Gate Cryptocurrency News and Market Analysis

Zilliqa (ZIL) has dropped below $0.0040, indicating market weakness. On-chain data and derivatives suggest a bearish trend, with increasing selling pressure and a negative funding rate indicating further downside risk in the near future.

Big investors are accumulating Bitcoin amidst geopolitical tensions and macroeconomic instability, with large wallets adding over 61,000 BTC in a month. While some retail investors are also participating, the market sentiment remains fearful. The trend of withdrawing BTC from exchanges suggests a preference for storage rather than selling, which could reduce supply pressure. Despite this, some whales are opting to sell during price fluctuations, indicating a lack of consensus in the market.

_Alchemy Pay upgrades SFC license to boost crypto trading, stablecoin development, and digital asset services in Hong Kong and Asia._ Alchemy Pay has upgraded its Hong Kong license to expand crypto trading services. This step reinforces the role of the bridge between traditional finance and digital

Bitcoin’s price slipped once again on Friday morning, dropping to a multi-day low of $67,500 after it was rejected at nearly $69,000 hours ago. This means that the asset has lost approximately $4,500 in just a couple of days, as it peaked at $72,000 on Wednesday. The latest daily dip comes as the

_Aave Labs proposes sending all product revenue to the Aave DAO treasury under a new token-centric framework. Here is what it means._ Aave Labs has put forward a major governance proposal. It aims to redirect all product-layer revenue to the Aave DAO treasury.  The framework, dubbed “Aave Will

Fenbushi Capital co-founder Bo Shen has reignited the chase for assets stolen in a 2022 wallet breach tied to a compromised seed phrase. Shen announced a bounty of 10% to 20% of any recovered funds, payable to individuals or organizations contributing meaningfully to the recovery. In parallel, on-ch

The Federal Court of Australia fined Binance's local branch A$10 million for misclassifying over 500 investors, exposing them to high-risk crypto-asset derivatives, leading to losses over A$12 million. Binance admitted to significant compliance failures in client onboarding.

The global crypto market is experiencing a downturn, with a total market cap of $2.36T and significant declines in Bitcoin and Ethereum prices. Major gainers like Black Phoenix have surged dramatically. DeFi and NFT sectors are also seeing decreases, alongside regulatory actions in India and the UK.

US spot Bitcoin exchange-traded funds (ETFs) logged $171 million in outflows on Thursday, their biggest day of redemptions since March 3, when they posted $348 million in outflows.  BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the outflows with $41 million, Fidelity’s Wise Origin Bitcoin

Robert Kiyosaki, known for his financial insights, addresses criticism for his "get rich in a crisis" tweet while maintaining his prediction of a major economic crash in 2026. He emphasizes his investment strategy focusing on assets like Bitcoin and gold, avoiding traditional stocks and cash.

The UK sanctioned Xinbi to disrupt a $20 billion crypto-enabled scam and money laundering network globally. The authorities targeted the infrastructure for fraud ecosystems, especially in financial channels, marketplaces, and interconnected illicit services. The United Kingdom has recently sancti

Tether has hired KPMG for a comprehensive audit of its $184 billion USDT stablecoin, along with PwC to prepare for the process. This comes amid plans to register USDT under the GENIUS Act, addressing transparency concerns over its reserves.

Cache Wallet partners with EmoFi in a groundbreaking partnership, as the Web3 ecosystem evolves from the transfer of simple assets to the creation of tokenized forms of human data. This development represents the intersection of technology, economics, and distributed/decentralized systems using