Gate Cryptocurrency News and Market Analysis

OPEC reduced its 2026 global oil demand growth forecast by approximately 71%, from 1.4 million barrels per day to 400,000 barrels per day, OPEC Secretary General Haitham Al Ghais said on October 12 at the World Petroleum Congress in Riyadh. The downgrade reflects economic pressures and disruptions a

Evernorth Holdings (XRPN), an XRP-focused treasury company, saw its shares jump 5% at the Nasdaq stock exchange opening on Monday, according to Yahoo Finance data. The debut followed the company's announcement on Monday that it appointed Hugo Jeandesboz, former Coinbase Asset Management Co-Chief

Delta Air Lines postponed the launch of its nonstop Atlanta-Riyadh service to March after deadly attacks hit King Khalid International Airport in the Saudi Arabian capital. The airline originally planned to

In US Stock Market News, stocks kicked off a busy week on Monday with mixed trading that is keeping the market hovering around its all-time high, as reported on October 12, 2026 (October 12, 2026, 9:58 AM ET / 7:28 PM IST). The S&P 500 was mostly unchanged and is trading around its record set last w

Australia's Securities and Investments Commission (ASIC) is consulting on a proposal to renew its contracts for difference (CFD) consumer protection order for another decade and broaden coverage to include products with similar economic characteristics settled using digital assets, according to an

US auto-safety regulators are reviewing a defect petition alleging that Tesla's robotaxis exceed posted speed limits in active school zones. The National Highway Traffic Safety Administration (NHTSA) announced the petition on October 12, 2026, which covers approximately 1,000 Tesla

Zcash (ZEC) climbed approximately 5% on October 12, trading near $1,280, as bearish traders faced forced liquidations and investors anticipated a major blockchain upgrade scheduled for November. The privacy-focused cryptocurrency outperformed Bitcoin and Ethereum, with short positions accounting for

Singapore-based digital asset infrastructure company Qore3 and Bhutan's Gyalpozhing College of Information Technology (GCIT) launched Project Digital Village to introduce blockchain technology to 21 households in Rukha Village, Wangdue Phodrang district. The initiative deploys multi-party

Salesforce signed a definitive agreement to acquire Loops, an Israeli AI analytics startup, on October 12, 2026. The deal, estimated at around $30 million though official terms were not disclosed, aims to integrate Loops' agentic analytics technology into Tableau, Salesforce's data visualization

Crypto-linked stocks in the US market reversed intraday losses and turned higher on October 12. According to crypto media outlet BlockBeats, Strategy (MSTR) rose 2.04% and Coinbase (COIN) gained 2.08%, while semiconductor stocks declined during the same session. Strategy and Coinbase Lead Crypto S

Brent crude futures topped $107 a barrel on Oct. 12, extending recent gains in international oil markets. West Texas Intermediate futures also advanced, trading above $93 per barrel. Odaily reported the price movements, with Brent rising 2.25% to $107.073 a barrel and WTI gaining 2.28% to $93.940 a

Ripple has partnered with Wormhole to adopt its Native Token Transfers (NTT) technology for multichain asset management. The collaboration aims to enable institutions to maintain control of their tokens across various blockchain networks. Wormhole emphasized that institutional clients prioritize con

The US dollar index rose for a second consecutive trading session on October 12, gaining 0.187% to reach 102.420 as of 7:57 AM Eastern Time in New York forex markets. The dollar strengthened amid escalating conflict between Saudi Arabia and Yemen's Iran-backed Houthi rebels, which drove

Iran's Islamic Revolutionary Guard Corps (IRGC) claimed on October 12 that a third very large crude carrier (VLCC) was damaged and caught fire in the Strait of Hormuz within the past 48 hours. According to the IRGC, the vessel ignored warnings and was sailing with its navigation system turned off

PancakeSwap announced a renewed commitment to tokenization following the weekend. The decentralized exchange made the announcement via a tweet, emphasizing dedication to expanding tokenized assets. PancakeSwap operates as a decentralized exchange focused on facilitating token swaps and liquidity

DFI cryptocurrency surged 17.5% in 30 minutes, reaching a price of $0.000642. The rapid price movement occurred amid mixed signals across the broader cryptocurrency market, drawing increased trader attention. With a market capitalization of $592,303 and 24-hour trading volume of $61.08, the spike in

On October 12, US Stock Market News showed mixed performance as the Dow Jones Industrial Average rose while the Nasdaq Composite declined amid weakness in Micron Technology shares. The S&P 500 remained essentially flat, with investors focused on an upcoming busy week of corporate earnings and

Starknet's STRK token surged 55.16% following the network's announcement that it is considering a transition from an Ethereum Layer 2 solution to an independent, quantum-resistant Layer 1 blockchain by 2027. The proposal gained attention in early October 2026 after StarkWare's chief executive

Ondo partnered with Tradexyz to create a comprehensive platform for trading real-world assets. The collaboration enables users to access diverse assets including tokenized stocks, ETFs, gold, and various derivatives from a single account. NEAR Protocol highlighted the announcement in a tweet,

Chainlink has partnered with DTCC to enhance collateral management systems through a mobile platform. Dan Doney, CTO of DTCC, stated that this new mobile collateral system allows any asset to be managed across jurisdictions at any time. The partnership aims to streamline asset management and