Crypto News – April 7

🌐 TON Core launched the beta version of TON Payment Network, providing low-cost, fast transactions on TON's blockchain, used in TON Proxy for micropayments.

🥊 UFC champion Conor McGregor launched the REAL token with DAO Real World Gaming.

🪙 A wallet inactive for 8 years transferred 11,104 ETH ($20 million), with part sent to Coinbase and the rest to a new wallet.

💰 Bitcoin dropped below $80,000.

💸 A whale holding 67,570 ETH ($106 million) on Maker was liquidated at $1,650. Another trader with 56,995 WETH ($90.8 million) faces liquidation at $1,564.

📉 Global markets are experiencing significant losses:

🔴 China’s market dropped 10%, marking the largest one-day drop since 2008.

🔴 Nasdaq futures fell by 5.4%, and S&P 500 by 3.84%.

🔴 Taiwan banned short selling after imposing a 32% tariff on its goods.

🔴 Japan's Nikkei 225 dropped by 8%, and Korea's KOSPI fell by over 5%.

🔴 The crypto market lost 9%, with Bitcoin falling below $77,000 and Ethereum near $1,500.

🪙 Ethereum fell below $1,500 for the first time since March 2023.

💼 The ZKasino scam project closed a long position on Ethereum, resulting in a $27.1 million loss.

💳 Binance integrated Apple Pay and Google Pay for crypto purchases.

🇺🇸 Investor Bill Ackman criticized Trump's tariff calculations, leading to rising consumer costs and $13 trillion in losses. The Federal Reserve is holding an emergency meeting today.

🇷🇺 Russia's central bank reported a 3x increase in median cryptocurrency investments from 18,000 rubles in 2022 to 45,000 rubles in 2024, although only 0.5% of Russian households hold crypto.

🇵🇰 Pakistan appointed Changpeng Zhao (CZ) as a strategic cryptocurrency advisor.

💵 The U.S. stock market lost over $2.1 trillion on the opening day, marking the worst three-day decline since 1987.

🔥 Trump is considering a 90-day tariff pause for all countries except China.