Gate Crypto Flash News and Market Updates

Gate News, April 1, according to Gate market data, as of the time of publication, STABLE (Stable) is trading at $0.029152. It is up 19.40% over the past 24 hours, reaching a high of $0.031138 and dipping to a low of $0.021666. The total trading volume over the past 24 hours was $1.4488 million. Its current market cap is about $525 million, ranking 106th in the global cryptocurrency market. StableChain is a USDT-native Layer 1 blockchain built specifically for stablecoin payments, providing global infrastructure to support instant USD₮ payments. Each transaction is settled in USD₮, featuring sub-second finality, low fees, and the reliability needed for global payments. The chain is designed for the real economy, for

According to Gate News, on March 31, U.S. Bitcoin spot ETFs saw net inflows of $117 million, up about 68%. Among them, BlackRock’s IBIT had the highest net inflow, reaching $98.1 million. Other funds such as Fidelity’s FBTC also saw growth, but their net inflow amounts were smaller.

According to on-chain analysts Ai Yi’s monitoring, Sun Yuchen recently deposited about $16.2 million in five tokens to a certain centralized exchange. The amounts were mainly concentrated in TRX and stablecoins, and some of the tokens are suspected to be part of a selling operation.

Noise announces the launch of a Beta version, dedicated to cultural trend analysis and value assessment, emphasizing understanding modern changes rather than merely predicting prices. Sign up for free; trading requires a $5 fee. The team will iterate the product based on user feedback; they have previously completed $7.1 million in fundraising.

On April 1, decentralized derivatives trading platform edgeX responded to community concerns about the 14% of the total supply EDGE token airdrop, stating that those tokens have been locked for one year and allocated to early liquidity providers and partners to demonstrate a commitment to long-term support.

Gate News reports that on April 1, according to Lookonchain monitoring, the giant whale pension-usdt.eth once again acted today, opening a short position of 500 BTC with 3x leverage, with a notional value of approximately $33.9 million. Since February 18, this giant whale has won 20 consecutive trades, accumulating profits of $30.46 million.

FIFA President Gianni Infantino said that Iran will participate in the World Cup and will play matches in the United States, supporting Iran’s involvement. This news caused the probability on Polymarket of Iran’s eligibility being revoked to dip slightly to 11%. Although the Iranian Football Association hopes to move the matches to Mexico, Iran still plans to hold its group stage matches in the United States.

Reports say that a user with profits exceeding $4 million bet on a Cavaliers win over the Lakers on Polymarket, placing a $360,000 wager with an opening price of 44.8¢. The NBA regular season game between the Cavaliers and the Lakers will start at 10:30 a.m. Beijing time today.

Gate News message. On April 1, Lookonchain monitoring shows that the whale address pension-usdt.eth today opened a 500 BTC short position with 3x leverage, with a notional value of about $33.9 million. The whale has maintained a streak of 20 consecutive winning trades since February 18, with total profits of $30.46 million.

Aligned has updated its ALIGN tokenomics, with a total supply of 10 billion tokens and an initial circulating supply of 16%. Token allocation includes the team at 23.5%, investors at 19.71%, the ecosystem at 18%, future reserves at 16.61%, the foundation at 11.4%, airdrops at 8.74%, and community sales at 2.04%.

Gate News message, on April 1, the stablecoin protocol USD.AI that provides credit to AI announced that applications for the CHIP token airdrop have opened. Both ICO and airdrop participants can apply, with a deadline of May 30. USD.AI said that the token listing date and supported exchanges will be announced soon.

Gate News message, Vitalik Buterin has sold gifted meme tokens for 14.5 ETH (valued at $30,000). Additionally, he transferred 70,000 USDC and 44 ETH ($92,000) to Railgun for private fund movement.

Gate News message: On April 1, crypto-friendly bank Cross River Bank completed a $50 million funding round, with investment participation from funds under T. Rowe Price and others. The raised funds will be used to accelerate product launches, deepen partner relationships, and expand international business.

Gate News report, on April 1, the Nikkei 225 index (Japan’s stock market benchmark index) expanded its intraday gain to 4%.

Gate News message: On April 1, according to Arkham monitoring, yesterday (March 31), about 15 hours ago, BlackRock transferred 4,833 ETH to a certain CEX address through its Ethereum exchange-traded fund ETHA; valued at approximately $9.78 million. Subsequently, it transferred 204.045 BTC to a certain CEX address through its Bitcoin exchange-traded fund IBIT; valued at approximately $13.53 million.

Gauntlet's post states that after Resolv Labs experienced a vulnerability, they did not propose any remediation measures. They have already removed multiple vault markets, involving approximately $11.9 million in liquidity, and plan to establish a claims contract to recover the assets.

Zcash, a privacy coin, patched a critical security vulnerability on April 1 that could have been exploited by malicious miners to move more than 25,000 ZEC from the now-deprecated Sprout pool. The vulnerability has existed since July 2020, but it was not actually exploited. The development team has released a patched version, and major mining pools have completed the upgrade. In addition, Zcash’s mechanism helps prevent inflationary issuance, ensuring the total supply remains secure.

Gate News message, two newly created wallets deposited 6.8 million USDC into Hyperliquid and opened 20x leveraged short positions on 17,032 ETH, totaling $35.65 million. The liquidation prices for these positions are $2,466.13 and $2,319.12.

Hong Kong’s Financial Secretary and the Treasury Bureau Deputy Director, Chan Ho-lim, revealed that the OECD revised the Common Reporting Standard, incorporating new types of digital financial products such as central bank digital currency, and issued a framework for reporting crypto assets, aiming to enhance transaction transparency. The Hong Kong Legislative Council supports this bill, with the goal of enacting the legislation by 2026.

Gate News message, April 1, according to Gate market data, as of the time of writing, KERNEL (Kernel) is trading at $0.0992. In the past 24 hours, it is up 33.40%, with a high of $0.1265 and a low retracing to $0.0719. The total trading volume in the past 24 hours reached $7.578 million. Its current market cap is approximately $16.0938 million. KernelDAO is a restaking ecosystem on the Ethereum and BNB chains. Its products span restaking and automated Vault strategies. By enabling shared security and maximizing the utility of assets such as ETH, BTC, and BNB, it strengthens the network security, liquidity, and reward generation of the entire ecosystem. With 10 chain locks totaling 2 billion+ in TVL, 50+ D