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On the occasion of its thirteenth anniversary, Gate founder and CEO Dr. Han published an open letter titled "Releasing the Power of Change Amidst Cyclical Transitions," reflecting on the platform's journey from early exploration to global development, and systematically elaborating on his judgments regarding industry cycles and future trends.Dr. Han pointed out that as CeFi continues to extend towards DeFi, the platform is moving from a centralized trading vehicle to a more open ecological structure. The cryptocurrency industry is shifting from "narrative-driven" to "infrastructure-driven," with the focus of competition shifting from products and scale to system capabilities and structural advantages. In the next cycle, platforms with infrastructure capabilities will no longer just be market participants but will become an important part of the rules.Dr. Han stated that Gate is gradually transitioning from a builder to a shaper of industry structure, continuously investing in trading depth, risk control capabilities, and global compliance systems, while simultaneously laying out in areas such as RWA, TradFi, DeFi, and AI. In addition, Gate is advancing its global brand building by establishing partnerships with top international sports IPs like the F1 Red Bull Racing Team and Inter Milan, accelerating connections with a broader global user base.In the future, Gate will continue to lay out around infrastructure capabilities, deepening investments in ecological connections, technological capabilities, and global systems to address a new stage of higher-dimensional industry competition.

According to official news, the French listed company Capital B increased its holdings by 37 bitcoins, bringing its total holdings to 2,925 bitcoins.

According to Onchain Lens monitoring, it is suspected that Selini Capital (0x82E...1db8) has withdrawn a total of 20,000,000 WLD from Binance in the past 24 hours, worth 5.64 million dollars.

According to CoinDesk, Flare has announced a governance proposal to capture Maximum Extractable Value (MEV) at the protocol layer, with a newly established entity, FIRE, responsible for revenue reinvestment and the buyback and burn of FLR tokens.The proposal includes a three-phase block construction overhaul: first, block builders will be designated by the Flare Entity, then Flare Confidential Compute will be introduced for public auditing, and finally, builders will be merged with proposers, with original validators transitioning to a verification role. The proposal also reduces the annual inflation rate of FLR from 5% to 3%, lowers the annual hard cap from 5 billion to 3 billion tokens, raises the base gas fee to 1,200 gwei, and is expected to increase the annual burn amount to 300 million tokens. These measures aim to optimize the network's economic model and enhance the protocol's transparency and security.

The Chicago Mercantile Exchange (CME) Bitcoin futures market continues to weaken. Data shows that the average daily open interest (OI) in March 2026 has fallen below $8 billion, further dropping to about $7.2 billion in early April, marking a new low since February 2024, and it has declined for the fifth consecutive month. Meanwhile, the monthly trading volume in March fell to $163 billion, nearly halving from the peak of January 2025.Market analysis indicates that this round of decline is primarily due to large-scale liquidations of "basis trades." Previously, institutions profited from price differences by buying spot ETFs and shorting CME futures, which was the core driving force behind the growth of CME positions. However, as Bitcoin prices have retreated from a high of $120,000 to below $70,000, the annualized basis yield has significantly compressed. Currently, the basis yield of about 5% is close to the risk-free interest rate level of about 4.5%. When factoring in funding costs and counterparty risks, the arbitrage space has essentially disappeared, prompting leveraged funds to withdraw.

According to monitoring by Hyperinsight, the largest short-selling institution for crude oil on the Hyperliquid platform, "Abraxas Capital," saw a significant recovery in its two addresses nearly a week after the ceasefire news, with funds rebounding over 12 million dollars. The "short oil long crypto" portfolio position successfully turned from a previous unrealized loss of 9.7 million dollars to a profit. As of the time of writing, the two addresses continue to synchronize profit-taking and reduce positions, with the current unrealized profit still reaching 8.7 million dollars.After this round of position reduction, the total position size still reaches 152 million dollars, of which the combined short positions in WTI and Brent crude oil amount to approximately 126 million dollars, and the total long positions in the crypto market amount to about 26.1 million dollars. The details of the crude oil short positions are as follows:BRENTOIL short position (5x leverage): size reduced from 92 million dollars to 78 million dollars, average price approximately 96 dollars;WTICRUDE short position (5x leverage): size reduced from 51 million dollars to 48.5 million dollars, average price approximately 95 dollars.

