Projects that rely on short-term hype are being eliminated by the market one by one, while only projects that truly fit the market and can be implemented can survive.

Stablecoins are eating into cross-border payments, and a Hong Kong-listed company has already laid the groundwork.

According to a report by the Islamic Republic of Iran Broadcasting (IRNA) on the 7th, Ibrahim Rezaei, spokesman for the Iranian Parliament's National Security and Foreign Policy Committee, stated in a televised interview that Iran is developing plans and related legislation to ensure the security of the Strait of Hormuz and the Persian Gulf, and reiterated that the Strait of Hormuz will not be restored to its previous state. (Xinhua)

Gate has announced that it will host its "GATE GALA 13" anniversary dinner on April 20, 2026, at the Rosewood Hong Kong. Gate's founder and CEO, Dr. Han, will attend the event, along with representatives from leading industry organizations, partners, and KOLs. The event is expected to attract over 300 guests. The dinner will be a high-profile affair with in-depth discussions, conducted by invitation only with a formal dress code. Located at a landmark high-end venue in Hong Kong, the event will emphasize privacy and a sense of occasion, creating a high-quality offline experience. In the afternoon, the platform will hold the "Gate 13 Blue Carpet Ceremony," unveiling the F1 Red Bull Racing team display car and showcasing brand collaborations. Furthermore, from April 18 to 24, Gate will also present the "Racing the Future" outdoor crossover exhibition at the K11 MUSEA waterfront promenade in Victoria Harbour, Hong Kong. Gate stated that this anniversary event, while reviewing its development, also aims to provide an opportunity for communication to facilitate future collaborations and further promote the establishment of long-term partnerships.

The central banks of South Korea and France held a two-day seminar in Seoul to discuss how digital assets like stablecoins and CBDCs affect payments and monetary policy.

The global cryptocurrency market cap now stands at $2.39T, up by 3.69% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $68,273 and $70,351 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,055, down by -1.29%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include RED, SUPER, and BANK, up by 52%, 26%, and 25%, respectively. Top stories of the day: U.S. Tech Industry Sees Significant Job Decline Over Two Years Grayscale's Zach Pandl Highlights Bitcoin's Quantum Computing Challenge Polymarket Plans Major Infrastructure Upgrade to Enhance Platform Crypto Safe Harbor Framework Advances to White House Review Uniswap API Gains Significant Share in MetaMask's Swap Transactions Chaos Labs Ends Risk Management Partnership with Aave Crypto News: Perp DEX Volumes Drop to $699B as Crypto Derivatives Activity Slows for Fifth Straight Month Strategy Buys 4,871 Bitcoin for $330M, Holdings Near 767,000 BTC Despite $5B Unrealized Loss Bitcoin Profit-Taking Surges as Santiment Signal Points to Short-Term Top Bitcoin News Today: Bitcoin MACD Bull Signal Nears as BTC Tests $70K Amid War, Inflation Risks Market movers: ETH: $2125.39 (-1.58%) BNB: $604.53 (-0.49%) XRP: $1.3195 (-2.48%) SOL: $80.3 (-2.89%) TRX: $0.3157 (-0.63%) DOGE: $0.09114 (-2.08%) U: $0.9998 (-0.01%) WLFI: $0.0984 (-1.60%) XAUT: $4656.58 (-0.29%) WBTC: $68917.34 (-1.33%) Top gainers on Binance: RED/USDT (+52%) SUPER/USDT (+26%) BANK/USDT (+25%)

Argentine President Javier Milei is facing renewed scrutiny after new evidence had been found linking him to the Libra project, despite his repeated denial of having any connection to the project.

The head of the International Energy Agency (IEA) has stated that the current energy crisis is more severe than the crises of 1973, 1979, and 2002 combined. According to NS3.AI, the IEA chief emphasized that the world has never faced an energy supply disruption of this magnitude.

South Fund Management Co., Ltd. has issued a notice regarding its South China Securities Hong Kong Stock Connect 50 Exchange-Traded Fund (ETF), traded under the code 159126. According to Jin10, the secondary market trading price of this ETF has significantly exceeded its reference net asset value, resulting in a substantial premium. Investors are advised to be cautious of the premium risk in secondary market trading prices, as blind investment could lead to significant losses.

The head of the International Energy Agency stated that the current crisis is more severe than the combined crises of 1973, 1979, and 2002, and the world has never experienced an energy supply disruption of this scale. (Cointelegraph)

In a post on X, Defillama founder 0xngmi commented on the news that "Polymarket will launch its own stablecoin," stating, "Polymarket users have approximately $1.25 billion in their wallets. If they retain this interest income, at current interest rates, they will earn an additional $54 million annually."

Xianyu is emerging as a cost-effective local alternative to OpenClaw in China. According to NS3.AI, tasks on Xianyu reportedly cost less than 1% of OpenClaw's daily token spending. The platform boasts over 217 million monthly active users and generates more than 1 billion yuan in daily gross merchandise value (GMV). Xianyu's services extend beyond second-hand trading, offering a diverse range of categories.

On Apr 07, 2026, 09:09 AM(UTC). According to Binance Market Data, Bitcoin has crossed the 69,000 USDT benchmark and is now trading at 69,076.007813 USDT, with a narrowed narrowed 0.31% decrease in 24 hours.

On April 7, Jin10 reported that investors inquired on an interactive platform about the potential for price increases in the global wafer foundry industry due to the spread of storage chip inflation. In response, Huahong Company stated that it formulates pricing strategies based on customer demand and market dynamics. The company aims to enhance average sales prices through a combination of product mix, new product iterations, and price adjustments. According to Jin10, Huahong noted that its average sales prices have already increased over the past few quarters, driven by a structural recovery in downstream demand.

Bitget Wallet has launched QR-based crypto payments across Asia-Pacific, letting users pay with stablecoins like USDT and USDC at local merchants directly from their self-custodial wallets.

OpenAI has urged governments to prepare for major economic changes from artificial intelligence, warning it could disrupt jobs and concentrate wealth. It proposed new policies like taxing automated labour, creating a public wealth fund, and testing a four-day workweek to help people share in AI-driven gains.

The crypto industry keeps talking about Mass Adoption, but in reality, users remain transaction users, not "users." AI, however, has the potential to help blockchain achieve true "value creation."

The XRP Ledger has reached a new milestone, surpassing 8.1 million total addresses, up from approximately 7.9 million just months earlier. Despite this progress, price action tells a different story.

Artificial Intelligence, LLM, Small-Town Youth Labeling AI Models - Golden Finance: The underlying nature of technological revolutions is always the large-scale consumption of cheap labor.

Polymarket, the largest fully onchain prediction market, is overhauling its exchange infrastructure, replacing bridged USDC.e with a native USDC-backed token, revamping its trading engine, and rolling out multisig wallet support—marking the platform’s boldest move since launch.