PANews March 4 News, according to the latest crypto weekly report released by Gate Ventures, the overall cryptocurrency market experienced fluctuations and consolidation over the past week. BTC and ETH saw slight price movements, with spot ETF funds still recording net inflows, attracting approximately $787 million and $80.46 million respectively. The top 30 tokens by market cap averaged about a 2.1% increase, and market sentiment remained in the “extreme fear” zone. On the macro level, the US dollar index (DXY) fluctuated between 97.4 and 97.9, gold prices continued to rise, and there was a phase of divergence in cross-asset performance.
In terms of investment and financing, 13 funding transactions were completed last week, with a disclosed total of approximately $76.15 million, a 27% decrease compared to the previous period. Infrastructure projects led the funding scale, with DeFi transactions accounting for about 46%. On the institutional front, several international banks are accelerating their digital asset custody license applications and blockchain payment infrastructure assessments, while stablecoin issuance frameworks continue to be implemented.
The report also pointed out that some large financial institutions are speeding up their deployment in digital asset custody, on-chain payments, and stablecoin issuance frameworks, with ongoing improvements in industry infrastructure and compliance services.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Today’s top 100 cryptocurrencies by market cap: H up 17.60%, ZEC down 8.60%
On March 6th, among the top 100 cryptocurrencies by market cap, Humanity Protocol had the largest increase, rising by 17.60%, while Zcash experienced the largest decline, dropping by 8.60%.
GateNews2h ago
Bitcoin and Ethereum ETFs Record Daily Outflows While Maintaining Weekly Gains
Gate News bot message, according to the March 6 update, Bitcoin ETFs recorded a daily net outflow of 1,697 BTC (valued at $116.94 million), while maintaining a 7-day net inflow of 13,014 BTC (valued at $896.69 million). Ethereum ETFs showed a daily net outflow of 3,185 ETH (valued at $6.34 million),
GateNews2h ago
Shiba Inu: Alert Issued as SHIB Participant Social Media Account Gets Hacked - U.Today
Ragnarshib warns the Shiba Inu community about a hacked account belonging to Vet Kusama, currently used by scammers to send fraudulent messages. Users are advised not to interact with the account or its links until it is recovered.
UToday3h ago
Gold and silver prices rise across the board, BTC volatility index BVIX drops 1.27% intraday
On March 6th, gold and silver prices rose to $5,107.70 per ounce and $82.980 per ounce, respectively, while the volatility index slightly declined. In the foreign exchange market, the USD against the RMB fell, and the USD against the JPY rose. Global stock markets generally declined, while WTI and Brent crude oil prices significantly increased. The Gate platform offers a variety of financial product trading services.
GateNews3h ago
VeChain Demonstrates Blockchain Benefits With 5.2M Wallets Earning Weekly Rewards
VeChain’s VeBetter DAO has verified 48 million actions on more than 50 apps, and 5.2M wallets can now earn B3TR every week.
VeChain’s B3TR guide details app rewards, Vote2Earn, and GM NFT incentives tied to verified onchain sustainability actions.
VeChain has presented fresh data from its Ve
CryptoNewsFlash8h ago