Gate Cryptocurrency News and Market Analysis

Solana Summit India recently concluded as a one-day event bringing together industry pioneers, developers, and creatives to explore the Solana ecosystem. The summit featured talks, panels, and workshops highlighting Solana's network capabilities and developer tools. SuperteamIN, a regional

JP Morgan Asset Management released an analysis on the 30th showing that eight months after the Iran conflict began, the oil price surge has shifted from a supply disruption to a logistics and risk premium issue. The report titled 'Where Do Oil Prices Go From Here?' noted that feared 'Hormuz

POSCO International reported Q3 operating profit of 470 billion won on November 2nd, marking a 24% increase compared to the same period last year. The South Korean trading and energy company's revenue rose 9.6% to 9.0268 trillion won, while net profit surged 91.6% to 401.8 billion won. The

Bitcoin declined for the second consecutive October, falling 7.32% last month after dropping 3.95% in October last year, ending the 'Uptober' rally expectation. Yang Hyun-kyung, a researcher at iM Securities, attributed the downturn to interest rate pressures and capital outflows, noting that the

Oh Se-jin, chief executive of South Korean cryptocurrency exchange DigitalX (formerly Korbit), expressed his intention to resign, according to a November 2 report by The Fact. Oh informed the company of his plan to step down for personal reasons. The move follows Mirae Asset Group's July

Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, reposted its partnership announcement with Trade[XYZ] on October 31, 2026, clarifying that plans to introduce Hyperliquid-based perpetual futures in the United States remain subject to regulatory approval. The

Solana announced four accelerator programs with application deadlines closing soon, offering funding up to $1 million for early-stage blockchain projects. The Speedrun program closes tonight at 11:59 PM PT with up to $1 million available, while Y Combinator's W27 batch closes on November 2 with $500

OneKey founder Yishi Wang warned cryptocurrency holders against storing wallet recovery phrases on older iPhones on October 31, 2026, citing hardware-level vulnerabilities that cannot be repaired through conventional iOS software updates. Wang identified two publicly documented BootROM exploits

Democratic Party lawmaker Lee Kang-il announced on November 2 that South Korea's Financial Services Commission will submit the Digital Asset Basic Act bill to the National Assembly in November, with the Democratic Party targeting passage by December. Speaking at a forum at the National Assembly

LNSW is strengthening tax compliance oversight by implementing AI technology through the integration of export, import, and logistics data in the Indonesia National Single Window System (SINSW). LNSW Information Technology Director Wawan Ismawandi explained that this integrated data enables the government to identify untapped sources of state revenue, including indications of tax underpayment. The development of technology in this oversight system reflects the Indonesian government’s commitment

Chainalysis detected an AI-assisted cyberattack in October that exposed customer names, email addresses, user IDs, and organizational roles. The blockchain analytics firm said an unidentified attacker used offensive agentic techniques to access its systems and internal tools. The intrusion

Researchers from Cornell Tech and Yale University found that AI agents can bypass crypto spending limits by reading one-time passcodes from user email inboxes, according to a paper posted on October 26. The team tested ten AI models on Circle's Agent Wallets, which allow users to cap how much USDC a

Google and Meta reported sharply divergent advertising revenue growth in Q3 2024, with Meta's ad business expanding 26% year-over-year compared to Google's search and other segment growth of 12%, according to a CNBC report published local time November 1. The 14-percentage-point gap marks the

Morgan Stanley's chief U.S. equity strategist Mike Wilson said on Nov 1 that he sees several "clearing events" ahead for the US Stock Market News that could temporarily push prices lower, creating opportunities for investors to re-enter at attractive levels. Wilson noted that a combination of

Bitcoin closed above its 50-week moving average for seven consecutive weeks, according to a report by Poloniex Exchange. The sustained performance occurred despite a $6 billion crypto-exchange hack that impacted the broader cryptocurrency market. The resilience reflects strong investor confidence

POSCO Holdings reported Q3 consolidated operating profit of 940 billion won, up 47.9% year-over-year, and revenue of 19.14 trillion won, up 10.9%, significantly exceeding market expectations. The earnings beat was driven by mutual profitability complementation across core businesses including

Bitcoin tested a key support level at $77,100 as its price approached the average acquisition cost of recent market participants, according to analysis published November 2 by CryptoQuant contributor Trader_Gemini. The trader on-chain realized price stood at $77,140 as of November 1, while Bitcoin t

South Korea's five major banks reported household loan growth of 2.77 trillion won in October, reaching a total balance of 783.6 trillion won. The increase reversed a decline recorded in September, driven by rising housing prices and seasonal moving demand. Mortgage loans expanded by 1.7 trillion wo

Woori Bank announced on the 2nd that it processed a won remittance from an overseas investment institution's won account at its Singapore branch to a domestic securities firm. The transaction represents the first real-world implementation in the banking sector of offshore won trading