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 (March 12): Wells Fargo submits WFUSD application; Ledger reveals MediaTek chip leak of recovery phrases

Gate Daily (March 12): Wells Fargo submits WFUSD application; Ledger reveals MediaTek chip leak of recovery phrases

Bitcoin temporarily reports $69,980, driven by CPI data. Wells Fargo applies for WFUSD trademark to explore crypto business, Ledger reveals MediaTek chip vulnerability. U.S. stocks mostly close lower as markets focus on Middle East tensions. Investor sentiment remains stable, with overall performance flat.

SEC and CFTC sign memorandum to end the battle over cryptocurrency regulation dominance

The U.S. SEC and CFTC have signed a Memorandum of Understanding to establish a regulatory coordination mechanism in the fields of cryptocurrency and related areas, aiming to address issues of unclear traditional jurisdiction. The memorandum emphasizes a "minimum effective regulation" strategy, intended to reduce intervention in market participants, promote market innovation, and provide a clearer compliance framework to enhance the United States' financial competitiveness.

Hyperliquid daily oil futures trading reaches 991 million, with a surge surpassing traditional markets amid Iran conflicts

DeFi derivatives platform Hyperliquid, amidst the Iran conflict, saw oil-linked perpetual futures trading volume reach $991 million, demonstrating the trading advantage of the crypto market when traditional markets are closed. The HYPE token experienced increased buyback demand due to a surge in trading volume, and its market capitalization also grew, reflecting active crypto trading influenced by geopolitical factors.

Why did Bitcoin rise today? CPI met expectations, and the Federal Reserve confirmed no change in policy

The US February Consumer Price Index met expectations, prompting Bitcoin prices to rebound to around $70,000. The CPI report reduced market uncertainty regarding the Federal Reserve's interest rate decisions, which is favorable for risk assets. Despite global market pressures, Bitcoin continues to benefit from short-term sentiment improvement, but rising energy prices could reignite inflation and impact liquidity. $72,000 is an important resistance level for Bitcoin; a breakthrough is needed for further upward movement.

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Revolut seeks full UK banking licence amid PRA review

Revolut full UK banking licence, what changes for customers now as reported by The Guardian (https://www.theguardian.com/business/2026/mar/11/british-fintech-revolut-gets-full-banking-licence), Revolut will receive a full uk banking licence this week. For customers, this is a change in
CoincuInsights·7m ago

Optimism's massive layoffs spread across the community! OP drops 55%, concerns arise over the future of the super chain

Ethereum Layer-2 network Optimism is undergoing more than 20% layoffs, according to internal employee discussions on social media. The layoffs involve multiple core departments, and the reasons are unclear, possibly to improve efficiency or respond to market pressures. The OP token has already fallen over 55% this year, and market sentiment remains cautious. The impact of these layoffs on the super chain project remains to be seen; in the short term, Base's operations are unaffected, but long-term development capabilities may face challenges.
OP0,67%
ETH0,79%
MarketWhisper·8m ago
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Gate Daily (March 12): Wells Fargo submits WFUSD application; Ledger reveals MediaTek chip leak of recovery phrases

Bitcoin temporarily reports $69,980, driven by CPI data. Wells Fargo applies for WFUSD trademark to explore crypto business, Ledger reveals MediaTek chip vulnerability. U.S. stocks mostly close lower as markets focus on Middle East tensions. Investor sentiment remains stable, with overall performance flat.
BTC-0,08%
ETH0,79%
PIXEL47,97%
SOL0,4%
MarketWhisper·25m ago
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SEC and CFTC sign memorandum to end the battle over cryptocurrency regulation dominance

The U.S. SEC and CFTC have signed a Memorandum of Understanding to establish a regulatory coordination mechanism in the fields of cryptocurrency and related areas, aiming to address issues of unclear traditional jurisdiction. The memorandum emphasizes a "minimum effective regulation" strategy, intended to reduce intervention in market participants, promote market innovation, and provide a clearer compliance framework to enhance the United States' financial competitiveness.
MarketWhisper·43m ago
news-image

Hyperliquid daily oil futures trading reaches 991 million, with a surge surpassing traditional markets amid Iran conflicts

DeFi derivatives platform Hyperliquid, amidst the Iran conflict, saw oil-linked perpetual futures trading volume reach $991 million, demonstrating the trading advantage of the crypto market when traditional markets are closed. The HYPE token experienced increased buyback demand due to a surge in trading volume, and its market capitalization also grew, reflecting active crypto trading influenced by geopolitical factors.
HYPE6,43%
MarketWhisper·50m ago
news-image

Why did Bitcoin rise today? CPI met expectations, and the Federal Reserve confirmed no change in policy

The US February Consumer Price Index met expectations, prompting Bitcoin prices to rebound to around $70,000. The CPI report reduced market uncertainty regarding the Federal Reserve's interest rate decisions, which is favorable for risk assets. Despite global market pressures, Bitcoin continues to benefit from short-term sentiment improvement, but rising energy prices could reignite inflation and impact liquidity. $72,000 is an important resistance level for Bitcoin; a breakthrough is needed for further upward movement.
MarketWhisper·55m ago
news-image

SEC and CFTC Sign Memo to Harmonize Crypto and Other Markets

Regulators in the United States are signaling a pivot from fragmented supervision toward a more coordinated approach to oversee evolving markets. In a joint memorandum released this week, the Securities and Exchange Commission and the Commodity Futures Trading Commission said it is a pivotal
CryptoBreaking·1h ago

Businesses are increasing Bitcoin accumulation, leading to a tightening of market supply

The accumulation of Bitcoin (BTC) by companies is rising, significantly impacting the cryptocurrency market. Public firms are buying BTC faster than miners can produce it, reducing supply on exchanges and potentially increasing price volatility. Companies like Metaplanet follow MicroStrategy's lead in holding Bitcoin as a long-term asset. The approval of Bitcoin ETFs and growing institutional interest further boost market demand, suggesting a positive long-term outlook despite potential price fluctuations.
BTC-0,08%
TapChiBitcoin·1h ago

ETH funding rate turns negative: Are ETH bears back in control?

Ether’s price trajectory has remained tepid as institutional interest wavered and on-chain activity cooled, even as Ethereum developers push forward with upgrades designed to improve scalability and wallet security. Over the last month, the asset has struggled to sustain above $2,100, with a
CryptoBreaking·1h ago