Gate Cryptocurrency News and Market Analysis

An unidentified bitcoin wallet sold 7,513 BTC worth approximately $486.9 million over three weeks, with the latest tranche of 1,019 BTC ($66.4 million) moving seven hours before onchain analytics firm Lookonchain flagged the transaction. Separately, Strategy sold 1,638 BTC for roughly $104.7 million

Television Broadcasts Limited (TVB) (00511) and Gaw Capital affiliate Triton Square Limited signed a framework agreement to establish a joint venture providing advanced AI-related computing power services in Hong Kong, with TVB holding 51% and Gaw Capital holding 49% of ordinary voting shares. The j

Hedge funds flipped net long on Bitcoin futures traded on the Chicago Mercantile Exchange for the first time in years, according to data from CryptoQuant. The shift marks a departure from the basis trade strategy that kept these leveraged funds structurally net short for years. However, two market i

Morgan Stanley released a report titled 'Memory: A Small Wrinkle' maintaining positive outlooks on memory semiconductor stocks SK Hynix and Samsung Electronics despite recent share price declines. The investment bank kept SK Hynix's target price

Semiconductor equipment stocks rallied on the 10th day as SK Hynix finalized investment plans for new DRAM and NAND production facilities. Jusung Engineering closed 13.30% higher at 148,800 won, while LINO Industrial gained 7.61%, Wonik IPS rose 11.44%, EOTechnics climbed 10.02%, and PSK

AbCellera awaits Phase 2 clinical data for ABCL635, its experimental non-hormonal menopause treatment, as the biotech company approaches a major clinical catalyst. The stock traded more than 11% higher in pre-market, extending a rally that saw gains in nine of the past 10 sessions and added

Boeing is selling three of its subsidiaries to Archer Aviation in exchange for an undisclosed stake in the electric vertical take-off and landing aircraft startup. The transaction transfers Wisk Aero, SkyGrid, and Insitu to Archer as Boeing increases its focus on core operations. Boeing vice

The Australian Transaction Reports and Analysis Centre (AUSTRAC) suspended crypto ATM operator Cryptolink's registration for 3 months starting Sunday, August 9, forcing its 96 cryptocurrency ATMs across Australia offline. AUSTRAC CEO Brendan Thomas cited the company's failure to meet basic

Korean construction stocks surged 17.42% during the week from the 3rd to the 7th, moving opposite to the broader KOSPI index which fell 5.10% over the same period. The rally was driven by emerging momentum in AI data center projects and US power plant opportunities, alongside

Bitcoin active addresses dropped to 545,233 on August 9, 2026, according to CryptoQuant data analyzed by Finbold, marking the lowest level since 2018. The decline occurs more than ten months into a prolonged downturn for the asset, raising questions about network activity trends. This reading

The Australian Treasurer strengthened scrutiny today of Chinese-linked investors involved in critical mineral projects after shareholders refused to comply with Canberra's divestment order, hindering rare earth developer Northern Minerals' access to US funding. The government action targets investor

Grayscale withdrew Form RW filings for three altcoin ETFs on Aug. 7 between 4:33 and 4:36 p.m. ET according to SEC filings. The asset manager pulled registration statements for its Cardano Trust ETF, Hedera Trust ETF, and Polkadot Trust ETF within a 190-second window. Each filing stated that Graysca

Meta Platforms Inc. CEO Mark Zuckerberg on Monday announced the company's AI philosophy advocating for distributed superintelligence and released Muse Glimmer, a 30-billion-parameter open-weight model. Zuckerberg argued that concentrated AI power is dangerous and stated there is "no such thing as a

Amazon, Alphabet, Microsoft and Meta reported varying cloud computing profit margins in the second quarter as they continue massive AI data center investments. Amazon Web Services saw operating margins rise 6.5 percentage points to 39%, while Alphabet's Google Cloud division jumped to 35.6%

Shein faces significant business challenges as its growth has stalled in the US and Europe following tariff changes and the closure of trade law loopholes, according to documents released in connection with its upcoming Hong Kong initial public offering. Since May 2025, the discount retailer began r

OpenAI halted some internal activities involving its unreleased Astra model on Friday amid concerns it may have reached Critical cybersecurity capability, meaning it could autonomously launch cyberattacks against sophisticated defenses. The company disclosed it cannot rule out the model has