Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily (March 5): Zerohash applies for a U.S. trust bank license; Paradex launches genesis airdrop

Gate Daily (March 5): Zerohash applies for a U.S. trust bank license; Paradex launches genesis airdrop

Bitcoin rebounded to $72,980 on March 5th. Zerohash has applied for a national trust bank license and plans to offer digital asset and other services. Paradex has launched a genesis airdrop and adjusted its tokenomics. Additionally, the US stock market rose supported by economic data, market sentiment is positive, and investors have a favorable outlook on Bitcoin's future.

Eric Trump: ABTC Bitcoin holdings exceed 6,500 coins, increasing by over 500 coins in 21 days

American Bitcoin (ABTC), under Eric Trump, has increased its Bitcoin holdings by over 6,500 coins within six months of listing and plans to further enhance mining capacity through expansion of its mining farms. The company's Q4 revenue grew by 22%, and it mined at a cost 53% lower than the market average. Additionally, ABTC's stock price rose by 13.11% following the announcement, in line with the performance of other stocks in the crypto market.

Trump officially nominates Federal Reserve Chair candidate! Woz: Bitcoin is the new gold

Trump has nominated Kevin Wash to serve as Federal Reserve Chair for a four-year term, and he has also served as a board member for fourteen years. As a Bitcoin supporter, Wash's stance has attracted attention in the crypto market, but his confirmation process faces resistance from the Democratic Party, with the core issue being the preservation of the Federal Reserve's independence. Additionally, U.S. crypto asset regulation still has a vacuum, and a new CFTC commissioner is urgently needed.

Why did Bitcoin rise today? Iran signals negotiations, Trump announces maritime energy trade insurance

Bitcoin broke through $72,000 on March 5, driven by three major macro factors: diplomatic contact between Iran and the US CIA, Federal Reserve officials supporting interest rate cuts, and US escorting oil tankers promising to reduce energy supply risks. Strong economic data further supported market risk sentiment.

Latest Article

More

The seven major tech companies sign a White House pledge, with AI data center electricity costs to be borne by the companies themselves.

The seven major tech companies (Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI) signed a non-binding "User Protection Commitment" at the White House, promising to bear the energy costs of AI data centers themselves, without passing the costs on to consumers, and prioritizing local hiring. However, the commitment lacks legal protections, and the enforcement mechanism is not yet clear, raising concerns about its actual effectiveness.
MarketWhisper·12m ago
news-image

Vitalik Calls for Ethereum to Shift Toward "Sanctuary Technology" to Combat Surveillance and Centralization Threats

Ethereum co-founder Vitalik Buterin recently explicitly stated that the Ethereum development community should break free from the financial application framework and instead build what he defines as "Sanctuary Technologies," to protect individuals from excessive surveillance by governments and large corporations. He also emphasized that Ethereum's true mission is to promote "de-aggregation," rather than becoming a tech giant focused on efficiency and market scale.
ETH8,44%
MarketWhisper·16m ago
news-image

AI Agents Prefer Bitcoin Over Fiat, New Study Finds

A Bitcoin Policy Institute study delves into how artificial intelligence models choose among money forms in a variety of hypothetical scenarios, revealing a strong inclination toward Bitcoin and digital money over fiat in most cases. The research tested 36 models across six providers and generated m
CryptoBreaking·47m ago

PIPPIN drops 37% as $43 million is withdrawn from the market – What's going on?

In the past 24 hours, the price of PIPPIN has dropped sharply by 37%, matching a decrease of $43 million in open contracts (OI), indicating a wave of large position closures happening in the market. This significant decline often reflects traders exiting leveraged positions as prices fall. This suggests that a strong wave of liquidation is underway in the market.
PIPPIN-4,89%
TapChiBitcoin·1h ago
news-image

Prince Group Money Laundering 10.7 Billion Exposed, Leader Chen Zhi and 61 Others Prosecuted by Taipei District Prosecutors Office

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.
MarketWhisper·1h ago
news-image

The six major banks enter Bitcoin ETF, Morgan Stanley locks in Coinbase as dual custodian

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.
MarketWhisper·1h ago
news-image
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)