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Bitcoin Hovers Near $75K as Whales Accumulate 270K BTC Over 30 Days, Largest Since 2013
Bitcoin nears $75,000, driven by significant whale accumulation of 270,000 BTC and low exchange reserves. Despite fluctuations and negative funding rates, it rebounded after geopolitical news, with futures inflows increasing since March.
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BTC0,61%
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Zonda CEO Reveals 4,503 BTC Cold Wallet Inaccessible as Founder Remains Missing Since 2022
Zonda, a Polish cryptocurrency exchange, faces a crisis as its cold wallet containing 4,503 Bitcoin is inaccessible, prompting a surge in withdrawal requests. CEO Kral claims the private key was never transferred during the company's takeover, and authorities are investigating the situation amid bankruptcy fears.
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Sweat Economy Secures Movement Verification Patent in Nigeria, Applies for European Patents
Sweat Economy has received a patent for its movement verification system in Nigeria, enhancing its M2E ecosystem on NEAR Protocol. The company validates user activity through its Sweatcoin app, allowing users to earn $SWEAT tokens. This approval boosts confidence in its technology and supports further patent applications in Europe.
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SWEAT-2,12%
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MTN Nigeria Suspends Xtratime Airtime and Data Borrowing Service to Comply with Digital Lending Regulations
MTN Nigeria has suspended its Xtratime service due to new regulatory compliance from the FCCPC. While normal purchases continue, the suspension aims to align with upcoming digital lending rules. The company does not foresee significant financial impact and will monitor user response.
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Drift Protocol Switches From USDC to USDT, Secures $127.5M Recovery Support From Tether
Drift Protocol announced a recovery plan backed by $150 million after a $280 million exploit, transitioning from USDC to USDT, impacting 128,000 users. The plan links user balance restoration to ongoing trading, following criticism of Circle's response to the hack.
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DRIFT19,37%
USDC-0,01%
DEFI-7,92%
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Netflix Co-Founder Reed Hastings Steps Down From Board, Won't Seek Re-Election in June
Netflix co-founder Reed Hastings will not seek re-election to the board when his term ends in June, marking a significant transition for the company he led. Under his guidance, Netflix evolved into a leading media powerhouse, innovating in streaming and original content. Hastings emphasized his focus on member joy and a lasting culture at Netflix.
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Meta Announces New AI Product Group to Integrate Chatbots into WhatsApp and Instagram
Meta is launching a product group focused on generative AI to enhance services like WhatsApp and Instagram. Under Ahmad Al-Dahle, the initiative will start with AI chatbots and evolve into AI personas, aiming to compete with other tech giants.
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Prediction Markets Market Share Distribution Revealed, Kalshi Leads at 37.8%
Gate News message, latest data shows the market share distribution among prediction market platforms. Kalshi leads with 37.8% market share, followed by Polymarket at 35.3%. Opinion Labs xyz holds 14.4%, Predict dot fun accounts for 8.5%, and Crypto Com represents 2.5% of the market.
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EU Commission Orders Google to Open Search Data Access to Competitors and AI Services
The European Commission has mandated Google to provide competing search engines and AI services with access to its search data to enhance competition, despite Google's objections regarding privacy concerns. A final ruling is expected by July 2026.
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Dogecoin Whale Accumulates $294M DOGE in Hours, Exchange Outflows Spark 4/20 Rally Speculation
A new wallet has amassed over 3 billion DOGE, drawing attention to increased activity despite stable prices. Large transfers from Robinhood-linked wallets indicate a shift to long-term holding, possibly reducing sell pressure ahead of April 20 price movements.
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Nomura Survey: 80% of Institutional Investors Willing to Allocate 2-5% to Cryptocurrencies
A Nomura survey reveals 80% of institutional investors aim to invest 2-5% in cryptocurrencies, favoring yield strategies like staking and lending. Regulatory clarity and risk management are key to boosting institutional interest in digital assets.
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Stablecoin Market Hits $322B ATH, Q1 2026 Trading Volume Reaches $8.3 Trillion
The stablecoin market experienced significant growth, surging $2.25 billion to reach $322 billion, despite a broader crypto market contraction. USDC saw a substantial supply increase, while USDT maintained its market share. Yield-bearing stablecoins contributed notably to this growth, with transaction activity hitting an all-time high.
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Lido's LDO Token Surges 30% in Monthly Rally as DAO Approves $20M Buyback Program
Lido's governance token LDO has gained 30% in 30 days, driven by a $20 million buyback program, while major DeFi competitors declined. Despite the rally, LDO remains down 94% from its peak.
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LDO17,58%
STETH-0,07%
AAVE9,93%
UNI6,75%
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XRP Trading Volume Surges to $1.81B in Single Session, Holds Above $1.43
XRP trading volume reached $1.81 billion, driven by futures at $1.47 billion and spot trading at $341 million. Currently priced at $1.43, XRP is above the 200-day EMA, signaling bullish momentum and increased market participation.
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TSMC Reports 58% Profit Surge in Q1 2026, Driven by AI Chip Demand
TSMC reported a net profit of NT$572.5 billion for Q1 2026, a 58% increase year-over-year. The company expects over 30% revenue growth and is investing significantly in new facilities to meet high AI chip demand amid geopolitical concerns.
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Sky Deploys USDS and sUSDS Natively on Avalanche via Skylink Bridge
Sky, the decentralized finance protocol formerly known as MakerDAO, launched its stablecoin USDS and yield-bearing sUSDS on Avalanche via Skylink, a unique crosschain bridge. The bridge began with a 5 million daily transfer cap, expected to increase by April 27.
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USDS0,01%
AVAX2,84%
ETH-0,03%
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Ethereum Korea Consortium Launches to Build Collaborative Blockchain Ecosystem
The Ethereum Korea Consortium launched on April 16 to shift South Korea's Ethereum focus from consumption to contributions, addressing challenges like market structure and regulatory issues. The initiative aims to enhance development and create a supportive ecosystem.
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TradFi Rise Alert: RKLB (Rocket Lab Corp) Rises Over 12%
Gate News: According to the latest Gate TradFi data, RKLB (Rocket Lab Corp) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
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Traditional Brokerage to Launch Spot Bitcoin and Ethereum Trading in Coming Weeks at 0.75% Fee
A traditional brokerage is set to launch spot cryptocurrency trading for retail clients, offering Bitcoin and Ethereum access. The service will include multiple trading platforms, a 0.75% fee, and additional crypto assets planned for the future, reflecting a trend of traditional finance entering the crypto space.
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BTC0,61%
ETH-0,03%
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