Gate Crypto Flash News and Market Updates

Crypto hedge funds are diversifying into traditional commodities and equity indices, indicating that crypto trading infrastructure is merging with mainstream finance, as reported by Bloomberg.

A White House report argues against banning stablecoin yields, highlighting minimal benefits for bank lending and reduced consumer earnings. Key officials support the CLARITY Act, but the Senate Banking Committee's timeline remains uncertain, affecting the bill's chances before summer recess.

Tether Investments participated in a $134 million funding round for Stablecoin Development Corporation, aimed at enhancing stablecoin infrastructure. Global stablecoin circulation has surpassed $300 billion, with Tether's USDT user base reaching 570 million.

Iran's Foreign Ministry asserts that its rights under international law, especially concerning peaceful nuclear energy use, are non-negotiable. While open to dialogue on uranium enrichment levels, Iran insists on maintaining its enrichment capabilities.

Hedge funds are increasingly investing in energy stocks amid ongoing U.S.-Iran tensions, with long positions rising over 10% since February. Energy stocks have seen a 22% year-to-date surge, driven by rising oil prices, as funds boost their holdings.

Iran is set to host a Pakistani delegation on April 16 for continued bilateral negotiations, as confirmed by Iran's Foreign Ministry, indicating ongoing diplomatic relations between the two countries.

Bitcoin's recent rise to mid-$74,000 followed a risk asset rally linked to a U.S.-Iran nuclear framework, but skepticism remains due to flat Treasury yields and unchanged gold prices. The core issue of uranium enrichment persists, and while on-chain data shows BTC's gradual advance, options markets reflect doubts about a sustained breakout. Overall, analysts see the rally as temporary, with macro conditions still tight and potential downside risks.

Gate News message, the Royal Government of Bhutan transferred 250 BTC valued at $18.46M. The transaction was conducted for selling purposes.

Thailand has implemented a lottery conscription system for men over 21 who do not enlist voluntarily, amid ongoing tensions with Cambodia. Participants draw cards to determine if they face two years of military service, with reactions ranging from joy to despair. Meanwhile, the UK and US are revising military personnel policies, but without full conscription.

International oil prices rose significantly due to heightened geopolitical tensions in the Middle East, with WTI crude up 1.97% and Brent crude up 2.00% amid Iranian threats to U.S. maritime actions.

A fraudulent Ledger Live app on Apple's App Store stole $9.5 million from over 50 users by compromising wallet information. The incident, involving significant losses for major investors, raises concerns about App Store security, prompting discussions of a possible lawsuit against Apple.

In a Fox Business News interview, President Trump expressed optimism about resolving the Iran conflict soon, emphasizing that the U.S. will not agree to terms if Iran seeks nuclear weapons development.

A European financial institution has integrated its bank-issued stablecoin USDCV into MetaMask, enabling users to hold and use the dollar-backed digital asset within the wallet, reflecting the growing collaboration between traditional finance and crypto.

Erdogan criticized Israel's strikes on Lebanon, hindering peace efforts, and highlighted the U.S.-Iran ceasefire as an opportunity for negotiations. He remains optimistic about resolving disputes through diplomacy and aims to mediate to prolong the ceasefire.

Cardano (ADA) is at a crucial support level of $0.243, with potential gains to $0.30 if it holds. A daily close below this could lead to declines toward $0.10. Currently, trading volume is around $500 million, with ADA notably below its all-time high.

Dragonfly received 55.8 million LIT tokens from Lighter, which will be locked for one year and vested over three years post-TGE, with the first unlock on December 30, 2026.

The SEC approved FINRA's proposal to eliminate the Pattern Day Trader rule, removing the $25,000 minimum balance requirement for retail investors and introducing a risk-based intraday margin model to enhance market liquidity.

Senate Banking Committee Chair Tim Scott has delayed advancing the CLARITY Act due to unresolved issues, including stablecoin disputes and DeFi provisions. With a critical May deadline approaching, the bill's future remains uncertain amid political challenges.

A recent survey reveals a surge in cryptocurrency ownership in Singapore, especially among Gen Z and younger millennials. Overall adoption rose to 32% in 2026, and expectations for Bitcoin's value have shifted, with many forecasting significant price increases by 2030.

STT GDC and SuperX AI Technology have launched an AI Innovation Center in Singapore, allowing enterprises to run AI workloads locally. The facility provides high-performance computing resources, offering a 14-day free trial for users to validate AI models.