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blockonomi.com CFTC and DOJ Sue Illinois Over Prediction Market Crackdown

TLDR The CFTC and the Department of Justice filed a lawsuit against Illinois over its action against prediction markets. Federal regulators argue that the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Illinois sent cease-and-desist letters to platforms including Kalshi, Robinhood, and Crypto.com in 2025. The CFTC claims that event contracts qualify [...] The post CFTC and DOJ Sue Illinois Over Prediction Market Crackdown appeared first on Blockonomi.

blockonomi.com Ethereum Price Prediction: Pepeto Raises Above $8.1M While ETH Drops Below $2,100 and SOL Faces Pressure

Google just warned that quantum computers could crack Bitcoin’s encryption in roughly nine minutes, a finding that rattled the crypto market this week. Ethereum and Solana are both losing ground for different reasons, and the ethereum price prediction shows limited recovery while traders weigh growing risks. The real question is where smart money goes while [...] The post Ethereum Price Prediction: Pepeto Raises Above $8.1M While ETH Drops Below $2,100 and SOL Faces Pressure appeared first on Blockonomi.

cryptopotato.com Why Team Identity Checks Are Becoming the Baseline Before Any New Crypto Investment

The age of anonymous founders in the crypto space is fading fast as investors are no longer impressed by flashy slogans or vague promises of “going to the moon.” Instead, they want to know who’s actually building the project: real names, accountability, and a clear understanding of who’s behind the code and the money. In […]

blockonomi.com Circle Introduces cirBTC Backed by Onchain BTC Reserves

TLDR Circle has introduced cirBTC as a wrapped bitcoin product backed by native BTC reserves. Each cirBTC token will be fully collateralized and verifiable onchain in real time. Circle stated that it will not rely on third-party attestations or opaque custodians. The company will launch cirBTC first on Ethereum and its Arc blockchain. Circle designed [...] The post Circle Introduces cirBTC Backed by Onchain BTC Reserves appeared first on Blockonomi.

news.bitcoin.com Trump’s ‘Stone Age’ Rhetoric Triggers $440M Crypto Wipeout as Bitcoin Slips Below $66,000

Bitcoin fell below $66,000 after Trump’s aggressive rhetoric on Iran, reversing gains from the prior day’s more conciliatory remarks. Analysts warn that bitcoin now acts as a barometer of risk, with $65,500 marked as a critical support level that could unleash cascading liquidations if breached. Market Volatility and Liquidations For the second straight day, President […]

blockonomi.com Elon Musk’s X to Auto-Lock First-Time Crypto Mentions

TLDR Elon Musk’s X will auto-lock accounts that mention cryptocurrency for the first time. The platform will require additional verification before restoring posting access. Head of Product Nikita Bier said the feature aims to remove the incentive behind crypto phishing attacks. The move follows user reports of hijacked accounts promoting scam tokens and fake giveaways. [...] The post Elon Musk’s X to Auto-Lock First-Time Crypto Mentions appeared first on Blockonomi.

blockonomi.com Former CFTC Chair Chris Giancarlo Urges Banks to Back Clarity Act

TLDR Former CFTC Chairman Chris Giancarlo said banks need the Clarity Act more than crypto firms. Giancarlo stated that crypto companies can move offshore and continue building their platforms. He explained that banks cannot relocate abroad and must operate under US regulations. Giancarlo said banks need clear digital asset rules to stay competitive in the [...] The post Former CFTC Chair Chris Giancarlo Urges Banks to Back Clarity Act appeared first on Blockonomi.

news.bitcoin.com Polymarket Brings TradFi Markets to Prediction Trading With Pyth Integration

Polymarket has integrated Pyth Network as the resolution source for a new category of traditional asset markets on its prediction platform, giving traders a data-backed way to speculate on U.S. equities, commodities, and exchange-traded funds (ETFs). Pyth Terminal Goes Live as Polymarket Adds Daily Close Markets for U.S. Stocks The partnership, announced Thursday, covers daily […]

forklog.media Coinbase Secures Conditional Approval for Trust Company in the U.S.

