Gate News message, April 12, the Argentine Securities and Exchange Commission (CNV) issued General Resolution No. 1125/2026, formally recognizing cryptocurrencies as an asset category that can be included in an individual's net worth for determining eligibility as a qualified investor. Under this resolution, virtual assets are defined as "any digital value representation that can be traded and/or transferred digitally and that is used for payment or investment." This definition covers digital asset types such as cryptocurrencies, tokenized assets, and stablecoins.

Gate News message, April 12, the second batch of Hong Kong compliant stablecoin license applications is underway. According to reliable sources, Futu Securities and OSL Group are both applicants for the second batch of licenses. Previously, in November 2025, 13 ministries including the People’s Bank of China issued a statement, reaffirming China’s crackdown on virtual currency trading and classifying stablecoins as virtual currency, which means stablecoins will be impossible to trade in mainland China.

Gate News update, April 12, BTC’s current price is about $71,646, up about 6.1% from $76,000; ETH’s current price is about $2,215, up about 8% from $2,400.

Gate News message: On April 12, RAVE briefly surged more than 40%, reaching a high of $2.97 and currently trading at $2.4.

Gate News message, April 12, in the past 24 hours total liquidations across the market reached $231 million. Of this, long liquidations were about $142 million, and short liquidations were about $88.3557 million. By coin, Bitcoin liquidations were about $72.2491 million, and Ethereum liquidations were about $63.7792 million.

Gate News message, April 12, Musk’s social app XChat will officially launch on the App Store on April 17. Musk previously said that XChat’s goal is to replace the old Twitter direct message system and build a fully encrypted platform supporting text, file transfers, and audio and video calling.

Gate News message. On April 12, data from a certain CEX market shows that ETH is currently trading at $2,212, down 55% from its all-time high. ETH’s all-time high was $4,957 on August 25, 2025.

Gate News message. On April 12, according to on-chain data monitoring, Sky (formerly MakerDAO) co-founder Rune’s 7x leveraged Nasdaq 100 short positions have all been closed. He currently still holds 20x leveraged WTI crude oil futures long positions, 7x leveraged Brent crude oil long positions, and 20x leveraged S&P 500 short positions, and all of them are in a loss position. His overall position value has now fallen to about $680k, with an unrealized loss of about $60k, and the return on investment is -21.78%.

Gate News message: On April 12, according to Lookonchain monitoring, an address withdrew 3.6 million ETHFI from a certain CEX 1 hour ago and sold it all in a single transaction, receiving 1.587 million USDC in return.

Gate News, April 12. According to Coinglass data, liquidations across all exchanges in the past 1 hour totaled $90.75 million. Of that, long liquidations were $85.0 million, accounting for 93.7% of the total liquidation amount; short liquidations were $5.75 million, accounting for 6.3%.