Scan to download
BTC $71,102.64 -3.49%
ETH $2,202.71 -5.06%
BNB $592.97 -3.38%
XRP $1.33 -2.98%
SOL $82.13 -4.62%
TRX $0.3226 +0.89%
DOGE $0.0910 -3.63%
ADA $0.2382 -6.49%
BCH $423.47 -3.97%
LINK $8.77 -5.33%
HYPE $40.97 -4.78%
AAVE $90.65 -5.86%
SUI $0.9080 -5.57%
XLM $0.1515 -3.29%
ZEC $367.24 -2.01%
BTC $71,102.64 -3.49%
ETH $2,202.71 -5.06%
BNB $592.97 -3.38%
XRP $1.33 -2.98%
SOL $82.13 -4.62%
TRX $0.3226 +0.89%
DOGE $0.0910 -3.63%
ADA $0.2382 -6.49%
BCH $423.47 -3.97%
LINK $8.77 -5.33%
HYPE $40.97 -4.78%
AAVE $90.65 -5.86%
SUI $0.9080 -5.57%
XLM $0.1515 -3.29%
ZEC $367.24 -2.01%

rad

Robinhood excludes some prediction market contracts due to concerns about market manipulation and insider trading risks

As Robinhood accelerates its layout in the prediction market, it has proactively excluded certain contract products due to concerns that they may foster market manipulation and insider trading risks. Robinhood UK President Jordan Sinclair stated that the company is highly attentive to market abuse issues and will not offer all prediction markets or event contracts to users, but will selectively launch products that are more suitable for customers.Recently, several "precise betting" incidents have raised regulatory concerns. For example, there were unusually large bets placed on Polymarket before U.S. actions against Iran; Israeli regulators have also sued two individuals who used confidential information to place bets. Additionally, "mention markets" (such as words that will appear in a speech being bet on) have been explicitly excluded from Robinhood's product range due to their susceptibility to manipulation.Currently, Robinhood primarily provides compliant prediction market services through partnerships with Kalshi and ForecastEx, prioritizing regulated platforms to reduce information abuse and cross-border compliance risks. In contrast, the less regulated Polymarket allows users to trade through cryptocurrency wallets with relatively loose identity verification.Robinhood previously anticipated that prediction markets would become an important growth engine, with CEO Vlad Tenev stating that this business could become one of the fastest-growing segments by 2025, potentially driving the formation of a trillion-dollar annual trading scale in the future.

Market sentiment has turned bullish, with traders setting a target price of $88,000 for Bitcoin

Amid a significant rebound in Bitcoin whale activity and a sharp decline in inflows to trading platforms, traders are setting Bitcoin's target price at $88,000. This week, after four days of consolidation between $70,000 and $72,000, Bitcoin reached an intraday high of $73,255 on Friday.The current price structure resembles the breakout trend of the second quarter of 2025—at that time, the price had long been consolidating below the moving averages, and once it broke the descending trend line, it quickly surged to the next supply zone. Currently, $76,000 constitutes a key trigger point, which also corresponds to the upper boundary of the descending trend line formed since Bitcoin's decline from around $126,000. Once broken, the psychological resistance that has suppressed rebounds for the past few months may be eliminated.On-chain data shows that crypto analyst Amr Taha pointed out that in the past 30 days, inflows of Bitcoin from whales to exchanges have dropped to $2.96 billion, marking the first time since June 2025 that it has fallen below $3 billion, while this figure was as high as $8 billion in February this year. Meanwhile, as of April 9, long-term holders have realized a market value change of $49 billion, indicating that accumulation behavior has restarted.Taha stated that these indicators collectively reflect that chips are shifting from weak hands to strong hands, showing a trend of steady accumulation rather than aggressive selling. The CoinGlass liquidity map shows that a large amount of visible liquidity is concentrated in the $86,000 to $90,000 range.

International crude oil prices are fluctuating at a high level, and the trading volume and open interest of related contracts on the Gate platform rank first across the entire network

The commodity market is significantly affected by geopolitical fluctuations, and the price of crude oil continues to oscillate at high levels. According to Gate's market data, WTI crude oil (XTIUSDT) is currently priced at $94.51, down 1.51% in the last 24 hours; Brent crude oil (XBR) is currently priced at $93.90, down 1.87% in the last 24 hours. Against the backdrop of increased price volatility, the trading volume of related contracts has also risen.According to CoinGlass data, the trading volume for Gate's XTI (WTI crude oil) contracts in the last 24 hours is approximately $30.43 million, with an open interest (OI) of about $7.26 million; the XBR (Brent crude oil) contracts have a trading volume of $14.03 million in the last 24 hours, with an open interest (OI) of about $4.65 million, ranking first in the industry.Currently, Gate's contract sector has fully covered traditional financial assets including stocks (63 types), metals (12 types), indices (15 types), foreign exchange (3 types), and commodities (3 types). The trading targets include mainstream varieties such as gold, silver, platinum, crude oil, natural gas, euro, pound, Dow Jones Industrial Average, Hang Seng Index, etc., supporting continuous trading 7×24 hours, with a maximum leverage of 100 times, continuously creating an efficient multi-asset one-stop trading platform for global users.

Strategy continues to increase holdings in Bitcoin, Bitmine lists on the New York Stock Exchange, Morgan Stanley Bitcoin ETF begins trading

According to BBX data, the cryptocurrency market maintained a strong oscillating pattern yesterday amid the positive aftermath of the ceasefire, with the following core dynamics:Strategy, Inc. (NASDAQ: $MSTR) disclosed on April 6 in accordance with SEC Form 8-K: the company purchased an additional 4,871 BTC at an average price of $67,718 from April 1 to 5, with a total expenditure of approximately $329.9 million; as of April 5, the total holdings reached 766,970 BTC, with a total book cost of approximately $58.02 billion (average price of $75,644). The funds for this round of purchases came from the sale of STRC preferred shares (net proceeds of approximately $102.6 million) and MSTR common stock (net proceeds of approximately $72 million).Bitmine Immersion Technologies (NYSE: $BMNR) officially upgraded from NYSE American to the New York Stock Exchange main board ("Big Board") on April 9, while also announcing that the board approved a $4 billion stock repurchase authorization. As of April 5, the company held 4,803,334 ETH (accounting for 3.98% of the total circulating supply), of which 3,334,637 ETH has been staked, yielding an annualized staking income of approximately $196 million; additionally, it holds 198 BTC and $864 million in cash, with total consolidated assets of approximately $11.4 billion.Morgan Stanley (NYSE: $MS) subsidiary Morgan Stanley Bitcoin Trust officially listed on NYSE Arca on April 8, with the stock code $MSBT, becoming the first Bitcoin spot ETF issued by a traditional Wall Street bank; over 1.6 million shares were traded on the first day, recording a net inflow of approximately $34 million; Coinbase Global, Inc. (NASDAQ: $COIN) subsidiary Coinbase Institutional has been designated as the official custodian for the fund.
app_icon
ChainCatcher Building the Web3 world with innovations.