Gate Crypto Flash News and Market Updates

On April 6, gold prices fell to $4,675.42 per ounce, and silver prices were $72.681 per ounce. In the crypto market, the BTC and ETH volatility indexes were 47.66 and 67.41, respectively. In the FX market, the U.S. dollar versus the Chinese yuan and the Japanese yen edged down, European stock indexes generally declined, WTI crude oil rose, and Brent crude oil fell. The Gate platform supports trading for a variety of financial market products.

Goldman Sachs analysts say that global oil supplies have not run out, but as the risk of localized supply disruptions increases—especially in Asia—there could be an oil shortage and prices may rise. Even so, because major economies such as Japan have strategic reserves, the market remains flexible; however, if problems in the Strait of Hormuz persist, the consequences will be even more severe.

Gate News, April 6, Onchain Lens monitoring shows that a whale address has opened 10x leveraged gold long positions. Current holdings are 2,831.5 $GOLD, with a position value of $13.2 million.

From 14:15 to 14:30 (UTC) on 2026-04-06, the ETH price realized a return of +0.59%. It traded within the USDT 2142.15 to 2165.93 range, with an amplitude of 1.11%. The short-term rise was accompanied by a clear increase in trading volume; market attention improved, and real-time sentiment showed bullish/positive buying pressure, with volatility intensifying. The primary driver of this unusual move is that a large amount of capital entered and concentrated in the market in a short period of time. On-chain data shows that during this window, the total trading volume across ETH’s main trading pairs increased by about 20%, and many individual orders were greater than 500 ETH; the indicators are significant.

Resolv Labs destroyed 36.73 million USR tokens held by the hacker via a contract upgrade. Previously, the hacker had minted 80 million USR tokens through a vulnerability and sold them off. The project team has since burned about 46 million USR tokens, and the actual loss was $34 million.

The U.S. Department of the Treasury has selected BNY Mellon and a financial technology company to implement the tax-deferred investment account plan under the 530A provision introduced by Trump. The plan is intended to establish government-subsidized savings accounts for children of U.S. citizens born after 2025, with an initial amount of $1,000 per account, invested in stock market index funds.

OFA Group and MD Queens Development have reached an agreement to provide RWA tokenization services, supporting the blockchain infrastructure for a Long Island project in New York. OFA will receive a total of $15 million in funding, paid in stages.

On April 6, the Institute for Supply Management in the United States released the March services sector data. The services price index rose to 70.7, the largest increase in 14 years. The services index fell to 54 due to slower employment and business activity; the services employment index declined to 45.2, the biggest monthslong drop since the COVID-19 outbreak. New order growth remained strong, but rising energy costs put pressure on businesses.

Gate News: According to the latest Gate TradFi data, VIX (VIX) has dropped by 4.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News message. On April 6, when U.S. stocks opened, the Dow Jones Industrial Average fell 0.1%, the S&P 500 rose 0.09%, and the Nasdaq Composite rose 0.2%. For individual stocks, Netflix (NFLX.O) rose 2.7%, with Goldman Sachs upgrading its rating from Neutral to Buy; Seagate Technology (STX.O) rose 6.3%, with Morgan Stanley adding the stock to its preferred list.

Gate News announcement, April 6, Wells Fargo adjusted its forecast for the Federal Reserve (U.S. Federal Reserve System) 2026 interest rate policy, expecting the Federal Reserve to keep interest rates unchanged in 2026, whereas the prior forecast was for two rate cuts this year.

Gate News message. On April 6, according to The Block, South Korea’s payments and banking giant Toss disclosed that it is considering developing its own blockchain network and issuing a native cryptocurrency. Insiders say Toss may build on a Layer1 mainnet and is exploring Layer2 expansion solutions, but has not yet made a final decision on what architecture to use. Related decisions are influenced by the progress of South Korea’s “Digital Asset Basic Act,” which will regulate key areas such as token issuance, stablecoins, and crypto ETFs.

Bitcoin treasury firm Empery Digital sold 370 bitcoins last week at an average price of $66,632 per coin, generating about $24.7 million in revenue. Its holdings fell to 2,989 bitcoins. At the same time, the company has repurchased about $142 million worth of shares and plans to continue reducing its bitcoin position to support future share buybacks and repayment of its debt.

Gate News message, April 6, BTC Digital signed a joint development and operations agreement with Canadian energy company Aurora Energy. The two sides will combine Aurora Energy’s natural gas resource advantages and BTC Digital’s experience in operating computing infrastructure to jointly build high-performance computing facilities. The facility’s initial phase will support Bitcoin mining, with plans to expand in the future to artificial intelligence computing, data center computing, and other high-performance computing application scenarios.

Gate News message, April 6, RED briefly touched 0.22 USDT, and is currently reported at 0.198 USDT. The 24-hour gain is 96.73%.

Gate News message. On April 6, the White House in the U.S. said that U.S. President Trump has not yet approved a ceasefire plan. The White House said that a potential ceasefire proposal is only one of many ideas.

Gate News, April 6, Citibank adjusts its expectations for Federal Reserve rate cuts, forecasting that the timing for the first rate cut will move back from the previously expected June to September.

BitMine released a holdings update on April 6. The total value of its crypto assets and moonshots reached $11.4 billion. It holds ETH, BTC, and multiple equity positions, and has been approved to upgrade from NYSE American to the NYSE main board. The stock will begin trading in the new market on April 9.

Bitcoin treasury company Strive recently increased its holdings by 113 BTC, bringing its total holdings to 13,791 BTC, ranking ninth. CEO Matt Cole hinted that it will surpass a certain CEX that holds 15,389 BTC.

Robinhood’s private-market fund Robinhood Ventures I, introduced by Robinhood, has rebounded by about 30% after an early dip. The fund aims to give retail investors opportunities to invest in late-stage shares of private, not-yet-listed companies. Analysts have warned that a potential IPO could cause short-term volatility, but the负责人 said there are still long-term investment opportunities.