Gate Cryptocurrency News and Market Analysis

Bitcoin is experiencing weak spot demand and declining open interest in futures markets, according to on-chain analytics platform CryptoQuant. The firm identifies the $69K price level as a critical support point in current market conditions. CryptoQuant attributes the weakness to cautious trader

South Korea's Financial Services Commission will examine whether financial institutions were involved in the KOK Coin scandal, which caused about $1.88 billion in losses. FSC Chairman Kim Byoung-hwan made the remarks during a parliamentary audit by the National Assembly's Political Affairs

Federal Reserve officials voted 12 to zero on September 16 to raise the target rate by a quarter point to 3.75% to 4.00%, and minutes released from that meeting show most participants thought another increase would probably be appropriate by year-end. The decision marked the Fed's first rate increas

Solidigm, the U.S. NAND flash company owned by SK Hynix, selected Goldman Sachs and Morgan Stanley as lead underwriters for a U.S. stock market listing, Bloomberg reported on Oct. 7 citing people familiar with the matter. The initial public offering could raise about $10 billion, with the company's

NEAR Protocol surged into the top 20 digital assets by market capitalization as of 5:25 p.m. on October 8, trading at $5.36 with a 4.17% daily gain. The rally was driven by ecosystem growth and the launch of a U.S. spot exchange-traded product. NEAR's market capitalization reached approximately $7 b

Applied Digital Corp. shares jumped nearly 5% in early premarket trading on Thursday after the AI data center operator reported fiscal first-quarter results that topped Wall Street expectations. Revenue for the quarter ended August jumped 322% to $341.9 million from $80.9 million a year earlier,

TSMC reported September revenue of 511.86 billion Taiwan dollars on October 8 (local time), marking a 54.6% increase from the same period last year. The world's largest foundry company attributed the growth to strong AI semiconductor demand. The September performance contributed to TSMC's

Pendle unveiled new yield strategies at the Token2049 conference, focusing on bridging decentralized finance (DeFi) and traditional finance (TradFi). The platform highlighted funding rate arbitrage as a major yield source to attract capital into the ecosystem. Pendle is integrating real-world

Samsung Electronics partnered with Sui to integrate USDC stablecoin transfers into Samsung Wallet, making the service available to approximately 82 million U.S. Galaxy device users at launch. The rollout will begin in the United States on eligible Galaxy devices, with plans to expand to additional i

Korea Financial Investment Association (KOFIA) announced on the 8th that it is considering a fund-of-funds structure for a 300 billion won joint fund with securities firms to activate the venture recovery market. The association aims to select a fund manager by the end of this year and begin

On September 1, 2026, a new digital assets law entered into force in Russia, legalizing regulated cryptocurrency trading throughout the country. The Bank of Russia now supervises licensed cryptocurrency intermediaries, while retail investors can purchase cryptocurrencies through approved channels, subject to an annual limit of 300,000 rubles (approximately $3,700) per licensed broker. Law Takes Effect Bill No. 1194918-8 was approved by the State Duma in its second and third readings on July 21,

Deus X Capital is winding down operations three years after founding, CoinDesk reported on October 8. The digital-asset and fintech investment firm ceased operations after its key investors decided to pursue separate investment strategies, with formal liquidation scheduled to complete on

Standard Chartered's Singapore unit announced plans to offer crypto custody services for institutional investors, targeting selected crypto assets, stablecoins, and tokenized real-world assets, subject to applicable regulatory requirements. The expansion extends the bank's existing crypto custody fo

Hyperliquid Labs distributed 3.75 million HYPE tokens valued at approximately $330 million under an over-the-counter agreement on October 7, completing the first stage of one of the largest team-token releases in the network's history. The distribution followed completion of a seven-day unstaking pr

DFI experienced a 68.37% price collapse in one hour, dropping from $0.00205429 to $0.00065. The sharp decline occurred amid major selling pressure and extremely thin market liquidity, with 24-hour trading volume at only $61.03. The cryptocurrency market is experiencing significant volatility, with m

Ethereum Foundation researcher Justin Drake urged the crypto industry on October 7, 2026, to plan a controlled migration of funds to fresh addresses with unexposed public keys. His 'bunker mode' proposal addresses a hypothetical AI-assisted break of ECDSA before quantum computing reaches 'Q-Day.' Dr

The U.S. Commodity Futures Trading Commission announced an advance notice of proposed rulemaking on October 5 introducing federal frameworks for certain cryptocurrency trading platforms under existing statutory authority. CFTC Chairman Michael Selig proposed two regulatory structures—Regulation

Sui Network launched CCTP V2, enabling USDC to transfer seamlessly between Sui and 29 other supported blockchains. The innovation simplifies the development of payments and treasury products by eliminating the need for complex bridge designs. The announcement surfaced through the @SuiNetwork

Japanese Prime Minister Takaichi Sanae stated that Japan is no longer at a stage requiring reflation policy characterized by monetary easing and aggressive fiscal spending. Takaichi made the remarks in parliament on 이날 (this day), according to Kyodo News. The statement follows comments by US

Coinbase generated approximately $6 million from subscriptions and services in the second quarter of 2020, a figure that grew to $555 million by the second quarter of 2026, accounting for 48% of net revenue according to the company's shareholder update. The growth reflects a strategic shift among ma