A cryptocurrency exchange became the first CEX to be approved for a Federal Reserve master account, but the account is restricted—access is limited to the Fedwire payment system, and it cannot earn interest. This move has sparked concerns about financial risk and transparency in the U.S., and regulatory experts warn it could affect financial stability. The exchange said it is complying with anti–money laundering requirements.

Gate News message, on April 10, according to Gate market data, as of the time of publication, TAO (Bittensor) is trading at $269.80, down 16.28% over the past 24 hours. It reached a high of $341.10 and fell to a low of $248.60. The 24-hour trading volume is $14.71 million. The current market cap is approximately $2.59B. Bittensor is an open-source protocol that supports a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the value of the information they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their own needs. --- Key recent news about TAO: 1️⃣ **

Gate News message: On April 9, according to Arkham monitoring, the whale address “0x63c” had a crude oil short position with a position value that at one point reached as high as $30 million on Hyperliquid. Because the crude oil market funding rate is negative, the address can currently earn $388,000 per day in funding fee income, translating to an annualized funding fee income of up to $142 million. However, due to crude oil price fluctuations, the whale is currently down $2 million in unrealized losses.

Crypto analyst Andrey Sergeenkov disclosed that only 0.015% of Polymarket traders can consistently earn $5,000 per month for four months, and only 840 wallets have profits exceeding $100k. Most traders leave after short-term trading, and the share of long-term active traders is low.

Techno Revenant staked HYPE for 6 months to earn 2.4 million HYPE, worth $93.7 million, but it’s still unclear whether he will sell or restake. Earlier, he profited about $250 million by investing in the Trump family project WLFI.

Gate News message, according to an official Gate announcement dated April 7, 2026 Gate launches the 10th limited-time reward campaign for new minters of GUSD. New users who mint using USDT or USDC can earn up to 100% annualized returns. The campaign runs from April 7, 2026 at 16:00 to April 8, 2026 at 16:00 (UTC+8). GUSD is a Gate-launched demand, capital-protected wealth management product. Users obtain GUSD yield certificates by minting USDT/USDC, and when redeeming, they are exchanged 1:1 for USDT/USDC. Product earnings come from high-quality yield assets supported by Gate ecosystem revenue, Treasury RWA, and stablecoin backing. Users can redeem at any time; fast redemptions typically settle within 5 minutes, while standard redemptions settle in D+3 days. In addition, GUSD participating in other wealth management products such as Launchpool and Launchpad can, during the investment period, simultaneously receive the corresponding product earnings, GUSD minting earnings, and campaign rewards. The annualized return rate is dynamically adjusted based on Gate ecosystem revenue and market conditions, and any additional rewards are distributed to users’ accounts in GT on a daily basis.

Gate News message, according to Gate’s official announcement dated April 7, 2026 Gate launches the GUSD Minting Newcomer Limited-Time Rewards Campaign, Episode 10. The campaign is open to new users who have never held GUSD spot and have never participated in GUSD minting. The campaign runs from April 7, 2026 at 16:00 to April 13, 2026 at 16:00 (UTC+8). New users can mint GUSD by using USDT or USDC, with an annualized return rate of up to 100%. Returns start accruing from the day after subscription and are distributed in the form of GUSD. GUSD is a demand-deposit principal-protected wealth management product. After users mint with USDT/USDC, they receive investment receipts. It supports trading and collateralization, and upon redemption it is exchanged for USDT/USDC at a 1:1 ratio (redemption fees are deducted). In addition, for GUSD participating in other wealth management products such as Launchpool and Launchpad, during the investment period users can simultaneously earn the corresponding wealth management returns from those products, the GUSD minting proceeds, and the campaign rewards.

On April 6, BIT released a report stating that market trading volumes have shrunk. Bitcoin ETFs saw net inflows of $1.3 billion, while Ethereum continued to experience outflows. Geopolitical risks have not dissipated, and put-option strategies are increasingly favored. The Ethereum options market has shown significant changes, with traders choosing to sell call options more often to earn premiums.