Gate Crypto Flash News and Market Updates

Based on data from a prediction platform, the probability that the U.S. Department of Homeland Security government shutdown will continue for more than 70 days has fallen to 8%, with trading volume exceeding $1.27 million. Trump said he is about to sign an order to ensure employee pay, praising House Republicans for their efforts on this issue.

Gate News update: On April 2, according to Gate data, both U.S. and Brent crude oil (WTI crude oil, Brent crude oil) saw a sharp drop in the short term. WTI crude oil (U.S. West Texas Intermediate crude oil futures) fell by nearly $5, to $108.93 per barrel. The report says Iran is drafting a Strait of Hormuz transit agreement with Oman.

X platform product lead Nikita Bier announced that it will roll out new measures against crypto phishing scams. The account that is first to publish relevant content will be locked and will need to complete identity verification. It is expected to eliminate 99% of malicious actors’ motives. He also pointed out that Google failed to effectively block phishing emails.

2026-04-02 14:30 to 14:45 (UTC), BTC recorded a +1.19% return within 15 minutes. The spot price range is 66,256.1 - 67,048.0 USDT, with an amplitude of 1.20%. In the short term, the price surged rapidly, increasing market attention. Volatility in both the spot and derivatives markets intensified in sync, and trading activity warmed significantly. The main driving force behind this anomaly is a clear increase in on-chain large transfer capital flows into exchanges. During this period, large funds (single transfer ≥1,000 BTC) concentrated into exchanges, and the total amount over 1 hour compared to the previous hour showed a significant increase.

From 2026-04-02 14:30 to 14:45 (UTC), the ETH price surged rapidly, with a return of +1.52%. The price range was 2038.01 to 2071.65 USDT, and the amplitude reached 1.65%. During this period, market attention noticeably increased, capital flows accelerated, and short-term volatility intensified. The main drivers behind this unusual market move are a significant rise in on-chain activity and the innovative effects across the DeFi and NFT ecosystems. Data shows that the number of active Ethereum addresses jumped from 380,000 to 840,000, an increase of as much as 121%. In the same period, the average daily trading volume rose from 1 million to 2.5 million USDT.

Gate News, April 2, the Federal Reserve’s Logan said she supports the Federal Reserve maintaining interest rates unchanged at its recent FOMC meeting. She noted that the labor market has been moving toward stability from the second half of 2025 to this year.

Gate News update. On April 2, according to the Islamic Republic of Iran News Agency (IRNA), Iran’s Deputy Foreign Minister Gharibabadi said that Iran is drafting a Strait of Hormuz transit agreement with Oman.

Gate News: According to the latest Gate TradFi data, AALG (AMERICAN AIRLINES GROUP INC) has dropped by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message, two newly created wallets linked to a single entity withdrew 6,328 ETH worth $12.98M from CEX.

The AI savings protocol Surf Liquid launched on April 2 on the Polygon network, introducing an AI-driven stablecoin savings vault that lets users deposit USDC. Users can earn yield through lending markets, with a minimum deposit of $10. Funds are allocated by AI agents to the Morpho V2 protocol, and users can withdraw at any time.

Gate News update: On April 2, market data shows that Bitcoin has broken through 67,000 USDT, currently trading at 67,030.08 USDT, with an intraday gain of 1.60%.

Gate News bot 消息，Gate 行情显示，BTC 突破 67000 USDT，现价 67013.4 USDT。

Dallas Fed Chair Logan outlined several paths for the Federal Reserve to reduce its balance sheet, emphasized the effectiveness of the current liquidity management framework, and noted that regulatory adjustments can encourage banks to lower their reserve levels. She criticized that some liquidity rules have failed to improve safety and said that reserves could be used more efficiently.

Gate News message, April 2, according to CCTV News, Iran’s deputy foreign minister, Garibabadi, said that Iran is studying charging transit fees for ships passing through the Strait of Hormuz, an important oil transportation route connecting the Persian Gulf and the Gulf of Oman. He said that the current fee schedule is still under study and no specific amount has been determined yet.

The U.S. Department of Justice has decided to appeal a federal judge’s ruling that blocked the government from prohibiting the use of Anthropic technology. The judge said the government’s national security rationale was insufficient, and that the government’s actions were akin to punishing Anthropic because it requires that the technology not be used for surveillance or autonomous weapons.

Gate News, on April 2, the New York–based ETF provider Global X announced the launch of the Global X Ethereum Covered Call Options ETF (ticker: EHCC). The ETF uses an options strategy to provide exposure to Ethereum-related investments, aiming to generate returns without directly holding digital assets. Global X said this is its first fund created in connection with a cryptocurrency other than Bitcoin.

Gate News message, April 2, market sources say that Microsoft plans to create large cutting-edge AI models before 2027.

Yupp.ai announced that it will shut down starting immediately. The website will remain available for 15 days so users can download their chat data. With improvements in AI model capabilities and changes in user needs, the company has decided to end operations early and return the remaining funds to investors.

The International Monetary Fund said in its annual assessment report that although U.S. inflation is expected to fall to the 2% target in the second half of 2026, the room for rate cuts this year is extremely limited—at most there may be one opportunity for a rate cut by the end of 2026. This will need to take into account changes in the labor market and the impact of commodity prices.

The live prediction market platform Pumpcade completed a $1 million seed pre-round funding on April 2, and the funds will be used to expand the team and advance its launch strategy. The platform allows users to quickly create multiple types of prediction markets with different themes during live streams, and it settles through an official API to reduce risk and disputes.