Gate Crypto Flash News and Market Updates

Gate News: According to the latest Gate TradFi data, XUNCE (XUNCE 03317.HK) has surged by 14% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Solana co-founder toly noted that the industry needs a stablecoin that can only be frozen under a court order, opposing other freeze factors. He suggested that the protocol issue a stablecoin with custom freeze strategies on the base layer and strengthen security measures. This view stems from a recent response by Circle to the Drift protocol hack incident, sparking discussions about centralized stablecoins.

Gate News message, According to April 13 data, Bitcoin ETFs recorded a 1-day net inflow of 3,353 BTC (+$240.82M) and a 7-day net inflow of 10,712 BTC (+$769.27M). Ethereum ETFs saw a 1-day net inflow of 29,225 ETH (+$64.41M) and a 7-day net inflow of 44,575 ETH (+$98.24M). Solana ETFs registered a 1

Gate News message, April 13, according to Whale Alert monitoring, Circle minted an additional 250 million USDC on the Solana network at 23:45 Beijing time today.

Gate News update. On April 13, according to monitoring by Onchain Lens, a whale opened 20x leveraged ETH long positions using two different wallets. The whale holds 13,000 ETH, worth approximately $28.67 million. In addition, the whale also holds a 20x leveraged SOL long position with a size of 286,153 SOL; and a 5x leveraged DYDX long position.

On April 13, the cryptocurrency market saw volatile performance. RaveDAO had the largest gain, reaching 207.51%, with a current price of $9.94; Polkadot had the largest drop, down 4.57%, with a current price of $1.17. Overall market dynamics are worth watching.

Investment bank William Blair said that after a decline in its stock price in the first quarter, a certain CEX has already completed risk clearing, and the market has fully priced in expectations of weak trading volume and revenue. Although the trading data is soft, the impact is limited; the exchange has strengthened its competitiveness through a diversified layout. The stablecoin USDC continues to grow, raising its market share and generating synergistic benefits. Institutional investors are bullish on a market recovery and believe the exchange has upside potential.

Gate News message: On April 13, according to the network status monitoring site DownDetector, users reported issues with the Claude AI service. Claude is an AI assistant product launched by Anthropic.

Former U.S. CFTC Chairman Chris Giancarlo will step down at the end of April as a senior adviser at the law firm Willkie Farr & Gallagher and move into digital-asset consulting and policy research. At the same time, his new book *CryptoDad New Adventures* will be published in October, telling the story of the evolution of the crypto industry.

According to CoinGlass data, the total liquidation amount in the cryptocurrency market on April 13 over the past 24 hours reached $229 million. It was mainly dominated by short liquidations. BTC and ETH were liquidated by $64.4103 million and $33.2034 million, respectively, and a total of 153,407 people were liquidated.

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

Gate News message, April 13, market conditions show that BTC broke through 72,000 USDT and is currently at 72,024.1 USDT, with a 24-hour gain of 1.68%.