It was learned on the evening of the 16th local time that after US President Trump announced a ceasefire between Lebanon and Israel at midnight Beirut time that day, the Israel Defense Forces launched a large-scale airstrike on several areas in southern Lebanon. Missile explosions could be heard in and around southern Lebanese cities, and the roar of warplanes continued. US President Trump said on the 16th that Lebanon and Israel would officially begin a 10-day ceasefire at 5 PM Eastern Time that day. (CCTV News)

According to Odaily, data from Coinglass reveals that ORDI experienced liquidations totaling approximately $30.29 million across the network in the past 24 hours, ranking third overall. Of this amount, long positions accounted for about $13.95 million, while short positions saw liquidations of approximately $16.33 million.

According to NS3.AI, Santiment reported that fear, uncertainty, and doubt surrounding XRP have reached their third-highest level in the past two years. This situation, according to the firm, could potentially lead to a relief rally. Retail sentiment shifted following a 63% price decline over the past nine months. CoinCodex has forecasted that XRP could reach $1.65 by the end of 2026 and $5.62 by 2030.

According to Coinglass data, ORDI saw approximately $20.96 million in liquidations across the entire network in the past 24 hours, ranking third. Of this, approximately $4.91 million were long positions liquidated, and approximately $16.05 million were short positions liquidated.

X Money, a financial feature launched by Elon Musk's X platform, has the potential to disrupt the U.S. payment industry, according to a report by Mizuho Bank research analysts. According to BlockBeats, analysts Dan Dolev and Andrew Jenkins highlighted in a client report that X Money is positioned as the financial infrastructure layer of the X platform, aiming to integrate instant messaging, banking deposits, and commercial transaction functions, similar to the 'super app' model of WeChat Pay or Alipay. With X platform's 500 to 600 million monthly active users and Musk's background as a co-founder of PayPal, X Money holds significant disruptive potential.However, analysts pointed out two major regulatory hurdles. Firstly, New York State's proposed CRYPTO Act, which aims to criminalize unlicensed virtual currency operations, could raise compliance barriers for X's future crypto integration plans. Secondly, the Clarity Act might limit non-bank financial platforms' ability to offer returns to users, potentially hindering X Money's plan to provide a 6% annualized return on cash balances, a product launch described as 'particularly sensitive' by the analysts.Mizuho also downgraded PayPal's (PYPL) stock rating to 'neutral,' noting that PayPal and its Venmo app face the most direct replacement risk as X targets the same peer-to-peer transfer and digital wallet market. This week, the X platform also introduced a new feature called 'Cashtags,' allowing users to view financial data on stocks and cryptocurrencies directly in their timeline.

Zonda, a Polish cryptocurrency exchange, is facing scrutiny after CEO Przemysław Kral disclosed a cold wallet containing approximately 4,503 bitcoins. According to Foresight News, Kral revealed in a video statement on Thursday that the wallet, last active in November 2025, was supposed to be transferred by Zonda's founder and former CEO, Sylwester Suszek, who has been missing since March 2022. Kral denied allegations of fund misappropriation, stating that finding Suszek is crucial. The disclosure comes amid multiple controversies surrounding Zonda, including investigations by Polish authorities and reports from blockchain analysis platform Recoveris suggesting potential insolvency due to a sharp decline in the exchange's hot wallet balance. Kral previously refuted bankruptcy claims on April 6, asserting that the platform holds over 4,500 bitcoins and remains solvent. Kral noted that Zonda typically processes around 100,000 withdrawal requests annually, but received over 25,000 requests in a short period around April 6, attributing this surge to panic withdrawals triggered by negative media coverage. He announced plans to take legal action against false accusations and assured users of the company's commitment to fulfilling withdrawal obligations. Polish lawmaker Tomasz Mentzen commented on X that Zonda might permanently lose access to the cold wallet due to Suszek's disappearance, though Kral did not confirm any loss of funds in his statement.

Zonda has reported difficulties accessing a cold wallet containing 4,503 BTC, valued at approximately $334 million. According to NS3.AI, the issue arose because the private key was not transferred during the company's handover process. CEO Przemysław Kral clarified that the key should have been part of the transition and denied any misappropriation of funds. He also noted that negative media coverage has led to unusual withdrawal requests from users.

Ethereum Foundation core member Josh Stark has announced his decision to step down at the end of April after serving a five-year term. According to NS3.AI, Stark has not yet determined his future plans following his departure from the foundation.

According to CoinGlass monitoring, the total liquidation amount across the network in the past 24 hours was $392 million, with $188 million in long positions and $203 million in short positions, affecting 144,671 traders. The 1-hour liquidation amount was $48.2983 million, the 4-hour liquidation amount was $211 million, and the 12-hour liquidation amount was $254 million. The largest single liquidation occurred on the Binance BTCUSDC trading pair, worth $9.7198 million.

Grinex has reported a significant security breach resulting in the theft of more than 1 billion rubles, equivalent to over $13 million. According to NS3.AI, the stolen assets were converted into TRX and transferred to a single address, which now holds approximately 45.9 million TRX. In response to the incident, Grinex has suspended its operations, making withdrawals and account transactions temporarily unavailable.

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