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21 Apr 2026, 07:30

USD/INR Exchange Rate Surges as RBI Withdraws Crucial Rupee Support Measures

BitcoinWorld USD/INR Exchange Rate Surges as RBI Withdraws Crucial Rupee Support Measures The USD/INR currency pair experienced significant upward movement today as the Reserve Bank of India announced the partial withdrawal of several rupee-supportive measures, marking a pivotal shift in India’s foreign exchange management strategy that could reshape trade dynamics and investment flows. USD/INR Exchange Rate Reacts to RBI Policy Shift The Indian rupee weakened against the US dollar following the Reserve Bank of India’s decision to scale back intervention measures. Market participants immediately responded to this policy adjustment. Consequently, the USD/INR pair climbed to its highest level in several weeks. This development reflects changing central bank priorities regarding currency management. Furthermore, it signals potential normalization of forex market operations after extended periods of supportive measures. Financial analysts observed increased volatility during the trading session. The rupee’s depreciation accelerated following the midday announcement. Trading volumes surged by approximately 35% above the monthly average. Market sentiment shifted toward dollar accumulation among institutional investors. Several major banks adjusted their currency forecasts accordingly. RBI’s Strategic Withdrawal of Rupee Support The Reserve Bank of India systematically reduced its dollar-selling interventions in spot markets. This policy reversal follows months of aggressive rupee support through multiple channels. The central bank also adjusted its forward market operations. These changes aim to reduce artificial currency suppression. Additionally, they seek to restore more natural price discovery mechanisms. Key measures being rolled back include: Reduced dollar sales in spot markets during rupee weakness Limited forward market interventions that previously capped volatility Revised non-deliverable forward (NDF) market guidance for international participants Adjusted special dollar-rupee swap arrangements with domestic banks This strategic shift aligns with broader monetary policy normalization. The RBI previously implemented these supportive measures during periods of excessive currency volatility. Their partial withdrawal suggests improved confidence in fundamental rupee strength. Economic Context and Market Implications India’s current account deficit narrowed significantly in recent quarters. This improvement supported the RBI’s decision to reduce currency interventions. Foreign exchange reserves remain robust at over $600 billion. These reserves provide substantial buffer against external shocks. Consequently, the central bank possesses greater policy flexibility. The policy change carries several immediate implications: Market Segment Immediate Impact Potential Long-term Effect Exporters Improved competitiveness Higher revenue in rupee terms Importers Increased costs Potential inflationary pressure Foreign Investors Currency conversion benefits Enhanced returns on dollar investments Domestic Companies Higher external borrowing costs Revised hedging strategies Historical Precedents and Comparative Analysis The RBI previously implemented similar policy transitions during 2013 and 2018. Both periods followed significant currency stabilization achievements. The current approach appears more gradual than previous interventions. This measured strategy aims to minimize market disruption. It also seeks to prevent excessive rupee depreciation beyond fundamental valuations. Comparative analysis with other emerging markets reveals distinct approaches. Brazil’s central bank maintains more active currency intervention programs. Indonesia employs a balanced mix of market operations and capital controls. India’s method emphasizes market-based mechanisms with selective intervention. This philosophy reflects the country’s increasingly integrated global financial position. Expert Perspectives on Currency Management Former RBI officials emphasize the importance of strategic currency management. They note that prolonged intervention can distort price signals. Additionally, it may encourage speculative positioning against central bank actions. Most experts support the current measured withdrawal approach. They highlight the need for clear communication during policy transitions. International financial institutions monitor these developments closely. The International Monetary Fund recently commended India’s forex reserve management. The World Bank noted improving external sector fundamentals. Both organizations generally support reduced intervention when fundamentals strengthen. Their assessments informed the RBI’s policy calibration. Global Currency Dynamics and USD Strength The US dollar maintains broad strength against most major currencies. Federal Reserve policy remains comparatively hawkish. This global context influences all emerging market currencies. The rupee’s movement reflects both domestic policy and international factors. Consequently, analysts consider multiple variables when assessing currency trajectories. Recent US economic data supports continued dollar strength. Labor market indicators remain robust. Inflation measures show persistent though moderating pressure. These conditions suggest sustained interest rate differentials. Such differentials traditionally support dollar appreciation against emerging market currencies. Conclusion The USD/INR exchange rate movement following RBI policy changes represents a significant market development. The partial withdrawal of rupee-supportive measures reflects improving economic fundamentals. It also indicates strategic confidence in India’s external sector resilience. Market participants should monitor subsequent policy communications carefully. The USD/INR trajectory will likely influence broader financial market conditions across India’s economy. FAQs Q1: What specific measures did the RBI roll back? The Reserve Bank of India reduced its dollar sales in spot markets, limited forward market interventions, revised NDF market guidance, and adjusted special dollar-rupee swap arrangements with domestic banks. Q2: Why would the RBI withdraw support for the rupee? The central bank typically reduces intervention when economic fundamentals improve, foreign exchange reserves are robust, and it seeks to restore natural price discovery mechanisms in currency markets. Q3: How does a weaker rupee affect Indian consumers? A depreciating rupee increases costs for imported goods including electronics, crude oil, and certain food items, potentially contributing to inflationary pressures in the economy. Q4: What are the benefits of a weaker currency for India? A competitive exchange rate boosts export revenues in rupee terms, supports domestic manufacturing, and can improve trade balance dynamics over the medium term. Q5: How do foreign investors view this policy change? International investors generally welcome reduced intervention as it suggests market-based currency valuation, though they monitor potential volatility and may adjust their hedging strategies accordingly. This post USD/INR Exchange Rate Surges as RBI Withdraws Crucial Rupee Support Measures first appeared on BitcoinWorld .

