Gate Cryptocurrency News and Market Analysis

South Korea's National Tax Service Commissioner Lim Gwang-hyeon stated on October 13 that tracking peer-to-peer virtual asset wallet transactions remains a technical limitation, calling it a 'problem time must solve.' Lim made the remarks during a parliamentary audit at the Sejong Government

Bitcoin miners face a funding squeeze as AI expansion costs hit $50 billion, BlocksBridge Consulting reported on October 12. Miners require billions in additional capital for graphics processing units, data center construction, and power equipment even after securing contracts with large

The Korea Financial Intelligence Unit (FIU) announced on October 13 that the Korea Communications Standards Commission had decided to block the websites of 27 unregistered virtual asset service providers in South Korea, including KuCoin, MEXC, BingX, Phemex, and BitMart. The decision was based on two rounds of deliberations held on October 6 and 7. Enforcement will expand from the previous restrictions on app stores to the providers’ websites. 10 Named Platforms Blocked Through Two Enforcement M

Meta launched two artificial intelligence models, Muse Wonder and Muse Wonder Full, on Monday, calling them its most capable models to date and a step toward 'personal superintelligence.' The models introduce capabilities Meta calls Active Memory, which carries relevant information across

Meta AI Research announced on October 12 that Meta had launched its flagship model series, Muse Wonder and Muse Wonder Full, positioning them as the company's most powerful AI models to date. In benchmark results, Muse Wonder Full scored approximately 56 points, while Claude Opus 5.5 scored approximately 58 points. Core Technology: Active Memory Retains User Information Across Conversations According to Meta's official announcement, the Muse Wonder series' core competitive strengths stem from tw

The Financial Accounting Standards Board (FASB) proposed amendments to accounting standards in August. If ultimately approved, eligible stablecoins may be classified as “cash equivalents” on corporate balance sheets rather than “intangible assets” or “other assets.” The public comment period ends on November 19. Tempo, a blockchain research firm affiliated with Stripe, reported that the core eligibility requirement is that a company must have a “direct redemption right” with the stablecoin issue

Bitcoin life insurer Meanwhile announced the completion of a new $37.5 million funding round led by Bain Capital Crypto. Financially, as of the end of 2025, Meanwhile’s audited total assets reached 1,183 BTC, representing growth of more than five times from the previous year. Funding Details: $37.5 Million Led by Bain Capital Crypto According to Meanwhile’s announcement, the $37.5 million funding round was led by Bain Capital Crypto. Participants included existing investors such as Haun Ventures

U.S. supermarket chain Kroger CEO Greg Foran announced on October 12 that the company plans to cut approximately 3,000 corporate positions over the next three years, representing about 37% of its 8,200 total corporate positions. The savings will be reinvested in store employees. The layoff announcement came just 20 days after Kroger unveiled its AI strategy on September 22. Financial Performance Triggers Layoffs: Q2 Same-Store Sales Rose Just 0.2% Kroger’s Q2 2026 financial report showed sales o

Foreign and domestic institutional investors net sold KRW 1.5917 trillion in Korean Treasury bonds (KTBs) on the spot market the day after a holiday, even as the Seoul bond market posted sharp gains. Foreign investors led net sales with KRW 644.7 billion, followed by funds and mutual aid

French supermarkets’ refrigeration controllers were hijacked by hackers overnight. Danish manufacturer Danfoss said the affected systems were two older controllers—the AK-SM800 and AK-SC355—running outdated firmware earlier than version 4. Les Mousquetaires, the parent company of Intermarché, said approximately 150 stores were affected; Carrefour said 80 supermarkets were affected. Attack scale: 150 Intermarché stores and 80 Carrefour supermarkets affected According to statements from the retail

The U.S. Bureau of Labor Statistics (BLS) will release the September Consumer Price Index (CPI) on October 14. According to the latest consensus forecasts from Wall Street investment banks compiled by Walter Bloomberg, headline CPI is expected to accelerate to a monthly increase of 0.58% and a year-over-year increase of approximately 3.64%, driven by rising global energy prices. This will be the last major inflation data release before the Federal Open Market Committee (FOMC) makes its October d

Bitcoin (BTC) weakened further, falling to around $82,050 on October 13. Strategy increased its holdings by 250 BTC, bringing its total holdings to 848,250 BTC. Bitmine added another 12,532 ETH, bringing its total holdings to more than 6.03 million ETH, or nearly 5% of the total supply. Macroeconomic Events & Crypto Highlights According to CoinTelegraph, Strategy purchased 250 bitcoins for $21.5 million last week, marking the second consecutive week in which its Bitcoin holdings have declined. I

CTK surged by 10.99% within five minutes, rising from $0.124 to $0.1374. The source article does not provide a confirmed catalyst for this move. The cryptocurrency is trading in a mixed broader crypto market, where major assets are showing varying momentum. CTK Records 10.99% Five-Minute Price

South Korea's KOSPI Stocks market triggered a sell-side circuit breaker at 09:47:58 on October 13 after the index plunged over 5%, halting program sell orders for five minutes. The circuit breaker activated when the mini KOSPI 200 futures price dropped 51.20 points (5.08%) to 955.02 and sustained th

Tom Lee, co-founder of Fundstrat, warned on October 12 that South Korea's stock market plunge could spread selling pressure to crypto markets. The Kospi fell more than 4% to the 6,050 level as of 10:16 a.m. Korea time on October 13, driven by semiconductor share declines. Lee cited concerns that

The Kospi fell more than 5% on October 13, triggering a sell-side sidecar on South Korea's main stock market at 9:47 a.m. as heavyweight semiconductor stocks slumped. The Korea Exchange temporarily suspended program sell orders after Kospi 200 futures dropped 5.08% to 995.02, sustaining the

US Stock Market News: The U.S. stock market bull market marked its 4th anniversary on October 12 (local time), driven by the artificial intelligence boom and reaching a 6th longest status in history. The S&P 500 index closed at 7,807.20 on this day, having surged 118.3% since October 12, 2022,

Europe maintained its position as the top export destination for Korean cosmetics during the first ten days of October, surpassing North America with $68 million in exports. The region recorded a 155% year-over-year increase and accounted for 23% of total cosmetics exports during the period,