The U.S. Office of the Comptroller of the Currency (OCC) has granted cryptocurrency exchange Coinbase conditional approval to register a national trust company — Coinbase National Trust Company. “This is the result of years of investment in regulatory compliance, engagement with regulators, and convincing them that the right path for cryptocurrencies is through the system, not around it,” stated the trading platform's press release. Exchange representatives clarified that Coinbase is not becoming a commercial bank. The company will not accept retail deposits or engage in fractional reserve banking. The aim of establishing the trust firm is to “ensure uniform federal regulation in the area of asset custody and market infrastructure.” “The OCC's provisions are designed precisely for this purpose — to ensure clear oversight of custodial assets. And that is exactly how we intend to apply them,” emphasized Coinbase. Receiving conditional approval signifies that the exchange is “ready to build the next stage of financial market development.” In practice, the platform will operate under direct federal oversight. Closer interaction with regulators will allow the company to align its future activities in digital asset custody and lay the groundwork for new products, including crypto payments. The approval comes amid active discussions of the CLARITY Act cryptocurrency legislation in Washington, in which Coinbase itself is participating. Currently, the document is “stalled” in the Senate due to disputes regarding the prohibition on earning income from holding stablecoins. Back in December 2025, the OCC permitted national banks and federal savings associations to act as intermediaries in cryptocurrency transactions.

blockonomi.com $1B Ethereum Derivatives Sell-Off Follows Trump Remarks

TLDR Ethereum derivatives recorded more than $1 billion in sell volume within one hour after Trump’s speech on Iran. Ethereum’s price fell over 4% as traders increased short positions in the derivatives market. Binance accounted for nearly $968 million of the total Ethereum derivatives sell activity. The S&P 500 lost about $500 billion in market [...] The post $1B Ethereum Derivatives Sell-Off Follows Trump Remarks appeared first on Blockonomi.

blockonomi.com Ripple Completes 700M XRP Escrow Lock for April

TLDR Ripple re-locked 700 million XRP into its escrow account on April 1, 2026. The company returned the tokens in two transactions of 500 million and 200 million XRP. Ripple retained 300 million XRP, increasing the circulating supply. On-chain data showed 33.344 billion XRP remained in escrow after the update. XRP price fell by more [...] The post Ripple Completes 700M XRP Escrow Lock for April appeared first on Blockonomi.

bitcoinist.com Bitcoin Under Pressure As Selling Pressure Refuses To Ease In Sideways Market Conditions

For the past few days, the price of Bitcoin has been hovering between the $70,000 and $64,000 range, with no definite trajectory within the period. Despite the lack of direction in price, selling activity has continued across the market, effectively putting robust pressure on the leading cryptocurrency asset. Persistent Selling Activity Weighs on Bitcoin While […]

blockonomi.com CFTC and DOJ Sue Illinois Over Prediction Market Crackdown

TLDR The CFTC and the Department of Justice filed a lawsuit against Illinois over its action against prediction markets. Federal regulators argue that the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Illinois sent cease-and-desist letters to platforms including Kalshi, Robinhood, and Crypto.com in 2025. The CFTC claims that event contracts qualify [...] The post CFTC and DOJ Sue Illinois Over Prediction Market Crackdown appeared first on Blockonomi.

blockonomi.com Top 3 Magnificent 7 Stocks to Buy: Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN) Lead the Pack

Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN) lead the Magnificent 7 stocks with AI growth, cloud strength, and compelling valuations for 2025. The post Top 3 Magnificent 7 Stocks to Buy: Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN) Lead the Pack appeared first on Blockonomi.

blockonomi.com Arthur Hayes Reacts as Drift Hack Hits Solana

TLDR Arthur Hayes questioned whether native multisig wallets on Solana could have prevented the Drift Protocol hack. Early investigations showed that attackers compromised administrative access rather than exploiting smart contract code. Solana leaders stated that human weaknesses and operational security gaps enabled the breach. Drift Protocol froze all functions and removed the compromised wallet from [...] The post Arthur Hayes Reacts as Drift Hack Hits Solana appeared first on Blockonomi.

