Gate Crypto Flash News and Market Updates

Biconomy and the Ethereum Foundation launch the ERC-8211 smart batch processing standard to address static limitations in smart contract execution, support dynamic parameter adjustments, and enhance the execution capabilities of AI agents and complex DeFi workflows.

Gate News message, April 8, Leavitt Mining Pool BTC.TOP founder and CEO Jiang Zhuoer posted that he went short ETH at $2242; this is a mid-to-short-term operation, just like the last time he went long at $1850 and closed it out at $2144. Jiang Zhuoer said that the bear market cycle hasn’t finished yet, and event-driven bounces are opportunities to go short as well; there’s also a small chance that he will start another round again.

Gate News update: On April 8, Reuters reported that UBS and five other Swiss banks are collaborating to test use cases for a Swiss franc stablecoin.

On April 8, Iran and the U.S. reached a two-week ceasefire agreement; Asia-Pacific stock markets rose across the board. Taiwan’s Weighted Index rose 4.61%, Japan’s Nikkei 225 rose 5.39%, and South Korea’s KOSPI rose 6.87%. The MSCI Asia-Pacific Index rose 5%, and stock markets in India and Sri Lanka also performed strongly. European market futures also rose.

Gate News: According to the latest Gate TradFi data, CHCUSD50 (China A50 50x) has surged by 2.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Sui and Foresight News will host a private gathering in Hong Kong Central on April 21, inviting outstanding Chinese-language creators to participate. Adeniyi Abiodun, co-founder of Mysten Labs, will share insights on finance and DeFi to drive Sui’s growth. The event is limited-invite only, with the goal of bringing together key creators in the industry.

The Ethereum network’s stablecoin on-chain value reaches $180 billion, accounting for 60% of the global market. Over the next four years, on-chain capital inflows are expected to reach $1.7 trillion; if Ethereum grows by 470%, there will be $850 billion in new funding before 2030. Major financial institutions have already launched tokenized funds, driving stablecoin supply to an all-time high.

Hyperscale Data expects its consolidated revenue for the first quarter of 2026 to reach $43 million to $45 million, up 72% to 80% compared with the same period in 2025. The growth is primarily driven by contributions from its Gresham and Ault Lending subsidiaries.

Gate News bot message, Gate market data shows that CRCLON has increased by 10.06% over the past 24 hours, and its current price is 99.75 USDT.

Gate News message: On April 8, Cathie Wood’s Ark Invest bought approximately $13 million worth of Robinhood ($HOOD) stock on April 7, continuing its “buy the dip” investment strategy.

The U.S. Securities and Exchange Commission (SEC) acknowledges that its prior enforcement actions against the crypto industry have had shortcomings, emphasizing that the focus should not be on the number of cases. Since February 2025, seven crypto cases have been withdrawn, with the goal of adjusting policy. The new chair, Atkins, is pushing for regulatory innovation, proposing a “safe harbor” mechanism designed to give compliant space to startup crypto projects and aiming to reshape the industry’s compliance path.

In recent times, the Ethereum price has shown resilience. Its current trading price is around $2,237, and market analysis suggests it could enter a critical turning point. The derivatives market is active, with buying pressure leading; net trading volume has remained positive, which has caused institutional demand to pick back up. On the technical side, $2,000 is a key support level, and if it breaks above $2,400, it could move higher.

AVAX One announced it will develop a 10-megawatt artificial intelligence data center in Alberta, Canada, and purchase 220 Bitmain Antminer S21 Pro mining rigs to expand its Bitcoin mining business, while also advancing digital asset management and its Avalanche ecosystem plans.

Australian Federal Bank strategists expect the U.S.-Iran conflict could end in May, believing that a ceasefire would mark the beginning of the conflict’s end. Despite differences, the strategists said the United States is open to compromise, the economic fallout from wartime conditions continues to build up, and if negotiations break down, it will trigger a negative reaction in the market.

Gate News: According to the latest Gate TradFi data, XAGUSD (Silver) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

Gate News message, April 8, the market shows that EDU briefly rose more than 34%, at one point breaking through $0.059, and is now reported at $0.058. Market analysts believe this round of gains may have been influenced by the release of CZ’s new book.

Gate News message: On April 8, Hyperbot data shows that Huang Licheng (Maji Big Brother) has once again opened a 10x leverage HYPE long position. His current position holds 28,888 HYPE. In addition, he has continued to make small, incremental adds to his 25x leverage Ethereum long position; his current position holds 10,925 ETH, with a liquidation price of $2066. With the crypto market rebounding, Huang Licheng’s overall position has turned from a loss to a profit, with the position value reaching approximately $25.651 million, and his unrealized gain is currently about $1.1 million.

Gate News message, Cooker.hl (@CookerFlips) has purchased 50,751 $HYPE tokens for $1.95 million at an average price of $38.50 per token.

On April 8, South Korean technology stocks surged sharply. SK hynix rose 14.30% to 1,047,000 won, with a market cap of 746.20 trillion won; Samsung Electronics climbed 8.14% to 212,500 won, with a market cap of 1,373.85 trillion won.

Gate News: Message, April 8, according to on-chain analyst Onchain Lens monitoring, a whale address "0x049" opened long positions for BTC and ETH with 20x leverage. The holdings include 279.8 BTC and 8,918 ETH, with a total value of about $40 million.