Gate Cryptocurrency News and Market Analysis

Cardano co-founder Charles Hoskinson stated on April 16 on YouTube regarding the Bitcoin improvement proposal BIP-361, saying that while the proposal has valid reasons, the “recovery mechanism” it promises in its third phase cannot be realized. He warned that about 1.7 million old versions of Bitcoin minted before the introduction of the BIP-39 mnemonic sentence mechanism may face the risk of being unrecoverable.

Hong Kong has suspended the legalization of basketball betting this week, while also planning to launch a study to assess the impact of prediction markets in Hong Kong and their level of adoption. Macie Mak, Commissioner for Home and Youth Affairs in Hong Kong, said that the monthly trading volume of prediction markets has grown from less than $100 million two years ago to more than $13 billion last year, with about 40% related to sports.

Solana ecosystem meme coin ASTEROID surged on April 17, reaching a $10 million high at market open; as of the time of writing, it is temporarily reported at $7.6 million. After Liv Perrotto, a 15-year-old child cancer survivor, passed away, her mother wrote to Musk, hoping to designate the Space Shiba Inu doll Asteroid—designed with her daughter’s involvement—as an official SpaceX mascot. Musk said he will respond.

According to an ETH Rangers project recap report published by the Ethereum Foundation on April 17, 2026 (Thursday), within its six-month funding period the Ketman project funded by the Ethereum Foundation identified 100 North Korean IT workers using false identities to infiltrate Web3 organizations, and contacted roughly 53 crypto projects to warn them they may have hired active North Korean agents.

Metals.io, a newly launched platform built on the Tezos blockchain and developed by the team behind uranium.io, introduced tokenized access to both precious and industrial metals on April 15. The platform aims to modernize the metals market by leveraging blockchain technology to simplify access and

NFT platform Foundation co-founder Kayvon Tehranian announced on the X platform on April 15 that the platform will officially cease operations. Earlier this year, Foundation had signed a sale agreement with a buyer, but the buyer backed out before the transaction was completed. After Tehranian reassumed control, he assessed the market situation and announced, "There are no other buyers worth pursuing," officially initiating the wind-down process.

WIF trades near $0.19 with neutral indicators, signaling consolidation before a potential move. Bulls target $0.20–$0.21 resistance; breakout could push price toward $0.23. Failure to hold $0.18 support may trigger downside toward $0.17 levels. Dogwifhat — WIF, has entered a tense

According to the official announcement published by Mint Blockchain on April 17, 2026, the blockchain officially ceased operations on the same day. Users must withdraw their held assets from Mint Chain to the Ethereum mainnet by October 20, 2026. The announcement clearly states that assets not withdrawn before the deadline will not be processed.

Asymmetric founder Joe McCann, a cryptocurrency hedge fund, was detained and questioned by local police after his fiancée Ashley Robinson (31) died during a vacation in Zanzibar, Tanzania. According to a Thursday report by NBC News citing a statement from Tanzanian police, Robinson was pronounced dead at a hospital on April 9. Police initially ruled it a suicide, but they are still questioning her.

TRON founder Justin Sun publicly announced on the X platform this week that the TRON network will launch a post-quantum cryptography (PQC) upgrade plan, aiming to directly integrate anti-quantum cryptographic signature standards into the TRON mainnet. As of April 17, Tron DAO has not released any formal governance proposals or technical documents; the related announcements are currently limited to Justin Sun’s public statements.

Google is in discussions with the U.S. Department of Defense to develop classified artificial intelligence technology, marking a strategic shift toward military and defense markets, according to IT media outlet Deinformation on the 17th. The initiative represents a departure from Google's previous c

Former U.S. Treasury Secretary Henry Paulson urged U.S. authorities to draw up contingency plans to address a potential collapse in demand for U.S. national debt when he was interviewed by Bloomberg on April 17, 2026 (Thursday). He said that once a crisis erupts, the consequences would be extremely severe. On the same day, the U.S. Department of the Treasury completed the largest debt buyback in a single transaction in history, accepting approximately $15 billion in old bonds maturing from 2026 to 2028.

Tennessee's “Strategic Bitcoin Reserve Act” (SB 2639) will be heard by the Senate Finance, Revenue and Appropriations Committee on April 21 (next Tuesday). The bill was introduced by Senator Kelly Roberts, has passed the Senate Business and Labor Committee, and now moves to the Finance Committee responsible for overseeing tax and spending measures. If it passes, the Tennessee State Treasurer may allocate up to 10% of eligible state funds to bitcoin (BTC).

Venom Foundation, an Abu Dhabi-based fintech firm focused on high-performance blockchain infrastructure, has announced that the blockchain industry must urgently prepare for quantum computing threats. The organization conducted an internal assessment of its network vulnerabilities and established a

Forum Convened on U.S. Stablecoin Regulation and Korean Legislative Response On April 17, lawmakers Min Byung-deok, Park Min-gyu, and Shin Jang-shik held a forum titled "U.S. Stablecoin Regulatory Framework and Korean Digital Asset Legislation Issues" at the National Assembly Member Building in

NC Soft permanently sanctioned approximately 150,000 abnormal accounts on April 16, 2026, as part of an escalating effort to eliminate illegal macros from 'Lineage Classic,' according to the gaming industry report dated April 17, 2026. The company has implemented a total of 63 game usage

The trailer for As Deep as the Grave debuted at CinemaCon in Las Vegas on April 15, 2026, featuring a generative AI recreation of the late Val Kilmer — who died last year at 65 — as Father Fintan, a Catholic priest in a historical drama. Writer-director Coerte Voorhees and producer John Voorhees defended the decision on a panel, stating they operated within SAG-AFTRA's framework of "consent, compensation and collaboration." Kilmer appears in the film for one hour and 17 minutes.

Polymarket has initiated an audit of its Builders Program after finding third-party tools that may facilitate insider trading by mimicking successful trades. The review follows scrutiny over potential market abuse linked to these apps.

CoW Swap suspended its protocol on April 14, 2026, after a DNS hijacking redirected users to a phishing site. The platform's security firm alerted users to revoke wallet approvals. The underlying smart contracts were safe, but backend and APIs were paused as a precaution.