Gate Crypto Flash News and Market Updates

Gate News message, April 27 — RAVE, the native token of RaveDAO (a Web3-based cultural community project), skyrocketed 110x in two weeks before plummeting 98% over two days on April 19-20, prompting comparisons to the infamous 2007 Lubo stock manipulation scandal in South Korea. On April 18, RAVE r

Gate News message, April 27 — According to a Bitcoin Suisse research report, Hyperliquid generated $820 million in annual revenue over the past 12 months and ranks fourth globally in perpetual futures trading volume, establishing itself as one of the few

Gate News message, April 27 — A whale address beginning with 0xa44 initiated large-scale liquidation of HYPE spot holdings on the Hyperliquid platform over the past four hours, according to Hyperinsight monitoring. The address placed five sell orders using TWAP (time-weighted average price)

Gate News message, April 27 — A major whale on the decentralized derivatives platform Hyperliquid is facing imminent liquidation, with its $13.8 million short position in Bitcoin now underwater 54%. The address 0xbac2d8e1e3ef8cba378564667be59a2e2d8ed897, holding approximately 175 BTC, opened a 40x l

Gate News message, April 27 — Iran and Oman have reached an agreement to continue expert-level consultations on the Strait of Hormuz, according to Iranian Foreign Minister Araghchi.

Gate News message, April 27 — Logan Kilpatrick, senior product manager at Google DeepMind and product lead for Google AI Studio, stated on X that every company building AI-based products should establish its own custom benchmarks to measure AI model performance. He described this as a method to

Gate News message, April 27 — AUM Ventures, an India-focused deeptech venture capital firm, is preparing to launch its second fund at approximately 7.5 billion rupees (US$80 million), according to founding partner Chetan Mehta. The firm is targeting a first close of US$20 million to US$25 million

Gate News message, April 27 — Staynex's native token, $STAY, will launch on a major centralized exchange today at 19:00 UTC+8, following previous listings on other platforms. The project integrates AI and Web3-driven travel planning, hotel discovery, membership benefits, and token rewards into a

Gate News message, April 27 — According to Coinglass data, if Bitcoin falls below $75,188, cumulative long liquidations on major centralized exchanges would reach $19.03 billion. Conversely, if BTC breaks above $82,640, cumulative short liquidations on major CEXs would reach $11.88 billion.

Gate News message, April 27 — Ibrahim Azizi, chairman of Iran's Islamic Parliament's Committee on National Security and Foreign Policy, said on April 26 that transit fees for the Strait of Hormuz must be settled in Iranian rial, Iran's official currency. Azizi also stated that vessels and cargo

Gate News message, April 27 — Bitcoin spot ETFs have recorded net inflows for nine consecutive trading days, with institutional buying pressure continuing to accumulate and support prices. Strategy has invested approximately $11 billion to increase its Bitcoin holdings so far this year. The

Gate News message, April 27 — Singapore's Foreign Minister Vivian Balakrishnan recently announced he has built a custom AI assistant system, which he calls "the diplomat's second brain," running on a Raspberry Pi 5 (a credit-card-sized microcomputer). The system integrates with his WhatsApp and

Gate News message, April 27 — Indian ecommerce platforms Flipkart, BigBasket, Ajio, and FirstCry are building AI storefronts for ChatGPT, Perplexity, and Google Gemini to support agentic commerce, where AI tools shop on behalf of users. Quick commerce firm Swiggy has also built connectors for ChatGP

Gate News message, April 27 — Ethereum spot ETFs recorded net inflows of $155 million during last week's trading days (April 20-24, Eastern Time), according to SoSoValue data, extending a three-week streak of net inflows. BlackRock's ETHA led all funds with $138 million in weekly net inflows,

Gate News message, April 27 — A survey of 1,100 active users at a major CEX found that 36% of U.S. crypto traders have reduced daily spending due to the current market downturn. Among them, 10% described this as a major sacrifice to maintain their positions, while 37% delayed or canceled

Gate News message, April 27 — Solana spot ETFs recorded net inflows of $9.44 million during last week's trading days (April 21–24), according to SoSoValue data. Bitwise's BSOL led all funds with $6.2 million in weekly net inflows, bringing its historical total net inflows to $825 million.

Gate News message, April 27 — Singtel Group announced that RE:AI, its Singapore-based digital infrastructure unit, has partnered with Mistral AI to support AI capabilities for industries in Singapore. The partnership will focus on co-developing AI infrastructure and solutions for financial

Gate News message, April 27 — Western Union announced during its first-quarter earnings call on April 24 that its Solana-based stablecoin, USDPT, is in final preparation stages and is expected to launch next month. CEO and President Devin McGranahan stated: "It is no longer a question of if Western

Gate News message, April 27 — He Yi, alongside Changpeng Zhao's family office YZi Labs, has invested in a Chinese artificial intelligence large language model company, she disclosed during a private KOL gathering at the Hong Kong Web3 Carnival. The specific name of the invested company was not discl

Gate News message, April 27 — OpenAI is collaborating with MediaTek and Qualcomm to develop smartphone processors, according to supply chain analysis by Tianfeng International Securities analyst Ming-Chi Kuo. Foxconn Connector (Luxshare Precision) will serve as the exclusive system design and