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.
Gate Daily Report (April 1): Bitfarms plans to sell $161 million worth of Bitcoin; Tether lays off a senior gold trader

Gate Daily Report (April 1): Bitfarms plans to sell $161 million worth of Bitcoin; Tether lays off a senior gold trader

Bitcoin (BTC) was flat at $68,060 on April 1, and U.S. President Trump said he will end the Iran war. The Bitcoin miner Bitfarms plans to change its name to Keel and sell $161 million worth of Bitcoin. Stablecoin issuer Tether fired two precious-metals traders. U.S. stocks rebounded, and all three major indexes hit new highs. Market sentiment fluctuated with news of the Iran war, so it’s necessary to carefully control investment risk.

New Hampshire issues $100 million in bitcoin-backed municipal bonds, rated Ba2 by Moody's

New Hampshire plans to issue $100 million in Bitcoin-backed municipal bonds, which have already received a Moody’s Ba2 rating, marking the convergence of traditional municipal bonds and high-volatility crypto assets. The bond uses Bitcoin income as the sole repayment source and includes downside protection provisions. While this innovation offers the potential for higher returns, it also faces the risk of Bitcoin price volatility, and no issuance date has been announced yet.

Magic Eden wallet shuts down trading services, fully ceases operations on May 1

The NFT marketplace Magic Eden announced that its native crypto wallet will enter “withdraw-only” mode starting April 1, and will fully stop operating on May 1. Users must withdraw their private keys or seed phrases before May 1; otherwise, they will permanently lose their assets. The wallet has been delisted and cannot be downloaded again. This shutdown is part of Magic Eden’s business transformation, shifting its focus toward crypto entertainment. The ME token incentive program is not affected, but the price is near its historical low.

Why is Bitcoin up today? Trump’s move to withdraw from Iran within 2 to 3 weeks sparks a rebound

U.S. President Trump announced that he would withdraw from Iran within 2 to 3 weeks, prompting a short-term bounce in Bitcoin and a rebound in market risk appetite. However, Bitcoin faces the risk of falling for the sixth consecutive month; if this month’s close is below $67,300, it would further confirm downward pressure. Analysts noted that there are three possible market scenarios ahead, and it is necessary to closely watch how the outlook develops.

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Vitalik again offloads Meme coins, spending $200,000 to buy Swiss franc stablecoins

Ethereum co-founder Vitalik Buterin recently sold Meme coins he was about to gift in exchange for 14.5 ETH, and converted 197,944 USDC into the Swiss franc stablecoin ZCHF. This move reflects his typical operating pattern targeting Meme coins and may also be a hedge against USD risk. Additionally, he also conducts private transfers through Railgun, supporting the development of financial privacy technologies.
ETH1,68%
MarketWhisper·10m ago
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European Banks Form Qivalis Consortium to Launch Euro Stablecoin amid Digital Sovereignty Push

A consortium of 12 major European banks including ING, UniCredit, and BBVA is developing a MiCA-compliant euro stablecoin through Qivalis, aiming to close the gap between the euro’s 20–25% share of traditional global finance and its near-absence on blockchain networks, where euro-denominated transactions account for approximately 0.2% of activity.
CryptopulseElite·11m ago
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Claude Code source code leaked, Anthropic DMCA takedown of 8,100 GitHub repositories

Anthropic confirmed on March 31 that the npm package of the Claude Code CLI tool leaked about 512,000 lines of source code due to a publishing error, affecting 8,100 repositories. The leak came from a Source Map file generated by the Bun bundling tool that was not disabled, allowing developers to easily obtain the full code. This incident did not involve sensitive data, but it sparked external questions about Anthropic’s release standards.
MarketWhisper·19m ago
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Buffett Warns That Vulnerabilities Are Rising in Banking Systems, More Concerned About the Dollar’s Standing Than the Recession

Buffett warned, during an interview, about the fragility of the financial system—especially that the close link between the banking industry and non-bank institutions could trigger risk. He expressed concern about the U.S. dollar’s role as the world’s reserve currency, and emphasized the importance of maintaining stability in the financial system. He said that Berkshire will make investments when the market experiences a major downturn in the future, and that it will continue to hold cash in reserve for the right moment.
MarketWhisper·28m ago
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Vitalik Buterin sells the tokens he was gifted again, bringing in 17.26 ETH

Vitalik Buterin sold tokens he received for free, earning 17.26 ETH (about $36,000). This highlights his strategy of managing his crypto holdings rather than holding tokens long-term. Such actions draw market attention, reflecting a preference for liquidity and potential asset restructuring, though the details of the sold tokens remain unclear.
ETH1,68%
TapChiBitcoin·34m ago

Chainalysis launches its Blockchain Intelligence Agent for summer, focusing on investigation and compliance use cases

Chainalysis announced at a conference held in New York that it will roll out “blockchain intelligent agents” in stages during the summer, with the goal of improving investigation and compliance efficiency. Unlike general AI tools, this agent can proactively carry out investigative workflows, focusing on suspicious fund flows and customer risk screening. This move reflects the entry of the fight against crypto crime into the AI era, and shows that the entire industry is rapidly transforming to meet the growing need to respond to an increasing number of ransomware attacks.
MarketWhisper·39m ago
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Peter Schiff Warns US Dollar Credibility Collapse as Gold Surges Above $4,700

Economist and gold advocate Peter Schiff warned on April 1, 2026 that diminishing US credibility and accelerating de-dollarization could trigger higher interest rates, rising debt, persistent inflation, and recession, as gold surged above $4,700 per ounce following a 15% rally in just over one week.
CryptopulseElite·44m ago
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BitOK publishes analysis of fund flows following the Solv Protocol exploit

This publication is provided by the client. The text below is a paid press release that is not part of Cointelegraph.com independent editorial content. The text has undergone editorial review to ensure quality and relevance, it may not reflect the views and opinions of Cointelegraph.com. Readers
SOLV13,94%
WBTC0,75%
Cointelegraph·1h ago

Analyst: Bitcoin supply structure is “changing hands”; whales and corporate trading are decoupling

XWIN Research’s analysis indicates that Bitcoin underwent a structural supply shift in the first quarter of 2026, with an increase in the exchange whale ratio. This suggests that large holders are selling Bitcoin, while publicly listed companies such as MicroStrategy have net-bought 62,000 Bitcoins. The market shows a dual trend of exchange whales and corporate accumulation: supply has shifted from early investors to companies’ balance sheets, and market liquidity has not improved significantly.
MarketWhisper·1h ago
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Ripple partners with Convera’s former Western Union division to enable stablecoin bridging for cross-border payments across 140 currencies.

Ripple Labs and Convera announced a partnership to improve global payment efficiency through a “stablecoin sandwich” model. Businesses can use fiat currency and stablecoins for cross-border payments without directly managing digital assets. This collaboration is intended to speed up settlement, reduce costs, and maintain compliance, helping companies make multi-currency payments in 200 countries. Ripple is also carrying out other expansion plans in Singapore.
XRP1,5%
MarketWhisper·1h ago
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