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.
2026-04-06
07:31

Last week, the total market capitalization of stablecoins increased by $1.81B to $317.11B, a 0.57% month-over-month increase.

Gate News message: On April 6, according to data from DeFiLlama, the total market capitalization of stablecoins in the crypto market reached $317.106 billion last week, increasing by $1.812 billion from the previous week, a week-over-week rise of 0.57%. Of this, USDT accounted for 58.04%, continuing to maintain its dominant position in the stablecoin market.
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06:32

BTC 15-minute pullback of 0.66%: Trade policy shock combined with large holders selling off triggers downside pressure

From 06:15 to 06:30 (UTC) on 2026-04-06, the BTC price dropped from 68807.2 to 69308.1 USDT; the 15-minute return recorded -0.66%, and the amplitude reached 0.72%. During this period, market volatility intensified, with trading volume and social discussion heat increasing in tandem, reflecting intense short-term capital games. The main driving force behind this abnormal movement came from sudden changes at the macro policy level. The United States has recently increased tariffs and continued its high-tariff policy, causing a sharp drop in global risk appetite and prompting investors to withdraw en masse from high-volatility assets. Related con
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BTC-0.23%
06:32

ETH short-term drops 0.74%: Mainstream capital splits and on-chain flows syncing up trigger volatility

2026-04-06 06:15 to 2026-04-06 06:30 (UTC), the ETH price fell 0.74% within the 15-minute window. The candlesticks show a trading range of 2120.42 to 2137.03 USDT, with a swing of 0.78%. During this phase, market sentiment rapidly switched; coin prices became more volatile, while on-chain activity remained at a high level. This indicates that overall market attention continued to rise. Short-term price fluctuations triggered intense battles between long and short positions. The main driver behind this unusual move was large on-chain capital splitting. Small and medium investors continued to move down-chain during this time period
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ETH-0.71%
06:17

Saudi Arabia raises the price of crude oil to be sold to Asia by $17 per barrel, with the premium hitting a record high.

Gate News message: On April 6, as Iran nearly shut down restrictions on regional energy transport through the Strait of Hormuz, and uncertainty about how long the conflict will last has kept the market unsettled, Saudi Arabia has raised its main crude oil price for sales to Asia by $17 per barrel versus last month. The premium level versus the Oman/Dubai average—(the Middle East oil pricing benchmark)—has reached a record high. Saudi Aramco has set the official selling price for its May-dated Arab Light crude oil for sales to Asia at a premium of $19.50 per barrel versus the Oman/Dubai average, up $17 per barrel from last month.
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06:01

BIT: Ethereum bullish call option selling pressure rising, volatility continues to trend downward

On April 6, BIT released a report stating that market trading volumes have shrunk. Bitcoin ETFs saw net inflows of $1.3 billion, while Ethereum continued to experience outflows. Geopolitical risks have not dissipated, and put-option strategies are increasingly favored. The Ethereum options market has shown significant changes, with traders choosing to sell call options more often to earn premiums.
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ETH-0.71%
BTC-0.23%
05:41

Figure Lianchuang: A certain CEX sent an incorrect tax notice and obstructed the passage of the CLARITY Act

Figure co-founder Mike Cagney recently received a 1099-MISC tax form from a certain CEX Custody showing last year’s income of $1,600, but the account’s assets are only $10. He is dissatisfied with the customer service’s runaround and criticized the exchange for blocking the passage of the CLARITY Act, arguing that the industry no longer needs to care about his views.
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05:22

Osmosis Update: Cosmos Hub Proposal—Cancel New ATOM Minting and Switch to Market Buybacks

Osmosis DEX updated a Cosmos Hub proposal, deciding not to mint additional ATOM anymore, but instead to gradually acquire the required ATOM through market purchases for OSMO/ATOM conversions. The capped amount is less than 2.5% of the total ATOM supply. It has now entered the governance discussion stage; if the proposal is approved, it will achieve liquidity and governance integration.
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OSMO-0.54%
ATOM1.28%
03:31

Good brother Majie, Huang Licheng closed his BTC and HYPE long positions, and his trading win rate over the past week has reached 80%.

Buddy Big Brother Huang Licheng has closed out all his BTC and HYPE long positions. He still holds a 25x leveraged long position with 8,200 ETH. His liquidation price is $2,002, with an unrealized profit of $465k. He has placed 33 ETH limit sell orders in the $2,141–$2,200 range. In the past week, he has closed 10 positions in total, winning 8 of them, for a win rate of 80%.
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BTC-0.23%
HYPE-5.15%
ETH-0.71%