Uzbekistan launched the Besqala Mining Valley zone in Karakalpakstan with tax exemptions until 2035; miners must bank revenue in Uzbekistan and pay 1% monthly to the zone, with use of renewables allowed. Abstract: Uzbekistan established Besqala Mining Valley in Karakalpakstan as a state-backed crypto mining zone. It provides tax exemptions through 2035, requires miners to deposit all revenue in Uzbek banks, imposes a 1% monthly levy to zone authorities, and permits mining with renewables, hydrogen, and grid power.

Abstract: Russia's State Duma gave first reading to Bill No. 1194918-8, "On Digital Currency and Digital Rights," to establish a comprehensive regulatory framework for digital assets with Bank of Russia–supervised licensed intermediaries, a ban on unlicensed platforms by 2027, retail investment caps and tests, and a prohibition on using crypto for payments. Russia's Duma advanced a bill establishing a state-regulated crypto regime: licensed intermediaries under the Bank of Russia, July 2027 ban on unlicensed platforms, retail limits and liquidity tests, and a ban on payments with crypto.

Gate News message, April 22 — Russia's State Duma passed the first reading of a bill on digital currencies and digital rights, paving the way for cryptocurrency legalization in the country. The Russian Central Bank will serve as the primary regulator, responsible for issuing licenses, approving or p

New York State filed lawsuits against two major crypto exchanges, alleging violations of its administrative law and noncompliance with the regulatory framework for digital asset trading platforms. Abstract: New York State filed lawsuits against two major crypto exchanges, alleging violations of its administrative law and noncompliance with the regulatory framework for digital asset trading platforms. The action signals intensified state oversight of crypto markets.

Gate News message, April 21 — Michael DeSombre, the U.S. State Department's assistant secretary for East Asian and Pacific affairs, urged South Korea to reduce its reliance on Chinese technology and revise regulatory rules seen as disadvantaging U.S. companies. DeSombre cited security risks linked t

Grinex, a Kyrgyz crypto exchange, suspended trading after a cyberattack resulting in losses of around $15 million. The advanced nature of the attack points to organized or state-level involvement. Grinex has reported the incident to authorities and is assessing the damage.

From 2026-04-17 10:15 to 2026-04-17 10:30 (UTC), the BTC price rapidly fell within the 75214.3 – 75725.9 USDT range. The cumulative return over 15 minutes was -0.52%, and the amplitude reached 0.68%. During this period, market sentiment shifted from cautious to bearish, volatility on the board increased, mainstream trading pairs saw an increase in主动 sell-side volume, buy-side acceptance became constrained, and overall trading activity declined significantly. The primary driver behind this unusual move is that large holders (whales) concentrated their short-term inflows into exchanges. On-chain data shows that net inflows to addresses holding more than 1000 BTC per address changed from a steady state to a positive value, directly boosting exchange balances over the short term. Historical data indicates that whale inflows to exchanges are highly correlated with sell pressure in the medium to short term. In the same period, order book snapshots reflected a significant increase in the volume of主动 sell orders, and the成交价梯度 shifted downward, highlighting that weak market absorption capacity caused a short-term drop in price. In addition, in the derivatives market, the long/short positioning structure tilted toward shorts. The number of主动 sell contracts exceeded that of buys in a short time, and rising pressure to close long positions further intensified the downtrend. Market liquidity overall was relatively weak; the number of active addresses over the past 10 minutes was only about 42k, and both fees and the mempool were near their lowest levels of the recent month. Against a backdrop of insufficient capital absorption, the marginal impact of large sell orders was amplified. On the macro front, the Federal Reserve’s monetary policy tightening and industry media repeatedly downgraded BTC’s near-term expectations led investors’ risk appetite to generally decline, creating a resonance at the level of market sentiment. In the short term, it is still necessary to stay alert to liquidity risk and the price impact of one-way large transactions in specific trading pairs. Going forward, focus on key developments such as changes in whales’ on-chain holdings, exchange balances, and rebounds in activity metrics, as well as the potential impact of macro policy direction on risk assets. Relevant users should primarily guard against the risk of sharply amplified short-term price volatility and promptly track more market information.

Greater Bay Technology has produced its first all-solid-state battery cells, featuring an innovative solid electrolyte that enhances safety and performance. It aims for GWh production by 2026 and will debut in GAC's Hyptec vehicles, positioning itself as a pioneer in commercial solid-state batteries.

Hyperliquid founder Jeff Yan reviewed his experiences before creating Hyperliquid in an interview. He once ran a large anonymous trading team, Chameleon Trading, and used $10k to achieve significant growth. Due to dissatisfaction with the state of the crypto industry and the FTX event, Jeff decided to shut down Chameleon Trading and focus on building the decentralized exchange Hyperliquid.

On April 14, the probability on Polymarket that Israel will carry out attacks against Yemen before April 30 fell to 14%. U.S. Secretary of State Rubio will host talks in Washington between Israel and Lebanon to discuss a ceasefire and a peace agreement. After diplomatic mediation was launched, market expectations for Israel’s new front were significantly reduced.