Gate Cryptocurrency News and Market Analysis

MOVR surged 14.57% in the past hour, reaching $1.997. The cryptocurrency recorded a 24-hour gain of 65.04%, climbing from a low of $1.21 to a high of $2.027. Trading volume reached $48,873,849.02 over the past 24 hours. No confirmed catalyst is evident for the surge, though the sharp rise in

US President Donald Trump announced on the 30th (local time) specific investment projects under South Korea's $350 billion strategic investment package, including a Texas gas power plant, eight large nuclear reactors, and Alaska LNG development. The announcement at the White House with Commerce

POSCO International is acquiring Pennsylvania shale gas assets for $550 million, with completion expected in mid-November. On the 30th, shares of POSCO International and LX International surged 4.60% and 7.18% respectively, driven by expectations that major Korean trading companies will post

US stock indices closed mixed on September 30 as the Dow Jones Industrial Average fell 443.87 points (0.86%) to 50,906.05, while the Nasdaq Composite rose 63.52 points (0.24%) to 26,861.06 and the S&P 500 declined 19.30 points (0.25%) to 7,651.54. August Personal Consumption Expenditures (PCE)

Five major South Korean cryptocurrency exchanges hold 11.629 million real-name accounts as of July end, but only 3.795 million users—32.6%—actively trade, according to data submitted to National Assembly Finance Committee member Park Sung-hoon by Upbit, Bithumb, Coinone, Digital X, and Gopax. The

The US Commerce Department released revised Personal Consumption Expenditures (PCE) inflation data on local time September 30, showing lower historical readings after methodology changes. July headline PCE inflation was revised down to 3.4% year-over-year

US President Donald Trump announced South Korea's $200 billion investment plan in American energy projects, featuring eight nuclear power plants, a Texas gas combined-cycle plant, and the Alaska LNG pipeline project. The announcement highlighted the $54 billion Alaska LNG development as a

Smart ring manufacturer Oura postponed its Nasdaq listing one day before the scheduled IPO on September 29 (local time), citing uncertainty in the IPO market. The Finland-founded company, now headquartered in San Francisco, had filed with the U.S. Securities and Exchange Commission on the 21st to ra

Smart ring manufacturer Oura postponed its NASDAQ listing on September 29 (local time), one day before the scheduled debut, citing IPO market uncertainty. The Finland-founded company, now headquartered in San Francisco, had filed with US securities authorities on the 21st to raise up to $2.2

The U.S. Securities and Exchange Commission charged Meyer Global Management and its Chief Executive Officer Owen Meyer with defrauding retail investors, as reported by Cointelegraph on October 30. The SEC alleged that Meyer Global and Meyer misled investors in private-fund investments tied to

Binance Pay integrated with Japan's PayPay merchant network starting Wednesday, enabling eligible overseas users to spend more than 100 cryptocurrencies at the majority of PayPay-supported merchants. The integration connects Binance Pay with PayPay through HIVEX, a payment interoperability

US President Donald Trump promoted his administration's achievements on Iran, immigration, and the economy at a White House Hispanic Heritage Month celebration on September 30 (local time), one month before November midterm elections. Trump's outreach comes as recent polling shows his approval

Alexander Orlovsky, founder of Financial Freedom Academy (FFA), organized a fraudulent scheme that affected approximately 15,000 crypto investors, with total losses of around $4 million. According to victims, Orlovsky and his accomplices solicited funds without proper licenses under the guise of selling “courses” and “crypto investments,” but the services were provided in name only. According to the complaints, Orlovsky was connected to the Russian platform VELES and used Russian services to att

Meta stock closed at $725.18 Wednesday, marking a 27% increase from $572.34 at the end of August and representing the company's best monthly performance since November 2022. The surge followed the Sep. 8 debut of Muse, Meta's personal AI agent app, which topped rival OpenAI's ChatGPT in Apple iOS

Alphabet unveiled Gemini 4 Argon on Wednesday, its most advanced artificial intelligence model, offering major improvements in coding, cybersecurity, and complex professional work. The company said the model sets a new record in real-world software engineering, ties for first in cybersecurity, and l

The KOSPI closed at 6,838.04 on the last trading day of Q3, down 0.48% from the previous session, as South Korea's benchmark stock index navigated a challenging quarter marked by elevated discount rates and geopolitical tensions. Despite the decline from its June peak of 9,114.55—a 25.0% drop—the in

XDC Network is pushing blockchain technology to improve cross-border trade efficiency and transparency, Cointelegraph reported on October 30. The blockchain platform focuses on using blockchain to enhance connectivity across cross-border transactions. Global trade currently operates through a

US 10-year Treasury yields hit 5.304% intraday on the 30th (local time), the highest since May 2002 and above the 2007 peak of 5.303%, per TradeWeb data cited by the Wall Street Journal. The Commerce Department revised second-quarter GDP growth to 2.2% from 1.5%, while core PCE inflation

US 10-year Treasury yields reached 5.304% intraday on the 30th (local time), marking the highest level since May 2002 and surpassing the 2007 peak of 5.303%, according to Tradeweb data cited by the Wall Street Journal. The surge occurred despite below-forecast inflation data, driven by a stronger-th