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28 Apr 2026, 02:41

Ripple partners with KBank to test blockchain remittances in Korea

🚨 Ripple seals a deal with KBank to pilot blockchain-based cross-border remittances in South Korea. The project uses a stablecoin instead of direct $XRP transfers for compliance. Continue Reading: Ripple partners with KBank to test blockchain remittances in Korea The post Ripple partners with KBank to test blockchain remittances in Korea appeared first on COINTURK NEWS .

28 Apr 2026, 02:40

Whale Loses $4.91M in Six Consecutive Liquidations: The Crushing Cost of Leverage

BitcoinWorld Whale Loses $4.91M in Six Consecutive Liquidations: The Crushing Cost of Leverage A cryptocurrency whale has lost $4.91 million after facing six consecutive liquidations on a massive 4,500 ETH long position. This event marks the largest on-chain liquidation of the day, according to Hyperinsight. The most recent liquidation involved a 25x leveraged long position on Ethereum. The platform forcibly sold 1,620 ETH at $2,250, causing a $3.67 million loss. The address still holds a long position worth $9.55 million. Whale Liquidation Event: A Deep Dive The whale address, starting with 0xe1d3, entered a high-risk trade. The trader used 25x leverage on Ethereum, amplifying both potential gains and losses. When the market moved against the position, the platform liquidated the collateral. This process repeated six times, erasing nearly $5 million. This liquidation event highlights the dangers of high leverage in volatile markets. Ethereum prices dropped sharply during the liquidation period. The price fell below $2,250, triggering the forced sale. Such rapid declines often catch over-leveraged traders off guard. The whale’s remaining $9.55 million position remains at risk if prices continue to fall. Market analysts warn that further drops could trigger additional liquidations. Understanding On-Chain Liquidations On-chain liquidations occur when a trader’s collateral falls below the required maintenance margin. Exchanges automatically sell the assets to cover the debt. This process happens without human intervention, making it fast and irreversible. The whale’s six consecutive liquidations demonstrate how quickly losses can accumulate. Key factors that contributed to this liquidation cascade include: High leverage: 25x leverage magnified the impact of price movements. Market volatility: Sudden price drops caught the position off guard. Large position size: 4,500 ETH created significant exposure. Lack of stop-losses: No automated risk management prevented the cascade. Liquidation cascades often trigger further selling pressure. This creates a feedback loop that depresses prices even more. Other traders holding long positions may also face liquidation risks. This event underscores the systemic risk of concentrated leveraged positions. The Largest On-Chain Liquidation of the Day Hyperinsight reported that this liquidation was the largest on-chain event of the day. The total loss of $4.91 million surpasses other major liquidations. The final liquidation alone accounted for $3.67 million of the total. This shows the concentrated nature of the losses. Comparatively, typical on-chain liquidations range from $100,000 to $500,000. A single event exceeding $3 million is rare. Such large liquidations often attract attention from traders and analysts. They signal extreme market stress and potential trend reversals. Data from on-chain analytics platforms reveals the whale’s trading history. The address had previously maintained profitable positions. However, the latest trade turned catastrophic. The address now holds a $9.55 million position, which remains under pressure. Ethereum Long Position: Risk and Reward An Ethereum long position bets on the price rising. Traders use leverage to increase their exposure without committing full capital. A 25x leverage means a 4% price drop can wipe out the entire position. In this case, Ethereum fell enough to trigger six separate liquidations. The whale’s remaining long position worth $9.55 million suggests confidence in a price recovery. However, market conditions remain uncertain. Ethereum faces resistance at $2,300 and support at $2,100. If prices break below support, further liquidations could occur. Key levels to watch for Ethereum include: Resistance: $2,300 and $2,400. Support: $2,100 and $2,000. Liquidation zone: Below $2,100 for this whale. Traders often monitor liquidation levels to anticipate market moves. Large liquidations can create buying or selling pressure. This event may attract short-term traders looking for volatility. Impact on the Broader Cryptocurrency Market Large liquidations often influence market sentiment. Traders may become cautious after seeing such losses. The event could discourage new traders from using high leverage. It also highlights the need for better risk management tools. The cryptocurrency market has seen several large liquidations in 2025. These events often coincide with periods of high volatility. Regulatory scrutiny also increases after such events. Policymakers may view them as evidence of market instability. Experts recommend using lower leverage and setting stop-loss orders. Diversification across assets can also reduce risk. The whale’s experience serves as a cautionary tale for all traders. The market remains highly unpredictable, especially for leveraged positions. Expert Insights on Leverage and Risk Financial analysts emphasize the importance of understanding leverage. High leverage can amplify gains but also losses. Many professional traders use leverage ratios below 5x. The whale’s 25x leverage was extremely aggressive. Risk management strategies include: Setting stop-loss orders: Automatically exit positions at a predetermined price. Using lower leverage: Reduce exposure to sudden price swings. Monitoring margin levels: Keep collateral well above maintenance requirements. Diversifying positions: Spread risk across multiple assets. The whale’s failure to use these strategies led to the $4.91 million loss. Other traders can learn from this mistake. The event reinforces the need for disciplined trading practices. Conclusion The whale liquidation of $4.91 million on a 4,500 ETH long position underscores the dangers of high leverage in cryptocurrency trading. Six consecutive liquidations erased nearly $5 million from the trader’s account. The remaining $9.55 million position remains vulnerable to further market declines. This event serves as a stark reminder of the risks involved in leveraged trading. Traders must prioritize risk management to avoid similar catastrophic losses. The market will continue to watch this whale’s next moves closely. FAQs Q1: What is a whale liquidation in cryptocurrency? A whale liquidation occurs when a large trader’s leveraged position is forcibly closed by an exchange due to insufficient collateral. This often results in significant losses for the trader. Q2: How did the whale lose $4.91 million? The whale lost $4.91 million through six consecutive liquidations on a 4,500 ETH long position with 25x leverage. The final liquidation alone caused a $3.67 million loss. Q3: What is a 25x leveraged long position? A 25x leveraged long position means the trader borrows 25 times their capital to buy an asset. A 4% price drop can wipe out the entire investment. Q4: Why are on-chain liquidations important? On-chain liquidations provide transparent data about forced sales in the cryptocurrency market. They help traders understand market stress and potential price movements. Q5: Can the whale recover from this loss? The whale still holds a $9.55 million long position. Recovery depends on Ethereum’s price rising above the liquidation levels. However, further drops could lead to additional losses. This post Whale Loses $4.91M in Six Consecutive Liquidations: The Crushing Cost of Leverage first appeared on BitcoinWorld .

