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 Report (March 19): SEC Approves Nasdaq Tokenized Stock Trading Pilot Program; Algorand Foundation Cuts 25% of Workforce

Gate Daily Report (March 19): SEC Approves Nasdaq Tokenized Stock Trading Pilot Program; Algorand Foundation Cuts 25% of Workforce

Bitcoin's price has pulled back to around $70,990, the Federal Reserve has kept interest rates unchanged, and the U.S. SEC has approved Nasdaq to support tokenized stock trading. The Algorand Foundation has laid off 25% of its workforce due to market downturn. U.S. stocks have declined, with inflation and geopolitical tensions becoming focal points for investors.

SEC Chair: NFTs Are Collectibles, Not Investment Contracts, Not Subject to Securities Law Regulation

U.S. Securities and Exchange Commission Chairman Paul Atkins pointed out that NFTs are generally not regulated under securities laws because they resemble physical collectibles rather than investment contracts. The SEC has clearly identified four categories of digital assets that are generally not considered securities, including digital commodities, digital utilities, digital collectibles, and stablecoins. Atkins emphasized that regulation will transform, providing clearer guidance rather than relying on enforcement.

FTX $2.2 Billion Compensation Distributed in March, Creditors Still Unsatisfied

The FTX Bankruptcy Estate will distribute $2.2 billion to creditors on March 31st, marking the fourth distribution since 2025, with cumulative payouts reaching $10 billion. Compensation is calculated based on cryptocurrency asset values at the time of claim filing in 2022, which has sparked creditor dissatisfaction as actual asset values have risen significantly. Additionally, FTX founder Sam Bankman-Fried faces imprisonment, with speculation about potential pardons. A fifth distribution is planned for 2026.

Why Did Bitcoin Decline Today? Powell Sends Hawkish Signals, Trump Considers Troop Increase in Middle East

Bitcoin fell to $70,767 on March 19 following hawkish signals from Federal Reserve Chairman Powell, who warned that rising oil prices could exacerbate inflation; meanwhile, U.S. military troop reinforcements in the Middle East heightened geopolitical risks. The $70,000 level is a critical support for Bitcoin, and a break below it could accelerate further downside.

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Fed Maintains Rates; Crypto Traders Anticipate Relief Rally

Crypto traders are parsing the Federal Reserve’s decision to hold rates and its implications for a possible market rally. With policy left unchanged, attention shifted to whether the pause can catalyze a relief bounce for Bitcoin and the broader crypto market, or whether the move simply defers the n
BTC-4,69%
CryptoBreaking·19m ago

Bitcoin Hashrate Plummets Approaching "Difficulty Adjustment," Iran Crisis Impacts Miner Revenues

Bitcoin's network hashrate fell to 920 EH/s this week, with an estimated difficulty adjustment of approximately 8% on March 20th, marking the second-largest adjustment in five years. As the Iran conflict pushes oil prices higher, miner revenues have declined substantially, with hashrate prices hitting historic lows. Major mining operators have begun selling Bitcoin and pivoting toward AI computing power to cope with margin compression.
MarketWhisper·40m ago
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CoinMarketCap Expands Team with New Hiring Initiative for Web3

CoinMarketCap is expanding its workforce to broaden its presence in the cryptocurrency data services sector. The company is seeking Business Development Managers with experience in Web3 and business-to-business relationships. These roles will drive growth in key offerings such as data feeds, advertising solutions, and blockchain-related APIs.
Coinfomania·44m ago

Ethereum Staking Rate Breaks Through 31%, Institutional Inflows Accelerate Supply Squeeze

Ethereum's staking rate broke through 31.1% in March, reaching an all-time high, while centralized exchange ETH reserves fell to a new low. This has created a tightening effect on circulating supply, attracting institutions like BlackRock and Grayscale to accelerate staking. Staking activities demonstrate institutional confidence in Ethereum and may further influence ETH price. Supply tightening helps stabilize prices, but does not necessarily lead to appreciation.
ETH-6%
MarketWhisper·45m ago
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Here’s Why the Crypto Market Is Crashing as the Bitcoin Price Nears $70K Again

The total crypto market cap just fell 4.13% to $2.44 trillion in the last 24 hours. Derivatives volume dropped 17.51%. Bitcoin liquidations surged 140.22% to $150.85 million, mostly long positions getting wiped out. Yet in the middle of all this red, U.S. spot Bitcoin ETF AUM grew to $100.05
BTC-4,69%
CaptainAltcoin·54m ago

OpenClaw Integrates Satellite AI, First-Time Achievement of Space Remote Control of Ground Robots

China's Guoxing Aerospace and Shanghai Jiao Tong University have successfully collaborated to demonstrate remote intelligent control of humanoid robots on the ground using the open-source AI agent OpenClaw in space. This technology validation marks the first practical application of space computing power and signals that it will become fundamental infrastructure for AI computing in the future, particularly in scenarios where ground networks are limited. Guoxing Aerospace plans to build a computing network that includes 2400 inference satellites by 2035.
MarketWhisper·56m ago
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XRP Digital Asset Repository Evernorth submits S-4 form to list on Nasdaq

Digital asset vault Evernorth has filed for Nasdaq listing and submitted an S-4 form to the SEC, with the anticipated merger expected to generate approximately $1 billion in proceeds to expand its XRP holdings. The company holds approximately 473.3 million XRP and faces impacts from market value fluctuations. The SEC's classification of XRP as a digital commodity will help enhance Evernorth's listing compliance and future prospects.
XRP-3,48%
MarketWhisper·1h ago
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