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.
2026-04-07
06:24

Japan’s Prime Minister embroiled in a Meme coin controversy: SANAE TOKEN surges 40x then crashes, and a major regulatory crackdown is about to land

The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.
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SOL1.94%
06:13

Bank of Japan Former Policy Board Member: The central bank may raise rates before July, and core inflation has already reached the 2% target

Former Bank of Japan Policy Board member Seiji Ando said that due to rising oil costs caused by the Middle East war, the Bank of Japan may raise interest rates before July, as core inflation has already reached 2%. He believes the interest rate should be raised to about 1.25% as soon as possible, but the probability of a rate hike in April is only 50%.
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06:03

Monad co-founders urge DeFi protocols to use dedicated computers to manage multi-signature wallets

Gate News, April 7, Monad co-founder Keone Hon posted a call urging DeFi protocol operators to immediately use dedicated signing computers to perform multisig wallet operations and stop using everyday computers. Keone Hon pointed out that everyday computers are highly susceptible to compromise; once controlled, even if a hardware wallet is connected, the signing process may still be maliciously altered, creating serious security risks. In addition, the Monad Foundation may in the future introduce incentive mechanisms to encourage the team to adopt this security solution.
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06:01

Robinhood’s Project to Integrate Trump’s Account: A Double Challenge with Uncertainty Around the SpaceX IPO

Robinhood announced it is joining the U.S. Department of the Treasury-backed “Trump Account” financial program, acting as a broker and the initial trustee, emphasizing compliance and the safety of funds. The news pushed its stock price up in the short term, but it faces uncertainty in the SpaceX IPO competition. Its future performance will depend on its ability to execute its business.
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05:57

Kalshi Wins in New Jersey: Prediction Markets Get Federal Endorsement, Key Ruling in the Regulatory Authority Battle

American prediction market platform Kalshi made progress in its legal dispute with the state of New Jersey, as a court ruled that its contracts fall under federal regulation and are not gambling. The decision emphasized that the product meets the definition of a “swap transaction,” protecting Kalshi’s operations within the state. This case marks the first time a federal court has considered the legality of a prediction market, and increased attention will be paid to a unified regulatory framework going forward.
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05:51

Bitcoin ETFs pulled in $471 million in a single day, setting a new all-time high for the current phase; signals of institutional fund reflows have emerged.

U.S. spot Bitcoin ETFs recorded a net inflow of $471 million on April 6, 2026, setting a record for the largest single-day capital inflow. BlackRock’s IBIT and Fidelity’s FBTC dominated the market, together contributing approximately $329 million. Despite the clear return of funds, the price of Bitcoin still fluctuates around $68,000. Total ETF assets are close to $90 billion, and Q1 fund flows have been mixed, with the market staying cautious about future inflation data.
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BTC2.27%
05:45

XRP drops to $1.31, and a failed breakout combined with declining liquidity may trigger accelerated volatility

After failing to break above $1.35, the XRP price has fallen back to around $1.31, with an intraday drop of about 1.9%. The market shows clear selling pressure, and reduced liquidity is amplifying volatility; short-term sentiment is tilted toward defense. Key support is in the $1.31 to $1.30 range, and if it breaks down, it could test $1.28.
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XRP1.49%
05:41

In the past 24 hours, liquidations across the entire network totaled $197 million, with short liquidations accounting for over 54%.

Gate News message, April 7, according to CoinAnk data, over the past 24 hours the entire network liquidated $197 million in total, including approximately $89.12 million in long positions and approximately $108 million in short positions. By coin, liquidations were approximately $98.06 million for Bitcoin and approximately $37.04 million for Ethereum.
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BTC2.27%
ETH1.77%
05:00

Predicts On Polymarket, the FDV forecasts for the token launch on day one plunged across the board, and the settlement rules sparked controversy

On April 7, on the Predict platform, the FDV prediction market regarding Polymarket’s token launch day saw a sharp drop, with a 13% probability that FDV would be greater than $2 billion. Polymarket announced an upgrade to its trading engine and the launch of the stablecoin Polymarket USD, sparking controversy in the market over whether this would be considered a token issuance, which caused the probabilities for related events to fluctuate.
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04:31

Ethereum spot ETFs had total net inflows of $120 million yesterday, and none of the ten ETFs had net outflows

On April 6, Ethereum spot ETF total net inflows reached $120 million, and all ten ETFs achieved net inflows. BlackRock’s ETF ETHA and Fidelity’s ETF FETH had single-day net inflows of $60.82 million and $40.05 million, respectively, with historical net inflows of $11.62B and $2.33B, respectively. Total net asset value was $12.28B, and the net asset ratio was 4.74%.
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ETH1.77%
04:04

Bitcoin is hovering around the $68,000 threshold, and the risk of further downside is increasing as whales sell and demand remains weak.

Gate News: Bitcoin’s price has fallen to around $68,000. It had repeatedly failed to break through the $70,000 level, and market momentum has clearly weakened. The current price is still within the $65,000 to $73,000 trading range, but the risk of testing the lower end of the range is rising.
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BTC2.27%
04:02

The SEC will roll out new rules to “regulate cryptocurrencies”: defining what counts as fundraising and what falls under securities; it has already been submitted to the White House

The U.S. Securities and Exchange Commission (SEC) is set to roll out new rules for “regulating cryptocurrencies” to完善 the crypto asset regulatory framework and clarify whether trading constitutes a security. The rule is based on the 1933 Securities Act and may affect compliance pathways for mainstream assets, aiming to balance protecting investors with encouraging innovation.
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BTC2.27%
ETH1.77%