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Polymarket said it expects to roll out a new 1:1 USDC-backed collateral token in the coming weeks as part of a broader overhaul of its trading platform, according to a post on X.The upgrade, described by the company as a “full exchange upgrade,” includes a rebuilt trading engine, updated smart contracts and a new collateral token called Polymarket USD. The token will replace USDC.e, a bridged version of Circle’s USDC stablecoin that originates on Ethereum (ETH) and is wrapped for use on other chains.USDC.e acts as a stand-in for native USDC but relies on bridge infrastructure, which can introduce added…
Crypto analyst LP has declared that Bitcoin hasn’t seen a true bottoming formation yet, despite the price looking to form strong support at current levels. This comes as BTC looks to reclaim the psychological $70,000 amid talks of a ceasefire between the U.S. and Iran. Bitcoin Is Still At Risk As The Price Is Yet To Form A Bottom In an X post, LP stated that Bitcoin hasn’t shown a true bottoming formation and suggested that the leading crypto isn’t yet close to a bottom. He alluded to previous bear cycles, noting that bottoms were formed after multiple sweeps of…
April 6th, 2026 – Ontario, Canada CoinRabbit Cuts Crypto Lending Rates CoinRabbit has lowered crypto lending rates, which now start at 11.95%. The platform offers a range of liquidation LTV options, from a standard market setup at 80% to a more conservative risk management approach at 90–95%. This is one of the most competitive offers in the CeFi lending space, in terms of interest rates and loan terms. What Reduced Crypto Lending Rates Actually Mean CoinRabbit announces a reduction in crypto lending rates across XRP loans and more than 300 other assets, showing its dedication to offering practical tools for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Oil prices were already pushing higher when Bitcoin caught a sudden jolt. Crude climbed to about $112 a barrel on Monday morning after the Middle East war and the Strait of Hormuz shutdown added new pressure to energy markets, while one market watcher warned that if prices stay near that level for weeks, US inflation could edge up again. Oil Market Pressure Builds US President Donald Trump added to the tension with a new warning for Iran. In a post on Truth Social, he said Iran would…
Evernorth now holds over 473 million XRP, accounting for nearly 0.5% of the total XRP supply. The company is going public through a SPAC merger, aiming to raise over $1 billion for XRP treasury expansion. Evernorth has become one of the largest corporate XRP holders, steadily building its position in the Ripple ecosystem. Evernorth has emerged as a major corporate holder of XRP, drawing attention across the crypto market. Recent reports show the company has accumulated more than 473 million XRP tokens. This amount equals nearly 0.5% of the total XRP supply. As a result, Evernorth is now seen as…
An appeals court ruled Monday that New Jersey could not temporarily ban prediction market provider Kalshi, giving the platform a much-needed win against an onslaught of state enforcement actions.A Third Circuit Court of Appeals panel ruled in a 2-1 vote that the state could not bring an enforcement action against Kalshi because the company’s products are subject to the federal Commodity Exchange Act, rather than New Jersey state gambling laws.”Kalshi began offering sports-related event contracts on its DCM exchange,” the majority ruling said. “Kalshi self-certified compliance with the applicable laws and regulations, so those event contracts were presumptively approved under…
The Bitcoin price has surged back above $69,000 after experiencing a major decline last week. While the price appears to be rebounding from the downtrend, a market analyst has warned that the BTC could still face another price crash. After projecting its decline from above $100,000, the analyst now forecasts a price plunge to $29,000, likely marking Bitcoin’s final bottom. Bitcoin Price Faces Possible Crash To $29,000 Market expert LavaXBT has shared two possible scenarios for Bitcoin’s next move. However, the analyst appears to be leaning more bearish, projecting that BTC could fall again, hitting levels not seen in years.…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst Shah has made a bullish case for Litecoin, predicting that it could soon witness the “most violent face-melt.” The analyst compared the projected LTC parabolic rally to the explosions that Solana, XRP, and Cardano witnessed in the past. Why Litecoin Is Not ‘Dead’ And Is About To See A Parabolic Rally In an X post, Shah stated that bears who think Litecoin is “dead money” are about to be the fuel for the most violent face-melt of 2026. The analyst pointed to the macro reality,…
Crypto faces $190M token unlocks this week as APT, SOL, WLD, TRUMP, and BABY releases raise supply risks this week. The crypto market is preparing for major token unlocks totaling over $190 million from April 6 to 13, 2026. Tokenomist reports that APT and BABY will have significant one-time cliff unlocks. Meanwhile, linear daily unlocks for RAIN, SOL, CC, TRUMP, WLD, DOGE, and TAO will gradually increase available supply. Investors and traders are closely monitoring these events for potential market activity. Major Cliff Unlocks for APT and BABY According to Tokenomist, APT will have a cliff unlock of $10.58 million.…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 1968.74, up 3.5% (+66.62) since 4 p.m. ET on Friday.Seventeen of 20 assets are trading higher.Leaders: NEAR (+8.1%) and AVAX (+5.5%). Laggards: BCH (-0.6%) and XLM (-0.3%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Cryptocurrency Market Dynamics:#Protocol #jumps #weekend