Gate Crypto Flash News and Market Updates

Gate News message, April 4, whale trader "set 10 big goals first" posted on the X platform showing its long positions, indicating it has again gone long on Bitcoin, with a limit price of 67023.8 USD. The account has recently drawn attention for the accuracy of its market outlook, but its trade screenshots come from a centralized exchange and cannot be verified for authenticity; users should exercise caution, assess the information carefully, and be mindful of risks.

The World Gold Council report shows that in February 2026, central banks in various countries net bought 19 tons of gold. Although this is below the 2025 average, it is up from January’s 5 tons. Central banks’ acceptance of gold continues to strengthen, with both the Czech Republic and China maintaining consecutive gold-buying records. Goldman Sachs and UBS predict that gold prices may rise in the future.

Gate News message, on April 4, Iran’s Tasnim News Agency reported that Iran has approved ships carrying essential supplies to travel through the Strait of Hormuz to Iranian ports.

Despite weakness in the crypto market, the stablecoin market continues to grow. Over the past week, total market capitalization rose by 0.43%, reaching $317.26B, a new all-time high. The market share of USDT fell to 58.03%, while the circulating market cap of USDS under Sky increased by 9.57%, becoming the third-largest stablecoin.

Trump believes Iran’s new leadership is more moderate, but experts say that a regime change is only a change of leaders and does not alter its governance structure. War has strengthened the power of Iran’s hardliners, intensifying anti-American sentiment, and has not, in fact, led to any major change in the United States’ stance.

On April 4, CryptoQuant analyst Darkfrost posted a message, pointing out that the Ethereum derivatives market is showing a “structural change.” The net trader execution volume has turned positive for the first time, with buy-side pressure in control, which could help form a market bottom and may kick off a new round of upside.

A prediction market platform removed markets about the fate of a missing American pilot for violating the “integrity standards,” triggering controversy. U.S. House lawmakers criticized such betting as “disgusting” and questioned rule transparency. Meanwhile, concerns about insider trading have intensified, and regulators are calling for stronger restriction measures.

Shanghai Municipal Government issued the “Game 10 Articles for Shanghai,” supporting the development of the gaming and esports industries, focusing on the application and R&D of technologies such as AI, big data, and blockchain, promoting cooperation between game companies and device manufacturers, and exploring multi-device development.

Gate News message, April 4, the Cyberspace Administration of China released a notice on publicly soliciting comments on the draft of the Measures for the Administration of Information Services for Digital Virtual Humans. The Measures state that starting from the provision of digital virtual human services, service providers of digital virtual human services, service users, and service providers that provide online information content dissemination services shall, throughout the entire process, continuously display prominent warning signage containing the wording "digital human" in the digital virtual human display area, and shall comply with the regulations regarding signage for state-made artificial intelligence generated synthetic content. (Xinhua News Agency)

Gate News message, a whale has deposited $1 million USDC into HyperLiquid after a five-month absence and opened a 20,000 BRENTOIL long position using 20x leverage. The whale has previously generated profits exceeding $12.44 million.

The Indian Ministry of Petroleum announced that, due to the impact of the Middle East conflict on supplies through the Strait of Hormuz, Indian refineries have begun purchasing Iranian crude oil—this is the first time this transaction has been resumed since 2019. At the same time, India is ensuring it meets crude oil demand in the coming months, including by sourcing flexibly from multiple countries.

According to Glassnode data, in the first quarter of 2023, the average daily losses for “sharks” holding between 100 and 1,000 BTC and “giant whales” holding between 1,000 and 10,000 BTC were 188.5 million and $147.5 million, respectively, totaling approximately $337 million. Meanwhile, the year-to-date cumulative losses have already reached $30.9 billion, approaching the level of the 2022 bear market. Long-term holders’ average daily losses are still around $200 million, with the market affected by macro risks and weakening confidence.

Hyperscale Data announced that its subsidiary received approximately $26.6 million in lawsuit settlement payments, improving liquidity. The company’s Bitcoin holdings increased to 633.8609 BTC; Sentinum holds 586.6674 BTC, mainly obtained through market purchases and mining.

A court in Qinchou District, Tianshui, Gansu, tried a case of virtual currency money laundering. The defendant withdrew more than 390k yuan using a “high-paying errand runner” method, converted the funds into virtual currency, and earned profits of 21.5k yuan. The court sentenced him to two years and four months in prison and fined him 10k yuan. The judge reminded the public to stay alert against participating in cash withdrawals and transfers, so as not to become an accomplice to crime.

VanEck Research head Matthew Sigel said that demand for hedging in the Bitcoin derivatives market has reached the 99th percentile in history, suggesting that it may be suitable to establish long positions. At the same time, he warned that high capital expenditures in the artificial intelligence sector could put pressure on the market, especially in the S&P 500.

The International Monetary Fund recommends that the Bank of Japan continue raising interest rates, despite new risks to Japan’s economy stemming from the Middle East war. Rising oil prices and yen depreciation have intensified inflation pressures. The IMF expects inflation to return to the 2% target in 2027 and emphasizes the importance of a flexible interest-rate policy.

A Nevada judge ruled that Kalshi’s sports prediction market products have no substantive difference from gambling, extended the injunction prohibiting it from offering related services locally until the case is further considered. Regulators believe it should be subject to the state’s gambling regulations.

Gate News message, April 4, Nasdaq-listed miner Bitdeer disclosed its latest Bitcoin holdings data. As of the week ending April 3, its mining output was 149.7 BTC, all of which has been sold, and it is currently maintaining a zero Bitcoin position.

Gate News message, on April 4, Israel’s Prime Minister Netanyahu said during a situation assessment with senior officials that the Israel Defense Forces will continue to carry out intense strikes with the U.S. against Iran. Netanyahu said that the Israeli forces are continuously removing Iranian military commanders and bombing infrastructure, including bridges. He revealed that the Israeli forces have destroyed about 70% of Iran’s steel production capacity, weakening the Islamic Revolutionary Guard Corps’ financial sources and reducing its ability to mass-produce weapons.

Gate News message, April 4, according to on-chain analysts Onchain Lens monitoring, a newly created wallet address received 40,000 ETH from FalconX, worth approximately $82.12 million; the wallet appears to belong to Bitmine.