- Market Commentary: On October 24, BTC once again broke above the $110,000 mark, reaching an intraday high of $111,100 and currently trading around $110,700, up 2.7% in 24 hours. ETH found support near $3,750 and rebounded slightly, fluctuating around the $3,870 level.
- Trending Tokens: ARP surged 70.64% in 24 hours following a $20 million financing round and an airdrop announcement, backed by institutions such as Pantera Capital, HashKey Capital, and Gate Labs. XPIN rose 66.13%, benefiting from the DePIN narrative and increased trading activity, with continuous capital inflows. B2 gained 24.55% amid renewed enthusiasm for the Bitcoin ecosystem and innovation in its modular expansion, resulting in a strong technical rebound.
- Alpha Insights: Cathie Wood announced an investment in Japan’s Ethereum treasury firm Quantum Solutions, highlighting traditional capital’s ongoing expansion into the Ethereum ecosystem. Meanwhile, a “Satoshi-era” wallet dormant for 14.4 years was reactivated, transferring 150 BTC (worth approximately $16.56 million), sparking widespread discussion in the market.
- Gate Launchpool: Gate has launched the subscription for Cygnus (CGN). Users can participate before 10:00 (UTC), November 4, 2025, by staking GUSD, USDT, or CGN to receive a share of 6,000,000 CGN airdrops for free. Cygnus is the first Instagram App Layer that integrates on-chain and off-chain assets to empower the creator economy and, through its Cygnus LVS infrastructure, aims to onboard billions of users into the Web3 ecosystem.
Discover more details today → Gate Research: ARP surges over 70% in 24 hours｜Cathie Wood invests in ethereum treasury firm
Gate Research is a comprehensive blockchain and cryptocurrency research platform that provides deep content for readers, including technical analysis, market insights, industry research, trend forecasting, and macroeconomic policy analysis.
Disclaimer
Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.
Gate Team
Gateway to Crypto
Trade over 4,500 cryptocurrencies safely, quickly, and easily on Gate
Take Action Now
Sign up and claim up to $10,000 in welcome rewards
Invite friends and earn a 40% commission
Stay Connected
Visit Gate's official website
Download the Gate App | Desktop
Follow us on X (Twitter) to get more bonuses
Join our Telegram community to discuss trending topics
Engage with our global community for the latest insights
Transparency & Security
Check our 100% Proof of Reserves
