Gate Cryptocurrency News and Market Analysis

Crypto Tax in India faces mounting challenges as offshore exchanges account for approximately 95% of India's VDA trading volume in FY 2025-26, according to a report from the TIOL Knowledge Foundation. The 1% TDS and 30% tax on crypto profits have reportedly driven traders away from domestic

Austan Goolsbee, President of the Chicago Federal Reserve Bank, stated in an interview on the 13th local time that the Federal Reserve needs to see some progress before returning to its previous interest rate cut path. Speaking with internet media outlet Semafor, Goolsbee emphasized the Fed

South Korea's GDP per capita is projected to surpass $40,000 for the first time this year, reaching $43,512, according to the International Monetary Fund's World Economic Outlook statistics database published on October 13. The IMF forecasts next year's figure at $49,277, marking a $10,863 lead

Celo launched buy, an online marketplace enabling artificial intelligence agents to purchase digital tools and services directly on its blockchain, with payments supported in USDC, USDT, and USAT. The platform provides access to more than 700 tools across computing resources, data services, and

Uniswap announced a comprehensive analysis of its StablePair Hook feature, highlighting its capabilities for liquidity strategies. The announcement coincides with the launch of USDG liquidity on Arbitrum, aimed at providing traders with new asset yielding options. The StablePair Hook represents Unis

BlackRock downgraded U.S. stocks from overweight to neutral on October 12, citing market volatility and attractive bond returns. The world's largest asset manager upgraded short-term U.S. Treasuries to overweight and longer-term Treasuries to neutral as 10-year Treasury yields reach

Broadcom CEO Hock Tan warned that speculative investing in artificial intelligence increasingly resembles casino gambling during a technology panel in Singapore on October 12. Samsung Electronics shares fell approximately 7.4% on Tuesday, October 13, while SK Hynix plunged 10%, extending a broader r

The Bank for International Settlements (BIS) published research examining the relationship between stablecoins and traditional bank deposits. The study found that higher US bank deposit rates are linked to slower growth in stablecoin adoption. This finding highlights a competitive dynamic between st

The Financial Stability Board (FSB) issued a warning regarding global stablecoins, asserting their potential to become systemically important across multiple jurisdictions. The FSB's statement highlights the need for careful monitoring of vulnerabilities in these digital assets. The announcement com

Leintel launched a blockchain intelligence and recovery coordination platform designed to help victims of digital asset fraud trace stolen funds and connect with vetted recovery professionals worldwide. The service combines on-chain investigations, evidence preparation, secure escrow mechanisms, and

Binance launched an AI tool designed to provide personalized market insights and portfolio analysis for its users. The cryptocurrency exchange introduced the feature to streamline the trading experience by allowing users to access relevant information

Aptos activated an opt-in encrypted mempool on its mainnet on October 12, using batched threshold decryption where validators decrypt transactions only after blocks are finalized. The feature, approved through governance proposal AIP-144, prevents validators from reading pending transaction

KB Kookmin Card and SBI Holdings signed a four-party memorandum of understanding announced on October 13 to test artificial intelligence agent identity verification and explore stablecoin payments for Japanese tourists visiting South Korea. The agreement includes South Korean cybersecurity firm

Oil prices fell nearly 2% on October 13 as the United States eased sanctions on Russian diesel, raising hopes of additional fuel supplies despite continuing disruptions across the Middle East. Brent crude futures declined $2.02, or 1.89%, to $104.63 per barrel at 10:49 GMT, while West Texas

DenariaFinance launched its perpetual trading platform at Arbitrum's Open House, as announced by co-founder Tiziano Tridico. The platform aims to enhance the trading experience within the decentralized finance (DeFi) sector. The launch occurs within a highly competitive DeFi market where multiple

SK hynix closed at 1,443,000 won on October 13, 2026, down 162,000 won or 10.09 percent from the prior session's 1,605,000 won. The decline occurred as KOSPI fell 5.46 percent to 6,035.35 and a sell-side sidecar triggered at 9:47:58 a.m. after KOSPI 200 futures dropped 5.08 percent. Foreign

Iran is strengthening defenses around its nuclear facilities in preparation for a potential military confrontation with the US after the November midterm elections, The Wall Street Journal reported on October 13. Iranian officials stated they would expand any military response across the Middle

SpaceX pre-IPO stockholders face a nine-step lock-up schedule rather than a single expiry date, with five tranches already released and the largest unlock tied to an unannounced third-quarter earnings report. SPCX closed at $163.42 on 12 October, trading 21% above the $135 offer price, according to

JPMorgan reported that the crypto market attracted approximately $50 billion in inflows in 2026. The annualized pace now approaches $66 billion, up from $52 billion in May, though this remains about half of last year's total. The increase reflects a