Gate Crypto Flash News and Market Updates

On-chain data shows that the whale starting with 0x06a completed the second round of GOLD long positions between April 6 and 7. Its position size increased to $13.20 million, with an average entry price of $4,677. It is currently down slightly by about $43k. This address previously opened GOLD long positions with a $10.30 million size, realized a profit of $417k, and then closed the positions.

Gate News message, April 7, according to Polymarket’s latest data, the probabilities that the market is betting on for StandX to have FDV over $200 million on the next day after launch are 35%, over $400 million are 14%, and over $800 million are 11%. Currently, the total trading volume of this prediction market is over $1.29 million.

The Russian central bank has launched a digital ruble to ease economic troubles, but public acceptance is low, with 51% of people unwilling to try it. The central bank plans to require businesses to provide CBDC services, aiming to improve fiscal transparency and crack down on corruption. Although the digital ruble has potential in cross-border trade, its appeal for everyday consumption still isn’t enough. Successful rollout depends on public and business acceptance.

Gate News update: On April 7, the People’s Bank of China reported that its gold reserves at the end of March were 74.38 million ounces (about 2,313.48 tons), up 160k ounces (about 4.98 tons) month-over-month. Gold reserves at the end of February were 74.22 million ounces (about 2,308.5 tons). This is the 17th consecutive month that the People’s Bank of China has added to its gold holdings.

Bitcoin traders are watching U.S. President Trump’s final ultimatum to Iran, and market sentiment is tense as the price of Bitcoin moves around the $68,000 mark. Despite a quick rebound after the selloff, investors need to monitor changes in the geopolitical situation and their impact on Bitcoin.

Gate News message, April 7, UBS lowered its forecast for the gold price at the end of June to $5,200 per ounce. UBS said the cut was due to cooling investor demand for gold as market volatility intensified.

Sam Altman was compared to SBF and Bernie Madoff in a New Yorker investigative piece, leading to a trust crisis as Worldcoin’s price fell 2.9%. Altman’s integrity has been called into question, affecting investor confidence. OpenAI governance issues have also added to market unease, so WLD holders need to closely monitor how events unfold.

An Indonesian court ruled on three individuals suspected of financing terrorism, with on-chain cryptocurrency transactions serving as the core evidence, revealing that they used cryptocurrencies to move funds to activities related to ISIS. Investigations show that improvements in cryptocurrency regulatory capabilities and heightened monitoring across Southeast Asia mean the flow of terrorist funds is facing strict scrutiny.

In the first quarter of 2026, U.S. bankruptcy filings surged 14% to 150,009 cases, largely driven by high inflation, high interest rates, and tightened credit, with small businesses hit the hardest. Personal bankruptcies also rose, as household debt and high borrowing costs intensified financial pressure. Lawmakers have proposed raising the thresholds for bankruptcy reorganization, but the economic outlook remains bleak.

Iran launched a missile and drone attack on Saudi Arabia’s Jubail on April 7, triggering a large fire and further escalating tensions in the Middle East. Iran rejected the U.S. peace plan and put forward a 10-point counterproposal, indicating that it is seeking to consolidate its advantage in negotiations. The market response was clear, with Bitcoin and precious metals prices fluctuating; the situation ahead will affect global energy and financial markets.

Polygon announces that the Giugliano hard fork will be activated on April 8, aiming to improve transaction confirmation speed and fee transparency, and support high-throughput payments and tokenized assets. The upgrade will embed fee parameters into the block header and roll out new RPC endpoints to optimize the developer experience. In addition, this upgrade is a major improvement for Polygon after experiencing multiple issues; despite market expectations, the POL token is still down by nearly 5%.

Gate News message, according to Gate’s official announcement dated April 7, 2026 Gate launches the GUSD Minting Newcomer Limited-Time Rewards Campaign, Episode 10. The campaign is open to new users who have never held GUSD spot and have never participated in GUSD minting. The campaign runs from April 7, 2026 at 16:00 to April 13, 2026 at 16:00 (UTC+8). New users can mint GUSD by using USDT or USDC, with an annualized return rate of up to 100%. Returns start accruing from the day after subscription and are distributed in the form of GUSD. GUSD is a demand-deposit principal-protected wealth management product. After users mint with USDT/USDC, they receive investment receipts. It supports trading and collateralization, and upon redemption it is exchanged for USDT/USDC at a 1:1 ratio (redemption fees are deducted). In addition, for GUSD participating in other wealth management products such as Launchpool and Launchpad, during the investment period users can simultaneously earn the corresponding wealth management returns from those products, the GUSD minting proceeds, and the campaign rewards.

Gate News message, April 7, the Sui ecosystem liquid staking protocol Volo announced that the maximum capacity of its Sui Prime treasury has been increased to 7 million SUI.

Circle announced its post-quantum security roadmap for its Layer-1 Arc blockchain, aiming to ensure the security of wallets, signatures, validators, and off-chain infrastructure by before 2030. The roadmap is divided into four phases: the first phase will go live on the mainnet in 2026, using NIST-approved post-quantum signature schemes, highlighting the industry’s response to quantum threats. Arc offers a more concrete implementation plan than its competitors, marking a new advancement in security for the crypto industry.

The Curve DAO (CRV) price is approaching the $0.20 critical support level, and the short-term trend is facing a choice. Although there are slight signs of stabilization, the overall downward momentum has not been resolved. Technical and fundamental risks are prompting traders to watch whether $0.20 can hold.

Worldcoin (WLD) price continues to hover near its historical lows, currently at $0.2482, and the near-term trend remains weak. Despite large inflows of institutional capital such as Eightco Holdings, there are still no signs of a rebound in the market—if anything, it has intensified supply pressure. On-chain data supports the risk of selling off; once the key support level of $0.2455 is broken, it could quickly drop to $0.20. Overall, WLD faces structural pressure, and the market is focused on whether it can break through the historical low.

The U.S. Securities and Exchange Commission is accelerating the development of a cryptocurrency regulatory framework, proposing a “safe harbor” mechanism to provide compliant financing pathways for crypto startups. Compared with Congress’s “CLARITY Act,” the SEC’s standalone rule set establishes higher financing limits and disclosure standards while also advancing a “tokenization innovation exemption.” Currently, crypto policy is becoming clearer step by step, and the SEC-led rules will be prioritized in shaping the market.

The expected shift around Iran ceasefire talks is toward pessimism, and the trading market shows that the ceasefire success rate set by Trump is only 3%. Iran rejected a short-term ceasefire proposal and put forward long-term political and economic conditions, further compressing the room for negotiations. Energy markets are strengthening in expectation, and the probability that WTI crude for April, which hit $120, rises to 77%. Crypto assets such as Bitcoin are under pressure during the phase when risk appetite declines, with capital flowing into traditional safe-haven assets.

Gate News message: On April 7, Japan’s Nikkei 225 Index (Japan’s benchmark stock market index) closed up 15.88 points, a gain of 0.03%, at 53,429.56 points. On April 7, South Korea’s KOSPI Index (South Korea’s composite stock price index) closed up 44.44 points, a gain of 0.82%, at 5,494.77 points.

Iranian Foreign Minister Araghchi spoke by phone with Qatar Prime Minister Mohammed, discussing the military actions by the US and Israel against Iran and their consequences. They emphasized the need to abide by international law, promote regional peace, and said that resolving the crisis through diplomacy is the only option.