AltcoinsTrading+4
Gate Research: BTC Breaks $81,000; SOL Market Cap Share Reaches All-Time High
Gate Research Daily Report (November 11):In the past 24 hours, BTC's price has risen by 4.83%, currently at $81,406, continuously breaking historical highs. Altcoins have shown strong growth, with meme coins performing exceptionally well; the Elon Musk-inspired sector saw an overall increase of 33.4%. SOL's market cap share of the entire cryptocurrency market reached 3.82%, setting a new all-time high. The total stablecoin market cap grew by 3.14% over the past week, now standing at $178.3 billion.
2024-11-11 10:19:29AltcoinsTrading+5
Gate Research: U.S. Bitcoin Spot ETF Hits Record High for Single-Day Net Inflow; Federal Reserve Cuts Interest Rates by 25 bps for the Second Time
Gate Research Daily Report (November 8): Bitcoin saw a modest increase of 0.38%, fluctuating between $74,500 and $76,800. Despite the Federal Reserve’s latest 25 basis point rate cut, Bitcoin’s upward momentum appears to be slowing. Bitcoin spot ETFs recorded a net inflow of $1.38 billion, setting a new single-day high, while open interest in Bitcoin futures across the network exceeded $46 billion, marking a historic peak. Today, the Sui network saw a net inflow of $26.8 million, contrasting with Ethereum’s net outflow of $91 million. UBS announced the launch of its blockchain-based payment system, UBS Digital Cash, and the UK House of Lords expressed its support for the Digital Asset Property Bill, which aims to clarify the legal status of digital assets.
2024-11-08 11:57:49Research
Weekly Hot Project Roundup (Nov 04-Nov 08, 2024)
Gate Research's latest weekly roundup of hot projects highlights Solana's outstanding performance in the public blockchain ecosystem. PAXOS and Robinhood have launched the Global Dollar Network, injecting new momentum into the stablecoin ecosystem. Concurrently, SushiSwap's Vesting Launch token issuance platform has maintained the popularity of the Meme sector, providing a fairer participation environment for users. The rising difficulty in Bitcoin mining, coupled with Avalon Labs' steadily increasing Total Value Locked (TVL), has propelled the growth of both the BTC and BTCFi ecosystems. These advancements and competitive dynamics underscore the vast potential of blockchain technology in areas like Meme, stablecoins, and public blockchains, offering users more innovative applications and a fairer participation environment.
2024-11-08 06:01:45AirdropResearch
11.4-11.8 Hot Airdrops Overview
This week, Gate Research has selected a range of notable projects, including the Solana-based edge computing platform Gradient, the decentralized identity verification protocol Humanity Protocol, the TON ecosystem interactive game PAWS, the Ethereum liquid staking protocol Swell Network, and the Web3 AI agent platform DeAgentAI. This article provides a detailed introduction to each project’s core features, funding background, airdrop and reward distribution, and participation steps, aiming to help users quickly understand these emerging projects and seize potential market opportunities.
2024-11-08 02:44:10AltcoinsTrading+4
Gate Research: BlackRock's Spot ETF Booms, Bitcoin Surges Past $76,000, Pump.fun's Revenue Hits Record
Gate Research Weekly Review reports, this week, Bitcoin surged to a new all-time high of $76,000, driven by the U.S. presidential election, with a 7-day increase of 3.62%. BlackRock's Bitcoin ETF recorded over $1 billion in trading volume within 20 minutes of opening, indicating sustained optimism from institutional investors toward the crypto market. Additionally, meme coin platform Pump.fun reached a record monthly revenue of $30.5 million in October. The DeFi sector also remained active, with SushiSwap launching a new platform called Vesting Launch, and Avalon Labs' TVL surpassing $1 billion. Meanwhile, SafePal introduced a Telegram crypto wallet that supports Visa cards. This week, a total of 10 projects secured funding totaling $33.84 million, reflecting continued confidence in crypto assets.
