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Whale Trader "Sets 10 Major Goals First" Limit Price $67k for Long BTC
Gate News
On April 4, Whale Trader "Sets 10 Major Goals First" posted on the X platform showcasing their long position, indicating they have gone long on Bitcoin again with a limit price of $67,023.8. This account has recently attracted attention due to its accurate market predictions, but since its posts come from a centralized exchange, their authenticity cannot be verified. Users should exercise caution and be aware of the risks.

Gate News: On April 3rd, Charles Schwab will launch cryptocurrency trading services on its investment platform. The service is called the "Schwab Crypto" account, initially offering Bitcoin and Ethereum trading, developed and operated independently by its subsidiary, Charles Schwab Premier Bank, SSB. The account will be available in all U.S. states except New York and Louisiana. It is reported that Charles Schwab has previously offered crypto-related ETF products and is one of the founding supporters of the institutional crypto exchange EDX Markets.

Gate News reports that on April 2nd, the U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit in the Chicago Federal Court to prevent the Illinois state government from regulating prediction markets, arguing that the state's actions infringe on the federal government's exclusive authority over the national derivatives market. This lawsuit marks the CFTC's first legal action to stop the Illinois Gaming Board officials from exercising jurisdiction over prediction market operators. The complaint states that the Illinois Gaming Board previously issued cease and desist orders to Kalshi,

Gate News reports that on April 1, Fortune reported that Kalshi's main investor Paradigm is developing its own prediction market trading platform. The project is led by Paradigm partner Arjun Balaji and will target professional traders and market makers. Currently, a Paradigm official spokesperson declined to comment on this matter. Additionally, sources revealed that Paradigm is also considering whether to establish an internal market-making department in the prediction market sector, in addition to developing the trading platform.

Payment company Convera and Ripple have reached a strategic partnership to launch a stablecoin-based cross-border payment solution. According to Gate News, on March 31, payment company Convera and Ripple announced a strategic cooperation to provide businesses with cryptocurrency-supported payment and fund management solutions. The partnership is based on the "Stablecoin Sandwich" settlement model, where the payment process begins and ends with fiat currency, and the intermediate steps utilize regulated stablecoins for settlement. Under the agreement, Convera is responsible for coordinating the

Federal Reserve Board Member Mullan: The Fed's balance sheet is too large and should be reduced. Gate News reports that on March 30, Federal Reserve Board Member Mullan publicly stated that the size of the Federal Reserve's balance sheet (the total assets held by the Fed) is too large, and he hopes to shrink the Fed's balance sheet.

Gate News reports that on March 29, "Insider Whale " agent Garrett Jin posted on X platform stating that Trump has issued a 48-hour final ultimatum to Iran, demanding the full reopening of the Strait of Hormuz, with the situation clearly escalating. He summarized three key impacts of this move: First, the diplomatic buffer has been broken, and the previously low-key negotiations between Iran and Japan regarding the passage of ships are coming to an end; second, the nature of the conflict has escalated, and if strikes expand to civilian infrastructure such as power grids, it will strengthen Ira

BlockBeats News, March 28 — According to foreign media reports, two more oil tankers carrying liquefied petroleum gas (LPG) have passed through the Strait of Hormuz leaving the Persian Gulf heading to India. According to vessel tracking data, the Indian-flagged BW Tyr and BW Elm tankers, both fully loaded with LPG, were last located near the northern end of the Arabian Peninsula. Throughout the voyage, both ships used transponders to emit signals indicating Indian ownership and Indian crew members, which has become a standard safety measure. India heavily relies on imports of LPG from the Pers

Elon Musk: Grok Imagine will have major updates next week. Gate News reports that on March 27, Musk responded to the community on the X platform, stating that Grok Imagine will have significant updates next week. It is understood that Grok Imagine is a video generation tool built around the Grok chatbot by xAI.

Traditional Finance Upside Reminder: MARA (Marathon Digital) surged over 12%. According to Gate News, based on the latest Gate TradFi data, MARA (Marathon Digital) temporarily increased by 12%, with current volatility significantly higher than recent average levels, indicating increased market activity.

