Intercontinental Exchange Announces $600 Million Investment In Polymarket

Intercontinental Exchange, Inc. Intercontinental Exchange, the parent company of the New York Stock Exchange, has completed a $600 million direct cash investment in prediction market platform Polymarket as part of a broader equity fundraising round, according to a company announcement.

The new investment follows ICE’s previously disclosed $1 billion commitment made in October 2025. With the latest infusion, ICE says it has now fulfilled its obligations under the investment agreement, which also includes plans to purchase up to $40 million in additional Polymarket securities from existing holders.

Polymarket, a blockchain-based prediction market platform that allows users to trade on…

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Bitcoin Plunges 3% And ETFs Bleed $171M After Ukraine Destroys Russian Oil Ports

Ukraine Blows Up Trump’s Oil Plan

President Donald Trump lifted sanctions on Russian crude to compensate for oil supply disruptions caused by the Iran war and cool energy markets.

Ukraine destroyed that strategy this week with drone strikes on ports and refiners in Russia’s Leningrad region.

The damage represents “the most serious threat” to Russia’s oil exports since Putin’s full-scale invasion of Ukraine in 2022, according to observers. 

About 40% of Russia’s oil export capacity is now offline, creating what Oilprice.com editor Michael Kern described as “a logistics problem first—and a supply problem second,” CoinDesk reported.

“In conjunction with the war in the…

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Bitcoin, Ethereum, XRP, Dogecoin Plunge Early Friday Hours As Iran Snubs US Peace Deal

Bitcoin at $66,000 is driven by a macro sell-off after Iran rejected a U.S. peace proposal, pressuring risk assets and pushing sentiment deeper into the fear zone (26); liquidations stand at $447.7 million over the past 24 hours.  

Bitcoin ETFs saw $171.2 million in net outflows on Thursday, while Ethereum ETFs reported $92.5 million in net outflows.  

Trader Commentary:

Trader Lennaert Snyder expects downside continuation, with a bearish target at the prior weekly low of $67,360. However, he remains patient, waiting for a bounce and confirmation before entering safer short positions rather than chasing the move late.

CyrilXBT said Ethereum remains in a strong downtrend and is showing…

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Bitcoin Price Crashes To Two-Week Low Near $66,000

Bitcoin price fell below $66,500 on Friday, hitting its lowest level in more than two weeks as a wave of long liquidations and mounting macroeconomic stress weighed on the crypto market..

Data shows nearly $300 million in long positions were liquidated over the past 24 hours, according to Bitcoin Magazine Pro data, compared with roughly $50 million in short liquidations, pointing to an unwind of crowded bullish positioning in crypto futures. The imbalance reflects a market that had leaned heavily long and is now adjusting as sentiment shifts.

The bitcoin price selloff coincided with a broader risk-off move across global markets. Nasdaq 100 futures have fallen about 10% from their…

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Coinbase Shares Slide As Crypto Market Faces Broad Sell-Off

Bitcoin Leads Market LowerMacro Pressures Weigh on SentimentInnovation Amid Volatility

This allows borrowers to use Bitcoin or USDC as collateral for Fannie Mae-eligible mortgages. “Token-backed mortgages are a major first step,” said Max Branzburg, Coinbase Head of Consumer Products.

Regulatory Shifts on Horizon

CFTC Chairman Mike Selig expects to approve crypto perpetual futures within weeks. This aims to bring offshore trading volume back to U.S. markets. Coinbase currently utilizes 50-year contracts as a workaround for these products.

COIN Stock Price Activity: Coinbase Global shares were down 3.44% at $167.41 during premarket trading on Friday, according to Benzinga Pro data.

Photo…

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Maxine Waters Seeks Clarity On Kansas City Fed’s Approval Giving This Crypto Exchange Access To ‘Critical’ Financial Infrastructure

Rep. Maxine Waters (D-Calif.) sought further information on Thursday on the decision to grant cryptocurrency exchange Kraken access to Federal Reserve services.

Waters Says Approval Lacks Transparency

Waters, the leading Democrat on the House Committee on Financial Services, penned a letter to Jeff Schmid, President and CEO of the Federal Reserve Bank of Kansas City, requesting details about the bank’s recent approval of a “limited purpose account” for Kraken.

This approval—the first in U.S. history for a cryptocurrency company—gives Kraken direct access to Fedwire, the core payment infrastructure used by thousands of U.S. banks and credit unions.

Waters expressed her…

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Stock Market Today: S&P 500, Nasdaq Futures Drop As Trump Pushes Iran Deal Deadline—Unity Software, Oracle, SoFi Technologies In Focus

U.S. stock futures fell on Friday following Thursday’s sharp sell-off. Futures of the major benchmark indices were lower.

Tehran, however, reportedly rejected a 15-point U.S. proposal conveyed through Pakistan, with a senior Iranian official telling Reuters that senior officials and a representative of the supreme leader found it served only American and Israeli interests.

Meanwhile, the 10-year Treasury bond yielded 4.45%, and the two-year bond was at 4.00%. The CME Group’s FedWatch tool’s projections show markets pricing a 93.8% likelihood of the Federal Reserve leaving the current interest rates unchanged in its April meeting.

IndexPerformance (+/-)Dow Jones-0.16%S&P 500-0.14%Nasdaq… Read more on Benzinga

Bitcoin Setting Up For A Sell Signal, Says Legendary Trader, But Where Exactly Is The Bottom?

Veteran trader and chartist Peter Brandt flagged a pattern on Thursday signaling weakening bullish momentum for Bitcoin (CRYPTO: BTC).

Another Wave Of Selling?

Brandt, a technical analyst with nearly 50 years of experience, highlighted a rising wedge formation—a bearish technical analysis pattern that signals a potential reversal of an uptrend.

The pattern is characterized by price converging between two upward-sloping trendlines. As the price forms higher highs and higher lows, the narrowing pattern signals fading bullish momentum.

Key Support At Risk

Widely followed cryptocurrency commentator Michaël van de Poppe flagged something similar, pointing to Bitcoin’s ascending…

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Bitcoin, Ethereum, XRP, Dogecoin Fall Amid Trump’s ‘Get Serious’ Warning To Iran: Analytics Firm Sees Strong ‘Buy Signal’ Following Bearish Chatter

Leading cryptocurrencies edged lower alongside stocks on Thursday as President Donald Trump’s warning cast a shadow on Iran negotiations.

Crypto Slide As Leveraged Longs Get Liquidated

Bitcoin dipped to $68,100, with trading volume increasing 10% from the previous day. Ethereum also sank below $2,100, while XRP and Dogecoin recorded steeper declines.

Over $330 million in cryptocurrency positions were liquidated in the past 24 hours, with $293 million in bullish long positions alone erased,  according to Coinglass data.

Notably, nearly $500 million in Bitcoin shorts on Binance risked liquidation if the apex cryptocurrency rebounds to $71,000

Open interest in Bitcoin futures fell 0.37% in…

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