Gate Crypto Flash News and Market Updates

Cango Inc. completes a $65 million strategic investment, issues 49,242,424 shares of common stock to members of the board of directors, and signs a securities purchase agreement with DL Holdings to issue a $10 million convertible note and warrants for acquisitions and infrastructure expansion. The two sides also sign a memorandum of understanding, planning to make further investments in the crypto and AI sectors.

Gate News message: On April 1, according to on-chain analyst Ai Yi’s monitoring, the well-known crypto investor “Ma Ji Big Brother” has cumulatively contributed $1.94 million in trading fees to the Hyperliquid platform, while the losses on that platform have reached approximately $30 million.

Gate News message, on April 1, Iran’s Islamic Revolutionary Guard Corps issued a statement saying the situation in the Strait of Hormuz is “firmly in its hands,” and that it “will not open this country to its enemies because of the absurd performance of the U.S. president.” Previously, U.S. President Trump claimed that Iran’s president had submitted a ceasefire request, adding that he would consider the request when he “reopens the Strait of Hormuz, free and open.”

Cosmos ecosystem project Neutron announced on April 1 the launch of the NTRN redemption mechanism. Holders can burn NTRN to receive USDC. The deposit period runs from April 1 to April 30, and redemption requests will open on May 1 and close on June 30. The foundation’s NTRN will not participate in the redemption and will be burned.

Gate News message: On April 1, Thomas Barkin, president of the Federal Reserve Bank of Richmond, said it may be appropriate to keep interest rates unchanged for some period of time.

Gate News message: On April 1, according to reports, Iran responded to related proposals from the United States, saying it would not allow Trump to determine the war timeline. Iranian officials denied the U.S.’s related suggestions for withdrawal or a ceasefire, emphasizing that the progress of the war would be led by Iran.

Gate News message: On April 1, JPMorgan Chase lowered its S&P 500 Index (the U.S. stock market benchmark) target from 7,500 points to 7,200 points, mainly due to heightened recession risk.

Gate News message, prediction market volume reached a record $75 billion in Q1 2026. The market has grown from zero to $75 billion within two years. Growth accelerated in the second half of 2025 and maintains strong momentum into 2026. Prediction markets are establishing themselves as a significant

Gate News update: On April 1, Fed Governor Musalem and Fed Vice Chair Barr will deliver remarks one after another in about ten minutes.

Empery Digital Inc. announced on April 1 that it fully repaid its outstanding term loan by selling 370 Bitcoin, raising approximately $24.7 million. The company holds 2,989 Bitcoin with the goal of enhancing financial flexibility to manage market volatility. It may in the future increase its borrowing limits and reduce its Bitcoin holdings to support share repurchases.

Empery Digital recently sold 370 bitcoins, generating about $24.7 million in proceeds. Its current holdings have fallen to 2,989 bitcoins. The company fully repaid a term loan through a share placement and bitcoin sales, reducing interest expense, and freed approximately 1,800 bitcoins as collateral, improving its balance sheet.

From 2026-04-01 12:45 to 2026-04-01 13:00 (UTC), the ETH spot price quickly fell within the 2127.4 to 2146.81 USDT range, with a 15-minute return of -0.62% and a range (amplitude) of 0.91%. During this time window, market attention increased, volatility noticeably accelerated, reflecting a momentary release of short-term trading pressure. The main driving force behind this abnormal move is that the leverage level in the derivatives market continued to rise. Open interest (OI) broke through 30.451 billion USD, and in a high-leverage environment, positions were highly concentrated, making the market susceptible to sharp fluctuations.

Gate News update: On April 1, U.S. President Trump said today that the president of Iran’s new administration is less aggressive and more intellectually capable than his predecessor, and has just requested a ceasefire from the United States. Trump said the U.S. will consider this request when the Strait of Hormuz is open, free, and clear. Before that, the U.S. will either bomb Iran into an endless abyss, or, as Iran claims, send it back to the Stone Age.

Gate News message: On April 1, U.S. President Trump issued a statement saying that the president of Iran’s new regime has just asked the United States for a ceasefire. Trump said that, compared with the previous administration, Iran’s new president is less aggressive and has a higher intellect. The U.S. side will consider the ceasefire request when the Strait of Hormuz is open, free, and clear. Trump also warned that before the conditions are met, the United States will bomb Iran into an endless abyss—or, as he put it, send it back to the Stone Age.

Genius Group (GNS) releases its Q1 2026 earnings report. The report shows the company has sold all its Bitcoin reserves and fully repaid about $8.5 million in debt. It plans to restart Bitcoin reserves after market conditions improve. In terms of financial performance, revenue was $3.3 million, up 171% year over year; gross profit was $2.0 million, up 228%.

Gate News message: On April 1, the U.S. recorded a 0.6% month-over-month retail sales growth rate for February, exceeding the market expectation of 0.5%, reaching a new high in over six months.

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

Richmond Fed President Barkin said that high oil prices are viewed as a short-term disruption and that there is no sign of a noticeable reduction in consumer spending. He added that rate hikes may need to be strengthened if inflation expectations rise, and there is currently no indication of that; rate cuts depend on inflation easing or the labor market weakening.

Cathie Wood’s ARK Investment plans to include OpenAI in three exchange-traded funds, with total holdings of about $240 million, reflecting retail investors’ demand for private tech companies. This is ARK’s first time offering ordinary investors the opportunity to invest in OpenAI through an ETF.