Gate Cryptocurrency News and Market Analysis

Pudgy Penguins, an 8,888-piece Ethereum NFT collection, holds a floor price of 3.86 ETH, equivalent to roughly $7,400, with a collection market capitalization of $65.81 million per Forbes NFT data. The collection briefly crossed 5 ETH in April 2026, recording over 20% weekly gains with

Avalanche (AVAX) trades at approximately $7.66 as of 21 August 2026, representing a decline of roughly 94.7% from its all-time high of $144.96 reached on 21 November 2021, according to CoinGecko data. The token's sharp drawdown reflects the broader crypto market downturn that began after the 2021

On Tuesday, the US District Court for the Southern District of New York entered consent orders from the US Commodity Futures Trading Commission imposing five-year trading bans on former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao "Gary" Wang related to their roles in the crypto e

Walmart is expanding its contactless payment options with Alphabet Inc.'s Google Pay and, according to reports, Apple Inc.'s Apple Pay. The retailer will begin introducing tap-to-pay capabilities at select Walmart and

Google Quantum AI published a whitepaper on 31 March 2026 estimating that breaking Bitcoin's ECDSA 256 encryption requires fewer than 500,000 physical qubits, roughly 20 times fewer than 2019 projections. The research modeled a real-time transaction hijacking attack against Bitcoin's 10-minute

Silver rallied roughly 20% this month to trade near $71, driven by shifts in Federal Reserve policy expectations and Treasury Department actions. The August 7th jobs report showed the economy lost 23,000 jobs, eliminating September rate hike expectations, while Treasury Secretary Bessent this week d

Arthur Hayes, former CEO of BitMEX, revealed that Ethereum constitutes his largest portfolio position outside of Bitcoin in statements to crypto journalist Laura Shin as BTC climbed above $79,000 and ETH surpassed $2,400. Hayes cited Ethereum's lower risk of falling to zero compared to other

Zcash cryptocurrency is rising inside minor impulse wave 3, approaching the major resistance level at 683.00. The current wave broke above the key resistance level at 637.00, which previously stopped wave B at the start of July. The 683.00 level stopped a sharp uptrend in May. The rally occurs

Five U.S. federal agencies closed the public comment window on August 21, 2026, for a proposed rule requiring stablecoin issuers to identify their customers under the GENIUS Act. The Financial Crimes Enforcement Network (FinCEN), Office of the Comptroller of the Currency (OCC), Federal Reserve

Gold surged above $4,600 an ounce on Friday, reaching $4,620.14—its highest level in three months—as a weaker dollar and renewed concerns over U.S. finances pushed investors toward defensive assets. The move marked a more than 5% gain for the week, one of gold's strongest weekly advances this

U.S. District Judge James Donato ruled Thursday that Justin Sun's personal claims against World Liberty Financial will remain in open court, rejecting the Trump family venture's motion to compel arbitration on the individual claims. The ruling addresses a dispute over roughly $45 million in frozen W

U.S. spot ether exchange-traded funds attracted $220.8 million in net inflows on August 20, their largest single-day intake in 203 trading sessions spanning 296 calendar days, according to SoSoValue data reported by Cointelegraph. The previous comparable figure was $246 million on

Lido confirmed that over 1 million wstETH is now supplied on SparkFinance, a total valued at more than $3 billion. The disclosure marks a major milestone in institutional Ethereum staking, according to Lido's direct reporting. The wstETH supply on SparkFinance has doubled since the start of 2026,

Ray Dalio, founder of Bridgewater Associates, advised investors to reduce bond holdings and allocate 10-15% of portfolios to gold and some bitcoin in response to US fiscal crisis risks, according to Bloomberg. In a LinkedIn post, Dalio cited US government fiscal pressures including a $2 trillion

US hedge fund manager Citadel disposed of over 80% of the portfolio risk from assets acquired from AI-focused hedge fund Sycamore Situational Awareness, CNBC reported on the 21st local time. Citadel CEO Ken Griffin informed clients in a letter obtained by CNBC that the firm had already resolved more

Lee Kyung-min, FICC Research Director at Daishin Securities, forecast that KOSPI will break through its previous high of 9300 within this year in an interview with Money Today's YouTube channel. KOSPI fell more than 22% in July and has shown continued volatility this month, dropping 38% from its hig

Mark Connors, Chief Investment Officer at Risk Dimensions, stated that expanding the US Treasury Department's bond repurchase program could help Bitcoin reach its target level sooner in the current market cycle. According to the macroeconomics analyst, Treasury actions that reduce pressure on long-t

President Donald Trump hosted crypto industry executives at the White House this week and pressed Congress to pass a 'fair version' of the Clarity Act, referencing ethics provisions he says single him out. The SEC formally proposed Regulation Crypto Assets on Tuesday, and the CFTC held its first

Japan is accelerating development of deep-sea rare earth deposits near Minamitorishima Island, collaborating with the United States to reduce dependency on China. In February 2026, Japan successfully recovered rare earth-bearing sediment from approximately 6000 meters depth, with the seabed

Bitcoin posted its biggest weekly rally in two years, briefly topping $79,000 on Friday and fueling a broad surge across crypto markets. XRP jumped nearly 40% and crossed $1.40, while altcoins including Hyperliquid, Zcash, and Chainlink each gained more than 30% for