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According to data from CoinGlass, an estimated $878.85 million in long positions across major centralized exchanges could be liquidated if Bitcoin's price falls below $76,829. Conversely, a move above $79,178 could trigger the liquidation of $841.04 million in short positions.

THORChain (RUNE) has announced its support for Zcash (ZEC). Native ZEC swap functionality will be rolled out in phases.

South Korean crypto exchanges Upbit and Bithumb have announced the delisting of Resolv (RESOLV), effective at 6:00 a.m. UTC on May 26. The exchanges stated that the foundation's response to an investment warning was insufficient to resolve the underlying issues. A comprehensive review found that the project failed to meet listing criteria regarding timely disclosures of important information and the transparency of its procedures.

Bitcoin's technical outlook has improved this week, but short-term uncertainty persists, with continued fund inflows being the key determinant for future price movements, according to an analysis by cryptocurrency financial services firm BIT, formerly known as Matrixport. The firm noted that BTC is currently rebounding near a key support level, with indicators like the Relative Strength Index (RSI) and MACD showing buy signals. However, trading volume remains insufficient, and a breakout above the 200-day moving average (MA) on the daily chart will be crucial. While continued inflows into spot ETFs and signs of increasing institutional investment are apparent, there is also potential for short-term profit-taking. For now, BIT suggests a wait-and-see approach is most effective, pending confirmation of a breakout above key resistance levels. For the medium to long term, investors could consider buying while monitoring improvements in technical indicators and fund flow trends, the firm explained.

Whale Alert reported that 200,000,000 USDT has been transferred from an unknown wallet to Binance. The transaction is valued at about $200 million.

Whale Alert reported that 270,601,294 USDC has been transferred from an unknown wallet to Binance. The transaction is valued at about $271 million.

OKX has announced it will list CHIP for spot trading at 9:00 a.m. UTC on April 24.

Whale Alert reported that 245,039,800 USDT has been transferred from Binance to Ceffu. The transaction is valued at about $245 million.

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: 50.03% long, 49.97% short - Binance: 49.34% long, 50.66% short - OKX: 49.75% long, 50.25% short - Bybit: 50.8% long, 49.2% short

South Korea's Judicial Policy Research Institute (JPRI) proposed in February that the country's Civil Code should be amended to legally recognize cryptocurrency as property, Digital Asset reported. The institute argued that under current law, virtual assets are not considered property, which can create problems in protecting holders. According to the JPRI, the concept of property can be expanded to reflect societal changes and the needs of modern commerce. It noted the increasing use of cryptocurrencies as a means of exchange and the corresponding rise in related transactions and legal disputes, concluding that virtual assets meet all the necessary criteria to be classified as property. The JPRI urged for more active discussions and the enactment of relevant legislation.

The U.S. Department of Justice has frozen $700 million in cryptocurrency as part of a crackdown on a Southeast Asian fraud ring, BeInCrypto reported. The DOJ indicted Chinese nationals Huang Xingshan and Zhang Wenzhe on charges of conspiracy to commit wire fraud. Authorities also blocked over 500 websites and Telegram channels related to fraudulent investment platforms.

Ark Investment, a cryptocurrency investment firm and spot Bitcoin ETF issuer, has analyzed in a new report that Bitcoin has not yet formed a bottom in the current cycle. The report highlights that holdings by long-term investors surged 69% during the first quarter, rising from 2.13 million BTC to 3.60 million BTC, the fastest rate of increase since 2020. This suggests that long-term holders absorbed supply during the price correction. However, Ark believes a true bottom has not been reached because the price has yet to break below the key range between the average investor's purchase price (realized price) of $54,000 and the long-term investor's average purchase price of $50,000.

South Korean crypto exchange Bithumb has announced that it will temporarily suspend withdrawals for Tottenham Hotspur (SPURS) starting at 12:00 a.m. UTC on April 27 to support the token's migration and swap.

Morgan Stanley has launched a Stablecoin Reserve Portfolio for stablecoin issuers, Cointelegraph reported. The product allows issuers to deposit reserves of $10 million or more into the firm's money market fund, MSNXX, to earn interest. The fund maintains stability and liquidity by investing in short-term government bonds and cash equivalents. This offering is designed to comply with the proposed GENIUS framework for stablecoin regulation.

