Gate Crypto Flash News and Market Updates

The Meme coin TRUMP team announces that they will enter a new development phase, focusing on enhancing market liquidity and application scenarios, as well as capital operations. The plan includes measures such as simultaneous promotion of returns and liquidity, market structure optimization, and more, supporting holders to participate in profit-sharing programs. Additionally, tokens will be unlocked for ecosystem investment and collaborations, aiming to improve capital efficiency and market stability.

Odaily Planet Daily reports that Sonic Labs CEO Mitchell Demeter has announced his departure on his personal X account: "I have left Sonic Labs. Although I was there for a short time, I am grateful for the experience and wish the company all the best." Mitchell Demeter took office last September. His activity on social media has been relatively infrequent, and this departure announcement is his first post in 2026.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $71,398, the total liquidation strength of long positions on major CEXs will reach $939 million. Conversely, if BTC drops below $64,937, the total liquidation strength of short positions on major CEXs will reach $919 million.

If Bitcoin breaks through $70,000, the liquidation strength of mainstream CEX short positions will reach 791 million; conversely, if it drops below $66,000, the long position liquidation strength will reach 778 million. The liquidation chart reflects the liquidity response intensity caused by price movements.

Cryptoeconomist Timothy Peterson's analysis indicates that Bitcoin still has upward potential in the current bear market, with an 88% probability that the price will be higher than the current level in the next 10 months. He believes the market is approaching a turning point rather than continuing to decline. The current Bitcoin price is approximately $68,173, and sentiment is becoming neutral.

The crypto market experienced a significant rise after the 2024 U.S. presidential election but has now pulled back. Total3 market capitalization dropped from $1.16 trillion to approximately $713 billion, a 40% decline from the peak. Both Bitcoin and Ethereum have fallen sharply, market sentiment is subdued, and the Fear & Greed Index indicates extreme fear.

ChainCatcher reports that, according to Web3 asset data platform RootData's token unlock data, ZetaChain (ZETA) will unlock approximately 44.43 million tokens at 0:00 Beijing time on March 1, valued at about $2.27 million.

ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, EigenCloud (EIGEN) will unlock approximately 38.35 million tokens, worth about $7.5 million, at 5:00 AM Beijing time on March 1.

ChainCatcher message: According to Web3 asset data platform RootData's token unlock data, Audiera (BEAT) will unlock approximately 21.25 million tokens, valued at about $5.22 million, on March 1st at 9:00 AM Beijing time.

Elliptic reports that after sanctions, the Russian crypto trading platform Garantex was seized, and at least five alternative platforms still provide funding channels for sanctioned entities, although most have not yet been sanctioned. Platforms like Bitpapa and ABCeX frequently change wallets to evade monitoring, and research shows that related sanctions evasion activities continue across multiple platforms.

IoTex announces an update stating that they have controlled the private key leak incident, with losses of approximately $2 million, involving multiple assets. The team is working with exchanges and law enforcement agencies to freeze the stolen funds and conduct an investigation. On-chain functionalities will be restored after the security upgrade and will keep transparent progress.

According to data from the prediction platform Polymarket, the current market believes that by July 2026, the probability of Trump being ordered by the court to refund tariffs is only 19%. The U.S. Supreme Court ruled that Trump's trade tax policies are illegal, and Trump expressed dissatisfaction, mentioning that there are alternative plans.

Uniswap founder Hayden Adams warns that search engine ads impersonating Uniswap have caused users to lose high-value crypto assets, with scammers using this to trick users into connecting wallets and authorizing transactions. In January 2026, the crypto industry suffered losses of $370.3 million from such attacks, mainly caused by phishing links and fake ads, highlighting the threat of brand impersonation to user trust.

ChainCatcher News, according to fees.pump.fun data, Pump.fun spent 16,813.7 SOL (approximately $1.42 million) yesterday to buy back 683.9 million PUMP tokens. Since the start of the PUMP buyback on July 15, the total buyback value has exceeded $300 million, with the current total buyback reaching $300,178,162, reducing the total circulating supply by 25.383%.

According to Coinglass data, the whale holdings on the Hyperliquid platform amount to $2.964 billion, with long and short positions nearly equal. The long positions have a loss of $134 million, while the short positions are profitable with $229 million. The whale address is long ETH with 15x leverage, currently unrealized loss of approximately 2.04 million yuan.

According to analyst defioasis.eth, Polymarket Builders reached a trading volume of $125 million in the past week, surpassing $100 million for three consecutive weeks. Meanwhile, betmoar accounts for 50.6% of the market share with a trading volume of over $550 million. Polymtrade became the first builder to surpass 10,000 traders.

Investor Nic Carter posted an analysis predicting the current market situation, believing that despite potential in the future, it still faces structural issues such as market fragmentation and insider trading, which could lead to liquidity shortages and declining user confidence. Currently, prediction markets mainly rely on sports betting, and fairness issues in non-sports sectors are concerning.