Gate Crypto Flash News and Market Updates

Putin emphasized at a government meeting that large language models are foundational technologies for the development of Russia in all fields. He advocated the importance of homegrown models to ensure security and defense, and noted that Russia has unique expertise in this area. At the same time, he mentioned the cooperative value of open-source solutions.

Bitwise filed an amendment for its spot Hyperliquid ETF with the SEC on April 11, adding the trading code BHYP, with a management fee of 0.67%. Analysts noted that these updates often signal that a product is about to launch. Bitwise, Grayscale, and 21Shares are competing for the right to issue the first Hyperliquid spot ETF.

Gate News message, Selini Capital (@SeliniCapital) has accumulated 20 million WLD tokens valued at $5.64 million from centralized exchanges in the past 24 hours.

On April 10, the U.S. SOL spot ETF recorded a net inflow of $11.4530 million in a single day. The Bitwise Solana Staking ETF (BSOL) contributed all of the inflow, bringing the historical total net inflow to $789.00 million. The current net asset value (NAV) of the SOL spot ETF’s total assets is $828.00 million, and the historical cumulative net inflow is $975.00 million.

Gate News message, April 11, according to Farside monitoring, yesterday (April 10) U.S. spot Bitcoin ETFs saw net inflows of $240.4 million, achieving net inflows for two consecutive trading days.

Gate News update: April 11, according to Farside monitoring, yesterday (April 10) U.S. spot Ethereum ETFs saw net inflows of $64.9 million and have achieved net inflows for two consecutive trading days.

Ramp Labs research output “Latent Briefing” achieves efficient memory sharing across multi-agent systems by compressing the LLM KV cache, reducing Token consumption and improving accuracy. In LongBench v2 testing, this approach successfully reduced Worker model Token consumption by 65% and improved overall accuracy by about 3 percentage points, with compression taking only 1.7 seconds. This technology performs exceptionally well across different document scenarios.

Gate News message, April 11, the Nasdaq-listed Bitcoin mining company Bitdeer released the latest Bitcoin holdings data. As of the week ending April 10, Bitdeer’s Bitcoin mining output was 165 BTC, and it sold 165 BTC in the same period, resulting in a net increase of 0 BTC; it still maintains a zero Bitcoin position.

Gate News: On April 11, an authoritative Pakistani government source said that although the United States and Iran had already confirmed that talks would be held on that day, the format of the negotiations is currently still undecided. The source said that the two sides have made a number of arrangements for the talks, including a “face-to-face” format and a “back-to-back” format. Pakistan has been prepared to facilitate the two sides for face-to-face talks, and also to conduct negotiations in a “back-to-back” manner by transmitting information through Pakistan as an intermediary. (Xinhua News Agency)

Iran announced on April 11 a 71-member delegation for negotiations with the United States. The delegation is led by Speaker of Parliament Kalibaf. Members include Foreign Minister Aragchi and multiple experts. The U.S. delegation has 300 members, covering multiple areas such as security.

After the Kingdom of Bhutan sold 70% of its Bitcoin holdings, it may have stopped or slowed Bitcoin mining, and due to economic pressure it has used more hydropower for exports to India. By contrast, El Salvador has been increasing its Bitcoin holdings.

Gate News message, on April 11, according to on-chain analysts Yu Jin’s monitoring, within the past half hour, the whale or institution controlling NOM with 59% of the circulating supply has continued transferring 768 million NOM tokens, worth $3.73 million, to a certain CEX. From last night to today, this entity has cumulatively transferred 1.44B NOM tokens to a certain CEX, worth $7.67 million. In the past 24 hours, the NOM price has fallen 39%.

Gate News message, April 11, on-chain data shows that whale traders who “set 10 major targets in advance” have accumulated a WBTC position of $4.7 million since yesterday (April 10), with an average cost of $72,720.78. This address (0x0EA…34a54) previously placed a heavy bet of $270 million to go short; this time is its first position-building operation in about a month.

A U.S. bank research report said that since the 1970s, the global economy’s reliance on oil has declined, and the oil required now is only one-third of that at the time, with economic resilience strengthening. In addition, Haitong Securities’ analysis found that gold did not exhibit safe-haven characteristics; after experiencing a pullback due to geopolitical shocks, it rebounded.

Gate News update: On April 11, according to on-chain analyst Ai Yi monitoring, an address received 5 million UNI again from the Uni Timelock contract after three months, worth $15.8 million. This address has received a cumulative total of 10 million UNI, which is currently held in custody in a certain CEX.

U.S. Commodity Futures Trading Commission Chair Mike Selig announced the formation of an Innovation Working Group, aimed at providing industry rules for innovators. The working group consists of five experts, focusing on advancing regulatory clarity and market integrity in areas such as cryptocurrency, blockchain, and AI.

A major cryptocurrency exchange’s market value has fallen by more than 50%, it has laid off 30% of its staff, and it is considering asking the founders to forgive several hundred million dollars in loans. It lost $585 million last year, plans to exit multiple markets, and senior executives have stepped down. The Winklevoss brothers have not yet said whether they support the proposal.

According to The Wall Street Journal, there are still several thousand ballistic missiles in Iran’s armaments stockpile, and damaged launchers can be repaired or retrieved from underground. Although the missile arsenal was cut in half during the conflict, Iran still has short-range and medium-range missile capabilities. If negotiations between the U.S. and Iran fail, they could be used to attack U.S. forces and maritime targets.

Multiple senior core executives at OpenAI’s Stargate data center have left the company, signaling a major strategic shift in the company’s AI infrastructure rollout. The project faces issues related to funding, partnerships, and geopolitical risks, and OpenAI is re-evaluating its compute infrastructure build-out strategy.

WLFI repaid 25 million USD1 loans on Dolomite, restoring liquidity to $35 million, with a deposit interest rate of 10.43%. Currently, WLFI still has $162 million in outstanding borrowings, with collateral of 4.99 billion WLFI tokens.