Gate Research: Bitcoin Mining Costs Continue to Rise | Launchpool Opens LIVE Token Sale

• Market Commentary: On August 29 , BTC rebounded slightly after a period of decline, while ETH showed a “rise first, then retreat” pattern within 24 hours.
• Trending Tokens: Boosted by the positive news of cooperation between the U.S. Department of Commerce, Chainlink, and Pyth Network, PYTH surged over 83%; W rose 36.74%, driven by market sentiment and the bidding narrative surrounding the StarGate acquisition event.
• Alpha Insights: Finastra partners with Circle to integrate USDC into its $5T global cross-border payments network.Bitcoin mining costs continue to rise, prompting miners to seek diversification strategies.Crypto firm Luxxfolio plans to raise $73M, shifting toward a Litecoin reserve strategy.
• Gate Launchpool: Gate currently offers subscription for SecondLive (LIVE). Users can stake USDT or LIVE to claim a share of 200,000 LIVE airdrop for free, available until September 4, 2025, 10:00 (UTC). SecondLive is the first AI-powered, self-evolving digital universe, integrating AI agents, AIGC tools, and blockchain technology to empower users, brands, and developers in creating immersive spaces and virtual avatars.

Discover more details today → Gate Research: Bitcoin Mining Costs Continue to Rise | Launchpool Opens LIVE Token Sale

Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.

Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
August 29, 2025

Gateway to Crypto
Trade over 5,200 cryptocurrencies safely, quickly, and easily on Gate
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate's official website
Download the Gate App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves