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.
BlockFills suspends withdrawals after a $75 million loss; CEO resigns

BlockFills suspends withdrawals after a $75 million loss; CEO resigns

BlockFills has suspended all customer deposits and withdrawals, and due to losses of approximately $75 million from its crypto asset lending business, CEO Nicholas Hammer has resigned, with Joseph Perry taking over. Market volatility has led to a decline in collateral value, resulting in irreparable losses and revealing the company's structural weaknesses. The current status of customer funds is unclear, with some customers having completed withdrawals before the freeze.

IMF Warning: U.S. Inflation Unlikely to Reach Target Before 2027, Federal Reserve Rate Cut Delayed

The International Monetary Fund (IMF) report states that U.S. inflation will not reach the 2% target until early 2027, indicating that high interest rates will persist. The fiscal deficit is projected to remain between 7% and 8% of GDP, warning of rising government debt. The IMF recommends fiscal consolidation instead of tariffs to reduce the deficit, which differs from the Trump administration's strategy. The report shows that room for interest rate cuts is structurally constrained, which also impacts the cryptocurrency market.

Why did Bitcoin rise today? Jane Street sued to end the "10 a.m. sell-off"

Bitcoin rebounded strongly on Wednesday, breaking through $70,000 and ending its decline since October. The market generally associates this rebound with the lawsuit against Jane Street, believing that structural selling pressure may have eased. Major cryptocurrencies all recorded double-digit gains, and market sentiment has significantly improved. Technical analysis shows support at $64,000, and breaking above $71,000 will be a key indicator of the rebound.

Gate Daily (February 25): Trump will not pardon FTX founder SBF; Meta plans to re-enter the stablecoin market in the second half of the year

Bitcoin (BTC) experienced a sharp short-term rebound, temporarily trading around $65,810 on February 25, following the rebound of the US stock market. A White House spokesperson revealed that President Trump will not pardon FTX founder Sam Bankman-Fried. Sources familiar with the matter disclosed that Meta plans to re-enter the stablecoin sector in the second half of this year.
02-25 01:34
Market Whisper

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Why UK Investors Can No Longer Buy Crypto ETNs Inside ISAs

The UK investment landscape will change sharply this April. Retail investors will lose access to crypto exchange traded notes inside their Individual Savings Accounts. The UK crypto ISA ban follows a regulatory shift by HMRC that reclassified crypto ETNs into a wrapper that mainstream platforms do n
BTC4.59%
ETH8.47%
Coinfomania·6m ago

DOJ BUSTS Jane Street – Crypto Manipulation EXPOSED!

Real World Assets (RWAs) have reached a milestone with a market cap exceeding $15 billion, reflecting significant growth and engagement in tokenized finance. They bridge traditional finance and decentralized systems, driven by stable assets like U.S. Treasuries and institutional involvement, enhancing market credibility and liquidity.
XAUT-0.07%
DEFI19.81%
Coinfomania·23m ago

GENIUS Act Proposal Enters Feedback Stage at OCC

_OCC opens feedback on GENIUS Act stablecoin proposal, seeking comments to refine safety rules, reserves standards, and banking oversight nationwide._ The Office of the Comptroller of the Currency has opened a feedback stage. The proposal is seeking comments on the implementation of the
LiveBTCNews·36m ago

Silver Price Repricing Underway: Why the Next Leg Could Shock Markets

The Silver price pulled back today, dipping from around $91 to roughly $88 per ounce. After a powerful multi-week rally, some cooling was expected. But one analyst argues that this move is just noise within something much bigger. JoeLange posted a detailed thread outlining what he sees as
XRP5.56%
CaptainAltcoin·36m ago

Beware! Six common criminal behaviors in cryptocurrency money laundering, these legal red lines must not be crossed

Authored by: Xiao Sa Legal Team The six core service types of Chinese Money Laundering Networks (CMLNs) revealed in Chainalysis' 2026 Cryptocurrency Money Laundering Report—running points, mule teams, underground OTC, Black U, crypto gambling, and token mixing—have become the prevalent criminal activity patterns in current cryptocurrency crimes. Combining the Criminal Law and the latest judicial interpretations and typical cases from the "Two Supreme" authorities, this article will provide a professional analysis of the application of criminal charges, the boundaries of criminal offenses, and the determination of subjective intent for these six service types. It aims to clarify the legal red lines for each behavior, offering references for criminal justice practice and compliance in the crypto industry. One. Running Point (Running point brokers) Running point, as the initial entry point for illegal funds into the cryptocurrency system, involves recruiting individuals to rent out bank accounts and digital wallets.
TechubNews·54m ago

Why GD Culture is Selling Bitcoin to Rescue Its Falling Stock

GD Culture has surprised markets with a bold financial pivot. The company received board approval to sell part of its 7,500 Bitcoin holdings. It plans to use the proceeds to fund a 100 million dollar share repurchase. Investors now debate whether this Bitcoin share buyback can stabilize its
BTC4.59%
Coinfomania·55m ago

ETHZilla rebrands as "Forum Markets": Splitting from DAT's strategic shift towards asset tokenization, it's both a "breakthrough" and a "upgrade"

Written by: Glendon, Techub News As the cryptocurrency industry accelerates its shift toward compliance, institutionalization, and asset integration, transitioning into the asset tokenization sector seems to be the inevitable trend for the entire industry. Once a leading company among Ethereum treasury firms, ETHZilla Corporation announced yesterday that it has officially changed its name to Forum Markets, Inc., and will conduct its future business under the Forum brand. This marks a strategic pivot for the company, which was previously known for "holding coins," as it adopts a new identity as a platform for tokenizing real-world assets (RWA), embarking on a survival and future-oriented strategic breakthrough. Approved by Nasdaq, the company's common stock will be listed on March 2
ETH8.47%
TechubNews·1h ago
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