Gate Cryptocurrency News and Market Analysis

A British man known by the pseudonym Chris recovered access to Bitcoin he purchased in December 2011, now valued at approximately $4.5 million. Chris invested around £1,500 (roughly $2,000) when Bitcoin traded below $4 through Britcoin, a UK cryptocurrency exchange that later became Intersango.

El Salvador President Nayib Bukele denied reports claiming the country transferred its bitcoin reserve to a private operator, clarifying that only Chivo wallet shares were privatized. The denial came after Spanish newspaper El País reported that El Salvador had transferred majority ownership of over 7,763 cryptocurrencies valued at more than $632 million to a private operator, citing an International Monetary Fund press release. Bukele called the reports 'totally false' and accused journalists o

Crypto analyst Ali Martinez has set a $60 price target for XRP based on a nearly decade-long ascending triangle chart pattern, though the token must first secure a monthly close above $3.66 to activate the technical target. XRP currently trades around $1.42, meaning it would need to rally

Korean bond-hybrid ETF assets surged 59.1% from end of January to the 3rd, reaching 24.3725 trillion won as retirement pension investors poured funds into products balancing stocks and bonds. The growth was driven by investors seeking stock market upside while reducing risk through bond exposure

Zcash (ZEC) recently traded around $1,020, holding near the $1,000 mark after breaking through that level for the first time since its early volatile trading period. The rally has triggered approximately $24.2

Alex Jones issued a warning that governments could attempt to seize XRP and other private assets during severe systemic crises, sparking debate about cryptocurrency custody and regulatory authority. The warning, circulated in a video on X, contrasted sharply with current U.S. Federal Deposit

Bitwise's Hyperliquid ETF (BHYP) has become the largest HYPE ETF, holding approximately $166.3 million in assets. The fund executed a $10.5 million purchase of HYPE on Friday, its largest single-day acquisition since a $23.2 million buy on August 27. This activity reflects growing institutional

UBS, Bank of Montreal and Jane Street were among 30 institutions that disclosed holdings in U.S. Hyperliquid ETFs as of June 30 during the funds' first quarterly ownership filings. The disclosures give investors an early look at institutional participation in products tracking the HYPE token.

Microsoft, Salesforce, ServiceNow, and CrowdStrike reported strong fiscal quarter results in August, with stock prices rising over 20% as enterprise AI adoption drove subscription revenue growth. The four US software companies, collectively referred to as 'MNCC' by Wall Street, defied earlier

A Bitcoin whale from 2010 moved 600 BTC worth $47.84 million on Sept. 5 at block height 965639, sweeping coins from 12 legacy wallets into new addresses. The transfers involved Satoshi-era bitcoin mined between March 2-5, 2010, when the network difficulty was near 1 and miners used CPUs rather

COTI's price surged 10.85% in 60 minutes to reach $0.01808, according to order book data. The token recorded a 24-hour percentage change of 21.50% with trading volume reaching $6,440,585.72. The price movement occurred amid broader altcoin market activity, with COTI rising from a day low of $0.01474

Moody's projects South Korea will record its first fiscal surplus in 9 years, with the integrated fiscal balance forecast to reach a 59.9 trillion won surplus. The turnaround stems from semiconductor boom tax revenue and the government's decision to allocate part of additional tax income to

Ares Management acquired four US student housing properties near the University of Georgia, University of Tennessee, and Texas State University for approximately $435 million on local time January 1, 2025, in partnership with The Scion Group, securing 2,316 beds. Three months prior, the two firms

The Korean stock market faces heightened uncertainty this week as the possibility of US interest rate hikes resurfaces, with the US 10-year Treasury yield testing the critical 5% threshold. On Sept 4 (local time), stronger-than-expected US employment data pushed the probability of a 25 basis point r

Korean cosmetics stocks ETFs declined over 10% during the week of August 31 to September 4 as the won-dollar exchange rate dropped due to improved domestic foreign exchange supply. TIGER Cosmetics fell 11.11%, SOL Cosmetics TOP3 Plus declined 10.82%, and HANARO K-Beauty dropped 10.40%, according to

Kiwoom Asset Management listed the 'KIWOOM Samsung SK Group TOP4+' exchange-traded fund on the 1st, designed to capture benefits from Samsung Electronics and SK Hynix shareholder return policies. According to the Korea Exchange, the ETF's total net assets reached 19.2 billion won as of the 3rd.

Youngpoong and MBK Partners alleged Korea Zinc director Choi Yun-beom's family made personal investments before company-funded follow-ons. The consortium stated the Choi family invested in unlisted companies from 2019 to 2023, then One Asia Partners funds backed by Korea Zinc's 560 billion won made

Samsung Asset Management's Lim Tae-hyuk forecasted KOSPI support at 6500-7000 in a Seoul Economic Daily interview on the 6th. Lim, executive director of the ETF division, predicted the KOSPI could reach 10,000 in the second half, stating sufficient upside potential exists as Korean market

Meritz Securities selected girl group RESCENE as the advertising model for its new trading platform MOUM, which launched on the 1st, according to financial investment industry sources on the 6th. The move aims to attract young individual investors through the new platform launch. Securities firms

SpaceX stock closed at 147.95 USD on May 4 (local time) on the New York Stock Exchange, nearing the 150 USD initial public offering price and approaching a 2 trillion USD market capitalization recapture. The stock has been recovering since hitting a low of 108.27 USD on May 5 following its first ear