Gate Cryptocurrency News and Market Analysis

U.S. power companies Constellation Energy, Vistra, NextEra Energy and Dominion Energy secured major deals and faced regulatory scrutiny last week. Constellation Energy announced a long-term electricity agreement with Google covering 3,590 megawatts, while Vistra received a conditional $4.2 billion f

John Conneely discussed stablecoin growth and institutional adoption potential at CapSummitGlobal in Singapore. The event, highlighted by crypto commentator @SkyEcosystem, featured experts from Spark Finance and LayerZero_Core exploring strategies for institutional engagement with stablecoins. The d

US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on October 12 for their work on microeconomic foundations of macroeconomic stabilization, the Royal Swedish Academy of Sciences announced. The prize, formally known as the Sveriges Riksbank Prize

China announced plans for a national blockchain network in a policy document from the Communist Party of China Central Committee and the State Council, made public by Xinhua. The document, titled 'Opinions of the CPC Central Committee and the State Council on Developing New Productive Forces,'

Robinhood Chain's launch on July 1 drove weekly decentralized exchange volume in tokenized stocks to $3.4 billion, according to data shared by Token Terminal. The figure represents a 447% increase from the previous weekly average of $627 million. The surge reflects growing interest in tokenized

UK authorities have frozen an £8.9 million London penthouse overlooking Buckingham Palace owned by Thet Li, the alleged finance chief of Prince Group, The Times reported Sunday. Li, 39, purchased the 13th-floor apartment near St James's Park in 2022. The freezing order followed a Foreign Office

Gitcoin (GTC) surged more than 100% intraday on October 12 after Upbit announced trading support for the token in its KRW and Tether (USDT) markets. The price spike occurred following Upbit's announcement

Tom Lee, co-founder of Fundstrat and chairman of BitMine, predicted Ethereum could surpass $5,000 before the end of 2026. Lee outlined an optimistic outlook for the world's second-largest cryptocurrency despite its recent price weakness, with Ethereum trading around $2,560 on October 12, in an

Binance's bStocks continue to operate during weekends when Wall Street is closed, according to Token Terminal. The median weekend day in Q3 saw $142.2 million in DEX volume, reflecting a shift in trading habits as investors seek opportunities outside traditional market hours. This development

Wallet 0x35b2 executed 1,012 trades on the $PAPER platform, generating $10.1 billion in trading volume, according to analysis shared by @lookonchain. Despite incurring $979,000 in trading losses, the wallet achieved an overall profit of $17,800 by earning 252 million $PAPER tokens and

Reddit user markpronkin purchased a used crypto mining rig for $35 (3,000 rubles) containing nine Nvidia P106-100 GPUs with 54GB of total VRAM, originally discovered in a damp garage. The buyer negotiated the price down without testing the equipment, taking a risk on hardware the seller could not ve

Bank of Korea Governor Rhee Chang-yong announced on Oct. 12 that the central bank has no plans to pursue a retail central bank digital currency for the general public, while expressing support for won-denominated stablecoins. Rhee made the remarks during a parliamentary audit before the National

The US September Consumer Price Index (CPI) will be released on October 14, making it the final inflation report before the Fed’s October 28 rate-setting meeting. Meanwhile, the 10-year US Treasury yield has risen to 5.24%, while the 30-year yield has reached 5.60%, with both at their highest levels since 2002. For the crypto market, these two variables are simultaneously tightening the valuation anchors for risk assets. As of October 12, 2026, Gate market data shows BTC/USDT at $83,300, with a

SUI crypto trades at $1.12, up 2.2% over 24 hours, following the Sui Foundation's $30 million investment in DATA Network. Under the partnership, DATA will retire its independent chain and migrate its existing token to a Sui-native protocol on a 1:1 basis, with Walrus becoming the default storage

Payward, the parent company of cryptocurrency exchange Kraken, received approval from the Virtual Assets Regulatory Authority (VARA) on Oct. 6 for its local entity, Payward FZCO, to provide crypto services in the United Arab Emirates (UAE). The approval enables Kraken to offer spot and margin

The Korea Securities Association held its 3rd Industry-Academia Cooperation Seminar on the 12th at the SK Securities Building in Yeongdeungpo-gu, Seoul, focusing on the development direction of pension fund OCIO (Outsourced Chief Investment Officer) markets. Industry representatives and academic

President Donald Trump announced on October 11 that Russia and Ukraine had agreed to an energy ceasefire to stop attacks on energy facilities, stating via social media that the ceasefire would take effect immediately. Ukrainian President Volodymyr Zelenskiy told Axios he was hearing about the ceasef

U.S. crypto-linked stocks rose in premarket trading on October 12, according to BlockBeats. ABTC led the gains, climbing 4.79% before the market opened. Individual Stock Performance in Premarket Trading BitMine (BMNR) advanced 2.79% in premarket trading. Circle (CRCL), Strategy (MSTR), and

CTK experienced an 11.32% price decline in the last hour, falling from $0.129 to $0.1144 amid significant selling pressure. The drop reflects growing uncertainty as the broader crypto market exhibits mixed signals and increased volatility. Over the past 24 hours, CTK recorded a 13.60% decline