Gate Insights and Crypto Market Analysis

Polymarket submitted an application for a futures commission merchant license on July 3 through Coming Home GBA LLC, according to Bloomberg. The license would enable the prediction market operator to offer margin

Bitcoin and Ether ETFs recorded net outflows on Thursday, ending recent inflow streaks. Bitcoin ETFs lost $95.30 million led by exits from Fidelity's FBTC and Ark & 21Shares' ARKB, while Ether ETFs shed $52.08 million after

Circle, the issuer of USDC stablecoin, received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a federal deposit bank called Circle National Trust. This development follows conditional approval the company received approximately seven months ago and

Microsoft Corp. (MSFT) shares gained attention on Friday after Argus analyst Joseph Bonner updated his outlook on the software giant, maintaining a 'Buy' rating while reducing the price target to $510 from $620, according to TheFly. The revised target implies a nearly 32% upside potential from

HSBC Global Investment Research projects U.S. corporate earnings per share (EPS) growth in the second quarter will mark the strongest trajectory since the post-pandemic boom. The investment firm attributes this momentum to concentrated strength within mega-cap companies rather than broad market

Xbox CEO Asha Sharma joined a Federal Reserve task force examining artificial intelligence's impact on jobs and productivity on Thursday, days after announcing Xbox will cut 3,200 roles through FY27. Sharma will serve on the Fed's Productivity and Jobs task force studying economic impacts of

Goldman Sachs has reportedly banned its employees from trading certain prediction market contracts, according to a CNBC report on July 10. The investment bank prohibited staff from trading contracts related to elections, financial markets, macroeconomic data, and geopolitics, as well as events

New Hampshire officials rejected a proposal to issue up to $100 million in taxable conduit revenue bonds backed by bitcoin on Wednesday, with the Executive Council voting 3-2 against the plan. The rejection came despite the transaction being structured to avoid direct taxpayer exposure, as council m

Euro Pacific Asset Management chief economist Peter Schiff claimed bitcoin's correlation with gold was never real, as BTC trades above $64,000. Schiff cited 2026 year-to-date performance showing gold up 9%, silver up 11%, the Nasdaq up 13%, and the Russell 2,000 up 14%, while bitcoin is down 11%.

Empery Digital sold 1,400 bitcoins for approximately $87.1 million over the past two months at an average price of $62,200 since May 7, according to a Friday filing. The Nasdaq-listed company will use the proceeds to finance its AI infrastructure expansion, repay $10 million in

Ark Invest purchased approximately $13.7 million in Circle Internet Group shares on Thursday, increasing exposure to the USDC stablecoin issuer after its stock declined more than 20% over the past month. The investment firm bought 217,896 Circle shares across three exchange-traded funds—ARKK,

The Cambridge Center for Alternative Finance published research Friday showing that nearly one-third of Ethereum node activity is hosted in the United States, with roughly 39% across the European Union excluding the UK. Alexander Neumuller, research lead at the center, stated that once more than a t

Beta Technologies completed the first test flights in the U.S. government's electric vertical takeoff and landing pilot program on Friday. The Amazon-backed aerospace company transported manufactured organs from United Therapeutics between airports in Maryland and Virginia, totaling

10x Research published a note to investors on Friday connecting Bitcoin, SpaceX, and Starlink as components of a unified physical infrastructure stack. The firm argued that Bitcoin's decentralized network depends on physical constraints including power, heat, connectivity, and jurisdiction, with Spa

Nigeria overtook South Korea as the world's best-performing stock market since the beginning of the year, with Nigerian equities gaining approximately 68% in dollar terms compared to the KOSPI's 66% return, according to analytics platform Global Markets Investor. The shift occurred after the KOSPI f

XRP has re-entered a high-timeframe accumulation zone between $0.70 and $1.10, the same price region that preceded previous rallies exceeding 1,000%, according to market analyst Crypto Patel. The asset is currently trading at $1.10, at the upper boundary of this demand zone, while Binance XRP

Meta shares rallied on Friday, posting a 15% gain for the week, the best weekly performance since early 2024, as investor optimism builds around CEO Mark Zuckerberg's artificial intelligence strategy. The rally followed two major AI announcements this week: the release of Muse Image on Tuesday and M

The European Commission preliminarily found on Thursday that Meta did not adequately assess the risks of addictive design features on Facebook and Instagram, including auto-play, infinite scroll, and highly personalized content recommendations. The investigation indicated these features affected the

Metals Focus warns that gold prices will remain rangebound through the summer despite reclaiming support above $4,100 an ounce, as renewed US-Iran conflict fuels inflation concerns and reinforces Federal Reserve tightening expectations. The commodity research firm attributes the consolidation

SK Hynix listed American Depositary Receipts (ADRs) on the Nasdaq stock market on the 10th (US time), holding an opening bell ceremony at the Nasdaq MarketSite in Times Square, New York. Chairman Choi Tae-won of SK Group, along with key executives including CEO Kwak Noh-jung, attended the event mark