Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-09
11:11

Galaxy Digital releases its first annual report following listing, with a comprehensive layout for digital economy and AI infrastructure

Galaxy Digital releases its first annual report. Its founder, Mike Novogratz, says that the listing signals that the digital economy is now a reality. The company will shift its focus to compliant financial infrastructure, actively develop AI projects, and expects its Helios data center investment to exceed $15 billion, aiming to build a $1 billion-level asset portfolio.
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10:47

A CEX co-founder donates $5.4 million to the UK’s Reform UK party

A CEX co-founder, Ben Delo, donated $5.4 million to the Reform UK party, and the donation took place before new UK regulations came into effect. Delo was previously fined $10 million for violating anti–money laundering compliance and received a pardon from Donald Trump. Reform UK positions itself as a pro-cryptocurrency political party and is currently facing a pause order on crypto donations. After relocating to the UK, Delo plans to be exempt from donation limits.
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10:41

Axis launches a synthetic U.S. dollar USDx, completing the first minting of $10 million

Gate News message: On April 9, the quant yield protocol Axis announced the launch of a synthetic U.S. dollar USDx and completed its first minting, with a size of 10 million US dollars. It is currently in a private testing phase. After minting is completed, USDx will be deployed to Axis’s market-neutral arbitrage engine, covering more than 40 trading venues, to provide liquidity and capture opportunities from market price spreads.
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10:38

TradeXYZ After doubling yesterday’s trading volume, it pumped and then pulled back today, accounting for 45.7% of Hyperliquid’s total trading volume

April 9 news: After TradeXYZ’s trading volume doubled yesterday, it fell back, and Hyperliquid’s overall trading volume dropped below $10 billion. Based on the current ranking of major Perp DEX trading volumes, Hyperliquid, TradeXYZ, and EdgeX occupy the top three spots.
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HYPE-1.76%
EDGEX1.36%
ASTER-0.65%
LIT-0.77%
10:31

Michael Saylor: Bitcoin may already have bottomed out near $60k, and the risk from quantum computing is theoretical in nature

Gate News message, on April 9, Strategy Executive Chairman Michael Saylor said that Bitcoin may have already bottomed out around $60k, as forced sellers have been gradually exiting the market. Saylor also expressed a cautious view of the security threat posed by quantum computing, saying that the relevant risks are still at a “theoretical level,” and that he believes the issue can be properly addressed in the future without overreacting.
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BTC0.33%
09:47

After a $2.4 million loss over the week, a mega whale opened a $30.2 million BTC short position with 40x leverage, with a liquidation price of $71,941

According to Gate News, after monitoring that 0x2fc “whale” suffered losses of over $2.4 million on April 9, it opened 423.4 BTC short positions with 40x leverage. The position size was about $30.2 million, with an average price of $71,113 and a liquidation price of $71,941; within less than half an hour, it was already down 11%.
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BTC0.33%
09:41

Iran’s deputy foreign minister: The Strait of Hormuz is open to civilian vessels, and passage requires contacting to obtain route guidance

Gate News update. On April 9, according to a report by UK ITV News, Iran’s deputy foreign minister said the Strait of Hormuz remains open to all civilian vessels, and that reports claiming the strait has been closed are untrue. Since the area contains war remnants including mines, all ships must contact the Iranian authorities to receive guidance on a safe route. At present, all vessels that have completed communication with Iran’s authorities have been granted passage permission.
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09:31

Morph Report: Stablecoin annual transaction volume reaches $33 trillion, expected to account for 10% of global cross-border payments by 2030

Morph’s “State of Stablecoins” report says that by 2030 stablecoins are expected to account for about 10% of global cross-border payments, and that the current annual transaction volume has already reached $3.3 trillion. Enterprise B2B payments are seeing significant growth, with settlement volumes expected to exceed $5 trillion in 2026 and the market size potentially reaching $1.9 trillion by 2030. Morph has also launched a $150 million Payment Accelerator to support the development of stablecoin infrastructure.
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09:29

Valve is reportedly developing an internal AI tool called SteamGPT to improve customer support and operations efficiency

Valve is developing an internal artificial intelligence tool called “SteamGPT” to improve customer support efficiency and internal task management. The system includes features to automatically compile player information and provide intelligent summaries of support requests, with the goal of optimizing workflows. At present, it is used only as an internal productivity tool.
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09:13

The Dubai Virtual Assets Regulatory Authority issues token issuance guidelines, clarifying the regulatory framework for stablecoins and RWA

Dubai Virtual Assets Regulatory Authority (VARA) has issued virtual asset issuance guidelines, clearly outlining the design and distribution of stablecoins and real-world asset tokens. Token issuance is divided into three categories, providing market participants with a reference by improving transparency and regulatory certainty. These guidelines are an interpretation of existing rules, not new regulations.
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