Gate Crypto Flash News and Market Updates

Research by the International Monetary Fund shows that tariffs have a limited effect in regulating global trade deficits, and that the real influencing factors are macroeconomic policies. As global imbalances expand and financial risks rise, market structures may adjust, and crypto assets could become a tool for hedging uncertainty.

As the XRP price enters a key policy window, the progress of the U.S. Senate's “CLARITY Act” over the next three weeks will affect its 2026 outlook. XRP is currently trading at about $1.34; if the bill passes smoothly, it could bring in $4.0 billion to $8.0 billion in capital inflows, driving the price higher. Otherwise, it will depend on the broader macro environment and could fall to below $1.20. Policy progress is the dominant factor right now, and April will become a crucial turning point.

Gate News message: On April 7, Japan’s 40-year JGB yield fell by 1.0 basis point to 3.955%.

Traditional finance giant Charles Schwab plans to launch “Schwab Crypto” in the second quarter of 2026, offering spot trading of Bitcoin and Ethereum to 38.9 million customers. This model will lower the investment threshold, change the previous way investors indirectly allocate to crypto assets, and meet market demand. Meanwhile, with low fees and a large customer base, Schwab may disrupt existing crypto platforms, and in the future it may also roll out stablecoin products to build a digital asset ecosystem.

Reports say that Iran’s Supreme Leader, Mojtaba Khamenei, is receiving treatment in the holy city of Qom after a severe deterioration in his health. He is in a coma and is unable to participate in government decision-making. This situation increases uncertainty in the Persian Gulf.

Gate News update: On April 7, Israeli officials said that Iran’s rail infrastructure will be targeted for attack today. Earlier, the Israel Defense Forces and Israeli national security police warned Iranian citizens to avoid using and riding trains before 21:00 Iran time.

BlueBay Chief Investment Officer Mark Dowding reported that Japan’s Prime Minister Sanae Takaichi is focused on economic growth and may delay the central bank’s normalization of interest rates. He noted that a dovish policy could lead to concerns about inflation and put pressure on Japan’s government bond yield curve, with expectations that the yield curve for 10- to 30-year government bonds will continue to flatten further.

The Georgia State Legislature passed three AI-related bills, especially requiring chatbots to clearly identify themselves and protect minors. It is expected to set a precedent for AI compliance frameworks across the United States, while strengthening industry responsibility and compliance costs.

This week, the U.S. will release four macroeconomic data points, including the FOMC meeting minutes and CPI data, which could determine whether Bitcoin can hold the $67k level. Bitcoin is currently trading in a range around $69k, with a 23% decline year-to-date. Market sentiment is subdued, and institutional capital support is limited, resulting in weaker demand—making this a key moment in the long-versus-short battle.

Well-known trader James Wynn failed to short Bitcoin on the Hyperliquid platform, was forced to close the position, and suffered losses close to $20 million. Over the past two weeks, he has already been liquidated 6 times, highlighting the risks of high-leverage trading. Bitcoin has recently rebounded, driven mainly by short-seller squeeze, and the market’s total capitalization has risen to about $2.35 trillion.

The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.

OpenMind’s Fabric Foundation has announced that it is building the infrastructure for a robot economy, focusing on four main pillars: robotic financing, agent payments, data flywheels, and a behavioral framework for robots. The goal is to improve the sustainability and safety of the robotics industry.

Former Bank of Japan Policy Board member Seiji Ando said that due to rising oil costs caused by the Middle East war, the Bank of Japan may raise interest rates before July, as core inflation has already reached 2%. He believes the interest rate should be raised to about 1.25% as soon as possible, but the probability of a rate hike in April is only 50%.

Gate News, April 7, Monad co-founder Keone Hon posted a call urging DeFi protocol operators to immediately use dedicated signing computers to perform multisig wallet operations and stop using everyday computers. Keone Hon pointed out that everyday computers are highly susceptible to compromise; once controlled, even if a hardware wallet is connected, the signing process may still be maliciously altered, creating serious security risks. In addition, the Monad Foundation may in the future introduce incentive mechanisms to encourage the team to adopt this security solution.

Robinhood announced it is joining the U.S. Department of the Treasury-backed “Trump Account” financial program, acting as a broker and the initial trustee, emphasizing compliance and the safety of funds. The news pushed its stock price up in the short term, but it faces uncertainty in the SpaceX IPO competition. Its future performance will depend on its ability to execute its business.

American prediction market platform Kalshi made progress in its legal dispute with the state of New Jersey, as a court ruled that its contracts fall under federal regulation and are not gambling. The decision emphasized that the product meets the definition of a “swap transaction,” protecting Kalshi’s operations within the state. This case marks the first time a federal court has considered the legality of a prediction market, and increased attention will be paid to a unified regulatory framework going forward.

U.S. spot Bitcoin ETFs recorded a net inflow of $471 million on April 6, 2026, setting a record for the largest single-day capital inflow. BlackRock’s IBIT and Fidelity’s FBTC dominated the market, together contributing approximately $329 million. Despite the clear return of funds, the price of Bitcoin still fluctuates around $68,000. Total ETF assets are close to $90 billion, and Q1 fund flows have been mixed, with the market staying cautious about future inflation data.

After failing to break above $1.35, the XRP price has fallen back to around $1.31, with an intraday drop of about 1.9%. The market shows clear selling pressure, and reduced liquidity is amplifying volatility; short-term sentiment is tilted toward defense. Key support is in the $1.31 to $1.30 range, and if it breaks down, it could test $1.28.

Gate News message, on April 7, the Bank of Korea and the Banque de France held a seminar to discuss issues related to digital assets and climate change.