According to TechCrunch, the short video + meme trading platform Giggles completed a $1.2 million Pre-Seed funding round in 2025, with investors including 1kx Capital, Virtuals Protocol, Social Graph Ventures, Noar Ventures, Night Capital, and angel investors from organizations such as OpenAI and Bain Capital.Reportedly, Giggles was created by 19-year-old Canadian founder Justin Jin and is a TikTok-style short video social application, with the core mechanism being "all content is tradable." Users can discover prices and trade trending videos and memes. The project combines social video browsing with prediction markets, allowing users to profit if early investments in content go viral. It is currently in an invitation-only testing phase and has attracted a large waiting list of users, reflecting the integration of content economy and crypto trends.

According to SEC filings, Canary Capital has submitted the S-1 registration statement for the Canary PEPE ETF, intending to launch the issuance after the registration becomes effective.Previously, the agency applied for a large number of altcoin ETFs, which have been questioned by outsiders as merely a means of speculation.

Binance founder Zhao Changpeng (CZ) recalled in his new book that after the "9·4" regulatory policy was introduced in 2017, venture capital firms as a whole became more cautious, and Sequoia Capital, which had originally expressed investment intentions, also paused related cooperation. He stated, "Seeing the venture capitalists collectively silent during our most difficult September, I was actually quite disappointed."CZ revealed that prior to this, Sequoia had expressed investment interest at the beginning of He Yi's joining, but chose to wait and see in light of the policy impact. Subsequently, Binance achieved rapid growth from September to October, with the number of users increasing from about 20,000 in August to about 120,000 by late October, ranking among the top ten exchanges globally and becoming profitable.CZ stated that by the end of October, after the risk phase had basically passed, Sequoia re-expressed its investment intentions, but they had proposed to raise the valuation requirement. Ultimately, the two sides could not reach an agreement due to valuation differences. The other party then proposed to pursue legal proceedings, and a week later, four large boxes of legal documents were delivered. CZ said this was the "first time in his life becoming a defendant." CZ mentioned that he later learned that the lawsuit was led by Sequoia's legal team in the U.S., who are skilled at using the media to create public opinion, "the media reporters knew before I, the party involved."

The AI Agent trading platform Mentis recently detected abnormal fluctuations in information flow and market sentiment signals related to the United States, Israel, and Iran. Subsequently, the situation in the Middle East quickly entered a ceasefire negotiation phase, with multiple geopolitical developments being released, attracting market attention.The platform's trading interface shows that in the early stages of the event's escalation, the Mentis AI Signal had already indicated continuous buying and trend confirmation signals, with the multi-model consensus system (MTS-GPT, MTS-DS, MTS-Q Flash) simultaneously identifying a strengthening market structure. Following this, the BTC price rapidly rose and broke through a key range, validating the market trend with the direction of the AI signals.Trading records indicate that the AI Agent completed automated trade execution and position management after the signal formation, with account profits increasing in tandem with the market rise, demonstrating the forward-looking judgment capability of event-driven signals in the early stages.Mentis stated that its AI Agent continuously tracks cross-market information sources, sentiment changes, and event data, constructing a trading closed loop from information discovery → signal analysis → decision support → automated execution, to enhance response efficiency in sudden macro and geopolitical events.

OpenClaw released version 2026.4.7, adding OpenClaw inference capabilities, music and video editing, conversation branching/recovery, Webhook-based TaskFlows, and support for Arcee, Gemma 4, and Ollama visual models, while also launching the memory-wiki persistent knowledge system.

