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.
2026-04-07
14:05

Fox News teams up with Kalshi to improve the accuracy of news reporting using predictive market mechanisms

Gate News message, on April 7, the U.S. news network Fox News officially integrated the Kalshi platform, using prediction market mechanisms to add accountability to news reporting while encouraging content to be closer to the facts. As one of the three major mainstream U.S. news networks, Fox News hopes to use prediction markets to eliminate bias, strengthen accuracy, and ensure that news reporting is not influenced by political stances, with correctness as the guiding principle.
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14:03

The public blockchain Rayls mainnet will go live on April 30

Gate News message, April 7, public chain project Rayls announced that its mainnet will go live on April 30 at 23:00. At the same time, Rayls staking plans and its native stablecoin USDr will also be launched. USDr is Rayls’ native, U.S. dollar–backed stablecoin, used to pay network transaction fees.
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RLS-14,54%
14:02

Fluent’s BLEND token public sale registration is now open, raising $1 million in funding with a $100 million FDV

Gate News update, April 7, Fluent posted a tweet saying that registration is now open for the BLEND token public offering, targeting $1 million in funding with a FDV of $100 million, with full unlock at TGE. On April 13, the token public offering will close, and the mainnet will go live 2 weeks after the end of the public offering. The total supply of the BLEND token is 1 billion, with an initial unlock of 75 million; 100 million will be allocated to the foundation, 225 million to investors, 200 million to the team, and 400 million to ecosystem expansion.
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13:46

US stock market open: all three major indexes fell, with the Nasdaq down 0.3%

Gate News update. On April 7, U.S. stocks opened lower: the Dow Jones Industrial Average (the U.S. blue-chip benchmark index) fell 0.2%, the S&P 500 (the U.S. large-cap benchmark index) fell 0.18%, and the Nasdaq Composite (the U.S. tech-sector benchmark index) fell 0.3%. Large-cap tech stocks broadly traded lower: Arm (ARM.O) fell 2.8%, Nvidia (NVDA.O) fell 0.8%, and Tesla (TSLA.O) fell 1.7%. The Nasdaq China Golden Dragon Index fell 0.38%.
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13:32

Federal Reserve Chair Williams Addresses the Worsh Nomination Stalemate, Says It Won’t Affect the Continuity of the Committee’s Work

There is uncertainty regarding Kevin Walsh’s nomination for Federal Reserve chair, because Republican senators oppose moving forward with the nomination, especially as Powell is still under investigation. New York Fed President Williams said this uncertainty does not affect the Federal Reserve, and Powell can continue serving in his position before Walsh is confirmed.
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13:31

FX Bank Societe Generale: If the Federal Reserve keeps interest rates unchanged this year, the U.S. dollar may trade within a range

French banking analyst Kit Juckes issued a report stating that if the Federal Reserve keeps interest rates unchanged this year, the U.S. dollar will fluctuate. The market expects G10 central banks to raise rates, but Sweden’s economic growth forecast is only slightly higher than that of the United States, which limits the dollar’s appreciation. If the Federal Reserve cuts rates, the dollar could fall.
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13:05

Cardano Foundation and Draper Dragon establish an $80 million Orion Fund

Gate News update: On April 7, the Cardano Foundation announced the launch of the $80 million Orion Fund with Draper Dragon, aiming to support strategic initiatives by Cardano-native and integrated enterprises, expand on-chain utility, and strengthen the ecosystem. The fund will be managed by Draper Dragon, with the Cardano Foundation serving as the charter manager and providing the necessary ecosystem and technical support.
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ADA1,99%
13:02

Korean financial regulators require crypto exchanges to reconcile assets every 5 minutes, strengthening internal controls

The Financial Services Commission of Korea requires all domestic cryptocurrency exchanges to reconcile accounts every 5 minutes to address internal control vulnerabilities exposed by recent payment incidents. The new regulations include establishing automated reconciliation systems, setting standards for when trading must be paused, and strengthening reviews of high-risk processes, with the goal of improving asset security.
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13:01

Federal Reserve Chair Williams: If necessary, monetary policy can be adjusted; for now, we can wait and see how things develop.

Gate News message, April 7, the Federal Reserve’s Williams said that the monetary policy can be adjusted if necessary; for now, it may be observed for the time being. He expects this year’s GDP growth to be 2% to 2.5%, with the unemployment rate remaining stable. Williams noted that the labor market situation is quite complex and expects that core inflation will fall later this year.
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