ETH rose 0.91% within a 15-minute window, marking a technical rebound after a sharp drop: short-term RSI was deeply oversold and a hammer candlestick appeared, but ETH spot ETFs have recorded net outflows for seven consecutive trading days, while whales’ $252 million in long positions are nearing liquidation prices. Buying support is limited, with the rebound coexisting with pressure.

CoinWorld reports that the on-chain options protocol derive v3 has officially launched and completed its migration, with trading functionality restored. The new version holds assets on Ethereum, uses zero-knowledge proofs to process margin and settlement, and supports sub-millisecond order matching. It also supports no-code vault creation, offers ETH and BTC risk hedging, and supports deposits and borrowing of ETH, WBTC, HYPE, and USDC. The derive community has proposed migrating v2 positions to v3 and shutting down derive chain.

#GatePartnersWithVisaToLaunchCrypto-LinkedCard Gate Card: Bringing Crypto Closer to Everyday Spending Through Visa’s Payment Network Crypto has become easier to trade, but using digital assets in everyday life remains a challenge. Holding Bitcoin, Ethereum, or USDT is one thing; turning those assets into practical purchasing power is another. That is where the collaboration between Gate and Visa, through the Gate Card, becomes an important development for crypto adoption. From Trading Assets to Everyday Payments The biggest value of a crypto-linked payment card is convenience. Instead of manually selling assets and arranging a separate fiat withdrawal before every purchase, eligible users can use a supported card payment process to spend their available funds. Depending on the card’s supported assets, conversion rules, and regional availability, crypto can be converted for payment settlement when a transaction takes place. This creates a more direct connection between a trader’s digital asset holdings and real-world spending, whether paying online or shopping at participating physical merchants. Global Reach Makes Practical Utility More Important Connecting a crypto card to Visa’s payment network can extend its potential usefulness across a broad range of everyday payment scenarios. For eligible users, this may include retail purchases, online shopping, travel expenses, and other supported transactions. The significance goes beyond convenience. Crypto adoption cannot rely on trading activity alone. The easier digital assets become to use outside trading platforms, the more opportunities there are for them to become part of ordinary financial activity. The Cost Factor Still Matters Convenience does not automatically mean cheaper payments. Conversion spreads, foreign exchange charges, ATM withdrawal fees, card fees, and merchant restrictions can all affect the final cost. Cashback or other rewards may improve the value proposition when offered, but the actual terms should be checked rather than assumed. Security and compliance are equally important. Users should understand identity verification requirements, supported jurisdictions, transaction limits, and the protections available if a payment is disputed. The Bigger Picture: Utility Beyond the Trading Screen The Gate and Visa collaboration reflects a broader direction for the crypto industry: making digital assets useful not only for investing and trading, but also for payments and everyday financial needs. The next stage of adoption will depend on more than the existence of a card. Reliable payment processing, transparent fees, broad availability, and a smooth user experience will determine whether crypto-linked cards become a regular spending option. The real question is no longer just how easily people can buy crypto, but how practically they can use it. #Gate与Visa合作推出加密资产关联卡