Gate Insights and Crypto Market Analysis

Ethereum staking protocol Lido reported total revenue of $40.5 million for 2025, a 23% decline from $52.4 million in 2024, attributing the drop to user withdrawals (net staking outflows) and lower staking yields driven by network-wide APR compression.

Crypto Finance reports that on March 25, ARK Invest purchased Circle Internet Group (NASDAQ: CRCL) shares yesterday, totaling 161,513 shares with a total value of approximately $20.45 million. The stock closed down 20.11% yesterday.

Jinse Finance reports that a poll on March 25 showed Trump's approval rating fell to 36%, marking its lowest level since his return to the White House. The main reasons are rising oil prices and dissatisfaction with war against Iran, with only 25% approval on handling cost of living issues. Despite relatively solid support within the Republican Party, dissatisfaction with cost of living handling is rising.

Golden Finance reported that on March 25th, according to Onchain Lens monitoring, in the past 3 hours, two newly created wallets withdrew 67,111 ETH from Kraken, valued at $144.73 million, possibly related to Bitmine.

GameStop (NYSE: GME) reported fourth-quarter 2025 net sales of $1.104 billion on March 24, 2026, a 14% decrease from $1.283 billion in the same period a year earlier, while net income fell to $127.9 million from $131.3 million, as the videogame retailer continued to face pressure from the industry’s shift to digital downloads and weaker consumer demand.

Pi Network launched its second token migration, enabling users to transfer more Pi coins from the testnet to the mainnet. Participation requires completing 2FA authentication and KYC verification. Analysts predict the potential value of 21,000 Pi held by early miners under different price scenarios, ranging from $4,200 to $63,000. This move faces real market tests.

According to CNN, on March 24, Iranian sources revealed that the United States and Iran have made contact, with Iran willing to listen to proposals for ending the conflict. The two sides have not reached comprehensive negotiations and are currently reviewing specific agreements that include ceasefire and conflict resolution terms. Iran has demanded that any proposal must include the lifting of sanctions against it.

The crypto industry reviewed for the first time a revised version of the Senate's Digital Asset Market Clarity Act during a closed-door meeting on Capitol Hill in Washington, arguing that the stablecoin yield provisions are too narrow. The new language prohibits earning yield from holding stablecoins and restricts rewards similar to bank deposits. The bill faces obstacles in its advancement, with various parties needing to reach consensus on DeFi regulation and prohibitions on officials profiting from the crypto industry.

Crypto Finance News reports that according to Al Jazeera: Iran's Islamic Revolutionary Guard Corps Navy stated that it has forcibly expelled the container ship "Celine" due to the vessel not holding a permit to transit through the Strait of Hormuz. Iran's Islamic Revolutionary Guard Corps Navy stated that any vessels transiting through the Strait of Hormuz must fully coordinate with Iran's maritime sovereignty authorities. (Golden Ten)

JPMorgan Chase Chief Executive Officer Jamie Dimon stated that despite short-term risks posed by the Iran war, it could ultimately promote lasting peace in the Middle East. He noted that regional powers' interests are converging, and countries like Saudi Arabia and the UAE are eager for peace, a stark contrast to their stance two decades ago.

In brief NASA is shifting its Artemis strategy toward building a permanent base on the Moon. Administrator Jared Isaacman says the lunar surface will serve as a testing ground for Mars missions. The agency expects to invest about $20 billion over seven years to build the base through

On the Pump.fun platform, over 50% of traders recorded losses, indicating that market profits are highly asymmetrical. The top 250 deployers extracted $79 million from retail traders within six months, with most tokens lacking market value. The platform's $PUMP token price declined 80%, and unfulfilled airdrop promises have sparked community dissatisfaction.

Paxos has partnered with the Solana Developer Platform to enhance enterprise capabilities in stablecoin issuance, global payment orchestration, and self-custody solutions. This collaboration aims to streamline financial transactions and ensure compliance for tokenized products.

GameStop Corp. announced its fiscal 2025 fourth quarter financial results with net sales of $1.104 billion, down year-over-year; operating income of $135.2 million, up year-over-year; adjusted net income of $291.4 million, up year-over-year; and cash balance reaching $900 million, a significant increase.

Cardano (ADA) has been stagnant for nearly two months, lagging behind the market despite a recent uptick in Bitcoin and other altcoins. To regain momentum, ADA must overcome key resistance levels at $0.245 or $0.30. Signals of a potential bottom are emerging, suggesting it may be an attractive accumulation period for long-term investors.

Cathie Wood-led ARK Invest purchased 161,513 shares of Circle Internet Group (NASDAQ: CRCL) on March 24, 2026, worth approximately $16.3 million, as the USDC issuer’s stock tumbled 20% following a series of negative catalysts including restrictive stablecoin legislation, freezing of USDC wallets linked to an ongoing civil case, and increased competition from Tether’s audit progress.

March 24 — According to Bloomberg, Norway's sovereign wealth fund has saved "billions of kroner" in costs by using artificial intelligence in trading and investment decisions, but these gains will not lead to layoffs, according to the fund's chief executive. Nicolai Tangen, chief executive of the fund, said in an interview on Tuesday: "You should introduce artificial intelligence in society to enhance productivity and value creation, rather than using it to reduce headcount." He also characterized such layoff actions as "destructive."

Jinse Finance reports that on March 25, according to The Information: SpaceX plans to submit its IPO application as early as this week, and SpaceX may raise over $75 billion through the IPO. SpaceX's latest valuation is $1.25 trillion, but the actual offering size and valuation will not be determined until weeks before the IPO. (Jinshi)

LiteLLM suffered a PyPI supply chain attack, with compromised versions 1.82.7 and 1.82.8 injected with multilayered malicious code that steals sensitive information such as SSH keys and cloud credentials. Attackers were able to do this without directly compromising upstream services. Affected organizations should immediately rotate credentials and audit systems to prevent further damage.