Research

Gate Research Daily Report: On July 18, BTC traded in a narrow range while ETH broke out to a new local high, leading the major assets. The U.S. House of Representatives passed three key crypto bills, including the GENIUS Act, advancing the formation of a comprehensive crypto regulatory framework. Meanwhile, CANARY filed for a Staked INJ ETF, and Russia’s Sberbank announced plans to offer crypto custody services. Gate Launchpool introduced the L2 project Eclipse, enabling BTC/ETH/ES staking for airdrop rewards.

Gate Research Daily Report: On July 21, BTC entered a phase of high-level pullback and consolidation. ETH remains in a strong upward channel, reaching a local high of around $3,780. Former President Trump signed the GENIUS Act, marking the enactment of the first U.S. federal regulatory framework for stablecoins. Abstract Chain surpassed 100 million on-chain transactions. Ethereum launched the “The Torch” NFT to commemorate its 10th anniversary, with minting open to the public on July 30.

Gate Research Daily Report: On July 22, the cryptocurrency market saw Bitcoin (BTC) exhibit a pattern of high-level volatility, finding support near $116,600 before rebounding, though it repeatedly failed to break through the $118,500 resistance level, indicating weakening upward momentum. Meanwhile, Ethereum (ETH) fluctuated around $3,800, briefly touching this level after breaking through $3,700, but failed to surpass the key resistance of $4,000, showing signs of short-term fatigue. On the corporate front, Nasdaq-listed Bit Origin announced its first purchase of Dogecoin (DOGE), totaling 40,543,745 coins, following its plan to establish an enterprise-level DOGE vault. Ethena Labs revealed a $360 million PIPE deal with StablecoinX, while its foundation launched a $260 million ENA public market buyback plan to bolster ENA reserves. Additionally, Bittensor ecosystem company xTAO announced its listing on Canada’s TSX Venture Exchange on July 23, with the stock code XTAO.U.

In June 2025, the total cryptocurrency market capitalization fluctuated between $3.2 trillion and $3.6 trillion, with geopolitical tensions in the Middle East temporarily weighing on market sentiment. Solana led with nearly 100 million daily transactions, followed by Base with 9.7 million. SEI surged in popularity, driven by price gains and favorable policy momentum—its daily trading volume exceeded $94 million in mid-June, with a short-term price increase of over 50%. Global crypto regulation showed growing divergence, Singapore tightened oversight of offshore services, the U.S. advanced stablecoin legislation, while South Korea and Vietnam adopted a more supportive stance. Overall, the regulatory climate showed signs of warming.

Gate Research Daily Report: Bitcoin rose by 0.71% to $87,393, while Ethereum dipped slightly by 0.06% to $2,055. The market cap of tokenized U.S. Treasury bonds surpassed $5 billion for the first time. PumpSwap's daily trading volume exceeded $450 million. USDC's market cap reached a record high of $60 billion. Gate Wallet now added support for Berachain. BlackRock launched the iShares Bitcoin ETP in Europe. Asia Web3 Alliance Japan proposed a U.S.-Japan collaboration to advance the tokenized economy and Web3 innovation.

Gate Research (Feb 15-21, 2025): This report provides a comprehensive analysis of key developments in both the cryptocurrency market and the broader macroeconomic environment. On February 15, Federal Reserve’s Logan stated that even if inflation continues to cool, it may not necessarily trigger rate cuts. On February 18, a New York Fed survey revealed that U.S. manufacturing costs in February saw the largest increase in two years. On February 19, data from the U.S. Treasury showed that the top three foreign holders of U.S. debt reduced their holdings in December, while total foreign net inflows exceeded $87 billion. Also on February 19, U.S. January residential construction fell by 9.8% month-on-month, worse than the expected 7.3% decline, and far below the previous value of 15.8%.

In January 2025, the Web3 industry maintained momentum but experienced a slowdown in funding, with 148 deals totaling $1.44 billion. Compared to December 2024, funding activity declined—deals decreased by 9.75% and total funding amount fell by 53.24%. Blockchain services and CeFi emerged as investment hotspots, while mergers and acquisitions became the primary expansion strategy for industry leaders seeking rapid market share growth. Small and medium-scale funding projects dominated the landscape, reflecting strong market interest in early-stage ventures. The Web3 industry's dynamism was further evidenced by the rapid growth of leading projects like Phantom, SoSoValue, Tea-Fi, Oshi, and Bluwhale.

