Gate Cryptocurrency News and Market Analysis

Deus X Capital is winding down operations three years after founding, CoinDesk reported on October 8. The digital-asset and fintech investment firm ceased operations after its key investors decided to pursue separate investment strategies, with formal liquidation scheduled to complete on

Standard Chartered's Singapore unit announced plans to offer crypto custody services for institutional investors, targeting selected crypto assets, stablecoins, and tokenized real-world assets, subject to applicable regulatory requirements. The expansion extends the bank's existing crypto custody fo

Hyperliquid Labs distributed 3.75 million HYPE tokens valued at approximately $330 million under an over-the-counter agreement on October 7, completing the first stage of one of the largest team-token releases in the network's history. The distribution followed completion of a seven-day unstaking pr

DFI experienced a 68.37% price collapse in one hour, dropping from $0.00205429 to $0.00065. The sharp decline occurred amid major selling pressure and extremely thin market liquidity, with 24-hour trading volume at only $61.03. The cryptocurrency market is experiencing significant volatility, with m

Ethereum Foundation researcher Justin Drake urged the crypto industry on October 7, 2026, to plan a controlled migration of funds to fresh addresses with unexposed public keys. His 'bunker mode' proposal addresses a hypothetical AI-assisted break of ECDSA before quantum computing reaches 'Q-Day.' Dr

The U.S. Commodity Futures Trading Commission announced an advance notice of proposed rulemaking on October 5 introducing federal frameworks for certain cryptocurrency trading platforms under existing statutory authority. CFTC Chairman Michael Selig proposed two regulatory structures—Regulation

Sui Network launched CCTP V2, enabling USDC to transfer seamlessly between Sui and 29 other supported blockchains. The innovation simplifies the development of payments and treasury products by eliminating the need for complex bridge designs. The announcement surfaced through the @SuiNetwork

Japanese Prime Minister Takaichi Sanae stated that Japan is no longer at a stage requiring reflation policy characterized by monetary easing and aggressive fiscal spending. Takaichi made the remarks in parliament on 이날 (this day), according to Kyodo News. The statement follows comments by US

Coinbase generated approximately $6 million from subscriptions and services in the second quarter of 2020, a figure that grew to $555 million by the second quarter of 2026, accounting for 48% of net revenue according to the company's shareholder update. The growth reflects a strategic shift among ma

US hyperscalers issued $48 billion in European currency bonds this year, tripling their 2025 total issuance, as they tap European markets to fund artificial intelligence infrastructure expansion. The surge reflects hyperscalers' growing reliance on European credit markets amid concerns over Europe's

The USD/JPY exchange rate in the Tokyo forex market rose 0.11% to 158.195 yen as of 2:05 PM on the 8th, reversing earlier yen strength. The intraday shift followed easing concerns over tight oil supply, which had tempered US long-term interest rate gains overnight and initially prompted yen

Greece released a draft bill on October 8 proposing a 10% tax on capital gains from digital assets, with an exemption for annual gains up to 500 euros ($583). The measure, now open for public comment, is scheduled for parliamentary submission in November. The proposal addresses Greece's current

Ripple Prime expanded its partnership with Brevan Howard to provide multi-asset prime brokerage, clearing, and financing services across traditional and digital markets. The move reflects growing institutional demand for unified cross-market infrastructure within regulated frameworks. Brevan Howard,

Michael Burry, the investor featured in 'The Big Short,' warned on X that the US stock market has entered the first stage of collapse and predicted the next phase could emerge in 6 to 9 months. According to financial media MoneyWise on the 7th (local time), Burry stated the stock market is clearly i

An Ethereum whale holding 98,089 ETH in long positions worth $252.3 million faces liquidation risk, according to CryptoTwitter commentator @lookonchain. The liquidation prices are set at $2,446.48 and $2,424.47. This development raises concerns over potential downward pressure on Ethereum's price an

Solana has surpassed 14 million stablecoin holders, marking a significant milestone for the blockchain platform. The network has added more than 4 million holders since the start of the year, according to data noted by CryptoTwitter commentator @SolanaFloor. Solana is a high-performance blockchain k

McKinsey & Company senior partner and North America chairman Eric Kutcher stated at a media event in New York on the 7th local time that artificial intelligence could raise US productivity and drive GDP growth to near 4%, positioning AI as the most viable solution to alleviate the country's

OpenAI announced on October 08, 2026, the global rollout of GPT-6 and a new feature called Intelligent UI, bringing interactive interfaces directly into ChatGPT conversations. The update enables the model to combine written explanations with visuals, charts, buttons, forms, and other interactive