Gate Crypto Flash News and Market Updates

The IRS will enforce mandatory cost basis reporting for digital asset brokers starting April 15, 2026, requiring them to submit Form 1099-DA to report sales and exchanges. This aims to reduce underreporting of capital gains and align cryptocurrency tax reporting with traditional securities.

Gate News, according to Gate’s official announcement Gate’s Yuebi Bao launches an ETH 7-day term wealth management product with an additional rewards pool. Subscription users can enjoy a 10% annualized return bonus. This rewards pool cumulatively provides 500,000 OFC in additional rewards, using a first-come, first-served mechanism. The additional rewards will be distributed to users’ accounts on a daily basis in the form of an equivalent amount of OFC. The platform has an overall cap on the total activity rewards and a limit on the maximum amount each individual user can receive.

Edith Sithole Chen Yik-ting, CEO of HKEx, cautions against extending trading hours in Hong Kong, highlighting potential disadvantages for local investors and emphasizing the importance of product offerings over operational hours. She also noted robust IPO interest from international companies and investors.

American Battery Materials increased its IPO size to 2.5 million shares at $6 each, aiming to raise $15 million. The company explores lithium resources in Utah and plans to list on NYSE American, currently traded under "BLTH."

Hong Kong's Finance Secretary Paul Chan expects the city to rise to the world's second-largest financial center in 10-15 years, emphasizing its adaptability, tech growth, and strong ties to mainland China while addressing stablecoin regulations.

Iran plans to utilize alternative ports to bypass U.S. restrictions in the Strait of Hormuz, aiming to sustain its maritime trade amid ongoing international pressure.

Japan's National Police Agency held a meeting to address security concerns for foreign embassies and consulates following a breach by a Japanese soldier at the Chinese Embassy. The government's response to the incident has faced criticism for being inadequate.

Alibaba's Happy Horse-1.0 model has achieved the highest ranking on the Arena Video Edit global benchmark with an Elo score of 1,299, outperforming xAI's Grok Imagine Video and Kling o3 Pro by significant margins.

Indonesia and the U.S. established a Major Defense Cooperation Partnership, focusing on military modernization and joint training exercises. However, Indonesia remained cautious about U.S. military proposals, aiming to maintain its non-aligned foreign policy.

Hermès' shares dropped 14% after reporting a 6% decline in Middle East sales due to the Iran war's impact on tourism. Overall sales rose 5.6%, missing expectations, with the U.S. as a bright spot. Currency fluctuations also contributed to revenue loss.

W Games has increased its stake in Paksi Games to 73.33% by acquiring an additional 13.33%. This Turkish subsidiary has seen significant revenue growth, particularly from AI-driven games, and is expected to be profitable by Q1 2026.

The IMF has downgraded its 2026 global growth forecast to 3.1%, citing risks of recession from rising oil prices and US-Iran tensions. Bitcoin has also dropped significantly amid poor macroeconomic conditions and rising global debt.

KKR is set to acquire approximately $820 million in convertible bonds from Samsung SDS, aiding its digital transformation and blockchain initiatives, while also providing advisory services in various areas including M&A and AI.

Donald Trump critiques UK Prime Minister Keir Starmer for the country's handling of immigration and oil policy. He expresses disappointment over the UK-US relationship and praises King Charles' upcoming visit, while also rebuking Italian Prime Minister Giorgia Meloni's remarks.

Mizuho Securities identified Cloudflare, ServiceNow, and Atlassian as top software stocks ahead of Q1 2026 earnings, despite a challenging market. Price targets were adjusted, reflecting strong fundamentals amid ongoing valuation compression in the sector.

Gate News, April 15, according to Gate market data, as of the time of publication JST (JustLend) is trading at $0.0798. Over the past 24 hours, it is up 1.55%, with a high of $0.0812 and a low of $0.0762. The 24-hour trading volume reached $2,955,000. Its current market cap is approximately $703 million. JST is the governance token of the JUST ecosystem. It aims to build a fair, decentralized finance system, providing stablecoin lending and governance mechanisms for users around the world. JST uses a dual-token system, where USDJ is a stablecoin pegged to the U.S. dollar 1:1 and is generated by posting TRX as collateral on JST’s CDP lending platform. Holding JST enables users to participate in community fair governance, and under the fair system, to pay CDP

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has dropped by 14% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Elice Group, a South Korean AI firm, plans to IPO this year to fund next-gen portable modular data centers. With a revenue increase and a focus on cloud services over education, they aim to expand AI solutions and secure GPU procurement projects.

The U.S. Navy confirmed that an MQ-4C Triton drone crashed during a surveillance mission over the Strait of Hormuz. The incident, a Class A mishap with no casualties, involved the drone exhibiting abnormal behavior before disappearing from radar.

Chainlink has partnered with SIX Group to provide onchain access to real-time stock market data from Swiss and Spanish markets, enhancing blockchain applications. This integration supports tokenized assets and connects traditional finance with blockchain.