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Philanthropist Kim Geo-seok, 79, has donated 100,000 XRP, worth approximately 200 million won ($145,000), to the Seoul branch of the Community Chest of Korea, Insight reported on April 27. The organization said it plans to liquidate the assets, which were transferred on April 24, to fund support programs for vulnerable local communities. This marks Kim's latest crypto-based donation, following his contribution of one Bitcoin in August last year—a first in South Korea—and a separate 100,000 XRP donation to Seoul National University Hospital in March.

South Korean crypto exchange Bithumb announced it will list Pearl (PRL) for KRW trading at 8:00 a.m. UTC today.

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: 49.85% long, 50.15% short - Binance: 48.44% long, 51.56% short - OKX: 48.68% long, 51.32% short - Bybit: 51.23% long, 48.77% short

Bitcoin is facing significant selling pressure around the $80,000 mark, a level analysts identify as the breakeven point for recent buyers, CoinDesk reports. Despite a 16% gain in April and strong institutional accumulation, the cryptocurrency hit a 12-week high of $79,399 overnight before retreating during Asian trading hours on Monday. The pullback thwarted Bitcoin's first attempt to reclaim the $80,000 level since January. The initial surge was partly driven by a broader risk-on sentiment following an Axios report that Iran had offered the U.S. a new proposal to reopen the Strait of Hormuz, with nuclear talks postponed until after a U.S. naval blockade is lifted. Bitcoin briefly followed the trend before diverging. Bitcoin analyst Rachael Lucas explained that the $80,000 level is where recent buyers reach their entry price. She noted that this is historically a point of selling pressure, as traders who have been holding losing positions for weeks look to exit the market.

A whale address dormant for three years has deposited 2,301 ETH, worth $5.5 million, to Kraken, Onchain Lens reported on X. Deposits to exchanges are typically interpreted as a precursor to selling.

The Litterbox Trust of Solana-based decentralized swap aggregator Jupiter announced on X today that it has purchased an additional 356,021 JUP. This brings the total purchased this month to 10,123,216 JUP and the trust's total holdings to 114,226,466 JUP. Jupiter plans to deposit 50% of its protocol revenue into the trust over the next two years to continue accumulating JUP.

U.S. Republican Senator Thom Tillis has withdrawn his opposition to the confirmation of Kevin Warsh as Federal Reserve Chairman, Cointelegraph reported. In a post on X, Tillis explained that he will now support Warsh's confirmation after confirming that the U.S. Department of Justice (DOJ) has concluded its roughly three-month investigation into Chairman Jerome Powell. The senator added that the investigation was a matter that could have undermined the Fed's independence and that his support was contingent on the issue being resolved.

According to CoinNess market monitoring, BTC has fallen below $78,000. BTC is trading at $77,950.36 on the Binance USDT market.

South Korean crypto exchange Upbit announced the addition of Onyxcoin (XCN) to its KRW and USDT markets, effective 7:00 a.m. UTC on April 27.

BlackRock's IBIT Bitcoin ETF saw weekly inflows of $983 million, its largest in six months, according to Ki Young Ju, CEO of CryptoQuant.

Western Union, the world's largest remittance and payment company, will launch a Solana (SOL)-based stablecoin, USDPT, next month, The Block reported. During a first-quarter conference call, Western Union CEO Devin McGranahan stated that it is no longer a question of whether the company will operate in the digital asset space, but rather how quickly it can expand. USDPT is not intended to be a consumer-facing stablecoin but will be used on the SWIFT network. It is expected to enable rapid processing, even on bank holidays, through on-chain settlement with major agent partners.

The U.S. has received a new negotiation proposal from Iran delivered via Pakistan, U.S. media outlet Axios reported on April 26, citing one U.S. official and two other sources. The proposal is said to be broadly similar to a three-stage framework previously disclosed by Lebanon's Al Mayadeen TV, which outlines an end to the war, a resolution for the Strait of Hormuz, and nuclear negotiations, in that order. According to two sources cited by Axios, Iran's new offer prioritizes resolving the crisis in the Strait of Hormuz and lifting the U.S. blockade. As part of this plan, a long-term ceasefire would be extended or a permanent end to the war would be agreed upon. Nuclear talks would only commence after the strait is reopened and the U.S. blockade is lifted.

