Topics of Crypto World

This week’s recap centers on growing macroeconomic uncertainty and shifting market sentiment. As investors await key U.S. economic data, Bitcoin and Ethereum traded sideways, while major altcoins showed diverging performance. Privacy-focused tokens — including Zcash, Dash, and Decred — gained attention as related narratives strengthened. The report also provides a comprehensive overview of major venture deals, ecosystem developments, and protocol updates, offering a full snapshot of the evolving Web3 landscape.

Gate Research Daily Report: On November 17, BTC remains in a short-term weak downward consolidation structure, with 92,976 USD forming a key short-term low and serving as the core defense for bulls. ETH is also in a short-term weak consolidation pattern but has shown a clear rebound signal after touching the 3,004 USD low. Ethereum spot ETFs recorded a historic third-highest weekly net outflow of 729 million USD. ZEC contract positions surpassed 1.5 billion USD, reaching a record high, with significant increases in privacy network trading activity. Meanwhile, Japan’s regulators plan to reclassify BTC, ETH, and other cryptocurrencies as financial products, potentially reducing tax rates to 20%.

On November 17, BTC remained in a short-term weak downward consolidation structure, with 92,976 USD forming a key short-term low and serving as the core defense for bulls. ETH is also in a short-term weak consolidation pattern but showed a clear rebound signal after touching the 3,004 USD low. GT, after experiencing a sharp decline and reaching a low of 10.51 USD, has gradually shifted from a downward trend to a weak consolidation and stabilization phase. In addition, RESOLV (+44.4%), LIGHT (+49.17%), and KITE (+13.59%) performed strongly, indicating that stablecoins and payment-related assets are once again becoming focal points for market capital. Ethereum spot ETFs recorded a historic third-highest weekly net outflow of 729 million USD. ZEC contract positions surpassed 1.5 billion USD, reaching a record high, with significant increases in privacy network trading activity. Meanwhile, Japanese regulators plan to reclassify BTC, ETH, and other cryptocurrencies as financial products, potentially reducing tax r

Gate Web3 BountyDrop is a one-stop hub that gathers the most popular airdrop projects, offering users a fast-track entry into interactive tasks. Users can easily browse the latest airdrop projects, view project overviews, the interaction process, participation timeframes, and directly access project pages through task links to participate.

Gate, a global leading digital asset trading platform, has officially launched the upgraded Gate Pay App, integrating three core pillars, centralized trading (CEX), Web3 wallet, and payment, into a unified application. The release represents a major milestone in building an all-scenario crypto payment system for both merchants and individual users. As the crypto industry moves toward global adoption, payments have become the ultimate stop connecting blockchain technology with the real world. The new Gate Pay App marks Gate’s strategic step to transform crypto from something that is “tradable” into something that is truly “useful,” completing the payment layer of the company’s All in Web3 strategy.

This article presents an in-depth analysis of transformation strategies employed by mining companies like IREN, CORZ, and HUT. It highlights how they have utilized existing power infrastructure and data center resources to drive substantial growth in revenue and company valuation.

This article provides a detailed analysis of Tether’s financial performance, the rapid growth of its gold holdings, and its integration across the gold supply chain. It reveals Tether’s vision to build a global financial institution that generates profits from U.S. Treasuries and is primarily backed by gold and Bitcoin.

The article presents comprehensive data and case studies to examine the evolving landscape of Bitcoin, stablecoins, and DeFi. It details how these changes affect market participants.

Grayscale's IPO filing on the New York Stock Exchange marks its entry into US capital markets as a $35 billion leading crypto asset manager. The firm manages more than 40 products and over 45 cryptocurrencies. ETP and ETF assets under management reach roughly $33.9 billion. The IPO will use an Up-C structure, allowing the founding team to retain governance control. While both revenue and profit have seen slight declines, Grayscale's net profit margin remains high at 65%, highlighting the strong net profit margin characteristic of its asset management business.

The market is anticipating the year-end "Santa Claus Rally": during periods of loose monetary policy and abundant liquidity, Bitcoin has typically outperformed gold. However, this year's macroeconomic environment and the structure of market participants are different. This article compares the differences between Bitcoin and gold in terms of liquidity, buyer categories, and holiday trading characteristics, exploring which asset is more likely to become the star performer during the year-end period.

DeFi is witnessing an unprecedented wave of buybacks, with leading protocols like Uniswap and Lido accelerating their alignment with traditional financial models in fee distribution, token buybacks, and governance weight. This has sparked intense debate over whether decentralization is being replaced by "corporatization." Using the latest buyback policies as a starting point, this report delves into the centralization controversies, governance structure restructuring, and new trends in token economics facing the DeFi sector, offering a critical perspective for understanding the industry's next phase of evolution.

The article analyzes the main areas of project overview, team background, investor background, tokenomics, and regulatory compliance. It identifies common pitfalls and risks associated with Web3 projects and offers clear approaches for due diligence and assessment criteria.

This article examines the practical challenges AA faces, such as business model sustainability and compatibility concerns within the ecosystem. It also explains how the x402 protocol facilitates cross-chain interoperability through a layered protocol design. Additionally, it highlights the unique role of ERC-8004 within the x402 framework.

The article not only explains the economic dynamics and design principles of arcade tokens in detail but also demonstrates their application potential in the digital economy through real-world cases.

The article not only highlights the advantages of stablecoins in transactions, payments, and cross-border settlements, but also analyzes their role in consolidating dollar hegemony and their importance as a financial lifeline in emerging markets.