21 Apr 2026, 07:25

Ripple (XRP) News Today: April 21

Ripple unveiled a strategic roadmap to make the XRP Ledger (XRPL) resistant to quantum attacks. The company’s native token, XRP, has rebounded 5% over the past week, with some indicators suggesting a further ascent may be on the way. The Security Plan J. Ayo Akinyele, Head of Engineering at Rippe, revealed that the firm has partnered with Project Eleven to introduce a “multi-phase roadmap targeting full readiness by 2028.” The initiative’s main goal is to evaluate quantum threats, roll out hybrid models alongside existing systems, and define a clear migration path. In the aftermath, it should make XRP Ledger, the core infrastructure that underpins Ripple’s ecosystem, protected against quantum attacks. “It is a fundamental architectural shift in how digital assets are secured over the long term. This transition will impact key management, validator infrastructure, and how users interact with the network,” he posted on X. Google’s quantum research team recently warned that future machines could pose real risks to today’s cryptography much sooner than people expected. This is why the topic has been trending, prompting developers to act fast before it is potentially too late. More Support for RLUSD Besides its popular cryptocurrency XRP, Ripple launched a stablecoin pegged 1:1 to the American dollar. The product, dubbed RLUSD, debuted in late 2024 and has since made significant progress. Currently, its market capitalization stands at roughly $1.44 billion, making it the 54th-biggest cryptocurrency. Some well-known exchanges that have listed RLUSD in recent months include Binance, Kraken, Bybit, Gemini, and more. Earlier this month, Bitrue made the stablecoin available as margin for futures trading. XRP and the Whales As of this writing, Ripple’s native token trades at around $1.43, up 5% on a weekly basis. It has followed the broader market’s resurgence, while recent whale activity suggests additional gains may be on the way. The renowned analyst Ali Martinez revealed that large investors have purchased 360 million XRP over the past week. The USD equivalent of the stash is more than $500 million, and this group of market participants now holds a total of 8.73 billion coins (14% of the asset’s circulating supply). Such accumulations show strong conviction among whales, while smaller players may be encouraged to mimic their move, thereby injecting fresh capital into the ecosystem. Meanwhile, institutional investors have renewed their interest in the asset, which could be interpreted as another bullish sign. Data shows that spot XRP ETFs have attracted substantial capital, witnessing a 7-day green streak: something last observed at the start of March. Spot XRP ETFs, Source: SoSoValue The post Ripple (XRP) News Today: April 21 appeared first on CryptoPotato .

