📢 Gate Square Daily Report | April 21


1️⃣ Geopolitical Situation: The probability that Polymarket’s “Strait of Hormuz returns to normal by May 31” has risen to 68%, up 9% over the past 24 hours.
2️⃣ Market Update: BTC is up about 2.4% over the past 24 hours, with ETH, XRP, SOL, and major altcoins following the strength.
3️⃣ Crypto Regulation: The U.S. crypto market structure legislation has been delayed, and the Senate Banking Committee’s April review is unlikely.
4️⃣ Security Incident: After Kelp was hacked, the chain reaction continued—Aave’s TVL shrank by $8 billion, with bad debt totaling approximately $195 million—triggering a large-scale wave of withdrawals.
5️⃣ Platform Update: Gate Pre-IPOs’ inaugural offering, SpaceX ($SPCX), has surpassed the $300 million subscription milestone.
BTC-1.6%
ETH-1.41%
XRP-0.97%
SOL-1.43%
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