Gate Cryptocurrency News and Market Analysis

The USD/JPY exchange rate rose to 157.889 yen as of 10:27 AM ET on the 6th, marking three consecutive days of gains. The currency pair increased 0.166 yen (0.105%) from the previous session, driven by buying interest at lower levels despite potential additional intervention from the US and Japan. Th

Apollo Chief Economist Torsten Slok warned in a note on Thursday that the artificial intelligence infrastructure spending boom is building at a pace unmatched by previous investment cycles. Slok stated the AI buildout is accelerating at roughly 0.85 percentage points of GDP per year, compared with a

House Judiciary Committee Republicans sent a letter to South Korea's Media and Communications Commission on Thursday expressing concern over recently adopted online regulations they say could allow the government to censor

Blackrock led Bitcoin and ether exchange-traded funds to more than $305 million in combined inflows on Wednesday, extending the positive streak to three consecutive sessions. Bitcoin ETFs collected $244.42 million while ether funds attracted $60.86 million as institutional demand strengthened

Security researcher Vangelis Stykas, chief technology officer at security firm Kumio, spent 22 months infiltrating North Korean hacking infrastructure and discovered 1,640 victim organizations across 57 countries. Stykas presented his findings this week at Black Hat in Las Vegas, revealing he

Bitcoin miners pivoting to artificial intelligence and high-performance computing are experiencing diminishing investor enthusiasm for new infrastructure deals, according to analysis by Blocksbridge Consulting published in TheEnergyMag's Miner Weekly. The analysis reviewed 25 AI and HPC infrastructu

SWIFT introduced Swift Ledger, a platform designed to make liquidity visible in real time and enable 24/7 cross-border payments. The initiative aims to eliminate friction in traditional cross-border payments, which depend on pre-funded nostro and vostro accounts that lock up capital and slow

Grayscale completed its fund rebalancing process for the second quarter of 2026 as of August 3, updating asset weightings across its DeFi, Smart Contract, and Decentralized AI funds. The rebalancing included the first-time addition of BNB to the Smart Contract Fund at approximately 31% weighting. Th

MetaMask launched Agent Wallet on Thursday, a self-custodial wallet for AI-powered crypto trading. The wallet allows AI agents to execute on-chain transactions within user-defined restrictions, expanding MetaMask's push into AI-powered crypto trading and targeting traders and developers using AI age

Cloudflare open-sourced its Cloudflare OS platform on August 5, a workspace originally developed for employees to build applications using AI agents without requiring software development expertise. The company announced the platform's availability on GitHub in a blog post, stating thousands of Clou

Bitcoin traded in the mid-to-high $64,000s as of early August 2026, hovering around $64,600 according to CoinDesk market data, after climbing out of consolidation in the low $60,000s. The cryptocurrency has repeatedly tested the $65,000 level without breaking through, even as the S&P 500 surged to r

Block Inc, led by Jack Dorsey, is expected to increase its operating expenses in the second half of the year despite cutting roughly 40% of its workforce in February. Mizuho estimates that Block's adjusted operating expenses will rise from $4.48 billion in the first half to $4.56 billion in H2

Celsius Holdings (CELH) shares plunged 17% in premarket trading Thursday after the energy drink maker reported second-quarter revenue and earnings that missed Wall Street expectations. The company posted revenue of $817.9 million and adjusted earnings of $0.36 per share, both below analyst

US Treasury yields rose across maturities on the 6th as ongoing tensions over the Strait of Hormuz drove international oil prices up approximately 2%, triggering inflation concerns. The 10-year Treasury yield climbed 3.00 basis points to 4.650% as of 9:11 AM Eastern time, while the 2-year yield

Arthur Hayes, founder of BitMEX, purchased 22.64 million ENA tokens worth approximately $2 million over the past five days, according to on-chain data analytics platform Lookonchain. The latest transaction involved 10.9 million ENA tokens valued at roughly $985,000. Hayes' accumulation of ENA, the n

Eric Trump defended Elon Musk and SpaceX on Thursday, rejecting a Bloomberg column that criticized the SpaceX founder as a serial overpromiser. His comment came the same day 911 million restricted SpaceX shares became free to trade. SpaceX (SPCX) stock climbed 4.15% to $112.76 late Thursday

Ken Griffin's Citadel LLC acquired the bulk of Situational Awareness's public equities portfolio following a July market correction that forced the AI-focused hedge fund into emergency liquidation. Situational Awareness, led by former OpenAI researcher Leopold Aschenbrenner, operated with leverage r

Coinbase launched US stock trading for eligible UK users on Aug. 6, adding nearly 4,000 equities to its platform alongside existing crypto and fiat services. The rollout is part of the company's Everything Exchange strategy to combine traditional and digital assets in a single app. UK Managing

Fox Corp Stocks reported fiscal fourth-quarter earnings on Thursday, with overall revenue increasing 28% to $4.21 billion compared with the same period last year, driven by the FIFA Men's World Cup that took place in North America this summer. Advertising revenue shot up 78% to $1.92 billion

Alphabet (GOOG, GOOGL) is planning to raise as much as $25 billion from the debt market, according to a Bloomberg report published Thursday. A regulatory filing showed the company is offering notes in as many as 10 parts, with maturities ranging from two to 40 years. The proposed offering would mark