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 28): U.S. Department of Justice seizes $580 million in crypto assets; Morgan Stanley applies for crypto custody license

Gate Daily (February 28): U.S. Department of Justice seizes $580 million in crypto assets; Morgan Stanley applies for crypto custody license

Bitcoin fell back to $65,850 under the influence of US PPI data. As Morgan Stanley actively invests in digital assets and the effectiveness of US anti-fraud enforcement becomes evident, market sentiment has been hit. The rise in PPI has sparked inflation concerns, affecting US stock performance and leading to liquidity shortages in Bitcoin and other cryptocurrencies.

Trump Media considers spin-off listing! The future of the crypto ETF plan remains a mystery

Trump Media is considering spinning off its social media platform Truth Social into an independent publicly traded company to create shareholder value. The fate of the cryptocurrency plans after the spin-off is unclear, and the market is paying close attention. DJT stock did not rise after the announcement; instead, it fell about 2.10%, indicating a lack of market confidence.

Former Mt. Gox CEO proposes a Bitcoin hard fork to recover $5.2 billion

Former Mt. Gox CEO Karpelès proposes a hard fork of Bitcoin to recover approximately 79,956 Bitcoins stolen in 2011. The proposal suggests adding consensus rules to allow funds to be returned to creditors through court proceedings, but it faces concerns about undermining Bitcoin's immutability and the risk of chain splits. This proposal is currently mainly to spark discussion and has not been implemented.

Why did Bitcoin drop today? PPI surges and the UK credit crisis hit from both sides

Bitcoin today fell due to the US January PPI data exceeding expectations, the bankruptcy of UK MFS triggering credit panic, and pressure on tech stocks. The rise in core PPI has intensified inflation concerns, and uncertainty in Federal Reserve policies has increased. $64,000 is a key support level; a break below could potentially trigger deeper liquidity issues.

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Silver Price Approaches Final Barrier: Sky Is the Limit Above $100

Silver has been an interesting story lately. On January 29, the metal printed a historic high at $121 per ounce, which marked a fresh all-time record. The move was explosive and many investors didn’t expect it. But the euphoria did not last long. By February 6, silver had collapsed to $64, wiping o
CaptainAltcoin·36m ago

Bitcoin funding rates turn fully negative, analyst: short squeeze conditions are gradually taking shape

Bitcoin perpetual futures funding rates turn negative, indicating a bearish market dominance. Analysis suggests that if the macro environment improves, it could trigger a short squeeze and push prices higher. Retail trading is active, but whale movements point to the opposite market sentiment, requiring a comprehensive analysis of multiple indicators to assess market trends. Bitcoin is currently consolidating around $68,000, down 46% from its all-time high.
MarketWhisper·43m ago
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Ripple Tokenization: $280 million worth of diamonds, XRPL RWA market cap surpasses $1.9 billion

Ripple's Ripple Custody assisted Ctrl Alt and Billiton Diamond in completing diamond tokenization transactions worth over $280 million, bringing their certified polished diamonds onto the XRPL blockchain, promoting the development of real-world asset tokenization. This transaction demonstrates the potential of XRPL in high-value asset on-chain applications and helps improve market transparency and efficiency.
XRP-8.42%
MarketWhisper·50m ago
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YZi Labs accuses 10X Capital of concealing over 5% ownership, raising suspicions of an shadow group behind the poison pill plan

YZi Labs accuses Hans Thomas, a board member of CEA Industries Inc., of controlling 10X Capital-related entities that failed to report their holdings, exceeding the SEC's 5% mandatory disclosure threshold. The allegations state that the exercise of warrants related to 10X Capital brought their ownership to 5.39%. Additionally, the poison pill plan approved by the board may constitute coordinated action and raise SEC regulatory concerns. YZi Labs is still awaiting a response and emphasizes that it will ensure shareholders are informed.
MarketWhisper·56m ago
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SBI Holdings Yen Bonds Tied to XRP Attract Customers, Rewards Only $129,000 Spark Controversy

Japan's SBI Holdings plans to issue a three-year bond worth 10 billion yen in 2026, with XRP rewards to attract new users. However, the reward amount accounts for only 0.2% of the issuance scale. XRP is used as a marketing tool, not involved in settlement, and the reward mechanism has strict conditions, resulting in a minimal impact on investment returns. SBI hopes to use this model to increase the number of customers and may launch similar products in the future.
XRP-8.42%
ETH-9.54%
MarketWhisper·1h ago
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The Federal Reserve Is Trapped – What That Means for Crypto

_January PPI was also higher than expected at 2.9% YoY with Core PPI almost hitting its high point in almost a year._ _The growth in the US Q4 GDP was reduced to 1.4 and is the lowest in three quarters leading to stagflation in the markets._ _Since 2020, inflation-adjusted real wages
BTC-6.66%
LiveBTCNews·1h ago

OCC Expands Trust Bank Services, Ripple Opens U.S. Banking System Channel

The U.S. Office of the Comptroller of the Currency has revised trust bank regulations, allowing national trust banks to engage in non-trust activities, eliminating previous compliance concerns. As a result, crypto companies like Ripple and Circle can now enter the U.S. banking system, promoting integration between the industry and traditional finance. At the same time, the Federal Reserve plans to streamline main accounts, which will allow these companies to access payment systems, but they face opposition from the banking industry.
ETH-9.54%
SOL-11.52%
USDC-0.01%
MarketWhisper·1h ago
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