Gate Cryptocurrency News and Market Analysis

2026 Year of the Horse (Bing Wu Year) meme coins mainly feature Chinese themes, with "I’m on my horse" gaining the most attention, once soaring over 700%, with a market capitalization surpassing $52 million. The token name combines a Chinese swear word pun, quickly becoming popular in Chinese-speaking communities. Other popular ones include "Horse to Success" (a lucky phrase emphasizing the New Year atmosphere), "Dark Horse" (a narrative of reverse rise), "Crying Horse" (self-deprecating trapped emotions), "Teng Little Horse" (cute pet style), and others.

In 2026, the Year of the Horse, the Bank of Japan raises interest rates, triggering gold and Bitcoin volatility through arbitrage unwinding. Looking at 10-year returns, Bitcoin has gained 26,931.1%, while gold has increased by 7%. In terms of market value, gold is valued at 12-14 trillion, and Bitcoin at 1.74 trillion. The arbitrage unwinding explains the short-term sharp drop in Bitcoin, but both assets rise in the long term, reflecting the search for fiat currency alternatives. Gold is physically held by central banks with an annual supply increase of 2-3%, while Bitcoin has an intangible decentralized cap of 21 million coins.

Taiwan stocks closed for the Lunar New Year on February 11, entering the Year of the Horse, while global capital markets continue to operate. Key events during the Lunar New Year include US GDP and global PMI, with NVIDIA's earnings report on February 26 being the biggest focus. The five major market trends include emerging markets outperforming US stocks, small and mid-cap stocks leading blue chips, AI hardware outperforming software, and more. Risk tracking includes four assets: IGV, MOVE, silver, and Bitcoin.