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Market Insights
Market Trend｜The SEC Moves To Sue Terraform Labs, The Firm Behind The Failed Terra Stablecoin; SBF Out On Bond As ‘Revocation’ Proceedings Remain A Possibility
Penulis：Gate.io Researcher: Matthew Webster-Dowsing
17 February 13:45
With the past week threatening a marketwide correction, it appears as if these concerns have been diminished, with assets across the top 100 beginning to accelerate in price and volume, with many seeing upswings of over 10%.
Market Insights
Daily News | Bitcoin's Brief Climb to $25K Cut Short as US Fed Triggers Market Decline, Musk's Latest Meme Sends FLOKI Soaring by 200%
Penulis：Gate.io Researcher: Peter L.
17 February 09:56
The discussion by US Federal Reserve officials about increasing interest rates by 50bps resulted in a decrease across markets, including Bitcoin which experienced a drop after briefly reaching $25,000. Additionally, a meme posted by Elon Musk featuring his dog led to an increase in the price of FLOKI by 200%.
Market Insights
Daily News | Bitcoin Passes $24K as Macro Factors Favor Crypto, Lido DAO's Treasury Proposal Drives LDO Token Up
Penulis：Gate.io Researcher: Peter L.
16 February 09:59
Bitcoin surged due to lower volatility in stocks and bonds, declining oil prices, and a weakening US dollar, making it a compelling liquidity play. Lido DAO proposed to sell or stake $30M Ether from its treasury, resulting in a positive response from investors with LDO token gaining 10% on the day of proposal submission and 18% the following day.
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