Gate Crypto Flash News and Market Updates

Over $815 million in leveraged cryptocurrency positions were liquidated recently, mainly due to short positions against Bitcoin. Markets improved as Iran reopened the Strait of Hormuz and Trump hinted at a deal with Iran, boosting Bitcoin prices significantly.

Yuanjie, a Chinese laser chip company, surged 9.6% to top China's stock market, surpassing Kweichow Moutai, which faced its first sales decline in 20 years. Global chipmakers like TSMC posted strong earnings driven by AI demand, while European startups pursue Nvidia alternatives amid new U.S. tech restrictions on China.

XRP exchange-traded funds (ETFs) have exceeded $1.08 billion in net assets, driven by significant institutional demand and daily inflows. Bitwise holds the largest share with $313.69 million, indicating strong market interest in XRP investments.

On April 17, investors sold significant Brent crude futures amid news of open passage in the Strait of Hormuz, causing prices to drop sharply. Lawmakers are investigating potential insider trading linked to these trades before key policy announcements.

Gate News: According to the latest Gate TradFi data, USDKRW (US Dollar vs South Korean won) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Charles Hoskinson warned that Bitcoin's BIP-361 upgrade, meant to address quantum threats, is wrongly classified as a soft fork. It could freeze 1.7 million BTC, including 1 million from Satoshi Nakamoto, as early coin owners can't prove ownership.

World, a company co-founded by Sam Altman, announced new integrations with platforms like Zoom and Tinder, enhancing its World ID verification system. The upgraded protocol allows apps to use tiered identity checks, with 17.9 million users globally.

2026-04-17 17:00至17:15（UTC），BTC出现短线下跌，收益率录得-0.45%，价格区间在77354.3至77916.9 USDT，振幅为0.72%。事件期间市场关注升温，波动加剧，现货市场流动性显著变化。 本次价格异动的主要驱动力是巨鲸钱包集中向交易所转账，单15分钟交易所流入量飙升至11,000 BTC，达2025年12月以来新高，平均单笔存入量高达2.25 BTC，体

Figure Technology Solutions faced allegations from Morpheus Research of overstating its blockchain technology use, resulting in a significant drop in share prices. Figure defended its operations, highlighting its digital asset features and strong performance metrics.

Alcoa Corp. is negotiating to sell its Massena East smelter site in New York to Bitcoin mining firm NYDIG, with a deal anticipated to close mid-year as part of Alcoa's asset divestiture strategy.

Singapore Gulf Bank launched a stablecoin minting and redemption service for corporate clients, allowing conversions between fiat and USD stablecoins with no fees on Solana for transactions over $100,000. This aims to enhance cash flow and boost USDC adoption.

Gate News: According to the latest Gate TradFi data, MSTR (Microstrategy Inc - Class A) has surged by 14% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

The NYSE proposed a rule change to allow eligible securities to trade in a tokenized form, following similar SEC-approved Nasdaq rules. Tokenized securities must match traditional ones in identifiers and rights, initially focusing on Russell 1000 Index constituents and ETFs, with T+1 settlement and existing regulations.

On April 17, CoinMarketCap data indicated mixed performance among the top 100 cryptocurrencies, with Aerodrome Finance leading gains at 19.20%, while Siren experienced the largest loss at 40.34%.

Gate News message, according to the April 17 update, Bitcoin ETFs recorded a 1-day net outflow of 142 BTC ($10.98M) and a 7-day net inflow of 7,093 BTC ($550.09M). Ethereum ETFs showed a 1-day net inflow of 22,357 ETH ($54.55M) and a 7-day net inflow of 89,684 ETH ($218.83M). Solana ETFs posted a 1-

American Airlines recognizes Ripple Treasury's effectiveness in corporate treasury management, as it offers a unified platform for liquidity and payments. The system enhances real-time visibility, integrates with Goldman Sachs for investment options, and aims to bridge traditional finance with blockchain.

Gate News: According to the latest Gate TradFi data, US30500 (Dow Jones 30) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Elon Musk's online activity revived interest in a cryptocurrency token known as "Asteroid crypto," causing increased trading and volatility on decentralized exchanges. Market reactions were driven by social media references, illustrating the token's sensitivity to influencer attention.

EFGH and Digital Asset Protection have formed a joint venture to create VNL1, Vietnam's national blockchain infrastructure, tackling counterfeit goods and improving traceability. The project includes several initiatives, aiming to enhance fintech and governance.

Gate News message, April 17 — U.S. 5-year Treasury yields (benchmark measure of medium-term U.S. government borrowing rates) fell 10 basis points intraday.