Gate Insights and Crypto Market Analysis

Pi coin price hovers at a historic low, but Pi's biggest whale resumed purchasing after a one-month pause, buying 7 million coins worth over $938,000 last week. The whale currently holds over 383 million tokens valued at more than $50 million, down from a peak of $140 million, representing a loss of approximately $90 million.

Arkham Intelligence is not shutting down its crypto exchange—it’s rebuilding it from scratch as a fully decentralized platform. CEO Miguel Morel confirmed the pivot amid reports of closure, citing bloated incumbents and the explosive growth of perp DEXs. With daily volumes below \$1M versus Binance’s \$9B, can a fresh DEX strategy save Arkham’s trading ambitions?

This article analyzes recent regulatory documents issued by the People's Bank of China and the China Securities Regulatory Commission regarding virtual currencies and securitized tokens. Lawyer Liu Honglin pointed out that the new policies are "beneficial but limited," emphasizing that the "breadth" of regulation has not significantly added new restrictions, but the "depth" has been notably strengthened. The article discusses the compliance of stablecoins and their importance in asset tokenization, as well as the current practical implementation of RWA projects and future development suggestions. It calls on industry participants to exercise caution in assessment and to observe compliance cases.

Binance purchases reflect SAFU fund rebalancing rather than a directional market view. Strategy continues long-term accumulation driven by conviction and capital structure design. Mining-linked firms seek balance sheet leverage through opportunistic Bitcoin

Strategy Inc. (MSTR) posted a $12.4 billion quarterly loss as Bitcoin tumbled 50% from its peak, yet executive chairman Michael Saylor vows to keep buying “every quarter forever.” To ease shareholder pain, the company is rolling out more perpetual preferred stock—Stretch—offering an 11.25% dividend. We analyze whether Saylor’s infinite Bitcoin loop can survive a prolonged bear market.

Solana (SOL) has entered a correction phase after failing to sustain its recent strong recovery momentum. It peaked near the level of $88 on February 8 before entering a steady downtrend. Since then, the price of SOL has decreased by nearly 10%, with selling pressure significantly increasing over the past 24 hours. Although the downward trend is

Due to progress in congressional legislation and the US employment report exceeding expectations, the strong demand for XRP spot ETF was overshadowed, causing XRP to fall below $1.4. The market continues to react to the deadlock between TradFi and DeFi regarding stablecoin yields, with US banks resisting legislation that would allow stablecoin rewards, leading to setbacks in the Market Structure Bill. Non-farm payrolls in January increased from 48,000 to 130,000, and the unemployment rate decreased from 4.4% to 4.3%.

Goldman Sachs disclosed for the first time in its Q4 2025 13F filing that it holds over $152 million worth of XRP, through ETFs rather than direct holdings. During the same period, the firm reduced some of its BTC and ETH ETF positions, reallocating funds to XRP and Solana ETFs. Despite market volatility, the allocation increased by 15% annually.

BlockFills, a Susquehanna- and CME-backed institutional crypto liquidity provider, has suspended client withdrawals and restricted trading amid the worst Bitcoin drawdown since 2022. The \$60B-volume firm insists the halt is temporary, but markets are flashing red. We examine the causes, the parallels to the FTX-era contagion, and what this means for institutional crypto lending in 2026.

The Pi coin price has been falling sharply for three consecutive days. As token unlocks continue and demand weakens, it is currently hovering near its all-time low. On Wednesday, it dropped to $0.1330, down 96% from its all-time high, with billions of dollars in value evaporated. PiScan data shows that the network will unlock 205 million tokens worth over $27 million for the rest of this month, with most of them unlocking in the next two days, totaling over 37 million tokens.

The White House has set the deadline for the CLARITY Act to March 1, pressuring lawmakers to reach a compromise on stablecoin regulation within 18 days. A closed-door meeting on February 10 did not reach an agreement, but showed progress in negotiations. Banks submitted written documents insisting on banning stablecoin yield to protect deposits, while crypto companies are advocating for exemptions from transaction-related rewards.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has slipped below the key $70,000 level and is now attempting to stabilize above $65,000 as broader market conditions remain fragile. The recent decline reflects persistent selling

Data analysis company Arkham Intelligence denies rumors about its trading platform shutting down. CEO Miguel Morel revealed that the platform is being transformed into a fully decentralized exchange (DEX) rather than completely exiting the market. Arkham Exchange was launched in 2024, with a daily trading volume of only $704,225.

Early-stage AI startup Meridian raised $17 million in funding, dedicated to revolutionizing financial modeling in the finance sector. Its core approach is to introduce agent-based AI to replace Excel models, addressing the limitations of traditional modeling in accuracy and consistency. Meridian's platform can connect to multiple data sources, ensuring reproducible results to meet regulatory requirements. CEO John Ling emphasized the importance of eliminating AI uncertainty, with plans to accelerate technology development and expand the market.

Writing by: Dingdang (@XiaMiPP) At the start of 2026, it delivered a heavy blow to DAT (Digital Asset Treasury) companies. BTC has retreated from its 2025 peak of 120,000 USD to around 60,000 USD, a nearly 50% decline. ETH has also not been spared, falling below the 2000 USD mark, almost erasing all gains since May 2025. This was precisely the time when a group of DAT companies, represented by SharpLink and Bitmine, announced strategic transformations and heavily allocated in crypto assets. What does this mean? It means that those listed companies or institutions that once regarded BTC and ETH as "corporate strategic reserves" are now collectively caught in a mire of unrealized losses, with paper losses often reaching hundreds of millions or even billions of dollars. Leading players like Strategy

Tether USA₮ CEO Bo Hines stated at the New York Bitcoin Investors Weekly Conference that driven by the demand for USDT and the newly launched USAT, Tether is expected to become one of the top ten buyers of U.S. Treasury bonds this year. The circulating value of USDT is approximately $185 billion, with 83.11% of reserves in U.S. Treasuries valued at over $122 billion, surpassing Germany to rank among the top 20 foreign holders.

The volatility in the crypto market is heavily impacting Coinbase's stock, which has fallen 34% this year. Analysts are concerned about competition as other exchanges prepare for public listings, and recent changes in how Coinbase handles analyst questions may indicate underlying issues.

Chicago-based cryptocurrency liquidity provider and lending institution BlockFills paused customer deposits and withdrawals last week and is currently working to restore platform liquidity. The company has over 2,000 institutional clients, with trading volume expected to exceed $61.1 billion in 2025. Despite the suspension of withdrawals, customers can still open and close positions in spot and derivatives trading.