Macro Trends

This article provides readers with a clear understanding of the ongoing battle between bullish and bearish forces on Wall Street, along with the subtle transformation of U.S. monetary authority.

Gate Research Daily Report: On December 3, the broader crypto market saw a mild recovery. BTC and ETH rebounded to the $91,000–$93,000 range and above $3,000, respectively, with short-term momentum strengthening in tandem. Among top movers, PIEVERSE (+78%) surged on strong demand following its on-chain AI Agent recruitment event; LIGHT (+44%) became a focal point within the Bitcoin ecosystem amid major RGB cross-layer DEX progress; and PARTI (+33%) rallied on Universal Accounts expanding to Monad alongside several ecosystem integrations. On the industry side, Bitcoin mining profitability has fallen to historic lows, putting miners under significant margin pressure. Tether Data launched QVAC Fabric LLM, a low-barrier framework enabling local AI model training on consumer hardware. Meanwhile, Flow advanced its shift toward financial infrastructure, rolling out native credit-market protocols and expanding its DeFi-oriented roadmap.

Gate Research Daily Report: Bitcoin fell further below $84,000 on Tuesday, and dragged by BTC’s correction, Ethereum dropped below $2,800 over the past 24 hours, approaching its key $2,600 support again. Ancient8 announced a partnership with the gaming identity layer Dæmons, driving A8 up 89% in the past 24 hours; PRIME’s recent gains were mainly fueled by exchange listings and trading incentives, rising 45% over the same period. Kalshi announced it will tokenize thousands of its existing prediction market contracts on Solana, a move likely to attract more institutional and retail participation; meanwhile, Strategy established a $1.44 billion dividend reserve fund to support payouts, signaling robust cash flow and liquidity management to investors.

This article outlines targeted traffic strategies and data-driven examples for platforms like TikTok, LinkedIn, and Telegram. These insights enable teams to capture new Web2 users ahead of institutional entry.

Gate Research Daily Report: On December 1, BTC experienced a high-volume plunge after a prolonged sideways consolidation at the upper range, forming a rapid downward structure and hitting a low of $86,317, confirming a short-term trend shift from sideways to bearish. ETH had been consolidating near $3,030 for several days but repeatedly failed to break above resistance, with momentum gradually weakening. The price then sharply broke down near the dense moving average zone, falling to a low of $2,831. In November, cryptocurrency trading volume fell to $1.6 trillion, the lowest level in nearly five months. TON and the Telegram ecosystem officially launched the decentralized privacy computing network Cocoon. A Chainlink spot ETF is expected to launch this week, while Grayscale plans to convert its private trust into an ETF.

This article can be described as a 2026 roadmap + topic repository, complete with entry logic and protocol examples, helping entrepreneurs and investors identify the next wave of Alpha.

The article provides key monitoring indicators for market bottoming, helping readers identify structural turning points in a high-volatility environment.

Gate Research Daily Report: On November 28, BTC saw a clear volume-driven breakout after several days of wide-range consolidation; ETH remains in a strong market structure; GT continues to maintain a solid short-term uptrend; and BBT became the spotlight with an impressive +83.14% surge. MegaETH issued full refunds due to disorganized pre-deposit fundraising and plans to relaunch its cross-chain bridge. The Monad mainnet has officially gone live, with multiple ecosystem projects releasing new earning opportunities. Meanwhile, Ethereum has raised its block gas limit to 60 million, reaching record-high throughput ahead of the upcoming Fusaka upgrade.

Gate Research Weekly Report: BTC and ETH have both reclaimed key psychological levels at $90,000 and $3,000, respectively, signaling a clear recovery in market sentiment. Funds are rotating across multiple sectors, including exchange tokens, Layer-1s, and meme coins. S&P downgraded Tether–USDT’s stability rating to “Weak” but Stable; the Cosmos community has initiated a new ATOM token proposal, reigniting debate over token-economic risks; and Ethereum co-founder Vitalik donated to privacy-focused communication efforts. Plasma’s token has fallen 90% from its early peak, with the project still far from delivering on its ambitious promises. Bitcoin faces a $13.6 billion monthly options expiry this Friday, with 77% of open interest sitting out-of-the-money. Resulting hedging flows may continue to amplify short-term volatility.

This article offers a thorough analysis of the recent Reuters “DOGE Dissolution” hoax, exposing the underlying factors driving media narratives, political polarization, and bureaucratic tactics. It systematically examines the differing perspectives on DOGE’s viability. The article also presents specific outcomes related to budget reductions, workforce downsizing, and contract terminations achieved by Musk’s team. Additionally, it examines the government’s complex transition from aggressive reforms to institutional reforms. By analyzing the ideological clash between Scott Kupor and Musk, the article demonstrates how DOGE continues to influence Washington’s power dynamics and the direction of reform efforts.

Gate Research Daily Report: On November 26, the crypto market stabilized amid extreme fear, with the Fear & Greed Index remaining at 15. BTC rose 0.57% while ETH gained 0.79%. Among top movers, Monad (+43.61%) saw strong inflows driven by its mainnet launch and rapid ecosystem deployment; Story Network (+21.66%) rallied on the launch of prediction markets, the migration of education and cultural datasets on-chain, and support from a publicly listed company; ICNT (+20.80%) gained traction following the release of its Q4 network metrics and the announcement of its “4-layer cloud stack.”At the industry level, Circle Arc introduced Gateway to enhance cross-chain USDC liquidity; crypto venture funding climbed to $4.59B in Q3, though capital remained highly concentrated; and USDe TVL drops to $7.6 billion, more than halving from its October level.

Gate Research Daily Report: Bitcoin rebounded after stabilizing around the $86,000 level, likely supported by renewed expectations of rate cuts; Ethereum began a recovery on Tuesday after consolidating for several days in the $2,700–$2,800 range. PIPPIN surged 103.36%, driven by renewed popularity of its AI-themed narrative and meme storytelling within trader communities; L3’s recent rally—up 82.58% in the past 24 hours—was fueled primarily by its token-scarcity model. AVAX One spent approximately $110 million to acquire 9.37 million AVAX, while CME U.S. Treasury open interest hit a record high, signaling a decline in investor risk appetite.

The article reveals the dynamic mechanisms of bubble formation and burst through the analysis of historical cases, highlighting the role of wealth disparity in this process, and explores the potential impacts of wealth tax on the economy and society.

Gate Research Daily Report: On November 24, BTC’s current price has retraced to around $86,600. If it continues to break below the short-term moving average support, it may face further downside toward the $85,800–$84,500 support range. ETH showed a slightly bearish consolidation pattern, encountering resistance around $2,840 and currently oscillating near $2,780. Ethena’s Q3 fee revenue hit a record high, surpassing $150 million; video-sharing platform Rumble launched the Rumble Wallet, supporting BTC, XAUT, and USDT tipping; and Wormhole Labs introduced Sunrise, bringing assets like MON into the Solana ecosystem.

BTC and ETH continue to trade in a weak, choppy structure, with prices trending lower and rebounds lacking strength. Volatility has spiked multiple times, reflecting fragile sentiment. On the derivatives side, leverage has not returned after a major deleveraging event, with open interest remaining at low levels. The concentrated long liquidations in early November further indicate declining confidence, suggesting that short-term downside risks remain. From a quantitative strategy perspective, the moving-average trend-breakout model has delivered strong performance in assets such as XRP, DOGE, and ADA, though it may still face signal delays and stop-loss whipsaws during strong one-sided trends. In contrast, the Gate Quant Fund employs a market-neutral arbitrage and hedging framework, emphasizing stable returns and risk control, offering investors a lower-volatility and more sustainable long-term allocation option.