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.
2026-04-02
01:31

PHA (Phala Network) up 10.89% in 24 hours

Gate News, April 2, according to Gate market data, as of the time of writing, PHA (Phala Network) is trading at $0.03908. Over the past 24 hours, it is up 10.89%, with a high of $0.04013 and a low of $0.03332. Its current market cap is approximately $32.5464 million. Phala Network is a Polkadot privacy compute parallel chain, aiming to become Web3.0 privacy-preserving infrastructure. Built on Substrate and implemented through a TEE blockchain architecture to enable confidential smart contracts, it provides privacy compute services for the Polkadot ecosystem. PHA is the platform’s native utility token, used to purchase trusted compute resources, pay data exchange fees, participate in security assurance mechanisms, and vote in community governance. Phala
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PHA-14,46%
DOT-4,62%
01:31

WTI crude oil breaks above $100 per barrel, Brent crude oil approaches $99

Gate News message: April 2, WTI crude oil (U.S. West Texas Intermediate crude oil futures) broke through $100 per barrel, up 0.93% during the day. Brent crude oil (international benchmark crude oil futures) broke through $99 per barrel, up 0.27% during the day. As oil prices rise, Trump is giving a speech.
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01:29

In 2016, an ancient-ETH whale allegedly sold 3,915 ETH and 24,000 AAVE, totaling about $10.72 million

Gate News message. On April 2, according to on-chain analysts monitoring, a 2016 ancient ETH whale with an exceptionally low cost basis of $203.22, after sleeping for one month, woke up yesterday (April 1), then immediately made high-frequency consolidations to addresses and deposited 3,915 ETH and 24,000 AAVE to a certain CEX, suspected to be selling. The total value is approximately $10.72 million. After the deposit, only 52 ETH remained on-chain. After holding Ethereum for nearly 10 years, the whale is now nearly fully liquidated.
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ETH-3,12%
AAVE-10,94%
01:23

Trump: The core strategic goal is close to being achieved, and the rise in U.S. oil prices is a short-term phenomenon.

In a nationwide televised address, Trump provided a detailed account of the military achievements of “the Epic of Righteous Anger” and said the U.S. military quickly achieved victory. He reaffirmed that the United States would never allow Iran to have nuclear weapons, and said that the U.S. no longer depends on Middle East oil; the recent rise in gasoline prices is a temporary, short-term phenomenon. Regarding the Strait of Hormuz, Trump said the United States does not need that strait in the past or at present and did not provide a timeline for opening.
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01:19

GWEI(ETHGAS)surged 26.36% in the past 24 hours

Gate News message, April 2, according to Gate market data, as of the time of writing, GWEI (ETHGAS) is currently trading at $0.05486. Over the past 24 hours, it is up 26.36%, hitting a high of $0.05673 and dipping to a low of $0.04187. The 24-hour trading volume reached $2.4061 million. The current market cap is approximately $96.005 million. ETHGAS is a pioneering real-time Ethereum infrastructure protocol. Through a commoditization mechanism for block space, it turns Ethereum block space into a tradable asset. The protocol increases Ethereum transaction speed by more than 100 times, giving users a truly instant, no-gas experience, while significantly boosting validator earnings. ETHGAS enables participants to buy and sell future block space via trading platforms, where participants can directly source from ver
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GWEI25,32%
01:17

BTC 15-minute drop of 0.67%: leverage exits layered with short-side dominance sparked a short-term pullback

From 2026-04-02 01:00 to 01:15 (UTC), the BTC return rate recorded -0.67%. The K-line data range was 67,639.7 to 68,595.1 USDT, with a range of 1.39%. During this period, market attention increased, volatility noticeably intensified, and investors’ trading behavior became more short-term. The main drivers of this unusual move were the concentrated withdrawal of leverage capital in the derivatives market and bearish sentiment taking the lead. Futures open interest fell by about $200 million in just 15 minutes, reflecting a faster release of leverage-related risk. At the same time, the funding rate turned negative, indicating that the bears had gained dominance.
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BTC-2,1%
01:07

ARIA (Aria) up 25.33% in the past 24 hours

Gate News message: On April 2, according to Gate market data, as of the time of publication, ARIA (Aria) is trading at $0.43. In the past 24 hours, it is up 25.33%, reaching a high of $0.50 and dipping to a low of $0.33. The trading volume over the past 24 hours was $1.6239 million. Its current market cap is approximately $77.947 million. Aria.AI is a next-generation game development and publishing experiment. It draws inspiration from a Disney-style immersive world and AI technology, and is designed around game mechanics related to its own IP. It represents a major leap in bringing Web3 a higher standard of game design and publishing quality from Web2 (combined with AI execution). As an open-world mobile game, Aria invites players to explore the world of Fudonia
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ARIA-16,8%
01:01

Jupiter Issues a Statement: It was not affected by the Drift security incident, and JLP is fully supported by underlying assets.

Jupiter on X confirmed it was not affected by the Drift security incident. Jupiter Lend is not related to the Drift market, and JLP is fully backed by underlying assets. Drift Protocol suffered a security incident, with losses totaling between $200 million and $270 million, half of which was stolen JLP assets.
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JUP-4,68%
BTC-2,1%
ETH-3,12%
SOL-3,49%
00:48

Galaxy Digital’s research and development workspace was hacked, with losses of less than $10,000, and customer funds were not affected

Gate News report: On April 2, Galaxy Digital (GLXY) recently experienced a cybersecurity incident. Hackers carried out unauthorized access to its isolated R&D work area. The company stated that the affected environment is solely used for research and development and is completely isolated from core infrastructure, production systems, trading platforms, and customer accounts. The loss amount is less than $10,000, and customer funds and data were not impacted. Galaxy Digital responded swiftly, completing the lockdown and reinforcement of the compromised work area, and deploying additional security measures at the on-chain infrastructure layer.
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00:47

ETH 15-minute rally up 0.72%: technical rebound signals and derivatives positions in sync drive the market up

From 2026-04-02 00:30 to 2026-04-02 00:45 (UTC), the ETH 15-minute candlestick shows a gain of +0.72%. The price range is 2137.74 to 2157.47 USDT, with a swing of 0.92%. The volatility is moderate, but as market attention to this unusual move increases, the interest in related market conditions and risk discussions also rises. The main driver of this unusual move is the convergence of multiple technical rebound signals and derivatives positioning at high levels. A long-legged doji on the monthly chart has formed, creating expectations of a trend reversal. On the daily chart, the RSI is already at 42, having dropped into the oversold zone. 4
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ETH-3,12%
SOL-3,49%
00:46

Zhipu AI releases a multimodal coding model, GLM-5V-Turbo, with a 200k context window

Gate News message, April 2, Zhipu AI released the multimodal coding foundation model GLM-5V-Turbo, designed specifically for visual programming scenarios. The model natively supports multimodal input understanding such as images, video, design drafts, and document layouts, and can also call multimodal tools such as framing, screenshots, and reading webpages, with the context window expanded to 200k.
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