Gate Insights and Crypto Market Analysis

_Key Takeaways_ _Bitcoin whales holding 1,000+ BTC

The path for Bitcoin to return to its all-time high and enter a new price discovery phase is increasingly dependent on whether the flow of capital into Bitcoin spot ETFs can be sustained, following the two-way start of 2026 – a period that has tested the "rootedness" of institutional demand.

CARF is an automatic cross-border tax information exchange framework for crypto assets, aimed at supporting tax authorities in various countries to obtain relevant crypto transaction information. By 2025, 76 countries have committed to implementation, and the first regional exchanges will begin in 2027. Hong Kong, China, has explicitly committed to participate, while mainland China has not yet committed. In the short term, it does not meet the conditions for participation, but future policy adjustments may change the current situation.

Pi Network's new Product Design Workshop aims to transform raw ideas into functional apps, focusing on hands-on UX/UI skills and prototype development. It lowers barriers for creators, promoting quality over quantity and aligning with Pi's long-term goals for a robust Web3 ecosystem.

Polymarket has signed an exclusive multi-year agreement with MLS, covering events such as the MLS Cup and promoting second-screen interactions. Kalshi has surpassed trading volume through its partnership with Robinhood. Polymarket also has exclusive agreements with UFC and the New York Rangers. Three states question whether sports predictions constitute unlicensed gambling.

The Bitcoin network is facing a significant decline in mining activity, marked by a drop in mining difficulty and profitability since November 2025. Many miners are shifting to more profitable ventures like AI data centers instead of continuing with unprofitable Bitcoin mining.

In brief Australia is progressing digital-asset licensing laws that would require crypto custody and trading platforms to hold an Australian Financial Services Licence. ASIC said some firms deliberately remain outside existing rules, heightening regulatory uncertainty and complicating

Author of "Rich Dad Poor Dad," Robert Kiyosaki, continues to buy BTC and ETH despite price fluctuations, believing that the decline in the purchasing power of 38.4 trillion in government bonds and the US dollar is a key factor. He regards BTC as "digital gold" to counter currency dilution, with a target price of 1 million USD.

_A cybersecurity researcher recently found 149 million login credentials sitting on an open server, including nearly 420,000 accounts from Binance._ _This leak did not happen because of a flaw in Binance’s systems. Instead, it was due to “infostealer” malware on personal devices._ _The d

MultiversX proposes removing the EGLD supply cap while introducing tail inflation and revised fee incentives. The move breaks long-standing scarcity promises, sparking debate over trust and dilution risks. Foundation argues new tokenomics could drive growth, liquidity, and long-term

Solana ETFs show consistent positive inflows, signaling institutions are building positions with a long-term view. ETF assets surpassing $1.08B suggest large funds are committed to Solana’s scalability and future growth. Price

Gold breaks $5,100, silver hits $109 to reach a new high. China has increased its gold holdings for 14 consecutive months to 2,306.32 tons, and starting from January 2026, silver exports will undergo "one order, one review," halving exports of 70% of global refined silver and causing a surge. Zijin acquires a Canadian gold mine for $4 billion, with 533 tons accounting for 20% of China's reserves.

Hideo Kojima clarifies that Metal Gear Solid 2 was not an AI prophecy but a discussion of digital society, exploring information overload and digital control, which became a reality 24 years later. "It's less about prediction and more about a future I don't want to see." During the internet bubble in 2001, "Blue Fear" and "Reon" also explored similar themes. He predicts that future remakes will incorporate AI, with humans focusing on innovation and planning to develop "training AI" games.

Key Takeaways Ondo (ONDO) has recorded an all-time high TVL of $2.52 billion, rising over 31% in the past 30 days, signaling strong on-chain

McKinsey and Artemis Analytics analysis reveal the illusion of stablecoin payments, with the vast majority of the $35 trillion annual transaction volume coming from exchange allocations, arbitrage, and smart contract cycles. After removing noise, the true payments in 2025 amount to only $390 billion, accounting for 0.02% of the global total, but doubling year over year. Asia accounts for 60%, concentrated in Singapore, Hong Kong, and Japan.

Hong Kong's "Stablecoin Ordinance" requires licensed banks or a capital of 25 million, full reserves, and is limited to professional investors (8 million / 40 million threshold). Tether, registered in the British Virgin Islands, faces three challenges: capital, auditing, and access. Circle has already aligned with regulations, and Hong Kong is promoting the Digital Hong Kong Dollar to position itself as an Asian hub.

SpaceX has partnered with the four major top investment banks—Morgan Stanley, Goldman Sachs, JPMorgan Chase, and Bank of America—to prepare for an IPO. The plan is to go public in 2026 with a valuation of 1.5 trillion USD, raising over 25 billion USD, surpassing Saudi Aramco's record of 29 billion USD. Elon Musk previously insisted that Starlink would not go public until it was stable, but now the conditions are ripe.

Litecoin (LTC) shows signs of recovery, trading around $68 after hitting key support levels. On-chain and derivatives data indicate potential for upward movement if buyers maintain support. Indicators like RSI and MACD suggest improving market conditions, although pressure may arise if support levels fail.