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 (March 30): Washington sues Kalshi prediction market; Canada plans to ban cryptocurrency political donations.

Gate Daily (March 30): Washington sues Kalshi prediction market; Canada plans to ban cryptocurrency political donations.

Bitcoin prices remain weak, around $66,380 on March 30. The U.S. Kalshi prediction market is facing lawsuits, and Canada plans to ban cryptocurrency political donations entirely to reduce election risks. U.S. stocks have plummeted, with significant declines in tech stocks. Concerns over war and inflation have led to investor pessimism, and future attention must be paid to U.S. stock trends.

MicroStrategy pauses its 13-week streak of buying Bitcoin and promotes STRC preferred stock.

MicroStrategy's Executive Chairman Michael Saylor did not release the Bitcoin tracking chart on March 29, ending a consecutive 13-week buying signal, and instead promoted the company's perpetual preferred stock STRC. MicroStrategy has accumulated a total of 762,099 Bitcoins but is currently in a paper loss position. The company is shifting its financing focus to STRC to support future Bitcoin purchasing plans.

Why Is Bitcoin Down Today? The U.S. Extends the Iran War, ETF Outflows Accelerate as Miners Surrender

Bitcoin has fallen below $67,000, with a weekly decline of about 3%, influenced by U.S. military actions against Iran, along with outflows from spot Bitcoin ETFs and the return of interest rate hike expectations in pricing, leading to a fearful market sentiment. Increased miner sell-offs have been noted, but it is pointed out that demand-side expansion confirmation is needed to maintain a bullish outlook.

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Bittensor token surged over 20% this week as the ecosystem exploded, analysts issued a threefold risk warning.

Bittensor (TAO) has recently rebounded to around $330, and the spot CVD indicator has turned positive, indicating that market demand is picking up. However, analysts warn that spot, futures, and retail participation are rising in parallel, increasing risk and possibly signaling a fragile market. The ecosystem’s total market cap has surpassed $1.4 billion, showing growing confidence in decentralized AI models.
TAO-0,62%
MarketWhisper·22m ago
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UFC commentator misreports champion! Polymarket traders profit a hundredfold.

In the UFC event on March 29, the host incorrectly announced the winner, creating a 50-second arbitrage opportunity. Trader LlamaEnjoyer took advantage of this by buying a winning contract at a 1-cent low payout rate, ultimately achieving nearly a 100x return and settling $67,608. The incident highlights the pricing fragility of prediction markets and their potential arbitrage opportunities, showing rapid market growth—monthly trading volume has already reached $10.4 billion in 2026.
MarketWhisper·29m ago
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Middle East powder keg ignites crisis! Houthi forces enter the fray, U.S. stocks plunge, oil prices break 103.

The Houthis announced their involvement in the Israel conflict and launched missiles, causing a dramatic shift in the situation in the Middle East, threatening Red Sea shipping and Saudi energy routes, and potentially triggering a sharp global oil supply crunch. U.S. stocks fell for five straight weeks, the market lacks safe-haven assets, inflation concerns are rising, and the likelihood of a ceasefire in the short term appears slim.
MarketWhisper·36m ago
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The RWA Yield Infrastructure Trade

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.
RWA-0,73%
KMNO-1,42%
MORPHO3,41%
FLUID-0,35%
CoinDesk·45m ago

Selling Faces to Train AI but Becoming a Victim of Deepfakes: The Dark Truth of the Global AI Gray Industry

A UK Guardian investigation reveals a global gray-market industry in which ordinary people sell their voices, images, and more through platforms in exchange for compensation to meet the AI’s demand for data. While it can generate income, it carries legal risks and privacy concerns—especially because the licensing terms are unfavorable to suppliers—and it may be used for deepfakes.
MarketWhisper·47m ago
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