Announcements Gate Research: Bitcoin Mining Costs Continue to Rise | Launchpool Opens LIVE Token Sale

Gate Research: Bitcoin Mining Costs Continue to Rise | Launchpool Opens LIVE Token Sale

2025-08-29 08:27:26 UTC 22461 Read

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* Market Commentary: On August 29 , BTC rebounded slightly after a period of decline, while ETH showed a “rise first, then retreat” pattern within 24 hours.
* Trending Tokens: Boosted by the positive news of cooperation between the U.S. Department of Commerce, Chainlink, and Pyth Network, PYTH surged over 83%; W rose 36.74%, driven by market sentiment and the bidding narrative surrounding the StarGate acquisition event.
* Alpha Insights: Finastra partners with Circle to integrate USDC into its $5T global cross-border payments network.Bitcoin mining costs continue to rise, prompting miners to seek diversification strategies.Crypto firm Luxxfolio plans to raise $73M, shifting toward a Litecoin reserve strategy.
* Gate Launchpool: Gate currently offers subscription for SecondLive (LIVE). Users can stake USDT or LIVE to claim a share of 200,000 LIVE airdrop for free, available until September 4, 2025, 10:00 (UTC). SecondLive is the first AI-powered, self-evolving digital universe, integrating AI agents, AIGC tools, and blockchain technology to empower users, brands, and developers in creating immersive spaces and virtual avatars.

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Gate Research: Bitcoin Mining Costs Continue to Rise | Launchpool Opens LIVE Token Sale

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