Gate Cryptocurrency News and Market Analysis

Prediction markets recorded more than $50 billion in monthly trading volume for the first time in June, driven by betting activity surrounding the 2026 FIFA World Cup, according to a Macquarie research note citing blockchain analytics firm Artemis data. The surge was led by Kalshi, which processed a

Google is celebrating the 25th anniversary of its image search feature by refreshing the search experience with AI-curated image galleries. The company launched the first version of image search in July 2001, a quarter century after engineers recognized users wanted to see images rather than read

U.S. Senator Cynthia Lummis (R-WY) announced on July 14 that lawmakers will release the CLARITY Act bill text within days after nearly 10 months of negotiations. The legislation seeks to establish a federal regulatory framework for digital asset markets while strengthening consumer protections and a

Jim Cramer's CNBC Investing Club discussed multiple stock moves during its Tuesday Morning Meeting after stocks rose following a cooler-than-expected June consumer inflation report. IBM shares plunged roughly 26% on the session after the company preannounced a weaker quarter due to software

Publicly traded bitcoin miners CleanSpark, BitFuFu and Canaan reported lower bitcoin production in June compared with the prior month. CleanSpark mined 614 bitcoins during June, down from 671 in May, while BitFuFu produced 125 bitcoins compared with 177 the previous month and Canaan mined 64 bitcoin

US President Donald Trump redirected a significant portion of his cryptocurrency earnings into traditional financial assets throughout 2025, according to financial disclosure documents submitted to the Office of Government Ethics (OGE). Trump generated over $1.4 billion in revenue in 2025 from crypt

The KOSPI index experienced extreme intraday volatility on the 14th, plunging 5.26% before rebounding 2.54% to close 0.73% higher at 6,856.83. The intraday high-low spread reached 531.06 points. Goldman Sachs attributed the volatility to forced deleveraging of single-stock leveraged ETFs, while

Paramount still plans to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a lawsuit filed by state attorneys general, lead trial counsel Jeffrey Kessler told CNBC on Tuesday. The company aims to close as early as July 22 when it expects to have all

The S&P 500 fell 0.79% to 7,515.34 Monday after President Trump reinstated a naval blockade of Iranian ports, triggering a broad selloff across stocks, bonds, crypto, and metals. Tuesday's June CPI report reversed

Benchmark Equity Research raised its price target for Hut 8 Corp. (HUT) to $165 from $85, citing the commercialization of the company's Beacon Point AI data center campus and $16.8 billion in contracted value across two AI infrastructure leases. Hut 8 shares were trading around $97 on Tuesday,

The US dollar fell sharply on this day morning as June inflation data came in significantly below market expectations, triggering a decline in Treasury yields. At 8:47 a.m. Eastern Time, the dollar index (DXY) stood at 100.617, down 0.662 points (0.654%) from the previous close of 101.279,

New York became the first state to impose a data center construction moratorium after Democratic Governor Kathy Hochul announced a one-year pause on Tuesday. The state-wide ban applies to facilities using 50 megawatts or more and will remain until New York establishes consistent standards for

An attacker exploited an exposed recovery phrase tied to a Robinhood co-founder's self-custody wallet to pump a memecoin called '$1' from a $500,000 market cap to $14 million in approximately two hours on July 13, according to Michael, Chief Business Officer of TokenPocket wallet. The mnemonic phras

Primary dealers have taken a net short position of approximately $4 billion in corporate bonds this year, the first time since 1998 that dealers have sold more credit exposure than they hold. Analytics service Bull Theory reported the shift represents a significant departure from the roughly $16 bil

Federal Reserve Governor Christopher Waller warned on July 13 that the Federal Open Market Committee may need to tighten monetary policy in the near term if the June Consumer Price Index, scheduled for release on July 15, shows another hot reading on core

Kraken launched a Mastercard debit card in the UK and Europe, allowing users to spend directly from cryptocurrency and cash balances at merchants where Mastercard is accepted. The product extends Kraken beyond trading and custody into daily payments, enabling customers to pay from more than 600

Velocity, a stablecoin treasury and settlement platform founded in 2025, raised $38 million in a Series A funding round led by Dragonfly and FirstMark, according to an announcement on Tuesday. The round included participation from Activant Capital, Capital One

Tether led a $7 million Series A investment in Pact Labs, according to a statement from Tuesday, with the goal of driving adoption of USAT, its stablecoin designed specifically for the U.S. market. Blockchange Ventures and Lasagna also participated in the funding round. The investment focuses on

Sean Farrell, Head of Digital Asset Strategy at research firm Fundstrat, stated that a Bitcoin price drop to the $48,000-$50,000 range would create a significant buying opportunity for long-term investors. Farrell argued the current risk-reward ratio of crypto assets has become more attractive

Emirates NBD launched real-time blockchain-based U.S. dollar payments through Partior, becoming the first MENAT bank to deploy this technology. The rollout follows the successful completion of a live U.S. dollar transaction in which J.P. Morgan served as both the settlement and beneficiary bank. The