News
22 Apr 2026, 09:30
Greek Firm Warns of Bitcoin Fraud as Vessels Face Military Fire in the Strait of Hormuz

The Greek maritime risk management firm MARISKS has issued an urgent warning regarding a cryptocurrency scam targeting shipping companies stranded in the Strait of Hormuz. Key Takeaways: MARISKS reports unknown actors are extorting shipping firms for bitcoin and USDT to bypass the blockade. At least one tanker was hit by Iranian gunfire on April 18
22 Apr 2026, 09:30
DEXE drops 11% as retail turns bearish: Can whales hold $12 support?

Whale accumulation around $12 offers DEXE a lifeline.
22 Apr 2026, 09:30
USD/INR Recovery Accelerates: US-Iran Ceasefire Extends, Boosting Rupee Sentiment

BitcoinWorld USD/INR Recovery Accelerates: US-Iran Ceasefire Extends, Boosting Rupee Sentiment The USD/INR exchange rate continues its recovery trajectory, driven by the extended ceasefire between the United States and Iran. This geopolitical development reduces risk premiums, strengthens the Indian rupee, and reshapes forex market dynamics in early 2025. Investors now watch closely for further currency exchange trends. USD/INR Recovery: Key Drivers and Market Context The USD/INR pair fell below the 86.20 mark, recovering from recent highs above 87.00. The extended US-Iran ceasefire reduces safe-haven demand for the US dollar. Consequently, the Indian rupee gains ground. Analysts at major banks highlight that geopolitical stability directly influences emerging market currencies. The rupee now benefits from reduced volatility and improved capital inflows. Impact of the US-Iran Ceasefire Extension The ceasefire extension, announced on March 15, 2025, calms Middle Eastern tensions. This de-escalation lowers oil price risks, a critical factor for India, a major crude importer. Lower oil prices reduce India’s import bill, supporting the rupee. Moreover, foreign portfolio investors (FPIs) return to Indian markets, adding momentum to the USD/INR recovery. The Reserve Bank of India (RBI) also intervenes to manage excessive volatility. Historical Perspective: USD/INR Trends in 2025 In January 2025, the rupee hit an all-time low of 87.29 against the dollar. Factors included US Federal Reserve hawkishness and domestic inflation concerns. However, the ceasefire announcement reversed this trend. By February, the rupee stabilized around 86.50. The current recovery extends this positive movement. Market participants now eye the 85.80 support level. Key Support and Resistance Levels Support: 85.80 (psychological level), 85.50 (200-day moving average) Resistance: 86.50 (recent high), 87.00 (year-to-date peak) Traders watch these levels closely. A break below 85.80 could accelerate rupee gains. Conversely, a return above 86.50 signals renewed dollar strength. Expert Analysis: Why the Rupee Strengthens Economists at Nomura and HSBC note that the ceasefire reduces the ‘fear premium’ in emerging markets. The Indian rupee, often sensitive to oil prices, gains directly. Furthermore, India’s robust GDP growth of 6.5% in Q4 2024 attracts foreign capital. The USD/INR recovery reflects these fundamentals. “The ceasefire removes a key tail risk for the rupee,” says Dr. Anjali Sharma, chief economist at India Ratings. Role of the Reserve Bank of India (RBI) The RBI actively manages the rupee’s trajectory. It sells dollars to prevent sharp depreciation and buys to curb excessive gains. During the current recovery, the RBI likely accumulated reserves. This intervention stabilizes the market. The central bank’s strategy balances export competitiveness with inflation control. Consequently, the USD/INR moves in an orderly fashion. Impact on Indian Economy and Businesses A stronger rupee benefits importers, especially those in oil, electronics, and machinery. It reduces input costs and improves profit margins. Conversely, exporters face headwinds. IT firms and textile manufacturers may see reduced competitiveness. However, the overall economic sentiment improves. Lower inflation expectations support consumer spending. The USD/INR recovery thus has mixed but net positive effects. Comparison: Rupee vs. Other Emerging Market Currencies Currency Change vs USD (March 2025) Key Driver Indian Rupee (INR) +1.2% Ceasefire, oil prices Indonesian Rupiah (IDR) +0.8% Commodity prices Turkish Lira (TRY) -0.5% Domestic inflation Brazilian Real (BRL) +0.6% Rate expectations The rupee outperforms many peers, underscoring its relative strength. Future Outlook: What to Watch The USD/INR trajectory depends on several factors. First, the durability of the US-Iran ceasefire remains uncertain. Any violation could reverse gains. Second, US Federal Reserve policy decisions impact the dollar index. A rate cut in May 2025 would weaken the dollar further. Third, India’s trade deficit and inflation data will guide RBI actions. Market consensus suggests the rupee may trade between 85.50 and 86.50 in the near term. Technical Indicators Signal Further Recovery Chart patterns show the Relative Strength Index (RSI) at 45, moving away from oversold territory. The MACD line crosses above the signal line, a bullish sign. Moving averages converge, indicating trend reversal. Traders interpret these signals as confirmation of the USD/INR recovery. Volume data shows increased buying interest in rupee-denominated assets. Conclusion The USD/INR recovery gains momentum as the US-Iran ceasefire extends, reducing geopolitical risk and supporting the Indian rupee. This development, combined with strong domestic fundamentals and RBI intervention, creates a favorable environment for the currency. Investors should monitor ceasefire developments, Fed policy, and oil prices for future direction. The rupee’s resilience highlights India’s growing economic stability in a volatile global landscape. FAQs Q1: Why is the USD/INR recovering now? A1: The extended US-Iran ceasefire reduces geopolitical risk, lowers oil prices, and attracts foreign capital, all supporting the rupee. Q2: How does the US-Iran ceasefire affect the Indian rupee? A2: It reduces safe-haven demand for the dollar and lowers oil import costs, directly strengthening the rupee. Q3: What is the RBI’s role in the USD/INR recovery? A3: The RBI intervenes by buying or selling dollars to manage volatility and maintain orderly movements, supporting the recovery. Q4: What are the key levels to watch in USD/INR? A4: Support at 85.80 and resistance at 86.50 are critical. A break above or below these levels signals further trends. Q5: Will the rupee continue to strengthen in 2025? A5: Likely, if the ceasefire holds, oil prices remain stable, and the Fed cuts rates. However, risks remain from geopolitical shocks. This post USD/INR Recovery Accelerates: US-Iran Ceasefire Extends, Boosting Rupee Sentiment first appeared on BitcoinWorld .
22 Apr 2026, 09:30
Forget Bitcoin, DeFi Is Bleeding And The Numbers Are Staggering

