Yesterday, US Bitcoin spot ETF saw a net inflow of $225 million, while Ethereum ETF experienced a net outflow of $10.8 million.

Chainlink CCIP Becomes Exclusive Bridge for Coinbase Wrapped BTC to the Monad DeFi Ecosystem

Chainlink CCIP now enables Coinbase’s cbBTC to bridge from Base to Monad, opening direct access to Bitcoin-backed DeFi liquidity. Monad will access more than $5 billion of cbBTC to lend, trade, and for Bitcoin-based DeFi products. Chainlink has enabled Coinbase Wrapped BTC (cbBTC) to move fr

Trader Opens $42.7M Bitcoin Long Position with 30x Leverage as BTC Hits $71,000

Gate News bot message, Bitcoin returned to $71,000. Trader 0x004E opened a 30x long position on 600 BTC ($42.7M) in the past 20 minutes at an entry price of $70,235.8. The trader has unrealized profit of $570K. The liquidation price is $66,942.69.

QCP: Bitcoin remains resilient amid the Hormuz crisis, while AI and tech industries come under pressure

The closure of the Strait of Hormuz has led to rising energy prices, with Brent crude reaching $83 and natural gas up 50%. The South Korean stock index KOSPI fell 20% due to the impact. Bitcoin performed strongly, possibly indicating a shift in risk appetite. The market expects continued volatility, with all parties pressuring Iran to open the strait.

BTC Breaks Through 71,000 USDT

Gate News bot message, Gate market display, BTC breaks through 71,000 USDT, current price 71,050.1 USDT.

Gate's annual trading volume increased by $3.9 trillion, a 204% year-over-year growth.

CryptoQuant report shows that Gate's trading volume increased by $3.9 trillion over the past year, a 204% year-on-year growth, ranking first in both BTC and perpetual contract markets. Its derivatives trading is rapidly expanding, making it the fastest-growing exchange in 2025, demonstrating sustained liquidity and market share advantages.