Kleiner Perkins Raises $3.5 Billion to Invest in Artificial Intelligence Market
According to Gate News, on March 25, venture capital firm Kleiner Perkins announced that it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion raised by its KP22 fund, as well as $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that market fundamentals are currently favorable for expanding investment scale, market development remains in its early stages, and artificial intelligence is helping today's startups iterate and develop at

Gate News reports that on March 24, Multicoin Capital announced that Spencer Applebaum and Shayon Sengupta have been promoted to partners and will jointly serve as heads of Multicoin Capital's venture investment business. Over the past several years, both have taken on increased responsibilities across various levels of the business. They not only continue to identify, initiate, and lead investment projects at higher frequency, but have also gradually assumed greater leadership roles in Multicoin's strategy, operations, and long-term development direction. Spencer and Shayon both joined the fu

Gate News reported that on March 23, early Kalshi employees Adhi Rajaprabhakaran and Noah Zingler-Sternig are raising up to $35 million for the newly established venture capital fund 5c(c) Capital, which focuses on investing in prediction market startups. Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan have both participated in the funding, with other early supporters including a16z co-founder Marc Andreessen, Ribbit Capital founder Micky Malka, and former Multicoin Capital managing partner Kyle Samani. The fund plans to invest in approximately 20 companies over the next two years, w

Bitcoin mining difficulty decreased by 7.76% to 133.79 T, the second largest drop in 4.5 years
Gate News reports that on March 22, according to Cloverpool data, on March 21 at 05:54:19 Beijing time, Bitcoin mining difficulty completed its adjustment at block height 941,472, with mining difficulty decreasing by 7.76% to 133.79 T. This is the second largest drop in 4.5 years, second only to the 11.16% decrease in early February this year.

Gate News reports that on March 21, according to Coinglass data, if Bitcoin's price breaks above $73,000, the total short liquidation strength across major CEXs will reach $834 million. Conversely, if Bitcoin drops below $69,000, the total long liquidation strength across major CEXs will reach $940 million. It is important to note that the liquidation chart does not display the exact number or value of contracts pending liquidation, but rather indicates the significance (i.e., strength) of each liquidation cluster relative to neighboring clusters. Higher liquidation bars suggest that when the

Gate News reported that on March 20, U.S. Republican Senator Cynthia Lummis posted on social media stating: "We have gone too far to return to a state of regulatory uncertainty. Digital assets represent the future, and now is the time for America to provide them with the development environment they need." Previously, Cynthia Lummis posted that she met with Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC, the federal agency responsible for regulating derivatives markets), to discuss digital asset market structure issues. Lummis stated: "Mike Selig understands the ur

Gate News: On March 19, if the proposed CLARITY Act passes, a certain CEX may face restrictions on providing stablecoin rewards, which could impact its strategy of attracting users through digital dollar incentives. The bill has been stalled in Congress since January and aims to establish a regulatory framework for stablecoins, with one contentious point being whether companies can share yields with stablecoin holders. While the bill prohibits direct interest payments, analysts believe alternative structures could still potentially allow rewards to reach users. Despite the potential ban, analy

Senator Lummis: Clarity Act Will Be Completed Before Year-End, Expected Review in Late April
Gate News, March 18 — According to reports from crypto journalist Eleanor Terrett, Senator Lummis stated that the Clarity Act (cryptocurrency regulatory legislation) will be completed before year-end no matter what. She also indicated that the Banking Committee is expected to review the legislation in late April following the Easter recess.

Gate News reports that on March 17, Joe Kent, director of the U.S. National Counterterrorism Center, announced his resignation effective immediately on Tuesday. Kent stated that he "cannot in good conscience support the ongoing Iran war," citing that Iran does not pose a direct threat and that "it is clear this war was provoked by us under pressure from Israel and its powerful American lobbying groups." Earlier this month, remarks by U.S. Secretary of State Rubio sparked controversy among the President's supporters when he stated that Israel insists on launching an attack against Iran, thereby

Barclays Adjusts Expectations: Bank of England May Keep Rates Unchanged in March, Previously Expected 25 Basis Points Cut
Gate News reports that on March 16, Barclays Bank adjusted its expectations for the Bank of England's monetary policy, believing the Bank of England will maintain rates unchanged in March, whereas the institution previously expected the Bank of England to cut rates by 25 basis points.