GateNews

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Immediately updates on the crypto industry news, covering areas such as cryptocurrencies, blockchain, artificial intelligence (AI), and traditional finance (TradFi). The content focuses on market trends, policy changes, and industry developments, presenting current hot topics and key information.
X Product Owner: About 80% of the activity on cryptocurrency posts is driven by bots; the technology is hard to solve the spam problem.
Gate News message, April 6, X product lead Nikita Bier said on the X platform that about 80% of cryptocurrency posts are driven by bots, and currently there is no technology that can address the spam problem under cryptocurrency posts.
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Last week, the total market capitalization of stablecoins increased by $1.81B to $317.11B, a 0.57% month-over-month increase.
Gate News message: On April 6, according to data from DeFiLlama, the total market capitalization of stablecoins in the crypto market reached $317.106 billion last week, increasing by $1.812 billion from the previous week, a week-over-week rise of 0.57%. Of this, USDT accounted for 58.04%, continuing to maintain its dominant position in the stablecoin market.
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Circle minted about 3.25 billion USDC on Solana over the past 7 days, setting the record for the largest weekly minting volume of 2026.
Gate News, April 6, according to SolanaFloor data, Circle minted about 3.25 billion USDC on the Solana chain over the past 7 days, setting a record for the largest stablecoin single-week minting volume in 2026.
USDC0.01%
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BTC profit/loss trade ratio is 2.95, the highest level in 12 weeks
Gate News message: On April 6, according to Santiment data, the BTC profit-loss trade ratio reached 2.95, the highest level in 12 weeks. This indicator measures the ratio of profitable trades to losing trades; the current value shows that the share of profitable trades in the market is significantly higher than that of losing trades, reaching a recent peak level.
BTC3.43%
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Iranian senior official: We will not seek to reopen the Strait of Hormuz in exchange for a temporary ceasefire
Gate News message, April 6, an Iranian senior official said Iran will not accept the setting of a deadline or the imposition of pressure to force it into making a decision, and will not reopen the Strait of Hormuz with a "temporary ceasefire" as the exchange condition. The official noted that Iran believes the United States is not yet ready to achieve a permanent ceasefire.
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On-chain data platform Nansen launches cross-chain swap functionality
Gate News message, April 6, the on-chain data platform Nansen launched a cross-chain swap feature, enabling users to exchange Base tokens for Solana tokens.
SOL2.68%
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BTC 15-minute pullback of 0.66%: Trade policy shock combined with large holders selling off triggers downside pressure
From 06:15 to 06:30 (UTC) on 2026-04-06, the BTC price dropped from 68807.2 to 69308.1 USDT; the 15-minute return recorded -0.66%, and the amplitude reached 0.72%. During this period, market volatility intensified, with trading volume and social discussion heat increasing in tandem, reflecting intense short-term capital games.
The main driving force behind this abnormal movement came from sudden changes at the macro policy level. The United States has recently increased tariffs and continued its high-tariff policy, causing a sharp drop in global risk appetite and prompting investors to withdraw en masse from high-volatility assets. Related con
BTC3.43%
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ETH short-term drops 0.74%: Mainstream capital splits and on-chain flows syncing up trigger volatility
2026-04-06 06:15 to 2026-04-06 06:30 (UTC), the ETH price fell 0.74% within the 15-minute window. The candlesticks show a trading range of 2120.42 to 2137.03 USDT, with a swing of 0.78%. During this phase, market sentiment rapidly switched; coin prices became more volatile, while on-chain activity remained at a high level. This indicates that overall market attention continued to rise. Short-term price fluctuations triggered intense battles between long and short positions.
The main driver behind this unusual move was large on-chain capital splitting. Small and medium investors continued to move down-chain during this time period
ETH4.67%
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Saudi Arabia raises the price of crude oil to be sold to Asia by $17 per barrel, with the premium hitting a record high.
Gate News message: On April 6, as Iran nearly shut down restrictions on regional energy transport through the Strait of Hormuz, and uncertainty about how long the conflict will last has kept the market unsettled, Saudi Arabia has raised its main crude oil price for sales to Asia by $17 per barrel versus last month. The premium level versus the Oman/Dubai average—(the Middle East oil pricing benchmark)—has reached a record high. Saudi Aramco has set the official selling price for its May-dated Arab Light crude oil for sales to Asia at a premium of $19.50 per barrel versus the Oman/Dubai average, up $17 per barrel from last month.
