Cryptocurrency News Today TheBitTimes.com

Polymarket odds that Native Markets will win the bid for Hyperliquid’s USDH stablecoin have soared to 94.8% after Ethena Labs withdrew its application. That’s after the odds on the popular decentralized betting platform that Native Markets will win the bid jumped over 25% in the last 24 hours. USDH bidding odds (Source: Polymarket ) In a contract that asked which of the bidding issuers will win, traders on Polymarket also said there is a 5.2% vote that Paxos, a well-known stablecoin issuer that helped launch PayPal’s PYUSD token, will win the Hyperliquid stablecoin bid. Ethena Labs Withdraws From USDH Bidding The soaring confidence that Native Markets will win the Hyperliquid stablecoin bid comes after the founder of Ethena Labs, Guy Young, said his team “will respectfully be withdrawing” its proposal for the stablecoin launch. In an X post, the founder said that the decision followed “direct discussions with individuals in the community a...

The Ethereum-to-Bitcoin (ETH/BTC) pair is approaching a crucial resistance level, sparking anticipation of a potential breakout that could fuel a broader altcoin rally. Crypto analyst Michael Van De Poppe has identified the 0.0285 BTC mark as a pivotal point, suggesting that a breakthrough at this level could trigger Ethereum’s first major surge.  Additionally, macroeconomic developments may further influence market sentiment. With the possibility of altcoins gaining 10-30% in the near term, investors are closely monitoring market movements. As momentum builds, this could be the perfect time to explore the Best Altcoins To Watch Today . 6 Best Altcoins To Watch Today MANTRA is a security-driven Layer 1 blockchain designed to align with real-world regulatory requirements. Ethena (ENA) has been showing strong market activity, currently priced at $0.4776 after a 7.33% gain in the last 24 hours. Meanwhile, Worldcoin (WLD) has expanded its World ID verification services to Jaka...