Gate Research: This week, four projects—Avalon Labs, SOMO, MetaBrawl, and Credible—have all provided opportunities for users to participate in airdrops. Avalon Labs combines traditional finance with decentralized finance through USDa, offering users stable returns. SOMO integrates blockchain, AI, and gaming elements to create a new metaverse entertainment experience. MetaBrawl is an action game that combines open-world exploration with platform combat. Credible uses blockchain technology to establish a decentralized credit scoring system, aiming to address the pain points of traditional credit systems. These projects offer relatively simple participation methods, allowing users to earn airdrop rewards or participate in project governance by completing tasks, staking assets, and other activities.

Gate Research Daily Report: On February 7, BTC price is facing key support around $96,000, and the short-term trend remains unclear. USDC Treasury minted 68.92 million USDC on Ethereum, increasing market liquidity. The $PAIN presale of 186,000 SOL has become one of the largest meme projects in Solana's history. The U.S. Congress is paying attention to cryptocurrency de-banking, with concerns raised over the FDIC's policy shift. Ondo Finance launched the Layer 1 public chain, Ondo Chain. In the past 24 hours, one project publicly announced securing financing, raising €1.1 million, focusing on the RWA (Real-World Assets) sector.

Gate Research (2025.2.1-2025.2.7) – This report comprehensively analyzes the key dynamics in the cryptocurrency market and the broader macroeconomy. On February 1, the U.S. government announced new tariffs on imports from Mexico and Canada, leading to significant volatility in the cryptocurrency market. On February 3, former President Donald Trump agreed with the President of Mexico to suspend the anticipated tariffs immediately. On the same day, an Oklahoma state legislator proposed the Bitcoin Freedom Act, which is under review at the 60th legislative session. On February 5, Goldman Sachs and Wells Fargo predicted that the Federal Reserve would cut interest rates twice this year.

Gate Research Weekly Review & Outlook: This week BTC price entered a descending triangle pattern, ETH briefly dropped below $2,100 before entering a consolidation phase. The U.S. Senate Committee approved Howard Lutnick's nomination for Secretary of Commerce. FDIC released documents on crypto-related activity supervision. BTC mining difficulty increase led to decreased January production for most mining companies. Total stablecoin supply exceeded $220.9 billion. Storm Trade's TVL rose 26.77% over 7 days, reaching $33.96 million. The Ionic platform suffered a hack with $8.6 million stolen and security audit concerns emerged.

Gate Research (2025.2.1-2025.2.7): On February 1, Uniswap CEO announced that the V4 version will provide lower gas fees for user swaps and increased LP profits. On February 4, Ethereum founder Vitalik indicated that the Pectra upgrade is scheduled for execution in March. On February 4, Movement launched a year-long Cornucopia liquidity enhancement program. On February 6, Syndicate integrated with Alchemy Rollup infrastructure and launched an accelerator program.

Gate Research Daily Report: On February 5, in the past 24 hours, Bitcoin price dropped by 3.55%, falling below $98,000, while Ethereum price declined by 2.75%, breaking below $2,700. Stargate Finance's TVL surpassed $868 million. Dinero's TVL exceeded $205 million. Hyperliquid's cumulative revenue surpassed $70 million. Berachain announced the launch timeline for its mainnet. Ethereum raised its gas limit for the first time in three years. Tether integrated USDT to the Bitcoin network.

Gate Research Daily Report: On January 27th, BTC and ETH prices experienced fluctuations. Pump.fun's cumulative revenue surpassed $470 million, with over 6.7 million tokens deployed. Jupiter's TVL broke through $2.9 billion, setting a new all-time high. Ohio, USA, has rolled out a strategic Bitcoin reserve bill. Brazil banned the local Worldcoin iris-scan-to-crypto exchange program. Additionally, the Accrue project in the payments sector completed a significant funding round.

Gate Research Weekly Review & Outlook: This week, BTC experienced a surge and pullback, reaching a high of $109,702.5. ETH price continued to consolidate within a range, showing weaker performance compared to BTC. Trump's inaugural speech did not mention cryptocurrencies, leading to continued market volatility. Trump's pardon of Silk Road founder Ross Ulbricht sparked discussions in the crypto community. Cuba's official X account was hacked, and a related token was issued. The TVL of the RWA protocol grew by over 200% year-over-year, reaching $7.3 billion. OP will unlock tokens worth approximately $52.97 million on January 31, representing 2.32% of the total supply.