Gate Insights and Crypto Market Analysis

Taipei District Prosecutors Office has indicted 62 members of the Cambodian Prince Group, involving money laundering and organized crime totaling 10.7 billion yuan. After four months of investigation, prosecutors are seeking heavy sentences for core members and have seized assets such as luxury homes, supercars, and yachts. The group used "pig-butchering" scams to accumulate illegal proceeds and then concealed funds through a multi-layered money laundering system. This case has prompted judicial cooperation between Taiwan and the United States, demonstrating a close international law enforcement partnership.

Morgan Stanley updates its S-1 filing with the SEC, designating Coinbase Custody and BNY Mellon as its dual custodians for the Bitcoin ETF. This move marks an important step in Morgan Stanley's digital asset strategy, and if approved, will expand its ETF market participation. At the same time, Coinbase continues to maintain a dominant position in the U.S. spot Bitcoin ETF market.

Decentralized exchanges have doubled their spot market share and captured more than 10 percent of perpetual futures trading volume over the past two years, according to CoinGecko's 2026 trading activity report.

In brief Seven major tech companies signed a White House pledge to pay for energy tied to AI data centers. Companies agreed to build or buy a new electricity supply and fund grid upgrades for their facilities. The move comes amid growing concern that AI infrastructure could strain power g

_BitMine buys 50,900 ETH, raising total holdings to 4.47M ETH, about 3.7% of Ethereum’s circulating supply._ _Chairman Tom Lee targets up to 5% of total ETH supply through BitMine’s large-scale Ethereum accumulation strategy._ _BitMine continues buying ETH during market weakness while ho

Binance has rolled out seven AI Agent Skills, arming automated trading agents with real-time market data, execution tools, and security analytics through a unified interface that could reshape how investors access and act on crypto intelligence. Binance Launches Seven AI Agent Skills With

The Korean stock market KOSPI rebounded strongly on March 5th after experiencing the largest single-day decline in history, rising as much as 12%. The rebound was driven by foreign investors and retail traders, mainly focusing on chip stocks such as Samsung Electronics and SK Hynix. The Korean government urgently activated a market stabilization plan, preparing to inject 100 trillion won to address market volatility. However, institutional investors remain divided on the future outlook, and the market still faces uncertainties such as geopolitical risks.

The monthly OTHERS/BTC MACD crossover marks the first bullish shift since 2020. A five-year falling wedge formation appears close to technical resolution. Large-cap altcoins show relative strength as momentum indicators improve. The monthly MACD for the OTHERS/BTC chart has

Bitcoin miners faced severe economic pressure throughout February 2026, as hashprice—the key measure of mining profitability—dropped to an all-time low near $33 per petahash per day, falling below the estimated average production cost of approximately $84,000 per Bitcoin.

According to DeFiLlama data, the digital asset vault companies' monthly capital inflow has dropped to approximately $555 million, the lowest point since 2024, shrinking over 95% from the historical peak. The market warns that without transforming into a cash flow-generating operational model, they will face the risk of being eliminated. Industry experts recommend that digital asset vaults adopt methods such as staking and mining to generate cash flow and enhance competitiveness.

Pi Network's native token PI rose about 8.5% on March 4th, reaching a nearly two-week high, following the successful upgrade to protocol v19.9. The upgrade aims to strengthen network capabilities and will introduce v20.2 before Pi Day 2026. Despite the short-term increase, the Pi Foundation transferred 60.99 million tokens, which could trigger supply pressure. Technically, PI faces a key resistance level at $0.173.

American Bitcoin Corp. (ABTC), the Trump family-affiliated Bitcoin mining and accumulation company, has expanded its mining fleet with 11,298 new high-efficiency miners while increasing its Bitcoin treasury to more than 6,500 BTC, making it the 17th largest publicly traded Bitcoin holding company globally.

Ethereum (ETH) broke above the $2,100 mark during Thursday's trading session, riding the wave of recovery spreading across the cryptocurrency market. The rally of the largest altcoin in the market is accompanied by a surge in open interest (OI), which now stands at 13.43 million ETH — the highest since January 31.

The FATF recommends that countries mandate stablecoin issuers to integrate smart contract functions to prevent money laundering and illegal funding. It warns of vulnerabilities in unhosted wallets and the use of stablecoins by cybercriminals. Meanwhile, the European Central Bank raises concerns about stablecoins' impact on bank deposits and monetary policy. Despite this, USD-pegged stablecoin supply has risen significantly, with Tether holding the majority.

The prediction market platform Kalshi refused to pay users' expected $54 million payout, citing that its contract "exit" definition does not include assassination scenarios. The incident has sparked insider trading allegations against competitor Polymarket. U.S. senators plan to introduce legislation to ban prediction contracts related to government actions, arguing that such markets distort public judgment.

South Korea's KOSPI composite index rallied more than 11 percent on March 5, 2026, staging its sharpest single-session gain on record one day after suffering its worst-ever loss amid heightened Middle East tensions.

DTCC's 43-page report highlights interoperability as crucial for expanding and integrating digital assets in DeFi, warning that fragmentation in DLT networks could hinder scalability. It calls for data standardization and process harmonization to address these challenges.