Gate Crypto Flash News and Market Updates

On April 3, precious metal prices fell, with gold and silver dropping 1.72% and 2.81%, respectively. The volatility index dipped slightly, and most of the foreign exchange market remained flat. European stock indexes were broadly lower, except for the UK FTSE 100, which rose slightly. Meanwhile, oil prices surged significantly, with WTI up 13.01% and Brent up 8.09%.

According to SoSoValue data, on April 2, the SOL spot ETF recorded a net inflow of $9.329 million for the day, all of which came from the Fidelity Solana Fund ETF. Its current total net asset value is $771 million, and its historical cumulative net inflows have already reached $980 million.

As of April 3, DRIFT’s price is up 24.16%, now trading at $0.0561, with a market cap of approximately $32.62 million. Drift Protocol, as a decentralized exchange, has performed well in terms of security and liquidity, but trading has been restricted due to recent security incidents and risk management measures by South Korean exchanges, which has increased market volatility.

Gate News, April 3, according to Gate market data, as of the time of this release, XPL (Plasma) is trading at $0.12. As of the time of this report, it has increased by 11.34% in the past 24 hours, reaching a high of $0.17 and dropping to a low of $0.10. The 24-hour trading volume is $9.1528 million. Its current market cap is approximately $281 million. Plasma is a high-performance Layer 1 blockchain designed specifically for stablecoins. Plasma is committed to serving the stablecoin market that has already surpassed a total issuance of $275 billion and monthly transaction volumes in the tens of trillions of dollars. Its core advantages include: zero-fee USDT transfers, custom Gas tokens, and convenient crypto payments. At the same time, supported by outstanding throughput, it provides solid backing for global-level transaction circulation. This news does not constitute investment advice; investors should be mindful of market volatility.

Gate News, April 3, according to OnchainLens monitoring, 4 hours ago, two addresses received 1,781 BTC from BitGo, worth $118.92 million.

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit on April 3 against Arizona, Connecticut, and Illinois, reaffirming its exclusive jurisdiction over event contracts and prediction markets, and seeking to have federal courts bar state-level interference with prediction market activities that comply with federal regulations.

Gate News: According to the latest Gate TradFi data, CHCUSD100 () has dropped by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

The official TRUMP token announcement says that boxer Tyson will attend the Mar-a-Lago holders’ luncheon on April 25 and give a speech. The first 297 holders can attend, and the first 29 can share the stage with Trump and 18 celebrities.

Gate News message, on April 3, Lighter founder and CEO Vladimir Novakovski revealed during the Q1 investor conference call that Lighter has already initiated the process of applying for a license for on-chain derivatives trading. Vladimir Novakovski said that if you want to attract large traditional financial institutions like Citadel, it would be impossible without a license.

Sonic Labs announced that 32.69 million S tokens that were not yet claimed in the Q1 and Q2 airdrops will be burned on October 15. Claims for the Q1 airdrop must be made by April 18; otherwise, you may face a penalty. For Q2, claims must be made by May 24.

On Polymarket, one account staked $170,000 on the Mavericks to beat the Spurs, with odds over 70%. The Mavericks’ current record is 39 wins and 37 losses, ranked 8th in the Western Conference; the Spurs are 57 wins and 18 losses, ranked 2nd. Victor Wembanyama may be sidelined.

Goolsbee said that with the economy impacted by the shock from oil prices and inflation not yet having eased, rising oil prices could further worsen inflation expectations, bringing greater difficulties and slowing hiring. Companies are facing uncertainty.

Gate News message, April 3, a representative from a prediction market platform, Mustafa, posted on the X platform, stating that in April the platform will provide over $5 million in liquidity subsidies for sports prediction markets.

Gate News reports that on April 3rd, according to OnchainLens monitoring, a newly created wallet address received 488,599 HYPE tokens from FalconX, worth 17.18 million USD.

Gate News message, April 3, Grayscale withdrew 11,169 ETH (about $22.86 million) and 150.4 BTC (about $10.07 million) from a certain CEX, totaling approximately $32.93 million.

Gate News message, April 3, Alternative.me data shows that today’s Crypto Fear and Greed Index fell to 9, and the market is in an “extreme fear” state. Yesterday, the index was 12, also in an “extreme fear” state.

Circle announced the launch of Circle Wrapped Bitcoin (cirBTC), a tokenized bitcoin product backed 1:1 by BTC. It is designed for institutional markets, supports on-chain real-time verification, and is suitable for institutional use cases, with plans to expand to multiple chains in the future.

Gate News update, April 3, according to The Atlantic, a source said that FBI Director Patel, Army Secretary Driskoll, and Labor Secretary Chavez-Dremer may leave the Trump administration.

Gate News message. On April 3, according to The Information, the AI company Anthropic acquired the biotech startup Coefficient Bio for about $400 million. Anthropic is the developer of the Claude large language model, and this acquisition marks its expansion into the biotech sector.

Gate News update, April 3, the Nikkei 225 index (Japan’s stock market benchmark) opened up 615.75 points, a gain of 1.17%, to 53,079.02 points. The Korea KOSPI index (South Korea’s stock market benchmark) opened up 145.0 points, a gain of 2.77%, to 5,379.05 points.