Gate Cryptocurrency News and Market Analysis

Alex Morris, CEO and CIO of F/m Investments, said SpaceX (SPCX) stock presents a buying opportunity despite potential near-term downside, during a Friday interview with CNBC. Morris made the comments after SpaceX shares fell about 27% since listing, driven by investor concerns over the company's

BIP-110 author Dathon Ohm has warned Bitcoin users to stop running Bitcoin Core, stating it becomes insecure once mandatory signaling begins at block 961,632. MicroStrategy executive Michael Saylor has urged the opposite, telling the proposal's backers to stand down. Both describe the same event at

Bybit increased collateral ratios for larger cryptocurrency positions under its Unified Trading Account Loans, effective August 4 at 8:00 UTC. The changes allow traders to have more of their holdings recognized when calculating borrowing capacity, applying to assets including Ether, Solana, BNB,

Micron Technology (MU) stock closed at $881.47 on 6 August, down 27.4% from its 25 June closing peak of $1,213.56, amid a valuation debate centered on whether its $138 annualized EPS represents a floor or ceiling. The stock trades at roughly 6.4x forward earnings—a single-digit multiple that bulls i

U.S. mortgage rates remained elevated on Friday, Aug. 7, with the average 30-year fixed mortgage rate rising to 6.69% as of Aug. 6 in Freddie Mac's latest weekly reading, up from 6.66% the previous week. The increase reflects elevated Treasury yields, which have kept borrowing costs high despite the

XRP recorded the largest single monthly exchange-traded fund inflow surge as a percentage of assets under management of any cryptocurrency since July 2025, according to data from JPMorgan. The digital asset outperformed Bitcoin, Ethereum, Solana, and other major cryptocurrencies in the firm's

Tesla and SpaceX formally confirmed this week that their Terafab chip plant project will be built in Grimes County, Texas, with an initial investment of $16.8 billion. The facility, first unveiled in March at Austin's Seaholm Historic Power Plant as a joint venture between Tesla, SpaceX, and xAI,

Elev8, an independent global brokerage brand, has secured the Securities Dealer Licence (SDL) from Seychelles' Financial Services Authority (FSA). The licence adds to the firm's existing regulatory footprint and forms part of its broader strategy to diversify its licensing portfolio across

Two veteran Philippine Stock Exchange (PSE) broker-directors filed a petition with the Court of Appeals on Wednesday, August 5, seeking to nullify a Securities and Exchange Commission (SEC) rule that imposes term limits on their positions. Ma. Vivian Yuchengco and Eddie T. Gobing challenged SEC

Solana (SOL) is trading near $73.79 while holding above a critical support zone between $64 and $68, but the cryptocurrency remains trapped below a descending resistance trendline that has defined the broader bearish structure. The technical setup reflects SOL's steep decline from the $240-$250

Meta and Tesla stocks declined 10.5% and 28.9% respectively year-to-date as of the 6th, while AI hardware companies SanDisk and Dell surged 430.2% and 247.7% during the same period, according to Hankyung. The performance gap reflects investor concerns over the Magnificent 7 (M7) big tech companies'

CME Group's Mexican peso and Brazilian real futures and options generated a record $2.94 billion in average daily volume during the first half of 2026, according to figures released by the exchange. Mexican peso futures accounted for $2.2 billion a day, up 38% from the previous year, while Brazilian

South Korea's interest rate swap (IRS) rates rose on August 7, driven by uncertainties surrounding the opening of the Strait of Hormuz. The 1-year IRS rate increased 2.00 basis points to 3.4325% as of 4:30 PM, while 3-year and 5-year rates climbed 1.75bp and 2.25bp respectively. A bond dealer at a s

XRP price dropped approximately 2.2% over the last 24 hours to trade near $1.03, following Senate Majority Leader John Thune's formal delay of the CLARITY Act vote to after the August recess in September. The unexpected scheduling change removed an immediate regulatory catalyst, leading to

BNB Chain surpassed Tron to become the blockchain with the most stablecoin holders this year, according to Token Terminal data. BNB Chain now counts approximately 79.3 million stablecoin-holding addresses, edging past Tron's 76.1 million and ending Tron's long dominance in this market segment. The s

Bitcoin is testing a descending resistance line near $64,000-$65,000 after two earlier rejections, placing focus on the latest daily close. The trendline originates near the late-2025 high above $120,000 and connects to a rejection around $80,000 in May 2026, establishing a pattern of lower highs.

Retail investors are actively purchasing semiconductor stocks despite major global chipmakers experiencing declines exceeding 50% from their highs. One example cited shows a stock falling from 2.98 million won to 1.49 million won. Investors view the downturn as a buying opportunity at reduced

Michael Saylor, Executive Chairman of Strategy, claims he used ChatGPT to help design a Bitcoin-backed preferred stock that raised over $15 billion for the company. Speaking with Steven Bartlett on The Diary of a CEO, Saylor said the AI-assisted instrument, called STRK, represents a financial

The Shanghai branch of the People's Bank of China (PBOC) held its second-half 2026 work conference on August 4, reiterating its hardline stance against virtual currency speculation while unveiling an expansive roadmap for financial innovation. Regulators pledged to sustain pressure on