Gate Cryptocurrency News and Market Analysis

The US Commodity Futures Trading Commission is investigating whether Polymarket complied with a 2022 settlement that required the platform to block US users from accessing its offshore operations, Reuters reported on October 28 citing two people familiar with the matter. The renewed review

Korean stock perpetual futures showed gains on overseas exchanges between October 28 4 PM and October 29 7 AM, with SK Hynix leading advances. EWY, an ETF tracking KOSPI large-cap stocks, rose 0.73% on Binance and 0.76% on

Virtuals Protocol has introduced Butler, a tool that autonomously trades based on macroeconomic events. Users can set specific parameters for their trading strategies, including actions like holding or shorting BTC based on economic indicators. The crypto market is currently exhibiting mixed

Eric Balchunas revealed that equity ETFs experience a higher percentage of total flows during down weeks for the S&P 500, highlighting a trend among ETF investors who demonstrate resilience during market weakness. This behavior reflects investors treating market dips as buying opportunities rather t

Hedera amplified a tweet from Rohit Onchain discussing tokenization complexities in the blockchain space. The tweet emphasizes that tokenization involves more than merely placing assets on a blockchain and raises questions about subsequent challenges in asset management. This discussion reflects

Google announced the global expansion of advertisements in its AI-powered Search experiences during Alphabet's third-quarter earnings call on Wednesday, as the company seeks new revenue opportunities amid slowing growth in core search advertising. Alphabet reported $127.6 billion in revenue for the

Datavault AI shares fell 49.55% to $0.067 on Oct. 27 after the Nasdaq-listed company disclosed in an SEC filing that it has been unable to complete a Bitcoin withdrawal request from crypto exchange Biconomy since June. The company also announced it will restate four financial

Crypto derivatives income is taxable in India, but these trades do not attract the 1% TDS applicable to spot transactions, according to digital law expert Gowree Gokhale in a CNBC-TV18 analysis. The distinction between derivative and spot crypto transactions creates a significant compliance

Alphabet (NASDAQ: GOOGL) reported third-quarter revenue of $127.577 billion on October 28 local time, missing market estimates of $128.22 billion despite a 25% year-over-year increase. The Google parent company's free cash flow turned negative $9.065 billion, marking the second consecutive quarter o

Fireblocks emphasized the stability of stablecoins in a recent tweet, with representative Michael Levine sharing insights from his interview on NYSE's Floor Talks. Levine addressed common concerns about the risks associated with stablecoins during the conversation. Fireblocks is a digital asset

Base announced a new functionality enabling agents to pay for inference using stablecoins. The integration aims to enhance operational efficiency of transactions on the platform and cater to growing demand for flexible payment solutions as stablecoins gain traction in the crypto sector. Base

Microsoft generated $10 billion in revenue from commercial arrangements with OpenAI in the quarter ended September 30, 2026, according to a regulatory filing released on Wednesday. The revenue, which includes revenue-sharing payments, represents nearly 11% of Microsoft's total quarterly revenue of $

West Texas Intermediate (WTI) crude oil futures for December delivery rose $2.88 per barrel to $102.78 on the 28th (US Eastern Time), marking a 2.88% gain and returning above the $100 threshold after one day. Brent crude December futures, the global benchmark, closed up $1.44 (1.26%) at $115.32.

Ripple retweeted content highlighting the first day of its Swell conference, currently taking place at The Shed. The event featured Ripple CEO Brad Garlinghouse in conversation with CNBC's Tana. The company emphasized community engagement and collaboration as central themes of the conference,

Goldman Sachs forecasts the Federal Reserve will implement only one additional rate hike despite markets pricing in three more increases, according to a memo Vicky Chang, the firm's macro strategist, sent to clients on the 28th local time. The Fed began its rate hike cycle from September, but Goldma

Microsoft reported capital expenditures below analyst expectations on Wednesday, triggering declines in neocloud stocks including CoreWeave and Nebius. The tech giant's capex and finance leases totaled $45.2 billion during the quarter, up about 30% from a year earlier but below the $50.7 billion ave

SK Hynix reported record third-quarter results on Wednesday, with revenue of 104.6 trillion won and operating profit of 83.3 trillion won, according to its earnings release. The South Korean memory chip maker's revenue rose 328% from a year earlier and operating profit rose 632%, driven by AI memory

Mike Selig, a commissioner at the US Commodity Futures Trading Commission, stated on October 28 that AI could hasten fully autonomous trading systems. He called for regulators to examine developer registration requirements, liability frameworks when systems fail, and methods to verify trading

Mirae Asset Securities is acquiring Japan's Sanko Securities for approximately 5 billion yen, with board meetings held on October 29 to approve the transaction and completion targeted by March 2027. The acquisition aims to establish Mirae Asset's first equity proprietary trading operation in Japan a