Gate Crypto Flash News and Market Updates

Gate News, April 9, according to CoinAnk data, the total liquidation amount across the entire network over the past 24 hours reached $232 million. Of that, long liquidations totaled about $144 million, accounting for more than 60%; short liquidations totaled about $88.17 million. From the distribution by asset, the liquidation amount for Bitcoin was about $68.95 million, and the liquidation amount for Ethereum was about $35.32 million.

Japan is considering releasing its oil reserves again as early as May for about 20 days, as the outlook for the Strait of Hormuz remains unclear after a US-Iran ceasefire. Since March 16, Japan has released oil reserves totaling about 50 days, and its current reserves are sufficient to cover 230 days.

Gate News: According to the latest Gate TradFi data, FRA40 (CAC 40) has surged by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

In April 2026, the XRP price pulled back to $1.33, down about 4%. Although there was capital inflow into Ripple-related products, selling pressure dominated the market, and increased trading volume signaled distribution. Declining liquidity further heightens volatility risk; watch the $1.33 support—if it breaks, prices will likely fall further. For a short-term rebound, it needs to break above $1.35; otherwise, it should remain in a weak range-bound consolidation.

Due to the war in Iran, Middle East oil supply has been disrupted. Asian customers are in urgent need of alternative supplies, and U.S. crude oil export volumes in April are expected to hit a record high of 5.2 million barrels per day, up nearly one-third. The surge in exports highlights the U.S. role as a major global supplier, but it could also raise domestic gasoline prices and trigger concerns about inflation.

Bitcoin has recently been trading in a high-level range. The price rebounded from $67,000 to $70,900, driven by a U.S.-Iran ceasefire agreement. Market analysis suggests that weakness in oil prices—or easing inflation pressure—may support Bitcoin’s upside. If it breaks above $72,500, it could trigger short liquidations and push the price up to $80,000. However, instability in the Middle East and a rebound in oil prices could act as a drag. Volatility in the energy market will be a key factor influencing Bitcoin’s direction.

Blockchain analytics firm Chainalysis predicts that by 2035, stablecoin transaction volume will reach $71.9 trillion. If there are two major macro catalysts, it could double to $150 trillion, surpassing the current global cross-border payments market size. Analysts note that institutional participation will significantly increase activity.

Gate News update, April 9, a South Korean court issued a ruling in an administrative lawsuit filed by a certain CEX operator against the Financial Intelligence Unit (FIU), deciding to overturn the prior three-month partial business suspension order. The court said that, in the absence of clear implementation guidance from the regulator, the operator had taken measures including customer undertakings and internal monitoring and had met its reasonable obligations. Although there is still debate over whether the measures are sufficient to fully prevent transactions with unreported counterparties, they do not support the earlier penalty decision.

Gate News message, on April 9, the Iranian ambassador to Pakistan, Mugaddam, said in a post on social media today that, despite repeated violations of the ceasefire agreement by Israel, at the invitation of Pakistani Prime Minister Shehbaz, an Iranian delegation will arrive in Islamabad late on the 9th to conduct serious talks regarding the 10 ceasefire terms proposed by Iran.

Based on the announcement on April 9, Base unveiled 12 selected projects for the Base Batches 003 accelerator, including AI agent infrastructure and prediction markets. The official team will provide guidance and funding support, and plans to hold a Demo Day in San Francisco on May 19.

The DeFi yield protocol Saturn officially launched on the mainnet on April 9. The private testing phase has ended; during this period, companies such as Flowdesk and Galaxy deposited $10 million. Its stablecoin USDat is built on M0, with partners including Galaxy, Securitize, and Clear Street. Saturn completed a $800k funding round in January.

Well-known analyst Tom Lee said in an interview that despite the U.S.-Iran conflict and rising oil prices, the stock market did not fall, showing that the market has strong resilience. He believes that most S&P constituents have undergone significant adjustments, that the worst-case scenario for the overall market may already be behind us, and that there is room for upside from here. He is bullish on Ethereum as well as technology, industrial, and mid- and small-cap stocks.

On April 9, a whale address starting with 0x9fa opened an approximately $4.35 million ETH long position with 10x leverage, with an entry average price of $2,179 and a liquidation price of $2,001. Subsequently, the address planned to take profit at $2,220 and place a $4.45 million sell order.

Visa officially launched its “Smart Business Connect” platform on April 9, aiming to provide AI agents and merchants with a gateway into AI-driven commerce. The platform supports multiple payment methods; it is currently being piloted and is planned to roll out nationwide in 2026.

Gate News message, on April 9, according to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 319.7 BTC (worth about $22.67 million) to two wallets. One is a newly created wallet, possibly a CEX wallet; the other is an old wallet that was previously used to transfer funds for sale via a certain CEX or Galaxy Digital.

Trump said on the Truth platform that all U.S. troops and supplies will remain in Iran and the surrounding region until an agreement is reached and carried out. He warned that if the agreement is not followed, he will launch stronger military action, but he pledged not to use nuclear weapons to ensure the security of the Strait of Hormuz. The U.S. military is also stepping up its preparations for war.

Gate News message: On April 9, according to Gate market data, as of the time of publication, BLUR (Blur) is trading at $0.02243. It is up 18.86% over the past 24 hours, reaching a high of $0.023 and a low of $0.0183. Its current market cap is about $6.2189 million. Blur is a decentralized marketplace and aggregator that supports NFTs and will be managed by $BLUR holders. Blur’s architecture is designed to handle high traffic loads, enabling unmatched speed and advanced features, including real-time data feeds, charts, bulk listings and purchasing tools, as well as portfolio management. This message does not constitute investment advice; investing involves risks, including market volatility.

Gate News message, April 9, Arthur Hayes posted a comment on reports that Iran is charging Bitcoin tolls. Hayes said he would only believe that Iran is truly collecting tolls in the form of BTC after seeing the related transactions on the real Bitcoin blockchain. He believes that before that, it is only the Islamic Revolutionary Guard Corps playing with the Western fiat currency and financial system.

MiniMax released MMX-CLI, a fully multimodal command-line tool designed for AI agents, on April 9, aiming to simplify how agents call the AI capabilities of the MiniMax platform. By executing commands and retrieving results, the tool improves the efficiency of automated workflows, and introduces three design improvements to address issues that command-line tools face in automated environments.

SpaceX executive Michael Nicolls said in a memo that xAI’s training performance is poor and clearly behind its competitors. As a result, it decided to reorganize the engineering team, appoint a new leader, and aim to catch up with companies like OpenAI and Google. This move is part of the rebuilding plan pushed by Elon Musk.