Gate Cryptocurrency News and Market Analysis

The three major U.S. stock indexes delivered mixed results on October 1. The Nasdaq Composite rose 0.98% to close at 27,059.57, while the Dow Jones Industrial Average fell 0.15% to 51,270.66 and the S&P 500 gained 0.47% to 7,707.41. Nasdaq Composite Leads Gains Among Major Indexes The Nasdaq Comp

Bitfinex reports that Bitcoin's supply in profit currently stands at 71.3%, according to a recent analysis shared by the cryptocurrency exchange. The metric holds historical significance, as supply in profit must exceed 75% to signal a transition from bear market recovery to a new bull market

Delphi Digital recently stated that tokenized stocks are transitioning into a distribution business, where issuers mint tokens against underlying shares to offer investors various options with similar exposures. Exchanges including Binance and Kraken are competing to attract investors in this

The cryptocurrency industry spent more than $13 million on lobbying in the US in the first half of this year, with $8 million directed toward efforts to pass the CLARITY Act, according to a CoinDesk report on October 30. Coinbase allocated approximately $2.2 million to CLARITY Act lobbying, while

Reddit announced Wednesday it will end support for RSS feeds on November 13 and shut down public API access by March 2027, citing concerns over large-scale scraping and automated abuse. The company stated that RSS has become a common surface for automated traffic that threatens its platform

Doppler is expanding its financial infrastructure for tokenized assets, beginning with XRP and RLUSD yield vaults. The initiative, highlighted by crypto commentator @Route2FI, aims to create a system that allows asset holders to earn, borrow, and utilize tokenized assets. The development is

Brazilian state-controlled oil company Petrobras developed two blockchain applications using Cardano to track sustainability data for sustainable aviation fuel and its Diesel R renewable fuel, according to a Wednesday announcement from the Cardano Foundation. The applications aim to tokenize

Meta's personal AI assistant Muse and OpenAI's newly launched Dots are pursuing consumer-facing AI products this week, while Instinct assistant reached a $10 billion valuation based on its agentic task-handling capabilities. The launches coincide with new data showing limited consumer willingness

The US Treasury Department announced on the 30th that it will conduct a buyback of up to $6 billion on April 1 (local time), targeting Treasury bonds maturing between February 15, 2037 and August 15, 2046. The buyback focuses on medium- and long-term bonds with approximately 10 to 20 years

Decrypt Media and Myriad Markets launched The Information Exchange on Solana, a platform designed to enhance blockchain utility and facilitate information sharing among crypto ecosystem stakeholders. The initiative aims to attract developers and users to Solana by providing a collaborative

Zcash received an upgrade integrating with NEAR Intents, enabling users to transact via Cash App and PayPal. The development was highlighted by influencer @Gemini and the NEAR Protocol Twitter account. The integration aims to enhance payment flexibility for the privacy-focused cryptocurrency by

Webull expanded its cloud-hosted Model Context Protocol server to enable eligible U.S. customers to use compatible AI assistants for market research, account data inspection, and order preparation without installing software or managing API keys. The expansion allows users to move from market

The Federal Trade Commission is launching a broad inquiry into artificial intelligence developers OpenAI and Anthropic to evaluate potential consumer risks and assess product safety standards. According to Bloomberg, the regulator is preparing to send official information requests within the

The European Securities and Markets Authority proposed expanding the Markets in Crypto-Assets regulation to cover decentralized finance gateways, staking and crypto lending services. Cointelegraph reported the proposal on October 30. The expansion aims to bring DeFi access points and related service

Ethereum closed the third quarter of 2026 at approximately $2,687, marking a 71.2% gain from the $1,569.91 opening level on 1 July recorded by CoinGlass. This follows consecutive declines of 29.26% in Q1 and 25.28% in Q2. The single-quarter recovery offset most of the losses from the prior two quart

Open Standard launched its Open USD (OUSD) stablecoin on September 30, 2026, directly challenging market leaders Tether and Circle with a structure that distributes ownership more widely than either competitor. The token went live on Ethereum, Solana, Base, and Tempo blockchains, backed by five

The Department of Energy announced a 40-million-barrel Strategic Petroleum Reserve offer on Tuesday as part of a broader International Energy Agency response to supply disruptions caused by the Iran conflict. The SPR held 283.8 million barrels last week, its lowest level since October 1982. The

Economist Peter Schiff predicted Democrats will win the November midterm elections, citing a decline in the US personal saving rate to 4.1% in August, the lowest level since November 2022, according to Cointelegraph on October 30. The prediction stems from consumer spending rising 0.9% in August

DeFi protocol Abracadabra has proposed an orderly wind-down, with a governance vote set to close Wednesday evening. The proposal cites a series of security incidents that left its stablecoin MIM with 22 million in outstanding supply against just $900,000 worth of backing, valuing the dollar-pegged t

Susquehanna analyst Mehdi Hosseini stated Micron Technology could eventually reach $50 in quarterly earnings, or $200 annualized, ahead of the company's fiscal fourth-quarter earnings report due after market close Wednesday. Hosseini attributed the forecast to memory's expanding role in artificial i