Gate Cryptocurrency News and Market Analysis

NEAR Protocol expanded its MPC network to 17 live mainnet operators, funded by the Protocol to enhance the decentralized signing infrastructure essential for NEAR Intents. The expansion aims to strengthen user confidence and engagement within the NEAR ecosystem, according to NEAR's official

Mike Snyder, Vice President of energy and charging at Tesla, has left the company, The Wall Street Journal reported Thursday citing people familiar with the matter. The departure comes as CEO Elon Musk attempts to pivot the company toward robotics and artificial intelligence. In 2025, Tesla's energy

Foreign investors sold 3.4 trillion won in Korean stocks on the previous trading day, with 2.6 trillion won exiting Samsung Electronics and SK Hynix alone. The selloff was driven by AI infrastructure funding concerns after CoreWeave's stock fell 15.5% on the 14th and its bond yields jumped 112

Korean government bond futures showed mixed performance in overnight trading, with 3-year futures unchanged and 10-year futures rising, as US Treasury bonds strengthened amid risk-aversion sentiment. The mixed results reflected divergent investor positioning, with foreign investors net buying 30

South Korea's National Data Office released September employment data on October 16, showing employment increased by 113,000 compared to the same month last year, reaching 29.266 million. The growth rate slowed from August's 184,000 increase. The manufacturing sector added 16,000 jobs, marking its f

Microsoft (MSFT) received price target increases from four analyst firms on Thursday ahead of its upcoming earnings report, according to The Fly. TD Cowen, Mizuho, Citi and UBS raised their targets, citing Azure cloud performance trends, enterprise cloud demand and AI adoption momentum. The

TeraWulf (WULF) stock fell as much as 2.7% in midday trade on Thursday, heading for its biggest weekly drop in 11 months, but Morgan Stanley analyst Stephen Byrd stated the recent price decline is "at odds with underlying contract value and likely value creation from upcoming contracts," according t

US stocks rebounded on Oct. 15 despite an unfavorable inflation reading, with the Dow Jones Industrial Average rising 1.08% to close at 52,177.69. Falling Treasury yields eased rate pressure on investors, while expectations that AI spending will boost corporate earnings helped drive buying. The

Kim Tae-seok filed a National Assembly petition the previous evening opposing South Korea's proposed mandatory tender offer bill. By 7am on the 16th, the petition had gathered approximately 2,500 signatures. The petition challenges a structure allowing acquirers to purchase controlling shareholder s

Dalton Investments sent a shareholder letter to Samsung Electronics' board demanding concentrated buyback of preferred shares trading at a 26% discount to common shares, enabling 1.34 times more cancellations with the same capital. The US value firm's demand follows similar calls from Life Asset

On-chain analytics firm Glassnode reported on X on Oct. 15 that Bitcoin support below $80,000 is weakening despite a recent price rebound driven by large buy orders. The firm noted that large buy orders clustered at $80,000 were filled over

European Union antitrust officials are preparing to fast-track approval for Project Bromo, a satellite venture uniting Airbus SE, Leonardo SpA, and Thales SA, Bloomberg reported. The initiative aims to build a homegrown competitor to SpaceX's satellite services and reduce Europe's reliance on

Major semiconductor manufacturers including Samsung Electronics, SK Hynix, and Micron have rapidly adopted Long-Term Agreement (LTA) contracts as artificial intelligence datacenter investment expansion creates severe memory supply shortages. LTA contracts allow suppliers and customers to establish m

IPX, a blockchain platform for tokenizing intellectual property, raised $4 million in seed funding at a $125 million valuation. The company announced a Nov. 15 launch date for a service integrating financing, promotion, monetization and distribution for creative works. BitSurge Holdings led the

DFI experienced a 74.91% price drop within one hour earlier today, settling at $0.000542 after trading volumes surged. The decline occurred amid low 24-hour trading volume of $191.86 and a market cap of $499,945, indicating potential liquidation pressures affecting traders. The cryptocurrency's pric

The US dollar weakened on October 15 as Treasury yields fell sharply amid a selloff in artificial intelligence-related assets. The British pound surged after the UK's August GDP growth exceeded expectations, climbing 0.1% month-over-month against forecasts of a 0.1% contraction. The dollar index

Swarmchasers researchers communicated directly with AI agents while the software was actively accessing Alibaba's Amap mapping service, according to an October 14 report. The researchers documented more than 2,600 attempts from September 28 to October 8 to retrieve data from Amap, a Chinese mapping

Curve Finance reported yield metrics for Ethereum-based stablecoins this week, with USG stablecoins showing a 9.1% yield on the platform. The decentralized finance protocol also disclosed that lending with crvUSD against Ethereum assets offers a 4.2% return. These figures highlight ongoing

US consumer price index data released on Oct. 14 showed inflation above forecasts, yet the 10-year Treasury yield declined from above 5.3% to 5.19% by the close of trading that day, then fell to 5.105% in Asian trading on Oct. 15. The reversal occurred as investors shifted focus from near-term

US Treasury yields declined across all maturities on October 15, with the 10-year yield falling 10.30 basis points to 5.0870% by 3 PM Eastern Time. September producer price index data showed a 1.3% month-over-month increase, nearly triple market expectations of 0.5% and the highest since