Topics of Crypto World

In Q3 2025, the NFT market posted $1.58 billion in trading volume across 18.1 million sales transactions. With speculative activity waning and infrastructure development surging, utility-driven assets have emerged as the primary growth engine. From low-cost minting to sports and ticketing solutions, and platforms mandating royalties, NFTs are transitioning from a collectibles-based economy to a utility-driven one, marking the start of a new era of practical applications.

As speculative sentiment declines in 2025, a distinct group of winners remains in the crypto market. Rather than trading coins or chasing market trends, these individuals consistently earn stable returns through arbitrage. This article, based on in-depth interviews with four arbitrage professionals, reveals the evolution of their strategies: from manual trading-based arbitrage to high-frequency quantitative trading, and from airdrop harvesting to cross-chain arbitrage. Their experiences demonstrate a more measured and pragmatic approach to achieving sustained success in the cryptocurrency industry.

The article notes that while the x402 protocol is currently gaining significant adoption, the ERC-8004 standard—its complement and potentially more impactful counterpart—is emerging. It analyzes the relationship between the two protocols: x402 addresses payment challenges for AI Agents, while ERC-8004 focuses on Agent identity, reputation, and verification. The article indicates that ERC-8004 may represent a foundational infrastructure opportunity for the next phase of the Agent Economy.

Over the course of a ten-day AI trading model competition, six leading models—DeepSeek, Qwen3, Claude, Grok, Gemini, and GPT5—engaged in a head-to-head contest using identical sets of technical data inputs, yielding markedly different results. This article provides a comprehensive analysis of each model’s trading behavior, activity frequency, win rate, profit-to-loss ratio, and holding period. The results highlight that strategies emphasizing low trade frequency, trend following, strict stop-loss controls, and high profit-to-loss ratios tend to be more profitable. Conversely, approaches characterized by high-frequency trading, low profit-to-loss ratios, and loose stop-loss rules are more susceptible to losses. The article further posits that AI is transitioning from a “research tool” to an active “live trading agent,” with its decision-making frameworks offering valuable lessons for human traders.

This article provides an in-depth analysis of how stablecoin systems are quietly becoming "narrow banks" within the financial landscape. Stablecoins absorb substantial fiat-pegged assets backed by U.S. Treasury bonds, and in doing so, they siphon capital from the traditional banking sector. The author describes this as a "liquidity black hole," emphasizing that the rapid growth of stablecoins could undermine banks’ credit creation processes and disrupt monetary policy transmission. This development introduces novel systemic risks that are transnational and blockchain-based, moving beyond conventional finance.

The article highlights the increasing volume of Ethereum staking and offers an in-depth analysis of client adoption across execution and consensus layer nodes, along with insights into node geographic distribution and cloud service utilization.

This article systematically reviews the current development of Web3 prediction markets. It provides an in-depth analysis of the technical architecture, business models, market dynamics, and compliance challenges of top platforms. As financial instruments leveraging collective intelligence to predict future events, prediction markets have experienced exponential growth in 2024 and 2025.

The article offers an in-depth analysis of Polymarket's technology and market performance, while also examining its potential for practical use cases including hedging, arbitrage, and liquidity provision.

This report highlights that as of August 2025, the global stablecoin market capitalization has reached $280 billion, with annual on-chain settlement volumes surpassing $30 trillion. Stablecoins are evolving from mere crypto trading instruments into global financial infrastructure. This explosive growth is driven by regulatory implementation and the entry of major enterprises. The enactment of the GENIUS Act, the Stablecoin Bill, and the MiCA Regulation mark the beginning of a “compliance grand era” for stablecoins. Their model has advanced into a “Peg + Yield + Application” triad, expanding across payments, yield generation, and real-world applications. At the same time, competition has shifted from “token battles” to “infrastructure battles,” with players such as Tether, Circle, Stripe, and Alchemy Pay building proprietary blockchains to capture dominance in payments and settlements.

This article reviews the evolution of Crypto Private Wealth Management (Crypto PWM), highlighting its shift from traditional “human + bank” relationship models to an open digital ecosystem. With the growth of global high-net-worth individuals (HNWIs) and the maturing crypto market, Crypto PWM is entering a new stage of institutionalization and regulation.

The article provides technical details and market performance of Boros. It also examines its potential in real-world applications such as hedging, arbitrage, and liquidity provision.

Gate Research Daily Report: Over the past week, bitcoin has traded between $107,500 and $116,388, moving between the 100-day and 200-day moving averages, with its consolidation phase expected to continue. Ethereum has fallen below the MA5, MA10, and MA30, trading at the lower Bollinger Band, showing clear short-term pressure. RZTO surged 231.55%, driven primarily by exchange listings and social media buzz. On October 30, Sapien announced the completion of a $10.5 million seed round, boosting SAPIEN by 19.84%. Mastercard plans to acquire crypto infrastructure company Zerohash for $2 billion. The pace of interest rate cuts may slow, with traders lowering bets on a December rate reduction.

Gate Research Weekly Report: Over the past week, bitcoin has traded between $107,500 and $116,388, moving between its 100-day and 200-day moving averages, suggesting an extended consolidation phase. Mastercard plans to acquire crypto infrastructure company Zerohash for $2 billion. The Grayscale Solana spot ETF has launched, boosting market demand for Solana exposure products. Interest rate cuts are expected to slow, with traders lowering bets on a December cut. Aave Horizon’s RWA market has surpassed $425 million. Bitwise’s Solana ETF saw a second-day trading volume exceeding $72 million. KALSHI’s monthly trading volume reached a record high of over $4 billion.

Gate Pay's country code functionality enables intelligent country identification and automatic settlement. Users can make seamless single-tap QR code payments, with real-time on-chain settlement and exceptionally low transaction fees.

Gate, a global leading digital asset exchange, announced that its crypto payment service Gate Pay has officially launched a new National QR Code Payment feature. The rollout begins with Vietnam and Brazil, enabling users to make seamless crypto payments at over 17 million merchants that support the respective native QR systems in the two countries. This milestone marks a significant step in Gate Pay's global expansion and localization strategy.