Gate Crypto Flash News and Market Updates

StarkWare announced on April 7 that Starknet is entering its fourth phase, aiming to improve network speed, decentralization, and privacy. New features include support for the STRK20 framework for ERC20 privacy, the strkBTC asset for redeemable Bitcoin, decentralized block validation, and progress toward full decentralization of the network. In addition, Starknet is also researching Bitcoin bridging solutions and promoting DeFi development, working toward achieving comprehensive quantum security.

JPMorgan Chase CEO Jamie Dimon said in his letter to shareholders that artificial intelligence will rapidly reshape the banking industry, with an expected investment of $19.8 billion in 2026. Although it will replace some jobs, it will also create new opportunities. Dimon reminded people to be wary of the risks brought by AI and emphasized the importance of appropriate regulation.

The U.S.-Iran war triggers a global economic shock, facing six major crises: food supply, the bond market, private credit, subprime loan defaults, inflation, and the aluminum industry. Analysts warn that it may threaten the stability of financial markets, determining whether a ceasefire can be reached.

Bitcoin miner MARA recently moved about 250 BTC, reflecting a shift in its financial strategy toward more proactive management, which could affect market sentiment and the price of Bitcoin. Large capital movements by miners are viewed as a sell signal, increasing market volatility; investors should watch how this trend impacts the market.

Deepfake AI is seriously threatening banks and KYC systems at crypto platforms, as attackers use tools that combine deepfakes and voice cloning to bypass identity verification. Financial experts recommend building a layered defense system to keep up with continuously evolving fraud tactics and protect digital identity security.

Gate News message, April 7, Arkham monitoring shows that the exploiter behind the Drift protocol has just transferred $14.8k worth of SOL to a new wallet.

Gate News message: On April 7, the credit protocol Grove announced that its TVL has risen to $3.0 billion. Previously, in June 2025, Grove received a $1.0 billion grant from Sky to advance its RWA (real-world assets) business.

Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.

A Bitcoin whale recently transferred more than $20 million worth of BTC to a major exchange platform, drawing market attention. Despite the current decline in market price, the whale’s transfer may indicate a potential sell-off. Investors should watch market developments and on-chain data to assess future trends and risks.

Broadridge Financial Solutions chooses Avalanche to build an on-chain shareholder voting system, improving voting efficiency and transparency and attracting more retail investors to participate. The first case will go live at Galaxy Digital’s annual shareholder meeting, marking the beginning of fully on-chain voting for shareholders of U.S. listed companies. The system also supports the integration of traditional and digital assets, advancing blockchain’s application in the financial sector.

Gate News update. On April 7, according to monitoring by The Data Nerd, 5 hours ago, a large ONDO whale deposited 2 million ONDO to a CEX, worth about $506k. Last month, the whale received 21.71 million ONDO, worth about $5.98 million, and deposited 5.5 million ONDO worth about $1.5 million into a CEX.

Gate News message: On April 7, spot gold broke through 4680 USD per ounce, up 0.66% intraday.

On-chain data shows that the whale starting with 0x06a completed the second round of GOLD long positions between April 6 and 7. Its position size increased to $13.20 million, with an average entry price of $4,677. It is currently down slightly by about $43k. This address previously opened GOLD long positions with a $10.30 million size, realized a profit of $417k, and then closed the positions.

Gate News message, April 7, according to Polymarket’s latest data, the probabilities that the market is betting on for StandX to have FDV over $200 million on the next day after launch are 35%, over $400 million are 14%, and over $800 million are 11%. Currently, the total trading volume of this prediction market is over $1.29 million.

The Russian central bank has launched a digital ruble to ease economic troubles, but public acceptance is low, with 51% of people unwilling to try it. The central bank plans to require businesses to provide CBDC services, aiming to improve fiscal transparency and crack down on corruption. Although the digital ruble has potential in cross-border trade, its appeal for everyday consumption still isn’t enough. Successful rollout depends on public and business acceptance.

Gate News update: On April 7, the People’s Bank of China reported that its gold reserves at the end of March were 74.38 million ounces (about 2,313.48 tons), up 160k ounces (about 4.98 tons) month-over-month. Gold reserves at the end of February were 74.22 million ounces (about 2,308.5 tons). This is the 17th consecutive month that the People’s Bank of China has added to its gold holdings.

Bitcoin traders are watching U.S. President Trump’s final ultimatum to Iran, and market sentiment is tense as the price of Bitcoin moves around the $68,000 mark. Despite a quick rebound after the selloff, investors need to monitor changes in the geopolitical situation and their impact on Bitcoin.

Gate News message, April 7, UBS lowered its forecast for the gold price at the end of June to $5,200 per ounce. UBS said the cut was due to cooling investor demand for gold as market volatility intensified.

Sam Altman was compared to SBF and Bernie Madoff in a New Yorker investigative piece, leading to a trust crisis as Worldcoin’s price fell 2.9%. Altman’s integrity has been called into question, affecting investor confidence. OpenAI governance issues have also added to market unease, so WLD holders need to closely monitor how events unfold.