Gate Cryptocurrency News and Market Analysis

UnitedHealth Group posted third-quarter earnings that exceeded Wall Street estimates on Tuesday and raised its full-year profit outlook as the nation's largest private insurer continues to manage high medical costs. The company reported adjusted earnings of $4.69 per share versus the $4.14

Kraken received Full Market Approval from the Dubai Virtual Assets Regulatory Authority (VARA) to expand operations in Dubai. The approval allows users to fund accounts in dirhams, trade AED pairs, and stake on-chain. Kraken aims to capitalize on growing interest in digital assets in the region and

South Korean government bond yields fell sharply on the 13th as foreign investors purchased bond futures heavily amid a steep decline in the domestic stock market. The 3-year government bond yield dropped 6.4 basis points to 3.857%, while the 10-year yield fell 7.7bp to 4.229% and the 30-year yield

Blur announced its website will close on November 12, 2026, while its Ethereum NFT marketplace contracts remain operational. The closure follows a trading volume collapse of more than 99.5% from the marketplace's 2023 peak. Blend, Blur's NFT lending service, will stop matching new loans on the

Bitcoin fell below $82,000 on Monday as $771 million of leveraged crypto positions closed over 24 hours, according to CoinGlass liquidation data cited by The Block. Longs accounted for $685.6 million, or 88.9% of the total. The drop occurred as leverage was building again around Bitcoin, testing lev

Cerebras Systems closed at $146.62 on Monday, down 10.69% in its lowest close since the company went public. The stock is now 20.7% below its $185 IPO price, 52.9% below its $311.07 first-day close, and 62.0% below the $386.34 intraday high set on its first trading day. The decline comes ahead of a

The USD-KRW exchange rate climbed to the mid-1,340 won range on the afternoon of October 13, driven by large-scale foreign stock selling and rebound buying pressure. At 3:30 PM, the rate surged 10.00 won from the previous Seoul session close to 1,345.10 won. The increase occurred as custody dollar b

Valerie Ramey, chair of the National Bureau of Economic Research's Business Cycle Dating Committee, warned on Oct. 12 that South Korea should prepare for an economic downturn next year due to its proposed 821 trillion won ($592 billion) super budget. Speaking on Stanford University's campus the

Japanese Bitcoin investment firm Metaplanet announced on Oct. 13 plans to issue ¥52 billion ($347 million) in convertible bonds. The zero-coupon bonds, due in 2031, will repay Bitcoin-backed debt and fund a share buyback program. Metaplanet expects to raise about ¥51.9 billion, allocating ¥23.6 bill

U.S. institutions are selling Bitcoin at a pace faster than retail investors on Binance, according to observations shared by CryptoQuant. The selling pattern reflects responses to geopolitical and macroeconomic factors. This divergence between institutional and retail trading behavior marks a

Chinese stocks closed higher on the 13th, with the Shanghai Composite Index rising 0.10% to 3,800.86 and the Shenzhen Composite Index gaining 0.08% to 2,329.11, despite a morning sell-off triggered by global AI tech concerns and broader Asian market weakness. The afternoon rebound was driven by

US stocks reached record highs as of October 12, with a notable shift in market leadership emerging within the artificial intelligence rally. Memory and CPU-related shares that dominated the first half have struggled to regain momentum despite strong earnings, while Big Tech stocks approach

The US government transferred 17,733 Bitcoin to Coinbase Prime in a move that digital-asset research firm K33 Research interprets as a custody operation rather than a sale. BlockBeats reported on October 13 that K33 Research stated the transfer is hard to interpret as a sell signal, citing Coinbase

South Korea's Financial Intelligence Unit ordered a domestic access ban on 27 websites operated by unregistered overseas crypto exchanges, including KuCoin, MEXC, Phemex, BingX, and BitMart, following reviews held on October 6 and 7. The FIU assesses local operation using factors including

As of October 13 Beijing time, Gate stock market data showed that Microsoft (NASDAQ: MSFT) shares closed at $541.15, up 1.14% on the day, pushing its total market cap back above $4.02 trillion. This price was less than 2.3% below its 52-week high of $553.72 and also approached the all-time intraday peak set in July 2025. The direct catalyst driving the stock higher was Microsoft's official release of its third-generation proprietary AI accelerator chip, Maia 300, on October 12 local time, along

FX swap points in South Korea's foreign exchange market declined on the 13th as asset swap volumes dominated trading ahead of the US Consumer Price Index (CPI) release. The 1-year maturity FX swap point closed at -13.90 won, down 0.30 won from the opening price, while shorter maturities also

Chinese fraud victims seeking to recover 61,000 Bitcoin seized by the British government lost a key legal battle after London's High Court ruled on Monday that Chinese law, rather than English law, must govern ownership claims to the assets. Justice Mark Turner rejected arguments for applying Englis

XRP price fell to $1.38, declining 2.5% over 24 hours, as crypto markets faced pressure alongside Asian equities, with South Korea's KOSPI dropping more than 6%. The decline coincided with over $800 million in liquidations across crypto exchanges over 24 hours, with long positions accounting

Ledger confirmed that malicious implants in hardware wallets sold by CryptoBilis captured users' 24-word recovery phrases from device screens and transmitted them over cellular networks. Ledger Donjon, the French hardware wallet maker's security research team, found that the implants used a

The Bank of Japan is expected to keep its benchmark interest rate unchanged this month, according to an Odaaily report on October 13. BOJ officials do not see a strong need for consecutive rate hikes, as there is no sign of a sudden increase in inflation risks. The central bank raised its benchmark