Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-07
15:43

Willy Woo: Energy is the only path to forging hard currency, and Bitcoin is built on that.

Gate News message, April 7, a well-known Bitcoin analyst Willy Woo recently responded to a post questioning that “Bitcoin consumes too much energy.” He said there are only three ways to ensure the safety of a currency’s ledger: relying on physical atoms (like gold), depending on energy consumption (like Bitcoin), and building on social/political consensus (like fiat currency). Willy Woo emphasized that energy is the only path to forging an absolute hard currency, and physical atoms are not scarce.
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BTC-1,16%
15:32

BTC 15-minute rise of 0.45%: driven by routine trading, with moderately resonating macro hedging sentiment

From 2026-04-07 15:15 to 15:30 (UTC), Bitcoin (BTC) recorded a +0.45% return. The price moved slightly upward within the USDT range of 67,886.0 to 68,199.5, with an amplitude of 0.46%. During this period, market attention increased somewhat, but overall volatility remained within the normal range, and no unusual market fluctuations appeared. The main driving force behind this anomaly was routine trading activity in the spot market. On-chain data shows that the number of active addresses in the 15-minute window was about 66,000, slightly higher than the previous period. In the same period, spot trading volume increased by about 0.5 from the previous period over period
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BTC-1,16%
15:31

OPEC’s March oil production plunges by 7.56 million barrels, the largest drop in at least four decades

Due to the Middle East conflict, OPEC’s crude oil production dropped sharply in March by 7.56 million barrels per day, a decline of 25%, the largest in 40 years. Among the countries, Iraq saw the biggest drop, with daily output reduced by 2.76 million barrels. Saudi Arabia and the UAE were less affected due to the impact on replacement pipelines, but Saudi exports still fell by about 50%.
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15:16

Charles Schwab Wealth Management Warning: Allocating 1%-3% of an investment portfolio to BTC/ETH can significantly alter the risk profile.

Gate News message: On April 7, the U.S. financial giant Charles Schwab released a research bulletin warning that even if only 1%-3% of funds are allocated to Bitcoin or Ethereum within an investment portfolio, it may significantly change the portfolio’s overall risk characteristics. The research report notes that Bitcoin and Ethereum have both historically experienced drawdowns of more than 70%, far higher than the volatility levels of stocks or bonds; therefore, even small allocations can have a noticeable impact during periods of market volatility. Charles Schwab proposed two cryptocurrency allocation approaches: one is the traditional portfolio theory method, which allocates based on expected returns, volatility, and correlation; the other is a risk-based method, which determines the share of crypto assets according to the level of risk one is willing to take, shifting the focus from returns to risk tolerance.
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BTC-1,16%
ETH-1,14%
15:02

Velora (formerly Paraswap) has published a new governance proposal to shut down the DAO treasury and terminate the staking program

Velora (formerly Paraswap) has released a new governance proposal. The main adjustments include refocusing on structural decisions regarding the VLR token, terminating the staking plan, closing the DAO treasury and paying for infrastructure services, and stopping fee routing. Going forward, governance will focus on decisions related to the VLR token, and protocol operations will be supported by the development team.
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VLR4,78%
14:41

SOL Strategies acquires Solana zero-knowledge technology company Darklake Labs for $1.2 million

SOL Strategies announced on April 7 that it will acquire Solana zero-knowledge technology company Darklake Labs for $1.2 million. The deal includes $200k in cash and $1 million in stock. Darklake Labs developed the zero-knowledge proof system Zyga for Solana, aiming to improve transaction privacy and prevent front-running trading and sandwich attacks. After the acquisition, its founders and core team will join SOL Strategies.
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14:17

The new Ethereum standard ERC-8211 proposal is released, supporting AI agents to execute complex DeFi transactions

Biconomy’s new Ethereum standard ERC-8211 introduces a “smart batching” mechanism, allowing AI agents to dynamically execute multiple-step DeFi operations within a single transaction, effectively addressing issues with price volatility and changes in transaction fees, in line with the Ethereum Foundation’s strategy to improve the user experience.
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ETH-1,14%
14:17

BTC 15-minute drop of 0.51%: short-term capital outflow and macro volatility converging to trigger a pullback

Between 2026-04-07 14:00 and 2026-04-07 14:15 (UTC), the BTC price fluctuated within the range of 67801.3 - 68256.1 USDT. The candlestick chart recorded a -0.51% return, with an amplitude of 0.67%. Short-term volatility intensified, and market attention increased significantly. Overall liquidity was still within the normal range, but showed marginal changes. The main drivers of this unusual move are the combined effect of short-term capital outflows and the simultaneous rise in net inflows to exchanges. Short-term holders take profit or cut losses at market volatility nodes, pushing prices lower. Spot
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BTC-1,16%