GateNews

Nvidia's stock price plummeted shortly after the US stock market opened, dropping as much as 5%. Crypto trader CBB took the opportunity to continue adding to their position, with NVDA short positions increasing to $15.8 million, currently with an unrealized profit of about $310,000. CBB is quite influential in the trading community, with notable events including the short whale hunt.

Bitcoin quickly rebounded after falling below $70,000, regaining the $67,000 level, driven by strong tech stocks and ETF capital inflows. However, market corrections and technical indicators show bearish signals. If the $65,000 support level is broken, it may test $60,000. Overall trends are influenced by risk sentiment and institutional investor decisions.

Bitcoin price has fallen from nearly $90,000 to about $63,000, with market speculation of "institutional suppression." Bitwise's Chief Investment Officer believes this is mainly due to long-term holders taking profits, rather than manipulation. Data shows that early investors cashing out during price increases is normal, and the current market may be near the bottom. Historically, Bitcoin has rebounded an average of about 35% within two months after adjustments.

BlockBeats News, February 27 — Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media in response to comments claiming "Jane Street dumped at 10 o'clock to trigger long liquidations and manipulate prices for huge profits," stating, "This is not a conspiracy theory; the trend is downward, and we're buying in the middle of the mountain. Currently, we will wait for the bottom confirmation before buying the dip."

Solana launches the payments.org platform, offering real-time stablecoin payment experiences for developers and fintech companies. The platform showcases real USDC transfers, with quarterly stablecoin transfers exceeding 2 trillion and monthly payments surpassing 300 million, featuring low fees and quick confirmations. As payment demand increases, Solana is transforming into a financial infrastructure, and will face more intense market competition in the future.

Morgan Stanley is planning to launch a full-stack digital asset service, covering Bitcoin custody, trading, lending, and more, to deepen its crypto financial footprint. The bank manages nearly $9 trillion in assets, has submitted related ETF applications, and is bringing in decentralized finance talent to advance digital asset capabilities.

The Central Political Bureau of the Communist Party of China emphasized the continued implementation of proactive fiscal policy and moderately loose monetary policy, promoting the development of the domestic market, technological independence and self-reliance, as well as deepening reforms, expanding opening-up, ensuring people's livelihoods, and green transformation.

U.S. Senator Elizabeth Warren has called for a halt to World Liberty Financial's banking license application due to potential conflicts of interest with Trump. OCC Director responded that the application will be evaluated according to standard procedures. This controversy highlights the close relationship between cryptocurrency bank license approvals and political factors, while WLFI plans to launch a foreign exchange platform. If granted a license, it would benefit their position in the crypto market.

Gate News Bot Message, February 27th, according to CoinMarketCap data, as of press time, POWER (Power Protocol) is trading at $1.88, up 70.03% in the past 24 hours, with a high of $2.56 and a low of $0.35. The 24-hour trading volume reached $59.5 million. The current market capitalization is approximately $395 million, an increase of $163 million from yesterday.
## Recent Important News about POWER:
1️⃣ **Institutional Capital Continues to Pour In, Boosts Market Enthusiasm**
Bitkraft, a well-known crypto investment firm, injected $3 million into Power Protocol, demonstrating traditional venture capital's recognition of the project. The influx of institutional capital often drives market risk appetite higher and encourages retail investors to follow suit, which is a key factor in this round of price increase.

The new paper released by the DeepSeek team introduces an inference system called DualPath, which optimizes large model inference performance, achieving a 1.87x increase in offline throughput and a 1.96x increase in online service. The application of large models is driving the evolution of forward intelligent agent systems, promoting a major transformation in human-computer interaction.

According to analyst Murphy's monitoring, the net position of long-term Bitcoin holders continues to grow. Data shows that from mid-February to the end of February, although long-term holders spent 14,127 Bitcoins, the number of Bitcoins transferred from short-term to long-term holders reached 19,798, indicating reduced market liquidity but weakened selling pressure.

Odaily Planet Daily reports that on-chain analyst Ai Yi monitored that address 0xff3…581D7 transferred $8.16 million worth of SIREN to a new address, then recharged Gate with 1 million tokens, approximately $372,000.

