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Gate Blog
Your Gateway to crypto news and insights
Market News 10 Articles
Gate.io’s Daily Market Trends （June 20th）: Funds Cut Down BitCoin Holdings, Bitcoin Hashrate Falls Due to Mining Closures
Author：Gate.io Researcher：Gazer.C.
20 June 16:11
As of 12:20 on the 20th, Beijing time, the spot price of Bitcoin was $35,660.36, and the price of Ethereum was $2,200.29. Continuing the decline of the previous two days, the cryptocurrency market continued to fall. Bitcoin fell from $36,580 to a lowest of $34,728. After hitting the bottom, it rebou...
Gate.io’s Daily Market Trends （June 19th）: Dollar Index Continues to Strengthen as Bitcoin Price Continues to Fall
Author：Gate.io Researcher：Gazer.C & Chalers.F
19 June 15:15
As of 11:00 BST, Bitcoin’s price was $35,519.63, Ether’s price was $2,212.29, and DOT’s price was $20.924. Bitcoin’s price took a small dive yesterday under the combined pressure of increased inflation expectations and strengthened dollar. There were five straight losses on the hourly line,...
Gate.io’s Daily Market Trends （June 18th）: Ya’an, Sichuan Stops Bitcoin Mining, Price of Bitcoin Falls Under $38,000 Again
Author：Gate.io Researcher：Gazer.C & Chalers.F
18 June 13:37
As of 12:15 GMT, Bitcoin price was $37,830.67 and Ether’s price was $2,338.79. Under the continuing influence of high inflation expectations as well as Shutdown of mining operations in Ya’an, China, crypto markets continue to fall. Price of bitcoin fell from $39,550 to $37,210.50 at the lowest,...
In-Depth Research: The Value of Platform Tokens
Author：Gate.io Researcher：Charles F
18 June 11:12
Abstract: Platform tokens are special cryptocurrencies. Compared to other cryptocurrencies, the price of platform tokens is closely related to the exchange. In many ways its price can be likened to a stock issued by an exchange. A pricing model can be developed to evaluate the intrinsic value of pla...
Gate.io’s Daily Market Trends（June 17th）: FED Hints Increasing Interest Rate, Bitcoin Price Falling
Author：Gate.io Researchers: Gazer C. & Charles F.
17 June 16:23
Author: Gate.io Researchers: Gazer. C & Charles. F
As of 15:00 GMT, Bitcoin’s price was $39354.59 and Ether’s price was $2454.61. Under the influence of high inflation expectations yesterday, Bitcoin’s price plunged, and the price dropped by $873.48 within one hour. From t...
Feature: Bitcoin as Fiat Money? Good Move By El Salvador?
Author：Gate.io Researcher: Gazer. C
17 June 13:19
Keywords: cryptocurrency, fiat money, El Salvador, Bitcoin
Preface
Whether a crypto coin can become fiat money or even replace what is issued by the central government has always been a hot topic in the cryptocurrency world and major traditional financial institutions. On June 9th, El Salvador...
Will Ethereum overtake Bitcoin?
Author：Gate.io
17 June 09:49
Ethereum was introduced in 2015 as an improvement over Bitcoin. The project was initially proposed in 2013 by Vitalik Buterin, a 19-year-old Russian-Candian programmer. Buterin, who learned about Bitcoin from his dad, quickly understood the potential of blockchain as a technology and how to use it t...
Kusama Slot Auctions Officially Begin, Karura May Come Out On Top
Author：Gate.io Researcher：Edward H.
16 June 19:21
[Abstract]
The first Kusama parallel slot auction started at 8 pm Beijing time on June 15th (GMT 12:00 June 15th, 2021). As of this writing, Karura is in the first and substantial lead in the auction, raising 401,548 KSM, while Moonriver and Shide are temporarily in 2nd and 3rd with 91,453 and 75,4...
Looking at the Past and Present of NFT from "CryptoPunk #7523"
Author：Gate.io Researcher：Hannah.H
16 June 18:28
NFT is non-fungible token is known as non-fungible token, which has the characteristics of non-divisible, non-interchangeable, and unique. The corresponding concept to NTF is “Fungible Token (FT) )", that is, tokens that can be interchangeable for each other and are essentially indistinguishable,...
Gate.io’s Daily Market Trends（June 16th） : Indonesias Central Bank Bans Cryptocurrency Payment Services, Bitcoin Going Sideways Adjustment
Author：Gate.io Researcher：Gazer.C & Chalers.F
16 June 14:07
As of 12:00 GMT, Bitcoin’s price was $39853.59 and Ether’s price was $2515.42. In the morning of the 16th, Bitcoin’s price experienced a strong fluctuation. Within the space of four hours, the price broke through $41,000 and fell below $39,600. Apart from this commotion, today's Bitcoin’s pr...
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