Gate Cryptocurrency News and Market Analysis

PayPal launched PYUSDx, an infrastructure designed for other companies to build their own branded stablecoins, according to crypto commentator @kucoincom. The initiative allows partners to leverage PayPal's technology rather than competing for direct ownership of the PYUSD token. Saturn, Concrete, a

Standard Chartered initiated coverage of Sky's SKY token with a price target of $0.325 by the end of 2028, representing approximately five times the $0.065 baseline level cited in the bank's Sept. 11 research note. Geoff Kendrick, Standard Chartered's global head of digital assets research,

Nasdaq has invested $100 million in Payward, the parent company of cryptocurrency exchange Kraken, at a valuation of approximately $21 billion according to Bloomberg reporting. The investment deepens a March partnership designed to connect regulated equities with blockchain infrastructure through th

Solana reclaimed the top position in 24-hour DEX volume with $3.25 billion, surpassing Robinhood Chain's $2.72 billion per DefiLlama data. The gap of roughly $530 million marks Solana's return to the lead after Robinhood Chain briefly overtook it earlier this summer. Robinhood Chain launched its

US crude oil prices rose above $102 per barrel, reaching their highest level since May, driven by concerns over supply risks in the Middle East. The surge in West Texas Intermediate (WTI) crude oil reflects market sensitivity to geopolitical tensions and potential disruptions in oil supply. China, t

Ukraine's Armed Forces reported significant progress in their ongoing counteroffensive near Lyman, a key area in eastern Ukraine. The advances come as the Kyiv Post highlighted Ukraine's strategic preparations against Russia's Black Sea Fleet, suggesting a continuation of asymmetric maritime

Saudi Arabia shut down its East-West oil pipeline on September 11, 2026, one day after drone attacks damaged pump stations in the Riyadh and Medina regions and injured personnel. The strikes were traced to Iraq's Maysan province, a border region adjacent to Iran, though no group claimed

The US Supreme Court ruled 6-3 in February 2026 that President Trump's tariffs imposed under the International Emergency Economic Powers Act were unconstitutional, triggering $166 billion to $175 billion in refund obligations for the federal government. The court determined that taxing authority

XRP trades around $1.36 following a volatile week, while U.S.-listed XRP ETFs attracted $18.98 million across Sept. 8–10 as Bitcoin funds recorded approximately $449.45 million of net outflows over the same three sessions. The divergence in institutional flows is occurring as XRP approaches the $1.4

Grindr's tokenized stock generated $31 million in trading volume on Solana within 24 hours, according to crypto commentator @SolanaFloor. The trading activity nearly doubled the stock's volume on the New York Stock Exchange during the same period. Solana's cost-effective transaction infrastructure a

Bitwise liquidated its Dogecoin ETF, according to a report by crypto commentator @WuBlockchain. The decision comes as the cryptocurrency market experiences mixed signals across various assets. Other recent developments include Base App's reversion to Coinbase Wallet and Kalshi's launch of gold and s

Anchorage Digital partnered with stablecoin protocol Frgmnt to give institutional clients direct access to fUSD and yield-bearing sfUSD through Anchorage's regulated custody platform. The integration allows clients to hold, mint, redeem, stake and unstake fUSD without establishing separate custody r

DFI dropped 35.94% over the last 30 minutes, trading at $0.000493 after reaching an earlier high of $0.001996. The decline reflects significant selling pressure combined with thin liquidity, as 24-hour trading volume stood at just $105.65. The cryptocurrency market has experienced increased

A Coinbase user alleged that $1.3 million in USDC became inaccessible after being deposited into an account, preventing transfer of collateral to Hyperliquid before a leveraged position was liquidated, according to an Aug. 9 Reddit post. The user claimed Coinbase immediately restricted access to

Must Asset Management, the second-largest shareholder of KOSDAQ-listed Refine with a 10.2% stake, publicly urged largest shareholder Realty Fine—a consortium of Stonebridge Capital and LS Securities holding approximately 48%—to commit to offering all shareholders an equal exit price in any future st

General Motors is developing next-generation battery cells aimed at reducing U.S. dependence on China while increasing domestically sourced materials, Kurt Kelty, GM vice president of battery and sustainability, told CNBC during an exclusive interview. Kelty stated the company aims to establish a do

Revolut is facing scrutiny after on-chain investigator ZachXBT reported a data breach on September 12, 2026, exposing sensitive information of high-net-worth users. The fintech company mistakenly disclosed user data in response to a fraudulent government request. The breach raises significant

Sam Bankman-Fried filed a petition with the U.S. Supreme Court on Thursday to overturn his fraud conviction stemming from the collapse of cryptocurrency exchange FTX. The petition challenges his 2023 conviction and an approximately $11 billion forfeiture order. The filing follows recent

Robinhood CEO Vlad Tenev defended tokenized stocks, arguing that public companies should not be able to prevent third parties from creating blockchain-based products tied to freely traded shares. The comments extend a dispute with AMC Entertainment CEO Adam Aron, who demanded that Robinhood stop