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 Report (March 19): SEC Approves Nasdaq Tokenized Stock Trading Pilot Program; Algorand Foundation Cuts 25% of Workforce

Gate Daily Report (March 19): SEC Approves Nasdaq Tokenized Stock Trading Pilot Program; Algorand Foundation Cuts 25% of Workforce

Bitcoin's price has pulled back to around $70,990, the Federal Reserve has kept interest rates unchanged, and the U.S. SEC has approved Nasdaq to support tokenized stock trading. The Algorand Foundation has laid off 25% of its workforce due to market downturn. U.S. stocks have declined, with inflation and geopolitical tensions becoming focal points for investors.

SEC Chair: NFTs Are Collectibles, Not Investment Contracts, Not Subject to Securities Law Regulation

U.S. Securities and Exchange Commission Chairman Paul Atkins pointed out that NFTs are generally not regulated under securities laws because they resemble physical collectibles rather than investment contracts. The SEC has clearly identified four categories of digital assets that are generally not considered securities, including digital commodities, digital utilities, digital collectibles, and stablecoins. Atkins emphasized that regulation will transform, providing clearer guidance rather than relying on enforcement.

FTX $2.2 Billion Compensation Distributed in March, Creditors Still Unsatisfied

The FTX Bankruptcy Estate will distribute $2.2 billion to creditors on March 31st, marking the fourth distribution since 2025, with cumulative payouts reaching $10 billion. Compensation is calculated based on cryptocurrency asset values at the time of claim filing in 2022, which has sparked creditor dissatisfaction as actual asset values have risen significantly. Additionally, FTX founder Sam Bankman-Fried faces imprisonment, with speculation about potential pardons. A fifth distribution is planned for 2026.

Why Did Bitcoin Decline Today? Powell Sends Hawkish Signals, Trump Considers Troop Increase in Middle East

Bitcoin fell to $70,767 on March 19 following hawkish signals from Federal Reserve Chairman Powell, who warned that rising oil prices could exacerbate inflation; meanwhile, U.S. military troop reinforcements in the Middle East heightened geopolitical risks. The $70,000 level is a critical support for Bitcoin, and a break below it could accelerate further downside.

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Bitcoin OG Large-Scale Profit-Taking Sale, Whale Transfers 1650 Bitcoin

Recently, early Bitcoin holders have engaged in large-scale selling, drawing market attention. Two Bitcoin OGs achieved profits of approximately $330 million combined, with one accumulating Bitcoin at an average price of $332 in 2013 and recently transferring 1,000 BTC. Meanwhile, exchange whale capital inflow ratios reached an 8-month high, indicating that large holders are dominating the market. Bitcoin price continues to face pressure, declining over 43% from its all-time high.
BTC-4,44%
MarketWhisper·6m ago
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Nasdaq Wins SEC Approval to Trade Tokenized Securities in Pilot Program

In brief The plan covers Russell 1000 stocks and some index ETFs at launch, with the same rights, symbols, and priority. Tokenized trades would still flow through DTC and revert to traditional settlement if needed. During the review, commenters questioned its mechanics, market risks, and
CPOOL-3,48%
Decrypt·21m ago

Pudgy World Counterfeit! Malwarebytes Warns of Phishing Website Stealing Wallet Passwords

Cybersecurity company Malwarebytes has warned of a fake website "pudgypengu-gamegifts[.]live" impersonating the newly launched Pudgy World game, attempting to steal cryptocurrency wallet passwords. The attackers meticulously replicated 11 wallet interfaces, exploiting players' trust in connecting wallets. Experts recommend that users access official websites only through bookmarks and remain vigilant against any prompts requesting wallet passwords to be entered on web pages.
ETH-5,79%
SOL-4,51%
MarketWhisper·25m ago
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Fold Loses 69.6 Million Annually, Pivots Strategy, Bets on Bitcoin Credit Card Expansion

Bitcoin financial services company Fold reported a net loss of $69.6 million in its 2025 report, with the stock price falling to $1.07. The company will launch a Bitcoin rewards credit card as a core strategy to expand its customer base and continues to push forward in enterprise solutions, but the widening losses are mainly due to business expansion costs and debt repayment. Fold currently holds 1,527 Bitcoins, indicating its long-term development direction.
BTC-4,44%
MarketWhisper·34m ago
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UFO Secrets About to Be Unveiled? White House Registers Aliens.gov Sparks Hot Discussion

The White House recently registered the domain aliens.gov, which currently has no content. Experts speculate it may be related to Trump's announcement of a government plan to declassify UFO files. This move has attracted significant attention, especially following Obama's remarks about the existence of extraterrestrials, which sparked a broader UFO trend. Some commentators believe it could be a political maneuver. The Pentagon's current UFO investigation has not yielded any major discoveries, and its future use remains to be seen.
MarketWhisper·41m ago
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Pi Network PiRC-101 Sparks Controversy, Valuation Exceeds Expectations and Faces Community Scrutiny

PiRC-101 is a governance proposal for Pi Network designed to maintain the purchasing power of Pi tokens through an internal valuation mechanism and manage token dilution issues. The proposal has sparked controversy because the valuation benchmark is considered overly high and lacks transparency. Supporters believe it can promote trust and utility, while critics worry about its feasibility and impact on decentralization principles. Currently, the proposal is still under review and has not yet affected network operations.
PI2,45%
MarketWhisper·54m ago
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Polymarket Acquires Brahma Amid DeFi Startup Consolidation

Polymarket, the blockchain-driven prediction markets platform, is acquiring Brahma, a crypto startup that builds DeFi infrastructure. The move is framed as a step to consolidate Polymarket’s stack and broaden its product suite as the two firms align on a path toward deeper on-chain and off-chain
CryptoBreaking·1h ago