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Gate released its latest transparency report, with a simultaneous strengthening of its financial management and security systems. Against the backdrop of market fluctuations, Yu Bi Bao and on-chain earnings have achieved dual growth in user and fund scale, with on-chain earnings holding 3,084 BTC and 175,700 ETH, both reaching historical highs; the ETF business's trading volume in March exceeded 18 billion USDT, with continuous improvement in ecological participation.In terms of security and transparency, the platform's latest overall reserve coverage rate reached 122%, with a BTC reserve rate as high as 147%, and various assets maintaining excess reserves, further enhancing risk resistance capabilities. Additionally, in the RootData exchange transparency ranking, Gate ranked second globally, with its comprehensive strength continuously validated by the market. Furthermore, Gate continues to expand its global influence, partnering with the F1 Red Bull Racing team to host an F1 Japan Grand Prix viewing event in March, deepening brand connections and user engagement through high-profile collaborations. Gate has formed a synergistic effect in the growth of financial management scale, continuous improvement in transparency, and global brand expansion, further consolidating its leading position in the industry.

Castle Labs' latest research report points out that the infrastructure for "Onchain Banks" in cryptocurrency is maturing rapidly. Data shows that by November 2025, the monthly transaction volume of crypto cards has risen to a historic high of $406 million, with Visa's stablecoin-linked cards reaching an annual transaction scale of $3.5 billion.The stablecoin payment platform RedotPay has exceeded an annual payment scale of $10 billion. In addition, etherfi's non-custodial crypto card product Cash has contributed about 50% of the protocol's revenue, with approximately 300,000 accounts and nearly 70,000 active cards. The report believes that onchain banks are gradually moving from scenarios such as payments, savings, and lending towards a traditional neobank model.

According to Jinshi reports, the seasonally adjusted Consumer Price Index (CPI) for March in the United States was 0.9%, in line with market expectations, with a previous value of 0.3%.

The Financial Services Commission (FSC) of South Korea requires local crypto CEXs to establish a system that checks the internal ledger against actual crypto asset holdings every 5 minutes by the end of May, and to disclose asset matching balances daily, with monthly external audits by accounting firms.This move is seen as a tightening of regulations following the incident in February this year where Bithumb mistakenly issued 620,000 BTC to users.

According to market news, Bitcoin (BTC) closed up 1.8%, ending a five-month decline since 2025, but faced a new round of volatility at the beginning of April, dropping to $67,630 during the Asian morning session.Although April has historically been a strong month for BTC (with an average historical increase of 12.1%), the market has continued to deviate from seasonal patterns since the end of 2025. Regarding macro and geopolitical uncertainties, Binance Research pointed out that if clear signals of a ceasefire between the U.S. and Iran emerge, it could boost the crypto market for further recovery.On the technical side, some analysts believe that the current macro environment closely resembles the market structure before the significant BTC rises in 2016 and 2020. However, Alphractal's CEO and CryptoQuant models both indicate that the current bottom may appear between September and November 2026, at which point there is a possibility of prices falling below $40,000.

Last night, the US and Iran simultaneously released signals of reconciliation, and the market reacted noticeably. Bitcoin quickly rebounded above $68,000, which also allowed it to narrowly escape a six consecutive monthly decline, ultimately closing March up 1.62%. Looking ahead to April, Bitcoin has historically experienced 8 increases and 5 decreases, with an average return of 13.06% and a median increase of 7.27%.

According to Gate market data, on Tuesday Eastern Time, the Dow Jones, S&P 500 Index, and Nasdaq all recorded their largest single-day gains since May 12 of last year. However, in March, the S&P 500 Index fell by 5.1%, the Nasdaq fell by 4.75%, and the Dow fell by 5.38%. The Dow ended a consecutive 10-month upward trend, marking its largest single-month decline since September 2022.

Aster announced an update to its tokenomics and a restructuring of ecosystem emissions, replacing the previous monthly linear unlocking mechanism with a staking-only emission model.Previously, 78.4 million ASTER (approximately 1% of the maximum supply) were unlocked on a linear schedule each month; after the update, ecosystem tokens will only be released as staking rewards, currently at a rate of 450,000 ASTER per cycle (weekly), equivalent to a monthly release of 1.8 million to 2.25 million ASTER.Aster stated that since the TGE on September 17, 2025, all unlocked ecosystem and community tokens, aside from staking rewards, have remained untouched, and the relevant token holdings can be publicly verified through addresses starting with 0x0A55.

