Gate Cryptocurrency News and Market Analysis

The U.S. Labor Department reported on October 8 that initial jobless claims totaled 197,000 last week, falling 3,000 below the market forecast of 200,000 and 2,000 lower than the prior week's revised 199,000. The below-forecast result reflects ongoing labor market dynamics. Initial jobless claims se

Cartesi (CTSI) recorded a 10.13% price increase within 60 minutes, reaching $0.03414. The surge followed heightened social media activity and community engagement surrounding the cryptocurrency. This price movement occurred as the broader crypto market displayed mixed signals. CTSI

Iranian Foreign Minister Abbas Araghchi stated on October 8 that Iran has submitted a proposal called the "seven-day plan" to the United States and is now reviewing the US position on it, with a response expected within the next few days. Araghchi told Tasnim News Agency that talks are still

Simple Technology Holdings, a Web3 and digital economy platform incorporated in the Abu Dhabi Global Market, announced on 8 October the appointment of RMB Capital India Private Limited as financial advisor. The appointment comes ahead of a planned reverse merger with a special purpose acquisition co

Mysten Labs' Hashi Bitcoin finance network will begin a phased rollout in October, the Sui Foundation announced Thursday. The network secured more than $500 million in capital commitments from its launch partners. Hashi uses Bitcoin as collateral in Sui applications by minting hBTC on Sui against

Wells Fargo raised its price target for Applied Digital Corp. (APLD) stock to $55 from $50 on Thursday and maintained an Overweight rating following the company's fiscal first-quarter results. The analyst cited strong execution across Applied Digital's roughly 1.4 gigawatts of contracted capacity, w

RAFA Protocol, an AI-based fund management protocol, launched its on-chain fund management service on the Base network on October 8, according to a Cointelegraph report. The service records fund holdings, transaction history, fees, and performance on the blockchain to enable real-time investor

Payment orchestration platform Yuno partnered with Coinbase to enable merchants to accept stablecoin payments through a single integration, eliminating the need for separate cryptocurrency payment infrastructure. The integration embeds Coinbase Payments Acceptance into Yuno's existing payment

CertiK introduced a new brand identity at TOKEN2049 Singapore, positioning itself as 'The Trust Layer for Digital Value.' Chief Business Officer Jason Jiang presented the update, which signals the company's expansion beyond smart contract auditing into services for financial institutions,

Tempo led stablecoin market cap growth with a $519.1 million increase over the past 30 days, according to Token Terminal. The surge reflects growing demand for stablecoin solutions as users seek stability in the volatile crypto landscape. Tempo is incubated by Stripe and Paradigm and operates as a l

SpaceX is in talks to raise $40 billion through $10 billion in bank loans and $30 billion in investment-grade debt, with Apollo expected to lead the financing and PIMCO among institutions discussing participation. The move follows the company's $86 billion IPO in June and a subsequent $25 billion

The Securities and Futures Commission reported on October 8 that virtual-asset trading fee income at Hong Kong securities firms totaled HK$99.3 million in the first half, down HK$15.5 million or 13.5% from HK$114.8 million in the second half of last year. The decline occurred despite broader securit

AMD will use a new SB1 socket for its upcoming EPYC 9006-series 'Verano' CPUs designed for AI servers, according to a listing at Dynatron discovered by InstLatX64. The Zen 6-based processor will feature up to 72 cores operating at up to 5 GHz paired with a 24-channel LPDDR5X memory subsystem using r

Sberbank and Moscow Exchange are preparing to launch cryptocurrency trading on December 1, 2026. Both projects are currently being tested and depend on regulations from the Bank of Russia. Sberbank will enable retail and corporate clients to buy and sell Bitcoin, Ethereum, and USDT through all of its apps, while Moscow Exchange will launch cryptocurrency trading through a partner digital depository. Both launches are based on the law “On Digital Currencies and Digital Rights,” which took effect

BNB Chain's tokenized stocks market cap increased by $106.2 million over the past week. The growth was highlighted by crypto commentator @tokenterminal and follows similar increases in X Layer and Solana. The expansion reflects growing investor interest in digital assets and indicates a broader

Tangem, a Switzerland-based crypto hardware company, has expanded its Tangem Pay service with a physical Visa card and a USDC cashback program for eligible purchases. The initial release is limited to 5,000 white cards issued in cardholders' names and delivered to provided addresses. The expansion a

Ethereum and BNB Chain are leading the tokenized fund market, which now exceeds $35 billion in total market capitalization according to Token Terminal. Ethereum has issued $16.8 billion in tokenized funds, establishing its dominance in this sector. The tokenized fund market has surged 1,028.8%

Chevron CEO Mike Wirth said at the Energy Intelligence Forum in London that physical crude delivered into Asian markets is now closer to $150 per barrel than $100, while Brent futures trade near $105. Wirth's comments highlight a widening disconnect between global futures benchmarks and the real

STRK surged 10.27% in one hour to reach $0.06032, according to market data. The Starknet token's price movement occurred alongside trading volume exceeding $16 million. Over the past 24 hours, STRK increased 21.86% from $0.0547, with the hourly trading session recording a high of $0.06032 and a