Gate Cryptocurrency News and Market Analysis

NEAR Protocol reported Q3 2026 Intents volume of $10.41 billion, reflecting a 66.8% increase compared to the previous quarter. The surge represents a 891% year-over-year growth, according to a tweet by the NEAR Protocol account. The increase indicates growing user engagement and trader confidence in

zkSync published a tweet on October 20 urging users to take control of their financial sovereignty. The message sparked conversations in the crypto community. The Layer-2 scaling solution's emphasis on user empowerment comes amid general discussions about institutional interest in decentralized fina

Wallets tied to the April 1 Drift Protocol exploit deposited 25,700 Ethereum, worth about $61.56 million, into Tornado Cash over roughly two hours on Tuesday, according to Arkham Intelligence transfer data. The addresses had been inactive for about two months before the deposits. Arkham data shows t

Tether, the issuer of the world's largest USDT stablecoin, announced on Oct. 20 that it participated in Tenstorrent's $1.5 billion Series E funding round, which closed on Oct. 19 and brought the AI chip company's post-money valuation to $6.2 billion. The investment positions Tether, one of the world

SpaceX reported $14.6 billion in third-quarter revenue on Tuesday, driven by growth across all business segments with its AI operations now accounting for 52% of total income. The company's renamed Super Intelligence division, which includes the Cursor coding tool, Grok bot, and neocloud business wi

PancakeSwap announced the addition of tokenized equities to its platform, reflecting growing interest in decentralized trading of traditional assets. The decentralized exchange, which operates on the BNB Chain, currently handles over 41% of bStocks volume in the DEX space. The move aligns with

Adam Back stated that Strategy's potential removal from an MSCI index could reduce inflows from passive investors, according to a Cointelegraph report on October 20. The exclusion would affect funds that track the index, as passive investment vehicles typically mirror index compositions. Back

Gold futures prices extended their decline for a second consecutive day on the 20th at 1:49 PM Eastern Time, with December delivery contracts trading at $4,139.70 per troy ounce on the COMEX exchange, down $20.40 or 0.49% from the previous settlement of $4,160.10. The decline followed a second day o

Wintermute said on Oct. 20 that capital is moving into Bitcoin and Ether as the altcoin market experiences weakness. The crypto market maker attributed this shift to recent altcoin underperformance. According to Wintermute, the altcoin market declined 5.69% over the past week, with capital flows

XRP traded near $1.32 on October 20, as the 90-day moving average of dollar-denominated whale outflows from Binance fell to approximately $49.7 million, while the XRP Ledger approached a network upgrade expected on October 23. The cryptocurrency was quoted at $1.3190 as of 19:25 UTC, recovering from

Base is promoting its platform's capability to trade tokenized stocks around the clock during earnings season. The initiative aims to cater to traders seeking to capitalize on earnings announcements. The move comes as interest in tokenized assets continues to grow in the digital trading

Pyth Network integrated its Pyth Pro services with Loan's data pools, focusing on WIF, PUMP, and SOL assets. The integration aims to enhance data accessibility for traders and institutions. Pyth Network specializes in delivering real-time on-chain data, positioning itself as a provider of accurate m

Russian banks and the Central Bank of Russia have begun actively monitoring an arbitrage scheme involving the purchase of USDT on crypto platforms in CIS countries and its subsequent sale for cash rubles in Russia. According to a regulator representative, the Bank of Russia considers the scheme to carry a high risk of laundering funds from unknown sources. The scheme’s popularity has already begun to decline, partly because banks have increased their scrutiny of such transactions. Banks Block Tr

Whale Alert reported that 250,000,000 USDC, equivalent to approximately 250,092,875 USD, was minted at the USDC Treasury. USDC is a stablecoin managed by Circle and is commonly used for liquidity and trading within the cryptocurrency ecosystem. The USDC Treasury is responsible for minting new

ImperialPerps announced the merger of ARMADA, its proprietary automated market maker for perpetuals, into its main platform while sunsetting the Phoenix project. The integration aims to create a unified decentralized exchange on Solana that enhances liquidity and market depth across multiple

The Atlanta Federal Reserve's GDPNow model, which provides real-time estimates of US economic growth, set its third-quarter 2026 GDP growth estimate at 3.5% on an annualized quarter-over-quarter basis on the 20th local time. This figure represents a 0.1 percentage point decline from 3.6% on the 15th

Euro stablecoins have reached a total market capitalization of $915.7 million across 21 blockchain networks, with Ethereum commanding 72.9% of this market. The growth reflects a significant liquidity influx in on-chain markets, driven by increasing adoption of Euro-denominated digital assets. This d

Solana has surpassed 1.5 million tokenized equity holders, marking a new all-time high for the network. The network added over 260,000 new holders in October alone. This growth reflects expanding interest in Solana's tokenization capabilities and decentralized finance ecosystem, potentially

DefiLlama partnered with Trueo to launch prediction markets that allow users to trade on protocol revenues and exploit odds. The new markets cover specific DeFi protocols including Hyperliquid, Aave, Uniswap, and Morpho, enabling traders to hedge against hack risks while engaging with revenue