Gate Cryptocurrency News and Market Analysis

CoreWeave shares fell about 12% on Oct. 16, extending a volatile three-day stretch that saw the stock plunge 15% on Oct. 14 and rebound 6% on Oct. 15. The AI infrastructure company faces debt-servicing pressure, with about $13.5 billion in principal and interest due by the end of next year against p

Solana network reports 1,400 transactions per second (TPS) today, according to the official Solana account. The network is moving towards achieving 150 milliseconds in finality. These performance metrics indicate growing network efficiency as Solana advances its technological capabilities. The

LG Uplus is forecast to achieve a 90% year-over-year increase in operating profit for Q3, driven by growth in its AI data center business and cost savings from voluntary retirement conducted last year. According to a compilation by Yonhap Infomax of forecasts from seven securities firms that

Shinhan Investment & Securities researchers Kim Chan-hee and Ko Da-young released a report on October 17 forecasting a gradual bullish trend in South Korea's treasury bond market in the first half of next year, driven by clarity on the Bank of Korea's final base rate trajectory and execution of

Arbitrum achieved over 7,400 real-world assets (RWAs) this week alongside launching a new revenue line that generated more than $200K in fees. The platform introduced the Stablecoin Growth Program to incentivize teams to prioritize $USDG as their primary stablecoin. These developments aim to

The Bank of Korea projected that US long-term interest rates, stock prices, and the dollar would decline if Democrats win control of both the Senate and House in the midterm elections scheduled for November 3, according to a recent report. The BOK's Washington office and New York office attributed t

Visa and payment infrastructure company i2c Global commercially launched a stablecoin-based pre-funding service on October 16, allowing businesses to top up payout balances around the clock using Circle's USDC. The service enables corporate customers to process cross-border payouts without being

Nvidia CEO Jensen Huang argued that US export controls on advanced computing should be extremely selective, warning that broad restrictions could backfire during a 90-minute podcast with Lex Fridman released on October 13, 2026. The conversation occurred during Huang's visit to Taiwan connected to C

Strategy Inc, the Bitcoin treasury company formerly known as MicroStrategy and run by Michael Saylor, overtook JPMorgan in trading volume to become the 19th most-traded stock in the United States. In mid-2026, MSTR regularly moved between 15 and 25 million shares daily, with volume climbing to

The US dollar weakened on October 16 following remarks by Federal Reserve Chair Kevin Warsh stating he would not pre-judge policy decisions at the upcoming October Federal Open Market Committee meeting. Warsh told IMF Managing Director Kristalina Georgieva he does not believe in signaling actions

North American Derivatives Exchange certified US dollar-settled perpetual futures on the SEI token on October 8, 2026. The CFTC-regulated venue operates as OG.com Markets. The contracts were expected to list by October 12. SEI becomes the fifth crypto asset with CFTC-regulated perpetual futures on a

Pump.fun, a Solana-based token launchpad, rolled out a new fee structure effective October 17, 2026, introducing 0% trading fees on Solana trades through its mobile app alongside a 0.45% platform fee on trades placed via app or web. The platform will redirect all revenue from the 0.45% fee to

The United States blocked $25 billion in Iranian oil exports and froze nearly $350 million in cryptocurrency assets, according to CENTCOM commander Adm. Brad Cooper. The actions are part of the ongoing U.S.-Iran conflict characterized by military and economic tensions. The blockade and asset

Korea Investment & Securities analyst Ahn Jae-kyun issued a report on October 17 predicting the Bank of Korea will freeze its benchmark rate in October while maintaining a hawkish policy tone, with one dissenting vote

President Donald Trump said on Oct. 16 that Hyundai had announced a $560 million investment to expand its plant in West Point, Georgia. Trump made the remarks during a midterm campaign rally in Dalton, Georgia, citing foreign companies' investment in the US as an example. The investment plan by Hyun

Tokenized US Treasuries reached $15.42 billion during Q2 2026, representing a 125% growth, according to a Chainalysis report. The asset class contributed the largest dollar addition among tokenized assets, adding $8.56 billion as the total tokenized real-world asset market expanded to $36.07 billion

Bank of America strategist Sebastian Raedler issued a warning that the AI spending surge is following the path of past investment booms that ended in disappointment. Hyperscalers are now expected to spend $1 trillion over the next 12 months, up from $330 billion in early 2025, according to Raedler's

The Ethereum Foundation announced a collaboration with OpenAnonProject, emphasizing the critical importance of privacy primitives as reliance on artificial intelligence technology increases. According to a recent tweet by the Foundation, safeguarding personal data becomes essential to prevent

Democratic and Republican campaigns released Federal Election Commission filings Thursday detailing fundraising from July through September 2026, the final major snapshot before Nov. 3 Election Day. Democratic candidates significantly outraised Republican opponents in direct contributions across