Global TradFi & Macroeconomics

The American Bankers Association criticized the stablecoin report released by the White House Council of Economic Advisers, saying its analysis was wrong. It emphasized that allowing stablecoins to pay interest would lead to local banks’ deposits flowing out and would tighten credit, countering the report’s claim about the effects of the proposed ban.

Bitcoin and Ethereum prices were holding steady around April 13, and the overall crypto market weakened. Oil prices rebounded, influenced by the situation in the Middle East. Bitcoin ETF funds worth nearly $1 billion flowed in, but addresses still in unrealized losses remain in the majority, and open interest in futures contracts fell significantly.

Gate News: According to the latest Gate TradFi data, CLS (Celestica Inc) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Empery Digital disclosed that it sold 55 Bitcoins at an average price of $70,560, generating approximately $3.9 million in proceeds, bringing its holdings down to 2,934 Bitcoins. The company has repurchased about $147 million worth of shares and plans to continue selling Bitcoins to fund future repurchases and repay part of its debt.

OdinTing launches OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it showcases its fintech transformation. Through a partnership with MoneyGram, Wallet Pro enables cross-border transfers of stablecoins purchased with cash and operates in the U.S. market. The company’s offshore model bypasses Taiwan’s strict regulation and challenges the competitive landscape under the new draft law, which will in the future affect local players’ compliance strategies.

Gate News message. On April 13, the Innovation, Technology and Industry Bureau of the Hong Kong Special Administrative Region Government announced that it has signed with the National Internet Information Office a Memorandum of Understanding on Cooperation for the Development of Innovation and Technology, with the aim of promoting high-quality development of the digital economy empowered by technological innovation. The Memorandum of Understanding covers key areas such as artificial intelligence, cross-border data, and blockchain. The objective of the Memorandum of Understanding is to further implement the country’s national “15th Five-Year Plan”, support Hong Kong in building an international innovation and technology center, and promote the development of a new real-economy led by technological innovation.

Gate News update. On April 13, a notice to seafarers showed that the U.S. military announced it will impose a blockade in the Arabian Sea and the Gulf of Oman east of the Strait of Hormuz. According to the notice, any vessel that enters or leaves the blockade area without authorization will be intercepted, diverted, and detained. The blockade measure applies to all maritime traffic, regardless of the flag the vessel flies.

Bloomberg strategist Mike McGlone says that after a big surge in 2025, Bitcoin could face a sharp pullback, while similar risks exist for silver, gold, copper, natural gas, and crude oil—especially if crude oil prices spike, which could trigger even larger market ripple effects.

Fintech company Superstate completed an additional Series B round of funding on April 13. Invesco Private Capital, a subsidiary of Invesco (Invesco), participated in the round; the specific amount was not disclosed. At the same time, Invesco will manage Superstate’s flagship tokenization fund USTB starting in 2026, with an estimated fund size of about $900 million.

Gate News message: On April 13, Israel’s Channel 12 reported that Prime Minister Benjamin Netanyahu said today that a ceasefire with Iran may end very soon.

Gate News message, according to a Gate official announcement on April 13, 2026 The Gate Stock Trading Zone will be available for the pre-market trading of five USDT-settled perpetual contract order books—OPENAI, ANTHROPIC, ANDURIL, KALSHI, and POLYMARKET—starting on April 13, 2026 at 20:00 (UTC+8). It supports 1x to 10x leverage for long and short positions. OpenAI is an artificial intelligence research laboratory that has developed products such as ChatGPT and DALL·E. It is currently in the Pre-IPO stage. Anthropic is a large-model company founded by former core members of OpenAI, focusing on secure and reliable AI. Anduril Industries is an AI and autonomous defense technology company co-founded by Palmer Luckey, the founder of Oculus. Kalshi is a prediction market exchange regulated by the U.S. CFTC. Polymarket is the world’s largest decentralized prediction market. All contracts calculate prices using a valuation unit of $1 billion. For example, when a company’s valuation is $800 billion, the unit price is $800.

Bitmine has officially moved from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a sharp drop in its share price, it has still increased the share repurchase plan to $4 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.

The UK-listed company Stack BTC Plc bought 37.1898 bitcoins at a price of about £53,778, with a total investment of £2 million. After increasing its holdings, its position rose to 68.1898 bitcoins, strengthening its Bitcoin treasury strategy.

Gate News message: On April 13, according to monitoring by Onchain Lens, Bit Digital—an Nasdaq-listed mining company—staked 29.9k ETH, worth approximately $65.3 million.

April 13—Ahead of the U.S. market open, crypto-related stocks generally fell in pre-market trading. MARA, COIN, SBET, and ABTC fell by 3.62%, 2.63%, 2.45%, and 1.49%, respectively. msx.com is a decentralized RWA trading platform that has launched various U.S. stock and ETF tokens.

Key factors, such as ETF flows, macro factors and on-chain supply favor a rally in bitcoin even as war risks linger.

According to CoinShares’ research report, digital asset investment products recorded a net inflow of $1.1 billion last week, the highest in the year to date. Bitcoin saw inflows of $871 million, Ethereum inflows of $196.5 million, and XRP inflows of $19.3 million, with the U.S. driving the dominant inflows. Overall market risk appetite rebounded, reflecting investor demand.

Jurrien Timmer, director of global macro at Fidelity Investments, says strong earnings are helping markets absorb geopolitical shocks, despite ongoing risks.

Key factors, such as ETF flows, macro factors and on-chain supply favor a rally in bitcoin even as war risks linger.

Gate News: According to the latest Gate TradFi data, RIOT (Riot Platforms) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market