Gate Crypto Flash News and Market Updates

Gate News update, April 12, Strategy founder Michael Saylor again shared information related to the Bitcoin Tracker, and said "Think ₿igger". According to the previously observed pattern, Strategy typically discloses information about additional Bitcoin purchases on the second day after the related news is released.

Crypto analyst Axel Adler Jr said the current Bitcoin pullback is smaller than historic bearish-market levels, but a bottom has not yet been confirmed. He believes the market is still in a mild bear phase, and that a true recovery will require patience and waiting.

ClearBank has recently been approved by the Netherlands Authority for the Financial Markets to become a provider of crypto-asset services. It will launch EURC and USDC stablecoin services, aiming to improve the efficiency of cross-border payments. It will also deepen its collaboration with a certain CEX by offering savings accounts that cover the Financial Services Compensation Scheme.

Philadelphia musician G.Love had about 5.92 Bitcoins stolen due to mistakenly downloading a counterfeit app. On-chain investigator ZachXBT traced the flow of funds and questioned Apple’s App Store review process, saying it allows counterfeit apps to be listed, increasing user risk.

Gate News message: On April 12, U.S. President Trump on April 12 reposted an article about an “naval blockade” of Iran on social media. The Iranian Embassy in Austria responded the same day, saying that a blockade cannot be “opened” in the Strait of Hormuz. The embassy wrote on social media: “A simple clarification for those concerned about this matter: a blockade is a blockade. It cannot ‘open’ the Strait of Hormuz—only restrict it. To get out of this self-created predicament, the only way forward is to stay open and flexible in negotiations. Follow reason.”

On-chain analysts monitored that the whale address enai.bnb bought 46,336.76 tokens on the second day after RAVE went live, holding them until 48 days ago before transferring to Aster. It is now the BSC network’s TOP 9 holder. If it hasn’t sold yet, the return on investment could be as high as 462%.

Gate News message, April 12, market data shows that Ethereum has fallen below the $2,200 level, with a 24-hour drop of 1.86%.

Gate News bot 消息，Gate 行情显示，ETH 跌破 2200 USDT，现价 2194.07 USDT。

The Iran-U.S. negotiations face three main issues: control of the Strait of Hormuz, stocks of enriched uranium, and the unfreezing of Iranian assets. Iran firmly rejects the U.S. proposal, and the two sides have been unable to reach consensus on the nuclear issue and asset unfreezing, leaving the talks in a deadlock.

CryptoQuant analyst Darkfost says the Bitcoin market is entering an early stabilization phase, with stronger long-term holding behavior. The amount of BTC held for more than a year has increased, and investors are more inclined to hold than to distribute. This suggests the market is transitioning toward long-term conviction; the current trend is viewed as an early stability signal, but it needs longer-term confirmation.

North Korean hackers’ attacks against the cryptocurrency industry continue to escalate, becoming an important source of funding for maintaining their military budget. Experts say that, unlike hackers from other countries, North Korea relies more heavily on crypto theft; its tactics have evolved into precision takeover—long-term infiltration that is difficult to effectively defend against—posing a serious threat to the industry.

U.S. Senator Cynthia Lummis is calling for advancing the 《CLARITY Act》 legislation as soon as possible, warning that otherwise it may take nearly four years to restart the regulatory framework. The bill is intended to provide a clear regulatory structure for the crypto industry and to promote innovation and market development. Multiple industry figures and regulators support the legislation, emphasizing the need to avoid regulatory uncertainty.

Gate News update: On April 12, according to on-chain analyst Ai Yi’s monitoring, the multi-signature address 0x0A1...790d7 accumulated a withdrawal of 31.93 million RAVE tokens from a certain CEX over the past two days. Its asset value has risen from $37.54 million to $89.10 million, an increase of $50 million within two days. Earlier, on April 8, the value of these tokens was only $8.52 million.

CryptoQuant analyst Darkfost noted that although March CPI recorded the largest month-over-month increase, core CPI remained stable, indicating that U.S. inflation has not fully spread yet. Attention should be paid to upcoming PCE data. If the Iran-Iraq conflict continues, inflation could evolve into a systemic risk and affect economic growth, and the Federal Reserve may need to continue raising rates to respond.

Musk said on the X platform that xAI’s Grok model is catching up to Anthropic’s Claude Opus 4.6, with a prediction it will come close to parity in May and may surpass it in June. He said that this timeline counts as a long time in the AI field. Claude Opus 4.6 is Anthropic’s flagship AI model and is the strongest version in the Claude 4 series.

On April 12, the prediction market Polymarket briefly appeared in Google News search results, but was then removed. Google said this was an error and said it will no longer display it. The platform has been proactively integrated with media and has already partnered with Google and the X platform.

The U.S.-Iran negotiations did not reach an agreement, and U.S. Vice President J.D. Vance has left Pakistan. The Iranian delegation put forward a forward-looking initiative, but it was unable to win the U.S. side’s trust. The time and location for future negotiations have not been announced yet.

Robinhood takes a cautious approach in its prediction market business, excluding “market mentions” contracts that could easily trigger manipulation risks, and emphasizing that it only offers regulated event contracts to protect customer interests. Recent insider trading incidents have intensified industry concerns, and to mitigate risk, Robinhood partners with regulated platforms to ensure user identity verification.

Bank of America releases a report, adjusting its global economic outlook due to geopolitical shocks in the Middle East. The U.S. growth forecast for 2026 is lowered to 2.3%, and inflation is raised to 3.1%. The eurozone growth forecast is cut, with inflation raised to 3.3%. The report emphasizes that the impact of the shocks is uneven.

Bitcoin’s short-term trading difficulty is increasing. Analyst Murphy recommends adopting a DCA (dollar-cost averaging) strategy over the next six months, with a win rate approaching 100%. He emphasizes the need to distinguish between investing and trading, avoid wishful thinking, follow the long-term trend, and strictly adhere to short-term trading discipline.