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Analyst Doctor Profit has projected that BTC could rally to a range of $83,000 to $87,000 before experiencing a sharp decline. According to CryptoPotato, he identified this area as a key short entry zone, anticipating a strong pullback following a short-term price increase. He analyzed that the market is currently in a phase of expanding volatility, driven by alternating waves of excessive optimism and pessimism, with the liquidation of early short positions fueling the upward momentum. In contrast, other analysts are presenting different scenarios: a bullish reversal if BTC reclaims the $90,000 mark, or a potential drop into the $50,000s if it breaks below key support levels.

Binance announced it will list seven spot trading pairs at 8:00 a.m. UTC on April 28: AVNT/U, BIO/U, CHIP/U, CHIP/USD1, KAT/U, USD1/TRY, and XAUT/USD1.

Approximately $6 billion in stablecoins have flowed into Binance over the past two months, according to on-chain analyst Darkfost. The analyst noted that this occurred during a period of heightened market volatility, driven by rising energy prices and inflation concerns amid U.S.-Iran tensions. According to Darkfost, the increase in stablecoin inflows despite these conditions suggests some investors are preparing to re-enter the market.

According to data from @ai_9684xtpa, open interest in Dogecoin (DOGE) futures on Binance has surged by nearly 40% since the afternoon of April 23. The OI has climbed from 2.31 billion to 3.23 billion DOGE during this period, an increase equivalent to approximately $100 million.

South Korean crypto exchange Bithumb has announced that the listing of The Pearl (PRL) has been delayed to 11:30 a.m. UTC today. The token was originally scheduled to be listed at 8:00 a.m. UTC.

Four out of seven chart masters affiliated with CoinNess have forecast a decline for Bitcoin this week, while three predict a rise. The highest price target is $88,000, and the lowest is $71,000. Note: Please vote for the directional and price target forecast that aligns with your opinion via the link provided. One hundred participants will be selected through a drawing to receive a coffee coupon.

Ki Young Ju, CEO of CryptoQuant, stated on X that the Bitcoin market is currently being driven by futures. He noted that while open interest is increasing, the "Apparent Demand" indicator, which reflects the market's actual BTC demand, remains negative despite ETF inflows and purchases by Michael Saylor. Historically, bear markets tend to end when spot and futures demand recover simultaneously, he added.

Upbit announced that it will list The Parallel (PRL) for KRW, BTC, and USDT trading at 8:30 a.m. UTC today.

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.