blockonomi.com IMF Report Calls Stablecoins Weak Point in Tokenization

TLDR The IMF states that tokenization replaces core financial architecture rather than improving existing systems. The report identifies stablecoins as the weakest link within the tokenized financial structure. Stablecoin transaction volume reached $1.8 trillion per month by early 2026. The IMF says 97% of stablecoins are denominated in U.S. dollars. The report warns that stablecoins [...] The post IMF Report Calls Stablecoins Weak Point in Tokenization appeared first on Blockonomi.

news.bitcoin.com CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction Markets

Federal authorities have launched a coordinated legal offensive to cement control over prediction markets, challenging state interventions and raising the stakes for how event contracts are governed across U.S. derivatives markets. 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 […]

blockonomi.com Ripple Prime Wins BBB Grade as Kroll Notes Backing

TLDR Kroll assigned Ripple Prime a BBB issuer rating, placing it at the lowest investment-grade tier. The agency cited strong financial backing from Ripple Labs as a key credit strength. Ripple Prime became profitable in 2025 after significant capital support from its parent company. Kroll noted that revenue remains concentrated in derivatives clearing and short-term [...] The post Ripple Prime Wins BBB Grade as Kroll Notes Backing appeared first on Blockonomi.

blockonomi.com MSTR Stock Keeps Falling as MSTY’s Huge Yield Sparks a New Debate

TLDR MSTR stock remains under pressure as Bitcoin continues trading in a tight range. Strategy faces added risk because its share count keeps rising through continued dilution. The company’s net asset value has dropped below 1, removing a key support for the stock. MSTY has gained attention because it offers an unusually high yield tied [...] The post MSTR Stock Keeps Falling as MSTY’s Huge Yield Sparks a New Debate appeared first on Blockonomi.

bitcoinist.com XRP Makes History Again With ZK Privacy Transactions, Here’s The Update

Crypto pundit Pumpius has drawn attention to the launch of ZK privacy transactions on the XRP Ledger. He noted that this is a historic moment for the network and XRP, as the altcoin gains new utility.  XRP Makes History With ZK Privacy Transactions  In an X post, Pumpius stated that history has been made with […]

news.bitcoin.com Circle Reveals Wrapped Bitcoin Product With Real-Time Onchain Reserve Verification

Circle announced cirBTC, a new wrapped bitcoin token backed 1:1 by native BTC, designed to give institutional users verifiable, onchain exposure to bitcoin across decentralized finance ( DeFi) and traditional finance (TradFi). Circle Expands Beyond Stablecoins With cirBTC Wrapped Bitcoin Product The company, best known as the issuer of USDC, posted the announcement on its […]

news.bitcoin.com From Inbox to Income: W3.io is Building the Digital Rails That Lead Creators to Bitcoin

A roundtable with Porter Stowell (CEO, W3.io), Audie Sheridan (CTO, W3.io), Brian Freeman (CEO, Creatorland), and Giancarlo Roma (Senior Business Development Associate, Ava Labs) 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 […]

cryptopotato.com Beyond the Term Sheet: What Founders Should Expect from Crypto Venture Funds in 2026

Raising capital is often treated as the finish line. The 2026 reality is that, for crypto teams, it is the starting point. Funding matters, of course, as it gives a project the resources to hire, build, and grow. But in crypto, capital alone rarely creates momentum. Markets move fast, product cycles are compressed, communities form […]

blockmanity.com SoFi’s Big Business Banking Launch: Merging Crypto and Fiat for Modern Enterprises

Introduction: A New Era for Business Finance Businesses today need to move fast. They operate around the clock in a global market. Traditional banks often stick to old hours, like 9 to 5, Monday to Friday. But SoFi is changing […] The post SoFi’s Big Business Banking Launch: Merging Crypto and Fiat for Modern Enterprises appeared first on Blockmanity.

blockmanity.com Why Companies Are Dumping Bitcoin Treasuries in the Market Slump

Why Companies Are Dumping in the Market Slump In the volatile world of crypto, a big shift is happening. After years of stacking up , many businesses are now selling off their holdings. This comes as Bitcoin prices drop and […] The post Why Companies Are Dumping Bitcoin Treasuries in the Market Slump appeared first on Blockmanity.

