Gate Cryptocurrency News and Market Analysis

Multiple cryptocurrencies recorded significant price movements on Korean exchanges between October 13 9:00 AM and October 14 8:00 AM. Q (Quark AI) gained 39.92% on Bithumb to close at 56.26 won, while ZRC (Zircuit) rose 34.97% to 1.864 won on the same exchange. BAT (Basic Attention Token)

AST SpaceMobile stocks (ASTS) hit a fresh 52-week low on Tuesday, closing roughly 9% lower, as Piper Sandler downgraded the stock to Neutral from Overweight and cut its price target to $54 from $98. The downgrade cited reduced confidence in the pace of AST's satellite launches in 2026 and 2027.

The Federal Aviation Administration announced Tuesday it will review SpaceX's proposal to expand Starbase operations in South Texas to up to 456 launches and 912 landings annually. The FAA will prepare an environmental impact statement and host public hearings on the plan. SpaceX currently holds

Pyth Network reported annual recurring revenue (ARR) growth from $6.2 million to $11.5 million, representing an 86% increase quarter-over-quarter, according to a statement posted on X. The growth reflects rising demand for real-time market data services amid fluctuating market conditions. Pyth Netwo

LG Electronics and Apple held a joint product launch event on May 13 (local time) in Manhattan, New York, unveiling seven next-generation Internet of Things (IoT) devices including cameras, door locks, and thermostats. The announcement marks LG's expansion into the AI home ecosystem through

The Blue House on the 14th directly refuted reports of inter-ministry disagreement over reducing government bond issuance using surplus tax revenue from the semiconductor boom. A Blue House official stated there is no disagreement within the Blue House or between ministries regarding the scale of bo

Polygon blockchain platform introduced an Automated Payout Runs feature to its Polygon Open Money Stack (OMS) on local time 12th. The feature was designed to simplify repetitive corporate payment operations including merchant settlements on online sales platforms, contractor payments, content

Industrial Next presented at the Startup Battlefield stage at TechCrunch Disrupt 2026, announcing a partnership with BMW Group Technology Office to evaluate its AI-powered robotic manipulation technology for manufacturing. The San Francisco-based startup, founded in 2021, builds self-contained robot

Influencer @buffalu__, citing data shared by @SolanaFloor, stated that decentralized exchange volume is rising, indicating growing user preference for DeFi solutions over centralized exchanges. The observation highlights a broader trend in the crypto market where decentralized finance platforms are

BlackRock, the world's largest asset manager with more than $15.3 trillion in assets under management, announced on Tuesday, October 13 it has cut its stance on U.S. equities to neutral from overweight and upgraded its Treasurys position to overweight from neutral, marking a major US Stock Market

Shinhan Financial Group's acquisition of Lotte Insurance has drawn market focus to the listed insurer's delisting prospects and minority shareholder stake treatment. Shinhan signed an agreement on the previous day to acquire 77.04% of Lotte Insurance from JKL Partners for 693.3 billion won,

Michael Burry, the investor known as the real-life protagonist of the film 'The Big Short,' disclosed on 13일 (local time) that he has consolidated his bearish bets on AI-related stocks into put options on the Nasdaq 100 index and a semiconductor exchange-traded fund. According to Business Insider, B

CNBC's Jim Cramer said Tuesday that investors should exercise caution on Accelevation Holdings, a newly public US stocks play on artificial intelligence infrastructure. The Mad Money host cited two reasons: wariness about data center stocks ahead of midterm elections three weeks away, and

Anthropic filed a petition on Tuesday asking a federal court in Washington, D.C. to rehear its appeal against the Pentagon's blacklisting of the company's AI models. The Defense Department, led by Pete Hegseth, designated Anthropic a national-security 'supply chain risk' in March after the company d

Crypto lending platforms recorded an 83% surge in USDT borrowing against Bitcoin holdings exceeding $10 million last month, according to data from CoinRabbit highlighted by crypto commentator Ki Young Ju. The increase in large-scale loans signals that major investors are not anticipating a

Jito introduced upgrades to its Block Assembly Marketplace (BAM) on Solana, reducing bundle submission delays by approximately 50 milliseconds. The enhancements aim to improve user experience and increase transaction efficiency on the blockchain platform. Early results indicate a 72% rise in

A fire damaged part of the headquarters compound of Saudi Aramco, Saudi Arabia's state-owned oil company, during a missile attack by Yemen's Houthi rebels, Bloomberg reported on October 13. The fire broke out a day earlier at part of Aramco's headquarters complex in Dhahran in eastern Saudi Arabia d

UnitedHealth Group (NYSE:UNH), the largest US health insurer, reported third-quarter (July-September) adjusted earnings per share of $4.69 on October 13 (local time), exceeding the Wall Street consensus of $4.14 compiled by LSEG, according to CNBC. Both the company's core insurance division UnitedHe

Strive, a US-based Bitcoin treasury company, purchased 3,311 BTC last week, bringing its total holdings to 32,773 BTC, according to an announcement on the company's website on the 13th (local time). The purchase represents Strive's largest single-week Bitcoin acquisition in approximately nine

BitGo has launched Stablecoin-as-a-Service, a framework designed to provide institutions with capabilities for reserve management, custody, compliance, and stablecoin minting and burning. The service aims to simplify institutional entry into the stablecoin market by streamlining complex