What happened last night... Cryptocurrency morning news for April 23rd

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그래픽=박혜수 기자
Graphic = Reporter Park Hye-soo
1. Cryptocurrency, Futures Market Surges with $858 Million Liquidation
Bitcoin (BTC) broke through $93,000 due to a large-scale short betting liquidation in the cryptocurrency futures market within a day. On the 23rd, multiple cryptocurrencies' sudden surge in the early morning led to numerous short positions being liquidated. The cryptocurrency futures market liquidation amount reached approximately $610 million (about 858 billion won) on the 23rd. The largest liquidation was the Ethereum (ETH) short betting liquidation on Binance, amounting to about $4.3 million.

2. European Central Bank and European Commission Clash over 'MICA' Execution
The European Central Bank (ECB) and the European Commission have entered an open confrontation over the execution of the European Union's (EU) integrated cryptocurrency regulation 'MICA'. According to the foreign media Politico on the 22nd, the ECB pointed out the risks MICA could pose to the EU economic zone and criticized the European Commission's decision to push for quick implementation.

3. 'Crypto Mom' Peirce: "SEC Will Be Reorganized After New Chairman's Inauguration"
'Crypto Mom' Hester Peirce, in an interview with cryptocurrency-specialized media Cointelegraph on the 22nd, pointed out Paul Atkins' appointment as SEC chairman and stated that the SEC will undergo a large-scale reorganization with new leadership. She explained that the SEC is currently focusing on establishing market regulation guidelines in the US and prioritizing market development, and the new chairman will fully reflect this trend.

Reporter Kwon Seung-won ksw@blockstreet.co.kr

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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