Gate Crypto Flash News and Market Updates

On April 12, on-chain analyst Yu Jin reported that a whale/institution holding 59% of the circulating supply transferred the final 278 million NOM tokens to a certain CEX, causing the NOM price to drop from $0.007 to $0.004, a decline of 45%.

The European Central Bank on April 12 supported transferring regulatory authority over major cross-border crypto institutions to the European Securities and Markets Authority (ESMA). This is a major structural change since the Markets in Crypto-Assets Regulation fully took effect, aimed at consolidating oversight of large crypto-asset service providers and others.

Gate News update: April 12. SpaceX currently holds Bitcoin worth about $603 million. In the same period, the company recorded a nearly $5 billion loss due to integrating xAI. Despite the large loss, SpaceX’s Bitcoin holdings have remained unchanged since mid-2024, with no signs of selling.

2026-04-11 23:00 to 2026-04-11 23:15（UTC）, BTC’s return over 15 minutes was -0.45%, and the price fluctuated within the range of 72907.4 to 73370.7 USDT, with a swing amplitude of 0.63%. During this period, market activity remains at a high level, but the price anomaly has drawn investors’ short-term attention. Overall trading sentiment is slightly cautious, and volatility is marginally higher than usual. The main driver behind this anomaly is that active sell orders have a slight advantage, causing a short-term downward adjustment in price. Combined with a modest increase in trading volume for major trading pairs and spot

CNN reported that a security source in Iran said the Strait of Hormuz will continue to be blocked before Iran and the United States reach a negotiated joint framework, because the U.S. side has put forward excessive demands. Iran emphasized that it is not in a hurry to take action; things will remain as they are, and the number of ship passages also cannot be realized.

An Iranian official source says the U.S. has agreed to unfreeze Iranian assets stored in places such as Qatar, as a gesture of good faith in negotiations, and also notes that the funds involve security in the Strait of Hormuz. However, the U.S. side denies this claim and reiterates that the funds remain restricted and can only be used for humanitarian purposes.

Gate News bot message, Gate market data shows that GT is up 3.14% over the past 24 hours, with a current price of 6.89 USDT.

Gate News message, April 11, according to market data, ETH breaks through 2300 USDT, currently reported at 2300.09 USDT, with a 24-hour increase of 2.48%.

The U.S. military has begun clearing mines in the Strait of Hormuz, and two guided-missile destroyers have transited this critical waterway, initiating a new channel-clearing process to promote the free flow of trade.

From 2026-04-11 18:30 to 2026-04-11 18:45 (UTC), ETH’s 15-minute return recorded +1.44%, with a price range of 2263.12 to 2312.65 USDT and a range amplitude of 2.19%. After a surge with heavy short-term volume, market attention rose rapidly, and volatility increased significantly. The main driving force behind this move is a strong reversal in ETF fund flows and a synchronized liquidation of derivatives market shorts. Specifically, on April 10, the ETH spot ETF recorded a net inflow of $114 million—its largest in three months—

Gate News bot message, Gate market shows, ETH breaks through 2300 USDT, current price is 2300.6 USDT.

Gate News message: On April 11, according to a certain CEX price feed, BTC broke through 73,000 USDT, and is currently quoted at 73,024.4 USDT, up 0.48% over the past 24 hours.

2026-04-11 16:30 to 16:45 (UTC), ETH’s return rate was +0.70% within 15 minutes, with a price range of 2246.84 - 2273.89 USDT and a swing of 1.20%. During this period, market attention increased, with on-chain activity and trading volume rising in tandem, and volatility amplifying in the short term. The main driving factor behind this abnormal move is that short-side funds in the derivatives market were forced to stop losses. According to data across the network, the funding rate was -0.002%, indicating short positions have the upper hand; however, the ETH short liquidation amount ($8.89M) was significantly higher than

The RWA Layer1 public chain SimpleChain officially launched its testnet on April 10 and initiated an ecosystem airdrop program. Users can obtain points through testnet tasks, and these points will serve as the basis for future token airdrops. Team members come from Qianch Qin Technology and Ant Group, and have completed a $15 million seed round. The testnet verifies core capabilities, including trusted data services, a compliance engine, and asset issuance protocols.

Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 2,700 BTC (worth $196.87 million) and 30,000 ETH (worth $67.42 million) from a certain CEX.

Gate News message, on April 11, local time on the 11th, Iranian President Pezeshkian posted on social media that the Iranian high-level delegation traveling to Pakistan will do everything to protect the country's interests and will conduct negotiations with a brave attitude. Pezeshkian emphasized that regardless of the outcome of the negotiations, the Iranian government’s work to serve the people will not stop for a moment, and the Iranian government has always stood with the people.

World on the official blog announced that, starting from July 24, 2026, the unlocking rate of the WLD token will decrease by approximately 43%. Currently, 4.9 billion WLD tokens have already been unlocked. The specific unlocking rate will be significantly reduced; this adjustment is due to on-chain contract arrangements.

According to data from a research institution, crypto perpetual contracts that are anchored to traditional assets are gradually becoming a tool for “pre-pricing Wall Street,” with their weekend price movements predicting the accuracy of Monday’s traditional market by as much as 89%. Trading volume and weekend activity for these contracts have increased significantly, and they have become an important reference for gauging the short-term direction of traditional markets.

Bitmine chairman Tom Lee said on the X platform that although there are still doubts in the market, there are signs that the bottom has already formed. He is bullish on Ethereum and related assets and believes crypto is a wartime value-preservation tool. Risk assets may rebound, but it’s important to watch whether the macroeconomic environment and geopolitical situation remain stable.