Charles Hoskinson warned that Bitcoin's BIP-361 upgrade, meant to address quantum threats, is wrongly classified as a soft fork. It could freeze 1.7 million BTC, including 1 million from Satoshi Nakamoto, as early coin owners can't prove ownership.

From 14:30 to 14:45 (UTC) on 2026-04-17, the Bitcoin (BTC) market saw clear signs of abnormal movement. The 15-minute candlestick return reached +0.69%, with the price ranging from 77455.4 to 78044.4 USDT and an amplitude of 0.76%. Short-term fluctuations increased market attention, trading volume expanded in parallel, and liquidity improved further. The main driver behind this abnormal move was a clear strengthening of spot-market buy-side demand. According to on-chain and statistical data, from 14:00 to 15:00, BTC spot buys had the upper hand. Massive buy orders continued to push the price higher, while whale addresses (≥10,000 BTC holdings) were actively net-buying during this period. The inflow of large on-chain funds directly drove spot prices higher. In addition, CME Bitcoin futures open interest increased by 70%, yet there was no large-scale liquidation or forced selling, indicating that institutional capital was returning in an orderly manner and that futures leverage did not become the dominant source of pressure. The leading force behind this upswing came from the spot market, and any wait-and-see sentiment caused by shrinking ETF flows did not suppress short-term prices. Meanwhile, on-chain data shows that network activity has continued to rise, and the distribution of holdings is becoming more concentrated. In the short term, the coordinated effect of whales and newly onboarded users amplified price elasticity. Benefiting from an increase in macro risk appetite in mid-April—along with dovish signals from the Bank of Japan coinciding with easing geopolitical tensions—BTC’s attractiveness as a risk asset improved, and investors’ risk appetite strengthened. In addition, although ETF net inflows fell to $4.2 million, there were no large outflows, providing bottom support for spot. Multiple factors converged to drive BTC’s short-term rebound within the 15-minute window. It is worth noting that the SOPR data for short-term holders shows that some short-term capital is currently trading at a loss; if the price pulls back, there may be a risk of additional downside. Changes in institutional capital driven by shrinking ETF flows are also a potential trigger for volatility. The return of leveraged funds to the futures market is also worth watching. Investors should closely monitor key support levels, the movements of actively circulating on-chain funds, and changes in macro news, so they can grasp the market’s timing and stay up to date with more real-time market information.

DAZN partners with ADI Predictstreet to introduce a blockchain prediction market for the 2026 FIFA World Cup. Users can engage in real-time predictions, utilizing advanced technology for privacy and scalability, despite regulatory challenges in Europe.

Tokyo has launched a subsidy program for businesses creating yen-denominated stablecoin use cases, offering up to 40 million yen. Applicants must meet specific eligibility criteria and can face repayment penalties if use cases aren't developed or subsidies are misused.

Gate News message. On April 17, according to Gate market data, as of the time of writing, TIA (Celestia) is trading at $0.4069. It is up 14.64% over the past 24 hours, with a high of $0.421 and a low of $0.3462. The 24-hour trading volume is $2.7548 million. The current market cap is about $369 million. Celestia is an L1 blockchain designed for a specialized on-chain marketplace. It enables ultra-fast transactions through fiber-grade performance and millisecond-level latency. The platform provides a modular data availability layer solution, using innovative mechanisms such as Data Availability Sampling (DAS) and the Namespaced Merkle Tree (NMT), allowing lightweight nodes to verify data availability without downloading an entire block. Celestia’s DA layer claims it can reduce end users’ transaction fees by more than 100 times, with native support for well-known rollup ecosystems such as Polygon CDK, Arbitrum Orbit, OP Stack, and Starkware. With bit-level block space, Celestia offers low latency, highly specialized, and high-capacity features for the market, enabling all kinds of applications to be tailored and optimized according to their assets, participants, and latency requirements. This news is not investment advice. Please be aware of risks related to market volatility when investing.

Gate News message: Gate has launched pre-market trading for CHIP/USDT perpetual futures, using USDT settlement. It supports 1x–10x long and short positions, and the leverage ratio can be selected by you when placing the order.

Gate News update: On April 17, according to Gate market data, as of the time of writing, MOVR (Moonriver) is trading at $2.96. It is up 132.99% over the past 24 hours, reaching a high of $2.97 and falling to a low of $1.25. The total 24-hour trading volume is $494.5k. The current market cap is approximately $33.7163 million. Moonriver is an EVM-compatible blockchain running on the Kusama network, providing developers with features such as deploying Solidity smart contracts, Web3-compatible APIs, oracle data, and Ethereum network bridge relays. MOVR is the platform’s utility and governance token. It can be used to pay transaction fees, for network governance, to earn rewards by participating in network consensus through staking, and to provide liquidity for decentralized exchanges built on the Moonriver blockchain. As the Kusama ecosystem version of Moonbeam, Moonriver won eligibility for a parachain slot auction through a crowd sale, giving developers a sandbox environment to test new code under real economic conditions, with full Ethereum compatibility and efficient smart contract execution capabilities.

Gate News message, April 17. According to Gate market data, as of the time of publication, ARB (Arbitrum) is trading at $0.127. It is up 9.50% over the past 24 hours, with a high of $0.133 and a low that has fallen back to $0.116. The 24-hour trading volume is $1.6685 million. The current market cap is approximately $768 million. Arbitrum is a technology stack designed to scale Ethereum. You can do everything you do on Ethereum using the Arbitrum chain—use Web3 applications, deploy smart contracts, and more—but your transactions will be cheaper and faster. Its flagship product, Arbitrum Rollup, is an optimistic sharding protocol that inherits Ethereum-level security. This message does not constitute investment advice; investments involve risks, including market volatility.

Bernstein Liebhard LLP has launched a securities fraud class action against Gemini Space Station, Inc. (GEMI), claiming misleading statements about its cryptocurrency platform. Investors can join the lawsuit by May 18, 2026, with no upfront costs.

Gate News update: Gate Pre-IPOs has officially launched the subscription page for its inaugural project, SpaceX (SPCX). Users can participate in the subscription; this round supports two currencies: USDT and GUSD. The subscription period is from 2026-04-20 18:00 to 2026-04-22 18:00 (UTC+8). The distribution time is 2026-04-22 22:00 (UTC+8). Pre-market trading will open on 2026-04-24 18:00 (UTC+8). After the subscription is completed, the asset certificates will be distributed in a 100% unlocked format. Eligible VIP users and super agents can enjoy additional free airdrop rewards, which will be issued simultaneously with the subscription distribution. SPCX is a Mirror Note (mirror note) based on SpaceX, used to mirror its value performance before and after listing. Users can use the Pre-IPOs mechanism to gain value exposure in advance before the target company enters the public market.