Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Strategy's STRC Preferred Stock Drops to $82.53 Amid Leverage Flush

Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) traded sharply below its $100 reference point during recent market stress, hitting an intraday low of $82.53 on June 18 before closing at $88.59. Strive CEO Matt Cole described the move as a leverage flush driven by forced
BTC0,63%
LucasBennett·22m fa

UniCreat Appoints CEO's Brother to Advise on Russia Business Sale

UniCredit confirmed that Riccardo Orcel, brother of CEO Andrea Orcel and former deputy CEO of Russian state-backed VTB Group, advised on the Italian bank's planned Russia business sale announced last month. The bank said Riccardo Orcel presented a proposal and was appointed as an independent
CryptoFrontier·1h fa

Adam Back Bets Bitcoin Hits $1M Before 2028 Halving

Adam Back, CEO of Blockstream, has made a standing bet that Bitcoin will reach $1 million before the next halving event in 2028. Back, widely credited as one of the earliest contributors to the cryptographic foundations Bitcoin was built on, stated in an interview with Cointelegraph that the move
BTC0,63%
DanielCarter·1h fa

Fed Rate Hike Signal Pressures Gold to $4,230 After Weekly Gains Erased

Gold prices faced renewed pressure late Wednesday after the Federal Reserve's updated economic projections showed support for a potential rate hike by the end of the year, erasing nearly all gains from the start of the shortened trading week. The central bank's outlook dramatically shifted from
LucasBennett·3h fa