Daily Report

Provides daily updates on the cryptocurrency market, technical analysis, and policy news, offering comprehensive data and trends to support informed investment decisions.

Articles (129)

Gate Research: Polymarket Hits $1B Monthly Volume, Base Network USDC Transfers Reach Record High
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Gate Research: Polymarket Hits $1B Monthly Volume, Base Network USDC Transfers Reach Record High

Gate Research Daily Report (October 18): In the past 24 hours, the price of Bitcoin increased by 0.81%, currently at $68,072, while Ethereum rose by 0.15%, reaching $2,621. U.S. Bitcoin and Ethereum spot ETFs recorded net inflows of $470 million and $48.41 million, respectively. The Bitcoin reserves held by cryptocurrency trading platforms are now around 2.68 million BTC, marking a historic low. Polymarket’s trading volume in October 2024 hit a new record, surpassing $1 billion. Additionally, six projects publicly announced funding rounds in the last 24 hours, with the highest amount being $12.5 million.
10/20/2024, 1:09:39 PM
Gate Research: BTC Retraces After Approaching $68,000 Resistance, Grayscale Applies to Convert Mixed Crypto Fund to an ETF
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Gate Research: BTC Retraces After Approaching $68,000 Resistance, Grayscale Applies to Convert Mixed Crypto Fund to an ETF

Gate Research Daily Report (October 16): After BTC approached $68,000, its price quickly retraced, resulting in a "double liquidation" scenario affecting both long and short positions. Bitcoin spot ETFs saw a total net inflow of $371 million, while Ethereum spot ETFs had a net outflow of $12.7 million. Grayscale applied to the U.S. SEC to convert its mixed crypto fund, which includes BTC, ETH, and SOL, into an ETF. Ripple announced its global distribution partners for Ripple USD. Celestia activated the Shwap upgrade for its DA network on the testnet, with plans to enter the mainnet beta phase in November. Puffer Finance has opened claims for its first-season airdrop, with the second season currently in progress.
10/17/2024, 2:32:07 AM
Gate Research: Bitcoin Breaks Strongly Above $66K, Puffer Airdrop Surges Nearly 60% Upon Launch, Gate.io Launches PUFFER Staking
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Gate Research: Bitcoin Breaks Strongly Above $66K, Puffer Airdrop Surges Nearly 60% Upon Launch, Gate.io Launches PUFFER Staking

Gate Research Daily Report (October 15):The crypto market performed strongly, with BTC surpassing $66,000 and ETH standing above $2,630, reflecting a significant increase in buying sentiment. Spot ETFs for Bitcoin and Ethereum in the U.S. recorded net inflows of $556 million and $17.07 million, respectively, indicating a revival of investor confidence. The Fear and Greed Index rose from 48 to 65, signaling a shift in market sentiment toward greed. Currently, 91% of BTC addresses and 66% of ETH addresses are in profit. Over the past week, crypto asset investment products saw inflows of $407 million, with multi-asset products attracting capital for the 17th consecutive week. Additionally, Puffer’s Total Value Locked (TVL) surged to $1.4 billion, with its token price increasing by 95% within 24 hours.
10/16/2024, 2:55:08 AM
Gate Research: Bitcoin Surges Over $64,000 with High Trading Volume; Base On-Chain Transactions Surge; Gate Ventures Launches Move Ecosystem Fund
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Gate Research: Bitcoin Surges Over $64,000 with High Trading Volume; Base On-Chain Transactions Surge; Gate Ventures Launches Move Ecosystem Fund

Gate Research Daily Report(October 14) : BTC price rose 1.84% in the past 24 hours. On October 11, the total net inflow for U.S. Bitcoin spot ETFs reached $254 million. Base network’s trading volume surged, accounting for 40% to 60% of the combined volume across Arbitrum, Base, and Optimism. USDT (ERC-20) balance on exchanges increased by 152.38% to $22.4 billion, setting a new all-time high. Raydium’s average daily trading volume in October exceeded $1.017 billion. Gate Ventures and Boon Ventures announced a partnership with Movement Labs to establish a new $20 million fund to foster the growth of the Move ecosystem.
10/15/2024, 5:50:40 AM
Gate Research: Optimism Announces Fifth Airdrop, Uniswap Launches L2 Network 'Unichain'
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Gate Research: Optimism Announces Fifth Airdrop, Uniswap Launches L2 Network 'Unichain'

