Bank of England building exterior on a clear day, representing UK financial regulation.
Bitcoin News

Bank of England rethinks strict stablecoin rules as US banks prepare for tokenization boom

The Bank of England is reconsidering key aspects of its proposed regulatory framework for pound sterling stablecoins after industry feedback warned that ownership caps and reserve requirements could hinder adoption. Deputy Governor Sarah Breeden told the Financial Times that the central bank is exploring alternatives to temporary holding limits and reassessing whether its demand that […]

Person using a smartphone for a crypto payment at a grocery store in Colombia
Bitcoin News

Tether-backed Oobit expands crypto payments platform into Colombia

Tether-backed crypto payments company Oobit has launched its non-custodial payments platform in Colombia, marking its ninth live market in Latin America. The expansion follows recent entries into Brazil, Argentina, and Chile, and signals growing demand for digital asset spending on everyday purchases across the region. Real-world crypto spending gains traction Oobit’s platform allows users to […]

Trading floor display showing Bitcoin price drop below $80,000 with red chart trend
Bitcoin News

Bitcoin ETFs bleed $635M as BTC slips under $80K, largest outflow since January

US spot Bitcoin exchange-traded funds recorded their largest daily outflow since late January on Wednesday, as Bitcoin struggled to hold the $80,000 level following a sharp rebound from April lows. Data from SoSoValue shows Bitcoin funds posted $635.2 million in net redemptions, extending the previous session’s $233.3 million outflow and pushing weekly losses to $841.2 […]

Trading desk monitors showing declining Bitcoin price chart and cryptocurrency market data in a professional office setting
Bitcoin News

Polymarket monthly volume drops for first time since August as Kalshi surges; Metaplanet posts $728M Bitcoin loss

Prediction market Polymarket recorded its first monthly trading volume decline since August in April, as rival Kalshi gained ground. Meanwhile, Tokyo-listed Metaplanet reported strong operating income but a substantial net loss tied to Bitcoin price declines, and US senators filed over 100 amendments to a key crypto market structure bill ahead of a Thursday markup. […]

Trading dashboard showing Polymarket volume decline in April 2026
Bitcoin News

Polymarket monthly volume posts first decline since August as Kalshi gains ground

Polymarket, the leading crypto-based prediction market platform, recorded its first monthly trading volume decline since August 2025 in April, as competition from rival Kalshi intensified and U.S. regulatory scrutiny of the sector deepened. Data from Dune Analytics shows Polymarket and its U.S.-focused app generated approximately $10.2 billion in volume during April, an 8.9% drop from […]

Digital trading dashboard showing declining Polymarket volume chart on smartphone in professional trading environment
Bitcoin News

Polymarket monthly volume drops for first time since August as Kalshi gains ground

Polymarket’s monthly trading volume fell by approximately 8.9% in April, marking the first month-over-month decline since August 2025, as rival platform Kalshi captured a larger share of the rapidly expanding prediction market sector. Data from Dune Analytics shows Polymarket and its US-focused application generated just over $10.2 billion in volume last month, down from more […]