Global TradFi & Macroeconomics

Gate News update, April 12, Bloomberg ETF analyst Eric Balchunas disclosed that Bitwise has once again updated its Hyperliquid ETF application filings. The trading symbol is set to BHYP, and the management fee is 67 basis points (0.67%). Eric Balchunas said that this move typically means the ETF will be launched soon.

Michael Saylor asserted that Bitcoin has already completed a bottoming process when it reached $60k, and he believes concerns about threats from quantum computers are overstated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and he noted that the market’s selling pressure is limited, which could help drive a new bull market. Mizuho also gave a positive assessment of the company’s future performance.

An Iran-U.S. peace negotiation is about to begin. The Iranian delegation consists of 71 people and is led by Speaker Kalibaf; the U.S. side has a 300-person delegation, mainly security and guard personnel. The two sides’ lineup differences are significant, and the negotiations will touch on sensitive issues such as economic sanctions and nuclear facilities.

Bitcoin treasury firm Nakamoto is seeking shareholder approval for a reverse stock split to meet Nasdaq listing requirements. The move follows a steep share price decline and mounting pressure on its business model. Key Takeaways Nakamoto stock currently trades at $0.21, as the company seeks a r

CNN reported that a security source in Iran said the Strait of Hormuz will continue to be blocked before Iran and the United States reach a negotiated joint framework, because the U.S. side has put forward excessive demands. Iran emphasized that it is not in a hurry to take action; things will remain as they are, and the number of ship passages also cannot be realized.

Canary Capital has filed for a spot PEPE ETF with the SEC, aiming to directly hold PEPE tokens while possibly keeping 5% in Ether for fees. This move reflects growing interest in meme coins, despite PEPE's significant decline in value.

Bitmine Immersion Technologies（BMNR）successfully moved to the New York Stock Exchange main board on Thursday. Chairman Tom Lee said this is an important milestone. The company also increased its share repurchase program authorization to $4 billion, yet the stock price still faces challenges, having fallen by about 90% since last year’s peak. Bitmine holds about 4.8 million ether, and its future performance will be influenced by the broader economy and geopolitics, especially as market risk appetite rises and the cryptocurrency market is expected to benefit.

An Iranian official source says the U.S. has agreed to unfreeze Iranian assets stored in places such as Qatar, as a gesture of good faith in negotiations, and also notes that the funds involve security in the Strait of Hormuz. However, the U.S. side denies this claim and reiterates that the funds remain restricted and can only be used for humanitarian purposes.

Michael Saylor asserts that Bitcoin has finished bottoming out when it hit $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that in the future, Bitcoin will become the core of a digital credit system, and he notes that there is limited selling pressure in the market, which could help drive a new bull run. Mizuho also has a positive assessment of the company’s future performance.

U.S. spot Bitcoin and Ether ETFs saw significant inflows, totaling $443.3 million on April 9, indicating renewed institutional interest in crypto funds. Bitcoin ETFs led with $358.1 million, driven by BlackRock's iShares, while Ether ETFs gained $85.2 million, primarily from BlackRock’s ETHA. This surge reflects a shift in investor sentiment and confidence in the crypto market.

Grayscale crypto ETF options are advancing through regulatory review, as the SEC evaluation of NYSE American’s proposal reflects a structured approach to expanding institutional access to digital asset derivatives. Key Takeaways: SEC review targets NYSE American proposal tied to Grayscale ETF

Strategy, led by Michael Saylor, on April 10 alone, is estimated to have gone on a buying spree of 3,468 bitcoins by issuing STRC preferred shares, with its total holdings nearing 770k BTC. STRC offers an annualized return of up to 11.5%, helping it continue to expand its capital base and become the world’s largest bitcoin holder.

From 2026-04-11 18:30 to 2026-04-11 18:45 (UTC), ETH’s 15-minute return recorded +1.44%, with a price range of 2263.12 to 2312.65 USDT and a range amplitude of 2.19%. After a surge with heavy short-term volume, market attention rose rapidly, and volatility increased significantly. The main driving force behind this move is a strong reversal in ETF fund flows and a synchronized liquidation of derivatives market shorts. Specifically, on April 10, the ETH spot ETF recorded a net inflow of $114 million—its largest in three months—

Michael Saylor asserts that Bitcoin has already finished bottoming out at $60k, and believes concerns about threats from quantum computers are overstated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and also noted that there is limited selling pressure in the market, which could drive a new bull cycle. Mizuho has a positive assessment of its company’s future performance.

XRP is trading at $1.34 as traders await the Senate's action on the XRP CLARITY Act, with potential for significant ETF inflows. The Banking Committee's markup is expected in late April, crucial for defining XRP’s regulatory status.

Bitcoin moved from $72,000 to $72,400 on April 10 after March core CPI printed below expectations, giving crypto bulls a short-lived reprieve from months of sustained macro pressure. Summary March core CPI rose just 0.2%, below the 0.3% consensus forecast, while headline CPI climbed 0.9% on

Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 2,700 BTC (worth $196.87 million) and 30,000 ETH (worth $67.42 million) from a certain CEX.

Gate News message, on April 11, local time on the 11th, Iranian President Pezeshkian posted on social media that the Iranian high-level delegation traveling to Pakistan will do everything to protect the country's interests and will conduct negotiations with a brave attitude. Pezeshkian emphasized that regardless of the outcome of the negotiations, the Iranian government’s work to serve the people will not stop for a moment, and the Iranian government has always stood with the people.

According to data from a research institution, crypto perpetual contracts that are anchored to traditional assets are gradually becoming a tool for “pre-pricing Wall Street,” with their weekend price movements predicting the accuracy of Monday’s traditional market by as much as 89%. Trading volume and weekend activity for these contracts have increased significantly, and they have become an important reference for gauging the short-term direction of traditional markets.

Bitmine chairman Tom Lee said on the X platform that although there are still doubts in the market, there are signs that the bottom has already formed. He is bullish on Ethereum and related assets and believes crypto is a wartime value-preservation tool. Risk assets may rebound, but it’s important to watch whether the macroeconomic environment and geopolitical situation remain stable.