Gate Cryptocurrency News and Market Analysis

St. Petersburg and the Leningrad region came under a large-scale drone attack between the previous night and the early hours of October 18, sparking fires at an oil terminal and a VK data center. Russian authorities blamed Ukraine for the assault. Governor Alexander Beglov reported fires in four

Bitcoin's network hashrate reached 1,031,609,649 TH/s on October 17, 2024 at 2pm, marking the highest level in approximately five months since May 29, 2024, according to data from Mempool.space. The 7-day moving average increased by approximately 44,076,196 TH/s over the previous week, indicating he

AIsa completed its seed extension round on Friday, with Tether and HIVEN joining as strategic investors. The round brings AIsa's total funding to more than $9 million, with existing backers including Alibaba, Tribe Capital, Sumitomo Corporation, Draper Associates, and Saison Capital. The San

In US Stock Market News, the iShares Core S&P Small-Cap ETF (IJR) provides diversified exposure to U.S. small-cap stocks, trading near its 200-day moving average at a notable valuation discount compared to large caps. Small caps have already adjusted to higher interest rates, making IJR a

US President Donald Trump defended his decision to suspend Russia sanctions as beneficial to America and the world during a fundraiser at his Mar-a-Lago residence on the 17th, one day after signing an executive order halting implementation of the Graham Act on the night of the 16th. Secretary of

South Korea's Kospi stock index closed at 5,668.05 on Oct. 16, posting a weekly loss of 14.46% despite a 2.05% daily gain. The week of Oct. 19 to Oct. 23 will test the market's rebound potential through U.S. technology company earnings reports and the Bank of Korea's Oct. 22 monetary policy

A criminal group inserted malicious components into genuine Ledger hardware wallets and redistributed them through resale channels in Southeast Asia, leading to cryptocurrency thefts estimated at more than $90 million, Bloomberg reported on October 17. Complaints of asset theft tied to the French ha

UOS surged 13.07% in five minutes, reaching $0.002861, as the cryptocurrency experienced significant trading activity. The rapid price movement occurred amid broader market dynamics that prompted heightened trader participation, with 24-hour trading volume reaching $2,307,650. The broader cryptocurr

On Friday morning, US Stock Market News showed mixed trading as the S&P 500 added 0.5 per cent despite the majority of stocks within the index falling, while the Nasdaq composite rose 1.1 per cent. However, the Dow Jones Industrial Average fell 197 points, or 0.4 per cent. In international

US Stock Market News showed significant pressure Wednesday as the S&P 500 fell 0.8 per cent after the yield on the 10-year Treasury jumped to 5.10 per cent from 4.96 per cent late Tuesday, raising concerns about inflation. The Dow Jones Industrial Average dropped 352 points, or 0.7 per cent, while t

The Bank of Korea's Monetary Policy Committee will convene on the 22nd, with Seoul's bond market expected to show volatility based on the committee's policy stance. All 15 financial institution experts surveyed by Yonhap Infomax expect the benchmark interest rate to remain at 3.00%. The previous

Elice Group and MS Bio will list on South Korea's KOSDAQ market on October 20 and October 22, respectively, after institutional demand forecasting set their IPO prices at 90,500 won and 7,800 won. Elice Group's retail subscription drew over 10 trillion won in deposits, while MS Bio

APR is forecast to report Q3 revenue of 783.8 billion won and operating profit of 175.8 billion won, representing year-over-year increases of 103.13% and 82.97% respectively, according to a compilation of estimates from 16 domestic securities firms. The operating profit figure is expected to fall

JPMorgan strategists expect third-quarter corporate earnings to provide support for US stock market equities, with profit growth expanding beyond artificial intelligence-related companies across a wider range of sectors, according to US Stock Market News analysis led by Mislav Matejka. The team

IMF Director Choi Ji-young stated during an October 15 local time press briefing in Bangkok that Korea is the only advanced economy with expanding fiscal capacity, emphasizing the need to continue investment to enhance growth potential. Choi explained Korea faces a unique situation where fiscal capa

IMF Managing Director Kristalina Georgieva assessed South Korea's monetary-fiscal policy combination as "appropriate" during a meeting with Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il on October 17 (local time) in Bangkok, according to the Ministry of Economy and Finance o

South Korea's Deputy Prime Minister and Minister of Economy and Finance Lee Hyung-il conducted 19 bilateral meetings during the IMF and World Bank Annual Meetings in Bangkok, according to the Ministry of Economy and Finance on October 18. Twelve of these meetings were requested by counterpart

France's National Assembly on October 16 approved an amendment to tax cryptocurrency gains when converted into stablecoins, passing the measure by 38 votes to 37 with 25 abstentions during 2027 budget deliberations. Lawmakers behind the proposal, introduced by Nicolas Sansu, argued that stablecoins

The International Monetary Fund (IMF) projected on October 18 that South Korea's potential growth rate will rise for two consecutive years in 2025 and 2026. According to IMF's October World Economic Outlook (WEO) database, South Korea's potential growth rate is expected to increase from 1.94% in 202

Yuga Labs launched the Mudwater Trading Card Game on Solana, featuring 120 unique Bored Ape Yacht Club art pieces. The announcement, surfaced by the CryptoTwitter account @solana, introduces both physical and digital trading card assets to the blockchain. The collection includes varied formats