Upbit announced it will temporarily suspend deposits and withdrawals for Injective (INJ) starting at 9:00 a.m. UTC on April 28 to support an upcoming network upgrade.

The spot Cumulative Volume Delta (CVD) chart analyzes the order book for the BTC/USDT spot pair. The top section shows a volume heatmap, while the bottom section displays the CVD. - The volume heatmap at the top tracks the volume of trades at specific price levels. The background color becomes brighter when the price lingers in a certain range or moves significantly. Areas with brighter colors may act as potential support or resistance levels. - The CVD indicator at the bottom represents 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.

The U.S. state of Wisconsin has filed a lawsuit against several prediction market operators, including Kalshi, Coinbase, Polymarket, Robinhood, and Crypto.com, CoinDesk reported. State authorities argue that the 'event contracts' offered on these platforms constitute gambling rather than investment products. The move comes as the U.S. Commodity Futures Trading Commission (CFTC) has recently sued three states, including Arizona, that regulate prediction markets. The CFTC contends that these markets fall under its jurisdiction as swap transactions. According to the report, Wisconsin's action could potentially escalate the jurisdictional dispute to the Supreme Court.

Market maker Jane Street has asked a U.S. court to dismiss a lawsuit from Terraform Labs regarding allegations of insider trading during the 2022 collapse of the Terra-LUNA ecosystem. According to Cointelegraph, the motion seeks a dismissal with prejudice, which would prevent Terraform Labs from refiling the same claims if granted. In its filing, Jane Street argued that it traded Terra-related tokens based on market signals, not inside information. Jane Street has previously faced allegations that it drove down the price of BTC through algorithmic selling at 10 a.m. U.S. time each day.

South Korea's KOSDAQ index hit a new intraday all-time high today, breaking the 1,200-point mark. The index is currently trading at 1,200.22, up 2.21% from yesterday. Meanwhile, the benchmark KOSPI index is trading at 6,442.84, down 0.51%. The KOSPI had set its own all-time high of 6,557.76 yesterday.

U.S. spot Ethereum ETFs recorded approximately $75.9 million (112.5 billion won) in net outflows on April 23, according to data compiled by Farside Investors. The shift marks the first day of net outflows following a 10-day streak of net inflows. The breakdown is as follows: - BlackRock ETHA: -$21 million - Fidelity FETH: -$51.3 million - Bitwise ETHW: -$3.3 million - 21Shares TETH: -$9.2 million - Grayscale ETHE: -$10.9 million - Grayscale Mini ETH: +$19.8 million

U.S. Bitcoin spot ETFs recorded net inflows of approximately $223 million on April 23, according to data from Farside Investors. This marks the eighth consecutive day of net inflows. - BlackRock's IBIT: +$167.5 million - Fidelity's FBTC: -$16.9 million - Morgan Stanley's MSBT: +$9.4 million - Bitwise's BITB: -$7.6 million - Ark Invest's ARKB: +$71.2 million - VanEck's HODL: -$5.5 million - Grayscale's BTC: +$5.2 million

Funds leaving the crypto lending protocol Aave have been moving to Spark, resulting in a net inflow of approximately $2.4 billion for the latter, Wu Blockchain reported. This amount corresponds to about 15% to 20% of Aave's total net outflow. At least 20 addresses have each deposited over $20 million into Spark. Additionally, funds have also migrated from other platforms, with $180 million moving from Mellow Finance and $88 million from Instadapp.

Bybit announced it will list BLEND for spot trading at 1:00 p.m. UTC on April 24.

Metaplanet, a publicly listed Japanese company accumulating Bitcoin, has issued 8 billion yen ($50 million) in zero-interest corporate bonds to fund additional BTC purchases, the company announced on its official X account. The bonds will be allocated to EVO Fund, Metaplanet's largest shareholder and a key capital partner, and the company is expected to use the proceeds to purchase BTC immediately. Metaplanet has repeatedly employed a strategy of issuing bonds to buy BTC, providing new stock warrants to EVO Fund, and then repaying the debt early.

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours: - BTC: $60.07 million liquidated (57.86% longs) - ETH: $54.04 million liquidated (74.64% longs) - SOL: $4.02 million liquidated (79.08% longs)