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02:42

BSC Chain Meme Coin Freedom of Money has surpassed a market cap of $21 million, up more than 50% intraday

Gate News message, April 7, on the BSC chain, the Meme coin Freedom of Money saw continued sharp gains starting in the early hours today, briefly breaking through $22 million and continuing to set new highs; it was temporarily reported at $21.2 million. The intraday gain once reached 50%, and the 24-hour trading volume was $5 million. Note that Meme coin trading is subject to massive volatility, relies largely on market sentiment and concept hype, and has no real value or use case; investors need to be cautious about risks.
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02:17
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Japan’s stablecoin JPYC total trading volume reaches $136 million, with Polygon accounting for more than 60%

Gate News message: On April 7, according to Alex data, Japan’s stablecoin JPYC has reached a total trading volume of $136 million, of which $90 million was processed through the Polygon network, accounting for more than 60%. JPYC’s use cases on Polygon are broad, and it is mainly used for payment services on platforms such as Tria, Daimo, and CurrencyCompetition.
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02:12

21 crypto projects announced they are shutting down or cutting back services due to the bear market, covering DeFi, NFTs, wallets, and gaming.

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.
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00:32

Indonesia convicts cryptocurrency terrorism financing case using blockchain evidence; three people found guilty

Gate News message, April 7, Indonesian authorities recently convicted three defendants on terrorism financing charges involving cryptocurrency, becoming one of the first terror-financing conviction cases in Southeast Asia supported primarily by on-chain blockchain evidence. One of the defendants transferred more than 49,000 USDT to an overseas exchange through 15 transactions, and the flow of funds is linked to networks associated with ISIS. None of the three defendants directly participated in a terrorist attack; their role was characterized as the “financial logistics layer” of a terrorist organization.
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17:02

ETH 15-minute pullback of 1.00%: Large capital selling and leveraged derivatives amplify short-term volatility

2026-04-06 16:45 to 2026-04-06 17:00 (UTC), ETH saw a brief 1.00% drop within 15 minutes; the price fell from 2168.6 USDT to 2140.3 USDT, with a swing of 1.31%. This round of abnormal price movement has drawn market attention, with heightened short-term volatility and a corresponding increase in trading volume. The main driver behind this move is on-chain data showing that large ETH transfers of more than $10M per transaction were concentrated into a certain major exchange; the related net inflow of funds reached as high as 6,617.12 ETH. After the funds arrived,
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ETH-1,04%
BTC-0,61%