Gate Cryptocurrency News and Market Analysis

Alchip Technologies (stock code 3661) reported Q3 revenue growth of 242.8% quarter-over-quarter and 298.6% year-over-year, with a gross margin of 17.95%. The ASIC design service provider posted net profit of 32.5 billion TWD, representing increases of 98.4% QoQ and 144.8% YoY, with earnings per

Frigade has released Yogurt, an MIT-licensed local AI meeting notes app that records calls and runs transcription and summaries on-device. The Y Combinator-backed company says Yogurt captures microphone and system audio without adding a bot to the call, and that recordings, transcripts, and generate

Jupiter, a Solana-based trading ecosystem, announced four new products 2 days ago while its native token JUP maintained relative price strength as the broader cryptocurrency market experienced declines. The protocol introduced Baskets, Vaults, Pulse, and Portfolio V3 under its Aggregate Everything s

U.S. spot Bitcoin exchange-traded funds recorded five consecutive days of net outflows totaling $1.44 billion between November 5 and November 11, as institutional investors withdrew capital following Bitcoin's failed attempt to sustain prices above $80,000. Bitcoin briefly reclaimed $80,000 on Novem

TRM Labs launched Beacon Concierge on November 12, a global cryptocurrency seizure service that has helped intercept more than $200 million in suspected illicit digital assets through its Beacon Network. The service allows verified law enforcement agencies to coordinate with cryptocurrency

BlackRock's tokenized Treasury fund BUIDL gained access to a $100 million liquidity facility on November 12, enabling eligible institutional investors to exchange fund shares for stablecoins 24/7, including weekends when traditional financial markets remain closed. The facility, announced by

Nvidia CEO Jensen Huang resigned from his positions as president, CEO, and board director, ending a 33-year leadership tenure at the company he co-founded in 1993. NVDA shares plunged nearly 10% following the announcement, which the board confirmed minutes ago. The company appointed Chief

JPMorgan increased its Bitcoin exposure during the third quarter ending September 30, raising its Strategy holdings by 36% to 848,932 shares worth $131.3 million and adding 1 million shares of BlackRock's iShares Bitcoin Trust (IBIT) to reach 11.4 million shares valued at $540 million. The bank's ex

Wall Street launched the KICK Space Data Center & Infrastructure Index ETF, filed with the SEC on November 13, targeting companies involved in orbital data centers, advanced computing hardware, and space infrastructure. The fund arrives as investors increasingly question the sustainability of AI

The Pentagon struggles to account for 26 million F-35 aircraft parts worth $31 billion, according to a Government Accountability Office (GAO) analysis published this week. The GAO criticized the current inventory tracking system as 'outdated, inaccurate, and incomplete,' citing long-standing

Alphabet reported that Google Cloud revenue grew 103% year over year to $30.7 billion in the third quarter. CEO Sundar Pichai said the performance was "powered by huge demand for our AI infrastructure and AI solutions," and demand for the company's Tensor Processing Units was also described as robus

Volatility Shares filed a November 13 SEC registration for a 2x leveraged exchange-traded fund targeting Anthropic, the artificial intelligence company preparing its Nasdaq debut. The proposed ATHX fund aims to deliver twice Anthropic's daily stock performance before fees and expenses, joining

The US government holds cryptocurrency assets valued at approximately $20.57 billion, according to on-chain analytics platform Onchain Lens on Nov. 14. The holdings include 306,790 Bitcoin and 17,430 Ether. Onchain Lens reported these figures based on blockchain data tracking government-controlled

Cisco Systems (NASDAQ: CSCO) reported record quarterly revenue of $18.5 billion, a 24% increase from the prior year, and raised its fiscal 2027 AI infrastructure revenue forecast to $9 billion. Adjusted earnings reached $1.40 per share, up 40% year over year. The stronger outlook reflects

Telegram founder Pavel Durov announced that more than 1 million self-custodial wallets were created on the messaging platform within a 48-hour period. The growth resulted from an auto-activation feature that creates wallets automatically when users receive Grams, Telegram's native cryptocurrency. Th

BNY Mellon signed a five-year digital asset custody agreement with the Invesco Galaxy Bitcoin ETF, effective November 6, according to a November 12 SEC filing. The agreement expands the Wall Street banking giant's role from cash custodian to direct safeguarding of cryptocurrency for institutional in

The Bitcoin Policy Institute proposed on November 14 using surplus wind power in Scotland for Bitcoin mining to address grid inefficiencies caused by transmission bottlenecks. Scotland has rapidly expanded its wind generation capacity, but lacks sufficient infrastructure to transmit electricity to

OpenAI introduced ChatGPT Wallet on November 13, partnering with Visa, Mastercard and American Express to enable AI agent purchases for eligible US users. Google expanded its Universal Commerce Protocol-powered checkout to Canada on November 4, working with retailers including lululemon and

Eric Voorhees, founder of crypto trading platform ShapeShift, purchased 48,647 Ether over the past four days through multiple wallets, according to on-chain analytics platform Lookonchain on November 14. The wallets spent approximately $97 million at an average price of $1,994 per Ether. Lookonchain

Pump.fun, a Solana-based memecoin issuance platform, has sold more than $720 million worth of Solana on a cumulative basis according to on-chain data. The platform monetizes by collecting fees in Solana from users' memecoin issuance and trading activity, then transferring the tokens to exchanges for