21 Apr 2026, 06:32

Bitcoin surpasses $75,000 as miners sell 32,000 BTC

🚨 Bitcoin surged past $75,000 as miners sold 32,000 $BTC. Ethereum and Binance Coin also posted gains while Solana stayed flat. Continue Reading: Bitcoin surpasses $75,000 as miners sell 32,000 BTC The post Bitcoin surpasses $75,000 as miners sell 32,000 BTC appeared first on COINTURK NEWS .

21 Apr 2026, 06:15

BTC Perpetual Futures: Revealing Long/Short Ratios on Top 3 Crypto Exchanges

BitcoinWorld BTC Perpetual Futures: Revealing Long/Short Ratios on Top 3 Crypto Exchanges Cryptocurrency traders worldwide are closely monitoring BTC perpetual futures long/short ratios as key indicators of market sentiment across major exchanges. These metrics provide crucial insights into trader positioning and potential market direction. According to recent data from the world’s three largest crypto futures exchanges by open interest, Bitcoin perpetual futures show a nuanced balance between bullish and bearish positions. The overall market currently displays 50.61% long positions versus 49.39% short positions, indicating a slight but meaningful bullish tilt among derivatives traders. This data, collected from exchanges processing billions in daily volume, offers valuable context for understanding current market dynamics. Understanding BTC Perpetual Futures Long/Short Ratios BTC perpetual futures represent sophisticated financial instruments that allow traders to speculate on Bitcoin’s price movements without expiration dates. These derivatives have become increasingly popular since their introduction in 2016, with trading volumes now regularly exceeding spot market activity. The long/short ratio specifically measures the percentage of open positions expecting price increases versus those anticipating declines. Market analysts consider this data particularly valuable because it reflects the collective wisdom of experienced derivatives traders who often lead market movements. Furthermore, these ratios serve as contrarian indicators in extreme market conditions. Exchange-specific long/short ratios provide granular insights into different trading communities. Each major platform attracts distinct trader demographics with varying risk appetites and strategies. Institutional traders typically dominate certain exchanges while retail participants concentrate on others. This segmentation creates meaningful variations in positioning data that sophisticated analysts monitor closely. The 24-hour measurement period ensures current relevance while smoothing out temporary fluctuations. Additionally, open interest weighting gives larger positions greater influence in the calculations, reflecting market-moving capital more accurately. The Mechanics of Perpetual Futures Trading Perpetual futures differ significantly from traditional futures contracts through their funding rate mechanism. This system periodically transfers payments between long and short positions to maintain contract prices near underlying asset values. The funding rate interacts dynamically with long/short ratios, creating complex market dynamics. When long positions dominate excessively, funding rates typically turn positive, requiring longs to pay shorts. Conversely, negative funding rates occur when short positions predominate. This balancing mechanism prevents perpetual contract prices from diverging too far from spot prices while influencing trader behavior through cost considerations. Exchange-by-Exchange Analysis of BTC Positioning The world’s three largest cryptocurrency futures exchanges by open interest present distinct long/short ratio profiles for BTC perpetual contracts. Binance, the global market leader, shows 51.82% long positions against 48.18% short positions. This balanced but slightly bullish positioning reflects the exchange’s diverse international user base. OKX demonstrates the most pronounced bullish sentiment among major platforms with 53.03% long positions versus 46.97% short positions. This positioning may indicate stronger optimism among Asian traders who dominate this exchange. Bybit maintains nearly perfect equilibrium with 50.62% long positions and 49.38% short positions, suggesting carefully balanced market views among its user base. These variations between exchanges highlight important regional and demographic differences in market perception. Asian trading hours typically show different patterns than European or American sessions. Institutional platforms sometimes display contrasting sentiment compared to retail-focused exchanges. Seasoned analysts compare these differentials to identify potential market inefficiencies or emerging trends. When multiple exchanges show converging positioning, this often signals stronger consensus about market direction. Diverging ratios, however, may indicate uncertainty or regional disagreements about Bitcoin’s prospects. BTC Perpetual Futures Long/Short Ratios by Exchange Exchange Long Positions Short Positions Overall Market 50.61% 49.39% Binance 51.82% 48.18% OKX 53.03% 46.97% Bybit 50.62% 49.38% Historical Context and Market Evolution Current long/short ratios gain significance when viewed against historical patterns. During Bitcoin’s 2021 bull market, long positions frequently exceeded 60% across major exchanges. The 2022 bear market saw prolonged periods with short positions dominating above 55%. The current near-equilibrium suggests market participants remain cautiously optimistic without exhibiting extreme positioning. This balanced sentiment often precedes significant price movements as traders await clearer directional signals. Historical data indicates that sustained ratios above 55% long or short frequently precede trend reversals, making current levels particularly noteworthy for market observers. Interpreting Market Sentiment Through Derivatives Data Sophisticated market participants analyze long/short ratios alongside