According to the Financial Times, despite U.S. President Trump threatening to seize Iran's oil production rights, he simultaneously emphasized that indirect negotiations with Iran are underway through a "special envoy" from Pakistan, and progress is being made. When asked whether a ceasefire agreement could be reached in the coming days and whether the Strait of Hormuz could be reopened, Trump declined to provide specific details.He stated, "We have about 3,000 targets left to bomb—13,000 targets have already been bombed—there are several thousand more targets to execute. An agreement is expected to be reached soon."Last week, Trump claimed that Iran had allowed 10 oil tankers flying the Pakistani flag to pass through the Strait of Hormuz, describing this move as "a gift to the White House." He stated that this number has now increased to 20 tankers, and the first batch has set sail, "sailing right through the center of the strait." He also mentioned that Iranian Parliament Speaker Ghalibaf had personally authorized the passage of these tankers.

According to Jinshi reports, the U.S. February PPI monthly rate is 0.7%, expected 0.3%, previous value 0.50%.

According to Jinshi reports, the U.S. core PPI for February increased by 0.5% month-on-month, higher than the market expectation of 0.3%, and the previous value was 0.8%.

Data shows that although large transactions of stablecoins mainly come from institutions, small transfers still account for the vast majority of use cases. In the retail trading sector, BNB Chain is rapidly becoming the preferred network for users.In February of this year, the number of monthly unique stablecoin sending addresses on BNB Chain reached 15.1 million, ranking first among all public chains; its stablecoin trading volume grew by 133% year-on-year, leading the industry in growth rate. Meanwhile, BNB Chain holds only about 5% of the global stablecoin supply but processes nearly 40% of the global stablecoin trading volume.Low transaction fees (around $0.05), faster block generation speed, and the active DeFi ecosystem including PancakeSwap and Venus Protocol give it a significant advantage in retail trading scenarios. Currently, about 82% of stablecoin transfer amounts on BNB Chain are below $1,000, with a daily stablecoin transfer peak reaching $21.7 billion.In terms of stablecoin trading share, BNB Chain has surpassed Ethereum and Solana.

According to the official announcement from OneBullEx, the member day points redemption event on the 11th of each month has officially started, with a prize pool of up to 300,000 USDT for this member day. During the event, eligible users can redeem OBE Points for USDT at a 1:1 ratio, realizing the value of platform points and converting user activity into real rewards.It is reported that OneBullEx has established the 11th of each month as a fixed member day, providing users with stable rights and participation paths through point redemption, task incentives, and community interaction. Previously, the official stated that the platform will continue to upgrade its long-term operations around the member day mechanism, based on core rights such as the 1:1 redemption of OBE points for USDT, further improving the task system and reward mechanism, making member day an important node for users to continuously participate and realize value, and continuously enhancing user participation experience and community activity.

In February 2026, the monthly trading volume of stablecoins reached a historic high of $1.8 trillion, with USDC's transfer volume surpassing the long-time leader USDT for the first time. Analysts attribute this to institutional participants' clear preference for compliant dollar infrastructure.Adoption on the enterprise side is accelerating. Circle completed $68 million in cross-account settlements among 8 internal entities in just 30 minutes using USDC, a process that would typically take 1 to 3 days via traditional bank wire transfers. CEO Jeremy Allaire stated that this process completed about 90% of the company's internal transfer settlements in a single day.Analysts are also optimistic about Circle's prospects. Bernstein has given Circle an outperform rating with a target price of $190, calling it a long-term winner in the space. Circle's revenue is expected to reach $2.7 billion in 2025, a 64% year-over-year increase.Competitive pressure is also mounting, with institutions like Tether, PayPal, and Stripe launching their own stablecoin initiatives.

