Analysis indicates that addresses holding 59% of the circulating supply transferred 23% of NOM within the past hour, causing its price to drop by 25%. This address cluster may be the market maker driving NOM’s recent rally.

Trident Digital Tech Holdings has partnered with Ripple Strategy Holding. Ripple will provide stablecoin technology to support Trident’s expansion across Africa. It plans to build a blockchain tax system for 2.1 million small and mid-sized businesses in Ghana, and to set up an RLUSD/GHS liquidity pool to enable low-cost cross-border payments.

Gate News announcement, April 10, the whale “sets 10 big targets first” (social media account @Jason60704294) has updated its latest positions. Currently, total unrealized profit is $644k. The specific holdings include: BTC short positions of 2567.49 units, entry price $71,554.61, unrealized loss of $644k; ETH short positions of 38,465.22 units, entry price $2,248.74, unrealized profit of $1.37M.

Gate News message, on April 10, the head of digital assets at Morgan Stanley said that the bank’s newly launched Bitcoin ETF (exchange-traded fund) delivered the best first-day trading performance among all the bank’s ETF products. In addition, the executive disclosed that Morgan Stanley is preparing additional crypto-related products.

WLFI’s official response to market concerns says there is no liquidation risk, and that it relies on adding collateral to handle market volatility. Current annualized revenue is about $159.5 million, and it is set to buy back 435 million WLFI tokens. Next week, it will put forward a governance proposal to discuss unlocking early locked tokens and upgrading the USD1 feature.

Crypto analyst Ali Martinez says that current market volatility could provide cycle-level get on board opportunities, and has set multiple key price ranges based on on-chain data. The main support band is $63,111 to $70,685; if it breaks below, it could lead to a liquidity vacuum. In the long term, BTC is approaching its historical uptrend line, and it’s recommended to accumulate in batches.

Gate News message: According to Gate’s official announcement, Gate’s stock section has launched pre-IPO SPACEX perpetual contract trading, with USDT settlement. This contract supports 1–10x long and short operations, and the leverage ratio can be selected by the user at the time of placing the order. SpaceX was founded by Elon Musk in 2002 and is the world’s largest commercial aerospace company. This contract is set up based on SpaceX’s current pre-IPO stage, and is intended to provide market-based valuation and price discovery for its stock. The valuation unit is 1 billion; for example, if SpaceX’s company valuation is 800 billion USD, then 1 SPACEX is priced at 800 USD.

According to Hyperinsight monitoring, the whale address starting with 0xe84 opened a 40x leveraged BTC long position on April 9, with a trade size of $3.55 million. The opening average price was $70,965. Currently, it has set sell orders totaling $1.94 million to take partial stop-losses.

Circle launched the Circle Payments Network (CPN) managed payment solution on April 8 to provide stablecoin settlement services for financial institutions, simplify fiat interactions, and handle crypto operations. The first set of partners includes Thunes and Worldline, and monthly trading volume for USDC has already surpassed USDT.

Gate News message, April 9, according to a report by CoinDesk, South Korea’s ruling party has proposed a “Basic Act on Digital Assets,” aiming to establish a comprehensive legal framework covering issuance, trading, custody, and regulation. The bill would classify digital assets such as stablecoins—those pegged to fiat currencies or real-world assets—as a special category, requiring issuers to obtain licenses and meet requirements including capital, reserves, and redemption. The bill also plans to introduce a licensing and information disclosure system, clearly prohibiting market manipulation and insider trading, and intends to set up a Digital Assets Committee to coordinate regulatory oversight.