Gate Crypto Flash News and Market Updates

Contract whales share their trading strategy: when there is no extreme news, it’s recommended to open a short position when the overall market is up 5%–10%, and to open a long position when it falls. Today, the trader successfully closed the position, making profits of $12.12 million and $728k. Remind users to trade cautiously.

Gate News: According to the latest Gate TradFi data, RIOT (Riot Platforms) has surged by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News update, April 8, market data shows that Ethereum fell below the $2,200 mark, and the 24-hour gain narrowed to 6.1%.

Morph’s release report shows that the annual trading volume of stablecoins has reached $3.3 trillion, surpassing Visa and Mastercard. It is predicted that it will exceed $5 trillion by 2026, and by 2030 stablecoins will account for 10% of global cross-border payments.

2026-04-08 14:30 to 14:45 (UTC), the ETH spot market saw a rapid pullback, with the return rate recording -0.85%. The candlestick price range fluctuated between 2202.51 and 2227.59 USDT, with a swing amplitude of 1.13%. During this period, trading volume rose by about 10% versus the previous hour on a quarter-hour basis, short-term market volatility intensified, and mainstream investor attention noticeably increased. The main driving force behind this unusual move is that the ETF capital inflow momentum, which was strong on April 6, significantly weakened on April 8; institutions and some of the capital that had flowed in earlier chose to realize profits in the spot market, bringing concentrated selling.

2026-04-08 14:30 to 2026-04-08 14:45（UTC）, BTC spot return recorded -0.52%, with a price range of 70922.5 to 71512.2 USDT and a swing of 0.83%. During the event, market liquidity faced pressure; short-term volatility drew market attention, showing dynamic shifts between the funds side and the positions side. The main driver behind this abnormal move is the increase in exchange capital inflows and the whale’s large transfers being sold off. On-chain data shows that within 10 minutes, about 6.5 BTC were transferred into exchanges, with a clear increase, reflecting that some of the capital is accelerating the rotation between the fund side and the positions side.

Gate News bot 消息，Gate 行情显示，ETH 跌破 2200 USDT，现价 2198.15 USDT。

Gate News message: On April 8, according to some CEX price data, Bitcoin fell below 71,000 USDT and is currently trading at 70,997.66 USDT, with a daily decline of 1.29%.

Gate News bot 消息，Gate 行情显示，BTC 跌破 71000 USDT，现价 70994.2 USDT。

Gate News message: April 8, according to the New York Post, U.S. President Trump said he will soon begin peace talks in Pakistan. Trump said his son-in-law Kushner and special envoy Wittekoff will travel to take part in the talks, and Vice President Vance may also accompany them.

The Central Cyberspace Administration of China (CAC) convened a national meeting on advancing cybersecurity rule of law, stressing the need to strengthen cybersecurity rule-of-law work in six major areas—including overall coordination, legal implementation, fairness, and justice—in order to improve overall effectiveness and ensure security and fairness.

Caldera launched the Metalayer Token Launcher token issuance tool on April 8, enabling users to create MetaTokens without writing code. It supports two blockchain networks—Arbitrum and Ethereum—and offers near real-time cross-chain bridging. In the future, it will support more blockchain networks.

Gate News: According to the latest Gate TradFi data, CHCUSD50 (China A50 50x) has surged by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

A JPMorgan report shows that in Q1 2026, digital-asset inflows were about $11 billion, mainly coming from Bitcoin purchases. The overall crypto market is down 20%; positions in CME futures for Bitcoin and ETH have weakened, with capital concentrating into a small number of large exchanges, suggesting that investors are cautious.

Gate News update: On April 8, Iran’s media Fars News, citing officials, reported that Iran is considering launching an attack on Israel because Israel violated the temporary ceasefire agreement in Lebanon.

Gate News message, the Ethereum Foundation has sold 416.67 ETH in exchange for $933,340 DAI. The foundation continues to hold additional ETH holdings.

Between 13:30 and 13:45 (UTC) on 2026-04-08, the ETH price fell from 2265.79 USDT to 2234.72 USDT within 15 minutes, with a range of 1.37%. The candlestick return rate was -1.11%. The unusual downside move drew widespread attention from the market. Short-term volatility was significantly higher than in the surrounding periods, reflecting that trading sentiment was disrupted and driven by sudden dominant factors, and liquidity risk intensified. The main driving force behind this anomaly was a large-scale, synchronized transfer of whale funds into trading platforms. On-chain data shows four transfers with each amount exceeding 10k ETH, and exchange inflows

On-chain detective ZachXBT revealed that an anonymous source shared stolen data from North Korea’s internal payment servers, involving 390 accounts and encrypted transaction information. More than $3.5 million in funds vanished, and it is connected to a sanctioned company. ZachXBT has compiled a detailed organizational chart.

Standard Chartered Bank plans to restructure its holding of Zodia Custody Ltd., integrating its cryptocurrency custody business into the corporate and investment banking division, and expects to issue a related announcement within this month. Zodia Custody will continue to operate as an independent crypto-asset custody SaaS company.