Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily (February 13): Standard Chartered Bank warns Bitcoin may drop to $50,000; PGI CEO sentenced to 20 years in prison for $200 million scam

Gate Daily (February 13): Standard Chartered Bank warns Bitcoin may drop to $50,000; PGI CEO sentenced to 20 years in prison for $200 million scam

Bitcoin (BTC) continues its sluggish trend, trading around $66,050 on February 13. Standard Chartered Bank warns that Bitcoin may drop to $50,000 before rebounding, with a year-end target price lowered to $100,000. The U.S. Department of Justice announced that PGI CEO was sentenced to 20 years in prison for allegedly running a $200 million Bitcoin Ponzi scheme.

Federal Reserve Document Reveals: Cryptocurrency Derivatives Risk Weights Are Independent, Higher Volatility Requires Higher Margin

The Federal Reserve released new analytical recommendations on Wednesday, suggesting that cryptocurrencies be classified as a unique asset class used in "non-cleared" derivative markets (including OTC and other transactions not cleared through centralized clearinghouses) for initial margin requirements. The working paper notes that this is because cryptocurrencies are more volatile than traditional asset classes and do not fit into the asset class risk categories outlined in the standardized initial margin model (SIMM).

JPMorgan Turns Bullish Against the Trend! Bitcoin Bottom at 77,000, Betting on Hash Rate Rebound and Institutional Capital Flows

JPMorgan estimates the Bitcoin production cost has dropped to $77,000 due to recent declines in network hash rate and mining difficulty. The analyst team states that the decrease in mining difficulty alleviates pressure on remaining miners, but the rebound in hash rate indicates that difficulty and costs may rise during the next adjustment. JPMorgan remains optimistic about the crypto market in 2026, expecting institutional capital inflows to rebound, and the passage of the CLARITY bill will promote this trend.

Why did Bitcoin drop today? ETF outflows exceed $3.2 billion, and non-farm payrolls before CPI data crushed hopes for interest rate cuts.

Bitcoin drops to around $66,000, with US Bitcoin ETFs experiencing outflows of over $3.2 billion in the past 30 days. Data released on Wednesday shows that the US labor market in 2026 started stronger than expected, with non-farm payrolls increasing by 130,000 in January, well above expectations, and the unemployment rate decreasing from 4.4% to 4.3%. The January CPI release on Friday will be the next key point, with expectations of a 0.3% increase in both overall and core CPI month-over-month.

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Cardano Unlocks $80B Omnichain Treasury with LayerZero as Midnight Mainnet Nears March Launch

Cardano has secured the largest interoperability expansion in its history, integrating LayerZero's omnichain messaging protocol to gain direct access to over 400 tokens and \$80 billion in omnichain assets across 160+ blockchains. Founder Charles Hoskinson delivered the announcement at Consensus Hong Kong 2026, alongside confirmed timelines: USDCx lands by late February, and the privacy-focused partner chain Midnight goes live on mainnet in the final week of March. The CME Group simultan
CryptopulseElite·6m ago
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Will Bitcoin have a "red envelope market" during the 2026 Spring Festival? A review of the past 10 years of Bitcoin's Spring Festival price increases

Spring Festival is approaching, and attention is on BTC red envelope market. Over the past 10 years, 9 of those years have seen gains with an average of 11%, with the strongest increase of 24.7% in 2018, driven by year-end bonuses and red envelopes. However, ARK investment managers say the structure has changed, with ETFs absorbing 12% of supply and volatility dropping to 36%. Institutional re-accumulation has altered the explosive growth pattern, with ARK targeting a $1.5 million price in a bull market scenario by 2030.
BTC-1.5%
MarketWhisper·24m ago
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Trump and Russia’s New Energy Pact Could Change Global Markets—What’s Actually on the Table

Russia is contemplating a return to the US dollar settlement system amid talks of a significant economic partnership with President Trump. This shift could transform global trade dynamics, particularly in energy cooperation, impacting pricing, export routes, and corporate access to Russian resources, while reinforcing the dollar's dominance amidst rising de-dollarization trends.
BTC-1.5%
CaptainAltcoin·25m ago

How Does 2026 Chinese New Year Affects Bitcoin?

Chinese New Year historically triggers predictable Bitcoin patterns: 20% pre-holiday selloffs followed by 33% recoveries. According to 10x Research, buying BTC three days before and selling 10 days after generated 11% average ROI historically. China's 59.1 million crypto holders liquidate positions to fund celebrations, creating liquidity void that algos exploit.
MarketWhisper·34m ago
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Ripple’s Bank Charter Hangs on CLARITY Act as White House Sets March 1 Deadline—CEO Eyes $1 Trillion Prize

Ripple stands at the most consequential regulatory inflection point in its history. The company holds conditional OCC approval for a national trust bank charter—pending final sign-off—while the CLARITY Act, stalled since January with over 130 amendments, faces a White House-imposed March 1 deadline for banking and crypto industry consensus. Chief Legal Officer Stuart Alderoty described recent negotiations as “productive” and urged the industry to move “while the window is still open.” CE
CryptopulseElite·37m ago
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