Gate Crypto Flash News and Market Updates

On April 2, U.S. stocks closed higher: the Dow rose 0.48%, the S&P 500 gained 0.72%, and the Nasdaq rose 1.16%. The crypto market was sluggish; Circle fell 4.89% and Solana dropped 1.73%. Meanwhile, SharpLink edged up 0.16%. msx.com is a decentralized RWA trading platform.

On April 2, the precious metals market pulled back. Gold fell to $4,682 per ounce, and silver fell to $72.79 per ounce. The crypto market volatility index edged down, while the U.S. dollar rose slightly against the Chinese yuan and the Japanese yen. Global stock indices showed mixed performance, with both WTI and Brent crude oil rising.

Gate News reports that on April 2, data from a certain CEX exchange showed that ETH fell below 2100 USDT, currently trading at 2099.99 USDT, with a 24-hour decline of 0.13%.

On April 2, Polymarket’s prediction shows the probability that SpaceX will IPO before June 15 has risen to 75%. Insiders say SpaceX has already filed a draft IPO registration statement with the SEC, which could make it the first listed mega-IPO, ahead of OpenAI and Anthropic.

Gate News message: On April 2, according to Onchain Lens monitoring, the whale address pension-usdt.eth has newly opened a 3x leveraged short position of 20,000 ETH, while increasing its 3x leveraged short position in BTC to 750 coins. The combined value of the two positions is $92.4 million. Currently, the whale’s floating profit exceeds $1.6 million, and its total profit has already surpassed $32.0 million.

On April 2, an on-chain analyst disclosed that the Drift protocol vault was attacked. The attacker obtained funds via NEAR Intents 8 days earlier, remained inactive until receiving a large amount of assets, then moved the funds to multiple KYC-verified money-laundering addresses and transferred them to Ethereum via Wormhole, involving Tornado Cash.

Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

The U.S. Department of the Treasury issued the broad principles of Section 4(c) of the GENIUS Act, which require that state-level regulation be materially similar to the federal framework, including consistency of standards and requirements that allow adjustments based on local circumstances. It applies to state-qualified issuers of payment stablecoins with issuance of no more than $10 billion.

Pendle’s Boros trading platform, launched on April 2, has introduced the Boros OTC trading platform. It is designed to serve liquidity providers and large-scale traders, supports hedging with large notional funding rate exposure, and comes with customized terms and zero price impact. The service is aimed at traders with transactions above $500,000; users must submit their trading intent and only after approval of eligibility can they create a trading proposal. Trades settle directly on-chain.

Gate News update, April 2, DRIFT is down more than 36% over the past 24 hours, trading at $0.04 USDT. This drop may have been influenced by the Drift Protocol attack incident.

Gate News message: April 2, according to market data, STO briefly touched 0.54 USDT, setting a new all-time high, and is now at 0.51 USDT, up 157.46% over the past 24 hours.

Gate News, April 2, according to a certain CEX price feed, SOL fell below 80 USDT and is currently trading at 79.9 USDT, down 3.86% over the past 24 hours.

Gate News update: On April 2, U.S. President Trump announced that the United States will no longer import any oil that transits through the Strait of Hormuz in the future. The Strait of Hormuz is a narrow waterway connecting the Persian Gulf and the Gulf of Oman. About one-third of the world’s seaborne oil needs to be transported through this passage, and it is seen as one of the most important energy transportation chokepoints in the world.

From 2026-04-02 01:15 to 2026-04-02 01:30 (UTC), the ETH spot price return logged -1.33%, reported at 2106.08 to 2140.86 USDT, with a range of 1.62%. During the event window, market volatility intensified, near-term attention clearly increased, and concentrated sell pressure triggered a rapid price pullback. The main driving force behind this unusual move is that capital outflows have once again intensified. On-chain data shows that over the past one cycle, ETH exchange net outflows have remained negative, reaching as high as -6,625.86 coins, while the ETF recorded a net outflow of -2,000 units.

Gate News reports that on April 2, WTI crude oil broke through $103 per barrel, rising 4.07% intraday; Brent crude oil surged by $4 intraday, currently at $102.86 per barrel, up 4.06%. According to reports, Trump stated that if no agreement is reached, he will strike Iran’s energy facilities. As a result, U.S. stock index futures declined; S&P 500 index futures are down 0.5% latest.

Gate News report, April 2, international oil prices continued to rise. WTI crude oil (West Texas Intermediate crude oil futures) broke through $103 per barrel, up 4.07% on the day; Brent crude oil (international benchmark crude oil futures) surged by $4 on the day, now at $102.86 per barrel, up 4.06%. In the news, Trump said that if an agreement is not reached, he will strike Iran’s energy facilities.

Gate News, April 2, according to Gate market data, as of the time of writing, PHA (Phala Network) is trading at $0.03908. Over the past 24 hours, it is up 10.89%, with a high of $0.04013 and a low of $0.03332. Its current market cap is approximately $32.5464 million. Phala Network is a Polkadot privacy compute parallel chain, aiming to become Web3.0 privacy-preserving infrastructure. Built on Substrate and implemented through a TEE blockchain architecture to enable confidential smart contracts, it provides privacy compute services for the Polkadot ecosystem. PHA is the platform’s native utility token, used to purchase trusted compute resources, pay data exchange fees, participate in security assurance mechanisms, and vote in community governance. Phala

Gate News bot message, Gate market data shows that ETH has fallen below 2100 USDT, with the current price at 2099.54 USDT.

Gate News message: April 2, WTI crude oil (U.S. West Texas Intermediate crude oil futures) broke through $100 per barrel, up 0.93% during the day. Brent crude oil (international benchmark crude oil futures) broke through $99 per barrel, up 0.27% during the day. As oil prices rise, Trump is giving a speech.