Gate Cryptocurrency News and Market Analysis

Wall Street banks and payment giants have accelerated their entry into the stablecoin market over the past few months, with a 21-bank consortium committing roughly $270 million to Project Faro this week. Goldman Sachs, Citigroup, Santander, and Deutsche Bank are among the institutions funding a U.S.

Unemployment Labs, a US nonprofit research organization led by former OpenAI researcher Will Depue, released a report on the 14th (local time). The report states that DeepSeek, Moonshot AI, MiniMax, and Ant Group used Nvidia's Blackwell graphics processing units (GPUs) to create their AI models desp

XRP whales accumulated 65.32 million tokens worth $72 million between November 7 and November 11, while US spot exchange-traded funds recorded approximately $18 million in net outflows across two consecutive sessions on November 9 and November 10. The accumulation by large holders contrasts with

Thailand has launched a cryptocurrency payment service allowing foreign tourists to convert digital assets into Thai baht for spending at shops and restaurants nationwide. The WORPT payment app, developed by Wipay and Waan Exchange (Waanx) with support from Tether, connects crypto wallets with Thail

Dogecoin (DOGE) and Pepe (PEPE) are being analyzed for their potential performance in 2027 as of mid-November 2026. Both meme coins have experienced significant drawdowns from prior cycle highs, with DOGE trading around $0.066-$0.067 and PEPE near $0.0000044. The comparison emerges as both coins

In US Stock Market News, major indexes ended mixed on Friday, November 13, as technology stocks faced selling pressure amid uncertainty over Nvidia earnings and persistent inflation concerns. The S&P 500 declined 0.40% to close at 7,561.67, while the Nasdaq Composite dropped 0.91% to 25,136.27 (4:00

Bitcoin price rebounded from its November 10 low of $72,600 to around $74,000 as Nvidia's board of directors met Wednesday to consider removing CEO Jensen Huang following revelations about two extramarital affairs, according to Reuters. The developments emerged as Glassnode data revealed that 7.12 m

XRP is trading near the $1 psychological support level after briefly slipping below that mark this morning, reaching an intraday low close to $0.99 before recovering to $1.02. The token has declined 37% from its October highs of $1.60 as Bitcoin's selloff has pressured the wider crypto market. The $

U.S. spot Bitcoin exchange-traded funds recorded five consecutive days of net outflows between November 5 and November 11, shedding $1.44 billion as institutional investors withdrew capital from the market. Bitcoin is trading near $73,500, struggling to reclaim the $75,000 level after briefly

Judge Noël Wise denied a motion to dismiss a proposed class-action lawsuit against Micron, Samsung, and SK hynix over alleged DRAM price-fixing. The defendants argued the case was a rerun of a 2018 antitrust lawsuit, but the judge found the plaintiffs—17 individuals and small

Laser Digital, the digital assets subsidiary of Japanese financial services group Nomura, has advised ZIG Finance on the risk framework for zEMS, a tokenized private credit pool targeting small and medium-sized enterprises in Saudi Arabia. The initiative, launched on BNB Chain, aims to address a fin

Foreign institutions adjusted target prices for Taiwan AI server stocks including Quanta (2382), Foxconn (2317), and Wistron (3231) after US midterm elections, while maintaining 'Outperform' or 'Buy' ratings. The adjustments reflect market concerns about AI demand outlook amid weakening investor

JPMorgan increased its holdings in MicroStrategy (Strategy) by 36% and added 1 million shares of BlackRock's iShares Bitcoin Trust (IBIT) during the quarter ending September 30, according to regulatory filings. The banking giant reported 848,932 Strategy shares valued at $131.3 million, up

Japanese financial services group SBI Holdings and Cambodia's central bank announced two blockchain initiatives on November 13 aimed at modernizing government bond investments and improving international money transfers between the two countries. The projects will examine how distributed ledger

PT Telkom Indonesia (Persero) Tbk (Telkom) launched an AI technology innovation called TARA (Telkom AI Responsive Assistant) in October 2026 to make public information more accessible to the community. Telkom President Director Nanang Hendarno reaffirmed this commitment during the 2026 Public Information Disclosure Monitoring and Evaluation (Monev) Public Hearing, held by the Central Information Commission (KIP) in Jakarta on Tuesday, November 10, 2026. Public information disclosure is an import

OpenAI launched ChatGPT Wallet on Friday, enabling its AI agents called dots to complete purchases using tokenized American Express, Mastercard, and Visa card details. The system allows agents to navigate ordinary online stores and finish checkout without accessing customers' actual card numbers, an

Since late 2025, investors have been shifting how they allocate assets in line with emerging trends, with three notable changes in investment behavior. Nguyen Duy Linh, CEO of Saigon-Hanoi Securities Joint Stock Company (SHS), said changes in the market environment have profoundly affected how individuals and institutions manage their portfolios. In Vietnam’s capital market, traditional asset classes such as deposits, bonds, stocks, funds, gold, and real estate are becoming the main areas invest

Nvidia Board Director Mark Stevens sold approximately 4.2 million shares between August 31 and September 18, generating around $1 billion in proceeds, according to Moneywise.com. The transactions occurred nearly two months before Jensen Huang was accused of having close ties to an alleged Chinese

Apple's official HomeView tech specifications page lists the Apple HomeView, introduced in 2026, with an A18 chip. The device is offered in Rose Pink and Space Gray, and it includes a 7-inch (diagonal) Liquid Retina display, a 12MP Center Stage camera, and Siri AI, which Apple describes as an entire

Zcash price is struggling near $980 after a sharp sell-off pushed the privacy cryptocurrency below the $1,000 psychological support level, marking its lowest point since September. ZEC has declined more than 26% over the past week, with the latest major sell-off resulting in a 13% to 15% drop that b