forklog.media Bitcoin Holds Steady at $67,000 Amid Iranian Uncertainty

On April 2, Bitcoin dipped below $67,000 following a controversial statement by U.S. President Donald Trump regarding the Middle East conflict. 15-minute BTC/USDT chart from Binance. Source: TradingView. Earlier, Trump stated in a televised address that the war with Iran was "close to ending." However, he also promised to deliver an "extremely strong" blow within three to four weeks that would "send the country back to the Stone Age." Following the statement, all markets, including the S&P; 500, Nasdaq, gold, and cryptocurrencies, declined. Only oil showed an increase. At one point, Bitcoin fell to $65,700. The situation stabilized by Thursday evening when reports emerged about Iran and Oman developing a protocol to monitor movement in the Strait of Hormuz. "These requirements will not mean restrictions but are intended to facilitate and ensure safe passage and provide better services to ships on this route," said Iran's Deputy Minister of Justice and International Affairs Kazem Gharibabadi. The news "invigorated" investors, allowing some of the recent losses to be recovered. At the time of writing, Bitcoin is trading around $66,800, having lost 3% over the day. Similar to 2022 An analyst known as Ali noted that from the October 2025 peak at $126,000, Bitcoin has corrected by 52%. Following the October 2025 peak, Bitcoin $BTC has already seen a 52% correction. On February 27, 2026, we saw the 3-day SMA cross once again. As of today, we are exactly 30 days into this signal.If history "rhymes," we are likely entering the Final Accumulation Window of this… https://t.co/NB4vtVMaFx pic.twitter.com/gMn1MxjzKK— Ali Charts (@alicharts) April 1, 2026 According to his observations, on February 27, 2026, the 50- and 200-day moving averages crossed on Bitcoin's three-day chart. April 1 marked exactly 30 days since the signal was triggered. "If the trend repeats, we are likely to enter the final accumulation window of this cycle within the next three to six days," Ali believes. The situation could lead to another deep drop of 50% from current levels—approximately to $30,000. An analyst known as Ardi pointed out the high concentration of long positions in Bitcoin with liquidation around $63,000. Currently, the price is "extremely" close to this zone. Now that is a heavy long-liquidation node waiting to get taken on $BTC.Look how close it is to price. Yes, it has been acting as support, but the problem is that the more times support gets used, the weaker it usually becomes.At some point, the market stops bouncing from it… pic.twitter.com/UDhe2eJDh9— Ardi (@ArdiNSC) April 2, 2026 "Yes, this level acts as support, but the problem is that the more often support is used, the weaker it becomes. At some point, the market stops bouncing and starts breaking through. If this liquidity cluster collapses, I would not expect a slow decline. I would expect a sharp liquidation," he added. According to CryptoQuant analyst Axel Adler Jr., the structure of the Fear and Greed Index shows similarities to 2022, recording equally low values around 10-15%. Meanwhile, the 365-day moving average of the indicator "is still too high for a full bear market reset." Source: X. Alphractal Director Zhao Wedson noted that transaction fees on the Bitcoin network have also fallen to 2022 lows and one of the lowest levels in the past six years. Source: X. According to him, historically weak on-chain demand often precedes a period of increased volatility. "A moment of extremely dull market dynamics. Let's just break out of this range [$60,000-70,000], and Bitcoin will become much more interesting again," concluded MN Trading founder Michaël van de Poppe. As reported, major holders have shifted from accumulating the leading cryptocurrency to distributing it, and this trend is considered long-term by CryptoQuant.

bitcoinist.com Bitcoin Can’t Be Stopped: Seasoned Industry Analysts Share Shocking Revelation

Experts have gathered on the popular YouTube channel, The Wolf of All Streets, to examine Bitcoin (BTC) and rising global uncertainty. Bloomberg Senior Commodities Strategist Mike McGlone joined former CoinRoutes CEO Dave Weisberger and macro strategist James Lavish for a detailed discussion. They explored ongoing debt pressures in the US, money printing, oil risks, and […]

news.bitcoin.com Coinbase Joins Ripple, Circle With Conditional OCC National Trust Charter Approval

Coinbase has received conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust company charter, the company announced Thursday. 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 […]

bitcoinmagazine.com Coinbase Receives Conditional OCC Approval to Form National Trust Company

