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Related Articles
Customs have stopped collecting illegal tariffs, but why is your Bitcoin still falling?
U.S. Customs announced the suspension of illegal tariffs imposed by Trump under the International Emergency Economic Powers Act, but the newly imposed 15% global tariffs will take effect on February 24. The market reaction was lukewarm, and Bitcoin prices declined again. Analysts warn that if the $60,000 support level is broken, further declines may occur. In the short term, a tax refund is unlikely, and the market remains under pressure.
TechubNews17m ago
After WLFI's price drops below $1, selling pressure increases. Can a $35 million whale buy order trigger a rebound?
On February 24, it was reported that World Liberty Financial (WLFI) dropped about 8% in the past 24 hours, weakening after falling below the $1 key level. Previously, WLFI was forming a bullish cup-and-handle pattern, but recent price fluctuations have been mainly influenced by leverage liquidations rather than long-term investors selling off.
On-chain data shows that WLFI's largest holder wallet has increased its holdings from 8.23 billion tokens to 8.56 billion tokens since February 19, adding approximately 330 million tokens, equivalent to about $35 million. This indicates that whales have actively entered during the price decline, reflecting confidence in a future recovery. Meanwhile, exchange inflows have decreased from 128 million tokens to just 8.9 million tokens, a nearly 93% drop, showing reduced retail selling pressure.
GateNewsBot45m ago
On Pi Network's anniversary, 300,000 Pi Coins flowed out to CEX. Can the price hold the key support level?
February 24 News, on the first anniversary of the Pi Network open mainnet launch, approximately 300,000 PI tokens have flowed out from centralized exchanges, with the price of Pi Coin remaining around $0.16. This outflow reflects a decrease in immediate seller liquidity on exchanges and highlights increased community engagement and ecosystem activity. The Pi core team stated that since the mainnet went live independently, the project has achieved significant growth in KYC approval, mainnet migration, developer activity, and overall network participation.
On-chain data shows that in the past 24 hours, exchange wallets have net outflows of approximately 305,547 Pi Coins, with one CEX alone net outflowing over 623,000 Pi Coins, offsetting small inflows on platforms like Gate. Although this change is limited relative to the total supply, combined with the anniversary celebration, it indicates that the network ecosystem is steadily expanding, and long-term holders remain confident.
GateNewsBot49m ago
XRP drops 9% as whales buy 170 million coins: Is this a sign of a price bottom or a precursor to a rebound?
February 24 News, despite XRP's recent sustained pressure and a phased decline of about 9%, on-chain fund flows have shown clear signs of divergence, with large holder addresses and institutional investors continuing to add positions during the pullback, sparking market attention on whether XRP's price has bottomed out and the potential for a rebound.
Data shows that since February, XRP has been consistently constrained by a downward trend resistance level, with short-term momentum remaining weak and market sentiment turning cautious. However, on-chain indicators reveal that XRP's current market price is below its intrinsic value, which usually indicates that most holders are in a floating loss. From a historical cycle perspective, when the price falls below the actual cost range, it is often seen as an undervalued phase, likely to attract medium- to long-term capital deployment.
GateNewsBot1h ago
Bitcoin drops below the $65,000 threshold: Trump's tariffs disrupt the market, will BTC test $60,000?
On February 24, news reports indicate that amid increasing uncertainty over the United States pushing forward a new round of global trade tariff policies, Bitcoin prices have fallen below the key psychological threshold of $65,000, and market risk appetite has significantly cooled down. Data shows that Bitcoin retreated from a high of approximately $66,465 on Monday to an intraday low of $62,952, a stage decline of nearly 5%, and a cumulative retracement of about 35% from the year's high, with market sentiment turning cautious.
This downward movement is closely related to the policy expectation that the Trump administration may impose an additional 10% tariff on multiple countries (potentially raised to 15% via executive order). Historical experience shows that escalating trade tensions often intensify volatility in the crypto market. The market still remembers that after the U.S. imposed high tariffs on China in 2025, the total market value of cryptocurrencies shrank significantly within two months, and Bitcoin's sensitivity to macro shocks once again became a focus.
GateNewsBot1h ago