2024-11-07 10:45:32AltcoinsTrading+4
Gate Research: Bitcoin Reaches Record High, Trump Wins U.S. Election, Crypto Market Surges Across the Board
Gate Research Daily Report (November 6): BTC's price rose by 8.9% to $74,284, while ETH's price increased by 7% to $2,590. Donald Trump's election as the 47th U.S. president is widely perceived as positive news for cryptocurrencies, prompting a strong market rally. DOGE saw a daily increase of approximately 24.63%, with growing attention on Trump and Elon Musk’s ongoing engagement boosting community interest and driving up its price. The ETH to BTC market cap ratio has dropped to 24.52%, its lowest since April 2021. Gate.io, Binance, OKX, and Coinbase are among the exchanges listed in Asia Fintech Innovators.
2024-11-06 11:22:13ResearchTON Ecosystem
Gate Research: Visualizing the TON Ecosystem - User Growth, App Landscape, and Future Trends
TON (Telegram Open Network) is a decentralized blockchain platform initially designed and developed by the Telegram team, creators of the Web2 messaging app. Due to regulatory challenges, the development and growth of TON were gradually taken over by the community. TON maintains a close collaborative relationship with Telegram, which provides the TON ecosystem with a natural pool of user traffic. Simple and engaging games like Hamster and Notcoin have drawn over a million new Telegram users into the Web3 world. This significant user base potential has attracted numerous Web3 builders and investors to the TON ecosystem. This article will begin with an introduction to TON’s origin with Telegram, systematically exploring the TON ecosystem and discussing the platform’s growth journey and the potential opportunities underlying its data.
2024-11-06 07:29:22AltcoinsTrading+3
Gate Research: Q3 Market Review Report
Gate Research Quarterly Report : Market volatility increased in Q3, with an overall decline in August and a rate-cut-driven rebound in September. The total cryptocurrency market cap fluctuated between $2 trillion and $2.5 trillion. BTC ETFs saw net inflows of $4.34 billion, while rising network hash rates drove mining difficulty higher. ETH ETFs experienced net outflows of $523 million this quarter. Total DEX trading volume reached $395 billion, and DeFi protocols generated $191 million in cumulative revenue. In Q3, 324 projects completed funding rounds, with total funding reaching $2.4 billion.
2024-11-05 11:19:50AltcoinsTrading+4
Gate Research: As U.S. Election Nears, Market Volatility Surges with $200M in Forced Liquidations Over 24 Hours
In the past 24 hours, the total forced liquidation in the crypto market reached $206 million, with long positions accounting for $159 million. Over $600 million in tokens flowed into Solana, with more than 90% originating from Ethereum. Grayscale's multi-token fund GDLC submitted its ETP application, initiating the review process to potentially become the first multi-crypto asset ETP. a16z made an additional $23 million donation to the crypto advocacy group Fairshake to support crypto policy reform. Meanwhile, the State Bank of Pakistan proposed the legalization of digital currency.
2024-11-05 10:45:25AltcoinsTrading+4
Gate Research: Bitcoin Market Share Hits a 3-Year High at 60.5%; NFT Trading Volume in October Up 18% From Last Month
BTC and ETH prices experienced a decline over the weekend, with BTC dropping below $70,000. The S&P 500 index rose by 0.41%, the Nasdaq increased by 0.80%, and the Dow Jones gained 0.69%. In the U.S., Bitcoin and Ethereum spot ETFs saw net outflows of $54.94 million and $10.93 million, respectively. Bitcoin's market share reached 60.5%, marking a nearly three-year high. Radiant Capital has resumed its lending market on the Base network. Between November 1 and 4, three projects announced funding, totaling over $9 million.
2024-11-04 09:04:47AltcoinsTrading+4
Gate Research: MicroStrategy Raises $42B to Increase Bitcoin Holdings; USDT Circulation Exceeds $120B
Bitcoin’s price dropped 2.84% over the past 24 hours to $70,303, facing potential short-term resistance at $69,500 as bulls and bears contend for control. MicroStrategy announced a significant $42 billion Bitcoin investment plan to expand its reserves. Meanwhile, the U.S. Treasury suggested replacing stablecoins with a central bank digital currency (CBDC) to enhance stability. Canary Capital applied for a Solana spot ETF, joining traditional financial firms in expanding crypto offerings. Additionally, USDT circulation surpassed $120 billion, up 30% since the beginning of the year, reflecting strong demand.
2024-11-01 12:56:56