Gate Cryptocurrency News and Market Analysis

U.S. spot Bitcoin ETFs recorded net outflows of $228.6 million this week, following a $681.1 million drain the previous week, according to data from SoSoValue and Decrypt's ETF tracker. The outflows were triggered by hotter-than-expected inflation data, with the consumer price index showing prices u

Meta Platforms reports third-quarter 2026 earnings on October 21, with investors scrutinizing whether its artificial intelligence spending program can deliver stronger profits rather than higher infrastructure costs. The company expects to spend between $130 billion and $145 billion on capital

Bitcoin traded near $81,500 on Sunday (October 18) and into today, as technical indicators delivered mixed signals with shorter-term moving averages favoring sellers while longer-term averages continued to support buyers. The relative strength index stood at 46, and the broader technical rating

Babylon Labs proposed on October 14 that Aave V4 accept native Bitcoin as collateral without transferring BTC off the Bitcoin blockchain, allowing users to borrow stablecoins while their coins remain locked in Taproot vaults. The proposal aims to expand Bitcoin's utility in decentralized finance

French lawmakers approved a tax amendment targeting cryptocurrency-to-stablecoin conversions in a narrow National Assembly vote. Amendment No. 3898, introduced by Nicolas Sansu, passed 38 votes to 37 with 25 abstentions as part of the 2027 budget process. The proposal would eliminate the existing ta

Payward, Kraken's parent company, announced on October 14 that it has agreed to acquire Saldo Finance Oy, parent of Lithuania-based Saldo Bank. The acquisition is expected to close in 2027, subject to regulatory approval, with financial terms remaining undisclosed. The transaction would expand Paywa

ALCX cryptocurrency declined 10.55% to $2.12 in the last hour, marking a sharp drop during a period when most altcoins traded sideways. The decline extends a broader 24-hour downturn of 14.18%, with the token falling from a day high of $2.51. The sudden price movement reflects increasing

KAI cryptocurrency experienced a 50.01% price decline within the last hour, dropping to $0.000098. The sharp price movement occurred amid notably low trading volume of just $9.29 over the past 24 hours. The cryptocurrency's current market cap stands at $467,466, with the price falling from an

Retail investors bought a record $700 million in AI cloud infrastructure stocks during the week ending October 11, even as debt concerns rattled CoreWeave and other neocloud companies, according to Citadel Securities' October report. CoreWeave's shares fell more than 22% during the same week,

Alcoa stock closed Friday 16 October 2026 at $41.45, up $1.03 or 2.55 percent from Thursday's $40.42, after the company reported third-quarter 2026 earnings that beat street estimates but fell sequentially from the prior quarter. The stock opened at $41.65 and reached an intraday high

Polygon Labs completed its acquisition of Coinme on October 14, gaining regulated payment capabilities across 48 U.S. states. Coinme brings 37 state money transmitter licenses, 11 applicable exemptions, and registration with the Financial Crimes Enforcement Network (FinCEN) as a money services

Tesla Inc. and Space Exploration Technologies Corp. will report earnings this week, with SpaceX scheduled for Tuesday and Tesla for Wednesday. Meta Platforms Inc. is set to report Wednesday after the bell, kicking off a

A Reuters/Ipsos poll conducted Sept. 30-Oct. 5 found that most Americans oppose betting on US elections, with 69% of Democrats and 61% of Republicans against using prediction markets for election results. The survey of 4,506 adults nationwide revealed opposition amid ongoing regulatory disputes

Monero (XMR) broke above $600 on October 18, advancing approximately 6% during the trading session and extending a recovery that follows veteran trader Peter Brandt's bullish assessment of the privacy-focused cryptocurrency earlier this month. The move comes four days after analysts

The Bitcoin Policy Institute released the third-quarter update of its 'Money for AI' study, prompting Strategy executive chairman Michael Saylor to comment on X that smart money saves in Bitcoin. The research examines which forms of money AI models would select if they operated as autonomous

Nvidia closed Friday, October 16, 2026, at $214.13, down $3.10 or 1.43 percent from Thursday's $217.23, marking a weekly decline of 6.61 percent from the October 9 close of $229.28. The drop occurred within the

David Schwartz warned cryptocurrency holders on October 16 about a suspicious SecuX wallet notification directing users to a phishing website. The Ripple CTO Emeritus discovered the notification requested 12- or 24-word recovery phrases. The warning emerged as SecuX announced emergency maintenance o

The XRP Ledger's fixCleanup3_4_0 amendment has secured 30 votes from 36 trusted validators, exceeding the 29 required for approval and positioning the upgrade for projected activation on October 23 at 09:34 UTC. The amendment first achieved supermajority support on October 9, triggering a two-week c

Anthony Welfare, former Ripple CBDC adviser, stated that banks could increasingly adopt the XRP Ledger without generating proportional demand for XRP. Speaking on the AllinCrypto Podcast, Welfare argued that technological capabilities alone cannot guarantee

Bank for International Settlements economists Iñaki Aldasoro and Rashad Ahmed published a working paper finding that higher bank deposit rates predict slower stablecoin market growth, using U.S. data from January 2019 through June 2025. The research showed that a one-basis-point increase in deposit