Altcoins

Magic Eden is a decentralized NFT marketplace built on the Solana blockchain, rapidly rising to prominence due to its fast transaction processing speeds and low fees, capturing over 90% of Solana's NFT trading volume. The platform not only offers innovative features such as a launchpad, popular collections leaderboard, attribute filters, and auctions but also launched the Magic Eden Wallet, a cross-chain cryptocurrency wallet focused on NFT management and security. Magic Eden's partnership with Aethir further extends its influence within the gaming ecosystem, while the launch of the ME token heralds a new era of cross-chain trading and dApp integration. In the Bitcoin (BTC) market, Magic Eden has surpassed a 70% market share, with approximately 78% of its trading revenue coming from the Bitcoin NFT market, demonstrating its strong influence and ongoing commitment to this emerging market.

Gate Research Daily Report: September 27, BTC and ETH performed strongly, rising by 3.19% and 2.01% respectively over the past 24 hours. BTC is currently testing the $66,000 resistance level. The U.S. Bitcoin spot ETF saw a net inflow of $366 million yesterday, while the U.S. Ethereum spot ETF experienced a net outflow of $680,000. Most altcoins outperformed the broader market, with notable gains in the Cross-chain Communication, BRC-20, and Doge meme sectors. Avalanche launched a $40 million grant program, paving the way for the "Avalanche9000" upgrade. In the past 24 hours, only one project in the DEPIN (Decentralized Physical Infrastructure Networks) sector announced a funding round, raising $10.8 million.

Gate Research Weekly Review and Outlook reports, BTC showed an upward trend this week, reaching a high of 64,812 before pulling back. The resistance level to watch is $64,800. This week, Bitcoin ETFs saw a net inflow of $352 million, while Ethereum ETFs experienced a net outflow of $69.76 million. The total market cap of stablecoins increased by 0.65%, indicating further inflow of off-market incremental funds. Hamster Kombat released its roadmap, planning to launch a dedicated advertising network with revenue used for token buybacks. PayPal will allow U.S. business customers to buy, hold, and sell cryptocurrencies. The Base network's Total Value Locked (TVL) surpassed $1.9 billion, reaching a new all-time high. Truflation suffered a hacker attack, resulting in a loss of approximately $5 million.

PolitiFi tokens are an emerging phenomenon in the cryptocurrency space that combines political events and figures with decentralized financial systems. These tokens are based on blockchain technology and often express political satire in the form of memes, leveraging hot political figures or events to attract investors.

Explore RunesTerminal, a platform using Bitcoin's blockchain with the innovative Runes Protocol to offer tools for token creation, project launches, and blockchain exploration.

Gate Research Daily Report: On September 25, BTC price rose 2.24% in 24 hours to about $64,361, reaching a resistance level of $64,500. Total net inflow for Bitcoin spot ETFs was $136 million, while Ethereum spot ETFs saw $62.51 million in inflows. For each 50 basis points drop in interest rates, Tether and Circle could lose $488 million and $144 million in annual revenue, respectively. The SEC has settled with TrueCoin LLC and TrustToken Inc. regarding the stablecoin TrueUSD. Additionally, Banana Gun will fully compensate 11 users who lost $3 million in a recent security incident, and Wintermute has proposed the issuance of 250 million ARB tokens.

This article delves into the impact of token unlocking events on prices within the cryptocurrency market, summarizing the key findings from the Messari report. It also offers practical advice on how to track these events and analyzes the effects of increasing circulating supply on the market. The article highlights how unlocking events influence token performance and provides a preview of significant upcoming unlock events.

In 2024, Notcoin and DOGS gained significant market attention in an incredibly short span, attracting tens of thousands of users and achieving remarkable success. As both projects are part of the TON ecosystem, what commonalities do they share in their success? This article offers an in-depth analysis and comparison of the success paths and market strategies of Notcoin and DOGS.

This article provides an in-depth look at Cardano (ADA), a decentralized Proof-of-Stake (PoS) blockchain. It explores how Cardano works and its unique place in cryptocurrency. Cardano's goal is to create a multi-chain ecosystem that allows smooth interactions between different blockchains while offering financial services to people who don’t have access to banks. The article covers the background of Cardano’s founding, its rivalry with Ethereum, its energy-efficient design, and its scalability. It also explains Cardano’s NFT market and staking mechanism. It highlights Astarter, a key player in Cardano’s DeFi ecosystem, which serves as a hub for DeFi infrastructure, offering services like Launchpad, DEX, money markets, and technical support. Cardano Connect (CNS), a social network built on Cardano, is also discussed. CNS allows users to create profiles on the blockchain and manage domain registrations, auctions, and decentralized user records, promoting social interaction and Web3 experiences within the Cardan

Gate Research Daily: September 24, Bitcoin (BTC) has seen a 24-hour price decline of 1.44%, currently trading at $63,074. Sectors such as account abstraction, decentralized identity, and cat-themed memes are experiencing strong upward trends. The total net inflow for Bitcoin spot ETFs in the U.S. is $4.56 million, while Ethereum spot ETFs have a total net outflow of $79.21 million. Lombard has minted 5,861 LBTC, with a total market capitalization of $368 million. The decentralized gaming platform Treasure DAO is set to launch the Treasure Layer2 network based on the ZKSync ecosystem. Three projects have publicly announced funding, raising over $6 million, focusing on infrastructure and DeFi sectors.

Click to learn about the new project LayerPixel, the home of the first weighted DEX pool on TON.

Gate Research Daily: September 23, Bitcoin (BTC) is consolidating around the $64,000 level, with similar trends seen in Ethereum (ETH) and Solana (SOL). Market sentiment remains optimistic, with the majority of BTC and ETH contracts showing a bullish bias. Last Friday, Bitcoin ETFs saw a net outflow of $170 million, while Ethereum ETFs experienced a $6 million outflow. However, U.S. Bitcoin spot ETF holdings reached an all-time high. Plume Network plans to tokenize approximately $1.25 billion in real-world assets by Q4. Solana Mobile officially named its second-generation smartphone "Seeker," with over 140,000 units pre-sold. The SEC has approved options contracts related to the iShares Bitcoin Trust ETF for Nasdaq listing.

Explore how Reform DAO is revolutionizing the cryptocurrency market-making landscape through decentralized automation and AI-enhanced strategies.

The flow of money in a country's economy is managed by the central bank, which makes adjustments to meet the economy's evolving needs. These decisions influence the prices of financial assets, including cryptocurrencies.

Rebel Bots (RBLS) is a blockchain-based gaming platform where players build armies, battle in alien worlds, and earn rewards using NFTs and tokens.