Gate Cryptocurrency News and Market Analysis

Bitcoin briefly climbed back above the $83,000 mark on October 13. As of 5:47 a.m. on October 13, Bitcoin was trading at $83,096.01 on Binance's Tether market, down 0.73% from a day earlier. FAQ What price did Bitcoin reach on October 13? Bitcoin briefly climbed above $83,000 on October 13, trad

Venture capitalist Chamath Palihapitiya on Monday highlighted power and physical infrastructure as lasting constraints in the AI race, following Microsoft's announcement of its own silicon chips. Palihapitiya wrote on X that silicon companies will move up the stack while application companies move d

IREN stock gave up an early rally on Monday, October 12, after The Information reported that the AI cloud infrastructure provider has an unannounced multiyear agreement with Anthropic, the developer of the Claude AI models. Neither company has publicly

U.S. Vice President JD Vance claimed Microsoft replaced 6,000 laid-off American employees with foreign workers, according to a Cointelegraph report on Oct. 12. The claim centered on Microsoft's layoffs and subsequent foreign hiring practices. However, H-1B visa approval data for foreign skilled work

US Stock Market News shows the Magnificent Seven—Nvidia NVDA, Apple AAPL, Alphabet GOOG, Microsoft MSFT, Amazon AMZN, Meta Platforms META, and Tesla TSLA—have rebounded to lead markets after a shaky start to the year, with strategists debating whether broader market participation will emerge as

ProjectVEXai announced new coding tools designed for token management and trading, giving users control over their assets through token swaps, fund bridging, and perpetual trading directly from their machines. The tools ensure execution follows user permissions while maintaining control of private k

U.S. economic agencies will release the Consumer Price Index (CPI) and Retail Sales reports on October 12 and 13. Binance emphasized the importance of these upcoming indicators, noting they may influence market sentiment and trading strategies. The reports will provide insights into inflation and co

STRAX surged 11.58% to reach $0.01233 within one hour, marking its most significant move in recent weeks. The cryptocurrency recorded a 12.81% gain over the last 24 hours, with trading volume reaching $504,733.37. The price movement reflects increased market activity, drawing attention from both

USDC recorded $40.2 billion in trading volume on decentralized exchanges across weekends in the third quarter, according to crypto commentator Token Terminal. The stablecoin achieved a median trading volume of $1.37 billion per weekend day during this period. This activity occurred when

Intel announced its GPU D-Series AI accelerators at OCP 2026 today, officially naming the Crescent Island chip and disclosing it delivers 1.3 PFLOPS of FP8 compute performance and 1.5 TB/s of memory bandwidth. The air-cooled PCIe products feature a 350W TDP and support up to 480GB of LPDDR5X memory,

In US Stock Market News, with certain market valuation metrics flashing warning signs and high-profile investors calling for a stock market correction, investors may feel uncertain. However, according to Peter Lynch, manager of Fidelity's Magellan Fund, staying invested remains prudent. Lynch

International gold prices declined on October 12 as Middle East tensions escalated, with December gold futures falling 0.61% to $4,190.70 per troy ounce on COMEX as of 1:19 PM US Eastern Time. The decline occurred as dollar strength and rising oil prices created downward pressure on gold. Yemen's

Evernorth Holdings' XRPN stock experienced a volatile Nasdaq debut on Monday, October 12, surging as much as 13.5% above Friday's closing price before surrendering nearly all gains within hours. The reversal followed the company's completed merger with Armada Acquisition Corp. II, bringing one of th

JPMorgan's two tokenized money market funds hold $844 million on Ethereum as of October 11, comprising $741 million in JLTXX and $103 million in MONY. The accumulation reflects growing institutional interest in Ethereum-based financial products. JLTXX launched in May with initial capital of $200 mil

IonQ (NYSE: IONQ) announced on October 12 an agreement to acquire cybersecurity company Elisity in an all-stock transaction valued at up to $1.3 billion. IonQ stock fell 9.34% to $36.19 as of 2:54 p.m. EDT on Monday, October 12, after closing Friday at $39.89. The acquisition represents IonQ's

Request Network (REQ) experienced a 10.75% price decline within 60 minutes, dropping from $0.0586 to $0.0523. The rapid decline reflects shifting market sentiment amid active trading, with 24-hour volume reaching approximately $242,382. This volatility occurs against a broader backdrop of mixed

Token Terminal posted an inquiry on social media questioning the value held in tokenized ETFs. The tweet gained attention on CryptoTwitter and sparked discussions among traders about the scale of tokenized assets. Token Terminal is an analytics platform that provides insights into decentralized

Pando Finance will launch a spot Solana ETF on the Hong Kong Stock Exchange on October 13. U.S. Solana funds recorded their largest weekly outflows of $24.8 million during the week ending October 9, ending 14 consecutive weeks of inflows. The timing contrast reflects Hong Kong's continued

Microsoft President Brad Smith called for mandatory emergency shutdown mechanisms and stronger global AI regulation in a BBC interview published Monday, October 12, days after Anthropic disclosed that its Claude Haiku 4.5 model submitted false information about an unsolved murder to Philadelphia

In US Stock Market News, Raymond James identifies a historic signal suggesting the S&P 500 bull market—now four years old—still has room to run despite delivering gains well above typical cycles. The S&P 500 has gained roughly 117% on a price-return basis since the current bull market began,