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.
Iran is hit by US and Israel airstrikes! Bitcoin drops sharply, approaching $63,000

Iran is hit by US and Israel airstrikes! Bitcoin drops sharply, approaching $63,000

After the United States and Israel conducted airstrikes on Iran, Bitcoin dropped about 3% within a few hours, approaching $63,000, the lowest since February. This event marks an escalation in tensions between the US and Iran, and Bitcoin, as a liquidity asset traded around the clock, has become an immediate reflection of geopolitical concerns. If the conflict intensifies, it could impact global energy prices and supply chains, further affecting the performance of risk assets.
02-28 08:42
Market Whisper

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.
02-28 06:23
Market Whisper

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.
02-28 01:08
Market Whisper

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.
02-28 01:01
Market Whisper

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Here’s Where Cardano (ADA) Price Is Headed in March

Cardano steps into March after a tough February. On the monthly chart, ADA has closed the month with a decline of around 13.77%. This is in the context of the wider pullback that is currently being felt across altcoins. The geopolitics and the rise in fear have led to volatility in the
ADA3,21%
DEFI-4,76%
DOT0,85%
NIGHT2,92%
CaptainAltcoin·22m ago

Aave Vote Advances Plan to Send 100% Revenue to AAVE Token

_Aave governance advances plan to route 100% protocol revenue to the AAVE token as the proposal moves into the ARFC review phase._ Aave has advanced a governance proposal to direct 100% of product revenue to the AAVE token after passing its Temperature Check, the first formal voting stage.
AAVE5,13%
LiveBTCNews·56m ago

Minnesota Weighs Total Ban on Bitcoin and Crypto ATMs

In brief Lawmakers in Minnesota are considering a total ban on crypto ATMs. The state passed a regulatory framework for the machines in 2024. Countries like New Zealand have recently imposed sweeping bans. Lawmakers in Minnesota are considering a total ban on crypto ATMs, with
BTC1,45%
Decrypt·1h ago
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