Gate Blog
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Market News 10 Articles
Daily News | BTC Struggles Amidst Global Volatility, IMF Proposes Crypto Risk Framework, Dapper Labs Cuts Jobs, TikTok Joins Web3 with Audius
Author：Gate.io Researcher: Peter L.
24 February 09:43
Amidst economic uncertainty following FOMC, Bitcoin is struggling at $24K, while the IMF proposes a cryptocurrency risk framework and Dapper Labs announces 20% layoffs. Meanwhile, TikTok integrates with Audius, joining the Web3 revolution.
Daily News | Crypto and Equity Prices Recover After Jan FOMC Meeting, Frax Finance Boosts Stability with Fully Collateralized Stablecoin
Author：Gate.io Researcher: Peter L.
23 February 10:17
The January FOMC meeting minutes caused initial declines in both crypto and stocks, but prices recovered. NY Fed_s John Williams emphasized balancing supply and demand for 2% inflation. Meanwhile, Frax Finance collateralized FRX stablecoin at 100%, boosting stability.
Daily News | US Market Conditions Ignited Global Wide Selloff, Coinbase Reported 75% Revenue Loss, Polygon Announced 20% Layoffs
Author：Gate.io Researcher: Peter L.
22 February 09:39
Negative sentiment in US financial market led to a drop in value across cryptocurrencies, with altcoins experiencing significant sell-off, caused by weak forecasts, rising Treasury yields, and geopolitical uncertainty. Meanwhile, Polygon laid off 20% of staff, Coinbase reports revenue drop of nearly 75%, and The Open Network released Ton.vote.
Hong Kong Triggers the Crypto Wave in the East, Will the Next Crypto Bull Run Start in China?
Author：Gate.io Researcher：Jill Ma
21 February 19:15
"Hong Kong’s crypto gainers" swept the list, and CFX rose more than 500% in seven days
New Frontier: Modular Blockchain
Author：Gate Ventures Richard Li
21 February 16:21
At Gate Ventures, this is where we see opportunities from the modular blockchain space come in.
Daily News | Asia Stocks Calm Amid US Futures Drop, BTC Rally, Hong Kong to Open Retail Trading Amid Growing China Narrative Play
Author：Gate.io Researcher: Peter L.
21 February 09:48
US equity futures fell, but global equity markets remained calm as the US markets were closed for a holiday. BTC rose 15% since Feb. 13 due to weak economic data, signaling that the US Fed has limited room to raise interest rates. Hong Kong may allow retail trading, and CFX surged 500% in a week on China_s growing interest in trading cryptocurrencies.
Daily News | Dollar, Crypto, and Rules; FOMC Minutes Ahead
Author：Gate.io Researcher: Peter L.
20 February 10:05
Bitcoin_s shaky performance and the rise of the US dollar are causing ripples in the crypto world, leaving investors waiting for earnings reports from major players like Coinbase, Coinshares, and Block. Meanwhile, the Filecoin token is on the rise ahead of a major launch that could disrupt the centralized data storage market.
Market Trend｜The SEC Moves To Sue Terraform Labs, The Firm Behind The Failed Terra Stablecoin; SBF Out On Bond As ‘Revocation’ Proceedings Remain A Possibility
Author：Gate.io Researcher: Matthew Webster-Dowsing
17 February 13:45
With the past week threatening a marketwide correction, it appears as if these concerns have been diminished, with assets across the top 100 beginning to accelerate in price and volume, with many seeing upswings of over 10%.
Daily News | Bitcoin's Brief Climb to $25K Cut Short as US Fed Triggers Market Decline, Musk's Latest Meme Sends FLOKI Soaring by 200%
Author：Gate.io Researcher: Peter L.
17 February 09:56
The discussion by US Federal Reserve officials about increasing interest rates by 50bps resulted in a decrease across markets, including Bitcoin which experienced a drop after briefly reaching $25,000. Additionally, a meme posted by Elon Musk featuring his dog led to an increase in the price of FLOKI by 200%.
Daily News | Bitcoin Passes $24K as Macro Factors Favor Crypto, Lido DAO's Treasury Proposal Drives LDO Token Up
Author：Gate.io Researcher: Peter L.
16 February 09:59
Bitcoin surged due to lower volatility in stocks and bonds, declining oil prices, and a weakening US dollar, making it a compelling liquidity play. Lido DAO proposed to sell or stake $30M Ether from its treasury, resulting in a positive response from investors with LDO token gaining 10% on the day of proposal submission and 18% the following day.
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