#StaySAFU $BTC
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.