The Bitcoin price continues to struggle despite the recent recovery, but the real losses are being recorded elsewhere. The decentralized finance (DeFi) sector was the main focus of the 2021-2022 bull market, with the emergence of new coins. However, the bullishness surrounding the entire sector has been eroded over the years, and the effects are being felt till today, with liquidity rapidly moving out of DeFi protocols and leaving ‘ghost’ chains in their wake. DeFi Losses Far Outpace Bitcoin Losses On-chain researcher @waleswoosh on X (formerly Twitter) pointed out a concerning trend with the DeFi activity as seen over the last few weeks. The charts shared showed that from top to bottom, money was moving out of DeFi protocols at an unprecedented rate. This data is backed up by DeFiLlama, with the website showing that both large and small networks alike were suffering in this regard. According to the website, Ethereum , the leading protocol, has seen its Total Value Locked (TVL) decline by around 13.54%, and even this is modest compared to the volume recorded on other protocols. In the same time period, Solana has seen a 15.15% change, and these percentages actually translate into billions of dollars in TV being lost. Protocols such as Hyperliquid and Near also suffered higher loss rates at 15.71% and 25.68%, respectively. Interestingly, Bitcoin saw its TV jump around 73.60% during this time, and Iron saw a 23.42% increase. This trend highlights the move away from decentralized finance towards more ‘sustainable’ investment options at this time. One major factor that has triggered the exodus from these DeFi protocols looks to be the endless hacks that have plagued the sector. The most recent hack of KelpDao saw the attacker(s) make away with almost $300 million in loot, leaving investors in a very bad spot. Earning yield on locked funds, which was one of the major pulls of the DeFi sector, has quickly become a ‘joke’ among investors, with yield rates falling and the risks rising. Many have highlighted the low reward-to-risk ratio as the possibility of losing all of the invested funds grows higher by the day. The TVL of the entire DeFi sector looks to be in free fall, with a 7% decline in the last 24 hours at the time of this report. It is currently sitting slightly above $122 billion, which is a long way from the $229 billion that was recorded in October of 2025.
22 Apr 2026, 09:25
Traders don’t see Kelp socializing losses after $292 million exploit

