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The Bank of Korea has officially launched the second phase of "Project Hangang," its experiment for commercializing a central bank digital currency (CBDC), News1 reported. Kyongnam Bank and iM Bank will join the seven existing participants: KB Kookmin, Shinhan, Woori, Hana, IBK, NH Nonghyup, and Busan Bank. The banking sector is expected to use this second phase as a testbed for applying "deposit tokens" to existing services.

Major exchanges have seen $120 million worth of futures liquidated in the past hour. In the past 24 hours, $539 million worth of futures have been liquidated.

The market always moves contrary to investor expectations, and Bitcoin is currently in a normal correction phase, according to Anthony Scaramucci, founder of U.S. alternative investment firm SkyBridge Capital. He explained that the current downturn is a typical correction similar to past declines, Cointelegraph reported. Scaramucci noted that after bottoming out in December 2022 following the FTX collapse, the market rebounded from January of the following year, with the bull market restarting amid widespread indifference and cynicism. He added that while institutional investors and inflows from spot BTC ETFs have reduced volatility and somewhat weakened the four-year cycle, they have not completely changed its structure. Scaramucci stated that large-scale investors and early participants follow the four-year cycle as a belief, which creates a self-fulfilling prophecy. He predicted that BTC will see significant volatility through the fourth quarter of this year, after which a new bull market will begin and the uptrend will resume.

According to CoinNess market monitoring, BTC has fallen below $68,000. BTC is trading at $67,900.55 on the Binance USDT market.

Whale Alert reported that 220,000,000 USDT has been transferred from OKX to an unknown wallet. The transaction is valued at about $220 million.

Whale Alert reported that 220,000,000 USDT has been transferred from OKX to an unknown wallet. The transaction is valued at about $220 million.

Whale Alert reported that 220,000,000 USDT has been transferred from OKX to an unknown wallet. The transaction is valued at about $220 million.

According to a weekly survey of South Korean investors conducted by CoinNess and Cratos, bearish sentiment has regained dominance. The poll found that 41.3% of respondents expect Bitcoin to fall or drop sharply next week, up from 30.5% the previous week. Conversely, 35.6% anticipate a rise or surge (up from 27.3%), while 23.1% predict sideways movement (down from 32.2%). Reflecting this caution, 43.2% of participants described the current market sentiment as one of fear or extreme fear. Neutral sentiment was expressed by 29.5%, and optimism by 27.3%. When asked about Bitcoin's temporary recovery to the $76,000 level earlier this week, the largest group of respondents (37.5%) dismissed it as a "fake rally" caused by a short squeeze. Another 28.8% believe BTC's direction will ultimately be determined by macroeconomic factors such as the U.S.-Iran war, while 19.2% view it as a genuine rebound with the potential to reclaim $100,000. The remaining 14.5% were unsure.

Major exchanges have seen $242 million worth of futures liquidated in the past hour. In the past 24 hours, $277 million worth of futures have been liquidated.

Major exchanges have seen $116 million worth of futures liquidated in the past hour. In the past 24 hours, $150 million worth of futures have been liquidated.

According to CoinNess market monitoring, BTC has fallen below $69,000. BTC is trading at $68,951.7 on the Binance USDT market.

According to CoinNess market monitoring, BTC has fallen below $70,000. BTC is trading at $69,936.82 on the Binance USDT market.

A large Solana (SOL) staking position worth approximately $163 million has been unstaked from the network, U.Today reported. The transaction involved about 1.81 million SOL being moved from a single wallet and subsequently sent to multiple addresses. The move has sparked analysis that the funds could create selling pressure if they are transferred to exchanges. U.Today noted that the unstaking increases token liquidity, which could limit price appreciation in the short term. Meanwhile, SOL recently rebounded to $97 and is currently fluctuating around $90.

A coalition of over 20 countries, including the UK, Germany, France, Japan, and South Korea, has expressed its intention to take joint action to ensure safe navigation in the Strait of Hormuz, The Guardian reported. The nations stated they are prepared to contribute to the efforts necessary for safe passage through the strait and welcomed prior cooperative moves among the relevant countries. They also condemned Iran in the strongest possible terms for its attacks on unarmed merchant ships, strikes on energy infrastructure, and its de facto blockade of the waterway.

According to CoinNess market monitoring, BTC has risen above $71,000. BTC is trading at $71,073.65 on the Binance USDT market.

