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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Lido DAO plans to spend 20 million to buy back LDO; strong agreement but hard to save the coin price downturn.

Lido DAO has proposed a buyback plan to exchange 10,000 Lido Staked Ether for LDO tokens, totaling approximately $20 million, in response to the significant drop in LDO prices. The plan employs methods such as batch authorizations and limit orders to reduce market impact while retaining veto rights for token holders. LIDO faces the risk of centralization in the staking market, which could affect long-term valuations.
LDO1,36%
STETH1,13%
ETH1,09%
MarketWhisper·8m ago
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Pi Network enforces an upgrade, and the KYC three-year expiration has sparked strong doubts in the community.

The core team of Pi Network announced that all nodes must upgrade to Protocol 21 by April 6, or they will be disconnected from the mainnet. This announcement has triggered strong dissatisfaction from users regarding the KYC system's ineffectiveness, with many expressing disappointment over the KYC verification process being stagnant for three years, fearing that the rewards from long-term mining will be unredeemable. The team has yet to respond to the KYC complaints.
PI-1,63%
MarketWhisper·12m ago
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YoungHoon Kim: XRP is expected to rise by 7475%, five predictions are questioned by many.

Korean social media figure Kim Yong-hoon has made five XRP predictions on the X platform, targeting a price of $100, which would represent a 7547% increase. He claims that the altcoin bull market has begun and predicts that meme coins will rise first. Although he has a large following, his past predictions have often been inaccurate, raising questions about his credibility. In the current macro environment, achieving a $100 target for XRP is considered extremely optimistic.
XRP0,89%
BTC0,52%
MarketWhisper·15m ago
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Stablecoin market capitalization surpasses 310 billion, with Ethereum's second position being approached by USDT.

Ethereum (ETH) is currently facing structural challenges from the Tether stablecoin USDT, which has seen its market cap grow by 622.50% over five years, greatly surpassing ETH's 11.75%. The stablecoin market size has increased from $5 billion to $310 billion, indicating a rise in safe-haven demand. ETH is also affected by geopolitical and monetary policy factors, with institutional funds withdrawing, leading to a stagnant market cap growth. Technical analysis suggests that ETH could drop to $1,250, further widening the market cap gap with USDT.
ETH1,09%
XRP0,89%
MarketWhisper·25m ago
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Coin Center warns: The U.S. government changeover may suppress cryptocurrency.

Coin Center Executive Director Van Valkenburgh warned that if the CLARITY Act fails to pass, the U.S. government may crack down on cryptocurrency in the absence of clear rules. He emphasized that the current administration's friendly stance has no legal binding, and the lack of legislative protection will increase the legal risks faced by the industry, criticizing operators for focusing only on short-term gains. The bill is stalled in the Senate, mainly due to conflicts of interest between the banking sector and crypto companies.
MarketWhisper·31m ago
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xStocks launches on-chain private-shares fund

Late-stage private-market exposure is moving on-chain as tokenized equity platforms expand their coverage of prominent technology companies. xStocks announced a collaboration with Fundrise to tokenize the Fundrise Innovation Fund, a closed-end vehicle whose portfolio includes private stakes in
CryptoBreaking·33m ago

Lido DAO Proposes $20 Million LDO Token Buyback amid 96% Price Decline

Lido DAO, the decentralized governance body behind the largest liquid staking protocol on Ethereum, proposed a one-off $20 million buyback of its LDO governance token on March 28, 2026, citing a significant price dislocation between the token’s market value and the protocol’s underlying fundamentals.
LDO1,36%
ETH1,09%
STETH1,13%
CryptopulseElite·37m ago
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Cash is shifting into bonds as war and inflation jolt the market

The current market is experiencing a chain reaction due to the war in Iran, leading to rising oil prices and increased inflation. Investors are seeking safer assets, with bonds emerging as a prominent choice. Short-term bonds are stable due to expectations of prolonged high interest rates from the Fed, while long-term bonds face volatility due to ongoing macroeconomic risks. This unique situation allows bonds to serve both defensive and profitable roles, attracting capital away from riskier assets like stocks and Bitcoin amidst persistent inflation and geopolitical pressures.
TapChiBitcoin·48m ago

Ripple processes $13 trillion in old volume, Garlinghouse aims for on-chain migration

Ripple's CEO Brad Garlinghouse highlighted the company's growth phase amid a volatile crypto market, revealing major acquisitions and substantial payment volumes. He sees a significant opportunity in moving traditional finance to on-chain solutions, emphasizing the advantages of stablecoins for instant transactions and aiming to build a digital financial infrastructure beyond just XRP.
XRP0,89%
TapChiBitcoin·55m ago