Gate Crypto Flash News and Market Updates

The U.S. Commodity Futures Trading Commission is monitoring whether there are any abnormal trading activities in the crude oil futures market. On March 23, before news about Trump’s postponement of strikes against Iran was released, trading volume for crude oil futures rose significantly, and within a short period more than 6 million barrels of related contracts were sold.

Gate News message, on April 1, on-chain analyst Yu Jin monitored and showed that a certain CEX user is suspected to have fallen victim to a social engineering attack, resulting in 8,662 ETH being stolen (valued at $18.19 million). The attacker transferred all of the $18.19 million in stolen assets (7,784 ETH + 26.5 BTC) into another CEX 6 hours ago; that exchange supports trading and withdrawals of cryptocurrencies without KYC.

Gate News message, a newly created wallet has deposited $1.9 million USDC into HyperLiquid and opened an ETH short position with 20x leverage. The position involves 7,144.78 ETH valued at $15 million, with an entry price of $2,098.47 and a liquidation price of $2,319.12.

Gate News message: April 1. According to Gate market data, as of the time of writing, BLUAI (Bluwhale) is trading at $0.00599. Within the past 24 hours, it is up 18.00%, reaching a high of $0.00650 and falling to a low of $0.005. The 24-hour trading volume is $720,100. The current market cap is approximately $7.3643 million. Bluwhale is the intelligent layer of Web3—a consumer-driven decentralized AI network where developers and enterprises can deploy AI agents, providing financial services to 3.6 million users. The project has the backing of financial giants such as Oversea-Chinese Banking Corporation (UOB) and Japan’s SBI Holdings, and is built on Sui, Arbitrum, Tezos, Cardano,

Gate News message, April 1, according to Gate Markets, as of the time of publication, STO (StakeStone) is trading at $0.207. In the past 24 hours, it is up 45.17%, with a high of $0.22 and a low of $0.108. The trading volume over the past 24 hours was $2.5092 million. The current market cap is about $46.635 million. StakeStone is a decentralized cross-chain liquidity infrastructure protocol designed to change how liquidity is obtained, distributed, and utilized across blockchain ecosystems, providing efficient, sustainable, and organic liquidity to meet the growing needs of increasingly modular and multi-chain DeFi. At the same time, StakeStone is also a crypto-native new bank built specifically for the era of autonomous finance, featuring on-chain assets, institutional strategies, and AI agents

The Solana network faces pressure from declining DEX trading volume and SOL’s token price falling to $82.98, as it moves toward the $80 support level. Although trading volume dropped to $55.5 billion in March, Solana performs exceptionally well in the high-revenue DApp space, which still helps stabilize the price. Despite the challenges, analysts remain optimistic about SOL’s long-term outlook and believe that a short-term pullback does not necessarily mean the price will break below $75.

Gate News: According to the latest Gate TradFi data, XBRUSD (Brent Crude UKOIL) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message. On April 1, according to Gate行情, as of the time of writing, ZEC (Zcash) is trading at $248.68. It is up 10.26% over the past 24 hours, reaching a high of $258.21 and falling to a low of $226.22. The 24-hour trading volume is $3.9798 million. The current market cap is approximately $4.136 billion. Zcash is the first blockchain system to use a zero-knowledge proof mechanism. It can provide complete payment confidentiality while still being able to use a public blockchain to maintain a decentralized network. The total supply of the ZEC token is 21 million. Unlike Bitcoin, Zcash transactions automatically hide the sender, receiver, and amount of every transaction on the blockchain. Only those who have the viewing keys can see the contents of transactions. Users have complete control

The White House is discussing the possibility that a war with Iran could cause a surge in oil prices, and it is expected that oil prices could exceed $150. The Treasury Department believes that oil prices will remain above $100 in the future, and the government is considering emergency measures to address the impact of high oil prices.

Gate News message: On April 1, according to Onchain Lens monitoring, two newly created addresses jointly withdrew 9,519 ETH from a certain CEX, worth approximately $20 million.

Hong Kong’s first batch of stablecoin issuer licenses was originally set to be issued in March 2026, but it did not roll out as scheduled. The Hong Kong Monetary Authority said it is moving forward with the licensing process, and the market is watching the application status of HSBC and Standard Chartered. Among the applications for the second batch of licenses, Futu Securities and OSL Group are strong contenders.

Magic Eden announced it will gradually shut down its native wallet service. Starting today, users can only export their private keys or recovery phrases. After May 1, the wallet will be completely stopped, the app will be taken down, and users need to withdraw their funds before the deadline.

According to the latest news from Gate News, gold rose to $4,706.39 per ounce, while silver fell to $74.808 per ounce. Both the BTC and ETH volatility index declined somewhat. The U.S. dollar to the Chinese yuan fell slightly, while commodities such as WTI and Brent crude oil rose. Gate has strengthened its support for traditional financial products.

SpaceX is working with at least 21 banks to prepare for its IPO, code-named "Apex," with an expected offering in June and a valuation of $1.75 trillion, set to become a focus of Wall Street attention. Morgan Stanley, Goldman Sachs, and others are serving as lead managers, and the size of the underwriting syndicate reflects the complexity of the offering plan.

Gate News, April 1, Alternative.me data shows that today’s Crypto Fear and Greed Index has dropped to 8; yesterday, the index was 11. The market is in a state of extreme fear.

Ark Invest announced on April 1 that it would include shares of OpenAI in its three funds—ARKK, ARKF, and ARKW—each holding about 3% of the shares, making it easier for retail investors to invest in the private company. Previously, Ark Invest also obtained shares of OpenAI through the ARK Venture Fund and increased its holdings multiple times.

Gate News, April 1, influenced by the overnight surge in U.S. stocks, the stock markets in both Japan and South Korea followed the rally. The Korea KOSPI index (Korea Composite Stock Price Index) opened up 267.92 points on April 1 (Wednesday), a gain of 5.3%, to 5,320.38 points. The Nikkei 225 index (Japan’s benchmark stock market index) opened up 883.17 points on the same day, up 1.73%, to 51,946.89 points.

On April 1, an account that had generated more than $1.6 million in profit on Polymarket bought $110,000 in wagers at a price of 48 cents for the Pistons to cover a 3.5-point spread and beat the Raptors. The NBA regular season is nearing its end, and the Pistons are ranked first in the Eastern Conference.

Gate News message, Bitcoin concluded the first quarter of 2025 with a 22.4% decline, marking its poorest first-quarter performance since 2022. Despite this quarterly downturn, BTC closed March with a 1.55% gain, breaking a streak of five consecutive months of losses. The data referenced a question f

Gate News: According to the latest Gate TradFi data, EURTRY (EUR/TRY) has surged by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.