Global TradFi & Macroeconomics

Gate News: According to the latest Gate TradFi data, CRDO (Credo Technology Group Holding Ltd) has surged by 10% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Bitmine Immersion Technologies announced on April 13 that its ETH holdings reached 4,874,858 coins, accounting for 4.04% of the total supply, and it plans to reach 5%. Its total assets are about $11.8 billion, with most of its revenue—about $310 million annually—coming through staking. Despite facing roughly $4 billion in unrealized losses on the books, the company’s staking revenue provides steady cash flow and has raised governance-related risk considerations.

Bitmine has officially transferred from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a significant drop in its share price, it has still increased the share repurchase plan amount to $4.0 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.

U.S. President Trump announced a blockade of the Strait of Hormuz and will have it take effect on April 12; oil prices promptly surged. The U.S. military will intercept ships bound for Iran, but it will not affect shipping from other Persian Gulf countries. This move intensifies the global energy crisis, with oil prices breaking above $100, which could affect inflation and central bank policy. The market is also watching how geopolitical risk could impact risk assets.

Gate News: According to the latest Gate TradFi data, CRCL (Circle Internet Group Inc) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

U.S. President Trump threatens to impose an additional 50% tariff on China, claiming China is preparing to deliver air defense systems to Iran. This has heightened tensions between the U.S. and China. Trump’s threat is largely political pressure, and implementation would require legal procedures. China denies providing military aid and calls for restraint. The incident shakes the market, drives up oil prices, and affects the outlook for cryptocurrency.

Latam markets are emerging as investment opportunities amid the ongoing Middle East conflict, unaffected by the global energy crisis. Currencies in Brazil and Argentina appreciate, and analysts predict increased funds from Asia, driven by high interest rates and resilient commodities.

On April 13, gold and silver prices fell to $4,732.92 per ounce and $74.209 per ounce, respectively. The BTC volatility index rose by 0.42%, and the ETH volatility index rose by 0.31%. The U.S. dollar versus the Chinese yuan and the Japanese yen edged up slightly, major European stock indexes generally fell, while WTI and Brent crude oil prices rose. The Gate platform supports trading for multiple asset types.

On April 13, U.S. stocks opened lower: the Dow Jones fell 0.5%, the S&P 500 fell 0.22%, and the Nasdaq fell 0.26%. Crypto-related stocks were broadly down, with one CEX down 1.66% and Robinhood down 1.65%. msx.com is a decentralized RWA trading platform that has already launched multiple U.S. stock and ETF tokens.

2026-04-13 13:45 to 2026-04-13 14:00 (UTC), the BTC price fluctuated within the 70945.9 to 71699.9 USDT range. Within 15 minutes, it recorded a notable gain of +0.86%, with a swing of 1.06%. Market attention has surged, short-term volatility has clearly intensified, and on-chain large transfers, spot, and derivatives trading volumes have expanded in sync, indicating that the activity level of funds by major players is at one of the highest points of the year. The main driving force behind this anomaly is that BTC has been probing the 72000–73500 USDT range with a large amount of leverage shorts

From 2026-04-13 13:45 to 14:00 (UTC), ETH surged rapidly within a 1.48% amplitude. The price ranged from 2182.61 to 2214.98 USDT, and the return rate in 15 minutes reached +1.24%. This bout of unusual activity has drawn market attention, with active capital inflows and outflows, a marked increase in volatility, and a short-term warming of trading sentiment. The main driver behind this unusual activity is on-chain capital outflows and changes in the holdings structure. Over the past few weeks, the net positions of the 1k–10k ETH whale cohort and the 10k+ super whale cohort have continued to decline, around April 13, the related

The peace talks between Iran and the United States have broken down. The U.S. has blockaded the Strait of Hormuz and is considering airstrikes, causing international oil prices to break above $100. Bitcoin has fallen below $71,000. Experts warn that the world is facing a severe crude-oil supply shock, and stored oil is about to run out.

U.S.-listed Bitcoin custody company Exodus Movement filed a lawsuit in Delaware state court on April 13, seeking W3C Corp and its CEO to carry out the 2025 share acquisition agreement and to speed up the completion of the transaction. Exodus has received approval from the UK’s financial regulator and plans to drive the acquisition forward through litigation and the enforcement of security interests.

The American Bankers Association criticized the stablecoin report released by the White House Council of Economic Advisers, saying its analysis was wrong. It emphasized that allowing stablecoins to pay interest would lead to local banks’ deposits flowing out and would tighten credit, countering the report’s claim about the effects of the proposed ban.

Bitcoin and Ethereum prices were holding steady around April 13, and the overall crypto market weakened. Oil prices rebounded, influenced by the situation in the Middle East. Bitcoin ETF funds worth nearly $1 billion flowed in, but addresses still in unrealized losses remain in the majority, and open interest in futures contracts fell significantly.

Gate News: According to the latest Gate TradFi data, CLS (Celestica Inc) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Empery Digital disclosed that it sold 55 Bitcoins at an average price of $70,560, generating approximately $3.9 million in proceeds, bringing its holdings down to 2,934 Bitcoins. The company has repurchased about $147 million worth of shares and plans to continue selling Bitcoins to fund future repurchases and repay part of its debt.

OdinTing launches OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it showcases its fintech transformation. Through a partnership with MoneyGram, Wallet Pro enables cross-border transfers of stablecoins purchased with cash and operates in the U.S. market. The company’s offshore model bypasses Taiwan’s strict regulation and challenges the competitive landscape under the new draft law, which will in the future affect local players’ compliance strategies.

Gate News message. On April 13, the Innovation, Technology and Industry Bureau of the Hong Kong Special Administrative Region Government announced that it has signed with the National Internet Information Office a Memorandum of Understanding on Cooperation for the Development of Innovation and Technology, with the aim of promoting high-quality development of the digital economy empowered by technological innovation. The Memorandum of Understanding covers key areas such as artificial intelligence, cross-border data, and blockchain. The objective of the Memorandum of Understanding is to further implement the country’s national “15th Five-Year Plan”, support Hong Kong in building an international innovation and technology center, and promote the development of a new real-economy led by technological innovation.

Gate News update. On April 13, a notice to seafarers showed that the U.S. military announced it will impose a blockade in the Arabian Sea and the Gulf of Oman east of the Strait of Hormuz. According to the notice, any vessel that enters or leaves the blockade area without authorization will be intercepted, diverted, and detained. The blockade measure applies to all maritime traffic, regardless of the flag the vessel flies.