Recently, small-cap altcoins have been seeing frequent surges and crashes amid easing tensions between the U.S. and Iran and a period of Bitcoin trading sideways, drawing in high-risk investors. In this kind of coin, ownership is highly concentrated and insiders control the market, with high volumes in daily futures contracts. Some people believe this high volatility attracts liquidity, but some investors are also concerned that there is no fundamental support, so trading should be done cautiously.

April 9, U.S. March CPI data will be released on April 11. The market expects the year-over-year rate to rise from 2.4% to 3.4%. The Bitcoin market has responded calmly, with the options market’s volatility range only at 2.5%. Attention has been drawn by the rise in gasoline prices. Analysts believe that CPI data coming in either too soft or too hot will have different impacts on the crypto market.

Gate News message, April 9, Arthur Hayes posted a comment on reports that Iran is charging Bitcoin tolls. Hayes said he would only believe that Iran is truly collecting tolls in the form of BTC after seeing the related transactions on the real Bitcoin blockchain. He believes that before that, it is only the Islamic Revolutionary Guard Corps playing with the Western fiat currency and financial system.

BlackRock’s iShares Staked Ethereum Trust launched in March under its brand, with a management fee of 0.25% and a staking-reward commission of 18%. Industry insiders believe the commission includes multiple costs, and it may decrease in the future. Some people question whether such a high fee is justified, especially when comparing it to staking rates for retail investors.

Fueled by a ceasefire agreement between the United States and Iran, the price of Ethereum rose by about 9% on Wednesday, reaching a new high in several weeks. At the same time, stablecoin supply hit a historical high, suggesting increased activity across the Ethereum ecosystem. Analysts believe this provides solid support for Ethereum, and investors should watch macro events and changes in technical indicators.

Gate News message, April 8, the market shows that EDU briefly rose more than 34%, at one point breaking through $0.059, and is now reported at $0.058. Market analysts believe this round of gains may have been influenced by the release of CZ’s new book.

April 7, under the influence of the bear market, 21 crypto projects announced they would shut down or scale back services, covering areas such as wallets, DeFi, NFTs, and games. Projects like Leap Wallet and Magic Eden exited or adjusted due to market pressure; industry insiders believe this shakeout will help reshape the market, and that focusing on sustainable Web3 projects in the future will be more competitive.

A Nevada judge ruled that Kalshi’s sports prediction market products have no substantive difference from gambling, extended the injunction prohibiting it from offering related services locally until the case is further considered. Regulators believe it should be subject to the state’s gambling regulations.

The People Power Party of South Korea has introduced a new bill, calling for the repeal of the cryptocurrency trading tax that is set to take effect in 2027, aiming to win support from younger voters and affect the value of votes. Analysts believe it may simply be a political strategy, and the actual impact is unclear; in the future, the bill could be postponed or amended again.