastructure firm shared on social media platform X that the ratings reflect growth, execution, and increasing institutional demand across its brokerage structure. Ripple stated: “Global credit rating agency Kroll has assigned Ripple Prime an investment grade issuer rating (BBB), reflecting the financial strength, business expansion and disciplined execution of our growing prime brokerage…