Sky Governance announced on April 7 two structural upgrade proposals aimed at strengthening the capital protection framework of the protocol. The two proposals are: implementing a stronger solvency buffer mechanism and adopting a more sustainable staking reward model, with the goal of consolidating the long-term stability of the protocol and placing credibility above the pursuit of short-term gains.Sky Protocol pointed out that its yield-bearing stablecoin sUSDS is the largest in its category, attributing this success to the protocol's unique risk positioning compared to its competitors.

According to Bloomberg, the Federal Deposit Insurance Corporation (FDIC) has officially released guidelines for financial institutions and their fintech subsidiaries regarding the use of stablecoins.FDIC Chairman Travis Hill stated at a board meeting in Washington on Tuesday that the new guidelines will establish corresponding regulations on reserve assets, stablecoin redemptions, permissible activities, and capital requirements, in response to the growing trend of digital currency applications in the financial system.

According to Fortune, Zaheer Ebtikar, the founder of the crypto hedge fund Split Capital, announced the closure of the fund and officially joined the stablecoin startup Plasma as Chief Strategy Officer. Ebtikar stated that the closure of the fund was not due to poor performance, but rather because he believes that the crypto hedge fund business model is no longer viable. Ebtikar pointed out that the launch of digital asset ETFs by traditional financial institutions such as BlackRock and Fidelity has allowed institutional investors to allocate crypto assets directly through compliant channels, leading to a significant decline in demand for crypto hedge funds. Meanwhile, the crypto venture capital sector has also experienced a "mass elimination," with the prices of mainstream cryptocurrencies like Bitcoin and Ethereum having dropped nearly 50% from their historical highs in 2025.

This morning, 60,000 ETH were redeemed from Ethereum staking and transferred to Coinbase. According to analysis by Yu Jin, the owner of this ETH is Andrew Keys, co-founder of DARMA Capital, and this ETH has been staked for nearly 5 years.In recent days, these ETH have been largely redeemed and aggregated, then transferred to Coinbase. During the nearly 5 years of staking, these ETH earned approximately 18% in coin-based returns (16,000 ETH, worth 34.2 million USD).

In the early morning of the 7th local time, Iranian sources cited unnamed sources stating that an explosion occurred in the Jubail Industrial City in northeastern Saudi Arabia, which was subjected to a large-scale attack involving American capital.Reports indicate that the Jubail Industrial City is one of the world's important petrochemical production bases, with an annual output of approximately 60 million tons of petrochemical products, accounting for 6% to 8% of global total production. The area is home to several large petrochemical companies and projects. Among them, Saudi Basic Industries Corporation is one of the main investors in this industrial area. Additionally, the Sadara project, which involves American company Dow Chemical, and projects jointly invested by Saudi Aramco and French TotalEnergies are also located in this industrial area.

Strategy founder Michael Saylor posted on the X platform, stating that a global consensus has formed that Bitcoin is "digital capital," and the market structure is undergoing a fundamental transformation. He believes that the traditional "four-year cycle" is no longer applicable, and Bitcoin's price will primarily be driven by capital flows.Michael Saylor also pointed out that the future banking system and digital credit will determine Bitcoin's growth path, while warning that the greatest risk comes from "iatrogenic" protocol changes driven by erroneous ideas, which could cause unnecessary disruption and damage to the network.

According to the latest data from Dune and Visa, Ethereum's market share in the supply of non-USD stablecoins has dropped from 90% at the beginning of 2023 to 65% in February 2026, indicating that other blockchains are rapidly capturing the market. Nevertheless, Ethereum remains the primary chain for stablecoin issuance.It is noteworthy that Ethereum ranks only fifth in the number of independent senders in the stablecoin network, but the overall user adoption rate of the ecosystem continues to grow, with independent senders increasing from 2,000 at the same time last year to 12,000, reflecting the accelerated expansion of the stablecoin ecosystem.

According to DefiLlama data, Gate had a net capital inflow of over 95.19 million USD in 7 days, ranking first in the world.