Chicago Mercantile Exchange bitcoin futures open interest fell to a 14-month low. Driven by the unwinding of basis trades, institutions are leaning toward directly holding spot, and the leverage level in the futures market has dropped significantly.

Putin emphasized at a government meeting that large language models are foundational technologies for the development of Russia in all fields. He advocated the importance of homegrown models to ensure security and defense, and noted that Russia has unique expertise in this area. At the same time, he mentioned the cooperative value of open-source solutions.

Gate News message, on April 10, the Hong Kong Monetary Authority said it would maintain communication and engagement with the first batch of applicants that did not receive a license, as well as other institutions that apply in the future, to review these applications under uniform regulatory standards and requirements. Regarding the later issuance of stablecoin licenses and the timeline, the Monetary Authority has an open yet cautious attitude, and at this stage there is no clear inclination.

On April 10, ahead of the US stock market open, crypto-related stocks generally rallied, with CRCL up 1.7%, MSTR up 0.14%, SBET up 0.78%, and ABTC up 1.35%. msx.com is a decentralized RWA trading platform that has launched multiple RWA tokens.

The HY-Embodied-0.5 series of embodied intelligence foundation models released by Tencent includes two versions: 2B and 32B. It focuses on improving spatiotemporal perception and embodied reasoning capabilities, and is suitable for scenarios such as environment prediction and task planning. The 2B model has been open-sourced; its performance is better than other same-scale SOTA models, demonstrating strong intelligent generalization ability and application potential.

On April 10, the authoritative AI benchmarking platform LMArena updated its rankings. GLM-5.1 took first place among global open-source models and third place globally, showcasing excellent coding ability and breakthroughs in long-range tasks. It became the only open-source model to achieve continuous work for 8 hours.

On April 10, Hyperinsight data shows that on the Hyperliquid platform, 14 million-level mega whales established crude oil positions: 10 opened WTIOIL long positions, and 4 opened BRENTOIL long positions. All are in the long direction, and there are no new shorts entering the market. The WTIOIL long mega whale liquidation price is $87.7, with an open position size of $5.02 million; the BRENTOIL mega whale liquidation price is $87.2, with an open position size of $1.91 million.

As of March 2026, Alibaba Cloud’s Qwen series models account for more than 50% of global open-source model downloads, with a cumulative total of 942.1 million times. Their smaller-parameter versions are widely favored by developers. With the release of Qwen 2.5 and 3.5, Chinese models have gradually begun to surpass their U.S. counterparts, and the open-source strategy has become a key factor in the AI competition between China and the U.S.

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 **

Alibaba confirms it has launched its own video generation model, HappyHorse-1.0, developed by the AI innovation division of Taotian Group. HappyHorse-1.0 performed exceptionally well in third-party evaluations. It has not yet been open-sourced and is consistent with Alibaba’s recent closed-source strategy. The release of the model is intended to respond to competitors’ market performance and strengthen its competitiveness in the MaaS market.