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BIT: Ethereum bullish call option selling pressure rising, volatility continues to trend downward
On April 6, BIT released a report stating that market trading volumes have shrunk. Bitcoin ETFs saw net inflows of $1.3 billion, while Ethereum continued to experience outflows. Geopolitical risks have not dissipated, and put-option strategies are increasingly favored. The Ethereum options market has shown significant changes, with traders choosing to sell call options more often to earn premiums.
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ETH4.67%
BTC3.43%
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A giant whale withdrew 5.97 million ATSER tokens from a CEX, worth $3.99 million
Gate News message: On April 6, according to monitoring by Onchain Lens, a large whale withdrew 5.97 million ATSER tokens from a certain CEX, worth $3.99 million, and may transfer them to Aster.
ASTER0.43%
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Figure Lianchuang: A certain CEX sent an incorrect tax notice and obstructed the passage of the CLARITY Act
Figure co-founder Mike Cagney recently received a 1099-MISC tax form from a certain CEX Custody showing last year’s income of $1,600, but the account’s assets are only $10. He is dissatisfied with the customer service’s runaround and criticized the exchange for blocking the passage of the CLARITY Act, arguing that the industry no longer needs to care about his views.
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Trump Criticizes the U.S. Supreme Court for “Bad Decisions” on Tariffs and Birthright Citizenship
Trump criticized the U.S. Supreme Court for not addressing a program about the "birthright citizenship scam," saying this has allowed the scam to persist. He also accused the court of failing on tariff issues, which he said has caused massive economic losses. He urged the court to use common sense and make wise decisions in the national interest.
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Osmosis Update: Cosmos Hub Proposal—Cancel New ATOM Minting and Switch to Market Buybacks
Osmosis DEX updated a Cosmos Hub proposal, deciding not to mint additional ATOM anymore, but instead to gradually acquire the required ATOM through market purchases for OSMO/ATOM conversions. The capped amount is less than 2.5% of the total ATOM supply. It has now entered the governance discussion stage; if the proposal is approved, it will achieve liquidity and governance integration.
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OSMO3.19%
ATOM2.42%
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Circle L1 区块链 Arc 推出 Arc House 及 Architects 社区计划
Circle L1 blockchain Arc launched Arc House and the Architects plan on April 6. Arc House offers multiple features, covering education, events, and community showcases. The Architects plan, meanwhile, rewards users who contribute through a points system, providing promotions, badges, and exclusive benefits.
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The Korean KOSPI index has risen above 5,500 points, while the Nikkei 225 index has touched 54,000 points
Gate News update, on April 6, the South Korean KOSPI index (Korea Composite Stock Price Index) rose above 5,500 points, up 2.28% during the day. The Nikkei 225 index (Japan stock market benchmark index) climbed to 54,000 points, up 1.68% during the day.
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WTI crude oil falls back below $110 per barrel, down 2.06% on the day
Gate News, April 6, according to Gate data, WTI crude oil (West Texas Intermediate) prices have fallen back to below $110 per barrel, with a daily decline of 2.06%.
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Good brother Majie, Huang Licheng closed his BTC and HYPE long positions, and his trading win rate over the past week has reached 80%.
Buddy Big Brother Huang Licheng has closed out all his BTC and HYPE long positions. He still holds a 25x leveraged long position with 8,200 ETH. His liquidation price is $2,002, with an unrealized profit of $465k. He has placed 33 ETH limit sell orders in the $2,141–$2,200 range. In the past week, he has closed 10 positions in total, winning 8 of them, for a win rate of 80%.
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BTC3.43%
HYPE3.94%
ETH4.67%
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Arc releases a quantum-resistant design and roadmap, laying the groundwork for blockchain security in the post-quantum era
Circle L1 blockchain Arc releases quantum-resistant design and a roadmap, aimed at defending against threats posed by quantum computing and ensuring blockchain security. The roadmap covers quantum-resistant wallet signing, private state protection, and infrastructure upgrades, supporting user choice and compatibility with the EVM ecosystem.
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ETHGlobal announces the list of projects selected for the Cannes finals
Gate News message, April 6, ETHGlobal announced the list of projects advancing to the Cannes finals. The projects advancing include: ENShell, DIVE, maki, Défi, ALMA, npmguard, VEIL VPN, PaintGlobal, EVM PORST, and Corpus, for a total of 10 projects reaching the finals.
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