Gate Crypto Flash News and Market Updates

Gate News, April 10, international crude oil prices rose briefly. WTI crude oil (West Texas Intermediate, one of the international crude oil benchmark prices) broke above $100 per barrel, up 2.04% during the day; Brent crude oil (North Sea Brent, one of the international crude oil benchmark prices) stood above $95 per barrel, up 1.15% during the day.

Gate News news, on April 10, the Korea KOSPI Index (Korea’s stock market benchmark index) rose 8.96% this week, posting its largest weekly gain since January 2021.

Gate News: According to the latest Gate TradFi data, XPTUSD (Platinum) has dropped by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Jefferies’ economists report that the Middle East conflict affects all parties. The United States is the least affected, due to oil and gas price increases, Russia is the winner, and Iran may lift sanctions. The main losers are the Gulf states and Asia, which relies on Middle East oil and gas, while Europe has lost ground geopolitically.

As of March 2026, Alibaba Cloud’s Qwen series models account for more than 50% of global open-source model downloads, with a cumulative total of 942.1 million times. Their smaller-parameter versions are widely favored by developers. With the release of Qwen 2.5 and 3.5, Chinese models have gradually begun to surpass their U.S. counterparts, and the open-source strategy has become a key factor in the AI competition between China and the U.S.

SK Telecom, Arm, and Rebellions sign a trilateral memorandum of understanding to jointly develop AI data center inference server solutions, combining Arm’s AGI CPU and the RebelCard chip to optimize high-density inference and large-scale AI deployments.

Solayer’s founder reveals safety risks of large language models, pointing out that LLM agents relying on third-party API routers face a risk of being attacked by malicious code. Testing shows that multiple routers have security vulnerabilities, and can even leak sensitive credentials. In addition, research demonstrates feasible attack methods and defense measures.

Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B. Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs. --- Key recent news about TAO: 1️⃣ **

Gate News message: On April 10, according to Lookonchain monitoring, “Maji Big Brother” Huang Licheng has not been liquidated in the past 10 days, with 13 consecutive profitable trades. In the past week, his profit totaled $1.14 million.

Gate News announcement, April 10, the whale “sets 10 big targets first” (social media account @Jason60704294) has updated its latest positions. Currently, total unrealized profit is $644k. The specific holdings include: BTC short positions of 2567.49 units, entry price $71,554.61, unrealized loss of $644k; ETH short positions of 38,465.22 units, entry price $2,248.74, unrealized profit of $1.37M.

Middle East crude oil producers are asking Asian refiners to submit their April and May loading schedules in preparation for restoring navigation through the Strait of Hormuz. Although Iran has not lifted its blockade of the waterway, the U.S.-Iran ceasefire agreement offers hope for reopening. Saudi Aramco has also asked customers to apply for May loading.

Gate News message: On April 10, according to Token Terminal data, Ethereum’s staking rate hit a record high. Currently, the network is secured by staked ETH with a value of about $85.0 billion.

On April 10, 27k BTC options and 151k ETH options expired, with Put Call Ratios of 0.71 and 0.77, respectively. Bitcoin broke above $72,000 on news of a U.S.-Iran ceasefire, but the overall market is still in a correction phase, and implied volatility has fallen significantly.

Gate News message, on April 10, BlockBeats released the March trading platform rankings. The data shows that in March 2026, the spot trading volume of major CEXs decreased by 21.35% compared with February, and the perpetual futures trading volume decreased by 6.14% compared with February. In the same period, the perpetual futures trading volume of major Perp DEXs decreased by 9.35% compared with February, while website traffic increased by 26.58%.

Gate News: According to the latest Gate TradFi data, CHCUSD50 (China A50 50x) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News update: On April 10, Japan’s Cabinet approved a new regulatory bill for crypto assets. The bill plans to classify crypto assets as financial instruments and introduce three core regulatory requirements: a ban on insider trading, an annual information disclosure regime, and related compliance obligations. This move marks further refinement of Japan’s regulatory framework for crypto assets.

A giant whale recently deployed large-scale hedging positions on-chain, including $30.4 million in BTC long positions and $23.2 million in HYPE short positions, for a total size of about $53 million. As HYPE rises, this portfolio faces losses, with a net loss of roughly $300k. Previously, this address profited $37.1 million across a variety of altcoins using a similar strategy.

Gate News message. On April 10, according to Gate market data, as of the time of this release, PEPE (PEPE) is trading at $0.00000353. Over the past 24 hours, it has pumped 1.75%, with a high of $0.00000367 and a low of $0.00000344. The 24-hour trading volume reached $7.2216 million. The current market cap is approximately $1.49B. $PEPE is the most playable meme coin. PEPE is tired of watching people play musical chairs in the endless derivatives ShibaCumGMElonKishuTurboAssFlokiMoon Inu coin game. The era of Inu coins is over—it’s time for the most recognizable meme in the world to become the king of the internet. PEPE is designed to

The Hong Kong Monetary Authority will announce the first batch of stablecoin licenses on April 10 in the afternoon, with an expected issuance of 2 to 3 licenses. Previously, after a rigorous review process, it received 36 applications, aiming to ensure the soundness of stablecoin issuance.