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The European Commission ordered Google to share its core search data with competitors and AI chatbots under the Digital Markets Act. This aims to foster competition by giving AI services like ChatGPT access to valuable user data. Google plans to oppose the ruling, citing privacy concerns.

Between 2026-04-16 15:00 and 15:15 (UTC), the ETH price recorded a +0.65% return. The highest price in the range was 2330.16 USDT, while the lowest was 2308.58 USDT, with a swing of 0.93%. The short-term rally immediately drew market attention, increasing capital activity; volatility remained moderately elevated, characterized by strengthening spot buying power.
The main driving force behind this unusual move is that buy orders in the spot markets of major trading platforms continued to dominate. Within 15 minutes, the buy volume accounted for 58%–59%, and the total buy volume was about 2.2K–2.6K ETH

From 15:00 to 15:15 (UTC) on 2026-04-16, BTC logged a +0.46% return within 15 minutes. The price fluctuated in a range of 73,939.7 to 74,440.0 USDT, with an amplitude of 0.68%. During this time window, market attention increased, short-term volatility intensified, and fund-flow characteristics changed noticeably.
The main driver of this deviation is the continued outflow of large amounts of capital from exchanges. According to on-chain data, in the past 24 hours the net flow was -14,408.84 BTC, mainly concentrated in large transfer ranges of more than $1 million (especially>$10M net outflow -12,987.03 BTC). This shows that institutions and large holders actively reduced their BTC holdings on exchanges, and short-term selling pressure was significantly lowered. Against the backdrop of persistently weak liquidity, with order book depth remaining at a low level for a long time, the price has become more sensitive to medium-sized buy orders—amplifying the impact of even modest inflows on spot market price action.
In addition, macro conditions changed in parallel and produced a synchronized effect: easing geopolitical tensions in the Middle East boosted overall market sentiment. International gold prices rose, global equity markets hit new highs, and the market re-evaluated the probability of the Federal Reserve cutting rates within the year, further increasing investor attention to safe-haven assets (including BTC). At the same time, on-chain data indicates that the “whale” trading activity during this phase is at an annual low (>$1M transfers fell to 1,485 transactions). With heavy market wait-and-see sentiment and limited short-term supply, BTC’s responsiveness to sudden buy-side capital was further enhanced.
Investors should be reminded that current market liquidity is still fragile. Insufficient order book depth increases the market’s sensitivity to large capital movements, and short-term volatility may intensify. Going forward, focus on further shifts in on-chain large-fund flows, changes in price action as it breaks through support or resistance regions, and the risks and opportunities brought by related macro policies and geopolitical developments. Please continue to track key data and stay alert to any sudden shocks during the period of abnormal moves.

Rhea Finance experienced a security breach where an attacker created fake token contracts and manipulated liquidity pools, misleading the oracle system and extracting at least $7.6 million in assets.

On April 15, two Iranian-linked vessels navigated the Strait of Hormuz, entering the Persian Gulf. They included an LPG carrier and an ultra-large crude carrier, successfully passing through this vital maritime route for global energy.

A South Korean cryptocurrency exchange has added the SPURS token to its trading alert list due to poor market performance and investor risks. Deposits are temporarily suspended while the token is reviewed until July 16, 2026.

U.S. industrial output fell 0.5% in March, missing growth expectations and reversing February gains. Manufacturing and utilities suffered declines, while jobless claims decreased, indicating stable employment amid economic challenges.

Eleven Nigerian fintech startups are among 25 selected for the AWS Fintech Africa Accelerator, starting June 2026. They will receive mentorship and up to $25,000 in AWS credits, targeting innovations in fintech services.

Cuba's President Miguel Díaz-Canel warned of a possible U.S. military invasion, urging citizens to prepare for conflict while condemning the U.S. embargo as the root cause of shortages and hardship in the country.

Fatih Birol of the International Energy Agency warned that Europe's aviation fuel reserves could last only six weeks due to Middle Eastern turmoil affecting oil supplies, risking flight cancellations and impacting global economic growth, especially in developing nations.

Gate News message, April 16 — U.S. Energy Secretary Wright announced that the United States will take additional measures to lower gasoline prices, according to Golden Ten.

Lithium stocks surged on April 17 due to rising crude oil prices amid Middle East tensions. Key companies like Sigma Lithium and Albemarle saw significant gains as demand for battery energy storage systems is expected to grow.

Pakistan's Chief of Army Staff General Muneir met with Iran's Major General Abdolahi to discuss Pakistan's conflict resolution efforts. General Abdolahi affirmed Iran's military readiness for defense against potential threats.

Google and Boston Dynamics have integrated Gemini Robotics models into the Spot robot, enabling it to understand natural language commands, recognize objects, and perform tasks autonomously, enhancing efficiency and adaptability in robotics.

Nas.com, founded by Nuseir Yassin of Nas Daily, raised $27 million in Series A funding led by Khosla Ventures. This highlights a trend of creators moving into tech, leveraging their audiences for business growth.

Samasource Impact Sourcing Inc will lay off over 1,100 employees in Nairobi due to Meta's termination of a key contract. Despite efforts to retain jobs, the company's reliance on major U.S. tech clients highlights the instability of Africa's AI outsourcing sector.

Federal Reserve Governor Michelle Bowman indicated that, given current conditions, the central bank might reduce interest rates only three times for the rest of the year.

Recent U.S. military tests reveal significant reliance on SpaceX's Starlink, exposing vulnerabilities in critical defense systems. A global outage disrupted operations, raising concerns over dependency on a single provider for military communications, despite economic advantages.

Germany is ready to join a potential security operation in the Hormuz Strait, offering minesweeping and maritime reconnaissance, pending conditions like stopping hostilities and UN-backed peacekeeping. Chancellor Merz will discuss this in Paris on April 17 with key leaders.

Gate News message, according to the April 16 update, Bitcoin ETFs recorded a 1-day net inflow of +2,855 BTC (+$209.95M) and a 7-day net inflow of +11,849 BTC (+$871.52M). Ethereum ETFs showed a 1-day net inflow of +15,477 ETH (+$35.44M) and a 7-day net inflow of +90,366 ETH (+$206.94M). Solana ETFs