Research

Gate Research Weekly Report: After a sharp sell-off, the market has entered a consolidation phase, with BTC and ETH still capped by key moving averages. Capital is rotating back into high-beta sectors such as AI, signaling a modest recovery in risk appetite. Ethereum’s staking ratio has surpassed 30%, reaching a new all-time high and pointing to ongoing supply contraction and a rebalancing of liquidity structures. Zerohash’s integration with Monad and USDC is advancing the deployment of stablecoin payment infrastructure at the L1 level. Tether’s U.S. Treasury holdings continue to expand, accelerating the integration of stablecoins into the short-term interest rate system. Overall crypto market capitalization continues to decline, indicating that the market remains in a near-term de-risking phase. Meanwhile, Anchorage has completed a strategic financing round of approximately $100 million, with participation from Tether.

Gate Research Weekly Report: On Wednesday, Bitcoin surged more than 7%, breaking above the $70,000 level, while Ethereum rose 9% to surpass $2,100, pushing the total crypto market capitalization back above $2.5 trillion. Among altcoins, EDGE jumped 81% following its listing on a Korean exchange, while MANTRA surged 54% after the official announcement of its migration from the old OM token to the new MANTRA token. Meanwhile, tensions around AI military applications escalated as Palantir criticized Anthropic’s safety restrictions, while OpenAI’s annualized revenue exceeded $25 billion, marking a 230% year-over-year increase. Arthur Hayes also warned that the recent rebound may be a “dead cat bounce,” noting that BTC has not yet decoupled from SaaS tech companies.

Gate Options Daily Market Update.

Gate Research: Over the past week, macro uncertainty has continued to dominate market pricing. Escalating tensions in the Middle East, tariff expectations, and the ongoing AI narrative have reinforced risk-off sentiment, with capital rotating into defensive assets such as oil, gold, and the Japanese yen, putting pressure on risk assets. BTC declined sharply over the weekend amid thin liquidity conditions, while ETH underperformed BTC overall, leaving the market in a fragile post-deleveraging equilibrium. On-chain data shows event-driven spikes in DEX trading volume, while stablecoin supply has remained elevated but flat, suggesting capital is largely in a wait-and-see mode. In derivatives markets, open interest continues to decline and funding rates remain negative but stable, indicating that overall leverage in the system has been significantly reduced. Meanwhile, mid-tier protocols such as Hyperliquid and Jupiter recorded revenue growth, pointing to a modest rebound in on-chain trading activity. Overall, th

Gate Research: On March 4, the crypto market remained in a weak consolidation phase, with BTC and ETH trading in a narrow range after the previous pullback, while market sentiment stayed in the “extreme fear” zone. In this environment, capital has been rotating toward structural opportunities, with AI- and compute-related tokens such as PHA, AIXBT, and AKT showing relative strength, driven by narratives around confidential computing, technical rebound, and decentralized AI infrastructure. On the narrative side, AI and stablecoin infrastructure continue to draw attention. A recent study shows that 48.3% of AI decision scenarios selected Bitcoin as the preferred monetary instrument. Meanwhile, Circle launched the Nanopayments testnet, enabling ultra-small USDC payments and exploring AI agent–driven micropayment use cases. In addition, Gate introduced a TradFi trading API and adjustable leverage mechanism, further expanding its multi-asset programmatic trading infrastructure.

Gate Research Daily Report: On March 4, the crypto market remained in a weak consolidation phase, with BTC and ETH trading in a narrow range after the previous pullback, while market sentiment stayed in the “extreme fear” zone. In this environment, capital has been rotating toward structural opportunities, with AI- and compute-related tokens such as PHA, AIXBT, and AKT showing relative strength, driven by narratives around confidential computing, technical rebound, and decentralized AI infrastructure. On the narrative side, AI and stablecoin infrastructure continue to draw attention. A recent study shows that 48.3% of AI decision scenarios selected Bitcoin as the preferred monetary instrument. Meanwhile, Circle launched the Nanopayments testnet, enabling ultra-small USDC payments and exploring AI agent–driven micropayment use cases. In addition, Gate introduced a TradFi trading API and adjustable leverage mechanism, further expanding its multi-asset programmatic trading infrastructure.

Gate Research: Over the past week, BTC experienced a sharp pullback on the 4-hour timeframe before gradually entering a low-level consolidation phase. ETH has underperformed BTC during the same period and remains in a downside structure. NEAR has gained approximately 39.62%, making it the top performer in this cycle. Arbitrum recorded a single-sided net outflow of about $235 million, with capital primarily reallocating to Base and other ecosystems. Amid geopolitical tensions, some capital has rotated into safe-haven assets, while other funds have shifted toward on-chain macro trading and hedging strategies—reflecting portfolio rebalancing rather than a broad-based sell-off. Meanwhile, increased activity on Polymarket has driven higher Polygon fee revenue, highlighting how real-world events are accelerating the conversion of macro narratives into on-chain cash flow.

e Research: Against the backdrop of heightened macro volatility and stronger cross-market linkage in 2026, Gate has structured macro trading into two complementary tracks and embedded it as account-level infrastructure: Gate TradFi (MT5+CFD) offers a professional on-ramp that aligns more closely with traditional rules and cost structures, while Gate Macro Perpetuals bring equities, metals, indices, FX, and commodities into a unified USDT-settled margin and risk-management framework within the futures account. As of February 11, Gate has listed 70+ macro perpetual contracts across five major asset categories; on the mechanism side, it uses Price-Hold to maintain pricing continuity during underlying market closures, and under position-splitting mode supports simultaneous long/short positions within the same market, mixed cross and isolated margin, and independent leverage settings for isolated long and short positions—thereby improving the executability of hedging, rebalancing, and strategy reuse.

