Gate Cryptocurrency News and Market Analysis

Moonbeam's GLMR token surged 13.27% in one hour to reach $0.011299, with trading volume of approximately $1,661,945.37 during the period. The move occurred without a confirmed catalyst, reflecting broader market dynamics and fluctuating trader sentiment. The crypto market has experienced

Thai police arrested a 37-year-old Chinese man in Bangkok on Saturday who is wanted by authorities in China for alleged involvement in an international crime network and money laundering, according to Thai media Khaosod English. The suspect is accused of operating a network that handled more

Crypto Tax in India remains at 30 per cent with one percent Tax Deducted at Source (TDS) on transactions, while Japan has passed a landmark amendment recognising cryptocurrencies as financial assets, introducing stricter insider trading rules and lower tax rates. The move, which shifts crypto

Multiple statistical agencies and central banks will release key economic indicators from Oct. 19 to Oct. 23, including China's third-quarter GDP, US initial jobless claims, and UK September consumer price index. The schedule also includes the Bank of Korea's base-rate decision on Oct. 22 and US Oct

Nine U.S. companies, including Verizon and Broadcom, objected to the tokenized trading of their shares on OKXICE, according to a notice dated October 15 reported by CryptoTwitter commentator @WuBlockchain. The objections target OKXICE's proposal to offer 24/7 tokenized U.S. equity trading through a

The Bank of England is widely expected to raise interest rates in November for the first time in over three years, with markets pricing in a 90% probability following the release of UK September consumer price inflation data on October 21. During the week ended October 16, the US dollar weakened

US Treasury long-term bond yields are expected to face further downward pressure this week (Oct 19-23) as credit risk concerns surrounding artificial intelligence companies spread, following a sharp decline in shares of cloud infrastructure provider CoreWeave (NAS:CRWV). The 10-year US Treasury yiel

Solana announced its Summit India event in partnership with @SuperteamIN, scheduled to begin in 15 days. The Summit aims to unite developers, founders, and operators within the Solana ecosystem while showcasing the latest technological advancements. The announcement reflects Solana's commitment to i

Fasanara and Bitfinex Securities will host two major digital asset conferences from Oct 20-22, while four altcoin projects execute scheduled token unlocks totaling over 300 million tokens. The Digital Asset Conference IV takes place Oct 20 at The Peninsula London, and The Future of Capital Markets o

St. Petersburg and the Leningrad region came under a large-scale drone attack between the previous night and the early hours of October 18, sparking fires at an oil terminal and a VK data center. Russian authorities blamed Ukraine for the assault. Governor Alexander Beglov reported fires in four

Bitcoin's network hashrate reached 1,031,609,649 TH/s on October 17, 2024 at 2pm, marking the highest level in approximately five months since May 29, 2024, according to data from Mempool.space. The 7-day moving average increased by approximately 44,076,196 TH/s over the previous week, indicating he

AIsa completed its seed extension round on Friday, with Tether and HIVEN joining as strategic investors. The round brings AIsa's total funding to more than $9 million, with existing backers including Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates, and Saison Capital. The San

In US Stock Market News, the iShares Core S&P Small-Cap ETF (IJR) provides diversified exposure to U.S. small-cap stocks, trading near its 200-day moving average at a notable valuation discount compared to large caps. Small caps have already adjusted to higher interest rates, making IJR a

US President Donald Trump defended his decision to suspend Russia sanctions as beneficial to America and the world during a fundraiser at his Mar-a-Lago residence on the 17th, one day after signing an executive order halting implementation of the Graham Act on the night of the 16th. Secretary of

South Korea's Kospi stock index closed at 5,668.05 on Oct. 16, posting a weekly loss of 14.46% despite a 2.05% daily gain. The week of Oct. 19 to Oct. 23 will test the market's rebound potential through U.S. technology company earnings reports and the Bank of Korea's Oct. 22 monetary policy

A criminal group inserted malicious components into genuine Ledger hardware wallets and redistributed them through resale channels in Southeast Asia, leading to cryptocurrency thefts estimated at more than $90 million, Bloomberg reported on October 17. Complaints of asset theft tied to the French ha

UOS surged 13.07% in five minutes, reaching $0.002861, as the cryptocurrency experienced significant trading activity. The rapid price movement occurred amid broader market dynamics that prompted heightened trader participation, with 24-hour trading volume reaching $2,307,650. The broader cryptocurr

On Friday morning, US Stock Market News showed mixed trading as the S&P 500 added 0.5 per cent despite the majority of stocks within the index falling, while the Nasdaq composite rose 1.1 per cent. However, the Dow Jones Industrial Average fell 197 points, or 0.4 per cent. In international

US Stock Market News showed significant pressure Wednesday as the S&P 500 fell 0.8 per cent after the yield on the 10-year Treasury jumped to 5.10 per cent from 4.96 per cent late Tuesday, raising concerns about inflation. The Dow Jones Industrial Average dropped 352 points, or 0.7 per cent, while t

The Bank of Korea's Monetary Policy Committee will convene on the 22nd, with Seoul's bond market expected to show volatility based on the committee's policy stance. All 15 financial institution experts surveyed by Yonhap Infomax expect the benchmark interest rate to remain at 3.00%. The previous