Gate Cryptocurrency News and Market Analysis

Tesla Inc. and Space Exploration Technologies Corp. will report earnings this week, with SpaceX scheduled for Tuesday and Tesla for Wednesday. Meta Platforms Inc. is set to report Wednesday after the bell, kicking off a

A Reuters/Ipsos poll conducted Sept. 30-Oct. 5 found that most Americans oppose betting on US elections, with 69% of Democrats and 61% of Republicans against using prediction markets for election results. The survey of 4,506 adults nationwide revealed opposition amid ongoing regulatory disputes

Monero (XMR) broke above $600 on October 18, advancing approximately 6% during the trading session and extending a recovery that follows veteran trader Peter Brandt's bullish assessment of the privacy-focused cryptocurrency earlier this month. The move comes four days after analysts

The Bitcoin Policy Institute released the third-quarter update of its 'Money for AI' study, prompting Strategy executive chairman Michael Saylor to comment on X that smart money saves in Bitcoin. The research examines which forms of money AI models would select if they operated as autonomous

Nvidia closed Friday, October 16, 2026, at $214.13, down $3.10 or 1.43 percent from Thursday's $217.23, marking a weekly decline of 6.61 percent from the October 9 close of $229.28. The drop occurred within the

David Schwartz warned cryptocurrency holders on October 16 about a suspicious SecuX wallet notification directing users to a phishing website. The Ripple CTO Emeritus discovered the notification requested 12- or 24-word recovery phrases. The warning emerged as SecuX announced emergency maintenance o

The XRP Ledger's fixCleanup3_4_0 amendment has secured 30 votes from 36 trusted validators, exceeding the 29 required for approval and positioning the upgrade for projected activation on October 23 at 09:34 UTC. The amendment first achieved supermajority support on October 9, triggering a two-week c

Anthony Welfare, former Ripple CBDC adviser, stated that banks could increasingly adopt the XRP Ledger without generating proportional demand for XRP. Speaking on the AllinCrypto Podcast, Welfare argued that technological capabilities alone cannot guarantee

Bank for International Settlements economists Iñaki Aldasoro and Rashad Ahmed published a working paper finding that higher bank deposit rates predict slower stablecoin market growth, using U.S. data from January 2019 through June 2025. The research showed that a one-basis-point increase in deposit

Netflix closed Friday 16 October 2026 at $70.53, down $2.08 or 2.86 percent from Thursday's $72.61, as the stock experienced volatility ahead of its third-quarter earnings report scheduled for Tuesday 20 October 2026. The week of 12-16 October was actually up $0.23 or 0.33 percent from the prior Fri

Nvidia released an official DLSS 5 Neural Rendering model version 310.9.16.0 with NBA 2K27, and modders immediately extracted it for use on unsupported games. The performance gains stem from Nvidia's optimization of the AI model, which the company states uses 20% less VRAM at 4K resolution and

The Nasdaq-100 closed October 16 at 29,187.55, down 6.52% from its October 6 closing high of 31,224.69, falling short of the 10% correction threshold of 28,102.22. The decline was driven by a concentrated selloff in semiconductor stocks, with the SMH chip ETF falling 14.66% from its October 6 close

Amazon launched its Bee Frontier wearable and Bee Eclipse card-shaped device on Thursday, joining Apple and Meta in releasing AI-powered devices that continuously listen to and process users' conversations. Apple unveiled its Watch Series 12 in September with features including Siri

SemiAnalysis reported that more than 300 local data center construction moratoriums across 17 states as of September have delayed only three US projects totaling approximately 2.3 gigawatts out of 21 gigawatts in moratorium areas, with 38 gigawatts projected to come online in 2027. The research

In US Stock Market News, the tech-heavy Nasdaq index plunged 2.15% on Friday as major semiconductor stocks suffered heavy losses. AMD, Intel, and Micron Technology all recorded declines of over 5%, while the Philadelphia Semiconductor Index dropped nearly 4%, extending its losing streak to 8

Anthropic is lobbying for an AI safety bill that sets a $1 billion damage threshold or 50 deaths as the trigger for government intervention in AI model releases. According to Politico, the proposed legislation would authorize the Commerce Department to seek federal court orders blocking AI model

The Invesco S&P 500 Equal Weight ETF (ticker RSP) closed at $214.09 on 16 October 2026, down $0.91, or 0.42%, from the previous session's $215.00. The closing price remains $8.68, or 3.90%, below the highest close recorded in the Nasdaq historical file, $222.77 on 14 August 2026. The decline

In US Stock Market News on Tue, Sep 1 2026, the three major US stock indexes closed in the red, with the Dow Jones Industrial Average shedding 419.02 points or 0.79% to finish at 52,766.88 (12:00 PM IST approximately). The S&P 500 declined 0.71% to 7,631.47, while the Nasdaq Composite fell 1.03% to