Dragonfly Capital founder Feng Bo clarified his relationship with partner Haseeb Qureshi on X, emphasizing that Qureshi is an excellent partner and looking forward to continued collaboration in the future. This statement was made in response to the dispute with former co-founder Alexander Pack.

Gate News Bot Message, February 27th, According to CoinMarketCap data, at the time of press, MYX (MYX Finance) is currently trading at $0.46, up 27.58% in the past 24 hours, with a high of $1.79 and a low of $0.34. The 24-hour trading volume reached $61 million. The current market capitalization is approximately $116 million, an increase of $25 million from yesterday.
MYX is a decentralized derivatives trading protocol supporting perpetual contracts, cross-chain asset swaps, copy trading, and other DeFi services, operating on multiple blockchains including ARB, LINEA, and OPBNB. MYX does not provide asset custody services; all user assets are managed by users themselves in non-custodial wallets, and users execute on-chain transactions by interacting with smart contracts.
## Important recent news about MYX:
1️

Odaily Planet Daily reports that billionaire Grant Cardone says Cardone Capital is preparing to tokenize its real estate holdings and is asking which Layer 2 will be the best partner. (Cointelegraph)
Previously, billionaire Grant Cardone announced that he will launch the world's largest publicly traded real estate Bitcoin company in 2026.

Gate Alpha will launch the 169th GT Points Airdrop on February 27th, using a tiered model. Users can receive different amounts of GT tokens based on their accumulated points. Meanwhile, the top four cryptocurrencies by price increase on Gate Alpha are Chance, KASI, Lollipop, and Jellybean. The platform supports multiple popular public blockchains, enabling seamless cross-chain transactions.

Gate News Bot Message, February 27th, according to CoinMarketCap data, as of press time, VVV (Venice Token) is currently priced at $4.95, up 20.86% in the past 24 hours, with a high of $4.97 and a low of $3.18. The 24-hour trading volume reached $20.1 million. The current market capitalization is approximately $219 million, an increase of $37.7 million from yesterday.
## Recent Important News about VVV:
1️⃣ **Airdrop Campaign Concludes, Releasing Liquidity Expectations**
Venice's airdrop campaign has officially ended, including the burning of $100 million worth of unclaimed VVV tokens. This event marks the clarification of the project's liquidity supply structure, eliminating market uncertainty about subsequent large-scale airdrop releases, which is beneficial for stabilizing holder expectations and providing psychological support for price appreciation.

As Bitcoin prices fluctuate below $70,000, ETF holders and corporate finance departments are beginning to buy put options to hedge against potential downside risks. Deribit, a derivatives platform, noted that these put options provide price insurance for investors, locking in baseline returns. Currently, the open interest in related contracts has reached $1.5 billion, indicating that market defensive sentiment remains strong. The scale of Bitcoin ETF and corporate holdings makes risk management more critical and serves as an important indicator of the market's risk appetite.

At the XRP Australia 2026 event held in Sydney, industry executives pointed out that the Australian cryptocurrency market has seen significant user growth, but still faces banking restrictions and legal uncertainties. Although regulatory communication has improved and institutional investors have gained clearer compliance pathways, market penetration has increased, but crypto businesses remain limited in accessing banking services. Currently, the Australian crypto industry is in a cautious development stage, balancing user expansion and compliance.

Gate News Bot Message, February 27, According to CoinMarketCap data, as of press time, ICP (Internet Computer) is trading at $2.68, up 12.04% in the past 24 hours, with a high of $2.69 and a low of $2.02. The 24-hour trading volume reached $105 million. The current market capitalization is approximately $1.472 billion, an increase of $158 million from yesterday.
Internet Computer is a decentralized cloud computing network that offers tamper-proof, unstoppable, and end-to-end sovereign cloud infrastructure. The network hosts serverless software that is immune to traditional cyberattacks and can handle digital assets and currencies. As a platform prioritized for AI agents, Internet Computer supports the development of high-performance applications and services.