Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily Report (April 1): Bitfarms plans to sell $161 million worth of Bitcoin; Tether lays off a senior gold trader

Gate Daily Report (April 1): Bitfarms plans to sell $161 million worth of Bitcoin; Tether lays off a senior gold trader

Bitcoin (BTC) was flat at $68,060 on April 1, and U.S. President Trump said he will end the Iran war. The Bitcoin miner Bitfarms plans to change its name to Keel and sell $161 million worth of Bitcoin. Stablecoin issuer Tether fired two precious-metals traders. U.S. stocks rebounded, and all three major indexes hit new highs. Market sentiment fluctuated with news of the Iran war, so it’s necessary to carefully control investment risk.

New Hampshire issues $100 million in bitcoin-backed municipal bonds, rated Ba2 by Moody's

New Hampshire plans to issue $100 million in Bitcoin-backed municipal bonds, which have already received a Moody’s Ba2 rating, marking the convergence of traditional municipal bonds and high-volatility crypto assets. The bond uses Bitcoin income as the sole repayment source and includes downside protection provisions. While this innovation offers the potential for higher returns, it also faces the risk of Bitcoin price volatility, and no issuance date has been announced yet.

Magic Eden wallet shuts down trading services, fully ceases operations on May 1

The NFT marketplace Magic Eden announced that its native crypto wallet will enter “withdraw-only” mode starting April 1, and will fully stop operating on May 1. Users must withdraw their private keys or seed phrases before May 1; otherwise, they will permanently lose their assets. The wallet has been delisted and cannot be downloaded again. This shutdown is part of Magic Eden’s business transformation, shifting its focus toward crypto entertainment. The ME token incentive program is not affected, but the price is near its historical low.

Why is Bitcoin up today? Trump’s move to withdraw from Iran within 2 to 3 weeks sparks a rebound

U.S. President Trump announced that he would withdraw from Iran within 2 to 3 weeks, prompting a short-term bounce in Bitcoin and a rebound in market risk appetite. However, Bitcoin faces the risk of falling for the sixth consecutive month; if this month’s close is below $67,300, it would further confirm downward pressure. Analysts noted that there are three possible market scenarios ahead, and it is necessary to closely watch how the outlook develops.

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Researchers say quantum computers could, in theory, be ready by 2030

Researchers at the California Institute of Technology theorize that a functional quantum computer may require far fewer qubits than previously thought, making it feasible for the first quantum computer to be deployed before the end of the decade.  Caltech researchers, working with a
Cointelegraph·9m ago

Bitcoin quantum threat accelerates, Satoshi Nakamoto’s 2010 transition plan draws renewed attention

Satoshi Nakamoto proposed in 2010 that when Bitcoin faces threats from quantum computers, it should respond by using a method of progressively upgrading digital signature algorithms, pointing out that its design includes room for future technological evolution. Recently, Google research showed that the time it would take quantum computers to crack Bitcoin may come earlier; major public chains such as Bitcoin and Ethereum have already started deploying post-quantum upgrade plans, indicating that they are taking quantum risks seriously and preparing to address them.
MarketWhisper·1h ago
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Ripple Partners with Convera to Enable Stablecoin-Powered Cross-Border Payments

Ripple Labs and Convera, the commercial payments firm formerly known as Western Union Business Solutions, announced on March 31, 2026 a partnership to enhance global payments through stablecoin and blockchain infrastructure, utilizing a “stablecoin sandwich” model where payments begin and end in fiat while leveraging regulated stablecoins for settlement in between.
XRP1,05%
GFI-0,16%
CryptopulseElite·1h ago
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Vitalik again offloads Meme coins, spending $200,000 to buy Swiss franc stablecoins

Ethereum co-founder Vitalik Buterin recently sold Meme coins he was about to gift in exchange for 14.5 ETH, and converted 197,944 USDC into the Swiss franc stablecoin ZCHF. This move reflects his typical operating pattern targeting Meme coins and may also be a hedge against USD risk. Additionally, he also conducts private transfers through Railgun, supporting the development of financial privacy technologies.
ETH2,47%
MarketWhisper·1h ago
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European Banks Form Qivalis Consortium to Launch Euro Stablecoin amid Digital Sovereignty Push

A consortium of 12 major European banks including ING, UniCredit, and BBVA is developing a MiCA-compliant euro stablecoin through Qivalis, aiming to close the gap between the euro’s 20–25% share of traditional global finance and its near-absence on blockchain networks, where euro-denominated transactions account for approximately 0.2% of activity.
CryptopulseElite·1h ago
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Claude Code source code leaked, Anthropic DMCA takedown of 8,100 GitHub repositories

Anthropic confirmed on March 31 that the npm package of the Claude Code CLI tool leaked about 512,000 lines of source code due to a publishing error, affecting 8,100 repositories. The leak came from a Source Map file generated by the Bun bundling tool that was not disabled, allowing developers to easily obtain the full code. This incident did not involve sensitive data, but it sparked external questions about Anthropic’s release standards.
MarketWhisper·1h ago
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