After a 0.54% decline, BTC rebounded above $59,500, with short-term support at that level. Bitcoin ETFs saw a net outflow of $110 million yesterday, while Ethereum ETFs recorded a net outflow of $14.79 million. Ripple introduced a cryptocurrency custody service aimed at supporting banks and fintech companies. Meanwhile, the U.S. IRS is facing a new lawsuit over its tax policy on cryptocurrency staking. Uniswap launched Unichain, a Layer-2 network based on Optimism technology, designed to accelerate decentralized finance (DeFi) transactions. Additionally, the fifth season of Optimism's airdrop saw active addresses surge to 38,000 yesterday, marking the highest level in nearly a year.
10/12/2024, 12:42:49 AM
Gate Research: DAO Treasury Value Drops 44% Over Six Months, Fidelity Increases Bitcoin Holdings by Over $100 Million
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Gate Research: DAO Treasury Value Drops 44% Over Six Months, Fidelity Increases Bitcoin Holdings by Over $100 Million

Gate Research Daily Report: October 9, Over the past 24 hours, BTC experienced a slight decline, and whether the $62,000 support level holds will depend on future market signals. Bitcoin ETFs saw a net outflow of $18.66 million yesterday, while Ethereum ETFs had a net outflow of $8.19 million. The total value of DAO treasuries has dropped by 44% over the past six months, with Optimism still leading the pack. A generational shift is underway among Bitcoin whales, with new whales poised to surpass old whales. Fidelity increased its Bitcoin holdings by over $100 million in the past 24 hours. A United Nations agency has recommended criminalizing unlicensed virtual asset service providers in Southeast Asia to combat online fraud.
10/10/2024, 2:36:35 AM
Gate Research: BTC Faces Resistance in Upward Breakthrough, Solana Ecosystem Projects See a Surge in Funding
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Gate Research: BTC Faces Resistance in Upward Breakthrough, Solana Ecosystem Projects See a Surge in Funding

Gate Research Daily Report: October 8, BTC faced resistance and experienced a pullback, with trading volume weakening. Despite the short-term correction, the overall trend has not significantly reversed. The U.S. Bitcoin spot ETF saw a net inflow of $235 million, while the Ethereum ETF had no net inflow. In Q3, 29 projects within the Solana ecosystem raised $173 million, the highest level since Q2 2022. Premier League clubs have secured nearly £130 million in sponsorship deals with crypto companies in 2024, marking a 30% year-on-year growth. HBO has released a documentary titled Money Electric: The Bitcoin Mystery, investigating the identity of Bitcoin’s creator. An official from the European Central Bank has proposed the creation of a unified digital asset ledger to promote financial integration and improve efficiency. The Arbitrum Foundation recently announced the launch of the "Road to Devcon" initiative, focusing on increasing investment and attention in the Asian market.
10/9/2024, 2:30:24 AM
Gate Research: USDC Circulation Increased by 700 Million Within a Week, 68% of ETH Addresses Now Profitable
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Gate Research: USDC Circulation Increased by 700 Million Within a Week, 68% of ETH Addresses Now Profitable

Gate Research Daily Report: September 29, BTC and ETH experienced slight pullbacks, dropping by 0.62% and 0.83% over 24 hours, respectively. If they break through resistance levels, further gains are possible. U.S. Bitcoin and Ethereum spot ETFs saw net inflows of $494.2 million and $58.65 million, respectively, with Bitcoin spot ETFs marking their seventh consecutive day of net inflows. BlackRock's Ethereum ETF assets have surpassed $1 billion. Over the past week, USDC circulation increased by approximately 700 million tokens, bringing the total circulation to 36.2 billion tokens. Additionally, 68% of ETH addresses are now in a profitable position.
9/30/2024, 3:48:08 AM
Gate Research: Bitcoin Spot ETF Sees Net Inflow of $360 Million, Market Strongly Rebounds with Significant Gains Across Multiple Sectors
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Gate Research: Bitcoin Spot ETF Sees Net Inflow of $360 Million, Market Strongly Rebounds with Significant Gains Across Multiple Sectors

