Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Binance withdraws the Greece MiCA application, EU user funds safe but withdrawals affected

Binance officially announced on June 25 that it has withdrawn its MiCA license application submitted to the Hellenic Capital Market Commission (HCMC) and will seek authorization in another undisclosed EU member state. Binance stated that all user funds are safe and secure, but some users' withdrawal operations have been affected. The company has begun contacting all EU users individually to explain the situation. The compliance deadline for EU MiCA licenses is July 1. Reuters Revealed Applicatio
MarketWhisper·06-25 01:39
幣安撤回希臘MiCA申請

Gate Daily (June 25): Trump cancels signing bill opposing Federal Reserve CBDC; Polymarket integrates into Telegram

Bitcoin (BTC) weakened and slumped, temporarily reported around $60,828 on June 25. President Trump canceled the signing of a bipartisan housing bill that includes a four-year ban on the Federal Reserve's central bank digital currency (CBDC). Polymarket is now integrated into Telegram, powered by the TON network. Macro Events & Crypto Hotspots According to Cryptopolitan, President Trump canceled the signing of a bipartisan housing bill that includes a four-year ban on the Federal Reserve's digit
BTC-0.26%
GRAM3.39%
RLUSD0.01%
MarketWhisper·06-25 01:32
川普取消簽署反對聯準會CBDC法案

Federal judge denies Michelle Bond's motion to dismiss, FTX campaign finance case approaches trial

According to Crypto.news reported on June 25, Judge George Daniels of the U.S. District Court for the Southern District of New York denied Michelle Bond's request to dismiss campaign finance charges and set the trial date for her FTX campaign finance case to begin on November 9. Bond faces four campaign finance-related charges, each carrying a maximum sentence of 5 years in prison. The Four Charges Against Bond and Indictment Details According to the August 2024 indictment, federal prosecutors c
MarketWhisper·06-25 01:15
聯邦法官駁回Michelle Bond撤訴請求

MIM stablecoin depegged to $0.5, Abracadabra urgently raises interest rates

Decentralized finance protocol Abracadabra Finance announced emergency measures on X on June 25 to address the de-pegging crisis of MIM (Magic Internet Money) stablecoin. As of Thursday, MIM was trading at $0.5027, down 36.65% in a single day. The emergency measures took effect immediately, including gradually raising all Cauldron interest rates and suspending direct incentives. --- Abracadabra Raises Cauldron Interest Rates, Direct Incentives and Curve Bribes Suspended (Source: Trading View) Ab
MAGIC3.58%
CRV-0.37%
SPELL16.32%
MarketWhisper·06-25 01:11
Abracadabra上調利率

Bitcoin briefly fell below the $60,000 mark, as the probability of a Fed rate hike in December rose to 82%.

Bitcoin was temporarily reported at $60,754 on June 25, dipping below the $60,000 mark during the session to a low of $60,728. Prime Terminal data shows: market expectations for a rate hike in December have risen to 82%. Long-term investors cite the 'Bitcoin four-year cycle' pattern, believing that the current decline has not reached the levels of the 2022 or 2018 bear markets. Bitcoin Historical Cycle Data: Comparison of 2023-2025 Gains and Past Two Bear Market Declines Confirmed historical dat
MarketWhisper·06-25 01:03
比特幣失守6萬美元

While Fear Dominates Crypto, These 5 Altcoins Are Quietly Positioning for the Next 3x–10x Big Move

Market fear continues to dominate sentiment, but several altcoins are showing steady ecosystem and development growth. SUI, DOT, ENA, APT, and QUBIC are among the projects attracting increased attention from market observers. Long-term adoption, network activity, and ecosystem expansion r
SUI3.02%
DOT2.83%
ENA13.78%
APT1.21%
QUBIC-3.98%
CryptoNewsLand·06-24 23:31
While Fear Dominates Crypto, These 5 Altcoins Are Quietly Positioning for the Next 3x–10x Big Move