Gate Crypto Flash News and Market Updates

Hyperscale Data announced that its Bitcoin holdings have increased to 644.7581 BTC, with a total market value of approximately $45.6 million. Its wholly owned subsidiary, Sentinum, holds 597.5324 BTC; the Bitcoin was acquired through market purchases and mining. Another subsidiary, ACG, purchased approximately 47.2257 BTC.

Gate News message, on April 14, Arkham monitoring shows that about an hour ago, BlackRock, via its spot Ethereum exchange-traded fund ETHA, transferred 604.044 ETH to a certain CEX custodian service, worth $1.44 million; it transferred 884.142 BTC to the same custodian service, worth $65.95 million, via its spot Bitcoin exchange-traded fund IBIT.

Gate News message, whale address 0x4553 conducted a swap transaction 2 hours ago, exchanging 24,564 ETH valued at $58.34 million for 775.56 WBTC worth $57.73 million and 9.18 cbBTC valued at $683,000.

Gate News announcement, according to an official announcement from Gate Gate has removed the trading markets for 27 tokens including FURY, SYLO, GEC, SLICE, NAOS, BITCAT, RENA, SAVM, TRG, CHER, TAPROOT, VALUE, SOP, NLC, MPT, NAM, MOONPIG, AA, GGG, SMOLE, MPH, GPUAI, ALPACA, ROOM, ZBU, and TCT. After evaluation, these tokens do not meet the standards for enabling trading. For users who have submitted forms and meet the requirements, Gate has deposited the corresponding buyback amounts into the users' accounts. After delisting, users can continue to use Gate as a wallet to store assets for these coin types. The specific delisting time for wallet functions and the operational details will be notified separately.

Gate News message. On April 14, the price of Bitcoin has recently neared $75,000. Since February 28, Bitcoin has risen cumulatively by about 13%. Options market data show that the 25-Delta Skew has rebounded from -10% to -4.5%. Last week, CoinShares data showed that net inflows into crypto investment products totaled $1.1 billion, the best weekly performance so far this year. Among them, U.S. spot Bitcoin ETFs recorded net inflows of $786 million.

Jito Foundation signed a memorandum of understanding with KODA, South Korea’s largest digital asset custodian, to promote compliant access to liquid staking tokens JitoSOL for institutional investors in South Korea, including market education and explorations of compliant custody. KODA provides cold wallets and digital asset insurance, and Jito is also seeking to launch a JitoSOL ETF.

Nauru appoints cryptocurrency entrepreneur Dadvan Yousuf as its Commissioner for International Trade to advance a digital asset strategy, attract global investment, strengthen cooperation with virtual service providers and technology companies, and help position Nauru as a virtual asset hub.