Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-09
09:47

After a $2.4 million loss over the week, a mega whale opened a $30.2 million BTC short position with 40x leverage, with a liquidation price of $71,941

According to Gate News, after monitoring that 0x2fc “whale” suffered losses of over $2.4 million on April 9, it opened 423.4 BTC short positions with 40x leverage. The position size was about $30.2 million, with an average price of $71,113 and a liquidation price of $71,941; within less than half an hour, it was already down 11%.
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BTC1,71%
09:41

Iran’s deputy foreign minister: The Strait of Hormuz is open to civilian vessels, and passage requires contacting to obtain route guidance

Gate News update. On April 9, according to a report by UK ITV News, Iran’s deputy foreign minister said the Strait of Hormuz remains open to all civilian vessels, and that reports claiming the strait has been closed are untrue. Since the area contains war remnants including mines, all ships must contact the Iranian authorities to receive guidance on a safe route. At present, all vessels that have completed communication with Iran’s authorities have been granted passage permission.
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09:31

Morph Report: Stablecoin annual transaction volume reaches $33 trillion, expected to account for 10% of global cross-border payments by 2030

Morph’s “State of Stablecoins” report says that by 2030 stablecoins are expected to account for about 10% of global cross-border payments, and that the current annual transaction volume has already reached $3.3 trillion. Enterprise B2B payments are seeing significant growth, with settlement volumes expected to exceed $5 trillion in 2026 and the market size potentially reaching $1.9 trillion by 2030. Morph has also launched a $150 million Payment Accelerator to support the development of stablecoin infrastructure.
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09:29

Valve is reportedly developing an internal AI tool called SteamGPT to improve customer support and operations efficiency

Valve is developing an internal artificial intelligence tool called “SteamGPT” to improve customer support efficiency and internal task management. The system includes features to automatically compile player information and provide intelligent summaries of support requests, with the goal of optimizing workflows. At present, it is used only as an internal productivity tool.
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09:13

The Dubai Virtual Assets Regulatory Authority issues token issuance guidelines, clarifying the regulatory framework for stablecoins and RWA

Dubai Virtual Assets Regulatory Authority (VARA) has issued virtual asset issuance guidelines, clearly outlining the design and distribution of stablecoins and real-world asset tokens. Token issuance is divided into three categories, providing market participants with a reference by improving transparency and regulatory certainty. These guidelines are an interpretation of existing rules, not new regulations.
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08:58

Deutsche Bank: If Trump pressures the Fed to cut rates, the dollar could weaken

Gate News message, April 9, German commercial bank FX analyst Antje Praefcke said in a report that if Trump again calls for rate cuts, the U.S. dollar could weaken. The report said the oil-price shock triggered by the Iran war should gradually feed through to the price level. Even if the war ends, energy prices may not return to pre-conflict levels. Trump may re-apply pressure on the Federal Reserve to cut rates in order to boost support ahead of midterm elections.
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08:47

BTC up 0.49% in 15 minutes: Short squeeze and U.S. economic data jointly drive the market

From 2026-04-09 08:30 to 2026-04-09 08:45 (UTC), BTC surged quickly within the USDT 70979.6 to 71333.3 range. The 15-minute return was +0.49%, with a range (amplitude) of 0.50%. Near-term market volatility intensified, market attention increased significantly, the number of active on-chain addresses remained consistently above 120k, and daily trading volume exceeded $2.0 billion, reflecting rising user participation. The main driving force behind this abnormal move was a large-scale liquidation of short positions in the futures market, with approximately $273 million in short funds being forced to liquidate during this period
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BTC1,71%
08:31

Bitcoin’s implied volatility drops to an intra-year low, and the market is reacting mildly to Friday’s CPI data

April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.
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BTC1,71%
08:24

The Iran-Israel ceasefire boosts market sentiment, and Tom Lee says the U.S. stock market’s near-term bottom may already be confirmed

After Donald Trump’s announcement of a two-week temporary ceasefire between the U.S. and Iran, the three major U.S. stock indexes rebounded sharply. The Dow gained more than 1,300 points, posting its best performance in nearly a year. The market is confirming a partial bottom, and it is expected that the S&P 500 will rise to 7,300 points within the year. Sectors such as technology stocks are seen as having promising prospects.
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08:22

Robinhood Launches Lombard (BARD) Spot Trading

Gate News message: On April 9, the U.S. stock trading platform Robinhood announced that it has launched spot trading for Lombard (BARD). Lombard is a Bitcoin liquid staking protocol. Through this protocol, users can stake BTC to earn yield.
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BARD2,59%
BTC1,71%