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Gate.io Launches INIT Perpetual Contract Pre-trading

2025.04.16 13:18:01

On April 16th, according to official information, Gate.io has now initiated pre-market trading of INIT perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.
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GIGGLE Meme Coin Surges to $40 Million Market Cap Briefly, Spiking Over 35% in a Day

On April 13th, per GMGN monitoring (link: https://gmgn.ai/bsc/token/i_m4TE56o8_0x20d6015660b3fe52e6690a889b5c51f69902ce0e), meme coin GIGGLE on the BSC chain saw a 35% intraday jump in market cap, with its peak rebounding above $40 million. It currently sits at $38.25 million, marking a 33% gain over the past 24 hours. BlockBeats Note: Meme coins are highly volatile, relying heavily on market sentiment and concept-driven speculative trading. They lack intrinsic value and real-world use cases. Investors should be aware of these risks.

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Polymarket Enters Top 5 Cryptocurrency Protocols by Revenue Last Week

April 13th — Per Defillama data, prediction platform Polymarket came in fifth place for protocol revenue over the past week, topping $6.16 million. As previously reported by BlockBeats, Polymarket rolled out taker fees for nearly all trading categories starting March 30th — its first time implementing such fees. The new structure features variable rates: cryptocurrency-related contracts have a peak rate of up to 1.8%, with actual fees adjusting along a curve tied to token prices and market conditions. Lower tiered rates apply to Sports, Finance, Politics, Culture, Weather, and General categories, while “Mentioned” and select Economic categories carry higher peak rates of around 1.5%.

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Morgan Stanley: Maintains Brent Crude Price Forecast Unchanged, $110 per Barrel in Q2 2026

On April 13, Morgan Stanley said it’s maintaining its near-term Brent crude oil price forecast: $110/bbl for Q2 2026, $100/bbl for Q3 2026, before stabilizing around $80/bbl in 2027. (FXStreet)

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Binance: Pre-TGE Project Sentio (ST) Will Open Alpha Trading on April 15th

April 13 — Per official sources, Binance Wallet has announced that the Sentio (ST) token is set to launch for trading. The Alpha launch and trading will begin on April 15, 2026, at 6:00 PM UTC+8. Users who participated in the Sentio Pre-TGE can trade ST tokens on Binance Alpha. Winners of the first and second Booster activities may claim and trade their ST tokens within 8 hours of the token’s launch.

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A trader deposits 2540 ETH held for 3 months into Binance, with an unrealized loss of $2.4 million.

April 13 — Per data from LookIntoBitcoin, a trader deposited 2,540 ETH (roughly $5.56 million) to Binance following a three-month hold, incurring a loss of approximately $2.4 million.

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RAVE's 24-hour Trading Volume Surpasses $45 Million, On-chain Wallet Addresses Exceed 26,000

April 13th — GMGN market data shows RAVE’s 24-hour trading volume hit $45.95 million, with its current price at $8.46 (a 201.85% 24-hour gain) and 26,659 on-chain holding addresses. CoinGlass data reveals RAVE saw $38.44 million in liquidations over the past 24 hours — topping Bitcoin to rank first across the entire network. Of that total, $7.15 million was long liquidations and $31.29 million was short liquidations. Prior to this, EmberCN monitoring found RAVE whales controlled the spot price, then used derivatives contracts to "harvest" positions. Recently, they’ve leveraged on-chain activity to mislead users: Over the past 3 days, they transferred 30.58 million RAVE (worth $42 million) to Bitget to attract short sellers. Then, in the last 2 days, they withdrew 31.94 million RAVE from Bitget to on-chain wallets while aggressively pumping RAVE’s spot price on platforms like Bitget.

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