Gate Cryptocurrency News and Market Analysis

US equity futures edged higher in premarket trading on October 27, 2026, as traders digested corporate earnings and the Federal Reserve kicked off its policy meeting. S&P 500 futures rose 21.25 points to 7,735.75 (+0.28%), Dow futures gained 53.00 points to 52,603.00 (+0.10%), and Nasdaq futures

SoFi Technologies (NASDAQ: SOFI) traded at $16.02 in premarket trading at 9:10 am ET on 27 October 2026, up about 10.8 percent from Monday's $14.46 close, after third-quarter results beat estimates and

Luxor Technology raised $16 million in a strategic funding round led by CMT Digital to expand into AI computing power, following the September launch of Luxor AI. The Seattle-based company, which built its business around Bitcoin mining infrastructure, attracted participation from mining hardware

Michael Saylor, chairman of Strategy, said on October 27 that Bitcoin's value is not diminished by the existence of other cryptocurrencies. Saylor wrote on X that saying there is no reason to buy Bitcoin because anyone can create a cryptocurrency is like saying there is no reason to learn English be

Twenty-two public companies objected to having their shares tokenized on the OKX-ICE venue by October 23, marking a two-and-a-half-fold increase from nine objectors on October 15. The objections cite eight risks including pricing disparities, obscured ownership, impaired capital raising,

Opera introduced WebAI, a new web standard that enables users to run AI models directly in their browser without relying on cloud infrastructure. The standard supports various AI models including Google's Gemma open-weight model and Apple's on-device foundation model on Mac systems. Opera

General Compute raised $100 million in Series A funding led by Blackbird Ventures and Abstract Ventures, reaching an $800 million post-money valuation. The neocloud startup secured the round after landing a large customer deal worth $100 million in annual recurring revenue. The funding comes as the

South Korea's presidential office is reviewing a two-year extension of the country's cryptocurrency gains tax to 2029, according to an October 26 report by Electronic Times. The 22% levy is currently scheduled to begin January 1, 2027, but officials are questioning whether exchanges and tax

Bitcoin market sentiment fell back into negative territory on October 27, according to cryptocurrency analyst Darkfost. The Bitcoin Unified Sentiment index dropped to -11 and continues to decline, Darkfost wrote on X. The shift signals weakening optimism as the period of extreme greed has passed and

The Korea Chamber of Commerce and Industry urged the swift enactment of the Digital Asset Basic Act on October 27, according to Digital Times. KCCI submitted its 'KCCI Report' containing 100 legislative proposals to the National Assembly ahead of bill reviews during the regular session, citing the n

Charles Hoskinson's Midnight crypto network processed 49,229 transactions on October 25, marking its busiest day and bringing cumulative mainnet transactions to 954,434. The milestone exceeded privacy-focused rival Zcash, which processed 20,445 transactions on the same day. Midnight's architecture a

Binance announced on October 27 that its security team successfully blocked multiple cyberattacks linked to North Korea, with no losses reported. The attacks employed social engineering tactics by North Korea-linked hacking groups. This incident occurs amid a broader atmosphere of rising cyber

Ripple and BNY announced on October 27 an expansion of their digital-asset partnership, adding XRP and RLUSD custody support on BNY's platform and pursuing tokenized trade finance use cases on the XRP Ledger. The companies released a Business Wire statement detailing plans to broaden custody

In US Stock Market News, Morgan Stanley and UBS raised their Amazon price targets ahead of Q3 results, citing accelerating AWS growth and AI opportunities (4:00 PM ET / 1:30 AM IST). Both brokerages see scope for further gains driven by cloud expansion and improving operating efficiency, though

Solana is approaching a potentially decisive breakdown, with SOL trading around $100 on October 27 as a bearish technical pattern raises the possibility of another 20% decline toward $80. The cryptocurrency has lost approximately 14% during October, underperforming Bitcoin, Ethereum and XRP over the

Japan's yen-based stablecoin JPYC recorded approximately 3.2 billion yen, or roughly $20 million, in circulation as of October 23, according to a CoinDesk report published on October 27. Total cumulative issuance reached 12.1 billion yen, but heavy redemptions left the circulating supply far below t

Jason Calacanis told his followers to sell Bitcoin on Tuesday morning, forecasting a fall to $57,000 within a year and stating Bitcoin will never break its all-time high again. The Bitcoin price was $79,750 when he posted, down 0.32% on the session, making the call imply a drop of about 28%. Calacan

Meta Platforms closed at $630.56 on Nasdaq on October 26, 2026. Based on the last 90 daily log-returns through that date, the bull target is $902.18, the base is $665.40, and the bear is $543.18 across 46 sessions through December 31, 2026. These targets follow Meta's third-quarter 2026 earnings

NIP Group, the company behind esports team Ninjas in Pyjamas, acquired a third batch of Bitcoin miners in exchange for over 247 million Class A ordinary shares, CEO Hicham Chahine told Decrypt. The purchase brings the company's total mining capacity to approximately 13.85 EH/s, targeting