Gate Cryptocurrency News and Market Analysis

On-chain analytics firm Glassnode stated on Oct. 8 that Bitcoin's recent rally is being driven primarily by existing holders rather than fresh capital inflows. The firm reported that new money flowing into the market through exchange-traded funds, stablecoins, and corporate treasury assets has

Bitcoin approaches a critical technical threshold as analyst Ran Neuner highlights the cryptocurrency's historical behavior around its 50-week moving average. According to Neuner, Bitcoin typically remains above this moving average throughout bull market phases once it breaks above the level.

PwC developed a securitization payout solution for EOS Group utilizing Stellar's blockchain network. The technology reduces payout times from 30 days to one day through smart contract automation that settles instantly in a MiCA-regulated euro stablecoin. The solution represents blockchain

OpenAI presented investors with an annualized revenue figure nearing $50 billion as of the end of September, the Financial Times reported on Oct. 8. The figure represents a significant decrease from the company's previously reported annualized revenue of $70 billion. The current revenue

DODO cryptocurrency experienced a sharp 10.96% price decline within 60 minutes, dropping to $0.01787 during today's trading session. The sudden downturn occurred amid active trading, with 24-hour volume reaching $3,771,409.71, signaling heightened trader activity. The price movement reflects

Netflix released a trailer Thursday for an eight-episode series about the collapse of cryptocurrency exchange FTX, centered on former CEO Sam Bankman-Fried and Caroline Ellison, who headed sister company Alameda Research. The series, set for release on Nov. 19, stars Anthony Boyle as Bankman-Fried a

Binance and Upbit XRP reserves fell by a combined 104.7 million tokens between September 11 and October 5, with CryptoQuant data showing whales accounted for about 77% of seven-day average exchange outflows. Separately, four newly created Hyperliquid wallets deposited $1 million in USDC and

Arena, the AI model ranking platform that originated as a UC Berkeley research project in 2023, raised a $200 million Series B funding round at a $3.1 billion valuation, the company announced Thursday. The round was led by Lightspeed Venture Partners and Khosla Ventures, with participation from

Solana-based decentralized exchange Orca and lending protocol Loopscale merged into a single entity called Formation, the two teams announced Wednesday. The New York-headquartered company will be led by Loopscale co-founder Luke Truitt as CEO, with Mary Gooneratne as chief operating officer and Orca

Pyth Network reported annual recurring revenue of $11.5 million in its most successful quarter to date. The figure represents an 86% increase from the previous quarter, driven by expansion to 276 clients. The network announced the metrics via its official Twitter account, highlighting growth in the

Moscow Exchange plans to open cryptocurrency trading on December 1, moving from derivatives tied to digital-asset prices to transactions involving cryptocurrencies under Russia's new regulated market framework. The exchange began testing the service with professional market participants about a

OpenAI released hundreds of claimed solutions to challenging math problems this week, consulting an advisory group of elite mathematicians to avoid past controversies. However, the Advisory Group on Mathematics and Artificial Intelligence (AGMAI) indicated OpenAI fell short of field standards,

Gemini reported on October 8, 2026, that Netflix released a trailer for an FTX documentary, followed hours later by a downturn in the crypto market. The cryptocurrency exchange noted the unusual timing between the trailer's debut and the subsequent market decline. Gemini's commentary highlighted tha

Coinbase announced that US traders can now access 80% of crypto derivatives liquidity that was previously restricted. The cryptocurrency exchange stated the change is effective immediately, aiming to enhance trading opportunities and strengthen its competitive position in the US market. The announce

Alberto Musalem, president of the Federal Reserve Bank of St. Louis, said on October 8 that additional interest-rate increases may be needed to bring inflation back to the Federal Reserve's 2% target, according to a report by Walter Bloomberg. Musalem attributed persistent inflation to ongoing

SVRN AI CEO Sal Ternullo launched a proposal to reduce NEAR Protocol's token issuance from 2.5% to 1.6% over 24 months. The initiative, now live, aims to enhance NEAR Protocol's economic model. This proposal aligns with ongoing discussions within the crypto community about optimizing tokenomics to i

Ran Neuner, a prominent crypto commentator associated with Crypto Banter, announced via Twitter that he is taking profits on his altcoin portfolio. The announcement has prompted discussions among traders and enthusiasts in the cryptocurrency community. The tweet received 149 likes and 9 retweets, indicating engagement from followers amid fluctuating market sentiments. Neuner's Announcement Generates Community Engagement The Twitter announcement garnered significant attention within the crypto co

Kalshi, a prediction market platform, shows an 84% probability that the Federal Reserve will hold its benchmark interest rate unchanged at its Oct. 28 meeting, according to data as of October 8. The platform assigns a 16% chance to a 0.25 percentage-point rate increase. Market participants on Kalshi

MiniMed Group Inc. saw 99% of its publicly traded shares sold short yesterday, according to data provider Ortex, in an unusual market situation tied to parent company Medtronic's share swap offer. The short interest surged from 47.6% on September 15 and 77% a week earlier as arbitrage traders