Today, the Fear & Greed Index dropped to 11, indicating the market is in a "Extreme Fear" state.

Bitcoin drops back to $65,000! PPI exceeds expectations and Nvidia's sharp decline drag down, Solana, XRP, and Dogecoin all pull back collectively

Bitcoin retreated due to the US PPI exceeding expectations and Nvidia's stock price declining, falling to $65,735, a weekly decrease of 2.8%. Altcoins such as Solana and Ethereum experienced even larger drops. Despite strong Bitcoin ETF fund inflows, the overall market remains under pressure, with attention on price range support and the potential for a future rebound.

Uniswap launches eight-chain fee sharing voting, UNI token monthly earnings could significantly double

Uniswap launched a fee distribution voting on February 27, 2026, across eight Layer 2 blockchains. The proposal allocates one-sixth of transaction fees to the "Token Treasury," allowing UNI holders to earn rewards by burning tokens. The voting will close on March 4. This mechanism aims to increase holder rewards and reduce circulating supply. Currently, the UNI price has recovered approximately 9%.

XRP Today's News: XRPL Serious Vulnerability Nearly Cleared Wallets, Emergency Patch Promotes $1.35 Rebound

The proposed batch revision (XLS-56) for the XRP Ledger has been found to have a serious logical flaw that could lead to unauthorized ledger modifications. However, since it has never been activated on the mainnet, holder funds remain secure. Developers have marked this revision as unsupported and provided a comprehensive fix. XRP technical analysis shows a rebound from the $1.35 support level, with the next resistance at $1.61.

PI (Pi) increased by 2.82% in the past 24 hours

Gate News Bot Message, February 28th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.17, up 2.82% in the past 24 hours, reaching a high of $0.17 and a low of $0.16. The 24-hour trading volume is $150 million. The current market capitalization is approximately $1.617 billion, an increase of $44.3 million from yesterday. Pi Network is a groundbreaking mobile cryptocurrency mining platform that allows users to mine easily through a mobile app without consuming大量电力. The project uses innovative technology to achieve truly decentralized, secure, and tamper-proof digital currency. Pi emphasizes user-friendliness and sustainability, aiming to solve the high energy consumption issues of traditional cryptocurrency mining and enable more ordinary users to participate in the crypto ecosystem.

Uniswap fee switch to be expanded to eight chains, with UNI burn to claim protocol revenue

Uniswap token holders will vote this Thursday to decide whether to activate the protocol fee switch, covering multiple Layer 2 blockchains. Once activated, one-sixth of the fees collected by liquidity providers will be used to burn UNI tokens, potentially doubling the returns. The fee switch was first implemented on Ethereum last year, generating a total of $3.3 million in revenue, with Base becoming the largest fee-generating chain. Following the proposal, the UNI price has increased by 9%. The voting will end on March 4th.