Gate Crypto Flash News and Market Updates

ChainCatcher Message, according to NBC News: U.S. President Trump (regarding the report of Iran's Supreme Leader Khamenei's death) stated, "We believe this is the correct report. Most of those making all the decisions are no longer here."

ChainCatcher News, late at night on February 28th local time, Iran announced a new round of missile strikes against the "invaders." According to reports from the main station, explosions were heard again in Dubai, UAE, and Doha, the capital of Qatar. (CCTV International News)

Gate News bot message, Gate market display, BTC breaks through 67,000 USDT, current price 67,005.4 USDT.

Israeli senior officials claim that Iran's Supreme Leader Khamenei was killed in an Israeli airstrike, and his body has been found among the ruins of the official residence. Israeli Prime Minister Netanyahu confirmed this news and stated that they will continue to target leaders involved in Iran's nuclear program. Iran has not yet responded.

In the past 24 hours, the total liquidation amount across the entire network reached $526 million, involving 144,115 people. Among them, Bitcoin long and short liquidations were $122 million and $103 million respectively, while Ethereum long and short liquidations were $90.62 million and $47.88 million. The largest single liquidation was $11.17 million.

Gate News bot message, Gate market display, ETH breaks through 1950 USDT, now priced at 1950.35 USDT.

Gate News bot message, Gate market display, BTC breaks through 66,000 USDT, current price 66,085.5 USDT.

Gate News bot message, Gate Market Display, since launching Alpha, Freedom of Money has increased by 6715.35%, now priced at 0.0070307 USDT.

ChainCatcher reports that, according to Coinglass data, if BTC drops below $61,952, the total long liquidation strength on major CEXs will reach $1.216 billion. Conversely, if BTC breaks above $68,392, the total short liquidation strength on major CEXs will reach $978 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $1,809, the total liquidation strength of long positions on major CEXs will reach $791 million. Conversely, if ETH breaks above $1,998, the total liquidation strength of short positions on major CEXs will reach $746 million.

Gate News bot message, Gate Market Display, since launching Alpha, BULLA has increased by 50.55%, current price is 0.02304 USDT.

In the past 24 hours, total liquidations across the network reached $498 million, with $357 million in long positions and $141 million in short positions. Bitcoin and Ethereum long positions were liquidated at $140 million and $101 million respectively, and a total of 144,570 people worldwide were liquidated.

BlockBeats News, February 28 — Sources say that before launching an attack on Iran, the CIA assessed that even if Iran's Supreme Leader Khamenei were to be assassinated, it is highly likely that a hardliner from the Islamic Revolutionary Guard Corps would succeed him. (Jin10)

Ethereum's Vitalik introduced the EIP-8141 proposal on the X platform, aiming to address issues related to account abstraction (AA), with the core being "frame transactions." This mechanism supports various transaction scenarios, enhances security, and complements FOCIL to accelerate transaction execution. After years of research, the related technology is expected to be implemented through the Hegota fork within a year.

PANews February 28 News, citing CCTV News via Jintian, reports that officials of the EU Navy "Aspides Operation" (EU Red Sea Escort Operation) stated on the 28th that their ships have received radio signals from the Iranian Revolutionary Guard, stating that "no ships are allowed to pass through the Strait of Hormuz."

ChainCatcher message, according to analyst @alicharts, the current Ethereum MVRV (Market Value to Realized Value ratio) has dropped to 0.78. Historically, when the MVRV ratio falls below 0.8, ETH is usually near a long-term bottom. However, the market is still in a phase of heavy distribution. @alicharts suggests that if selling pressure continues, the potential support levels are: $1800, $1584, $1238, and $1089.

Despite concerns that Iran might block the Strait of Hormuz to impact oil supplies, experts believe this worry is exaggerated. A blockade would not align with Iran's interests, and geographical conditions limit its feasibility. Nevertheless, a full-scale war could still trigger market risk sentiment.

Odaily Planet Daily reports that according to CoinGlass data, a total of 147,171 people were liquidated across the entire network in the past 24 hours, with a total liquidation amount of $505 million. Among them, long positions were liquidated for $362 million, and short positions for $143 million. The largest single liquidation occurred on Aster's BTCUSDT trading pair, valued at $11.1713 million.

Gate News bot message, Gate market display, since launching Alpha, Freedom of Money has increased by 6512.00%, now priced at 0.0058778 USDT.

PANews February 28 News, CoinAnk data shows that in the past 24 hours, the total liquidations in the cryptocurrency market across all contracts reached $382 million, including $277 million in long positions and $105 million in short positions. The total liquidation amount for BTC was $148 million, and for ETH it was $90.29 million.