Gate Crypto Flash News and Market Updates

Last week, spot Ethereum ETFs recorded net inflows of $187 million, among which BlackRock’s ETHA had the largest net inflow, reaching $168 million. Fidelity’s FETH saw net outflows of $62.1274 million, with total net asset value of $12.96 billion.

Trump said that because of Iran’s actions in the Strait of Hormuz, the United States will impose blockade measures, and the world’s reliance on American oil will deepen. He emphasized that U.S. oil reserves have increased significantly, and ships no longer need to pass through the Strait of Hormuz.

Gate News message, April 13, the European Central Bank (ECB) said it supports the EU’s transfer of financial market supervisory powers from national regulators in each member state to a single EU supervisory authority. The measure covers crypto-asset service providers (Crypto-asset Service Providers, CASPs). The purpose is to standardize crypto-asset regulation across the EU.

Gate News message. On April 13, Onchain Lens monitoring shows that Loracle increased its CL short position (7x leverage) to $19.76 million and increased its TON long position (5x leverage). In addition, Loracle also holds BTC, NEAR, LIT, TAO, PAXG, and

Gate News message: On April 13, U.S. Senator Cynthia Lummis posted on social media, saying that the previous administration caused a flight of the digital asset industry. She emphasized that now is the time to set clear regulatory rules for the digital asset industry, welcome it back to the U.S., and urged that the Clarity Act be passed as soon as possible.

SoftBank, NEC, Honda, and Sony Group have recently jointly established a company called “Japan AI Foundation Model Development,” focused on artificial intelligence development. The plan is to assemble about 100 developers and provide related services to Japanese enterprises. In the future, it will also expand into the field of AI controlling robots.

Gate News message: On April 13, according to on-chain analyst Ai Yi monitoring, the swing whale address 0x54d...e6029 is currently placing a limit sell order for 5,000 WETH on Cowswap, with a total value of $11.01 million. This whale frequently uses $10 million for swing trading. On March 30, it built its ETH position at a relatively short-term low point at $1,985. If the sale is successful this time, it will earn a profit of $1.09M.

Gate News message, on April 13, on-chain analyst Yu Jin’s monitoring shows that RAVE’s spot price surged from $0.3 to $6.2 this morning over the past three days, achieving an increase of about 20x. During this period, the RAVE team first transferred 30.58 million RAVE tokens (worth about 19283746565.75T) to a certain CEX to attract funds to short. Then, within nearly two days, they withdrew 31.94 million RAVE tokens from that exchange back onto the chain, and on a certain CEX and other trading platforms, significantly boosted RAVE’s spot price.

Gate News message, April 13, according to Gate Market data, Hong Kong stock market’s “Token first stock,” Xunce(03317.HK), rose more than 20%, with a cumulative gain of over 625% year to date.

On April 13, the precious metals market was under pressure, with gold and silver prices falling by 0.86% and 1.70%, respectively. The crypto market volatility index rose, the U.S. dollar against the Chinese yuan and the yen edged up, crude oil prices surged significantly, with WTI up 8.99%. The Gate platform supports trading a variety of traditional financial products.

Gate News: According to the latest Gate TradFi data, JPN225 (Nikkei 225) has dropped by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Bloomberg strategist Mike McGlone says the crypto bear market may be in its early stages, and Bitcoin could fall to $10k. Even though Bitcoin ETFs have matched S&P 500 ETF returns, Bitcoin ETFs have higher volatility and the valuation of underlying assets that lack real support remains elevated.

Gate News message, April 13, on-chain analyst Ai Yi monitored and showed that address 0x338…bf8ea opened a 25x leveraged short position for 6,700 ETH last night, with a position value of about $14.75 million. The opening price was $2,209.4, the liquidation price was $2,218.7, and the liquidation room was only $9.

Ethereum Layer 2 network Scroll saw roughly 139,000 transactions have excess fees of more than $50k because the manual increase in the gas price multiplier led to higher transaction costs than expected. The actual cost was far above the forecast. The incident sparked widespread questions about its subsidy strategy, and Scroll’s TVL also fell sharply to $24 million.

Gate News message, April 13, Onchain Lens monitoring shows that a newly created wallet has again withdrawn 399,934 TRUMP from a CEX, worth about $1.12 million. The wallet currently holds 1 million TRUMP, worth about $2.8 million.

Over the past 7 days, net inflows of funds across Ethereum cross-chain bridges reached $11.11B, ranking first among public chains. Solana and Polygon saw net inflows of $497 million and $397 million, respectively, while other chains such as Base, Avalanche, and others also had varying degrees of fund inflows.

Gate News message, on April 13, U.S. President Trump said that he is building the "greatest stock market in history."

Gate News message: On April 13, JPMorgan Chase will expand JPM Coin to the Canton Network this year via Kinexys. The network currently processes more than $350 billion per day in U.S. Treasury repo settlement.

Aave founder Stani announced on a social platform that Aave will pivot to $AAVE as its core token, with all revenue flowing back to the DAO treasury. In the future, it will launch a debit card and financial technology experience, aiming to increase the protocol’s scale from $40 billion to $1 trillion, positioning it as a foundational market for traditional financial assets.

SpaceX currently holds 8,285 bitcoins, worth approximately $603 million. Despite losses of nearly $5 billion due to its acquisition of xAI, it has not sold any bitcoins since mid-2024, remaining the fourth-largest holder of corporate bitcoin holdings.