Gate Research Daily Report: Amid ongoing economic uncertainty, Bitcoin remains within a downward channel. Ethereum is attempting to stabilize in the short term but has yet to achieve a decisive breakout above its key resistance zone. As risk appetite improved, FAI, SIREN, and BOBA surged more than 125%, 83%, and 58%, respectively, over the past 24 hours. Claude experienced a widespread service outage, affecting thousands of users globally. Digital asset investment products recorded $1 billion in inflows last week, ending a five-week streak of outflows totaling $4 billion. While tensions in the Middle East have heightened short-term volatility, the long-term outlook remains intact, with some traders positioning for a potential rebound.

Following the joint U.S.–Israel airstrikes on Iran, gold and crude oil gapped higher at Monday’s open, while global equities opened lower and Bitcoin volatility intensified. Prediction markets suggest that the probability of a full-scale war remains relatively low, though the risk of disruptions to the Strait of Hormuz is not negligible. If tensions ease on a temporary basis, commodity prices could see a meaningful pullback. Conversely, further escalation would raise the risk of another sharp surge in gold and oil prices. Bitcoin may face near-term pressure, with its medium-term trajectory likely dependent on global liquidity conditions. Gate has now launched trading segments covering metals, equities, indices, foreign exchange, and commodities. Through Gate TradFi, investors can access 24/7 trading to respond swiftly to market developments and capture emerging opportunities.

Gate Research: The depreciation of the USD is the result of long-term shifts in real purchasing power, fiscal dynamics, and real interest rates. Regulatory constraints within the traditional banking system have created offshore demand for dollars, which stablecoins are increasingly absorbing. The quality of collateral, transparency, and issuer credibility are becoming the key determinants of stablecoins’ price stability, liquidity priority, and long-term capital preference. Looking ahead to 2026, stablecoins are more likely to function as a “reservoir” and distribution layer for dollars, with their reserve-driven demand for short-term treasuries in turn beginning to influence the dollar’s own pricing structure.

Gate Research: On March 2, the crypto market continued to experience high-volatility consolidation, with BTC fluctuating around the $66,000–$67,000 range and ETH staging a recovery but failing to break out, while overall risk appetite remained subdued. Escalating tensions in the Middle East and sustained volatility in oil prices have increased macro uncertainty, with the Fear & Greed Index dropping to 10. Clear divergence emerged among small-cap and thematic tokens: SYND surged on exchange incentives and ecosystem partnership catalysts, ARC gained momentum on renewed AI narrative rotation, and CFG attracted buying interest following its listing on a Korean exchange, indicating that short-term price action is largely event-driven. On the headlines front, X lifted its ban on paid crypto promotions while strengthening disclosure requirements; SpaceX reportedly moved forward with a confidential IPO filing and disclosed holdings of 8,285 BTC; and Vitalik emphasized that AI is significantly accelerating Ethereum’s

Gate Research Daily Report: On March 2, the crypto market continued to trade in a high-volatility consolidation pattern, with BTC repeatedly fluctuating within the $66,000–$67,000 range and ETH rebounding but still in the process of trend confirmation, as overall risk appetite kept contracting. Escalating geopolitical tensions in the Middle East heightened macro uncertainty, driving gains in oil and gold, while the Fear & Greed Index fell to 10. Structurally, clear divergence emerged among small-cap and thematic assets: SYND surged on exchange incentives and ecosystem partnership catalysts, ARC strengthened amid renewed AI narrative rotation, and CFG attracted buying interest following its listing on a Korean exchange. On the industry front, X lifted its ban on paid crypto promotions while tightening disclosure requirements, SpaceX advanced its IPO plans and disclosed holdings of 8,285 BTC, and Vitalik noted that AI is significantly accelerating Ethereum’s development process, underscoring that innovation and

Gate Research Daily Report: On February 27, BTC rebounded after a sharp drop to $62,501 and is now consolidating above $67,000; ETH recovered from the $1,800 level and is holding near $2,020 in a high-level range; GT is showing a rebound-driven consolidation structure; POWER led the market with a +113.53% surge, while small-cap tokens such as DENT and RAVE also posted strong gains. A suspected insider earned over $411,000 on Polymarket by betting on ZachXBT’s allegations against Axiom; claims that Jane Street “manipulated the 10 a.m. Bitcoin dump” lack data support, with analysts pointing instead to ETF authorized participant mechanics; Circle shares broke above $90, with analysts saying the stock has “clearly decoupled” from broader crypto trends, as applications like Polymarket are seen as new growth drivers for USDC.

Gate Research Daily Report: On February 27, BTC rebounded after a sharp drop to $62,501 and is now consolidating above $67,000; ETH recovered from the $1,800 level and is holding near $2,020 in a high-level range; GT is showing a rebound-driven consolidation structure; POWER led the market with a +113.53% surge, while small-cap tokens such as DENT and RAVE also posted strong gains. A suspected insider earned over $411,000 on Polymarket by betting on ZachXBT’s allegations against Axiom; claims that Jane Street “manipulated the 10 a.m. Bitcoin dump” lack data support, with analysts pointing instead to ETF authorized participant mechanics; Circle shares broke above $90, with analysts saying the stock has “clearly decoupled” from broader crypto trends, as applications like Polymarket are seen as new growth drivers for USDC.