Gate Cryptocurrency News and Market Analysis

President Donald Trump renewed his pledge to issue a $5,000 payment to every adult U.S. citizen at a rally in Mobile, Alabama on Oct. 2, making the distribution conditional on Republican victories in both chambers of Congress in November. Trump first announced the proposal at the Republican

Blockchain analytics firm Chainalysis attributed the $387 million Bitget exchange hack to North Korea-linked actors in a report published Wednesday. The firm said the Sept. 24 breach pushed the total value of crypto stolen by North Korea-linked groups in 2026 past $1 billion. Chainalysis has been

YouTuber PewDiePie said in a new video that OpenAI banned his account twice while he built Ajax, a small AI model designed to run on home computers. He used GPT-5.6 Sol, OpenAI's flagship model released on July 9, to generate training data after his account was restored, then removed the model's

Polygon reached $3 trillion in cumulative stablecoin transfer volume, with $1.67 trillion — approximately 55% of its lifetime total — processed since January 2025. The network moved $933 billion during 2025, a significant increase from $276 billion in 2024, followed by $741 billion in 2026 year-to-d

KMD cryptocurrency experienced a 53.33% price decline in 30 minutes, dropping from $0.01999652 to $0.0093332. The token currently trades at $0.009333 with a 24-hour trading volume of $2.22. The sharp price movement occurred amid mixed momentum across the broader cryptocurrency market. KMD

Senator Cynthia Lummis criticized Democrats in a recent tweet for voting against $150 million in funding for the Financial Crimes Enforcement Network (FinCEN). The funding was intended to combat financial crime in the digital assets space and was included in the Clarity Act, legislation aimed at

Binance announced the launch of its financial intelligence initiative, scheduled to unveil on October 5, 2026, with a livestream at 12:00 UTC. The initiative aims to enhance user experience by integrating advanced analytics into the platform. Binance reported the development via Twitter,

US stocks ended last week with mixed results as September's jobs report showed 29,000 jobs added and unemployment rising to 4.2%, below consensus expectations. The weaker-than-expected data raised the likelihood of the Federal Reserve holding interest rates steady at its late October meeting to 78%

Korean stock market analysts project the KOSPI index will trade between 6500 and 7500 next week, influenced by Samsung Electronics' Q3 preliminary earnings scheduled for October 8 and ongoing US interest rate policy uncertainty. NH Investment & Securities set a projected band of 6400-7500 for the we

Ten Korean securities firms issued or planned to issue 3.5 trillion won in hybrid capital securities this year to expand equity capital and business operations. The firms—Meritz, NH, Hana, Kiwoom, Shinhan, iM, DB, Daishin, and Hanwha Investment Securities—are pursuing capital expansion to

The KOSDAQ index broke through the 900-point level during trading on October 2, reaching an intraday high of 903.49 points before closing at 893.29 points. The index has gained 13.0% from its September low of 790.21 points, driven by a valuation rerating of small-cap stocks and strengthening

President Donald Trump announced Wednesday that the top 185 holders of the TRUMP meme coin will attend a gala dinner with him on Nov. 22 at Trump National, his Virginia golf club. The event follows the Clarity Act's Sept. 15 Senate procedural vote failure, where restrictions on Trump's crypto

Solana generated $1.09 million in fees over the past 24 hours, according to data from DefiLlama cited in a WuBlockchain report. This performance came as 71% of tracked blockchains generated zero fees during the same period, with 514 of 558 blockchains earning less than $1,000. The fee generation

European Central Bank President Christine Lagarde warned in a new ESRB speech that AI-related risks in trading, cybersecurity and geopolitics could begin reinforcing one another across euro-area financial markets. Nearly nine in ten significant euro-area banks already use generative AI, while

Bitfinex transferred 20,000 ETH to Aave in a transaction worth approximately $53 million, according to @whale_alert. The transfer represents a significant movement within the Ethereum network's decentralized finance sector. Aave is a DeFi platform that facilitates lending and borrowing of digital

G7 leaders announced a 100-million-barrel emergency oil release starting immediately. The coordinated intervention runs four months, with diesel supplies frontloaded into the first 20 days, addressing shortages that pushed Brent crude

Elon Musk's Grok AI projects Bitcoin could reach between $150,000 and $180,000 by January 1, 2027, with the cryptocurrency trading around $84,500 on October 3. The AI system's prediction is based on a potential full-blown bull market scenario over the next three months. ETF flows support the

XRPL developers released xrpld 3.4.1 on Sept. 25 as an emergency update addressing security-sensitive issues. The official release notes state the new fixBatchV1_2 amendment has reached validator supermajority support and is expected to activate on Oct. 9 if that backing remains above the required t

Circle submitted a proposal to the European Commission on Oct. 1 to overhaul EU stablecoin reserve rules. The USDC and EURC issuer requested replacing mandatory bank-deposit allocations with a liquidity-based standard, arguing that fixed deposit minimums expose issuers to credit and counterparty

Tokenized stocks linked to U.S. equities saw more than 70% of their trading volume occur outside regular U.S. market hours, according to data from crypto analytics firm Kaiko. Kaiko reported on October 3 that 71% of tokenized stock trading volume on Uniswap in September took place outside regular U.