Gate Cryptocurrency News and Market Analysis

At the October 16 U.S. market close, Gate stock market data showed Apple (NASDAQ: AAPL) at $343.46, up 0.43%, with a 1.61% gain over the past 5 days. The after-hours price was $342.62, down $0.84, or 0.24%. During the same period, Apple's first foldable iPhone, the iPhone Duo, became available for preorder. Within minutes of preorders opening, the estimated shipping date moved from November to December and was then pushed back further to the end of January 2027. All storage configurations from 2

BlackRock is exploring ways to use tokenized assets as collateral and a means of payment in traditional finance, Bloomberg reported on October 18. The world's largest asset manager is focusing on improving how tokenized stocks, bonds, and money market funds are transferred and used as collateral

Anthropic announced on October 19 that it had established the Anthropic Public Benefit Fund and planned to contribute a portion of its shares to this wholly owned entity, whose sole objective is to serve the public interest. The fund’s initial size is 5% of Anthropic’s shares. Elon Musk replied to the announcement on X, suggesting that the shares be “distributed directly to the public,” and added, “That is exactly what I am going to do.” Public Benefit Fund Structure: 5% Initial Commitment Plus

Bitcoin (BTC) staged a sharp short-term rebound at the start of the week, trading at around $82,520 on October 19. Japan’s three major financial groups jointly announced that they had successfully completed a proof-of-concept test for issuing a yen stablecoin and facilitating cross-border corporate payments. Strive increased its holdings by nearly 7,600 BTC over the past two weeks, bringing its total holdings to 35,595 BTC and prompting investment bank TD Cowen to raise its price target from $44

Asset management firm Flashlight Capital Partners (FCP) launched a public activist campaign against Korean confectionery company Orion on the 19th, sending an open letter to the board with five demands. FCP criticized the owner family for receiving excessive compensation without board

Deutsche Bank's chief U.S. economist Matthew Luzzetti proposed reducing the Federal Reserve's Federal Open Market Committee (FOMC) meetings from eight to six times annually, according to a recent report cited by Yahoo Finance on local time May 18. The proposal aims to allow policymakers to access

South Korean Vice Premier and Finance Minister Lee Hyoung-il reaffirmed Oct. 16 that the government will finalize its decision on cryptocurrency taxation only after comprehensive stakeholder consultations, according to an Edaily report published Oct. 19. Lee made the statements to traveling

The European Securities and Markets Authority (ESMA) issued an opinion on October 8 addressing stablecoins that do not meet requirements under the Markets in Crypto-Assets (MiCA) regulation. Licensed crypto-asset service providers (CASPs) in the European Union must not offer services related to

South Korean opposition party People Power Party lawmakers held a press conference on October 19 criticizing the government's decision to increase the National Pension Fund's domestic stock investment ratio, calling it a 'pension fund casino' that uses citizens' retirement funds as collateral. The l

NEAR Protocol announced post-quantum readiness for user accounts, according to co-founder @ilblackdragon. The update addresses security threats from advancing quantum computing technology. As quantum computing capabilities evolve, blockchain platforms face potential vulnerabilities in current

GS Corporation issued 150 billion won in corporate bonds on the 21st, achieving interest rate spreads 10-11 basis points below market averages despite ongoing weakness in the credit market. The AA-rated company received orders totaling 1.37 trillion won on the 13th, prompting an increase from the or

Foreign investors net purchased 1.9372 trillion won in Korean government bonds (KTBs) over four trading days from Oct 13 to 16, according to Yonhap Infomax on Oct 19. The buying focused on short-term maturities, marking a shift from their previous lukewarm approach to KTB spot purchases due to

Stablecoin payment volume reached $482 billion from January through September, up 45% from a year earlier, while transaction counts exceeded 1 billion over the same period, surging 71% year-over-year, according to blockchain analytics firm Allium as reported by CoinDesk on October 18. The sharp

Shin Dong-guk, Chairman of Hanyang Precision, faces allegations of violating South Korea's mandatory tender offer rules after acquiring an 11.72% stake in Hanmi Science through transactions on Feb 13 and July 7, according to financial industry sources on [date unspecified]. Korean Capital Markets

The joint venture OKXICE, equally owned by crypto exchange OKX and Intercontinental Exchange Group (ICE), the parent company of the New York Stock Exchange, officially opposed the tokenization of the shares of nine U.S.-listed companies less than two weeks after notifying the SEC of its tokenized U.S. stock plan on October 4. Nasdaq announced that it would not allow its own stock, NDAQ, to be tokenized under the SEC’s innovation exemption framework. OKXICE Notifies the SEC of Its Plan; Nine U.S.

Three bank dealers forecast the USD-KRW exchange rate will rise into the 1,330 range on May 19, following a sharp drop to the 1,320s on the night of May 16 that marked a two-year low. Dealers cite heightened credit risk

William Blair energy research analyst Neil Dingmann stated the possibility of an oil price super spike, with West Texas Intermediate (WTI) crude recently trading near $100 per barrel and Brent crude near $110. The forecast aligns with comments from multiple major company CEOs regarding elevated pric

US Stock Market News showed mixed signals on Sunday evening local time, as Wall Street futures traded higher after technology-heavy indices, particularly the Nasdaq, recorded their steepest weekly losses since June. This recovery attempt reflects renewed buying interest following a volatile

Hunter Biden stated on “The Wolf of Wall Street” podcast, which aired last week, that the crypto industry remains “constrained by” Trump, while defending his Laptop meme coin and rejecting accusations of hypocrisy. Biden estimated that the Laptop Token’s launch encountered setbacks mainly because Coinbase canceled its planned listing amid strong social media opposition during the 48-hour announcement period, resulting in insufficient liquidity when the token launched. Launch Motivation and Desig