According to the latest transparency report released by the digital asset trading platform Gate, the multi-asset trading ecosystem of the platform continues to expand, with on-chain and trading products maintaining growth. The Gate Layer network address scale has reached 100.5 million, with a total on-chain transaction volume exceeding 28.5 million, a month-on-month increase of 14%, and the activity of on-chain derivatives and the network continues to rise.In February, the trading products and user ecosystem also achieved a scale breakthrough, with Gate ETF supporting a total of 320 ETF trading pairs, and the number of new trading bot users increasing by 23.1% month-on-month, while copy trading users grew by 13%. At the same time, CandyDrop launched 7 projects in February, during which the contract trading volume exceeded $15 billion, and the highest annualized yield of Launchpool reached over 540% in one hour. Additionally, the cumulative subscription scale of YuBiBao approached 1.8 billion USDT, with the TVL of on-chain earning products reaching a maximum of $1.213 billion; the average daily trading volume of institutional contracts increased by 20% month-on-month. As the on-chain ecosystem, trading products, and institutional services develop in sync, Gate is continuously strengthening its multi-asset trading ecosystem layout.

According to the latest transparency report released by the digital asset trading platform Gate, the multi-asset trading ecosystem of the platform continues to expand, with on-chain and trading products maintaining growth. The Gate Layer network address scale has reached 100.5 million, with a total on-chain transaction volume exceeding 28.5 million, a month-on-month increase of 14%, and the activity of on-chain derivatives and networks continues to rise.In February, the trading products and user ecosystem also achieved a scale breakthrough, with Gate ETF supporting a total of 320 ETF trading pairs, and the number of new trading bot users increasing by 23.1% month-on-month, while copy trading users grew by 13%. Meanwhile, CandyDrop launched 7 projects in February, during which the contract trading volume exceeded $15 billion, and the highest annualized return rate of Launchpool reached over 540% in just one hour.In addition, the cumulative subscription scale of Yubibao has approached 1.8 billion USDT, with the TVL of on-chain earning products reaching a maximum of $1.213 billion; the average daily trading volume of institutional contracts increased by 20% month-on-month. As the on-chain ecosystem, trading products, and institutional services develop in sync, Gate is continuously strengthening its multi-asset trading ecosystem layout.

According to data from DeFiLlama, Huobi HTX has climbed to 6th place globally in the Clean Assets (excluding platform tokens) ranking, achieving the best ranking in the platform's history. This metric aims to objectively reflect the true strength of exchanges in terms of on-chain transparent asset reserves. Additionally, Huobi HTX has seen a net inflow of funds reaching $346 million in the past month, second only to Binance, ranking it as the second globally, indicating its recent market popularity and continuous capital attraction.

According to the annual report from the Argentine cryptocurrency exchange Lemon, the growth rate of monthly active users in Latin America in 2025 is three times that of the United States, with the total regional digital asset inflow exceeding $730 billion for the year, a year-on-year increase of over 60%, accounting for 10% of the global total.There is a clear differentiation within the region: Brazil leads in capital scale with an inflow of over $318.8 billion, with an annual growth rate of nearly 250%, primarily driven by institutional trading and the integration of local payment systems; Argentina, on the other hand, ranks first in terms of per capita monthly active user ratio, with a penetration rate of 12% of the total population, accounting for over a quarter of the region's activity.The report points out that users in high-inflation economies such as Argentina and Venezuela tend to use crypto assets as a store of value, with USDT widely adopted in daily transactions in Venezuela; more stable markets like Peru and Colombia focus more on financial returns. Stablecoins are seen as the most critical factor driving regional adoption, continuing to grow rapidly in 2025.

According to the latest report from BestBrokers, the U.S. spot Ethereum ETF is experiencing a significant outflow of funds. ETF holdings have decreased from over 6.1 million ETH at the end of January to about 5.8 million ETH on February 23, and the total asset size has shrunk from $18.6 billion to approximately $11.9 billion.In terms of market concentration, BlackRock holds about 57% of the U.S. ETH ETF share, far exceeding Grayscale and Fidelity. The ETH price has fallen approximately 35% over the past month and nearly 40% over the past three months.

Bitcoin fell over 19% in February, marking its worst monthly performance since 2022, due to concerns related to global tariffs.