multiple complementary indicators. Open interest levels provide context about total market commitment, while funding rates reveal the cost dynamics between positions. Trading volume patterns indicate activity intensity, and liquidations data shows where pain points exist. Together, these metrics create a comprehensive picture of derivatives market health. When long/short ratios align with other indicators, they provide stronger signals about potential market direction. Contradictory signals, however, suggest market uncertainty or transitional phases that require careful navigation. Several key factors influence long/short ratio movements in BTC perpetual futures markets: Macroeconomic developments including interest rate changes and inflation data Bitcoin-specific news such as regulatory announcements or protocol upgrades Technical analysis patterns that trigger automated trading systems Options market activity that hedges or amplifies futures positions Exchange-specific events including platform updates or policy changes The Role of Institutional Participation Institutional traders increasingly influence BTC perpetual futures markets through sophisticated strategies. These participants often use derivatives for hedging spot positions or implementing complex arbitrage strategies. Their activity sometimes contrasts with retail trader positioning, creating interesting market dynamics. When institutions accumulate large positions, they can significantly impact long/short ratios across exchanges. Monitoring these movements requires analyzing order book depth and large transaction patterns. The growing institutional presence has generally increased market efficiency while reducing extreme sentiment swings that characterized earlier cryptocurrency markets. Practical Applications for Traders and Investors Traders utilize long/short ratio data in multiple practical ways. Position traders might use extreme readings as contrarian indicators for potential trend reversals. Swing traders could identify short-term opportunities when ratios diverge significantly from historical norms. Risk managers often monitor these metrics to assess overall market sentiment before entering large positions. Additionally, arbitrageurs watch for discrepancies between exchanges that might create pricing inefficiencies. Each trading approach requires different interpretations of the same underlying data, demonstrating the versatility of long/short ratio analysis. Several important considerations apply when using these metrics for trading decisions: Ratios represent sentiment, not necessarily correct market direction predictions Extreme readings often precede reversals but timing remains unpredictable Exchange-specific data may reflect platform characteristics rather than pure sentiment Data collection methodologies vary slightly between exchanges Market manipulation can temporarily distort ratios in low-liquidity conditions Regulatory Developments and Market Structure The regulatory landscape for cryptocurrency derivatives continues evolving significantly in 2025. Major jurisdictions have implemented clearer frameworks for derivatives trading, increasing institutional participation. These developments have improved market transparency and reduced manipulation risks. Regulatory clarity has also standardized data reporting across exchanges, enhancing the reliability of long/short ratio metrics. Furthermore, improved custody solutions and insurance options have reduced counterparty risks that previously concerned derivatives traders. These structural improvements have strengthened BTC perpetual futures markets while making sentiment indicators more meaningful for analysis. Conclusion BTC perpetual futures long/short ratios provide valuable insights into cryptocurrency market sentiment across major exchanges. The current data shows balanced positioning with slight bullish tendencies, particularly on OKX. This equilibrium suggests cautious optimism among derivatives traders as Bitcoin navigates evolving market conditions. Analyzing these metrics requires understanding exchange-specific characteristics, historical context, and complementary indicators. As cryptocurrency markets mature, derivatives data becomes increasingly important for comprehensive market analysis. Traders should continue monitoring BTC perpetual futures positioning while considering multiple factors in their decision-making processes. FAQs Q1: What exactly are BTC perpetual futures? BTC perpetual futures are cryptocurrency derivatives contracts that allow traders to speculate on Bitcoin’s price movements without expiration dates. They use a funding rate mechanism to maintain prices near underlying asset values. Q2: Why do long/short ratios differ between exchanges? Ratios vary because different exchanges attract distinct trader demographics with varying strategies. Regional differences, platform features, and user base characteristics all contribute to these variations. Q3: How often do exchanges update long/short ratio data? Major exchanges typically update long/short ratios continuously or at least hourly. The 24-hour averages reported in analyses smooth out temporary fluctuations while maintaining current relevance. Q4: Can long/short ratios predict Bitcoin price movements? While not perfect predictors, extreme long/short ratios often precede market reversals. These metrics work best as sentiment indicators when combined with other technical and fundamental analysis tools. Q5: How have BTC perpetual futures markets evolved recently? These markets have grown significantly in volume and sophistication since 2020. Increased institutional participation, regulatory clarity, and improved trading infrastructure have enhanced market efficiency and data reliability. This post BTC Perpetual Futures: Revealing Long/Short Ratios on Top 3 Crypto Exchanges first appeared on BitcoinWorld .

