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.

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Genius 70% Airdrop Sparks Controversy, Adds Refunds to Resolve the Issue

The airdrop program launched by Genius has sparked controversy, and on April 13 it added a refund feature that allows users to burn their allocated airdrop shares within 48 hours after the TGE in order to receive a net-fee refund. The original rules required instant claimers to burn 70% of the tokens, which led to widespread community dissatisfaction and criticism that it was a rule reversal. Users have expressed strong outrage over the unfair cost calculations and potential losses.
MarketWhisper·2m ago
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Tom Lee says US stocks may have already hit bottom, and Bitmine is supporting the New York Stock Exchange main board listing with a 4 billion yuan backstop

Bitmine rose to the NYSE main board on April 13 and increased its share repurchase authorization from $1 billion to $4 billion to support its stock price. Chairman Tom Lee said that U.S. stocks may have already bottomed out because the Iran-Iraq ceasefire agreement eased geopolitical risks and because the fundamentals of ether (ETH) have improved. Bitmine holds about 4.8 million ETH, and each 1% increase brings roughly $100 million in asset appreciation.
ETH-1,07%
MarketWhisper·11m ago
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NXC trims bitcoin and ethereum, sells its stake in two major crypto exchanges

Korean game company NXC is scaling back its crypto assets. As of the end of 2025, its total size was 147.6 billion won, and it sold Bitstamp and plans to exit Korbit. This move reflects NXC shifting toward European industrial investment, with its business becoming more diversified. Revenue growth in 2025 was strong, but net profit fell sharply, mainly due to a lack of non-recurring gains.
ETH-1,07%
MarketWhisper·27m ago
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Sam Altman’s $27 million mansion was attacked with Molotov cocktails and gunfire; three suspects were arrested

OpenAI CEO Sam Altman’s San Francisco residence was recently hit by two attacks, and the suspects have been arrested. The first occurred on April 10, when a man from Texas threw a Molotov cocktail and threatened the OpenAI headquarters; the second took place on April 12, when another pair of men and women fired shots from a vehicle. Altman called for reducing confrontation levels and improving security awareness among technology executives.
MarketWhisper·33m ago
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An open-source AI agent, Hermes Agent, is launched, with long-term memory and can replace OpenClaw.

Nous Research releases the open-source AI Agent framework Hermes Agent, featuring a long-term memory mechanism based on SQLite and a self-evolving architecture, and supporting one-click migration of OpenClaw's memories and skills. The installation process includes nine steps to ensure safety, and it can be run in an isolated environment via Docker. In addition, Hermes Agent supports local model deployment, making it suitable for users who prioritize data privacy.
MarketWhisper·41m ago
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Legal risk looms as Justin Sun targets WLFI after threat of suit

Justin Sun, the founder of the Tron ecosystem, has publicly criticized World Liberty Financial (WLFI), a decentralized finance project co-founded by Donald Trump’s sons, over what he describes as opaque and rushed governance processes tied to WLFI’s governance token lock-up. Sun, who says he
CryptoBreaking·1h ago

Bitcoin Price Signals Short Squeeze as Open Interest Nears $25B

Bitcoin is set for a potential short squeeze as on-chain indicators illuminate a crowded setup against a backdrop of rising open interest and persistently negative funding rates. After BTC briefly breached $73,000 last Friday, traders are watching how leveraged shorts might be forced to cover as fun
BTC-0,91%
CryptoBreaking·1h ago

Fed Rate Cut News: 43% Chance of December Cut After Iran Ceasefire

Softer core inflation and a US-Iran ceasefire have pushed the probability of a December 2026 Fed rate cut to roughly 43%, marking the biggest single-week shift in expectations this year. The updated rate cut news has Wall Street split — Citigroup expects three cuts, JPMorgan predicts none.
BTC-0,91%
MarketWhisper·1h ago
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U.S. Central Command blocks Iranian ports: oil prices surge to $105, while Bitcoin slips to $71,000

U.S. Central Command confirms that, starting April 13, it will impose a maritime blockade on Iranian ports, while international shipping through the Strait of Hormuz is not affected. WTI crude oil prices break above $105, and Bitcoin falls back to around $71,000, with global energy and crypto asset markets responding in sync.
BTC-0,91%
ETH-1,07%
GateInstantTrends·1h ago
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Adam Back appears to be suspected of profiting from Satoshi Nakamoto’s hype to hype up BSTR’s listing, and analysts say it’s zero-cost promotion.

Blockstream CEO Adam Back, reported by The New York Times, is viewed as a potential Satoshi Nakamoto candidate, drawing attention and raising questions. He proactively cooperated with a photo shoot, at a sensitive time when his Bitcoin treasury company BSTR is undergoing a SPAC merger for a public listing. Industry analysts believe that the continuation of this topic will give BSTR a huge opportunity for brand exposure. BSTR plans to merge with Cantor Equity Partners I to build the world’s largest bitcoin vault, but it still needs to pass SEC review and receive shareholder approval.
MarketWhisper·2h ago
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Gen Z Thinks AI Is Rotting Their Brains, But Can't Stop Using It: Survey

In brief A study by Gallup found Gen Z uses AI more but trusts it less. Fear of cognitive decline and dependency has grown among youngsters. Workplace anxiety intensifies as AI threatens careers. Gen Z increasingly hates AI, but they also can’t stop using it, according to a new Gallup
Decrypt·2h ago

Michael Saylor hints that Strategy will soon purchase more Bitcoin

Michael Saylor shared a Strategy Bitcoin purchase history chart on the X platform, indicating that it will once again increase its holdings of Bitcoin. Despite the company’s current book loss of $14.5 billion, it still adheres to its long-term allocation strategy, believing that Bitcoin has become a digital reserve for institutional capital. In addition, Saylor’s Sunday chart posting has become an industry-recognized buy-the-dip precursor signal.
BTC-0,91%
MarketWhisper·2h ago
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SIM card swap attack steals $24 million! A 21-year-old suspect empties a crypto investor’s account

A 21-year-old Manhattan resident, Nicholas Truglia, faces 21 counts of felony charges for carrying out a SIM card swap attack that stole more than $23 million in assets from cryptocurrency investor Michael Terpin. This case highlights vulnerabilities in phone-number-based verification mechanisms, sparking discussions in the crypto community about the need for stronger security solutions and driving adoption of safer verification methods such as hardware security keys.
MarketWhisper·2h ago
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