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spa

RootData released the sixth issue of the cryptocurrency exchange transparency ranking (stock category), with Gate and Bitget rising to 3rd and 4th place, respectively

Web3 asset data platform RootData released the sixth issue of the "Cryptocurrency Exchange Transparency Ranking (Stock Category)," continuing to focus on the growth trend of stock assets in cryptocurrency exchanges. In this issue, Binance, OKX, Gate, Bitget, and Bybit ranked in the top five.According to the ranking, most cryptocurrency exchanges saw an increase of around 10% in trading volume over the past week, reversing a downward trend that had persisted for several weeks, but the traffic remained mostly flat compared to last week, with no significant signs of rebound.In terms of ranking changes, Gate and Bitget both moved up one position, while Bybit dropped two positions. Bitget launched the first Pre-IPO project SpaceX (SPCX) in this issue, connecting the Pre-IPO product framework with traditional capital markets, enhancing the richness and institutional attributes of its "tradable stock assets," which is an important reason for the score increase this time.It is reported that RootData adheres to the "transparency first" principle and has taken the lead in establishing a dual evaluation system of "transparency + liquidity" in the field of stock cryptocurrency exchanges, thereby providing investors with more effective data references. The ranking will continue to be improved and published in the future.

Polymarket predicts a 46% probability that SpaceX's IPO closing market value will exceed $2 trillion, and the first subscription for Gate Pre-IPOs SPCX will begin

Gate, as the first centralized exchange to connect to Polymarket, shows that the probability of a closing market value forecast of over $2 trillion for the SpaceX IPO is about 46%, making it the highest probability option currently.It is reported that Gate has launched the first phase of the Pre-IPOs project, SpaceX (SPCX). The subscription for this phase of SpaceX (SPCX) will be open from April 20, 2026, 18:00 to April 22, 18:00 (UTC+8), supporting participation in both USDT and GUSD. After the subscription is completed, the SPCX asset certificates are expected to be distributed before April 22, 22:00 (UTC+8) and will enter pre-market trading in a 100% unlocked form, with pre-market trading starting at April 24, 18:00 (UTC+8). The total subscription amount is 33,900 SPCX, with a total value of approximately $20.01 million, a unit price of $590, corresponding to an implied valuation of about $1.4 trillion.In terms of participation mechanism, Gate Pre-IPOs adopts "average locked amount per hour" for allocation, emphasizing early participation weight. The minimum participation threshold is 100 USDT, and no handling or custody fees are charged. Gate Pre-IPOs will continue to focus on early participation opportunities for high-quality projects before listing, providing users with a new entry point to access global quality assets.

TeraWulf's $900 million share issuance settles today, CleanSpark mined 658 BTC in March, increasing its holdings to 13,561 BTC

According to BBX data, yesterday the capital operations and hash rate data of mining companies were concentrated, with the following core dynamics:TeraWulf Inc. (NASDAQ: $WULF) announced on April 14 via GlobeNewswire that it has completed the pricing of a $900 million public common stock offering, raised from the initially planned $800 million, issuing 47,400,000 shares at a price of $19.00 per share, with underwriters holding an additional 30-day over-allotment option (up to 7,110,000 shares); this offering is expected to close today (April 16). The funds raised will primarily be used for the construction of the Hawesville AI data center campus in Kentucky and to repay bridge credit facilities.CleanSpark, Inc. (NASDAQ: $CLSK) released its March operational report on April 7 (data as of March 31), reporting the mining of 658 BTC in March, with an average daily output of approximately 21.24 BTC, a peak hash rate of 50.0 EH/s, and an average monthly hash rate of about 47.3 EH/s (an increase of 11% month-over-month); as of the end of March, the company's total BTC holdings were 13,561 BTC, with a cumulative output of 1,799 BTC since the beginning of 2026; the average selling price of BTC in March was approximately $71,396. The company has signed contracts for 1.8 gigawatts of power capacity, and CEO Matt Schultz stated that the company is actively advancing the signing of its first AI/HPC large-scale customer contract.

Gate will launch the first phase project of Pre-IPOs, SpaceX (SPCX), supporting dual currency subscription with USDT/GUSD and 100% unlock

The world's leading digital asset trading platform Gate will launch the first project of Pre-IPOs, SpaceX (SPCX), opening the subscription channel for pre-listing assets. This product supports participation in both USDT and GUSD, and after the subscription is completed, the SPCX asset certificate will enter the pre-market trading with a 100% unlock format.The subscription period is from April 20, 2026, 18:00 to April 22, 18:00 (UTC+8), and SPCX is expected to complete distribution before May 6, 18:00 (UTC+8). The total subscription amount is 33,900 SPCX, with a total value of approximately 20.01 million USD, a unit price of 590 USD, corresponding to an implied valuation of about 1.4 trillion USD.Mechanically, Pre-IPOs use "average locked amount per hour" for allocation, emphasizing early participation weight. After obtaining the asset certificate, SPCX supports pre-market trading or subsequent delivery. In addition, the minimum participation threshold for this subscription is only 100 USDT, and there are no hidden costs such as handling fees, custody fees, or profit sharing.Gate Pre-IPOs focuses on early participation opportunities for high-quality projects before listing, opening a new gateway for individual investors to access global quality assets. In the future, the platform will continue to expand more high-quality targets and product forms, promoting the industry towards a more open and efficient direction.