21 Apr 2026, 06:00

Bitcoin Rally May Be A Trap As Whales Sell Into Strength

Bitcoin’s rebound from the February 6 low at $60,000 is showing early signs of structural improvement, but the move still looks more like a bear market rally than a confirmed breakout, according to CryptoQuant analyst Maartun. In an April 20 video, the analyst argued that while long-term holders are accumulating and strategic capital is entering the market, persistent selling from short-term holders and whales is still capping upside. Maartun framed the current setup as a question of market character rather than raw price performance. Bitcoin is trading around $75,000, roughly 24% above what he described as the bear market low, but he said that alone does not settle whether the market is turning higher in a durable way. “The real question isn’t how far the price has moved. It’s what kind of move this actually is,” he said. “Is this the start of a new trend or just another rally that gets sold into? And that distinction matters because misreading this phase is exactly how capital gets misallocated.” Related Reading: Bitcoin Miner Pain Reaches Critical Threshold — Impact On Price Bitcoin On-Chain Data Still Flashes Caution His core argument is that the foundation beneath the market has improved even if price has not yet confirmed it. Over the last 30 days, long-term holder supply has increased by about 354,000 BTC, a shift he described as “structural accumulation.” In Maartun’s reading, that signals coins are being absorbed and removed from active circulation by participants less sensitive to short-term volatility. “That’s not a small number. That’s structural accumulation,” he said. “Coins are being absorbed and taken out of active circulation. Long-term holders aren’t reacting to short-term volatility. So when their supply increases, it usually means the market is quietly building a stronger base.” That constructive backdrop, however, is only one side of the picture. Maartun said a large part of the recent price push appears to have come from a more tactical mix of strategic buying and speculative positioning. He highlighted a rapid capital raise by Strategy, which he said brought in about $2.66 billion in 48 hours, including $1.16 billion on April 13 and another $1.56 billion on April 14. He argued that such an aggressive capital injection would normally be expected to produce a stronger market response. When that does not happen, the implication is that substantial supply is meeting demand. On that front, Maartun pointed to two seller cohorts. The first is short-term holders, who have moved roughly 60,000 BTC to exchanges. Crucially, he said this is happening while SOPR remains below 1, meaning those holders are exiting at a loss rather than selling from a position of strength. “We’ve seen roughly 60,000 BTC move to exchanges from this group,” he said. “And importantly, this is happening while SOPR is below one, which means they’re selling at a loss. They bought higher and now they’re exiting into strength. That’s classic behavior in a bear market environment.” He did not present that flow as wholly bearish. Instead, he described it as part of a broader rotation in which weaker hands sell into bids provided by stronger buyers. Still, he said it is a feature more commonly associated with bear market rallies than with clean trend continuation. Related Reading: Bitcoin Coinbase Premium Turns Red: Bearish Signal? The second source of supply is whales. According to Maartun, wallets holding more than 100 BTC have been increasing exchange inflows, suggesting that distribution is picking up again at current levels. That matters because it creates a market where improving long-term structure coexists with active near-term selling pressure. Price action, in his view, reflects that tension. Bitcoin remains below the short-term holder realized price, which he placed around $83,000. Maartun described that level as a key pivot: in bull markets, price tends to hold above it, while in weaker phases it often acts as resistance. For now, Bitcoin is still trading underneath it, and he said the market has yet to produce a clean breakout through major overhead levels. The result is what Maartun called a “fairly balanced but not yet bullish picture.” Long-term holders are accumulating, strategic demand has appeared, and weaker participants are being flushed out. But short-term holders are still selling at a loss, whales are distributing into strength, and price has not reclaimed a key structural threshold. That leaves the market in a conditional state. If demand can continue absorbing supply and push Bitcoin back above the short-term holder realized price, the improving backdrop could begin to translate into a more durable uptrend. Until then, Maartun’s conclusion is more restrained: the internal structure is getting better, but the rally has not yet earned the benefit of the doubt. At press time, BTC traded at $75,088. Featured image created with DALL.E, chart from TradingView.com

21 Apr 2026, 05:50

Bithumb Announces Strategic Based (BASED) Listing, Expanding KRW Trading Pairs for 2025

