GateNewsBot

Gate News bot message, Smart trader 0x152e has opened new 20× short positions on 21,838 $ETH ($49.3M) and 227,635 $SOL ($22M). The trader recently made approximately $7.2M through shorting activities. His total profit now stands at $18.8M.

Gate News Bot Message, February 4th, according to CoinMarketCap data, as of press time, SPACE (Spacecoin) is currently priced at $0.01, up 21.82% in the past 24 hours, reaching a high of $0.01 and a low of $0.01. The 24-hour trading volume is $89.6 million. The current market capitalization is approximately $15.3 million, an increase of $2.73 million compared to yesterday.
Spacecoin is the world's first internet network supported by blockchain satellites, dedicated to providing reliable, permissionless internet access to the 2.6 billion unconnected people worldwide. The project is built on Creditcoin and creates a global connectivity network through a constellation of small satellites in low Earth orbit, operating independently of ground infrastructure to ensure connectivity during natural disasters, government restrictions, and internet outages.

Gate Alpha launched the 54th session of the Points Treasure Hunt on February 4th. Users must hold at least 100 points to participate by投入 1-10 Alpha points in the lottery. The event consists of 10 rounds, with 6 GT awarded each round. The top four cryptocurrencies by increase today are Hulk, CLIPPED, MOODENG, and PWEASE. The platform now supports multiple popular public blockchains, enabling seamless trading.

As gold prices surpass $5,000, major whales continue to increase their investments in gold-pegged tokens, with several whales purchasing large amounts of XAUT and PAXG at different prices, further expanding their gold asset holdings.

Crypto KOL CBB recently took large short positions on commodities on Hyperliquid, with a total holding of over $40.8 million, mainly bearish on silver and semiconductor storage. Its short positions amount to approximately $37.4 million, with accumulated profits of $9.3 million. Holdings include silver, Intel, and others.

After the Ethereum network completed the Fusaka upgrade, transaction fees significantly decreased, with an average of over 2 million transactions per day and a 60% increase in active addresses. Low Gas fees have led to "dust attacks," accounting for 11% of total transaction volume and 26% of active addresses, doubling compared to before the upgrade.

The U.S. prosecutors announced that Rui-Siang Lin, the operator of the dark web drug trading platform Incognito Market, has been sentenced to 30 years in prison. The case is one of the largest since Silk Road. He pleaded guilty in 2024, involving over $105 million in illegal drug transactions.

Tether has lowered its fundraising target from $15-20 billion to $5 billion amid investor skepticism about its $500 billion valuation. CEO Paolo Ardoino stated that the previous fundraising amount was a misunderstanding, emphasizing that the company is highly profitable, with last year's profit around $10 billion, but it is expected to decrease by 25% in 2025.

Tianrui Xiang has reached a strategic agreement with an investor, who will exchange 15,000 Bitcoins for company equity, currently valued at approximately $1.1 billion. The agreement also includes collaborations related to artificial intelligence and the crypto sector, with plans to jointly establish an innovation lab and develop multiple new products.

Gate News Bot Message, February 4th, according to CoinMarketCap data, as of press time, GWEI (ETHGas) is now priced at $0.03, up 15.91% in the past 24 hours, with a high of $0.05 and a low of $0.02. The current market cap is approximately $53.2 million, an increase of $7.3 million from yesterday.
ETHGas is a new type of Ethereum block space trading platform dedicated to transforming Ethereum block space into tradable commodities. By breaking down Ethereum block space into atomic parts, ETHGas unlocks instant settlement and the foundation for Ethereum's largest gas rebate program in history.
ETHGas's vision is to evolve Ethereum into a real-time network, where in the future users will be able to experience zero gas fees and seamless transactions within the Ethereum ecosystem.

Gate News Bot Message, February 4th, according to CoinMarketCap data, ALCH (Alchemist AI) is currently priced at $0.10, up 14.45% in the past 24 hours, reaching a high of $0.10 and a low of $0.08. The current market cap is approximately $8.24 million, an increase of $1.04 million from yesterday.
Alchemist AI is an AI platform that allows users to turn ideas into working applications and games without coding. Users can choose from various generation pipelines, including the standard pipeline (3-5 minutes) that balances speed and quality, the quick pipeline (1-2 minutes) for rapid prototyping, the Kimi 2 pipeline (5-8 minutes) for optimized contextual understanding, and the Alchemist V4 pipeline (5-8 minutes) optimized specifically for coding tasks. The platform

On February 3rd, Bitcoin spot ETFs experienced a total net outflow of $272 million, while BlackRock's ETF IBIT had a single-day net inflow of $60.0264 million, and Fidelity's ETF FBTC had a single-day net outflow of $149 million. The current total net asset value of Bitcoin spot ETFs is $97.008 billion.

Foresight News reports that on-chain governance tool Tally will conduct an ICO and plans to publicly document the entire process over the next 60 days. Additionally, Tally has built an ICO fundraising platform based on Uniswap CCA (possibly a type of contract or mechanism) to help teams of any size raise capital. Tally states that the platform will integrate all the success of Tally products and services into a unified whole.

BlockBeats News, February 4th, according to Farside Investors monitoring, yesterday the US Bitcoin spot ETF experienced a net outflow of $272 million, while the Ethereum ETF saw a net inflow of $14 million.

Cryptocurrency asset management firm Bitwise Asset Management has agreed to acquire institutional-grade staking service provider Chorus One, although the specific amount was not disclosed. Chorus One manages approximately $2.2 billion in staked assets, and both parties believe staking is a significant opportunity for growth in crypto assets. The scale of mergers and acquisitions in the crypto industry is expected to rise significantly by 2025, indicating a clear trend of industry consolidation.

As of February 4th, there are approximately 135 Ethereum Layer 2 networks in the market, with 109 of them having fewer than 1 user operation (UOPS). The UOPS on the Ethereum mainnet is 29.94. Some major Layer 2 networks such as Base, Polygon, and Arbitrum perform relatively well in terms of UOPS, while many other networks face issues with low user activity.

xAI is hiring remote cryptocurrency finance experts, with an hourly rate of $45 to $100. Candidates must solve complex issues related to quantitative strategies and have relevant master's or doctoral degrees or professional experience. Excellent English communication and analytical skills are required.

According to BlockBeats, Hyperliquid early contributor Loracledes opened 20x leveraged BTC and ETH short positions today with a scale of 56 million, currently experiencing unrealized losses. He also holds long positions in HYPE, PAXG, and other assets, with the overall account position size increasing to $110 million, possibly as a hedging strategy.

Odaily Planet Daily reports that DogeDesigner posted that X has added a small rocket like animation for likes, possibly in response to the progress of SpaceX and xAI merger.

Gate News bot message, CLAWSTR has launched Alpha