Gate Cryptocurrency News and Market Analysis

NVIDIA CEO Jensen Huang defended the company's funding role in the AI industry during a CNBC interview on May 26 (local time), directly rebutting criticism that financial support for other AI companies artificially inflates NVIDIA's revenue. The interview took place immediately after NVIDIA

Blockchain data analytics firm Chainalysis released its “Cryptocurrency Tax Report” on Aug. 27, estimating that the total volume of taxable on-chain crypto activity worldwide reached at least $457 billion in 2025, with the United States accounting for the largest share among individual countries at approximately $112.6 billion. The report also noted that the Crypto-Asset Reporting Framework (CARF), developed by the OECD, covers only about 14% of this activity. Global Taxable On-Chain Activity: A

Tesla raised prices for two trims of its angular electric pickup truck Cybertruck by $5,000 each on May 26 (local time), according to Business Insider. Industry experts view the price adjustment as a strategy to offset rising raw material costs and defend profit margins rather than boost sales

Singapore-based activist fund Flashlight Capital proposed acquiring a 20.6% stake in S1 Corporation from five Samsung affiliates for 906.6 billion won, offering 116,000 won per share—a 45% premium over the current stock price and exceeding S1's all-time high of 115,000 won recorded in July 2016.

According to a post published by on-chain data firm Arkham on August 26, a trader using the pseudonym “watershedpath” holds the largest-ever on-chain long position in Hyperliquid’s native token, HYPE, worth approximately $111 million, with unrealized profits of approximately $58 million. The position has been open for nearly a year. Rather than closing the position, the trader chose to withdraw $18.5 million in margin. Key Data Points on “watershedpath”’s Position Revealed by Arkham (Source: Ark

The Core Lightning (CLN) development team disclosed multiple critical vulnerabilities in its Lightning Network software on Wednesday, urging node operators to take their systems offline immediately. The bugs were discovered with assistance from artificial intelligence, according to reports, and as o

Brazil’s federal government filed a civil class-action lawsuit seeking collective moral damages against Discord on Aug. 26, seeking 500 million reais (approximately $97 million) and accusing Discord of failing to comply with laws protecting children and women. The previous day, Brazil’s National Data Protection Authority fined TikTok 153.7 million reais (approximately $30 million) for violations involving the processing of children’s data. Discord Lawsuit: $97 Million in Damages Sought Attorney

SK Innovation's planned absorption merger with battery separator subsidiary SKIET is expected to have limited impact on the company's AA credit rating with a stable outlook, according to three major credit rating agencies. Korea Ratings, Korea Corporate Ratings, and NICE Credit Rating cite SK Innova

Financial disclosure documents made public by the U.S. House of Representatives on August 24 show that Paul Pelosi, the husband of former House Speaker Nancy Pelosi, completed two common stock purchases and purchased 200 call option contracts on Bloom Energy (NYSE: BE) in July 2026. He also increased his holdings of Intel stock. Paul Pelosi’s Two July Bloom Energy Stock Purchases and Call Options According to financial disclosure documents made public by the U.S. House of Representatives on Augu

GS E&C received upgraded target prices from multiple Korean securities firms on 26일, driven by the advancing construction timeline of GS Group's Donghae AI Data Center (AIDC) project. Hanwha Investment & Securities raised its target price from 41,000 won to 50,000 won, while Daishin Securities

On August 27, XRP was trading at approximately $1.41, and Ripple’s regular monthly unlock of 1 billion escrowed XRP tokens is scheduled for September 1. The U.S. Senate is expected to hold a cloture vote on the CLARITY Act on September 15. According to relevant analysis, if the bill passes, it could provide a clearer regulatory basis for Ripple to release additional XRP from escrow. September 1 Unlock Schedule: Ripple to Unlock 1 Billion XRP Monthly Ripple’s monthly release of 1 billion XRP from

The survey commissioned by OKX and conducted by Pollfish was released in August 2026. It randomly surveyed 500 U.S. college students and 500 parents through third-party mobile apps. The results showed that 90% of college students and 87% of parents support schools offering cryptocurrency and blockchain education. In addition, 33% of students cited social media or influencers as their primary source of cryptocurrency information—nearly five times the proportion who relied on school faculty and st

Shinhan Financial Group announced on August 26 that it would partner with Visa to integrate with Visa’s enterprise stablecoin platform, testing the full process of stablecoin issuance, transfers, and redemption, while jointly developing Korea-specific financial business models and AI-driven payment models. Shinhan is the first of South Korea’s five largest financial groups to integrate with Visa’s enterprise stablecoin infrastructure. Partnership Details: Integration with Visa’s Enterprise Stabl

Hotel Shilla, Hotel Lotte, and Parnas Hotel reported a structural shift in profit contributions during the first half, with hotel operations delivering disproportionately high operating margins relative to revenue share. Hotel Shilla's Hotel & Leisure segment generated 41.7% of combined operating pr

The Federal Reserve confronts persistent inflation pressures following July PCE data released on the 26th local time. Core Personal Consumption Expenditures inflation held at 3.3% year-over-year, unchanged from June and significantly above the Fed's 2% target. Market economists assessed the data as

Bitcoin (BTC) remains range-bound, trading at around $78,690 as of August 27. The U.S. Securities and Exchange Commission (SEC) submitted a proposal to the White House recommending reforms to cryptocurrency custody rules for investment companies. The AI computing-power chain Flop Network, led by Arthur Hayes, released a draft tokenomics plan that will distribute 3.5 billion genesis airdrop tokens and launch its testnet in Q4. Macro Events & Crypto Highlights CoinGape reported that the U.S. Secur

NVIDIA is in discussions to acquire Hugging Face, a popular AI platform for open-source model sharing and development, according to sources cited by Business Insider on May 26 local time. The negotiations in recent weeks have valued Hugging Face at over $13 billion. The two parties have not

Huons Global Korean stocks surged to the daily upper limit on May 27 after Huons Group canceled a controversial merger between Huons and its unlisted subsidiary Huons Lab. The stock rose 29.83% to 30,900 won following the merger cancellation announcement on May 26. Minority shareholder platform

The USD-KRW exchange rate traded around the 1,380 won level on the 27th as markets awaited the Bank of Korea's Monetary Policy Committee decision. Market participants focused on whether the central bank would raise its base rate by 25 basis points to 3.00% or hold rates steady, with expectations