Gate News update: On April 3, according to CME's “FedWatch” data, ahead of the nonfarm payrolls release, the probability that the Federal Reserve will raise rates by 25 basis points in April is 0.5%, while the probability of keeping rates unchanged is 99.5%. The probability that the Federal Reserve will cut rates by a cumulative 25 basis points by June is 7.8%, the probability of keeping rates unchanged is 91.7%, and the probability of raising rates by a cumulative 25 basis points is 0.5%.

Gate News message, on April 3, according to CloverPool data, the Bitcoin network has completed a new round of mining difficulty adjustment, with the difficulty value increasing by 3.87% to 138.97 T. The current Bitcoin network has a hashrate of 986.02 EH/s, and the next difficulty adjustment is expected to occur in about 14 days.

Algorand (ALGO) price surged 23% within 24 hours, mainly driven by Google’s quantum AI whitepaper, with Algorand cited multiple times. The 24-hour trading volume jumped 429%, drawing institutional investors’ attention. The ALGO price rebounded to $0.1052, still below its all-time high, so the market needs to closely watch the subsequent trend.

Grayscale Investments has filed a revised S-1 form, planning to convert the Bittensor trust into an ETF, involving the TAO token. If approved, it would be listed on the New York Stock Exchange, boosting liquidity and transparency and attracting more institutional investors. This move reflects growing interest in the decentralized AI space, and it also means institutional capital is looking for new investment opportunities.

Gate News update: On April 3, according to an SEC filing, Grayscale submitted an S-1 amendment for its Bittensor (TAO) trust to the U.S. Securities and Exchange Commission. The trust is a passive investment product that primarily holds the native token TAO from the Bittensor network, aiming to give investors a way to gain exposure to TAO tokens by holding shares of the trust.

Riot Platforms produced 1,473 BTC in the first quarter of 2026, with daily output down 4% year over year. Net revenue for the quarter was $289.5 million, and computing power deployment reached 42.5 EH/s, up 26% year over year. Total electricity costs fell to 3.0 cents per kilowatt-hour, down 21% year over year.

SolanaFloor data shows the Drift protocol vulnerability's affected scope has expanded to 20 protocols, with losses exceeding $10 million, including Prime Numbers Fi and Gauntlet. Most affected protocols have paused the relevant functionality and are taking countermeasures.

On April 3, U.S. stock market closed: the Dow Jones fell slightly by 0.13%, while the S&P 500 and the Nasdaq rose by 0.11% and 0.18%, respectively. Crypto sector performance was mixed: Solana rose 9.41%, while most other digital assets fell. msx.com launched hundreds of decentralized RWA tokens, involving multiple well-known U.S. listed companies.

The official TRUMP token announcement says that boxer Tyson will attend the Mar-a-Lago holders’ luncheon on April 25 and give a speech. The first 297 holders can attend, and the first 29 can share the stage with Trump and 18 celebrities.

Sonic Labs announced that 32.69 million S tokens that were not yet claimed in the Q1 and Q2 airdrops will be burned on October 15. Claims for the Q1 airdrop must be made by April 18; otherwise, you may face a penalty. For Q2, claims must be made by May 24.