Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-04-09
08:01

Hyperliquid’s combined trading volume of its two perpetual contracts for the first time surpassed BTC, reaching $2.45 billion.

Gate News message; on April 9, according to official Hyperliquid data, the combined trading volume of WTI crude oil (U.S. West Texas Intermediate crude oil) and Brent crude oil (Brent crude oil) perpetual contracts surpassed Bitcoin for the first time. The data shows that Bitcoin’s trading volume was $2.29 billion, WTI crude oil’s trading volume was $1.68 billion, and Brent crude oil’s trading volume was $770 million; the combined volume of the two oils reached $2.45 billion.
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BTC0,27%
07:51

Gate will delist trading markets for 30 token assets on April 16. Users can apply for a buyback or transfer to a Web3 wallet.

Gate News, according to Gate’s official announcement, the platform has decided to remove the trading markets for 30 tokens. After the platform’s re-evaluation, these tokens do not meet the criteria for enabling trading, involving tokens such as SHI, ZORO, ORTB, CRE8, ORNJ, LCAT, SOULS, XCAD, BOOM, GAI, TOKE, CLOT, VIVI, MIST, APRS, PSTAKE, LIFE, DEAI, DOMI, DUEL, GEAR, GARI, VISTA, CALCIFY, PIZZA, KOII, PTS, DAOLITY, DMAIL, SEAM, and the corresponding USDT trading pairs. The platform has suspended the deposit service for the related tokens, and will suspend the trading service at 11:00 on April 16, 2026 (UTC+8), including both spot trading pairs and quantitative grid trading. After delisting, users holding positions can withdraw the tokens to the Gate Web3 wallet for storage. In addition, the KOII token cannot be contacted with the project team at this time due to abnormal activity on-chain. The chain withdrawal service for the time being is not supported; it will be restored once security has been confirmed. For any of the related tokens that remain stored on the platform after April 30, 2026, users may submit a form application for buyback between April 30, 2026 and May 7. The platform will conduct the buyback at the specified price, and the maximum compensation amount for individuals is 100 USDT.
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07:41

Hyperliquid’s largest crude oil shorting institution, Abraxas Capital, has earned over $12 million in profit in the past week

According to Hyperinsight monitoring, after the ceasefire news, Abraxas Capital—the largest crude-oil short institution—saw its funds rebound by more than $12 million. It successfully turned a $9.7 million floating loss into a profit, with its current floating profit at $8.7 million. Its position size is $152 million, including short positions in both WTI and Brent crude oil and long positions in the crypto market.
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07:11

Bitcoin Depot was stolen of about 54 BTC, and on-chain investigations show the losses are higher than the official disclosure

On-chain detective ZachXBT revealed that Bitcoin ATM operator Bitcoin Depot discovered about 50.9 BTC were stolen on March 23. The investigation shows the incident actually occurred on March 20; after the funds were transferred out, it was not noticed until about three days later. Potential fund flows involving higher amounts have not yet been identified.
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BTC0,27%
07:07

A giant whale cut losses of $14.10 million, after buying two oil long positions it flipped and opened a short position on WTI crude oil, which has already recorded losses of more than $3.90 million

A whale address closed its long positions in WTICRUDE and BRENTOIL on April 9, incurring losses of over $3.9 million. It then opened a WTICRUDE short position at an average price of $92.3. The current position size is $9.3 million. Its main portfolio allocation spans U.S. stocks, crypto, and commodities, with both unrealized gains and unrealized losses varying.
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BTC0,27%
06:52

One Football (OFC) will be listed on Gate on April 9, and the CandyDrop Airdrop campaign will share 2.5 million OFC

Gate News message, according to Gate’s official announcement, Gate will list One Football (OFC) spot trading on April 9, 2026 at 18:00 (UTC+8). OFC flash exchange trading will begin on the same day at 19:00 (UTC+8), and the withdrawal function is expected to be launched on April 10, 2026 at 18:00 (UTC+8). OFC has been deployed on both the BASE chain and the Ethereum ERC20 network. At the same time, Gate will launch the CandyDrop airdrop campaign. The campaign runs from April 10, 2026 12:00 to April 23, 2026 12:00 (UTC+8). A total of 2,500,000 OFC tokens will be shared out. The campaign includes four prize pools: spot first trade, spot trading, flash exchange trading, and invite friends. They will share out 400,000, 700,000, 700,000, and 700,000 OFC, respectively. The per-person maximum share for each is 2,000 tokens. One Football (OFC) is a community platform for football fans. Through a token mechanism, it provides rewards to users and builds a unique experience. The official website is https://club.onefootball.com/.
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OFC-4,49%
ETH-1,53%
06:46

The CFTC and the Department of Justice jointly apply to block Arizona’s enforcement against Kalshi

The U.S. CFTC and the Department of Justice are asking a federal court to stop Arizona from enforcing its state gambling laws against prediction market operator Kalshi, arguing that its contracts should be regulated by federal oversight rather than state statutes. Related criminal charges have been filed, and the hearing is scheduled for April 13.
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06:41

Odin Fun releases the 4th update on the attack incident, with eight fixes and accountability efforts moving forward in parallel

Odin Fun co-founder Bob Bodily said that in response to recent attack incidents, the platform is carrying out multiple recovery efforts, including rolling back state, tracking funds, patching vulnerabilities, auditing contracts, and communicating with the community. This incident resulted in large-scale sell-offs and abnormal account withdrawals.
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BTC0,27%
06:40

Goldman Sachs cuts its Q2 oil price forecast; Brent crude falls to $90 per barrel

Goldman Sachs cuts its forecast for second-quarter 2026 oil prices: Brent crude drops from $99 to $90, and WTI crude from $91 to $87, due to the U.S.-Iran ceasefire agreement and a recovery in shipments through the Strait of Hormuz. Goldman Sachs keeps its mid-year forecast unchanged, but supply uncertainty is high—under extreme conditions, Brent could rise to $115. At the same time, it lowers Europe’s TTF natural gas price to €50, but warns that gas prices could rebound to above €75 due to disruptions to LNG transport.
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06:35

Market expectations: U.S. February PCE data shows inflation is still high, and the Fed may keep interest rates unchanged in April

Market expectations are that the U.S. February PCE data will show that inflation pressures remain, with PCE rising to 0.4% month over month and 2.8% year over year. Core PCE is expected to be around 3.0% year over year, above the Federal Reserve’s target. The Federal Reserve may continue to hold the 3.50%-3.75% interest-rate range in April, while rate-cut expectations cool.
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06:31

U.S. appeals court rejects Anthropic’s motion to pause the Department of Defense’s supply chain risk labeling

The U.S. Court of Appeals for the District of Columbia Circuit rejected Anthropic’s motion to pause the Department of Defense from listing it as a security risk, saying that military interests take priority over Anthropic’s harms. The dispute stems from a breakdown in its contract negotiations with the Pentagon, with Anthropic insisting that its AI technology not be used in lethal weapons. The court acknowledged that Anthropic may suffer harm, but said the case should be expedited.
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06:29

“Strategy” opposing order book: flattening and increasing BTC short positions by over $5.2 million; total open positions rise to $75.2 million

On April 9, Hyperinsight detected that address 0x94d3 increased its holdings by 81.06 BTC short positions. Its total position size is $75.2048 million, with an unrealized loss of approximately $1.8229 million, and it is currently the largest BTC short position on Hyperliquid. The address previously established a large BTC short position in reverse back in December of last year.
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BTC0,27%