The Gate monthly report shows that wealth management and security are both strengthening, with transparency ranking second globally

Gate released its latest transparency report, with a simultaneous strengthening of its financial management and security systems. Against the backdrop of market fluctuations, Yu Bi Bao and on-chain earnings have achieved dual growth in user and fund scale, with on-chain earnings holding 3,084 BTC and 175,700 ETH, both reaching historical highs; the ETF business's trading volume in March exceeded 18 billion USDT, with continuous improvement in ecological participation.In terms of security and transparency, the platform's latest overall reserve coverage rate reached 122%, with a BTC reserve rate as high as 147%, and various assets maintaining excess reserves, further enhancing risk resistance capabilities. Additionally, in the RootData exchange transparency ranking, Gate ranked second globally, with its comprehensive strength continuously validated by the market. Furthermore, Gate continues to expand its global influence, partnering with the F1 Red Bull Racing team to host an F1 Japan Grand Prix viewing event in March, deepening brand connections and user engagement through high-profile collaborations. Gate has formed a synergistic effect in the growth of financial management scale, continuous improvement in transparency, and global brand expansion, further consolidating its leading position in the industry.

Bitget Q1 Transparency Report: The proportion of non-crypto asset trading volume rises to 40%, accelerating the trend of cross-asset allocation

Bitget's transparency report for the first quarter of 2026 released today shows that user trading behavior is accelerating its shift from single cryptocurrency assets to multi-asset portfolios. By the end of the first quarter, the trading volume of non-cryptocurrency assets such as commodities accounted for 20%-40%, while the proportion of cryptocurrency assets fell from its dominant position at the beginning of the year to 60%-80%. The fluctuation of this data marks that a panoramic asset portfolio has become a core strategy for high-net-worth investors.On the product and ecosystem level, Bitget released the white paper for the panoramic exchange UEX in the first quarter, further clarifying the direction of integration of cryptocurrency assets, tokenized assets, and AI-driven trading under a unified framework. At the same time, the platform continues to strengthen its AI trading infrastructure, successively launching Agent Hub and GetClaw, promoting the evolution of AI from an auxiliary tool to an execution system, allowing agents to access real-time market data, identify trading signals, and execute operations autonomously under established parameters.Bitget CEO Gracy Chen pointed out: "The boundaries between the cryptocurrency market and traditional finance are rapidly dissolving, and the explosive growth of CFD business indicates the arrival of a unified market. Users are no longer making binary asset choices but are engaging in efficiency games with diverse assets under the same logical system."

SpaceX is reported to hold $600 million in BTC, Morgan Stanley lowers the fee rate for ETFs, Strategy Q1 has an unrealized loss of $14.5 billion

According to BBX data, today (April 13), the U.S. Senate resumed its full session after the Easter recess, and cryptocurrency concept stocks maintained wide fluctuations under the dual variables of policy expectations and geopolitical pressures. The core dynamics are as follows:SpaceX (not listed) according to on-chain data from Arkham Intelligence and a report from The Information on April 11, currently holds 8,285 BTC, with a market value of approximately $603 million, custodied on the Coinbase Global, Inc. (NASDAQ: $COIN) institutional custody platform Coinbase Prime; for the fiscal year 2025, it is expected to record a net loss of nearly $5 billion due to acquisition expenses from its subsidiary xAI (compared to a profit of approximately $8 billion in the same period last year). On-chain data shows that this holding has not changed since mid-2024. It should be noted that the above holding data comes from a third-party on-chain tracking platform, and SpaceX has not officially disclosed it through official documents.Morgan Stanley (NYSE: $MS) launched the Morgan Stanley Bitcoin Trust (NYSE Arca: $MSBT) on April 8, with a management fee rate set at 0.14%, lower than BlackRock's iShares Bitcoin Trust (NASDAQ: $IBIT) at 0.25%; $IBIT currently has a management scale of approximately $55 billion, making it the most liquid Bitcoin spot ETF in the market. Analysts point out that the low fee rate of $MSBT, combined with Morgan Stanley's vast wealth management client network, poses a direct challenge to the existing funding landscape of IBIT, marking a shift in competition in the Bitcoin ETF market from "access competition" to "fee and distribution competition."Strategy, Inc. (NASDAQ: $MSTR) disclosed by Bloomberg on April 6, reported a paper loss of approximately $14.5 billion in Bitcoin holdings for Q1 2026, marking the worst quarter for Bitcoin since 2018 (with a decline of over 20% during the quarter); nevertheless, as of April 5, the company still holds 766,970 BTC, with a total holding cost of approximately $58.02 billion (average price $75,644), and during this period, it continued to purchase an additional 4,871 BTC, with founder Michael Saylor having not sold any holdings to date.
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