Gate Cryptocurrency News and Market Analysis

A Parliamentary Standing Committee on Finance has recommended that the government consider allowing a recognised Self-Regulatory Organisation (SRO) to oversee the crypto industry until a comprehensive law for Virtual Digital Assets (VDAs) is in place, according to reporting on July 24, 2026. The

Indian cryptocurrency exchange WazirX launched Taxlyst on Tuesday, a free tax reporting platform that enables investors to generate Crypto Tax in India reports from transactions across multiple crypto exchanges ahead of India's income tax filing deadline. The platform is designed to simplify crypto

Crypto investors filing income tax returns must reconcile virtual digital asset (VDA) transactions with the annual information statement (AIS) and Form 26AS, as well as maintain complete records of all trades, especially those conducted on overseas exchanges, as any mismatch may trigger tax

OpenAI reported annualized revenue of about $50 billion as of late last month, roughly $20 billion below the $70 billion market expectation, according to an Oct. 8 Financial Times report. The 29% shortfall stemmed from confusion over revenue calculation methods compared to rival Anthropic, where Ope

The Ministry of Finance intends to build a legal framework for the cryptocurrency market in Russia to bring digital asset operations under clear legal regulation, reduce risks for citizens, and establish transparent rules for market participants. Deputy Finance Minister Ivan Chebeskov said at an industry forum that digital assets have already become a significant part of the global financial system and that such instruments are used on a substantial scale in Russia. According to him, cryptocurre

Sber demonstrated a cryptocurrency purchase service in the SberBank Online app on October 7 at the SberInvestments forum, and cryptocurrency transactions are now available to select users in test mode only. The bank plans to make cryptocurrency transactions available to all clients not only through SberBank Online, but also through the SberInvestments and SberBusiness apps. The legal basis for this was provided by the Law on Digital Currencies and Digital Rights, which Vladimir Putin signed in A

Meanwhile, a Bitcoin life insurer backed by OpenAI CEO Sam Altman, raised $37.5 million in fresh capital as reported by CoinDesk on Oct. 8. The funding round was led by existing investor Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, and Apollo,

Ripple Prime entered the U.S. leveraged ETF financing market by providing total-return swaps to fund managers, the company announced Tuesday, October 6. The expansion follows Ripple's $1.25 billion acquisition of Hidden Road, completed in 2025, after which the prime brokerage business became Ripple

The Norwegian Nobel Committee awarded the Nobel Peace Prize to Navanethem "Navi" Pillay on Friday, citing her efforts to promote peace and international law. Every leading contract on Polymarket's Nobel Peace Prize board settled at zero after more than $30.7 million had changed hands on the

Sumsub has launched Reusable KYC Gateway with Opera's MiniPay as the first live integrator, addressing repeated identity verification friction in stablecoin payments. MiniPay reports more than 20 million wallets opened across over 70 countries, but its self-custodial model does not remove

VRA dropped 10.59% in one hour to $0.00001182 amid selling pressure across the cryptocurrency market. The decline occurred as the coin faced broader market forces, with 24-hour trading volume reaching $143,793. The sharp price movement reflects heightened volatility characteristic of recent cryptocu

As of October 9, Beijing time, data from Gate 行情 shows that WTI 原油 is trading at $90.15, down 1.42% over 24 hours, with an intraday price range of $89.70 to $92.76; 布伦特原油 is trading at $101.41, down 1.55% over 24 hours, with an intraday price range of $100.82 to $104.60; natural gas is trading at $3.303, down 1.96% over 24 hours. Brent crude oil's 24-hour trading volume was $30,841,300, while WTI crude oil's was $89,160,300. Source: Gate 行情 data Why Diplomatic Signals Have Driven Down Oil's Risk

Goldman Sachs, TD Cowen, and Melius Research upgraded Palantir, Marvell Technology, and Cava stocks this week, citing AI-driven growth opportunities and expansion potential. Goldman Sachs analyst Gabriela Borges set a $230 price target for Palantir, while TD Cowen raised Marvell's target to $350 and

Fidelity Digital Assets stated it is too early to conclude that Bitcoin's recent gains mark the end of its bear market. Chris Kuiper, vice president of research at Fidelity Digital Assets, recently said the rebound since August could mark the start of a new uptrend, but it could also prove to be a t

Ajay Shinjin, a 25-year-old London man, was sentenced to two and a half years in prison on Thursday for his role in a SIM-swap fraud scheme that stole nearly £200,000 ($265,000) worth of cryptocurrency, City of London Police announced. Shinjin, also known as AJ Marley Cruz, pleaded guilty on

Citi hired Michael Zezas from Morgan Stanley as Head of Research, appointing a senior research executive as institutional clients access more market information than ever but still pay for insight they cannot easily reproduce. Zezas spent nearly two decades at Morgan Stanley and most recently

Tom Lee has issued a $25,000 Ethereum price prediction, implying roughly a 1000% gain from ETH's current level around $2,500. BitMine, an institutional accumulator, is approaching 4.9% of ETH supply and has stated it will stop buying once holdings reach 5%, putting a near-term cap on one prominent d

Japanese stocks on October 9 recovered from steep intraday losses to close nearly flat, with the Nikkei 225 index down 11.19 points (0.02%) at 69,030.92. The reversal followed overnight weakness in US AI and semiconductor stocks after OpenAI's annual recurring revenue missed market expectations,