Gate Cryptocurrency News and Market Analysis

Nvidia closed at $226.32 on Monday 12 October, down $2.96 or 1.29 percent from Friday's $229.28, extending a decline that began after CNBC confirmed on 8 October that OpenAI told investors it hit roughly $50 billion in annualized revenue at the end of September. The figure came in below a widely

Tom Lee, co-founder of Fundstrat and chair of BitMine, warned on October 13 that a sharp sell-off in South Korean equities could spread into cryptocurrency markets and create additional selling pressure on Ethereum. South Korea's KOSPI plunged more than 6% intraday, triggering emergency trading

American Express introduced the Intent Intelligence Framework, a system designed to authenticate customer purchase intent before AI agents complete transactions. The framework was released following the company's April launch of the Amex Agentic Commerce Experiences (ACE) Developer Toolkit. Hannah

Goldman Sachs reported third-quarter revenue of $18.68 billion and earnings per share of $17.01 on local time October 13, significantly exceeding market expectations of $16.4 billion in revenue and $13.50 EPS compiled by financial data firm LSEG. The outperformance was driven by exceptional

Microsoft closed at $541.15 on 12 October 2026, up $6.08 or 1.14 percent, after executives announced that Maia 300 is expected to deliver 40 percent more tokens per megawatt than leading GPU-based systems, with production deployments beginning in 2027. Scott Guthrie, executive vice president of

Apex Accelerator has been linked to a September exploit at Dominion Market, according to a report by @scotsmancrypto, co-founder of Dominion Market. The report claims Apex Accelerator is the same group behind the exploit, raising security concerns in the crypto community. The allegations may

In US Stock Market News, the US stock market outlook remained mixed on Tuesday, October 13, 2026 at 6:54 a.m. ET (4:24 p.m. IST), as Dow Jones E-mini futures gained 92 points or 0.18%, while S&P 500 E-mini futures fell 10 points or 0.13% and Nasdaq 100 futures declined 182.25 points or 0.59%.

Glassnode, an on-chain analytics firm, reported on X on Oct. 13 that Bitcoin rebounded from the average cost basis of US spot exchange-traded fund investors, confirming support twice at approximately $81,500. Bitcoin traded below ETF investors' average cost basis for most of this year, but the

Nvidia announced its DLSS 5 October update delivers 2x performance improvement over the current model and reduces 4K VRAM usage by 20%. The update achieves these gains through systematic pipeline optimizations and neural model refinements, marking a 10x performance leap since March. The company redu

US Stock Market News shows that a stock market correction is coming eventually, though not necessarily imminent. The economy currently looks strong, and the market has weathered the spike in energy prices resulting from the ongoing war in the Persian Gulf. A correction—defined as a decline of at

Phygitals launched a tokenized magazine based on the One Piece series utilizing Solana's blockchain. The Solana Foundation highlighted rising interest in tokenized AI stocks within the ecosystem. Solana co-founder Toly is advocating for the SGP 3 proposal, which seeks to align community incentives d

JPMorgan Chase posted earnings results this morning that fell short of estimates on both revenue and profit, marking a rare miss for the largest U.S. bank by assets. The weaker-than-expected numbers stemmed in part from lower fixed income trading revenue and expenses that outpaced revenue in the thi

The XRP Ledger's PermissionDelegationV1_1 upgrade, scheduled for activation on October 8, introduces a granular account-permission system that carries a security warning affecting token issuers. Official XRPL documentation cautions that delegating the PaymentBurn permission can unexpectedly allow th

The U.S. Commodity Futures Trading Commission published its proposed cryptocurrency market framework in the Federal Register on October 13, 2026, opening a public comment period that closes on December 14. The 30-page document, titled Regulation Crypto

Sberbank, Russia's largest lender, secured the Bank of Russia's approval to trade cryptocurrencies including Bitcoin ahead of a planned December launch. The central bank's updated register dated Tuesday lists 10 authorized crypto exchange operators and six digital custodians, up from four and five r

Democrats in the U.S. Congress could expand investigations into the cryptocurrency industry if they win control of either chamber in the November midterm elections, Reuters reported on October 13. A Democratic majority would enable lawmakers to demand documents from crypto companies, hold

A Hyperliquid whale opened a $60.7 million Ethereum long position as ETH traded at $2,500, testing the $2,495-$2,500 support zone after a volatile stretch. The position is attributed to a trader with $29.75 million in historical profits, but macro uncertainty and persistent ETF outflows keep the

Character.AI, an interactive chatbot platform that allows users to create AI characters and converse with them, has filed for Chapter 11 bankruptcy just five years after its founding. The company disclosed in court documents that it holds assets and liabilities ranging between $50 million and $100 m

Hong Kong Securities and Futures Commission Chairman Dr. Kelvin Wong warned on October 13 that investment fraud has shifted decisively into digital channels, with the majority of cases now originating through social media or instant messaging, while artificial intelligence enables scammers to

Strive, a Bitcoin treasury company, purchased 3,311 Bitcoin, bringing its total holdings to 32,773 BTC, according to an October 13 post on X by CEO Matt Cole. The acquisition follows the company's completion of approximately $208 million in warrant exercises, with about 15.3 million warrants still o