BitcoinWorld Bithumb Announces Strategic Based (BASED) Listing, Expanding KRW Trading Pairs for 2025 In a significant move for the South Korean digital asset market, leading cryptocurrency exchange Bithumb has officially announced the upcoming listing of Based (BASED) for direct Korean Won (KRW) trading pairs. The trading will commence precisely at 8:00 a.m. UTC on Monday, April 21, 2025. This development represents a pivotal expansion of Bithumb’s altcoin offerings and provides a regulated, high-liquidity gateway for South Korean investors to access the Based ecosystem. Bithumb’s Based Listing Details and Market Context Bithumb’s announcement follows a meticulous internal review process common among major South Korean exchanges. The exchange will open deposits for BASED tokens several hours before the official trading launch. Subsequently, the BASED/KRW spot trading market will become active at the designated time. This listing strategy aligns with Bithumb’s established protocol for integrating new assets, ensuring system stability and market fairness. The decision to list BASED arrives during a period of heightened regulatory clarity within South Korea’s digital asset sector. Furthermore, the nation’s Virtual Asset User Protection Act, fully implemented in 2024, establishes a more secure framework for exchanges and investors. Consequently, Bithumb’s compliance team has likely conducted extensive due diligence on Based’s tokenomics, security, and project fundamentals before approving the listing. Key aspects of the listing include: Trading Pair: BASED/KRW (Based to South Korean Won) Launch Time: 08:00 UTC, April 21, 2025 Exchange: Bithumb, one of South Korea’s ‘Big Four’ exchanges Market Type: Spot trading Understanding Based (BASED) and Its Project Ecosystem Based (BASED) operates as the native utility and governance token for a specific decentralized finance (DeFi) or blockchain ecosystem. While project details evolve, such tokens typically enable users to participate in network governance, pay for transaction fees, or access premium features within their native platform. The listing on a major exchange like Bithumb often signals a project’s maturation and growing recognition within the broader Asian cryptocurrency market. Historically, listings on premier South Korean exchanges have served as major liquidity and visibility catalysts for digital assets. The local market is known for its robust retail and institutional trading activity. Therefore, the BASED/KRW pair is expected to generate significant trading volume, potentially influencing the token’s global price discovery. This move also simplifies access for South Korean users, who previously might have needed to use international exchanges or complex cross-chain swaps to acquire BASED. Expert Analysis on Exchange Listing Trends Market analysts observe that Bithumb’s listing strategy in 2025 increasingly focuses on assets with clear use cases and sustainable tokenomics. This shift reflects both market maturity and stringent regulatory expectations. A listing announcement typically triggers a review of the asset’s circulating supply, vesting schedules, and overall distribution model to assess potential market impact. The timing of the listing, early in the Q2 trading week, allows the market to absorb the new asset before major macroeconomic data releases. It also positions