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📢 Gate Square Daily | April 21
1️⃣ Geopolitical Situation: Polymarket predicts the probability that “Strait of Hormuz will return to normal before May 31” has risen to 68%, up 9% in 24 hours.
2️⃣ Market Trends: BTC is up about 2.4% in 24 hours, and ETH, XRP, SOL, and major altcoins have followed with strength.
3️⃣ Crypto Regulation: US crypto market structure legislation has been delayed, and the Senate Banking Committee’s April review is unlikely.
4️⃣ Security Incidents: After Kelp was hacked, the cascading effects continued, shrinking Aave TVL by $8 billion, with the bad debt amount at about $195 million, triggering a large-scale wave of withdrawals.
5️⃣ Platform Updates: Gate Pre-IPOs’ first launch of SpaceX ($SPCX) surpassed the $300 million subscription milestone.