Liquid Capital founder Yihua Yi announced the establishment of the AI fund OpenX Labs, focused on investing in AI projects. He believes that the golden age of primary (early-stage) investing has arrived, that AI is creating opportunities for top-tier founders, and that small teams can operate efficiently. Yihua Yi hopes to learn together with outstanding AI founders and support AI projects.

Gate News message, according to data ranking top L1 chains by average daily active users in Q1 2025, BNB Chain ranks first with 4.5 million daily average users, TRON takes second place with 3.2 million users, and NEAR Protocol secures third position with 2.5 million users. Solana and Sei Network ran

Pharos Network announces the completion of a $44.0 million Series A round, led by multiple top-tier institutions, with funds to be used to build real-world asset infrastructure. Previously, Pharos had completed an $8.0 million seed round, bringing total funding to $52.0 million. The testnet is scheduled to go live in May 2025.

Gate News 消息：据 Gate 的官方公告，Gate will soon list Checkmate (CHECK) spot trading and Flash Exchange trading. CHECK/USDT spot trading will begin at 22:00 on 2026年4月8日 (UTC+8), while Flash Exchange trading will begin at 23:00 on the same day. Withdrawals are expected to open at 22:00 on 2026年4月9日 (UTC+8). Checkmate is the ecosystem token for the chess-themed game Anichess, which is incubated by Animoca Brands. As Chess.com’s sole designated Web3 partner, Anichess—through its unique magic mechanics—has garnered support from top players such as Magnus Carlsen and Anish Giri, and has achieved over 100 million views on platforms including TikTok, Instagram, and Twitch. The CHECK token will power multiple game products within the Checkmate ecosystem. Since 2023, the project has raised $3.3 million in funding from top-tier investment institutions.

After the U.S. and Iran reached a ceasefire agreement, Bitcoin quickly rebounded to $72,000, indicating how sensitive the market is to macro events. However, derivatives market data shows that this rally was mainly driven by easing hedging sentiment rather than new inflows, and that implied volatility in the options market has fallen, suggesting that near-term risks are being released. The next few days will be critical: a large amount of Bitcoin and Ethereum options are expected to expire, which could influence the direction of the market.

2026-04-07 22:45 to 2026-04-07 23:00 (UTC), the ETH spot price gained +1.92% over 15 minutes, rising from 2176.26 USDT to 2219.85 USDT, with an intraday swing of 2.00% during the period. Market attention increased in the short term, and volatility intensity clearly intensified. The current unusual move quickly sparked widespread attention on-chain and among exchange fund flows. The main drivers behind this unusual move are concentrated net buying by top whale addresses and exchange balances falling to historical lows, which together boosted price elasticity. Data shows,

Due to the Iran situation, the Ethereum price has fallen by about 3.4%, dropping below $2,100. The market is concerned that geopolitical tensions may escalate, and technical indicators are showing a bearish trend. In the short term, it may face pressure, while the long-term direction will still depend on developments in the situation. Investors need to watch both the technical picture and geopolitical developments.

In the first quarter of 2026, the crypto industry saw a wave of project shutdowns, with more than 80 projects ceasing operations, reflecting shifts in market patterns. Analyst Ignas believes this marks the end of the “easy money era,” and that the future will require professional and sustainable economic models. Capital is concentrating in more stable products, and speculative projects face challenges.

Over the past 7 days, among the top 10 exchanges by BTC wallet balance, one exchange had the largest decline of 5.03%, while Gate had the largest increase of 2.54%. In terms of reserve assets, the top three net outflows were from a certain CEX, another CEX, and a third CEX, while Gate’s net inflow exceeded $103 million.

Gate News message: On April 7, Multicoin Capital co-founder Kyle Samani posted on X in response to KOL ampera, saying he is willing to take a bet on ampera’s view that “Bittensor (TAO) will enter the top 10 among all crypto assets by 2028,” and is willing to accept a maximum bet amount of $1M.