Gate News message. On April 9, POLITICO reported that Trump will attend a Meme coin conference later this month. Earlier reports show that Trump will host a grand luncheon for TRUMP token holders, with Trump himself attending alongside 18 “superstars.” The first 297 holders will be allowed to take part in the April 25 Mar-a-Lago luncheon. Holders ranked in the top 29 will be invited to a special VIP reception and a champagne toast, sitting on the same stage with President Trump.

In 2026, the Korean crypto market will see significant changes, with USD Coin trading activity surging, reflecting growing demand for dollar-pegged stablecoins. Circle’s CEO will visit South Korea to discuss stablecoin use cases and partnerships with multiple banks. At the same time, South Korean regulators are strengthening stablecoin legislation, laying the groundwork for the digital asset market.

Gate News, April 8, according to monitoring by Hyperinsight, the ETH price broke above $2,200. Around 3:00 this morning, a certain whale opened an ETH short position worth $22 million. As the coin price rose, the short position came under pressure; the whale closed the position to cut losses, ultimately recording a loss of $1.47 million. At present, the whale has a buy order for 5,000 ETH, with the order price set at $2,229.

Gate News message, April 7, Coinglass data shows that in the past 1 hour across the entire network, $209 million in liquidations occurred, including $60.52M liquidated on long positions and $148 million liquidated on short positions. By coin, liquidations were $73.42 million for BTC and $41.84 million for ETH. In addition, liquidations were $24.78 million for Brent crude oil and $24.18 million for WTI crude oil.

Crypto hedge fund Split Capital’s founder Zaheer Ebtikar announced the closure of the fund and is switching to become Chief Strategy Officer at stablecoin company Plasma. He believes the crypto hedge fund business model is no longer viable, mainly due to the impact of traditional financial institutions launching digital asset ETFs, which led to a sharp drop in demand. At the same time, crypto venture capital has also been squeezed out, and major coin prices have fallen by nearly 50%.

Gate News message, April 7: in Argentina, multiple domestic banks have already begun testing JPM Coin, a deposit token from JPMorgan Chase. JPM Coin is a deposit token product designed by JPMorgan Chase specifically for institutional users. At present, Banco CMF has confirmed that it is one of the financial institutions participating in the tests. The institution plans to apply JPM Coin to its backend settlement workflows to improve settlement speed and efficiency.

Pi Network has completed the distribution of rewards for the first round of KYC verification. With more than 1 million validators contributing to the confirmation of 18 million global identities, the reward pool exceeds 26 million Pi Coin. This progress marks a key step toward the mainnet launch, demonstrating the efficiency of human–machine collaboration, optimizing performance mechanisms, and attracting more users to participate.

The Japan SANAE TOKEN incident sparked a political stir, as token promotion involving Prime Minister Sanae Takaiti drew controversy. The market reaction was intense: after the token price surged dramatically, it then fell sharply. Japan’s Financial Services Agency has launched an investigation; regulatory scrutiny will be strengthened, signaling that compliance requirements in the crypto market will rise.