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.

Pi Network Launches Smart Vault, Marking the Arrival of the Trustless Trading Era

Pi Network has announced its new custodial smart treasury system, designed to securely hold funds and support a variety of trading needs such as NFTs, token transfers, and DeFi applications. The system manages the transaction flow through four on-chain state management mechanisms to ensure transparency and automation. Before the official launch, it will need to complete state machine definition and security audits; no specific date has been announced yet.
PI-0.25%
MarketWhisper·04-08 06:10
Pi Network Launches Smart Vault, Marking the Arrival of the Trustless Trading Era

Anthropic restricts AI access: 99% of vulnerabilities are unpatched, 40 major firms join forces for defense

Anthropic’s Claude Mythos Preview has uncovered thousands of security vulnerabilities, and 99% still have not been patched. In response to the risk of malicious exploitation, it is limited for use by partner organizations only, and it launches the “Glass Wings Program” together with 40 institutions to defend against threats. Anthropic emphasizes continuous monitoring of AI risks and improving cybersecurity.
MarketWhisper·04-08 06:01
Anthropic restricts AI access: 99% of vulnerabilities are unpatched, 40 major firms join forces for defense

Crude Oil’s Plunge Makes TradeXYZ’s Trading Volume Double; Open Position Size Exceeds BTC

After the U.S.-Iran ceasefire agreement was reached for two weeks, global crude oil prices pulled back sharply. On the TradeXYZ platform, the traded volume of crude oil reached $3.65 billion, marking the first time it surpassed Bitcoin. As the market concentrated on closing positions, the open interest also declined. Both Brent crude and WTI were significantly above their pre-conflict levels, but the full recovery of the energy market may take several years.
BTC-1.65%
MarketWhisper·04-08 05:57
Crude Oil’s Plunge Makes TradeXYZ’s Trading Volume Double; Open Position Size Exceeds BTC

Morgan Stanley Bitcoin ETF lists on the NYSE, with a 0.14% fee—lower than BlackRock’s.

Morgan Stanley’s Bitcoin Trust MSBT will be listed on the New York Stock Exchange on April 8, 2024, becoming the first large commercial bank in the United States to offer a Bitcoin spot ETF. Its management fee rate is 0.14%, lower than the market’s main competitors, signaling that demand has not yet been fully met. This move is an important step for Morgan Stanley to expand into the crypto market, showing that traditional financial institutions are actively moving into this space.
BTC-1.65%
ETH-0.66%
SOL-2.25%
MarketWhisper·04-08 05:52
Morgan Stanley Bitcoin ETF lists on the NYSE, with a 0.14% fee—lower than BlackRock’s.

Raoul Pal calls for ETH: based on the current trend, it has the potential to outperform BTC over the long term

Raoul Pal said the ETH/BTC exchange rate trend shows that ETH will outperform BTC as the business cycle and liquidity rebound. He emphasized that ETH, as a smart contract platform, will have a larger market size, while BTC mainly serves as a store of value. He predicted that Bitcoin will reach the peak of the bull market in the second quarter of 2026, and believes the current period is an extended five-year supercycle.
ETH-0.66%
BTC-1.65%
MarketWhisper·04-08 05:41
Raoul Pal calls for ETH: based on the current trend, it has the potential to outperform BTC over the long term