Gate Cryptocurrency News and Market Analysis

Circle, the issuer behind the USDC stablecoin, announced a sponsorship deal with Chelsea Football Club on Friday, with USDC branding set to appear on player jerseys in the 2026/2027 season. The partnership comes approximately three months after the UK's Financial Conduct Authority sent warning

Bitcoin ETFs crossed $100 billion in assets on Thursday with $242.24 million in net inflows led by Blackrock's IBIT. The late-August rally continued drawing institutional capital across crypto ETF categories, with ether funds adding $234.51 million and solana ETFs receiving $60.91 million.

The United States lost 0.823% of its Bitcoin mining hashrate share between Q1 and Q3 2026, dropping from 37.523% to 36.7% and losing roughly 55 EH/s, according to hashrateindex.com data as of Aug. 27, 2026. Russia and China gained mining share during the same period, with Russia increasing from 16.4

Evercore ISI raised its price target for Amazon.com (AMZN) to $355 from $315 on Friday while maintaining an Outperform rating, citing survey data showing agentic AI is driving incremental retail purchases on the platform. The stock rallied approximately 4.2% following the announcement, later

Solana network validators passed SGP-0002 on Aug. 28, doubling the network's disinflation rate from 15% to 30% in the blockchain's first binding on-chain governance vote. The proposal passed narrowly with 67.0% approval against the 66.67% threshold required, with 176.29 million SOL voting in favor a

California lawmakers passed Assembly Bill 2409 restricting public officials' involvement with memecoins, with the California Senate voting 40-0 on Wednesday according to Legiscan data and the Assembly subsequently voting 78-0 to concur in the Senate's amendments. The bill, which now awaits the

HIVE Digital Technologies mined 1,004 Bitcoin in the three months ended June 30, 2026. This represented a 147% increase from the 406 BTC the company mined in the same period last year. The jump came from hashrate growth, with average operational hashrate climbing to 24.0 exahash per second, nearly t

Marvell Technology shares fell 6% on Friday despite reporting second-quarter revenue that exceeded expectations, as the chipmaker's raised fiscal 2028 outlook failed to meet elevated investor expectations. The company announced Thursday that it now expects fiscal 2028 revenue to grow

U.S. President Donald Trump's TRUMP memecoin surged over 20% on Friday, reaching a $705 million market cap as the digital asset rebounded from recent losses. The rally occurred as nonprofit Public Citizen released a report estimating investor losses in Trump-linked crypto ventures at $4.7 billion. C

Bitcoin gained $14,264, or 22.7%, in the week ending Aug. 23, closing at $77,387 in its largest weekly dollar gain on record. Galaxy Research identified Bitcoin's 50-week moving average near $82,470 as the next bottom-confirmation signal, based on a historical pattern where 11 of 13 bear markets sin

Federal Reserve Chair Kevin Warsh dedicated a full section of his Jackson Hole keynote to artificial intelligence, calling the current moment a 'hinge point in history.' Warsh cited annualized token sales at the two leading AI labs now topping $100 billion, an increase of more than 500% from a

Apple raised the monthly subscription price for Apple TV to $14.99 on Friday, up from $12.99, while the annual plan increased to $119 from $99. The company also raised the individual Apple One bundle price to $21.95 from $19.95. The price adjustments follow significant content additions since Apple

BlackBerry CEO John Giamatteo discussed the company's positioning for a future in AI on the latest episode of 'The Tech Download.' The company has transformed from a smartphone manufacturer into a provider of automotive operating systems and secure communications software. Giamatteo explained that w

Gap (GAP) stocks surged 15% on Friday after the apparel retailer reported second-quarter earnings of $0.52 per share, exceeding Wall Street's $0.48 estimate, and raised its full-year profit forecast to $2.35 to $2.45 per share from $2.30 to $2.40 per share. The rally occurred despite Old Navy, Gap's

Cryptocurrency trading firm QCP Capital has warned that Bitcoin's recent rally could lose momentum if buying pressure from short position liquidations decreases. The firm attributes Bitcoin's strong rise more to the liquidation of short positions in the futures market than to new capital inflows.

Apple on Friday increased the monthly subscription price of Apple TV to $14.99 and the annual price to $119 in the U.S., up from $12.99 per month and $99 per year. The company also raised the individual tier price of Apple One, its bundle subscription that includes Apple TV, iCloud storage, Apple

Radosław Piesiewicz, president of the Polish Olympic Committee, was detained Aug. 27 in connection with a criminal investigation into Zondacrypto, a collapsed cryptocurrency firm. Waldemar Żurek, Poland's justice minister and prosecutor general, announced the detention and confirmed prosecutors

Imax opened the door to a potential sale in December when CEO Rich Gelfond signaled the company's willingness to consider offers, but nearly nine months later no major suitors have emerged despite the stock hitting an all-time high and box office breaking records. The company held preliminary