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 27): Trump family’s mining company American Bitcoin loses $150 million; Goliath's former CEO arrested for Ponzi scheme.

Gate Daily (February 27): Trump family’s mining company American Bitcoin loses $150 million; Goliath's former CEO arrested for Ponzi scheme.

Bitcoin (BTC) retreated to $67,000 on February 27. The Trump family’s American Bitcoin company posted a full-year loss of $152.8 million, falling short of expectations. Meanwhile, former CEO of Goliath Ventures was arrested for involvement in a $328 million crypto Ponzi scheme. Overall market liquidity remains sluggish, with both institutional and retail investors in a selling stance. Future developments will continue to depend on the Federal Reserve’s monetary policy.

CRCL stock price breaks above $90, Circle's earnings surpass expectations, decoupling from the crypto market

Circle (CRCL) stock price briefly surged past $90 after the earnings report, reaching a recent high and continuing approximately a 30% increase. Bernstein and Mizuho Securities both issued ratings on its future performance, with Bernstein predicting a target price of $190, and Mizuho raising its target to $90. The earnings report showed revenue growth and diversification for Circle, especially with an increased proportion of USDC held in-house. Additionally, the activity level of the predictive market Polymarket is seen as a key factor for sustained growth, but the risk of rate cuts could impact reserve income and stock performance.

"Buy Bitcoin" Google searches hit a five-year high, Trump’s one statement liquidates $120 million in shorts

This week, global searches for "buy Bitcoin" reached the highest level in nearly five years, reflecting a renewed investor willingness to enter the market. Influenced by Trump's State of the Union proposal to ban congressional stock trading, market sentiment quickly improved, leading to a large-scale short squeeze. On-chain data shows an increase in whale holdings and strengthened accumulation signals, suggesting the market may be facing a turning point, but multiple factors need to be considered to determine the price trend.

Why did Bitcoin drop today? Increased uncertainty in US-Iran nuclear negotiations, and the $71,000 fake breakout exposed the essence of short squeeze.

Bitcoin recently retreated from $71,000 to $67,000, mainly due to false breakouts caused by forced short liquidations and increased market risk premium from ongoing uncertainties in US-Iran nuclear negotiations. On the technical side, $71,000 is a major resistance level; if it cannot be effectively broken through, it will impact the short-term trend. The decline in open interest indicates market deleveraging, and the price increase lacks sustainable support.

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Nvidia's earnings report day drops 7%! JPMorgan sets a $265 target price, but the market is not buying it

NVIDIA's Q4 earnings exceeded expectations, but the stock price plummeted nearly 7%, with concerns raised over slowing growth momentum and customer concentration risk as indicated by the market. Despite significant institutional investment, the stock price did not show a clear upward trend, reflecting market contradictions regarding future prospects. On the technical side, recent price movements and indicators also suggest potential downside pressure. Overall, the market remains cautious about NVIDIA's outlook, especially given the risks associated with high customer concentration.
MarketWhisper·14m ago
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Block lays off 4,000 employees, stock price soars 24%, AI-driven efficiency restructuring roadmap established

Payment company Block Inc. announced layoffs of over 4,000 people, approximately half of its total workforce, as AI automation efforts require a leaner team. Despite the layoffs, the company’s Q4 earnings exceeded expectations, causing the stock price to surge over 24% in after-hours trading. This move demonstrates corporate confidence in AI technology and predicts that other companies will follow similar restructuring.
MarketWhisper·19m ago
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The new generation of the payment industry: trillion-dollar unicorn Stripe may acquire PayPal, heavily investing in stablecoins and AI

Written by: Nancy, PANews PayPal, the pioneer of payments, may be acquired, and the rumored buyer is the yet-to-be-listed new payment giant Stripe. Two representative companies from the internet era, with two completely different payment strategies, have now taken divergent paths: one has achieved a $159 billion high valuation halo, while the other, after its moment in the spotlight, is entering a long revaluation cycle. To date, this emerging star has not yet rung the bell on the Nasdaq, choosing to retain strategic freedom before going public, and is accelerating investments in stablecoins and AI, pouring heavy funds into new financial tracks. A turning point in the payments world, rumored to be acquiring the pioneer PayPal In the global payments landscape, the trend is quietly shifting. According to Bloomberg, citing sources familiar with the matter, Stripe has expressed interest in a potential acquisition of PayPal or its assets.
PYUSD-0.01%
USDC0.01%
BTC-1.34%
TechubNews·21m ago

Block Inc. Cuts 40% of Staff to ~6,000 in AI-Driven Restructuring, Shares Jump 20%+

Block Inc. (NYSE: XYZ), the fintech company led by Twitter co-founder Jack Dorsey, announced on February 26, 2026, that it is reducing its global workforce by approximately 4,000 employees, or nearly 40%, from over 10,000 to just under 6,000, citing the transformative impact of artificial intelligence on its operations.
BTC-1.34%
CryptopulseElite·24m ago
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Bitcoin futures and options markets are cautious, with annualized premiums dropping to 2%, warning of upward resistance

Bitcoin recently tested the $70,000 level, but the futures and options markets show that traders are cautious about a rebound. The annualized futures premium is only 2%, while the put option premium reaches 14%, indicating a strong market sentiment of risk aversion to downside. Recently, Bitcoin's decline has been related to concerns over quantum computing, liquidation events in the crypto market, and other factors. Additionally, ETF capital inflows remain steady into the spot market, but there is a divergence in sentiment between the derivatives market.
MarketWhisper·26m ago
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Gate Daily (February 27): Trump family’s mining company American Bitcoin loses $150 million; Goliath's former CEO arrested for Ponzi scheme.

Bitcoin (BTC) retreated to $67,000 on February 27. The Trump family’s American Bitcoin company posted a full-year loss of $152.8 million, falling short of expectations. Meanwhile, former CEO of Goliath Ventures was arrested for involvement in a $328 million crypto Ponzi scheme. Overall market liquidity remains sluggish, with both institutional and retail investors in a selling stance. Future developments will continue to depend on the Federal Reserve’s monetary policy.
BTC-1.34%
DOT-2.75%
ADA-2.93%
MarketWhisper·33m ago
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Futures and Options Market Signals Caution as BTC Chases $70K

Bitcoin has inched back toward the $70,000 mark, but traders remain wary as derivatives signals fail to echo the price recovery. On Wednesday, the benchmark cryptocurrency briefly touched the round level after a Tuesday dip to around $62,500, a move that was supported by a fresh wave of inflows
CryptoBreaking·43m ago
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