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.
9/28/2024, 5:53:06 AM
Gate Research : POS Public Chain Staking Market Value Surpasses $500 Billion; Banana Gun to Compensate for the recent Hack with $3 Million
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Gate Research : POS Public Chain Staking Market Value Surpasses $500 Billion; Banana Gun to Compensate for the recent Hack with $3 Million

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.
9/26/2024, 2:52:53 AM
Gate Research: Bitcoin Faces Pressure and Pullback, Tokenized Precious Metals Market Cap Surpasses $1 Billion
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Gate Research: Bitcoin Faces Pressure and Pullback, Tokenized Precious Metals Market Cap Surpasses $1 Billion

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.
9/25/2024, 2:21:36 AM
Gate Research: SEC Approves Bitcoin Options, BTC Nears $65,000 Resistance, U.S. Spot Bitcoin ETF Holdings Hit Record High
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Gate Research: SEC Approves Bitcoin Options, BTC Nears $65,000 Resistance, U.S. Spot Bitcoin ETF Holdings Hit Record High

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.
9/24/2024, 12:58:27 PM
Gate Research: Bitcoin and Ethereum Show Modest Gains, Spot ETF Outflows Continue
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Gate Research: Bitcoin and Ethereum Show Modest Gains, Spot ETF Outflows Continue

Gate Research Daily Report: On September 13, BTC price increased by 1.30%, currently at $58,150.4, with a total rise of 3.66%. ETH price saw a slight increase of 0.28% to around $2,360, with future trends depending on a breakout from the current consolidation range. Ethereum’s daily gas usage reached an all-time high on September 1. DOGS has the highest total holdings across the network, amounting to $24.555 billion. Yesterday, Bitcoin ETFs saw a net outflow of $39.02 million, while Ethereum ETFs had a net outflow of $20.14 million. 1inch released an innovative cross-chain whitepaper, introducing the Fusion+ protocol aimed at simplifying user experience. eToro USA LLC has agreed to pay $1.5 million to settle charges from the SEC.
9/14/2024, 2:21:36 PM
Gate Research: Bitcoin Mining Difficulty Hits All-Time High, ENS Partners with PayPal
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Gate Research: Bitcoin Mining Difficulty Hits All-Time High, ENS Partners with PayPal

Gate Research Daily Report: September 11 —In the past 24 hours, Bitcoin rose by 0.94%, while Ethereum gained 1.34%. Among altcoins, notable increases were seen in sectors such as gaming blockchains, storage, and AI agents. U.S. Bitcoin and Ethereum spot ETFs saw net inflows of $116.9 million and $11.44 million, respectively. Bitcoin mining difficulty has shown an upward trend over the past six months, reaching a new peak in September. ENS Labs announced that PayPal and Venmo will support the Ethereum Name Service (ENS). Additionally, three projects publicly announced funding rounds in the past 24 hours, raising over $17.1 million, primarily in the gaming and DeFi sectors.
9/12/2024, 5:29:30 AM
Gate Research:Bitcoin Rebounds Today, Friend.Tech Under Fire for Soft Rug
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Gate Research:Bitcoin Rebounds Today, Friend.Tech Under Fire for Soft Rug

Gate Research Daily: September 10 — BTC price increased by 3.33% Over the past 24 hours, while ETH rose by 1.94%. Altcoins saw broad gains following BTC’s rebound, with notable surges in sectors like BTC sidechains, cat-themed cryptocurrencies, and AI Agents. Bitcoin spot ETFs recorded a total net inflow of $287 million, while Ethereum spot ETFs saw a net outflow of $5.2 million. The development team behind Friend.Tech announced they have relinquished control of the platform’s smart contract. On September 10, three projects publicly announced funding rounds, raising over $16 million collectively, spanning gaming, AI, and oracle sectors.
9/10/2024, 2:49:28 PM

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