Gate Cryptocurrency News and Market Analysis

The Canadian government released proposed rules on Oct. 24 that would prohibit non-financial stablecoin issuers from paying interest to holders and has opened the draft for a 60-day public comment period through Dec. 23. The proposal follows Canada's Stablecoin Act, which passed in March, and aims t

BitGo secured South Korea's first Virtual Asset Service Provider license granted to a foreign-owned company through a partnership with Hana Bank. The license followed nearly three years of regulatory work. South Korea maintains stringent requirements for crypto service providers operating in its

The Bank of Korea reported on October 27 that South Korea's Consumer Sentiment Index (CCSI) fell 1.2 points to 105.4 in October 2026, reversing a September rebound. The decline resulted from domestic stock market corrections and continued Middle East conflicts, according to the central bank's

International oil prices declined on the 26th (US Eastern Time) as Saudi Arabia, Iran, Turkey, and Pakistan held high-level diplomatic talks in Tehran, raising prospects for Middle East conflict de-escalation. WTI

Tesla stocks jumped about 5% on Monday, October 26, closing near $392 after Barclays upgraded the electric-vehicle maker to Overweight from Equal Weight and raised its price target to $450 from $370. Analyst Dan Levy identified a potential combination with SpaceX as a key part of Tesla's bullish

The Akash community has voted to transition its decentralized cloud computing project to the Solana ecosystem, as confirmed in a post by @gregosuri that was retweeted by Solana. The vote passed in what was described as record time, though specific timing details were not disclosed. The move aims to

JetBlue Airways reported a net loss of $257 million for the three months ended Sept. 30, compared with a loss of $143 million a year earlier, as the New York carrier's fuel bill rose 61% to $868 million. The bigger loss came despite strong travel demand, with CEO Joanna Geraghty stating the

Iran announced the Strait of Hormuz could reopen within four to five days if its conditions are met, according to the country's state broadcaster on October 26. The revised timeline shortens the previously proposed seven-day reopening period. Iran's government is discussing a proposed agreement with

S&P Dow Jones Indices partnered with prediction-market platform Kalshi, as reported by Cointelegraph on October 26. The partnership designates Kalshi as the preferred platform for event contracts linked to S&P indexes and explores developing new indexes using prediction-market data. S&P Dow Jones In

Seoul police arrested seven people in South Korea's first large-scale AI-assisted hacking case, announced Monday by the Seoul Metropolitan Police Agency. The suspects allegedly used generative AI to breach about 90 organizations and steal 8.2 million records between September 2025 and October. The 3

Token Terminal reported that $24 billion in stablecoins have been deposited into decentralized finance (DeFi) platforms, reflecting a 560.8% increase over the past three years. This growth represents approximately 8% of the $298.4 billion stablecoin market. The surge underscores increasing trust in

Filecoin highlighted a storage capacity challenge as major manufacturers allocate their high-capacity hard drive output through 2028, driven by surging AI demand. The decentralized storage network noted that demand is significantly outpacing supply, creating constraints in traditional storage

Gemini listed the NEAR token for trading, enabling users to deposit and withdraw NEAR on the platform. The listing was announced by Gemini on CryptoTwitter and aims to expand trading options and enhance user engagement. NEAR Protocol is a blockchain platform designed for decentralized

Solana added $22 million in euro stablecoins within one week, according to a Token Terminal post. The addition exceeded the combined total from all other blockchains during the same period. The influx reflects network activity and user interest in stablecoins on Solana's platform. Token Terminal

Arbitrum recorded a $103.8 million increase in stablecoin market cap over the weekend, according to a post from @RWAFoundation_. The layer-2 Ethereum scaling network's stablecoin activity reflects capital inflow and user engagement on the platform. Arbitrum is designed to enhance Ethereum

The three major U.S. stock indexes turned higher on October 27. The Nasdaq Composite rose 0.98% from the previous close to reach 26,210.69, while the Dow Jones Industrial Average gained 0.23% to close at 52,334.27 and the S&P 500 increased 0.75% to 7,680.69. Three Major Indexes Post Gains on Octob

The US Federal Trade Commission requested testimony from executives at artificial intelligence company Anthropic as part of an expanded investigation into potential consumer harm, Cointelegraph reported on October 26. The FTC sought the testimony while examining whether consumers were harmed in

Whale Alert confirmed the minting of 250,000,000 USDC, valued at approximately 250,064,375 USD, at the USDC Treasury. The minting event adds liquidity to the cryptocurrency market. USDC is a stablecoin pegged to the US dollar, and the USDC Treasury manages its minting operations. Whale Alert is an o

Cathedral, a cybersecurity startup founded by four former Department of Government Efficiency staffers, said its AI agents accessed Anthropic's internal business systems in under 12 hours, according to a Washington Post report published Monday. The access was gained by exploiting weaknesses in

Bitcoin fell below $80,000 on Oct. 26, but exchange inflows from short-term holders remained relatively limited according to crypto analyst Darkfost. The analyst posted on X, formerly Twitter, that Bitcoin had tested the $80,000 level several times before slipping below it. Exchange inflows from sho