Strategy (MSTR) is nearing its second-largest quarterly Bitcoin purchase on record, continuing its massive accumulation despite the cryptocurrency's price decline, CoinDesk reported. So far this year, Strategy has purchased a total of 89,618 BTC, bringing its total holdings to 761,068 BTC, with the possibility of further acquisitions before the quarter ends. This marks the largest accumulation since the fourth quarter of 2024, when the company bought 194,180 BTC. While Bitcoin is currently down more than 40% from its peak, Strategy appears to be continuing its accumulation strategy based on its available capital, regardless of the price.

A 66-year-old retiree in Hong Kong has lost approximately $840,000 (HK$6.6 million) after falling victim to fake crypto investment experts in three consecutive scams, Cointelegraph reported. According to local police, the victim was first contacted on WhatsApp by fraudsters and sent them funds, after which they ceased all communication. The victim was then scammed twice more by others who promised to help recover the initial losses, leading to additional payments of $75,000 and $585,000. Police have issued a warning, stating that promises of guaranteed high returns and inside information are typical scam tactics. According to blockchain security firm Hacken, losses from Web3-related scams amounted to about $3.95 billion in 2025.

An analysis suggests that Ripple (XRP) is mirroring a pattern seen before a past price surge, marked by a significant increase in withdrawals from the South Korean exchange Upbit, The Crypto Basic reported. On-chain data reveals that daily XRP withdrawal transactions have jumped to over 3,400 since mid-December 2025, a substantial rise from the typical range of five to 30. Analyst CW explained that this increase in withdrawals indicates a decrease in selling pressure on the exchange. The analyst noted that a similar trend from 2021 to 2023 was followed by a roughly 580% rally for XRP in November 2024.

FTX founder Sam Bankman-Fried has voiced support for President Donald Trump's airstrike on Iran, fueling speculation that he may be seeking a presidential pardon, CoinDesk reported. Currently serving a 25-year prison sentence, Bankman-Fried described the strike as a measure to address Iran's nuclear risk in a statement made through an approved channel. He has previously made public statements supporting Trump, including positive remarks on the president's energy policies and pro-cryptocurrency stance. Market observers suggest these messages could be a strategic effort to secure a pardon. Meanwhile, the FTX Recovery Trust is proceeding with creditor repayments totaling approximately $2.2 billion, with some creditors reportedly able to recover their funds in full.

The number of active Ethereum (ETH) network addresses has surged by 121% in recent days, signaling a rapid recovery in on-chain activity, U.Today reported. Citing data from Santiment, analyst Ali Martinez noted that active addresses increased from 380,000 to over 840,000. The surge, which occurred over approximately four days, is attributed to broader on-chain participation in sectors such as DeFi and NFTs. The market is interpreting the rise in active addresses as a sign of renewed investor interest and strengthening momentum.

The community of decentralized derivatives exchange GMX has announced a "Team Architecture Change" proposal aimed at reorganizing its team structure. The proposal centers on GMX Labs transitioning to a more defined traditional leadership structure to improve operational efficiency. A key component includes the creation of a Chief Executive Officer (CEO) position at GMX Labs, which will be filled through a public recruitment process. GMX plans to complete the hiring process by April 2026 and propose a reorganization and a new token distribution structure to the DAO before June. The CEO will be responsible for overseeing strategy, team building, strengthening partnerships, and external relations.

According to Reuters, Russian President Vladimir Putin told Iran's leadership that Russia will remain a faithful friend and reliable partner, even in difficult times. Putin made the remarks in a congratulatory message marking Nowruz, the Iranian New Year. The statement is seen as a reaffirmation of Russia's support for Iran amid escalating tensions in the Middle East.

Iranian Foreign Minister Abbas Araghchi said Iran wants a complete, comprehensive, and permanent end to the war, not a temporary ceasefire, Japan's Kyodo News reported. In a phone interview, Araghchi described the U.S. and Israeli attacks on Iran as illegal acts of aggression without any just cause, adding that he hopes the world will unite in opposition. He stated that while several countries have already started to push for a ceasefire, Iran is only considering a solution that ends the war at once. Araghchi said Iran will not accept a temporary truce and demands a complete end to the war, which must include guarantees that Iran will not be attacked again and compensation for the damages it has suffered. He added that he does not believe the U.S. is ready for negotiations.

Worldcoin is scheduled to host its World ID launch event, Lift Off, in Los Angeles on April 17. Sam Altman, CEO of OpenAI, will be in attendance.

Bitcoin mining difficulty has dropped by 7.76% to 133.79T. This marks the second-largest decrease this year.