28 Apr 2026, 02:19

Bitcoin Price Turns Lower After Rejection, Downside Pressure Builds

Bitcoin price started a fresh decline from the $79,500 zone. BTC is consolidating and might struggle to stay above the $76,500 support. Bitcoin failed to stay above $78,500 and corrected gains. The price is trading below $78,000 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance at $77,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $77,600 and $78,000 levels. Bitcoin Price Dips Again Bitcoin price failed to stay above the $78,500 resistance zone . BTC formed a top near $79,500 and started a fresh decline. There was a move below the $78,000 level. The price dipped below the $77,500 and $77,000 levels. A low was formed at $76,480 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the downward move from the $79,481 swing high to the $76,480 low. Bitcoin is now trading below $78,000 and the 100 hourly simple moving average . If the price remains stable above $76,500, it could attempt a fresh increase. Immediate resistance is near the $77,300 level. The first key resistance is near the $77,600 level. There is also a connecting bearish trend line forming with resistance at $77,600 on the hourly chart of the BTC/USD pair. A close above the $77,600 resistance might send the price further higher. In the stated case, the price could rise and test the $78,000 resistance and the 50% Fib retracement level of the downward move from the $79,481 swing high to the $76,480 low. Any more gains might send the price toward the $78,500 level. The next barrier for the bulls could be $78,800. Downside Continuation In BTC? If Bitcoin fails to rise above the $77,600 resistance zone, it could start another decline. Immediate support is near the $76,750 level. The first major support is near the $76,500 level. The next support is now near the $75,500 zone. Any more losses might send the price toward the $74,200 support in the near term. The main support now sits at $73,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $76,500, followed by $75,500. Major Resistance Levels – $77,600 and $78,000.

28 Apr 2026, 02:19

Western Union to launch USDPT stablecoin on Solana next month

🚀 Western Union will launch its USDPT stablecoin next month in $SOLANA. The token will first enable fast global settlements for partners, not consumers. Continue Reading: Western Union to launch USDPT stablecoin on Solana next month The post Western Union to launch USDPT stablecoin on Solana next month appeared first on COINTURK NEWS .

28 Apr 2026, 02:15

Bitcoin Rebound Predicted by Arthur Hayes: $125K Target Amid Wartime Inflation Surge

