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According to data from CoinGlass, if BTC breaks through $69,863, short positions worth $136.41 million are projected to be liquidated across major centralized exchanges. Conversely, a drop below $68,471 would trigger the liquidation of $91.17 million in long positions.

South Korean financial authorities are overhauling user asset management systems for won-denominated crypto exchanges, Financial News reported. The move follows a February incident at South Korean exchange Bithumb where 62 trillion won in Bitcoin was mistakenly disbursed, which regulators believe exposed weaknesses in internal controls. Under the new measures, all exchanges offering won trading pairs will be required to reconcile their digital ledgers with their wallet balances every five minutes. The plan also includes provisions for immediately halting trading in the event of an incident. The details were announced by Shin Jin-chang, Secretary-General of South Korea’s Financial Services Commission, during a meeting with the virtual asset industry on April 6.

Top 5 Gainers (24h) - TRU: +67.89% to $0.0094 (Volume: $80.66M) - PCI: +30.90% to $0.0567 (Volume: $9.03M) - ORDER: +27.60% to $0.0617 (Volume: $43.03M) - APR: +17.14% to $0.2334 (Volume: $18.11M) - PTB: +14.71% to $0.0013 (Volume: $10.64M) Top 5 Losers (24h) - ARIAIP: -48.00% to $0.0038 (Volume: $1.37M) - EVER: -26.70% to $0.0045 (Volume: $18.31K) - D: -26.26% to $0.0111 (Volume: $85.73M) - RLS: -23.06% to $0.004 (Volume: $16.76M) - BSB: -19.64% to $0.2049 (Volume: $52.51M)

Modern Lion, a joint venture between Hyundai Card and Like Lion, is undergoing liquidation, Biz Hankook reported. The company operated the NFT platform KONKRIT, which sold tickets for numerous exhibitions and performances hosted by Hyundai Card. Last year, Hyundai Card and Like Lion sold their entire stake in Modern Lion to an undisclosed buyer.

Five of nine CoinNess-affiliated Chart Masters predict an upward trend for Bitcoin's price this week, while the remaining four forecast a decline. The highest price target among the group is $80,000, with the lowest at $58,300. Note: Please vote for your preferred direction and price target via the link. We will select 100 participants by lottery to receive a coffee coupon.

Shin Hyun-song, a nominee for Governor of the Bank of Korea, is in favor of introducing a won-denominated stablecoin and believes it can coexist with a central bank digital currency (CBDC) and deposit tokens, Digital Asset reported on April 6. Citing materials from the office of People Power Party lawmaker Park Seong-hoon, the report noted Shin's view that stablecoins will have a sufficient role in the future monetary ecosystem. He highlighted their positive effects, including their use as a means of transaction for tokenized assets and their support for programming functions.

A senior Iranian official stated that the country will not be forced into decisions by deadlines or pressure, Reuters reported. The official added that Iran will not reopen the Strait of Hormuz in exchange for a temporary ceasefire, noting that Tehran believes the U.S. is not yet prepared for a permanent one.

Crypto data analytics firm Nansen announced the activation of a cross-chain swap feature. Users can now swap assets on the Base network for assets on Solana.

A draft of a final ceasefire agreement between the U.S. and Iran reportedly includes a proposal for Iran to abandon its nuclear weapons program in exchange for the lifting of sanctions and the unfreezing of assets. According to a source, the plan, aimed at ending hostilities in the Middle East, requires a deal to be reached by April 7. If an agreement is made, it would trigger an immediate ceasefire and the reopening of the Strait of Hormuz, with a final accord to be reached within 15 to 20 days.

South Korean crypto exchange Coinone has announced a one-month extension of its delisting watchlist designation for Portal To Bitcoin (PTB). The token was initially placed on the watchlist on March 23. The exchange cited the project's failure to properly disclose or its arbitrary changes to critical information, such as its token distribution plan, which could significantly impact the asset's value.

XRP must hold the $1.30 to $1.32 support level to maintain its current trend, according to an analysis by CoinDesk. The outlet noted that while XRP is trading above $1.30 and volume is increasing, it remains stuck in a narrow range with insufficient momentum for a decisive upward breakout. The increased volume suggests active market participation, but the muted price response points to mixed conviction among traders. For a stronger rally to emerge, XRP needs to consolidate its support in the $1.30 to $1.32 zone and break through the resistance area between $1.33 and $1.35.

BTC perp long/short ratios on top exchanges by open interest The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 51.59% long, 48.41% short - Binance: 53.42% long, 46.58% short - OKX: 52.97% long, 47.03% short - Bybit: 52.91% long, 47.09% short

Top 5 Rising Sectors 1. Reddit Points: +12.06%, MOON (12.06%) 2. Lending & Borrowing: +9.7%, KNIT (100.09%) 3. Arcade Games: +8.4%, PEPE (12.35%) 4. Bittensor Subnet: +7.15%, SN10 (13.61%) 5. Liquid Staking Derivatives: +6.56%, PSTAKE (59.72%) Top 5 Falling Sectors 1. Binance Megadrop: -20.19% 2. Binance Alpha Airdrop: -14.33% 3. Neobank: -12.35% 4. Play To Earn: -9.69% 5. Binance Alpha: -7.84%

Polymarket data shows a 91% probability of Bitcoin (BTC) recovering to $70,000 this month, with the odds of it reaching $75,000 at 47%.

Jeremy Allaire, founder and CEO of USD Coin (USDC) issuer Circle, is scheduled to visit South Korea on April 13 for a series of meetings with banks and crypto exchanges, BizWatch reported. According to the report, Allaire will meet with Dunamu, the operator of South Korea's largest exchange Upbit, as well as Bithumb and Coinone. He is expected to sign a memorandum of understanding (MOU) with Dunamu related to stablecoins. The two companies will reportedly collaborate to promote the domestic distribution of USDC.

