Gate Cryptocurrency News and Market Analysis

In brief Epic Games said it will lay off more than 1,000 employees. CEO Tim Sweeney said the cuts “aren’t related to AI.” The company cited declining Fortnite engagement and broader industry slowdown as factors behind the cuts. Epic Games announced on Tuesday that it will lay off more th

Jinse Finance reports that on March 24, Philippine President Marcos announced a nationwide one-year energy emergency state to address energy issues caused by the Middle East conflict. Marcos announced the activation of a "whole-of-government coordination" response measure to ensure stable energy supply, support critical sectors such as transportation, agriculture, and micro, small, and medium-sized enterprises, and protect the public from the impact of oil supply disruptions. (CCTV International News)

The United States is in discussions with multiple parties regarding peace talks with Iran, having proposed a ceasefire plan containing 15 provisions, with Iran making concessions on certain clauses. Although negotiations are progressing, an agreement has not yet been finalized. Israel is taking a cautious stance on this, concerned about security risks. Meanwhile, the United States is also preparing for possible military escalation.

Jinse Finance reports that a poll on March 25 showed Trump's approval rating fell to 36%, marking its lowest level since his return to the White House. The main reasons are rising oil prices and dissatisfaction with war against Iran, with only 25% approval on handling cost of living issues. Despite relatively solid support within the Republican Party, dissatisfaction with cost of living handling is rising.

Jinse Finance reported that BTC briefly fell below $69,000, currently trading at $69,492.81, with a 24-hour decline of 2.2%. The market is experiencing significant volatility, please manage risk accordingly.

Lombard and Bitwise Asset Management announced a partnership at the New York Digital Asset Summit to launch an institutional-grade BTC collateral lending solution that combines DeFi lending with real-world assets. The initiative aims to launch in 2026 and targets coverage of $500 billion in BTC assets while mitigating multiple risk categories.

Cardano is currently trading near $0.264, facing potential liquidation risks if it drops to $0.253. While on-chain data indicate reduced realized losses, the market remains in a distribution phase, hindering recovery. Resistance challenges persist between $0.2856 and $0.300, necessitating a stronger rally for upside movement.

Messari’s new report on Pharos puts one of the more ambitious Layer 1 projects on the radar at exactly the moment tokenized finance is moving from theory to infrastructure. The report describes Pharos as a modular blockchain built to serve as global infrastructure for real-world assets, created by f

Silver's price has recently experienced significant fluctuation, dropping from nearly $120 to around $64 before recovering to $68. A technical analyst predicts that despite a complex correction pattern, the ultimate price target remains at $150, marking a potential strong upward move after the current Wave 4 correction concludes.

Aleksei Volkov, a Russian citizen, was sentenced to 81 months in U.S. prison for aiding ransomware attacks exceeding $9 million in losses. As an "initial access broker," he sold unauthorized network access. He owes $9.2 million in restitution and must forfeit crime-related equipment.

The U.S. 82nd Airborne Division is expected to deploy some troops to the Middle East on March 25, including ground combat forces and command elements, prepared for rapid response within 18 hours. The White House indicated that U.S. military operations against Iran remain ongoing.

Key Insights: Bittensor surged over 20% after NVIDIA CEO Jensen Huang highlighted its distributed AI training, drawing strong attention from both crypto and technology markets. The TAO price broke above the Bull Market Support Band for the first time since November, signaling a potential

_NYSE partners with Securitize to build a blockchain platform for tokenized stocks and ETFs, aiming for faster settlement and possible 24/7 trading._ The New York Stock Exchange announced a partnership with digital asset firm Securitize. According to WSJ, the companies plan to build a tokenized sto

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission have been working together to align crypto regulations. In a recent joint statement, the two agencies shared guidance on how they intend to determine whether a crypto is a security or not.  The latest guidance

Lombard, a company building Bitcoin-based lending infrastructure, will team with Bitwise Asset Management to enable institutions to earn yield and borrow against Bitcoin (BTC) without moving assets out of

Key Insights: The Zcash price dropped over 18% to $232, now testing a key trendline support that may determine short-term direction and potential recovery strength. Bullish RSI divergence and a green Supertrend suggest weakening selling pressure, with upside targets at $265 and $300 if suppo

In brief The CFTC introduced an Innovation Task Force designed to help create a clear regulatory framework for derivatives markets in crypto, AI, and prediction markets. The task force is the latest endeavor from the regulator that aims to support innovation while making America the home fo

Backpack triggered strong backlash after launching its native token $BP due to airdrop distribution issues. Numerous KOLs and users expressed disappointment with its handling approach and criticized the project for deviating from community principles. Although the project team stated it would open an appeals process and provide compensation, user trust has been severely damaged, and the token price has dropped significantly.