BitcoinWorld Bitcoin Rebound Predicted by Arthur Hayes: $125K Target Amid Wartime Inflation Surge BitMEX co-founder Arthur Hayes has issued a bold forecast for a Bitcoin rebound, targeting a price of $125,000. Speaking at the Bitcoin 2026 conference, Hayes argued that the cryptocurrency is poised for a significant recovery driven by wartime inflation and recent regulatory changes. This prediction comes after a period of decline for Bitcoin, which Hayes attributes to job losses in the knowledge sector due to AI advancements. Arthur Hayes Bitcoin Rebound Analysis Hayes explained that Bitcoin’s recent drop from its peak was linked to a credit contraction caused by widespread job losses among knowledge workers. The spread of AI technology, he noted, reduced consumer spending and tightened credit markets. However, the market’s focus has now shifted dramatically since the outbreak of the U.S.-Iran war in February. This geopolitical event has redirected attention from an AI-driven recession to wartime inflation, allowing Bitcoin to start outperforming the Nasdaq again. According to Hayes, the shift in market dynamics is critical. Wartime inflation typically drives investors toward hard assets like Bitcoin, which are seen as hedges against currency devaluation. This change in sentiment provides a foundation for the predicted Bitcoin rebound. Impact of Fed Policies and Bank Regulations on BTC Hayes dismissed concerns about the hawkish stance of Fed Chair nominee Washi. He argued that the Federal Reserve’s tightening measures have a minimal effect on actual liquidity. Instead, he highlighted the easing of bank regulations implemented in April, specifically the Supplementary Leverage Ratio (eSLR) changes. These regulatory adjustments are expected to create approximately $1.3 trillion in new lending capacity. This massive injection of funds, combined with wartime defense spending, will offset the economic downturn caused by AI, Hayes stated. The liquidity boost from bank deregulation provides a strong tailwind for risk assets, including Bitcoin. The combination of fiscal stimulus and monetary easing creates an environment where Bitcoin can thrive. Key Factors Driving the BTC Price Target Wartime inflation: Increased government spending on defense fuels price rises, benefiting hard assets. Bank deregulation: The eSLR changes unlock trillions in lending capacity, boosting liquidity. AI recession offset: Fiscal and monetary measures counteract job losses from automation. Market sentiment shift: Investors rotate from tech stocks to Bitcoin as a safe haven. Hayes emphasized that the liquidity bottom has been confirmed. This means the worst of the credit contraction is over, and the market is now entering a phase of expansion. The $125,000 price target for Bitcoin reflects this new reality. Wartime Inflation and Cryptocurrency Market Dynamics The U.S.-Iran war has fundamentally altered the macroeconomic landscape. Historically, conflicts drive up inflation as governments increase spending on military operations. This inflationary pressure erodes the value of fiat currencies, making Bitcoin an attractive alternative. The cryptocurrency’s fixed supply of 21 million coins positions it as a digital gold, immune to central bank printing. Hayes’s analysis aligns with historical patterns. During periods of geopolitical instability, Bitcoin has often rallied as investors seek assets outside traditional financial systems. The current conflict is no exception, with Bitcoin already showing signs of decoupling from the Nasdaq. This trend supports the Bitcoin rebound narrative. Comparison: Bitcoin vs. Nasdaq Performance Period Bitcoin Performance Nasdaq Performance Pre-war (2025) -15% -8% Post-war (Feb 2026) +22% +5% The data shows a clear divergence. Bitcoin has outperformed the Nasdaq since the war began, confirming Hayes’s thesis. This outperformance is likely to continue as inflationary pressures mount. Expert Insights on BTC Price Prediction Arthur Hayes’s track record adds weight to his predictions. As a co-founder of BitMEX, he has deep experience in cryptocurrency markets. His analysis of liquidity cycles has proven accurate in the past. For instance, Hayes correctly predicted the 2021 bull run and the 2022 crash. His current forecast for a Bitcoin rebound to $125,000 is based on a detailed understanding of monetary policy and market psychology. Hayes also noted that the easing of bank regulations is a game-changer. The $1.3 trillion in new lending capacity will flow into the economy, boosting asset prices. Bitcoin, as a high-beta asset, stands to benefit the most. This injection of liquidity is the primary driver behind the $125K target. Conclusion Arthur Hayes’s prediction of a Bitcoin rebound to $125,000 is grounded in a confluence of factors: wartime inflation, bank deregulation, and a confirmed liquidity bottom. The shift from an AI-driven recession to a wartime economy has repositioned Bitcoin as a leading asset. Investors should monitor these macroeconomic trends closely. The Bitcoin rebound appears to be gaining momentum, with the $125K target within reach. FAQs Q1: What is Arthur Hayes’s Bitcoin price target? Arthur Hayes predicts a Bitcoin rebound to $125,000, driven by wartime inflation and bank deregulation. Q2: Why does Hayes believe Bitcoin will rebound? He cites a shift from AI-driven recession to wartime inflation, plus $1.3 trillion in new lending capacity from eased bank regulations. Q3: How does the U.S.-Iran war affect Bitcoin? The war fuels inflation, which benefits hard assets like Bitcoin as investors seek hedges against currency devaluation. Q4: What is the eSLR change? The Supplementary Leverage Ratio (eSLR) easing in April frees up bank capital, creating about $1.3 trillion in lending capacity. Q5: Is Hayes’s prediction reliable? Hayes has a strong track record in predicting market cycles, adding credibility to his $125K Bitcoin target. This post Bitcoin Rebound Predicted by Arthur Hayes: $125K Target Amid Wartime Inflation Surge first appeared on BitcoinWorld .

28 Apr 2026, 02:12

Western Union launches USDPT stablecoin on Solana in July

🚀 Western Union launches its USDPT stablecoin on Solana in July. USDPT will first be used for instant settlements between partners, not for consumers. 🟢 Critical data: The $USDPT launch marks a major move into on-chain payments amid fast-growing stablecoin markets. Continue Reading: Western Union launches USDPT stablecoin on Solana in July The post Western Union launches USDPT stablecoin on Solana in July appeared first on COINTURK NEWS .