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Polymarket Replaces Bridged USDC with USDC-Backed Token

Prediction platform Polymarket is overhauling its exchange infrastructure in the coming weeks, introducing a new collateral token and upgraded trading system that give the platform greater control over settlement and risk as it moves toward closer alignment with US regulatory expectations. In an announcement on Monday, Polymarket said it will deploy new exchange contracts —

Strategy’s Buying Could Push Bitcoin Toward $110K

Bitcoin (BTC) is trading within a bear flag pattern that projects a breakdown toward the sub-$50,000 area, or roughly 30% below current levels. However, Michael Saylor’s Strategy could spoil the bears’ plans. BTC/USD three-day price chart. Source: TradingView Key takeaways: Bitcoin has avoided a bear flag breakdown for weeks as Strategy keeps buying BTC. The

Appeals Court Limits New Jersey Enforcement Against Kalshi

A US appellate court has ruled against New Jersey gaming authorities for bringing an enforcement action against prediction market platform Kalshi over sports event contracts.  In a Monday-issued opinion, a panel of judges in the US Court of Appeals for the Third Circuit ruled 2-1 in favor of Kalshi’s argument that the company had a

Dimon Warns Blockchain Rivals as JPMorgan’s Kinexys Scales

JPMorgan CEO Jamie Dimon said “new technologies” are intensifying competition across the financial sector, with blockchain-based players emerging alongside traditional rivals. In his annual shareholder letter on Monday, Dimon identified artificial intelligence, data and advanced technology as “key to the future,” signaling a shift toward more automated, data-driven financial services. While blockchain and digital assets

Hagerty Sees April Deal for U.S. Crypto Market Bill

US Senate Banking Committee member Bill Hagerty said Monday that he expects a potential path for a digital asset market structure bill in the coming weeks after months of delays in Congress. Speaking at the Digital Assets and Emerging Tech Policy Summit at Vanderbilt University, he said his fellow Republican lawmakers planned to move the

How Trump’s Iran Deadline Could Spark a $75K Bitcoin Rally

Key takeaways: Trump’s Tuesday deadline to Iran creates a pivotal moment for Bitcoin as it continues to decouple from gold. While a ceasefire could boost equities, Bitcoin’s $75,000 path depends on its role as a hedge against fiscal instability. BTC may benefit from (no) US-Iran ceasefire There is a high probability that US President Donald

Bernstein Sees Upside in Figure as Loan Originations and Tokenization Rise

Figure Technology Solutions, a blockchain-based lending platform that went public last year, may be undervalued at current levels as loan originations accelerate and its tokenized credit marketplace scales, according to Bernstein analysts. In a report published Monday, Bernstein assigned Figure an “Outperform” rating and a $67 price target — nearly double the stock’s recent trading

Profit-Takers Keep Bitcoin Below $70,000

Bitcoin (BTC) coiled below $70,000 at Monday’s Wall Street open as analysis blamed profit-taking for price inertia. Key points: Bitcoin and stocks wobble as the US trading session begins amid nerves over the US-Iran war outcome. Profit-taking activity is keeping BTC price action away from a $70,000 reclaim, says research. A trader says $71,000 will

Price Outlook: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA

Key points: Bitcoin rose above the $70,000 level on Monday, but analysts remain skeptical, expecting a drop below the $60,000 support. Several major altcoins have bounced off their supports, indicating demand at lower levels. Buyers pushed Bitcoin (BTC) above the $70,000 level, but failed to sustain the breakout. That suggests the bears have not given

Strategy Buys 4,871 BTC, Logs $14.5B Unrealized Loss

Michael Saylor’s Strategy, the world’s largest publicly listed holder of Bitcoin, resumed buying BTC last week after reporting no purchases in the final week of March. Strategy acquired 4,871 Bitcoin (BTC) for $329.9 million last week, according to an 8-K filing with the US Securities and Exchange Commission on Monday. The purchases were made at
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