Gate Crypto Flash News and Market Updates

Ethereum co-founder Vitalik Buterin supports AI company Anthropic in refusing to allow the U.S. military to use its technology for autonomous weapons. The U.S. military has issued a final warning to Anthropic, and reports indicate that AI could cause the U.S. unemployment rate to exceed 10% by 2028. Anthropic is valued at $380 billion, with 80% of its revenue coming from corporate clients.

Trading volume on mainstream Perp DEXs has rebounded, with Hyperliquid maintaining the lead at $6.37 billion in 24-hour trading volume; Lighter and EdgeX follow closely, while Aster has noticeably fallen back to fourth place. The open interest on each platform has also fluctuated.

BOT Chain officially announces the launch of its mainnet, designed specifically for Web3 applications, offering features such as DeFi, NFT, and AI Agent. It adopts a three-layer decoupling architecture to improve development efficiency. Additionally, it introduces the AIDID identity protocol and a dual mining mechanism to ensure network security and computational power integration. It has secured $15 million in funding and has passed security audits.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $62,126, the total long liquidation strength on major CEXs will reach $1.611 billion. Conversely, if BTC breaks above $68,543, the total short liquidation strength on major CEXs will reach $822 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,817, the total liquidation strength of long positions on major CEXs will reach $961 million. Conversely, if ETH breaks above $2,006, the total liquidation strength of short positions on major CEXs will reach $479 million.

South Korean lawmaker Kim Seung-won proposed amending the law to require cryptocurrency investment advisors on social media to disclose personal assets and compensation in order to improve market transparency and combat misleading information and self-dealing. This move aims to protect investors' rights.

ChainCatcher News, according to Jinshi, traders have reduced their bets on the Federal Reserve cutting interest rates, with a 50% probability of a 25 basis point cut in June.

The three major U.S. stock indices mostly rose before the market opened, with the Nasdaq up 0.24%, the Dow up 0.17%, and the S&P 500 up 0.19%. Among the seven major tech stocks, Microsoft, Alphabet, Amazon, Nvidia, and Meta rose, while Apple and Tesla declined slightly.

FG Nexus has sold an additional 7,550 ETH, valued at approximately $14.06 million. Previously, the company purchased 50,770 ETH at an average price of $3,860 and planned to increase its holdings, but then began to reduce its position, cashing out a total of about $55.7 million. Currently, it still holds 30,094 ETH, with an unrealized loss of approximately $82.8 million.

February 25 News, Bitcoin has fallen about 28% this month. Although recent prices are close to previous highs, blockchain analytics firm Glassnode warns that there may still be downside pressure in the next 5 to 6 months. The Glassnode report shows that the realized profit and loss ratio (RPR) of Bitcoin, measured by the 90-day moving average, has fallen below 1. This indicator typically reflects market selling pressure and investor sentiment. Historical data indicates that when the profit and loss ratio falls below 1, a bear market usually lasts at least six months. The company notes that a rebound in the profit and loss ratio above 1 generally means that selling pressure has eased.

On February 25, news reports indicated that the Bitcoin market experienced volatility in the fourth quarter, with hedge funds and financial advisors becoming the main selling forces. Analyst James Seyffart pointed out that institutions reduced approximately 25,000 Bitcoins through Bitcoin ETFs, demonstrating a cautious asset management strategy at the end of the year. This reduction is not a panic move but a strategic adjustment by institutions based on risk control and profit locking. As macroeconomic uncertainties increase, with fluctuating interest rate expectations and changes in government bond yields, funds are choosing to reduce exposure to high-beta assets to maintain portfolio stability.

Gate US has obtained a money transmission license in Pennsylvania, increasing the total number of state licenses held to 33. The compliant operation scope has expanded to 45 jurisdictions, further strengthening its compliance presence in the U.S. market and committed to providing stable digital asset services to local users.

February 25 News, Bitcoin is迎来 a new era of institutional adoption. Reports show that by 2025, Wall Street institutional investors will have accumulated 829,000 Bitcoins, marking a shift of Bitcoin from a fringe speculative asset to a strategic reserve asset. Large asset management firms, hedge funds, and corporate finance departments are all incorporating Bitcoin into their long-term asset allocations, highlighting confidence in its scarcity and potential value. The large-scale purchases by institutional investors are driven by inflation pressures, macroeconomic uncertainties, and the gradually clarifying regulatory framework. Bitcoin's fixed supply of 21 million coins provides predictability for investment portfolios, while transparent cryptocurrency custody and tax policies reduce barriers to institutional participation. This strategic buying not only reflects trust in digital gold but also prompts a structural reallocation of capital within investment portfolios.

February 25 News, NEAR Protocol has launched a new "Confidential Intent" framework to provide private execution and privacy protection for cross-chain DeFi transactions. This mechanism hides key parameters before the transaction is completed, effectively preventing front-running, sandwich attacks, and strategy leaks, while maintaining efficient transaction execution. This move strengthens NEAR's leading position in privacy-driven DeFi innovation. Traditional cross-chain DeFi systems expose transaction details in the mempool, making them vulnerable to bots or malicious actors, which can lead to user profit loss. NEAR's "Confidential Intent" encrypts transaction instructions, so sensitive information is not exposed during validator processing, reducing risks and increasing fairness. Users can securely perform swaps, liquidity provision, and yield strategies across multiple chains without worrying about data leaks.

February 25 News, Bitcoin price has fallen approximately 50% from its all-time high, and 74% of long-term holders' profits are rapidly shrinking. CryptoQuant analyst Darkfost pointed out that as Bitcoin price approaches cost basis, the average profit of long-term holders continues to decline, a trend that usually signals the arrival of the bear market capitulation phase. Glassnode reports that the 90-day moving average of realized profit and loss for Bitcoin has fallen below 1, indicating the market has entered an excess loss realization phase. Historical data shows that such a bear market lasts at least six months before market liquidity begins to recover. Analyst James Check noted that Bitcoin has been declining for nearly five consecutive months, with weekly volatility soaring above 150%, and the weekly Relative Strength Index (RSI) also at historically oversold levels. Large amounts of Bitcoin at high price levels are flowing to new holders.

The blockchain gaming infrastructure platform Power Protocol has received a $3 million investment from Bitkraft Ventures, bringing its total funding to $15.5 million. The platform builds infrastructure for multiple studios, helping game developers share on-chain resources.

The market is focused on NVIDIA's upcoming earnings report, which could impact the global AI industry sentiment. Traders and institutions hold large long and short positions on Hyperliquid, mainly concentrated in NVDA contracts, while also positioning in related assets such as Micron and SanDisk.

February 25 News, Ethereum co-founder Vitalik Buterin recently outlined a new vision for Ethereum in the decentralized finance (DeFi) space. The Ethereum Foundation announced that it will prioritize support for permissionless, privacy-focused, and secure protocols, emphasizing user sovereignty and long-term stability. The announcement stated that the foundation will focus on supporting open-source, security-centric DeFi projects to ensure protocols can operate normally even if the original team disappears or faces attacks. Buterin introduced the concept of a "detachment test," requiring protocols to maintain stability and sustainability in the absence of the founding team, while also reducing reliance on centralized institutions.