Gate Cryptocurrency News and Market Analysis

XRP surged 43.7% over the past seven days through Aug. 26, outperforming every other top-10 cryptocurrency. US spot XRP exchange-traded funds attracted $77.47 million of net inflows between Aug. 18 and Aug. 25, while Korean traders drove 16.3% of Upbit's total turnover early Aug. 26. The rally

Meta Platforms agreed to a proposed multistate settlement worth up to $17 billion announced Wednesday by California Attorney General Rob Bonta and a bipartisan coalition of attorneys general, resolving allegations that Facebook and Instagram were designed to encourage compulsive use among children a

US stocks opened mixed on the 26th (local time) as investors digested July Personal Consumption Expenditures (PCE) inflation data. At 9:59 AM local time, the Dow Jones Industrial Average fell 0.02% to 53,567.69, while the S&P 500 rose 0.11% to 7,685.53 and the Nasdaq Composite gained 0.08% to 26,171

US Treasury bond prices declined on the morning of August 26 (US Eastern Time) as investors showed caution ahead of the Federal Reserve's preferred inflation gauge release. The 10-year Treasury yield rose 1.00 basis point to 4.6480% as of 7:57 AM Eastern Time, according to Yonhap Infomax overseas in

Nasdaq-listed DeFi Development Corp. announced Wednesday the launch of State of Solana, a public real-time data and research platform consolidating Solana market, network, staking, validator, yield and

A vulnerability in the shared Cosmos EVM software triggered attacks on three blockchain networks between Aug. 20 and Aug. 22, prompting Cosmos Labs to urge affected projects to halt block production and apply security updates. The affected networks are Mantra, TAC and KiiChain. The vulnerability

Park Hyun-joo, Chairman of Mirae Asset Group, announced plans to expand digital assets to 150 trillion won at a May 26 event in Seoul. The expansion is driven by Mirae Asset's '3.0 strategy,' which merges traditional assets like Samsung Electronics and SK Hynix stocks with digital assets through

Shinhan Card confirmed the sale of its headquarters building 'Pine Avenue Building A' following a board decision on the 21st during the August regular board meeting. The sale, structured as a sale-and-leaseback arrangement with up to a 10-year lease term, is expected to generate a gain

SK Innovation's Korean stocks plunged 11.04% on the 26th after the company announced plans to absorb its separator business subsidiary SK IE Technology (SKIET). The merger decision aims to address SKIET's accumulated losses since 2023 and mounting financial burden, but triggered investor concerns ov

Bernstein analyst Gautam Chhugani forecasts Bitcoin will reach $300,000 by 2029, positioning the cryptocurrency as the primary beneficiary of a shift away from traditional fiat currencies. The investment bank's projection ties Bitcoin's rise to what Chhugani calls the 'debasement trade'—a strategy b

OpenAI announced its first AI chip, the Jalapeño, on Tuesday, stating it delivers industry-leading speed and efficiency for inference workloads. The chip is being developed with Broadcom and will be deployed within OpenAI's compute infrastructure by the end of the year. Industry analysts told CNBC t

Australia's Securities and Investments Commission released its Corporate Plan 2026–27 on Wednesday, setting a target to complete 80% of routine financial services and credit licence applications within 120 days, down from the

Samsung Electronics and SK Hynix stocks saw their target prices lowered by securities firms, yet the gap between target prices and actual stock prices remains substantial as of the previous day. According to financial data provider FnGuide on the 26th, the divergence rates between actual stock price

Anthony Pompliano, Chairman and CEO of ProCap Financial, attributed the recent cryptocurrency market rally to macroeconomic factors including monetary policies and global cash flow shifts. Pompliano argued that Bitcoin's rise is driven by ongoing global money printing and currency devaluation as cen

Zimperium's zLabs team identified 34 mobile malware families targeting 1,243 banking and fintech apps across 90 countries during 2025. Europe, the Middle East and Africa accounted for more than 800 app targets and 30 of the 34 malware families, concentrating the threat catalogue inside one region.

Crypto exchange MEXC will stop serving customers in the Netherlands in November 2026 and is directing affected users toward MiCA-authorized Bybit EU. Dutch MEXC customers are being encouraged to move their assets by Oct. 31, with final offboarding scheduled for Nov. 16, 2026. The exit follows MEXC's

Thirty-nine U.S. state bankers associations formed the BankChain Alliance to develop a nationwide permissioned blockchain network for community banks, with a planned launch targeted for 2027. The Texas Bankers Association leads the consortium, and Kathy Kraninger, president and CEO of the Florida Ba

Brent crude futures dropped $1.78, or 2%, to $86.80 a barrel by 00:27 GMT on Aug. 26, while U.S. West Texas Intermediate futures fell $1.49, or 1.8%, to $80.87, following Iran's announcement that it had resumed discussions with Oman over management of the Strait of Hormuz. The two countries

Chinese NAND flash manufacturer YMTC filed an IPO application and announced a goal to become the world's 1 NAND manufacturer by the end of next year, according to a Financial Times report on the 25th local time. The company achieved a 14% market share in the global NAND flash market in Q2, ranking t