Jupiter Lend, a Solana-based money market, announced it has increased its borrowing limit from $25 million to $40 million. The platform allows users to borrow up to 85% of their collateral's value and loop JLP at a maximum annual percentage rate of 33.4%.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $70.58 million liquidated (91.48% shorts) - ETH: $80.77 million liquidated (93.19% shorts) - ZBT: $6.1 million liquidated (63.01% shorts)

Michael Saylor, founder of MicroStrategy, posted a chart from Saylor Tracker on his X account last night, hinting at a potential Bitcoin purchase. Saylor has previously followed a pattern of making additional BTC purchases after publishing similar posts.

Shark Tank host Kevin O'Leary predicted that BTC could soar to between $150,000 and $200,000 upon the passage of the U.S. CLARITY Act. According to CryptoNews, he said a massive influx from sovereign wealth funds and pension funds would create a whirlwind of institutional liquidity.

Curve Finance (CRV) has proposed a solution to address bad debt within its lending system, Llamalend. The core of the proposal involves creating a Curve Stable Swap pool to facilitate the exchange of Vault tokens, aiming to attract external capital. This system is designed to operate without requiring separate approvals or over-the-counter contracts. The pool is structured to gradually resolve the bad debt; as the price of CRV rises, distressed positions will be forcibly liquidated. Conversely, the design ensures that the Vault's collateral ratio will not worsen if the CRV price falls.

Prediction market platform Polymarket will upgrade its trading system to v2 at 11:00 a.m. UTC on April 28, the company announced via its official developer X account. As a result, ordering and trading functions on the platform will be suspended for approximately one hour. Additionally, the v1 order book will be reset, and all limit orders will be canceled.

According to Onchain Lens, an anonymous Solana (SOL) whale address has emerged from a 10-month dormancy, unstaking and depositing 300,439 SOL, worth approximately $26.07 million, to Binance about an hour ago. Deposits to exchanges are typically interpreted as a precursor to selling.

Four Pillars announced it has secured Series A funding from Pantera Capital and Further Ventures. The investment round valued the company at 30 billion won (around $21.9 million). Four Pillars stated its goals are to connect Asian and global markets, bridge the gap between traditional finance and the Web3 sector, and evolve from a research firm into a solutions provider.

Cryptocurrency lending protocol Aave announced its launch on Solana (SOL) through Sunrise DeFi.

LDO has surged more than 20% after news that an ApeCoin (APE) insider opened a long position on the token, Lookonchain reported. Some wallets have already realized approximately $50,000 in profit, while other addresses continue to hold millions of tokens with $250,000 in unrealized gains. LDO is currently trading at $0.4485, up 20.8% over the past 24 hours.

On-chain analyst Crypto Dan has warned that the more confident the market becomes amid Bitcoin's ongoing rally, the greater the risk of a sudden downturn. Posting on X, he noted that investor greed has risen significantly with the recent rebound. According to the analyst, market movers often build hope among participants before engineering a sharp reversal to catch them off guard, a pattern he described as almost always in play. He observed that the sustained rally has led many to believe the market has already bottomed out and that Bitcoin is on its way to a new all-time high. He cautioned that sentiment often just follows the prevailing trend—bullish during a rise and bearish during a fall—and suggested that a contrarian perspective might offer a clearer view of the market.

Kbank has partnered with blockchain company Ripple to test next-generation overseas remittance technology, Insight Korea reported. The bank announced today that it has established a strategic partnership with Ripple at its Seoul headquarters. The core of the collaboration is to verify the effectiveness of a blockchain-based remittance structure. Kbank plans to leverage Ripple's global payment network and infrastructure to assess potential improvements in processing speed, cost structure, and transaction transparency.

South Korean crypto exchange Bithumb announced it will restrict deposits and withdrawals from overseas exchange TokenSpot. The move comes amid suspicions that TokenSpot is involved in money laundering with Garantex and Grinex, two entities sanctioned by the U.S. Department of the Treasury (OFAC).