Gate Cryptocurrency News and Market Analysis

Blockworks is bringing its Digital Asset Summit to Singapore for the first time on October 7, placing a one-day institutional program alongside TOKEN2049 at Marina Bay Sands. The event targets asset managers, hedge funds, banks, payment providers, fintech companies, and institutional allocators,

Crypto trader DonAlt opened a large Ethereum long position at $1,878 in mid-August and has since shifted from active trading to a HODL strategy, according to his October market review. He plans to take profit on most of the position near $3,000 after ETH broke out of a weekly range between

Oil producers are paying sailors bonuses of up to $25,000 for single round trips through the Strait of Hormuz, according to The Wall Street Journal. The payments are part of an expanding shuttle run system used to move crude through the strait despite attacks on commercial vessels. Under the system,

ONE token reached $0.002447 after surging 10.57% in 60 minutes. The price increase occurred as trading volume hit $4,165,699.36 over 24 hours. Source attributes the movement to increased network activity and user engagement, though no specific transaction data or network metrics are provided in the

Scott Acheicheck, Chief Operating Officer of REX Financial, described Korean retail investors as among the most active participants in the US ETF market outside of domestic US investors, highlighting their information acquisition and execution speed as world-class. REX Financial, a specialized

XRPL stablecoin capitalization reached roughly $1.33 billion on Oct. 3, after increasing 14.6% in seven days, according to DefiLlama data. The network added approximately $169 million during the period, bringing it close to Avalanche and Plasma in the rankings of blockchains by stablecoin supply.

Three major South Korean banks—KB Financial, Shinhan Financial, and Hana Financial—suffered recent hacking attacks despite spending over 120 billion won on information security last year. The breaches occurred because AI-enhanced attacks exploited auxiliary business support systems that received

The US Senate rejected the Ratepayer Protection Act on September 30, a bipartisan bill designed to shield Americans from rising electricity costs driven by AI data center expansion. The vote fell short of the required 60-vote threshold, ending 57-43—just three votes shy of passage. The bill sought t

The ASEAN+3 Macroeconomic Research Office (AMRO) cut its Philippine growth forecasts for 2026 and 2027, pointing to the combined negative impacts from the Middle East energy shock and a slowdown in public investment linked to the flood control controversy. AMRO now expects the Philippine economy to

BNB crossed the $800 threshold during October 5 trading, extending its recovery as buying returned to large-cap cryptocurrencies. The move occurred alongside a broader recovery in digital assets, with Bitcoin simultaneously attempting to break through the $87,000 region and renewed risk appetite

Bity is ending its crypto services in Brazil, with Bitybank users having until November 25 to migrate to Mercado Bitcoin or withdraw their holdings, while BityPreço users face a November 27 deadline to move to Bipa or withdraw crypto. The company reports approximately 850,000 users across its business and more than R$1 billion under custody, though both migration routes require active customer participation rather than automatic transfers. The exit is part of a broader consolidation in Brazil's

The Philippine Department of Energy announced fuel price adjustments effective October 6, with gasoline rising P1.93 per liter, diesel falling P1.30 per liter, and kerosene increasing P3.30 per liter. The mixed adjustment follows a September 29 rollback after three consecutive weeks of steep increas

Zcash NU7 activated on the public testnet at block 4,465,026 on Monday, per CoinDesk, a day ahead of the roughly 6 October the Zcash Foundation had expected. The upgrade cuts target block spacing from 75 seconds to 25, routes 60% of every block's transaction fees into a reserve, and retires the

Analyst Ali Martinez identified XRP approaching a triangle apex on Monday, with whale holdings showing little change over the past week. Martinez's analysis sets a four-hour close above $1.53 as the confirmation signal that could open a move toward $1.62. XRP was trading around $1.51 on Monday, up a

Cerebras stocks climbed 6% in premarket trading Monday after OpenAI CEO Sam Altman called the AI chipmaker a 'close partner' in a post on X Friday. The rebound followed a 20% stock plunge last week to its lowest price after OpenAI revealed it would power its 'Ultrafast' mode for GPT-6.1 Sol with

Korean retail investors' net purchases of US stocks fell 49.0% month-over-month in September to $1.0128 billion, marking the second consecutive month of halved buying activity, according to data released on the 5th by the Korea Securities Depository. The September figure represents a 78.4% decline c

Ripple President Monica Long announced on Oct. 3 that the company is running credit-related pilots using XRP as collateral, with plans to activate them in 2027. The initiative aims to help fund customers' payment obligations by depositing XRP into lending-protocol liquidity pools. This approach

Japan-listed Metaplanet increased its Bitcoin holdings by a net 1,000 BTC in the third quarter, bringing its total to 44,000 BTC as of Sept. 30, according to BlockBeats citing the company. The company executed a sell-and-repurchase strategy, selling 10,000 BTC and then repurchasing 11,000 BTC

K Bank disclosed on Oct. 2 it had renewed its real-name deposit and withdrawal account partnership agreement with Dunamu, the operator of cryptocurrency exchange Upbit. The contract, which had been set to expire that day, will now remain in effect through Oct. 5, 2027. K Bank said it would

Bitcoin rose 6.33% over the last month, overcoming the traditional 'Red September' downturn with positive returns, according to global crypto data platform CoinMarketCap on the 5th. The monthly gain peaked at 7.33% mid-month before a late correction trimmed some gains. The rally was driven by