Bitcoin Magazine Coinbase Receives Conditional OCC Approval to Form National Trust Company Coinbase has received conditional approval from the OCC to establish Coinbase National Trust Company, according to a company statement.  This post Coinbase Receives Conditional OCC Approval to Form National Trust Company first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

news.bitcoin.com XRP Slides Deeper Into Danger Zone as Market Weakness Accelerates Despite Ripple Strength

XRP slides deeper into bearish territory as selling pressure builds and key support levels weaken, reinforcing a sustained downtrend and fragile market structure, while Ripple advances institutional growth and enterprise adoption, underscoring longer-term ecosystem resilience. XRP Price Trend Weakens as Bearish Structure Tightens At 12:09 p.m. on April 2, XRP is trading at $1.29, extending […]

bitcoinmagazine.com Wall Street Firms and Crypto Companies to Review New Market Structure Proposal in Private Sessions

Bitcoin Magazine Wall Street Firms and Crypto Companies to Review New Market Structure Proposal in Private Sessions Crypto and banking industry representatives will review a revised stablecoin yield proposal this week as lawmakers try to resolve a months-long dispute over whether stablecoin issuers should be allowed to offer yield. This post Wall Street Firms and Crypto Companies to Review New Market Structure Proposal in Private Sessions first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Rakebit Unveils Massive Loyalty Overhaul: New Players Get Zero House Edge on First $1,000

Rakebit just dropped what might be its most significant update ever, and it fundamentally changes the math for anyone stepping into the crypto casino for the first time. The Loyalty Leveling System v2 is now live, bringing with it an expanded progression structure, accelerated rewards, and a welcome offer that sounds too generous to be [...] The post Rakebit Unveils Massive Loyalty Overhaul: New Players Get Zero House Edge on First $1,000 appeared first on Blockonomi.

news.bitcoin.com Prediction Market Showdown: CFTC and DOJ Challenge Illinois State Gambling Authority in Federal Court

The U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) filed a federal lawsuit against Illinois on April 2, 2026, seeking to permanently block the state from enforcing its gambling laws against federally regulated prediction market platforms. U.S. Government Sues Illinois Over Prediction Market Rules, Seeks Permanent Injunction The complaint, filed in […]

bitcoinmagazine.com LNVPN Rebrands to Nadanada.me as Privacy Infrastructure Expands with Anonymous eSIMs and Lightning Payments

Bitcoin Magazine LNVPN Rebrands to Nadanada.me as Privacy Infrastructure Expands with Anonymous eSIMs and Lightning Payments Nadanada.me, formerly LNVPN, now offers anonymous eSIM data plans in over 200 countries, disposable and rental phone numbers, WireGuard VPN, and no-login AI chat — all powered by Lightning Network pay-as-you-go access with zero user data collection. This post LNVPN Rebrands to Nadanada.me as Privacy Infrastructure Expands with Anonymous eSIMs and Lightning Payments first appeared on Bitcoin Magazine and is written by Juan Galt.

bitcoinist.com Ripple Prime’s Inaugural BBB Rating Explained — What Drove Kroll’s Decision

Global credit rating agency Kroll has assigned an inaugural investment‑grade issuer rating of BBB to Ripple Prime, marking a notable endorsement from a traditional credit agency for a firm rooted in the crypto sector.  Ripple Prime was formed after Ripple acquired Hidden Road for around $1.2 billion late last year and operates as the clearing […]

blockonomi.com Stake.com Alternatives Are Trending — Is ZunaBet Gaining Ground?

The short answer is yes. The longer answer explains why it matters. Throughout 2026, search interest in Stake.com alternatives has been building in a way that suggests something more than casual curiosity. Players are researching, comparing, and making moves. Stake.com is not shrinking — it continues to operate as one of the largest crypto gambling [...] The post Stake.com Alternatives Are Trending — Is ZunaBet Gaining Ground? appeared first on Blockonomi.

news.bitcoin.com Ripple Prime Secures Investment-Grade Credit Rating Backed by $39B Assets

Investment-grade credit ratings now position Ripple Prime among credible institutional brokerage players, as surging assets, strengthening profitability, and rising demand underscore its expanding role across digital and traditional financial markets. 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 […]