Gate Cryptocurrency News and Market Analysis

US consumer price index data released on Oct. 14 showed inflation above forecasts, yet the 10-year Treasury yield declined from above 5.3% to 5.19% by the close of trading that day, then fell to 5.105% in Asian trading on Oct. 15. The reversal occurred as investors shifted focus from near-term

Perpetual futures contracts tracking major Korean stocks recorded gains during overnight trading from October 15, 4 PM to October 16, 7 AM on global digital asset exchanges Binance and Hyperliquid. EWY, an ETF tracking KOSPI large-cap stocks, rose 3.33% on Binance and 3.40% on Hyperliquid during

BitGo CEO Mike Belshe identified three critical challenges that quantum computing presents for Bitcoin. Two of the challenges have potential fixes available now, while one remains unresolved and could impact asset mobility. The analysis stems from quantum technology's advancement and its

dLocal Limited (Nasdaq: DLO) moved six places higher on the Roundtable 100 this week, climbing from No. 61 to No. 55. The ranking boost followed the Uruguayan fintech's quarterly payment volume jump of 92% to $17.7 billion. Aly Madhavji, managing partner of Blockchain Founders Fund and Blue Ribbon

QUICK cryptocurrency surged 10.37% in the last hour, reaching a trading price of $0.0083. The asset recorded a 24-hour gain of 21.52%, with trading volume reaching approximately $1,482,299.19 over the same period. QUICK's price movement reflects ongoing volatility in the cryptocurrency market, with

Google Quantum AI announced Thursday in Science that a technique called magic state cultivation cut errors by approximately 40 times on its Willow quantum processor, achieving magic states with 99.99% fidelity. The breakthrough addresses a critical bottleneck: magic states are single-use resources r

Meb Faber, co-founder of Cambria Investment Management, presented at the Dirtcon conference, calling bear markets essential for purging market excesses. He advocated for increased investment in undervalued sectors including foreign stocks and small-cap equities. Faber argued these downturns

South Korea's Kospi broke below 6,000 on Oct. 15 and slid into the 5,500 range, triggering circuit breakers as both the Kospi and Kosdaq plunged more than 7%. The Korea Economic Daily conducted an emergency survey of six market strategists to assess the Korean stocks selloff, which was driven by

Solana reached 1.6K monthly active users for x402 stablecoin payments, according to CryptoTwitter commentator Token Terminal. This growth occurred amid a broader surge that brought total x402 payment active senders to 43.1K. The increase positions Solana in the competitive stablecoin transaction lan

USDC reached 32,000 monthly active senders on the Base platform as of October 15, driven by its expanding role in AI agent payments. The total number of active senders across all tracked assets and chains surged to 43,100, marking a 152% increase over the past month. This growth reflects the

Ripple Prime launched perpetual swaps tied to more than 100 traditional-market reference assets, giving institutional clients round-the-clock exposure to equities, indexes, ETFs, metals, energy and foreign exchange. The contracts reference perpetual futures listed by Trade.xyz on Hyperliquid,

West Texas Intermediate (WTI) crude oil extended its rally for a sixth consecutive trading day on the 15th, driven by a larger-than-expected drawdown in US commercial crude inventories. WTI November delivery rose $2.88 (3.03%) to close at $97.97 per barrel on the New York Mercantile Exchange,

ChangeNOW, a cryptocurrency exchange platform, discovered a website integration vulnerability on October 15 with assistance from independent security researchers and has resolved the issue. The company announced the launch of NOW AI, a dedicated protection lab, in response to the security

Strike, a financial technology company focused on Bitcoin-based services, has launched a Bitcoin account offering multiple financial capabilities. The account allows users to deposit paychecks in cash or Bitcoin, earn Bitcoin on idle cash, borrow against Bitcoin holdings without selling, pay

On-chain analytics firm Santiment reported on Oct. 12 that the number of Bitcoin wallets holding between 10 and 10,000 BTC reached a record high of 20,338. The tally has increased sharply since mid-July, even as Bitcoin's price remained volatile during the period. Bitcoin Wallet Holdings Surge

The three major U.S. stock indexes closed higher on October 16. The Nasdaq Composite rose 0.08% from the previous session to 26,713.03. The Dow Jones Industrial Average gained 1.08% to 52,177.69, while the S&P 500 rose 0.33% to 7,744.10. FAQ What did the Nasdaq Composite close at on October 16?

Hyperliquid founder Jeff Yan told Bloomberg in an interview reported on October 15 that US regulators should oversee financial firms operating markets on his blockchain rather than the network itself. Yan's proposal comes as Kraken parent Payward prepares to introduce US-regulated perpetual

zkSync announced its participation as a keynote speaker at Money 2020 on October 21. The presentation will address blockchain control and governance frameworks. zkSync is a layer-2 scaling solution for Ethereum designed to enhance transaction speeds and reduce costs. FAQ What will zkSync