Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Gate Daily (February 11): Federal Reserve warns of cooling crypto craze; former SafeMoon CEO sentenced to 8 years in prison

Gate Daily (February 11): Federal Reserve warns of cooling crypto craze; former SafeMoon CEO sentenced to 8 years in prison

Bitcoin (BTC) remains in a downturn, temporarily trading around $69,160 on February 11. Federal Reserve Board member Waller warned that the cryptocurrency boom is fading as it remains closely linked to traditional finance (TradFi). The former SafeMoon CEO was sentenced to 8 years in prison for a cryptocurrency scam and ordered to forfeit approximately $7.5 million and two residential properties.

State Street Bank warns: If the Federal Reserve aggressively cuts interest rates, the US dollar could depreciate by 10% this year

Bank of America strategist warns that if the Federal Reserve adopts aggressive easing, the US dollar could depreciate by 10% this year, marking the worst in a decade. Two rate cuts are the baseline, and three are also possible, as narrowing interest rate differentials prompt overseas investors to sell dollars. Trump nominates Kevin Warsh to succeed Powell as Federal Reserve Chair, expecting more aggressive rate cuts. Currently, the interest rate is 3.50%-3.75%, and CME indicates the first of two rate cuts is expected in June.

Goldman Sachs reveals $2.3 billion in cryptocurrency investments! From skepticism to embracing BTC and XRP assets

Goldman Sachs disclosed a $2.36 billion cryptocurrency exposure in its Q4 2025 13F filing, with holdings including $1 billion in BTC, $1 billion in ETH, $153 million in XRP, and $108 million in SOL. Held through regulated instruments like XRP ETFs, rather than direct holdings. Goldman Sachs manages $3.6 trillion in assets, and this move marks a shift from skepticism to cautious embrace of cryptocurrencies.

Why is Bitcoin's rebound stalling? Cautious sentiment ahead of non-farm payrolls, ETF has not filled the outflow gap.

Bitcoin remains range-bound around $69,000, with ETF inflows of $516 million, but still not fully offsetting the $2.2 billion outflow. Deribit put/call ratio surged to 3.1 before falling back to 1.7. Silver plummeted 45%, triggering a chain liquidation effect. Bitcoin is stuck in a downtrend and needs to break above $72,000. Wednesday's non-farm payrolls are expected to increase by 70,000, with market sentiment remaining cautious.

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Baidu and Uber Launch Apollo Go Autonomous Ride-Hailing in Dubai

Editor’s note: Baidu and Uber have announced the next phase of their global partnership, bringing Baidu’s Apollo Go autonomous ride-hailing service onto the Uber platform in Dubai, in collaboration with the city’s Roads and Transport Authority. The service is expected to launch in the coming month a
CryptoBreaking·8m ago

XRP Now Have CME Gaps at $1.74—Will it be Filled?

Bitcoin and XRP have CME gaps sitting 25% and 27% away from their current prices, leading to speculation that the market could move to fill these gaps soon. The crypto market currently faces one of its most bearish phases since 2022, a year marred by the Terra and FTX implosions. Since hitting the
XRP-4,61%
BTC-3,4%
TheCryptoBasic·12m ago
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ADA Price Crashes 80% From Peak: Is This a Historic Buying Opportunity?

Cardano (ADA) price has plunged over 80% from its December 2024 high, trading near multi-year lows. Amid this collapse, a major analyst spots a high-reward buying setup, while the launch of CME ADA futures triggers unexpected selling pressure. This deep dive explores the technical signals, on-chain whale activity, and the conflicting market forces shaping Cardano's critical 2026 price juncture.
CryptopulseElite·19m ago
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Mr. Beast officially enters finance, the new banker of Generation Z

Written by: Kaori Edited by: Sleepy.txt In February 2026, Mr. Beast officially acquired the digital banking unicorn Step, which targets teenagers. Through this deal, he gained a complete financial infrastructure including accounts, card issuance, and credit building. Last October, Mr. Beast just filed a trademark application for "MrBeast Financial," covering areas such as decentralized exchange operations, cryptocurrency payment processing, and investment management. And one month ago, the financial company BitMine, which holds 43 million Ethereum and aims to control 5% of the total Ethereum supply, invested $200 million into Mr. Beast's enterprise. A 27-year-old internet celebrity who buried himself alive on YouTube and built a pyramid in the desert, took less than four months to secure
ETH-3,64%
DEFI-12,16%
TechubNews·48m ago
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