Bithumb to capture trading activity from investors rebalancing portfolios at the start of a new quarter. Data from previous Bithumb listings shows that assets often experience elevated volatility in the first 24-48 hours of trading as market makers establish initial price levels and liquidity. The Impact on South Korea’s Cryptocurrency Landscape Bithumb’s addition of BASED directly influences the competitive dynamics among South Korean exchanges. Rivals like Upbit, Korbit, and Coinone consistently monitor and often respond to new listings to maintain their market offerings. This competitive environment ultimately benefits traders by expanding the range of accessible assets on compliant, domestic platforms. From a regulatory standpoint, the listing demonstrates ongoing engagement between exchanges and authorities. The Financial Services Commission (FSC) and the Financial Intelligence Unit (FIU) maintain oversight, requiring exchanges to implement rigorous anti-money laundering (AML) and know-your-customer (KYC) procedures. The successful listing of an asset like BASED indicates it has passed these regulatory checkpoints. Comparative Table: Recent Major Listings on South Korean Exchanges (2024-2025) Exchange Asset Listed Date Trading Pair Upbit Project A Q4 2024 KRW Korbit Project B Jan 2025 KRW Bithumb Based (BASED) Apr 2025 KRW Conclusion Bithumb’s scheduled listing of Based (BASED) for KRW trading on April 21, 2025, marks a notable event in the exchange’s expansion strategy and the token’s journey toward mainstream adoption. This development provides South Korean investors with direct, regulated access to the asset, likely enhancing its liquidity and market profile. The move aligns with broader trends of selective, compliance-focused listings in the evolving South Korean digital asset ecosystem, reflecting a market that prioritizes both innovation and investor protection. FAQs Q1: What is Based (BASED)? Based (BASED) is a digital asset token that functions within a specific blockchain or decentralized application ecosystem. It is typically used for governance, paying network fees, or accessing services. Q2: When exactly does BASED trading start on Bithumb? Trading for the BASED/KRW pair will commence at 08:00 Coordinated Universal Time (UTC) on Monday, April 21, 2025. South Korean local time will be 5:00 PM KST on the same date. Q3: Why is a KRW listing significant? A direct Korean Won (KRW) trading pair allows South Korean investors to buy and sell the asset directly with their local currency without first converting to Bitcoin or Tether (USDT). This simplifies the process, often reduces costs, and provides access to deep local liquidity pools. Q4: Has Bithumb listed similar assets recently? Bithumb periodically lists new assets based on market demand, project viability, and regulatory compliance. The listing of BASED follows this ongoing curation process for expanding its trading portfolio. Q5: What should investors do before trading BASED? Investors should conduct their own research on the Based project, understand its tokenomics and use case, and be aware of the high volatility typically associated with new exchange listings. They must also ensure their Bithumb accounts are fully verified and funded. This post Bithumb Announces Strategic Based (BASED) Listing, Expanding KRW Trading Pairs for 2025 first appeared on BitcoinWorld .