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South Korea to test blockchain deposit tokens for government spending in Q4 South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in 

South Korea to test blockchain deposit tokens for government spending in Q4
South Korea’s Ministry of Economy and Finance will begin testing blockchain-based deposit tokens for government spending in the fourth quarter as part of a broader push to modernize how public funds are managed.
The ministry said the pilot to spend Treasury funds as digital currency was approved under a 2026 regulatory sandbox program, local media reported.
The approval allows business promotion expenses, currently processed with government purchasing cards, to be paid using tokenized deposits.

The change alters a long-standing system governed by the Treasury Funds Management Act, which required card-based payments. In the sandbox environment, agencies will be able to operate outside those rules on a limited basis to test new methods.



South Korea to test blockchain deposit tokens for

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On April 16, according to HTX data, DRIFT briefly surged over 15%, currently priced at $0.0526. Earlier reports indicated that Drift announced it has received support from Tether and other partners, w

DRIFT Surges Over 15% Following $147.5 Million Support Announcement for User Recovery

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HTX Community Spring Creation ContestHTX DAO's First Hackathon Launches!Bitcoin Up 2 Weeks: Beginning or End?The Trump family is heavily invested in the digital currency sector, but a disturbing patte

The Trump family is heavily invested in the digital currency sector, but a disturbing pattern is emerging among their backed companies, with virtually every initiative they have pushed appearing as a poorly managed enterprise headed for default. The Trump-backed projects include DeFi Project World Liberty Financial (WLFI), American Bitcoin Corp. (NASDAQ: ABTC), TRUMP and MELANIA memecoins, as well as an assortment of NFT collections.The President’s family has reportedly pocketed more than $1 billion from these investments that are now in deep loss-making territory. Critics have consistently argued that the Trumps are engaged in shady mechanisms that allegedly include pump-and-dump regimes, insider trading, and fraudulent business practices.Let us take a look at each Trump crypto company individually:WLFI was the flagship DeFi platform launched by Eric Trump and his father’s chief Middle East negotiator, Steve Witkoff, in the middle of the 2025 market boom. Initial token sales raised as much as $550 million, which eventually ballooned to $1.2 billion by early 2026, with the Trumps entitled to 75% of the revenues. This new cash cow in the crypto sector proved much more profitable than Eric Trump’s prior conventional business dealings.However, the WLFI token has taken a major hit during the last 6-7 months, after peaking at $0.33 in September 2025. The cryptocurrency now trades around $0.08, reflecting a roughly 76% decline (with recent reports citing up to 80% losses amid controversies over token unlocks and collateral use).This is another Eric Trump investment and a major mining initiative in the country. The firm went public in 2025 and has built a treasury exceeding 7,000 BTC in the process. However, the company’s stock has crashed by 94% recently following a $59 million deficit in the last quarter of 2025.Eric continues to promote his mining firm on s

The Trump family is heavily invested in the digita

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AUDJPY is trading higher for the second consecutive week on board-based Australian dollar buying. Yesterday, it reached its highest point around 114.20; it is currently trading at roughly 114.06.Techn

Aussie Ascent: AUDJPY Hits Multi-Session Highs as Bullish Momentum Intensifies - EconoTimes

Solana’s economic activity surpassed $1 trillion in the first quarter of 2026, marking the first time the network has reached that threshold.The surge was powered by an industry-leading 25.3 billion t

Solana’s Economic Activity Surpasses $1 Trillion for the First Time in History — Details

Bitcoin (BTC) held steady on Thursday after a turbulent week that saw broader weakness across the crypto market.Notably, over the past week, the world’s largest cryptocurrency surged by nearly 4%, res

Dormant Bitcoin Whale Springs to Life after 14 Years, Moves 1,000 BTC as Price Flirts With $75,000

HTX Community Spring Creation ContestBitcoin Up 2 Weeks: Beginning or End?Claim1,200 USDT in the Monthly Creation Challenge CryptoQuant says bitcoin rally faces rising profit-taking risk as exchange i

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CryptoQuant says bitcoin rally faces rising profit-taking risk as exchange inflows jump

CryptoQuant said bitcoin's recent rally is facing rising profit-taking risk as exchange inflows spike and the price earlier reached the $76,000 resistance zone.

