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.
Polymarket’s daily revenue ranks 5th in crypto, as expectations for the POLY airdrop heat up

Polymarket’s daily revenue ranks 5th in crypto, as expectations for the POLY airdrop heat up

Polymarket achieved $1.71 million in daily revenue on April 3, and for the first time introduced a fee for multiple categories through a new rate structure. At the same time, users holding POLY tokens can receive a fee discount, enhancing the token’s utility. Polymarket’s prediction data is also favored by traditional financial markets, influencing the global oil futures market and further demonstrating its commercial potential.

Boxing champion Mike Tyson attended a TRUMP token lunch at Mar-a-Lago, where he may be able to speak directly with Trump

Boxing champion Mike Tyson will attend a TRUMP token luncheon hosted at Mar-a-Lago on April 25 and give a speech. Entry to the event is tiered by the holders’ rankings: the first 297 holders can attend the luncheon, and the first 29 can enjoy VIP treatment. WLFI is integrating traditional finance with the crypto space, advancing the drive toward compliance, and attracting multiple financial titans to participate.

Avi Gilburt: A rebound in gold or a trap—the end goal is a drop to $3,800.

Senior analyst Avi Gilburt warns that a gold rebound could be a trap, predicting that it will ultimately fall to near $3,800. He identifies two downside paths: one is a direct pullback, and the other is a bull trap, which may cause investors to misjudge that a bull market has already begun. Gilburt emphasizes that technical structure analysis takes precedence over macroeconomic factors, and he points to investment opportunities in silver and mining stocks.

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X Cracks Down on Crypto Scams with Instant Account Locks

_X introduces auto-lock and identity checks for first crypto posts, aiming to cut phishing scams and hacking incentives by 99%._ X has announced a strong new step to fight rising crypto scams on its platform. First-time accounts posting about cryptocurrency will now be automatically locked by the c
BTC0,19%
LiveBTCNews·57m ago

NFL official betting partner falls through; DraftKings and FanDuel contracts expired and were not renewed

In April 2023, the NFL first found itself without an official betting partner after its contracts with FanDuel, DraftKings, and Caesars Entertainment were not renewed. The main reason the negotiations failed was that data provider Genius Sports’ fees increased significantly. In addition, legal challenges related to prop bets have also put pressure on the NFL and could affect the way it partners with the gambling industry.
MarketWhisper·1h ago
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