Coinbase said it will support the DAI-to-USDS migration, with an automated conversion scheduled between 4 May and 6 May 2026 at an approximate 1:1 ratio. The exchange will disable DAI trading on 4 May, pause deposits and withdrawals from 4–6 May, and convert eligible balances with no fees, while excluding users in certain EEA jurisdictions.

A US appeals court panel ruled 2-1 that New Jersey gaming regulators cannot proceed with an enforcement action against prediction market platform Kalshi over sports event contracts. The judges said Kalshi showed a “reasonable chance of success” that the Commodity Exchange Act preempts state law and that the CFTC has exclusive jurisdiction over the contracts.

Tyler Winklevoss said the U.S. M2 money supply hitting a record $22.7 trillion amounts to a large "advertising budget" for Bitcoin. He contrasted expanding fiat liquidity with Bitcoin's fixed 21 million-coin cap and pointed to the asset's reported relationship with global M2. The post was shared on X on April 6, 2026.

Santiment data shows Tether (USDT) wallets on Ethereum declined by 72,841 addresses over 48 hours, a 0.54% drop. The article argues such contractions are uncommon and may reflect reduced participation from smaller investors, while Bitcoin trades near $69,600 amid what some analysts describe as a rare “bottom discovery range.”

On April 6, 2026, the U.S. Court of Appeals for the Third Circuit granted Kalshi a preliminary injunction blocking New Jersey's effort to halt its sports-related event contracts. The court said Kalshi's claim that federal law preempts state gambling rules had a sufficient likelihood of success, allowing the company to keep offering the contracts while the case proceeds.

Bitcoin (BTC) rose sharply after a quiet weekend, jumping from about $67,000 to nearly $69,600 within hours as broader risk sentiment shifted. The move followed reports of potential U.S.-Iran ceasefire talks, while a separate debate over Bitcoin’s long-term returns resurfaced alongside Strategy’s latest 4,871 BTC purchase for roughly $330 million.

The IMF says crypto tokenization represents a structural change to financial market "plumbing", warning it could amplify liquidity stress as settlement, margining, and compliance are embedded in code. The report argues that atomic settlement, 24/7 trading, and automated margin calls may accelerate shocks beyond regulators' response speed, while fragmented liquidity across chains can worsen slippage and risk management. It also notes emerging-markets exposure, where large flows of crypto tokens and dollar-pegged stablecoins could undermine local monetary policy tools.

Strategy disclosed a $14.46 billion unrealized loss for Q1 2026 and said its MSTR shares were down 21% year-to-date. It also reported buying 4,871 BTC for about $329.9 million between April 1 and April 5, bringing total holdings to 766,970 BTC.