Gate News bot message, Gate market display: GT has increased by 3.02% in the past 24 hours, current price is 6.81 USDT.

> **Original Title:** The Bear Case for Bittensor (TAO) > **Original Source:** Pine Analytics > **Original Compiled by:** Saoirse, Foresight News TAO is currently priced at approximately $275, with a market cap of $2.6 billion and a fully diluted valuation of $5.8 billion. The project has received institutional endorsement from Grayscale (submitted an NYSE ETF listing application in December 2025) and public recognition from NVIDIA CEO Jensen Huang. Additionally, the token supply narrative is highly compelling: a hard cap of 21 million tokens with a Bitcoin-style halving mechanism. Following the first halving in December 2025, daily issuance will decrease from 7,200 tokens to 3,600 tokens. The number of subnets increased from 32 to 128 within one year.

> Original Title: "Trump, the World's Largest Oil Trader" > Original Author: David, Deep Tide TechFlow How much can a single post be worth? At 7:05 AM ET on March 23, Trump posted an all-caps message on Truth Social, essentially stating: The U.S. and Iran had conducted "very good, productive dialogue" over the past two days, and he has ordered a five-day pause on strikes against Iranian power plants and energy facilities. When this post was published, U.S. stocks hadn't opened yet. But the futures market operates in real-time. Within minutes, Dow Jones futures surged over 1,000 points, and S&P 500 futures rose 2.7%. Brent crude oil plummeted from $113 per barrel directly to $98, a drop of over 13%.

> **Original Title:** How L1 and L2s can build the strongest possible Ethereum > **Original Authors:** Josh Rudolf, Julian Ma, Josh Stark, Ethereum Foundation > **Original Compilation:** Chopper, Foresight News The ultimate goal of the Ethereum Foundation's Platform team is to drive Ethereum's scaling as a unified coordinated system, ensuring all users can use it with confidence. This article aims to share our perspective on the relationship between L1 and L2, elucidate the role of each layer, and how we (as an ecosystem) can leverage the strengths of L1 and L2 to build the most attractive platform for all users.

Gate News bot message, Gate market data shows GT has increased by 3.03% in the past 24 hours, current price is 6.8 USDT.

Gate released a reserve report on March 23, showing that as of March 16, 2026, the total reserve ratio reached 122%. BTC reserve ratio is 147%, ETH surplus reserve is 22.75%, USDT surplus is 1.79%, and GUSD is as high as 196.50%. Both GT and XRP reserve ratios exceed 100%.

2026-03-20 21:15 to 21:30 (UTC), BTC recorded +0.52% return in 15 minutes, with a price range of 70124.0 to 70586.6 USDT, and amplitude of 0.66%. This round of volatility occurred against a backdrop of increased market attention and heightened fluctuations, with both on-chain and market participants showing highly active behavior. The main driver of this volatility was whale funds (entities holding >=1,000 BTC) making a net inflow of 4,091.39 BTC to exchanges within 24 hours, data significantly exceeding the average for the same period. Concentrated net inflows

Gate News bot message, displaying Gate market data: GT has increased by 3.22% in the past 24 hours, now priced at 7.37 USDT.

Gate News bot message, according to the official Gate announcement on March 12, 2026 Gate launches the GUSD Minting New User Limited-Time Reward Phase 8. New users who mint GUSD using USDT/USDC can earn annualized returns of up to 100%. The event runs from 16:00 on March 12, 2026, to 16:00 on March 26, 2026 (UTC+8). Users can mint daily, receiving GUSD at a 1:1 exchange rate, with earnings starting to accrue from the day after purchase. GUSD is a flexible principal-protected financial product launched by Gate. Its returns come from Gate's ecosystem revenue, government bond RWA, and high-quality yield assets supported by stablecoins. Users can redeem GUSD at any time, exchanging it back to USDT/USDC at a 1:1 ratio. Additionally, GUSD involved in other platform financial products (such as Launchpool and Launchpad) can earn corresponding product yields, GUSD minting rewards, and activity bonuses during the investment period. The platform also introduces a reference comprehensive annualized calculation mechanism. The comprehensive annualized rate consists of a reference annualized rate plus additional rewards, with the extra rewards distributed daily in GT tokens. The annualized yield rate is dynamically adjusted based on Gate's ecosystem income, government bond RWA, and stablecoin-related asset returns.