Large bitcoin holders are transferring bigger amounts to exchanges, "increasing the probability of near-term selling pressure," CryptoQuant added. Bitcoin's recent rally is now facing rising profit-taking risk, with several onchain indicators showing growing signs saved ling pressure, according to Crypto Quant.

Bitcoin reached above $76,000 on Tuesday, reaching its highest level since early February. The move was supported by earlier undervaluation, a temporary easing in the U.S.-Iran conflict, and weakness in the U.S. dollar, CryptoQuant said in a Wednesday report written by its head of research, Julio Moreno.

The bitcoin price (BTC) has fallen a bit to $74,800 but is testing the traders' onchain realized price at $76,800, a major bear-market resistance level that has historically capped relief rallies as holders near breakeven are incentivized to sell, capping further upside, Moreno noted.

CryptoQuant says bitcoin rally faces rising profit

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Post To Earn BonusBitcoin is testing a level that capped its rally in January, CryptoQuant says Bitcoin’s rally toward $75,000 is running into a wall of supply just as institutional demand is holding 

Bitcoin is testing a level that capped its rally in January, CryptoQuant says
Bitcoin’s rally toward $75,000 is running into a wall of supply just as institutional demand is holding steady.

The move higher has been driven largely by macro flows rather than a broad surge in speculative activity. U.S.-listed spot bitcoin ETFs have continued to draw consistent inflows this month, including roughly $240 million in a single session following geopolitical tensions in the Middle East, according to market maker Enflux.

That bid helped lift $BTC from around $71,000 to the mid-$70,000s, even as traditional markets absorbed rising oil prices and shifting rate expectations. The pattern, Enflux noted, reflects allocation behavior rather than momentum chasing.

But as bitcoin pushes higher, the character of the market is starting to change.

On-chain data suggests supply is beginning to emerge more aggressively as prices approach a key cost-basis level for short-term holders. Around $76,800 sits the so-called realized price for recent buyers, effectively the average entry point for traders who accumulated during the last phase of the drawdown, according to CryptoQuant. In weaker market regimes, that level has often acted as resistance, as investors who were previously underwater use rallies to exit at breakeven.

It should be noted that the same band capped January's bounce almost to the dollar before prices reversed toward $60,000.

CryptoQuant said bitcoin exchange inflows spiked to roughly 11,000 $BTC per hour, the highest since late December, as prices tested the $75,000 to $76,000 range.

At the same time, the average deposit size rose to about 2.25 $BTC, the highest daily reading since mid-2024, suggesting that larger holders are driving the move. The share of large transfers jumped from below 10% to above 40% of total inflows within days, a shift the firm said has historically coincided with increased distribution pressure.

That sets up a two-sided m

Bitcoin is testing a level that capped its rally i

On April 16, Drift announced that the Drift Protocol has received support from Tether and other partners, with Tether contributing $127.5 million and other partners contributing $20 million to assist 

Drift Secures $147.5 Million in Funding from Tether for User Recovery

WAR: Geopolitical Meme Coin on Solana

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edge soared to 1.0899 USDT, a new high with a 24-hour increase of -0.10%. It currently trades at 1.027 USDT on HTX.

Israel Warns of Possible Renewed Conflict with Iran, Continues Strikes on Hezbollah

SpaceX Plans Site Visits for Potential Major Investors Ahead of Large IPO

US Dollar Index Declines 0.07% on April 15

Iranian Speaker Ghalibaf: Lebanon's Ceasefire is a Result of Resistance Front's Struggle

Bitunix Analyst: Energy Supply Risks Shift to Manageable but Not Resolved, Delayed Responses in Policy and Corporate Behavior, Market Enters Asymmetric Pricing Phase

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