A small number of oil tankers and cargo ships have passed through the Strait of Hormuz, according to multiple media reports. Reuters reported on April 5 that a tanker carrying Iraqi crude passed through the strait and is scheduled to unload at a Malaysian port in mid-April. Citing an anonymous source, the report added that Iran has allowed several ships linked to Malaysia to pass. This follows an earlier report from Al Jazeera that Iran would permit Iraq to use the strait without restrictions. Separately, the BBC reported on April 4 that a large container ship belonging to France's CMA CGM had also transited the waterway. Shipping analytics firm Kpler noted this was the first vessel from a major Western European shipping company to do so since the war between the U.S., Israel, and Iran began. Japan's Mitsui O.S.K. Lines (MOL) also announced that one of its LNG carriers had previously passed through the strait.

Analytics firm Santiment reported that the ratio of Bitcoin transactions in profit to those in loss reached 2.95:1 last weekend. The figure is calculated by comparing a coin's price at the time it is moved to its price at acquisition. Historically, a ratio approaching 3.0 has been interpreted as a signal of a short-term price top.

South Korea's National Intelligence Service (NIS) has reported to the National Assembly that the conflict between the U.S. and Iran is expected to enter a de-escalation phase by the end of April, depending on the extent of U.S. airstrikes. The assessment was disclosed on April 6 during a briefing by lawmakers Park Sun-won of the Democratic Party and Lee Sung-kwon of the People Power Party, who serve as secretaries for the Intelligence Committee, Kookje Shinmun reported. According to the NIS, the U.S. is struggling to convert its tactical military victories into a political surrender from Iran. Meanwhile, Iran is leveraging its control over energy supply chains but faces a strategic dilemma due to unsuccessful negotiations via Pakistan and is deliberating on how to respond to U.S. demands to abandon its nuclear program. The NIS concluded that the outcome of intensive U.S. airstrikes over the next three to four days will determine whether the conflict moves into a lull by the end of the month.

A Bloomberg Intelligence senior macro strategist has once again warned that Bitcoin could plummet to $10,000 if it fails to hold the $75,000 level, CoinDesk reported. Mike McGlone argued that BTC's price was around $10,000 before the massive quantitative easing of 2020-2021, a level he described as having the most concentrated trading volume since CME futures trading began in 2017. With the period of abundant liquidity now over, McGlone suggested BTC could return to this equilibrium price. He further contended that the explosive growth of the crypto market could be a hindrance to BTC. Unlike in the past when Bitcoin dominated the market, McGlone explained that millions of tokens now cause capital outflows. He also predicted that Tether's assets under management (AUM) will surpass those of ETH and BTC this year.

Bitchat, a decentralized P2P messaging app developed by Block CEO Jack Dorsey, has been removed from the Apple App Store in China for violating internet service regulations. According to Cointelegraph, the app operates solely on Bluetooth and mesh networks without an internet connection and has been used by protestors in various countries, including Iran, to bypass government internet shutdowns. Chinese authorities stated that the app violated regulations that prohibit the launch of services capable of mobilizing public opinion without prior review.

This chart analyzes the order book for the BTC/USDT spot pair, with the top section showing a Volume Heatmap and the bottom displaying the Cumulative Volume Delta (CVD). - The Volume Heatmap tracks trading volume at specific price levels. The background color brightens when the price remains in a certain range for an extended period or moves significantly. These brighter areas can potentially act as support or resistance levels. - The CVD indicator shows buy and sell orders categorized by trade size. As buy orders increase, the corresponding colored line rises. The yellow line represents orders between $100 and $1,000, while the brown line indicates large orders between $1 million and $10 million.

Top 5 Gainers (24h) - PCI: +42.16%, now $0.0616, Volume $6.86M - HIFI: +26.06%, now $0.0113, Volume $279.83K - ABT: +21.35%, now $0.4178, Volume $2.11M - ORDER: +20.77%, now $0.0584, Volume $26.66M - APR: +16.22%, now $0.2315, Volume $10.36M Top 5 Losers (24h) - ARIAIP: -45.10%, now $0.004, Volume $1.17M - EVER: -25.60%, now $0.0045, Volume $20.24K - FOXY: -9.73%, now $0.000096, Volume $2.69K - UOS: -8.72%, now $0.0074, Volume $13.88M - PUFFER: -8.38%, now $0.0279, Volume $9.27M

Toss is planning to build its own mainnet and issue a native digital asset, BlockMedia reported. The company is discussing a plan to issue its own native token on a Layer 1 blockchain network for use in payments and financial services. It is also considering a structure that would add a Layer 2 solution on top of the mainnet to ensure scalability and liquidity. In parallel, Toss is developing a Web3 wallet. The goal is to embed this wallet function directly into the existing Toss app, allowing users to store digital assets and make payments without installing a separate application.

An address associated with the StakeStone team deposited 16 million STO, valued at $2.87 million, to Bitget eight hours ago, according to on-chain analyst ai_9684xtpa. The tokens were transferred from the STO token distribution address.

Arc, Circle's (CRCL) Layer 1 chain optimized for stablecoins, has announced a quantum resistance roadmap, Wu Blockchain reported. The plan involves applying quantum resistance across its entire infrastructure, including wallets and validators, and adding a post-quantum signature feature to the mainnet as an opt-in model for users. Circle noted that the advancement of quantum computing could threaten existing public key-based cryptocurrency security systems by 2030 or earlier. The company also warned against "Harvest Now, Decrypt Later" attacks, in which encrypted data is collected now to be decrypted in the future using quantum computers.