Gate Crypto Flash News and Market Updates

The Royal Government of Bhutan has recently transferred approximately 319.7 BTC, valued at $22.68 million, and currently holds 3,954 BTC. Since this year began, the government has moved out $215.7 million worth of Bitcoin, and its holdings are down by about 70% from their peak. Bitcoin assets are managed by the national sovereign wealth fund.

On-chain detective ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot discovered about 50.9 BTC were stolen on March 23. The investigation shows the incident actually occurred on March 20; after the funds were transferred out, it was not noticed until about three days later. Potential fund flows involving higher amounts have not yet been identified.

A whale address closed its long positions in WTICRUDE and BRENTOIL on April 9, incurring losses of over $3.9 million. It then opened a WTICRUDE short position at an average price of $92.3. The current position size is $9.3 million. Its main portfolio allocation spans U.S. stocks, crypto, and commodities, with both unrealized gains and unrealized losses varying.

Gate News message. On April 9, according to on-chain analyst Emperor Osmo, the Avalanche team deposited about $180 million worth of AVAX tokens to a certain CEX within six months, accounting for about 1.88% of the circulating supply.

Gate News news, April 9, the Korea KOSPI Index (Korean Composite Stock Price Index) closed down 96.77 points on April 9 (Thursday), a decline of 1.65%, to 5775.57 points. The Nikkei 225 Index (Japan’s stock market benchmark index) closed down 413.10 points on April 9 (Thursday), a decline of 0.73%, to 55,895.32 points.

Gate News message, according to Gate’s official announcement, Gate will list One Football (OFC) spot trading on April 9, 2026 at 18:00 (UTC+8). OFC flash exchange trading will begin on the same day at 19:00 (UTC+8), and the withdrawal function is expected to be launched on April 10, 2026 at 18:00 (UTC+8). OFC has been deployed on both the BASE chain and the Ethereum ERC20 network. At the same time, Gate will launch the CandyDrop airdrop campaign. The campaign runs from April 10, 2026 12:00 to April 23, 2026 12:00 (UTC+8). A total of 2,500,000 OFC tokens will be shared out. The campaign includes four prize pools: spot first trade, spot trading, flash exchange trading, and invite friends. They will share out 400,000, 700,000, 700,000, and 700,000 OFC, respectively. The per-person maximum share for each is 2,000 tokens. One Football (OFC) is a community platform for football fans. Through a token mechanism, it provides rewards to users and builds a unique experience. The official website is https://club.onefootball.com/.

The U.S. CFTC and the Department of Justice are asking a federal court to stop Arizona from enforcing its state gambling laws against prediction market operator Kalshi, arguing that its contracts should be regulated by federal oversight rather than state statutes. Related criminal charges have been filed, and the hearing is scheduled for April 13.

Odin Fun co-founder Bob Bodily said that in response to recent attack incidents, the platform is carrying out multiple recovery efforts, including rolling back state, tracking funds, patching vulnerabilities, auditing contracts, and communicating with the community. This incident resulted in large-scale sell-offs and abnormal account withdrawals.

Goldman Sachs cuts its forecast for second-quarter 2026 oil prices: Brent crude drops from $99 to $90, and WTI crude from $91 to $87, due to the U.S.-Iran ceasefire agreement and a recovery in shipments through the Strait of Hormuz. Goldman Sachs keeps its mid-year forecast unchanged, but supply uncertainty is high—under extreme conditions, Brent could rise to $115. At the same time, it lowers Europe’s TTF natural gas price to €50, but warns that gas prices could rebound to above €75 due to disruptions to LNG transport.

Market expectations are that the U.S. February PCE data will show that inflation pressures remain, with PCE rising to 0.4% month over month and 2.8% year over year. Core PCE is expected to be around 3.0% year over year, above the Federal Reserve’s target. The Federal Reserve may continue to hold the 3.50%-3.75% interest-rate range in April, while rate-cut expectations cool.

Crypto analyst Andrey Sergeenkov disclosed that only 0.015% of Polymarket traders can consistently earn $5,000 per month for four months, and only 840 wallets have profits exceeding $100k. Most traders leave after short-term trading, and the share of long-term active traders is low.

The U.S. Court of Appeals for the District of Columbia Circuit rejected Anthropic’s motion to pause the Department of Defense from listing it as a security risk, saying that military interests take priority over Anthropic’s harms. The dispute stems from a breakdown in its contract negotiations with the Pentagon, with Anthropic insisting that its AI technology not be used in lethal weapons. The court acknowledged that Anthropic may suffer harm, but said the case should be expedited.

On April 9, Hyperinsight detected that address 0x94d3 increased its holdings by 81.06 BTC short positions. Its total position size is $75.2048 million, with an unrealized loss of approximately $1.8229 million, and it is currently the largest BTC short position on Hyperliquid. The address previously established a large BTC short position in reverse back in December of last year.

Gate News, April 9, according to CoinAnk data, the total liquidation amount across the entire network over the past 24 hours reached $232 million. Of that, long liquidations totaled about $144 million, accounting for more than 60%; short liquidations totaled about $88.17 million. From the distribution by asset, the liquidation amount for Bitcoin was about $68.95 million, and the liquidation amount for Ethereum was about $35.32 million.

Japan is considering releasing its oil reserves again as early as May for about 20 days, as the outlook for the Strait of Hormuz remains unclear after a US-Iran ceasefire. Since March 16, Japan has released oil reserves totaling about 50 days, and its current reserves are sufficient to cover 230 days.

Gate News: According to the latest Gate TradFi data, FRA40 (CAC 40) has surged by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.

In April 2026, the XRP price pulled back to $1.33, down about 4%. Although there was capital inflow into Ripple-related products, selling pressure dominated the market, and increased trading volume signaled distribution. Declining liquidity further heightens volatility risk; watch the $1.33 support—if it breaks, prices will likely fall further. For a short-term rebound, it needs to break above $1.35; otherwise, it should remain in a weak range-bound consolidation.

Due to the war in Iran, Middle East oil supply has been disrupted. Asian customers are in urgent need of alternative supplies, and U.S. crude oil export volumes in April are expected to hit a record high of 5.2 million barrels per day, up nearly one-third. The surge in exports highlights the U.S. role as a major global supplier, but it could also raise domestic gasoline prices and trigger concerns about inflation.

Bitcoin has recently been trading in a high-level range. The price rebounded from $67,000 to $70,900, driven by a U.S.-Iran ceasefire agreement. Market analysis suggests that weakness in oil prices—or easing inflation pressure—may support Bitcoin’s upside. If it breaks above $72,500, it could trigger short liquidations and push the price up to $80,000. However, instability in the Middle East and a rebound in oil prices could act as a drag. Volatility in the energy market will be a key factor influencing Bitcoin’s direction.

Blockchain analytics firm Chainalysis predicts that by 2035, stablecoin transaction volume will reach $71.9 trillion. If there are two major macro catalysts, it could double to $150 trillion, surpassing the current global cross-border payments market size. Analysts note that institutional participation will significantly increase activity.