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 27): David Sacks steps down as White House crypto czar; MARA sells 15,133 Bitcoin to buy back bonds

Gate Daily (March 27): David Sacks steps down as White House crypto czar; MARA sells 15,133 Bitcoin to buy back bonds

Bitcoin (BTC) weakly declined to around $68,880. White House AI and Cryptocurrency Director David Sacks resigned without completing major legislative agenda. MARA Holdings sold 15,133 Bitcoins, raising approximately $1.1 billion for debt repurchase. The market experienced panic betting due to geopolitical instability, with analysis indicating a net outflow of $170 million in spot trading of Bitcoin and other cryptocurrencies.

GameStop pledges Bitcoin and sells call options, converting $368 million in reserves into a premium income strategy.

GameStop revealed in its fiscal year 2025 annual report that out of the 4,710 bitcoins it holds, 4,709 are pledged to support a covered call strategy aimed at earning option premiums. This strategy changes its accounting classification, treating the bitcoins as accounts receivable rather than direct holdings, increasing liquidity but reducing market control. If the bitcoin price exceeds the strike price, the company must deliver bitcoins, presenting high risk.

JPMorgan: Bitcoin absorbs Iran war hedge funds, gold ETF experiences significant outflows

JPMorgan report indicates that due to the Iran conflict, Bitcoin outperformed gold and silver, the latter of which experienced significant declines due to rising interest rates and a strong dollar. Gold's high-position holdings were forcibly liquidated under market pressure, leading to capital outflows. Bitcoin remained stable, demonstrating its appeal as a safe-haven asset, especially amid geopolitical tensions. The report also emphasizes that Bitcoin's market liquidity has surpassed gold, indicating an improvement in its structural position.

Why did Bitcoin drop today? Trump extends Iran ceasefire period by 10 days, negotiations face disagreements.

U.S. President Trump extends the ceasefire period with Iran until April 6, but Iranian officials deny the request, leading to continued market pessimism about the prospects of negotiations. As the U.S. 10-year Treasury yield rises to 4.42%, the attractiveness of high-risk assets like Bitcoin diminishes, preventing a rebound and instead continuing to face selling pressure. The market is sensitive to liquidity conditions, and in the short term, attention should be paid to the direction of yields and spot demand.

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Michael Saylor Pitches Digital Credit as Next Crypto Phase as Strategy Dominates Corporate Bitcoin Buying

Strategy Chairman Michael Saylor told attendees at the Digital Asset Summit in New York on March 26, 2026, that “digital credit” represents the defining opportunity for crypto’s next phase, as his company’s STRC preferred stock—offering an 11.5% yield with 2% volatility—demonstrates the potential for Bitcoin-backed instruments to compete with traditional fixed-income products.
BTC-1,68%
CryptopulseElite·5m ago
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XFX Raises $17 Million Series A to Build Stablecoin-Fiat Exchange Infrastructure

Foreign exchange startup XFX announced on March 26, 2026, that it has raised $17 million in a Series A funding round led by Castle Island Ventures, with participation from Haun Ventures and Coinbase Ventures, to build infrastructure that improves the efficiency of exchanging between stablecoins and traditional fiat currencies.
CryptopulseElite·20m ago
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Ethereum’s Evolution Not Linear, but Rather Fundamental — Market Expert Takes Deep Dive

From 2020 to 2022, Ethereum experienced a boom in mining activity, driven by demand in DeFi and NFTs. However, a significant upgrade shifted the network to proof-of-stake, enhancing efficiency but reducing decentralization. Despite a current drop in ETH price, institutional interest is growing, supported by ETF options trading changes.
ETH-2,43%
BTC-1,68%
ZyCrypto·20m ago

Is Pi Coin repeating the same model that led to the previous 76% surge?

The price of Pi Coin (PI) is currently hovering around 0.188 USD after several sessions of sideways accumulation in a compressed range. However, the 8-hour chart is reflecting a similar cash flow structure to the period before the market experienced a strong increase of 76% earlier this month. In the period from February 28 to March 4, gi
PI-3,7%
TapChiBitcoin·28m ago
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Gold Price Struggles, But Long-Term Outlook Suggests Rise To $6,300

The price of gold remained tethered to the interplay of various factors, including higher Treasury yields, a stronger dollar, inflationary threats, and more. Analysts expect the precious metal to continue its correctional phase in the short term, but are confident it will target $6,300 before
XAUT0,13%
BTC-1,68%
Blockzeit·37m ago

Fannie Mae accepts cryptocurrency for real estate down payments, allowing holders to purchase homes without liquidating their assets.

Fannie Mae in the United States will accept cryptocurrency as a down payment for home loans without requiring it to be converted into cash, operating through a dual-loan structure. Homebuyers can collateralize Bitcoin or USDC and retain their crypto assets, but the borrowing costs are higher than traditional methods. As long as payments are made on time, cryptocurrency price fluctuations will not trigger liquidation, providing a new pathway for home purchases. This plan responds to the demand from young homebuyers for digital assets and may accelerate market development.
MarketWhisper·45m ago
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