Gate Crypto Flash News and Market Updates

Gate News message, April 11, Bloomberg ETF analyst Eric Balchunas revealed that Bitwise has once again updated its Hyperliquid ETF application documents. The trading ticker is set to BHYP, and the management fee is 67 basis points (0.67%). Eric Balchunas said this move typically means the ETF will be formally launched soon.

On April 11, DefiLlama data shows that crypto startups raised $76.0 million in funding this week, bringing 2026’s total to nearly $500 million. Major deals include Pharos’s $44.0 million Series A round, Oh’s $7.5 million Series A round, and Kulipa’s $6.2 million seed round, covering blockchain, Web3 AI, and crypto wallet services.

Gate News update, April 11, according to Arkham data, about 8 hours ago the U.S. government address transferred a total of approximately 2.438 BTC to a certain CEX address in two transactions, of 0.46 BTC and 1.979 BTC, respectively. The related funds belong to the Bitcoin that was previously seized by law enforcement from Glenn Olivio.

Gate News update: On April 11, according to monitoring by Onchain Lens, a newly created wallet withdrew 600.5k TRUMP tokens from a CEX, worth $1.72 million, and may be used to attend a Trump dinner hosted on April 25. However, this whale was unable to obtain an invitation, because eligibility is determined by a time-weighted points system based on the period from March 12 to April 10.

On April 10, the XRP spot ETF saw a net inflow of $9.0939 million in a single day. Of this, the Bitwise XRP ETF recorded a net inflow of $7.6149 million, and the Franklin XRP ETF recorded a net inflow of $1.4790 million. Total net asset value was $968 million, and the historical cumulative net inflow has reached $1.22B.

Gate News update: On April 11, Strategy (formerly MicroStrategy) led by Michael Saylor purchased 3,468 BTC early this morning through its perpetual preferred stock STRC（Stretch）.

U.S. Vice President Vance will arrive in Islamabad on Saturday to hold talks with Iranian officials, aiming to end the war through negotiations. Iran views Vance as the most anti-war figure in Trump’s inner circle and hopes he can use good faith to help move the agreement toward completion.

Gate News message. On April 11, the U.S. Department of Energy announced that it will lend 8.5 million barrels of crude oil from the Strategic Petroleum Reserve to four companies. Companies that will borrow crude oil from the U.S. Strategic Petroleum Reserve include Macquarie and Phillips 66.

Gate News message, April 11, Alternative.me data shows that today’s Crypto Fear and Greed Index dropped to 15; yesterday, the index was 16, and the market is in a “Extreme Fear” state.

The three major U.S. stock indexes finished mixed, with the Nasdaq up 0.35% to set an eight-session winning streak, while the S&P 500 fell 0.11% and the Dow Jones fell 0.56%. Tech stocks were broadly higher, and the Nasdaq’s gain for the week reached 4.68%. Blockchain-related stocks showed mixed performance.

Gate News message: On April 11, according to monitoring by Onchain Lens, BlackRock withdrew 3,741 BTC (worth $272.49 million) and 41,075 ETH (worth $92.00 million) from a certain CEX. The total value of the two transfers is about $364 million.

Polymarket data shows that the probability of Bitcoin breaking above $75,000 in April is 77%, and the probability of breaking above $80,000 is 24%; the probability of dropping to below $65,000 is 30%. Deribit data shows that the max pain（maximum pain）price for Bitcoin options expiring on April 24 is $70,000, with a notional amount of approximately $6.98 billion.

SimpleChain announced on April 11 that it has completed a $15 million seed round, mainly involving family offices and institutional investors. The network positions itself as the “institutional operating system” for real-world assets (RWA), aiming to build an RWA Layer 1 network and provide enterprise-grade infrastructure to support the global tokenization of real-world assets.

On April 11, monitoring shows that an address set holding at least 59% of the NOM circulating supply transferred 23% of the NOM circulating supply to a certain CEX within 1 hour, causing the NOM price to drop by 25%. This address set may be the operator who recently drove the NOM price up by 6x.

Gate News message. On April 11, according to some CEX price data, RAVE briefly broke through 1.7 USDT and is currently trading at 1.58 USDT, with a 24-hour gain of 315%. In addition, according to Ai Yi monitoring, in the past 7 hours, an address has cumulatively withdrawn 29.78 million RAVE from a certain CEX, totaling a value of 33.68 million US dollars. There is a clear financial link between this address and the two addresses that, earlier this morning, deposited tokens to the trading platform near the starting point of the price surge.

OpenAI confirms that a 20-year-old suspect was arrested by the San Francisco Police Department for throwing a Molotov cocktail at the founder Sam Altman’s residence and threatening to burn down the building. No injuries were reported; OpenAI said it is grateful for the police’s swift response and will assist with the investigation.

Gate News message, the Ethereum Foundation has completely sold 5,000 $ETH for $11.1M $DAI at a price of $2,221. The transaction was conducted through address 0x9fC3dc011b461664c835F2527fffb1169b3C213e.

Trident Digital Tech Holdings and Ripple Strategy Holding have signed a strategic cooperation agreement to launch a blockchain-based tax settlement system in Africa, support cross-border payments, and plan to begin a stablecoin business pilot in 2026.

World project announces that it will adjust the WLD token unlocking mechanism starting July 24, 2026, reducing the total daily unlocked amount by 43%. The community token daily unlocked amount will be reduced to 1.6 million, while the team and investors will be reduced to 1.3 million. It will continue to be unlocked linearly every day. As of April 10, 4.9 billion tokens have been unlocked, accounting for 49% of the total supply.

Circle has released a cross-chain interoperability infrastructure roadmap. Since CCTP launched in April 2023, it has processed over $110B in USDC transfers and supports 20 blockchains. In the future, it plans to expand to other assets and launch multiple innovative products to simplify cross-chain workflows.