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Gate Square New & Returning Creator Rewards are ongoing!
Your ideas may be more valuable than you think!
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🚀 Gate Research Institute Weekly Report
Here’s a summary of this week’s highlights in the crypto market:
1️⃣ BTC Performance:
Bitcoin ($BTC) showed volatility, reaching a weekly high of $109,702.5 before experiencing a pullback.
2️⃣ ETH Trends:
Ethereum ($ETH) remained range-bound, underperforming compared to BTC.
3️⃣ Political Developments:
Trump’s inauguration speech made no mention of cryptocurrency, leaving the market uncertain.
His pardon of Silk Road founder Ross Ulbricht sparked intense discussions within the crypto community.
4️⃣ Cuba’s Twitter Hack:
The official Cuban government Twitter account was hacked, leading to the promotion of unauthorized tokens.
5️⃣ RWA Protocol Growth:
Real-World Asset (RWA) protocol TVL surged by over 200%, reaching $7.3 billion year-on-year.
6️⃣ OP Token Unlock:
Optimism (OP) will unlock $52.97 million worth of tokens on January 31, representing 2.32% of the total supply.
🌟 Market Outlook:
Stay vigilant as market fluctuations persist. BTC and altcoins are showing mixed signals, while the DeFi and RWA sectors continue to grow rapidly.
#CryptoNews BTC #ETH SilkRoad #DeFi RWA #GateResearch Blockchain