Gate News message, April 11, Tesla’s FSD driver-assistance software received regulatory approval in the Netherlands, becoming the first EU country to approve the software for on-road use. Tesla said it hopes other EU member states will take similar action. Widespread adoption of FSD is at the core of Tesla’s growth strategy. A large portion of the company’s current valuation of roughly $1 trillion depends on Musk’s bet that AI-driven self-driving software and robotaxi services will become the company’s primary revenue sources in the future.

Gate News message: On April 10, according to Token Terminal data, Ethereum’s staking rate hit a record high. Currently, the network is secured by staked ETH with a value of about $85.0 billion.

Bitcoin ATM operator Bitcoin Depot recently filed a report with the U.S. SEC, saying it was hit by a cyberattack on March 23 in which hackers stole approximately 50.9 BTC valued at about $3.665 million. The company has initiated an emergency response and investigation. Its customer platform and data were not affected, but it may face reputational and legal costs.

Fueled by a ceasefire agreement between the United States and Iran, the price of Ethereum rose by about 9% on Wednesday, reaching a new high in several weeks. At the same time, stablecoin supply hit a historical high, suggesting increased activity across the Ethereum ecosystem. Analysts believe this provides solid support for Ethereum, and investors should watch macro events and changes in technical indicators.

Iran’s Bitcoin mining industry has been severely hit by geopolitical conflicts, with hashrate plunging 77% within a single quarter—from 9 EH/s to 2 EH/s, causing a major impact. Even though global hashrate remains close to 1000 EH/s, Iranian miners are facing difficulties, reflecting how sensitive the mining industry is to changes in energy and policy, yet the Bitcoin network continues to show strong resilience.

U.S. stock market sentiment indicators are fluctuating significantly: retail investors’ panic levels have hit a 20-year high, while institutional short positioning has intensified. The short ratio has reached a multi-year peak, and the market shows a highly asymmetric profile. The risk of a potential “short squeeze” is increasing; with no turnaround signals in sight, investors are holding back, and market volatility and uncertainty continue.

The negative correlation between Bitcoin and global central bank monetary policy suggests that institutional capital has already positioned itself ahead of a potential easing cycle. In the recent spot ETF net inflows have hit a new high, but the market remains choppy and unstable, with weak demand. Corporate allocation has slowed, volatility in the options market has increased, and traders are more inclined to add downside protection.

This article summarizes cryptocurrency news for April 7, 2026. Focus areas include the latest Bitcoin updates, the Ethereum upgrade, Dogecoin price action, real-time cryptocurrency prices, and price predictions. Today’s major events in the Web3 space include: 1、The Solana Foundation launches the dual security program STRIDE and SIRN, covering protocol assessments and incident response; 2、Troubles involving OpenAI hit Worldcoin: an Altman credibility crisis triggers a drop in the WLD price; 3、The SEC moves first: independent crypto fundraising rules will be rolled out, and the CLARITY Act is set for an escalation in its ongoing standoff.

In the first quarter of 2026, the crypto industry saw a wave of project shutdowns, with more than 80 projects ceasing operations, reflecting shifts in market patterns. Analyst Ignas believes this marks the end of the “easy money era,” and that the future will require professional and sustainable economic models. Capital is concentrating in more stable products, and speculative projects face challenges.

Gate News update, April 7, a certain CEX published data showing that in Q1 2026, amid macroeconomic uncertainty, traders tended to increase exposure to commodities risk. The exchange’s Q1 nominal trading volume reached $52.0 billion, up 300% quarter over quarter, with commodities accounting for 7.6% of all trading contracts. Its derivatives business hit a new quarterly high.