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.
Today
22:03

Federal Reserve Governor Waller Warns About Stablecoin Risks, Emphasizing the Need to Strengthen Reserve Oversight and Enforcement Mechanisms

Federal Reserve Board Governor Michael Barr emphasized that stablecoins must develop under strict regulation, warning that a lack of safeguards could repeat the history of problems caused by private currencies. He noted that while the GENIUS Stablecoin Act has provided an initial framework, it needs stronger enforcement and oversight to ensure the safety and liquidity of reserve assets and to prevent potential financial stability risks.
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22:02

Latin American e-commerce giant Mercado Libre announced that it is shutting down its own cryptocurrency token, Mercado Coin.

Mercado Libre announced that it will shut down its own crypto token, Mercado Coin, starting on April 17, ending a nearly four-year user incentives experiment. Users can choose to sell the tokens or use them to offset payments, reflecting a reassessment by large technology companies of the viability of their own crypto assets. Even so, the company continues to maintain other crypto businesses, showing a cooling off in the platform-token model.
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ETH3,01%
BTC1,93%
22:02

WisdomTree: The Clarity Act is not a necessary prerequisite for non-crypto innovation; the existing regulatory framework is already sufficient to support growth

WisdomTree says the 《Clarity Act》 is not a necessary requirement for crypto and tokenization businesses, and that industry innovation can be advanced under existing regulatory frameworks. The company has already launched a spot Bitcoin ETF, focusing on developing tokenized money market funds, and will further expand related products in the future.
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BTC1,93%
22:01

OpenAI Completes Over $12 Billion in Financing

Gate News update: On March 31, it was reported that OpenAI announced it has completed the latest round of funding, securing more than $120 billion in committed capital. The company said this round of financing will be used to expand the scale of its AI capabilities and accelerate the delivery of “useful intelligence” earlier and more broadly to users worldwide, enabling the rapid spread of technology and applications. OpenAI emphasized that its core goal is to generate a “compounding effect” for AI capabilities worldwide by improving accessibility, driving continuous growth in productivity and innovation.
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22:00

Investment bank initiates first coverage of Securitize, assigns a Buy rating and a $16 price target

Investment bank Benchmark initiates coverage of tokenization platform Securitize, assigning a “Buy” rating and a $16 target price. It calls the company an “early shovel seller” opportunity in the tokenization wave, citing its comprehensive positioning across the tokenized asset lifecycle and a 70% market share, even though industry momentum remains strong. However, the broader adoption of tokenization still requires a clearer regulatory environment.
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18:17

ETH modestly rises 0.69% over 15 minutes: Derivatives open interest increases and institutional inflows synchronize to drive the slight upward movement

Between 2026-03-31 18:00 and 18:15 (UTC), the ETH price moved in a range within a 0.71% amplitude (2093.36 - 2108.15 USDT), with a return of +0.69%. During this period, market attention increased, short-term buyers held the upper hand, and heightened price volatility drew close scrutiny from investors. The primary drivers behind this move were the rapid inflow of funds into the derivatives market and an expansion in trading volume. In March 2026, ETH derivatives trading volume remained consistently higher than spot, and leveraged capital was active, lifting risk appetite. At the same time, on-chain data
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ETH3,01%
17:32

BTC drops 0.60% in 15 minutes: whales concentrate on transfers while leverage liquidations sync up, unleashing sell pressure

Between 17:15 and 17:30 (UTC) on 2026-03-31, BTC fell 0.60% within a 0.87% trading range. The price dropped from 68,586.0 USDT to 67,990.0 USDT. Volatility increased within the 15-minute window, and market attention rose. Trading volume in the short term surged significantly, reflecting the market’s heightened focus on structural disruptions during this period. The main drivers of this disruption are a sharp spike in whale transfer frequency and a synchronized increase in on-chain funds flowing into exchanges. Whales (holdings > 1000 BTC) are active; all exchanges witnessed high transfer activity, indicating significant institutional or large investor participation.
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BTC1,93%
17:01

During the Iranian blockade, traffic through the Strait of Hormuz increased; the number of weekly two-way transits rose from 5 ships to 7 ships.

The number of ships transiting the Strait of Hormuz has been increasing slowly, reaching 7 vessels per week, even as Iran continues to blockade most commercially operated ships that have not received permission. This shift suggests that non-hostile Asian country fleets are still passing through the strait, and that Iran’s blockade strategy is gradually evolving into an economic warfare tool.
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