Altcoins
Altcoin is one of the most dynamic and controversial sectors in the crypto world. If you already know enough about mainstream coins such as BTC and ETH, you might as well step out of your comfort zone and take an exciting trip to the cutting edge of the crypto industry.
Gate Research Daily Report: August 29, Bitcoin experienced a slight uptick, hovering around $59,000, while Ethereum, after a brief dip, bounced back to above $2,500. Both Bitcoin and Ethereum ETFs saw net outflows. OpenSea received a Wells Notice from the SEC, indicating potential legal action. The prediction platform Polymarket reached a new monthly trading volume record, surpassing $450 million. WazirX filed for a moratorium in a Singapore court, seeking debt restructuring. Several crypto projects secured funding across various sectors, including computing power, payments, and gaming. Additionally, Every Finance and Mantle Network are offering opportunities to earn token rewards.
Gate Research Weekly Review & Outlook: Over the past week, BTC retreated after a brief uptick, falling nearly 3%, while its market dominance reached a new cycle high of 55.95%. ETH mirrored BTC's weakness, dropping over 3.9%. Bitcoin ETFs saw net inflows exceeding $28 million this week, while Ethereum ETFs continued to experience net outflows. Despite Nvidia's earnings beating expectations, its stock plummeted in after-hours trading, triggering a pullback in AI-related tokens. Sony's new Layer 2 solution, Soneium Minato, launched with impressive momentum, seeing 1,000 ETH staked within its first minute. Notably, significant amounts of OP and SUI tokens are set to be unlocked soon. Meanwhile, the viral success of the game "Black Myth: Wukong" has sparked speculation in related meme tokens.
This article analyzes PancakeSwap and its evolution from version 1 to version 4, exploring its significant role and innovative features within the DeFi space. It offers a detailed explanation of PancakeSwap's operational model, including the customizable liquidity and fee tiers introduced in version 3, as well as the modular architecture and enhanced trading experience of version 4. The article also covers the veCAKE governance mechanism, the multifaceted roles of the CAKE token, and PancakeSwap's unique IFO feature, giving readers a comprehensive overview of PancakeSwap and its applications on the Binance Smart Chain.
Gate Research Daily Report: On August 28, over the past 24 hours, Bitcoin's price dropped by 5.85%, accompanied by a surge in trading volume. The U.S. Bitcoin and Ethereum spot ETFs saw net outflows of $127 million and $34.5 million, respectively, reflecting a pessimistic market sentiment. Altcoins broadly declined, particularly in the BTC Ordinals and modular blockchain sectors. The TON network experienced an outage due to excessive DOGS token trading, prompting several exchanges to suspend related services. MakerDAO rebranded to Sky and introduced the USDS stablecoin along with the SKY governance token. Additionally, seven projects raised a total of $52.57 million, focusing on DeFi, AI, and zero-knowledge proof technologies.
Gate Research Daily Report: On August 27, both Bitcoin and Ethereum saw declines as market sentiment turned cautious. U.S. Bitcoin spot ETFs recorded a net outflow of $21.85 million, while Ethereum spot ETFs saw a net outflow of $13.52 million. The rise in stablecoin supply suggests positive market signals, potentially indicating an upcoming rally. Bitcoin’s hash rate is nearing an all-time high, with mining difficulty expected to set a new record. In the past 24 hours, five projects announced funding rounds, raising a total of $12.6 million. Orderly Network has launched its airdrop and staking programs, while Nubit has begun the third phase of its testnet tasks.
Gate Research Daily Report (August 26): BTC and ETH prices fluctuated within a narrow range, with $65,000 acting as a short-term resistance level. Floor prices for NFT collections like BAYC and Pudgy Penguins saw significant recoveries. Mt. Gox wallet Bitcoin holdings have decreased by approximately 68.3%. TON tokens plummeted following the arrest of their founder, with related ecosystem tokens also declining. Projects like Orderly Network and Corn are set to launch airdrops in the near future.
Brett is a meme coin on the Base Chain, inspired by the character of the same name from the Matt Furie “Boys Club” comic series. This cryptocurrency is driving excitement with strategic partnerships and social impact.
Gate Research Daily Report: On August 23, BTC and ETH rebounded on the daily charts but remained constrained by weekly resistance. Bitcoin ETFs saw a net inflow of $64.91 million, while Ethereum ETFs had a net outflow of $874,600. The market sentiment index was at 39, reflecting ongoing fear. The impact of Mt. Gox's large-scale repayments on the market is gradually weakening. Among trending tokens, KONET surged by 149.2%, ALPACA by 97.92%, and CREAM by 58.74%, likely due to protocol upgrades and changing market conditions.
Gate Research Weekly Market Review and Outlook: Bitcoin continues to fluctuate this week, with short-term investor sentiment leaning towards pessimism. A significant downward revision of US non-farm payroll data, indicating a weak job market, has catalyzed expectations for interest rate cuts. Bitcoin ETFs see continuous net inflows, driven by strong institutional buying interest and increased off-exchange capital inflows, leading to higher USDT issuance. Sun Pump rapidly expands its market share, energizing the TRON ecosystem. The imminent launch of Fractal Bitcoin's mainnet has made the Bitcoin ecosystem narrative a market hotspot. This week's market funding primarily focused on infrastructure, artificial intelligence, and privacy security sectors.
Mines of Dalarnia is an adventurous blockchain game where users hunt for treasures and fight monsters in dangerous mines. The game's objective is clear: Collect and trade resources to earn $DAR.
This in-depth analysis delves into Berachain, a groundbreaking EVM-compatible blockchain inspired by the Bonng Bears NFT community. It employs an innovative Proof-of-Liquidity consensus mechanism. The article provides a comprehensive overview of Berachain's three-token system, Proof-of-Liquidity mechanism, governance model, and its applications and advantages within the DeFi landscape. It introduces the significant upgrades in Berachain V2, including integrating the BeaconKit framework, enhancements to the technical architecture, preserving the three-token system and consensus mechanism, optimizations to developer experience, and adjustments to validator setup. The article highlights the driving force behind Berachain's development: its community's strength and innovative technology. It also underscores the development team's unwavering commitment to the project's success.
Cookie (COOKIE) is a digital currency that rewards internet users for their online activities and engagements.
Gate Research Daily Report: On August 21, Bitcoin prices continued to fluctuate at low levels, with the Fear & Greed Index further declining, indicating a pessimistic market sentiment. Bitcoin ETFs saw consistent net inflows, signaling strong institutional buying interest, with significant off-market institutional funds entering the market. Tether minted an additional $2 billion in USDT, increasing the stablecoin's market capitalization. The Sumpump platform gained traction, with user numbers and platform revenue steadily rising. Gate Ventures, in collaboration with the Abu Dhabi Blockchain Center, launched a $100 million fund to accelerate the development of high-potential blockchain projects.
Ispolink (ISP) is a blockchain-based cross-chain platform for developers and tech talent recruitment.
Gate Research Daily Report: On August 20, the cryptocurrency market showed strong 24-hour performance, with significant gains in sectors like AI Agents and Masternodes. U.S. Bitcoin ETFs saw a net inflow of $61.98 million, while Ethereum ETFs experienced a net outflow of $13.52 million. Uniswap led in ETH burn volume, though the quarterly burn rate dropped by 72.4%. Bitcoin's hash rate increased, and two major projects secured funding. DOGS and others announced airdrops, Bitcoin and Ethereum prices rose, altcoins rebounded, Grayscale transferred large amounts of BTC and ETH, and the market sentiment index climbed to 30.