Gate Cryptocurrency News and Market Analysis

Kazakhstan's central bank signed a memorandum of understanding with Tether, the issuer of the dollar-pegged USDT stablecoin, on October 7 to explore a stablecoin tied to the local tenge and the tokenization of real-world assets. The partnership, which includes the Alatau City Administration, aims to

Zcash shielded pools are nearing record levels following recovery from the Orchard bug incident, according to commentary from CryptoTwitter account @Delphi_Digital. The recovery comes ahead of the NU7 upgrade scheduled for November, which will reduce the network's target block time from 75 seconds t

The International Energy Agency and European Union are discussing a further coordinated drawdown of crude and diesel stocks, according to Reuters. The exact volume and composition remain unclear, and officials have not confirmed whether the plan would add entirely new barrels beyond amounts

Tony Fadell presented an analysis of three discontinued AI devices at the inaugural MIT Future Fest, displaying images of the Rabbit R1, Humane AI pin, and Limitless pendant. The iPod creator and iPhone co-creator explained these companies approached him for guidance but he declined to help. Fadell

Bitcoin's US trading sessions have transitioned from net buyers to net sellers in recent months, according to analysis by Glassnode. Previously, US trading hours drove Bitcoin's gains from July through September.

The Commodity Futures Trading Commission (CFTC) issued a warning regarding cryptocurrency scam tactics, stating that no legitimate agency or financial institution will instruct individuals to transfer money through crypto ATMs, gift cards, or couriers. The warning, announced via the agency's

NEAR Protocol announced quantum-safe signing on its mainnet and launched NEAR Intents, bringing post-quantum assets to users across more than 30 chains. The integration provides applications with a single-click solution for accessing cross-chain functionality. As blockchain security requirements

Solana overtook BNB Chain in daily tokenized equities trading, capturing a 34% market share. CryptoTwitter commentator @SolanaFloor reported the development. The shift signals a change in the competitive landscape of digital finance and highlights growing confidence in Solana's blockchain

An unknown wallet transferred 23,984 ETH, valued at approximately $61.7 million, to Coinbase, according to a report by CryptoTwitter account @whale_alert. The transaction was highlighted in a social media post, drawing attention from the cryptocurrency community. No further details regarding the wal

Google Labs launched Playground on Wednesday, an AI-powered game-creation platform that allows users to build browser-based games using text prompts without coding expertise. The platform aims to make game development accessible to people without traditional programming, design, or illustration

US Treasury yields surged to their highest levels since 2002 as global bond selling intensified amid rising oil prices and fiscal concerns. The 30-year Treasury yield reached 5.73% intraday, while the 10-year yield climbed to 5.356%, driven by Middle East tensions pushing Brent crude to $102.23

Robinhood added $25 million worth of Bitcoin to its corporate balance sheet, giving the brokerage direct exposure to the cryptocurrency. Johann Kerbrat, Robinhood's senior vice president and general manager of crypto and international, said the purchase was intended to align the company with the Bit

LG Electronics reported Q3 consolidated operating profit of 781.8 billion won, marking the first time cumulative operating profit for the period exceeded 4 trillion won, but the stock fell 10.11% to 209,000 won. The operating profit figure came in 17% below the market expectation of 941.7 billion wo

Bitcoin traded near $91,000 on Black Friday 2025 while United States online shoppers spent a record $11.8 billion, according to Adobe Analytics. The cryptocurrency had fallen about 17% from its early November price above $110,000, even as retail spending increased 9.1% from the previous year's $10.8

Open interest in on-chain perpetual futures tied to real-world assets reached $5.78 billion on October 7, marking a 25.6-times increase since the start of the year, according to DefiLlama data. The expansion followed the entry of at least 10 venues listing RWA perps, up from a single platform at the

Gold fell to its lowest level in about two months on Wednesday, dropping roughly 1.6% to $4,096 per ounce. China extended its gold purchasing streak to 23 consecutive months even as prices declined. The selloff occurred as the U.S. 10-year Treasury yield climbed above 5.3% — its highest in over two

Flutter Entertainment (FLUT) stock rose 0.12% to $76.35 on the 7th (local time) after Citigroup upgraded its rating to Buy. The stock gained $0.09 as of 10:09 AM local time. Citigroup raised its investment opinion on Flutter from 'Neutral' to 'Buy', citing excessive recent stock decline driven by

Solana blockchain network recorded a new high in development activity in September, with monthly active programs exceeding 8,400 as funded wallets increased 38.5% to 16.1 million and daily active stablecoin addresses rose 269% year-over-year to 888,000. The growth came as the network's application e

US Stocks fell on October 7 as oil prices and Treasury yields surged, pressuring investor sentiment across major indices. As of 9:40am local time, the Dow Jones Industrial Average dropped 461.09 points (0.89%) to 51,060.19, the S&P 500 declined 47.25 points (0.60%) to 7,771.68, and the Nasdaq

The US dollar strengthened on the 7th, with the dollar index (DXY) rising 0.515% to 102.374 as of 7:51 AM Eastern Time, according to Yonhap Infomax. The currency's advance was driven by surging international oil prices and climbing US Treasury yields. The euro fell