Gate Insights and Crypto Market Analysis

Pi Network presents one of the most fascinating paradoxes in crypto: its native Pi Coin has plummeted over 94% from its all-time high, trading at a historic low amidst a brutal market-wide downturn, while simultaneously making tangible progress towards its core mission of real-world, mobile-first utility. The project, boasting a community of over 50 million users acquired through its innovative "mobile mining," is now in its open mainnet migration phase, enabling external transfers and i

XRPL 2 月 4 日啟動許可域，XLS-80 獲 91% 驗證者通過。許可域為憑證控制存取層，讓監管機構在公共帳本上合規運營，無需獨立私鏈。基於 XLS-70 憑證框架，自動成員管理。XRP 週跌 16% 至 1.59 美元。XLS-80 不改變供應或費用，對價格影響間接，取決於機構實際部署。

XRP presents a market at a crossroads, defined by a stark and growing divergence between fading retail interest and burgeoning institutional validation. On-chain metrics paint a worrying picture: active addresses on the XRP Ledger have collapsed to annual lows near 15,000, signaling a potential retail exodus amidst a brutal downtrend that has prices testing the \$1.60 support. Conversely, institutional channels tell a different story, with U.S. spot XRP ETFs absorbing over \$1.3 billion

馬斯克 2 月 3 日回應狗狗幣登月「或許明年」，刺激 DOGE 價格漲 5% 至 0.109 後回落 0.1068。官方帳號回應「Such Rocket」。DOGE-1 衛星計畫由狗狗幣資助，使用獵鷹 9 號，原定 2023 已延至 2027。

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP has entered a critical phase after losing the $1.80 level and sliding toward the $1.60 zone, where price is now attempting to find short-term support. The move comes amid broader weakness

Frame Transactions (EIP-8141) revolutionize Ethereum's transaction authentication through programmable validation frames, moving beyond fixed signature schemes. Vitalik Buterin endorsed the proposal, linking it to ERC-4337's infrastructure, which could reshape transaction dynamics and improve efficiency in upcoming developments.

WLFI 在 0.1300 美元上方週二反彈 3%，ATOM 三日累漲 8%，JUP 續漲 1%，三者均低於關鍵均線。RSI 均低於 50，MACD 負值收縮顯示空頭減弱但未反轉。關鍵支撐 WLFI 0.1215、ATOM 1.832、JUP 0.1695 美元。

In brief The Nevada Gaming Control Board has filed a complaint seeking to stop Coinbase from offering event contracts on sports and elections. Board Chairman Mike Dreitzer stated the action "reinforces" the agency's obligation to protect Nevada citizens and operate a thriving gaming

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cardano’s ADA token has slipped out of the crypto top 10 by market capitalization, a symbolic shift as newer platforms attract attention and capital. Related Reading: Hong Kong Prepares To Grant

比特幣崩盤跌至 76,500 美元附近，挖礦陷危機。盈虧指數跌至 21，算力降 12% 創禁挖來最大。每太哈希日收僅 0.034 美元創新低，最新礦機電費佔收入 52%，老款達 109-162% 入不敷出。Hut 8 簽 15 年 70 億美元 AI 租約，CoreWeave 收購礦場轉 GPU。

Michael Burry, the famed investor who predicted the 2008 housing crash, has issued a stark warning that Bitcoin's recent decline could trigger a massive \$1 billion liquidation of gold and silver holdings. In a detailed Substack analysis, Burry posits that institutional investors and corporate treasuries, facing losses from falling crypto prices, may be forced to sell profitable positions in precious metals to cover their exposure. This warning comes as Bitcoin struggles below key suppor

黃仁勳閃現台北拜會張忠謀，94 歲坐輪椅首次復出。台積電 Q4 營收 337 億，全年 1,220 億，市值 1.8 兆。兩公司合計超 6 兆美元。魏哲家宣布 2026 砸 560 億全球建廠。

Aave Labs is sunsetting its Avara umbrella brand and winding down associated projects like the Family wallet, marking a strategic retreat from non-core ventures to refocus exclusively on scaling its core DeFi lending protocol. This consolidation occurs against a backdrop of heightened scrutiny, as a massive, concentrated liquidation of Balancer's BAL token on Aave and Venus exposed critical risk management challenges for long-tail DeFi assets, while founder Stani Kulechov's multi-million

MAS 發 36 張 MPI 牌照，Coinbase 與幣安持牌運營。《支付服務法》定義 DPT，《金融服務與市場法》2025 年生效延伸至境外服務。DTSP 新政引發出清，未達標企業 6 月 30 日前停業。新加坡提供明確框架與美歐碎片化形成對比。

Ondo Finance's integration with MetaMask, coupled with the launch of Ondo Global Listing and Ondo Perps, marks the first true synthesis of traditional equity markets with native crypto infrastructure, enabling day-one IPO access and leveraged trading of tokenized stocks within a self-custodial wallet for a global audience. This is not merely another tokenization product launch; it represents a fundamental shift in investor paradigm, where the artificial boundaries between "traditional fi

香港金管局收到 36 份穩定幣牌照申請，3 月發首批僅少量。餘偉文稱「先嚴走穩」後放鬆。然而內地 2025 年末明確穩定幣屬虛擬貨幣納入非法金融監管，內地投資者跨境參與仍受外匯管制限制。

川普及盟友募 4.29 億美元創紀錄，Maga PAC 坐擁 3.04 億。最大金主 Crypto.com 捐 3,000 萬，OpenAI 的 Brockman 捐 1,250 萬，A16Z 創辦人各捐 300 萬。幣圈和矽谷重金換取監管放寬，特別是加密立法和反對州級 AI 監管。資金可能投入中選或維持離任後影響力。

川普提名凱文·沃什任聯準會主席。沃什批評長期緊縮政策，市場預期轉寬鬆。芝商所 FedWatch 顯示首次會議降息機率 46%。市場信心回升，股票先漲加密跟進，比特幣對流動性預期反應強烈，山寨幣更迅速。

In brief Bitcoin is holding above the $74,000 level, but analysts say momentum remains fragile and downside risks persist. QCP Capital is warning a break below could deepen losses, while relief likely requires a move back above $80,000. Macro uncertainty, policy risk, and leveraged

Bitwise CIO 指出自 2025 年 1 月進入加密貨幣寒冬，比特幣跌 39%、以太坊跌 53%。ETF 和 DAT 買入 750 億美元掩蓋散戶崩盤。資產三級分化：有 ETF 跌 10-20%，無 ETF 暴跌 61-74%。歷史上寒冬持續 13 個月，當前已歷時 13 個月接近尾聲。