Gate Cryptocurrency News and Market Analysis

Barclays Plc (BCS) is evaluating the development of a blockchain platform for payments and deposits, with the UK-based banking institution issuing requests for information to technology providers regarding potential stablecoin and tokenized deposit offerings, according to sources familiar with the matter.

OpenAI announced the completion of a $110 billion funding round on February 27, 2026, with a pre-money valuation of $730 billion. Amazon, SoftBank, and NVIDIA are the main investors. If an IPO occurs, it will become the largest in the history of U.S. tech company listings. This valuation is significantly higher than historical records set by Meta and Alibaba.

Ripple’s chief legal officer is challenging claims that cryptocurrency lacks real-world utility, pointing to rising U.S. merchant adoption and growing consumer reliance as evidence that digital assets are becoming embedded in everyday commerce. Ripple’s Legal Chief Challenges Media Narrative on

XRP was currently trading at $1.37 and has decreased by 3.5 percent per day to day trading, oscillating around a significant level of support at $1.34. The pivot is the $1.396 level and the higher limit of the current 24-hours is $1.42. Today’s trading structure has a price that is

Trump Media & Technology Group (DJT) announced on February 27, 2026, that it is considering spinning off its Truth Social platform into an independent publicly traded company, with shares to be distributed to existing DJT shareholders prior to the firm's planned merger with fusion energy company TAE Technologies.

Tether announced on February 27 that it has frozen approximately $4.2 billion worth of cryptocurrency tokens, mainly due to involvement in "illegal activities." The freeze includes $61 million of USDT related to "pig butchering" scams. As a stablecoin issuer, Tether has the ability to remotely freeze specific wallets, demonstrating its centralized nature. Research indicates that cryptocurrency money laundering activities are rapidly increasing, and FATF has called for strengthened regulation to address the associated challenges.

New bill protects non-custodial developers from unfair prosecution. Clarifies that Section 1960 applies only to those who control customer funds. Bill draws a line between coders and money transmitters. Backers say it safeguards U.S. crypto innovation. US lawmakers have introduced the

Minnesota State Representative introduces HF 3642 bill, aiming to ban all Bitcoin ATMs within the state to address the rising issue of senior citizens being scammed. If passed, this bill will make Minnesota the first state in the U.S. to implement such a ban. Currently, there are approximately 430 of these machines in the state, and related scam cases continue to rise, prompting lawmakers to seek stricter measures to ensure public safety.

Pi Network (PI) has recently rebounded by over 30%. Analyst Dr. Altcoin pointed out four major catalysts that will drive the subsequent bullish trend, including the v23 upgrade, ecosystem collaborations, DEX, and KYC service expansion. Technical analysis shows a bullish flag pattern with a target price of $0.2055. If it falls below $0.1555, the bullish outlook will be invalidated.

U.S. digital bank SoFi announces support for direct on-chain deposits on the Solana network, allowing users to transfer SOL tokens directly from external wallets without intermediaries. This feature makes SoFi one of the few banks to offer this service within a regulated framework, strengthening its capabilities in digital asset management and increasing Solana's adoption among mainstream financial institutions.

Paradigm, the San Francisco-based crypto investment firm, is pursuing a new $1.5 billion fund aimed at backing companies across artificial intelligence, robotics and other frontier technologies. The fundraising plan, reported by the Wall Street Journal, signals the firm’s intention to broaden its

Paradigm plans to raise a new $1.5 billion fund focused on cutting-edge technologies such as artificial intelligence and robotics, while continuing to support cryptocurrency investments. The strategy leverages the existing team to identify new opportunities and emphasizes the overlapping applications between AI and crypto. After partnering with OpenAI to release the benchmarking tool EVMbench, Paradigm's expansion demonstrates an interest in cross-disciplinary investments, reflecting a shift in future capital flows.

Taiwanese artist "Brother Maji" Huang Licheng has once again opened a long position on Ethereum (ETH), rolling from $250,000 to $13.5 million, using 25x leverage, with a liquidation price of approximately $1,948. His experience highlights the risks of high-leverage trading, with total losses reaching $15.68 million, serving as a warning to investors.

The US Attorney's Office for the District of Columbia has announced that the Scam Center Strike Force has seized and frozen over $580 million in cryptocurrency from transnational criminal networks operating pig butchering scams out of compounds in Burma, Cambodia, and Laos.