Gate Cryptocurrency News and Market Analysis

Strike, a financial technology company focused on Bitcoin-based services, has launched a Bitcoin account offering multiple financial capabilities. The account allows users to deposit paychecks in cash or Bitcoin, earn Bitcoin on idle cash, borrow against Bitcoin holdings without selling, pay

On-chain analytics firm Santiment reported on Oct. 12 that the number of Bitcoin wallets holding between 10 and 10,000 BTC reached a record high of 20,338. The tally has increased sharply since mid-July, even as Bitcoin's price remained volatile during the period. Bitcoin Wallet Holdings Surge

The three major U.S. stock indexes closed higher on October 16. The Nasdaq Composite rose 0.08% from the previous session to 26,713.03. The Dow Jones Industrial Average gained 1.08% to 52,177.69, while the S&P 500 rose 0.33% to 7,744.10. FAQ What did the Nasdaq Composite close at on October 16?

Hyperliquid founder Jeff Yan told Bloomberg in an interview reported on October 15 that US regulators should oversee financial firms operating markets on his blockchain rather than the network itself. Yan's proposal comes as Kraken parent Payward prepares to introduce US-regulated perpetual

zkSync announced its participation as a keynote speaker at Money 2020 on October 21. The presentation will address blockchain control and governance frameworks. zkSync is a layer-2 scaling solution for Ethereum designed to enhance transaction speeds and reduce costs. FAQ What will zkSync

A scammer lost over 60 BTC, valued at around $4.8 million, in a Ledger-related theft, according to Chainalysis. The stolen funds were linked to a fraudulent sales scheme where individuals were paid to fabricate sales and reviews. The incident raises concerns about security vulnerabilities in the

The Bank of Russia confirmed on October 12 that direct peer-to-peer cryptocurrency trading between individuals will be prohibited from July 1, 2027, according to updated guidance posted on the regulator's official website. The ban stems from Federal Law No. 282-FZ on Digital Currencies and Digital R

Open Standard's OUSD stablecoin has surpassed $800 million in market capitalization, reaching $808.6 million across four blockchains. Over $500 million of this total is held on Tempo, representing approximately 64% of OUSD's market cap. OUSD is a decentralized stablecoin designed to provide users

The US Labor Department reported weekly jobless claims of 199,000 for the week ending the 10th, marking the fifth consecutive week below 200,000 despite ongoing Middle East conflict. The figure increased by 1,000 from the prior week but remained at exceptionally low levels. This five-week streak rep

CoreWeave stocks rebounded on October 15 (local time) after Deutsche Bank issued a buy rating and Nvidia CEO Jensen Huang expressed confidence in the AI cloud service provider's fundamentals. Deutsche Bank analyst Brad Zelnick argued the recent sharp decline presented a buying opportunity, stating t

Vlad Tenev, CEO of Robinhood, recently stated that tokenization is like a freight train that can't be stopped. His remarks, shared via Token Terminal on social media, characterize tokenization as an inevitable force in financial technology. The statement reflects growing industry interest in tokeniz

Binance's bStocks tokenized stock platform is projected to reach $1 billion within 127 days, according to a tweet by Token Terminal. The rapid growth trajectory reflects increasing demand for tokenized stocks in the cryptocurrency market. This development positions Binance ahead of competitors in th

Nvidia and Cisco confirmed multimillion-dollar donations to President Donald Trump's White House ballroom renovation project on Thursday, CNBC reported. Nvidia and Apple each pledged $25 million, while Cisco contributed $5 million, according to documents obtained by The Washington Post showing

Oraichain announced the upcoming launch of its Quant Terminal Vaults following three months of forward-testing and internal live execution. The blockchain platform stated that the team has refined their strategies during this testing period. Oraichain operates as a blockchain platform focusing on ar

CryptoUK and The Digital Chamber launched the UK–US Cross-Border Policy Working Group to strengthen collaboration between industry leaders, policymakers, and regulatory experts in digital asset markets. The initiative addresses common regulatory challenges to enhance cooperation for stablecoin

Dell Technologies (NYSE: DELL) shares fell approximately 11.4% on October 15 after Barclays downgraded the stock from Overweight to Equal Weight. Barclays analyst Tim Long reduced Dell's price target from $603 to $574, warning that soaring AI server revenue may reflect rising memory component

Blackwell Ultra (B300) GPU rental prices have reached a new all-time high following a 17-consecutive-day surge, according to crypto commentator Matthew Sigel. The price increases are based on verified transactions indexed by Compute Desk from U.S. neoclouds. The sustained upward trend reflects

US Stock Market News shows Wall Street steadying Thursday following sharp declines for artificial intelligence stocks worldwide amid concerns about the durability of the AI spending boom. After initially falling to a loss following its worst day since July, the S&P 500 quickly erased losses and

A UK High Court ruled on or around October 12, 2026 that Chinese law governs claims to more than 61,000 Bitcoin, valued at approximately $5 billion, in one of the largest cryptocurrency seizures on record. Mr Justice Mark Turner's decision applies to civil recovery proceedings under the Proceeds of

Accenture, one of the world's largest consulting firms, reports that only 16% of organizations have fully modernized their core operations around artificial intelligence, according to the company's latest research. The technology chief at Accenture stated that when AI projects fail, companies