Polymarket prices low odds of a system-wide redistribution, as the protocol weighs how to handle an undercollateralized rsETH supply
22 Apr 2026, 09:20
Bank of Korea prioritizes CBDCs as Shin launches 2.50% policy cycle

South Korea’s central bank has entered a new monetary phase with digital currencies at the forefront, as newly appointed Bank of Korea governor Shin Hyun-song begins his four-year term with a strong focus on central bank digital currencies (CBDCs) while maintaining the benchmark interest rate at 2.50%. In his inaugural address, Shin placed CBDCs and bank-issued deposit tokens at the center of the country’s future financial system, signaling a strategic shift toward state-backed digital money as a foundation for payments innovation. The policy direction comes as the Bank of Korea holds rates steady at 2.50%, extending a cautious monetary cycle amid inflation risks, geopolitical uncertainty, and slowing growth. Shin asserted that they plan to collaborate on international initiatives, including Project Agora, to boost the Korean won’s standing in global payments. Earlier, before his appointment, he had also advocated for a CBDC-centric ecosystem. He commented, “Central Bank Digital Currency and commercial bank deposit tokens issued based on it must become the center of the digital currency ecosystem.” Thus, his recent address only formalizes his digital roadmap. Has Shin adjusted his position on Korean won-pegged stablecoins? Shin emphasized that a CBDC-led ecosystem, supported by tokenized bank deposits, would play a “central role” in modernizing South Korea’s monetary infrastructure. His remarks highlighted ongoing initiatives such as Project Hangang, which is exploring real-world applications for digital currency and settlement systems. In his earlier address during his nomination hearing, he mentioned he was in favor of stablecoins, though he cautioned about the need to maintain trust in the currency. He had also acknowledged that private stablecoins could complement official bank tokens, ensuring the digital ecosystem stays diverse and functional. However, in his recent speech, the new central bank governor did not mention Korean won–pegged stablecoins, raising concerns about his plan for the digital assets. For some time, South Korean lawmakers, under President Lee Jae-myung’s endorsement, have been pushing to establish regulations for domestic stablecoins under the Digital Asset Basic Act. KRW1 even entered the market in February as the country’s first fully regulated stablecoin, formed through a collaboration between BDACS and Woori Bank. However, there has been some division between the ruling and opposition parties on parts of stablecoin regulation. Last year, Democratic Party lawmaker Ahn Do-geol proposed a framework to bar interest payments, while the People Power Party’s Kim Eun-hye introduced a rival bill that left out any restriction on interest. Shin encouraged the central bank to be more prudent and careful in its decisions Overall, in his first address, Shin advocated a careful, measured approach to monetary policy amid intensifying uncertainties from the Middle East crisis. He recognized that paths for inflation and growth are now significantly blurred, making it nearly impossible to predict future economic conditions. He added that they will review policy tools to balance the difficult trade-offs between maintaining a stable won and supporting a cooling economy. He explained, “It has become increasingly difficult to fully identify and respond to risks in the financial system only using existing frameworks.” Furthermore, he called for greater use of market price movements as a high-frequency early warning system to capture systemic shifts in a world where banks and non-banks are increasingly interconnected. More recently, policymakers chose to maintain rates at 2.5% again following the fallout from the late February strikes on Iran, which have since mushroomed into a full-scale regional crisis. Their decision marks the seventh consecutive meeting in which they have held rates, effectively freezing any plans to lower borrowing costs as regional war risks take priority. Shin had previously called for the same, saying that patience is the most powerful tool the BOK has at the moment. In his latest address, he reiterated his goal of maintaining financial stability and protecting trust in money and payments. There’s a middle ground between leaving money in the bank and rolling the dice in crypto. Start with this free video on decentralized finance .







































