Gate Cryptocurrency News and Market Analysis

Ripple Chief Legal Officer Stuart Alderoty said on X that the White House meeting on Tuesday was "productive," with a strong atmosphere of compromise, and both parties still maintain consensus on legislation for the crypto market. Reports indicate that both sides made concessions, with banks willing to discuss stablecoin reward exemptions for the first time. The White House urges all parties to reach an agreement by March 1. However, Polymarket data shows that the probability of the bill passing this year has dropped from 70% to 56%.

Bearish Structure: SHIB trades below a descending trendline, confirming ongoing selling pressure and weak momentum. Key Support: $0.0000055 serves as critical support if sellers continue dominating price action. Resistance Levels: $0.0000065 and higher zones must break for a potential

Hoskinson hints at major February upgrades covering governance, privacy testing, and institutional ADA access. Whale accumulation rises while retail selling continues amid short-term ADA price weakness. ADA price faces pressure, with February developments likely shaping near-term market d

The U.S. Bureau of Labor Statistics will release the delayed January non-farm payroll data later on Wednesday evening. Investors expect an increase of 70,000 jobs in January, following a gain of 50,000 in December. The unemployment rate is expected to remain unchanged at 4.4%, and the year-over-year growth rate of average hourly earnings is forecasted to slow from 3.8% to 3.6%. TD Securities analysts are more cautious, predicting only a 45,000 increase in employment for January.

U.S. credit card balances reached a record $1.28 trillion in Q4, rising $44 billion. Debt levels increased 5.5% year over year as households face financial pressure. Elevated interest rates and inflation continue to drive reliance on revolving credit. U.S. consumers ended the fourth quarter

_Goldman Sachs discloses $2.3B crypto exposure through spot ETFs, signaling rising institutional confidence, regulatory engagement, and expanding Wall Street involvement._ Goldman Sachs has revealed $2.3B in crypto exposure through regulated spot ETFs. The disclosure reflects an increasing insti

BlackRock Bitcoin ETF (IBIT) options trading volume surges, becoming the ninth-largest options trading platform in the U.S. As of February 10, there are 7.33 million IBIT contracts active or open interest, ranking ninth among options linked to U.S. listed stocks, ETFs, and indices. The open interest of options linked to the SPDR Gold ETF is 6.44 million contracts, lower than IBIT.

Polymarket partners with Kaito AI to launch the "Attention Market," allowing users to bet on trend popularity and public opinion. Based on two main indicators—public sentiment share and emotional tone—the platform quantifies attention using social data. The project was launched in March and reached thousands of markets by the end of the year, with the initial focus on AI topics. Massachusetts and other states have banned prediction markets, leading Polymarket to sue the state, asserting federal regulation.

The Central Bank of Malaysia (BNM) announced that it will test the practical applications of Ringgit stablecoins and tokenized deposits in 2026, evaluating their impact on monetary and financial stability. The Digital Asset Innovation Hub (DAIH) has launched three initiatives: Standard Chartered Bank and Capital A are exploring inter-company stablecoin settlements, Malayan Banking and CIMB are testing tokenized deposit payments. The tests will cover domestic and cross-border payment scenarios, with some use cases considering Islamic law.

Galaxy Founder and CEO Mike Novogratz said at the CNBC Digital Finance Forum in New York on Tuesday that the era of speculation where investors expect outsized returns may be coming to an end as more risk-averse participants enter the crypto space. Bitcoin has fallen over 21% this year, dropping to $60,062 last week, a near 16-month low.

Michael Saylor reaffirmed Strategy's long-term commitment to Bitcoin, stating the company will not sell its holdings despite market volatility and losses. Strategy plans to continue quarterly Bitcoin purchases and maintains strong liquidity and financial stability.

Goldman Sachs invested over $260 million in XRP and Solana through U.S. spot ETFs, indicating a strategic shift from Bitcoin. The bank reportedly sees greater potential in these utility-focused altcoins, as evidenced by reduced Bitcoin holdings.

Alchemy Pay and HTF Securities have taken a decisive step to deepen their regulated footprint in Hong Kong’s digital-asset market, announcing that HTF’s Type 4 (Advising on Securities) licence has been formally uplifted to cover virtual asset advisory services. Alchemy Pay said the upgrade,