Gate News message. On April 14, according to Gate Market Data, as of the time of writing, GT (GateChain) is currently trading at $6.75. Over the past 24 hours, it is up 2.42%, hitting a high of $6.85 and falling to a low of $6.59. The 24-hour trading volume reached $485.5k. The current market cap is approximately $736 million, ranking 92nd. GateChain is a new-generation public chain focused on securing users’ assets and decentralized trading. It features an original online hot insurance account and a settlement/clearing protection system, creatively addressing the industry’s core foundational issues, such as users’ digital assets being stolen, private keys being damaged and lost, decentralized trading, and cross-chain transfers. GateChain is an EVM-compatible Layer-1 blockchain, allowing developers to quickly deploy it at zero cost

U.S. Representative reintroduces the “Digital Asset Protection Act,” revises the treatment of cryptocurrency taxation, removes the tax-exempt threshold for small transactions, clarifies the conditions for recognizing gains from stablecoin transactions, and sets rules for determining cost basis. Industry expects the bill to drive the inclusion of crypto provisions in tax legislation.

Gate News message: On April 14, according to on-chain analyst Ai Yi monitoring, four addresses that are suspected to belong to the same whale or entity bought 112.86 WBTC, worth $8.09M, at an average cost of $71,655. The execution times, buying methods, and fund source address operation techniques of these four addresses are highly similar.

Exodus CEO JP Richardson said this year, financial institutions have accelerated their participation in the cryptocurrency market, while retail investors have sharply reduced their activity, with engagement falling to a nine-year low. The main reasons are the cost-of-living crisis and inflation pressures.

Gate News message, a whale address deposited 2,540 ETH (valued at $5.56 million) into a centralized exchange after holding the assets for three months, recording a loss of $2.4 million. The whale had initially withdrawn 2,550 ETH from the exchange at a cost of $8 million three months prior. The addr

Ethereum Layer 2 network Scroll saw roughly 139,000 transactions have excess fees of more than $50k because the manual increase in the gas price multiplier led to higher transaction costs than expected. The actual cost was far above the forecast. The incident sparked widespread questions about its subsidy strategy, and Scroll’s TVL also fell sharply to $24 million.

Bitcoin’s short-term trading difficulty is increasing. Analyst Murphy recommends adopting a DCA (dollar-cost averaging) strategy over the next six months, with a win rate approaching 100%. He emphasizes the need to distinguish between investing and trading, avoid wishful thinking, follow the long-term trend, and strictly adhere to short-term trading discipline.

Gate News message. On April 11, according to on-chain analyst Ai Aunt monitoring, this morning a bullish whale address 0x0EA...34a54 opened a position at a cost of 72,720.78 USD with $4.7 million worth of WBTC, and has already liquidated and exited about 4 hours ago. At the $72,536 price level, the address sold 64.7 WBTC, incurring a loss of $12,000.

Gate News message, April 11, on-chain data shows that whale traders who “set 10 major targets in advance” have accumulated a WBTC position of $4.7 million since yesterday (April 10), with an average cost of $72,720.78. This address (0x0EA…34a54) previously placed a heavy bet of $270 million to go short; this time is its first position-building operation in about a month.

Trident Digital Tech Holdings has partnered with Ripple Strategy Holding. Ripple will provide stablecoin technology to support Trident’s expansion across Africa. It plans to build a blockchain tax system for 2.1 million small and mid-sized businesses in Ghana, and to set up an RLUSD/GHS liquidity pool to enable low-cost cross-border payments.