Gate Cryptocurrency News and Market Analysis

Strategy and Strive purchased a combined 935 Bitcoin between 26 October and 1 November, with Strategy acquiring 811 BTC for US$65.5 million and Strive buying 124 BTC for approximately US$10 million. The purchases reflect continued corporate treasury accumulation strategies, with Strategy now

Hyperliquid founder Jeff Yan outlined the decentralized derivatives exchange's strategy for entering the US market in a November 3 interview with Bloomberg in Washington. Yan said Hyperliquid is pursuing a framework under which individual businesses using its platform would comply with local

Lee Chan-jin, Governor of South Korea's Financial Supervisory Service (FSS), announced on the 3rd that the regulator will hold CEOs and senior management strictly accountable for hacking incidents caused by inadequate IT controls or superficial internal inspections. The announcement came during an e

Apollo Global Management projects the Federal Reserve would need to raise interest rates to 6.75% by the end of 2027 to achieve its 2% inflation target, according to analysis released on the 2nd (local time). The projection is based on a macroeconomic model analyzing historical correlations

NEAR Protocol reported over $37 billion in all-time volume for its Intents feature as of November 3. The blockchain platform announced the milestone alongside metrics showing over 37 million total swaps and $145 million in Total Value Locked (TVL) within Confidential Intents. The achievement

TRON DAO announced that the TRON blockchain has processed more than 16 billion cumulative transactions, with the network currently averaging approximately 11.56 million transactions per day according to blockchain analytics platform Lookonchain. The milestone coincides with TRON strengthening its

The Bank of Korea stated on Nov. 3 that November consumer inflation will remain in the upper 2% range, reflecting elevated core inflation pressures. Lee Ji-ho, senior deputy governor at the BOK, made the assessment while chairing a price conditions review meeting at the central bank earlier in the d

Palantir Technologies delivered stronger-than-expected third-quarter earnings on Monday, but its stock declined in after-hours trading as investors weighed slowing commercial contract growth against the company's soaring artificial intelligence

Pacific Meta Inc., a Tokyo-based Web3 company, adopted the Cardano blockchain on November 2 as part of its efforts to expand blockchain applications for digital enterprises in Japan. The adoption positions Cardano as an additional blockchain infrastructure option for Japanese businesses seeking to d

US spot Ether exchange-traded funds recorded total net outflows of $139.7 million on Nov. 2, according to Farside Investors data released Nov. 3. The withdrawals marked a sixth consecutive trading day of net outflows from the products. BlackRock's iShares Ethereum Trust led the exits with $138.3 mil

Bitcoin’s greatest impact on the digital asset market may not lie in the value of the asset itself, but in the broader technological, financial, and cultural effects it has set in motion. Bitcoin is gradually establishing a place in the international financial system, becoming an investment channel alongside traditional assets. Some major banks, such as JPMorgan in the U.S., have even started allowing clients to use Bitcoin as collateral for loans. The development of Bitcoin and the crypto asset

Pendle announced a collaboration with AssetoFinance to publish a joint case study on NGI+. NGI+ represents tokenized exposure to Partners Group's $2.1 billion assets under management (AUM) Next Generation Infrastructure fund. The initiative examines how tokenized funds integrate into the

On November 3, Pi Network (PI) was trading at $0.0773, down 15.8% in October, with its price below key daily exponential moving averages. CoinGape analysts identify four catalysts facing PI in November: the US midterm elections, geopolitical risks, Pi Network upgrades, and its inaugural ecosystem summit, scheduled for November 17-19. PI fell 15.8% in October and traded below all key daily EMAs According to TradingView data, PI was trading at $0.0773 at the time of writing, down 15.8% in October.

Bitcoin fell below $77,000 on Nov. 3 as a rout in US technology stocks and caution ahead of midterm elections weighed on risk assets. The cryptocurrency dropped about 2% in morning trading in Asia, slipping beneath the roughly $77,600 level reached on Nov. 1 and giving back all of the previous day's

Shares related to TSMC have drawn market attention following a major acquisition: According to the Commercial Times, TSMC announced last week that it would acquire AUO’s (2409) Central Taiwan Science Park plant and related facilities for NT$38.8 billion. The plant has a floor area of about 166,000 ping (approximately 548,800 square meters), and AUO estimates that it can recognize a disposal gain of about NT$18.5 billion. Combined with TSMC’s 2024 acquisition of Innolux’s (3481) Southern Taiwan S

The Ethereum Foundation is collaborating with humanitarian organizations to build an aid coordination network using decentralized identity and private payment rails on the Ethereum blockchain. The initiative aims to improve aid delivery efficiency and enhance transparency in humanitarian efforts. Th

Twelve U.S. spot Bitcoin exchange-traded funds recorded $398.6 million in net outflows on Nov. 2, according to Farside Investors data. The outflows marked a second consecutive trading day of negative net flows for the products. BlackRock's iShares Bitcoin Trust led the exodus with $405.3 million in

South Korea's Ministry of Finance and Economy allocated 2 trillion won in 30-year government bonds at a yield of 4.070% on November 3, with Seoul bond market participants characterizing the auction as strong. The bid-to-cover ratio reached 196.8% as total bids amounted to 3.936 trillion won,

Korea Deposit Insurance Corporation (KDIC) President Kim Sung-sik launched the Financial Contract Holder Protection Committee on the morning of November 3, stating the organization will continuously reflect financial contract holder