Gate Cryptocurrency News and Market Analysis

Moody's assigned Ripple's dollar-backed stablecoin RLUSD an A2 long-term deposit rating and a P-1 short-term deposit rating on October 27. The ratings, announced by Moody's and reported by The Defiant on October 28, apply to RLUSD issued on the XRP Ledger and Ethereum. Moody's stated that RLUSD's re

The USD/JPY exchange rate fluctuated near the 158 yen level on May 28 in the Tokyo foreign exchange market, ultimately trading at 157.790 yen as of 2:10 PM, down 0.06% from the previous session, according to Yonhap Infomax. The volatility stemmed from real demand as May 28 marked the final

Korea Social Opinion Research Institute (KSOI) released its 34th regular public opinion survey on the 28th, showing 41.6% of respondents support proceeding as scheduled with virtual asset (digital asset) taxation, while 35.1% favor postponement and 23.3% responded 'don't know.' The survey

HSBC has begun rolling out its Hong Kong dollar-pegged stablecoin, HSBC RedCoin (RCHKD), to retail customers in Hong Kong through PayMe, its digital payment application. The launch allows eligible users to transfer the digital currency to friends and family and make payments at merchants that

Samsung C&T Corporation reported operating profit of 1.1428 trillion won for the third quarter, a 15.0% increase year-over-year, the company disclosed on the 28th. Revenue reached 12.008 trillion won, up 18.3% from the same period last year, while net profit stood at 808 billion won. The

Brent crude futures rose to $115.59 a barrel in Asian trade on Wednesday 28 October, up $1.50 or 1.32 percent, while WTI climbed $1.47 to $101.37, according to CNBC. The gains followed a claim by Yemen's Houthis that they struck Saudi Arabia's Ras Tanura refinery, the kingdom's largest processing

Starknet introduced Shadow Accounts, a feature allowing users to engage with public DeFi through a separate, controlled address while keeping their main wallet confidential. The development was highlighted in a recent tweet. Shadow Accounts aim to enhance privacy in decentralized finance

Spot gold traded at $4,037.98 an ounce at 04:57 GMT on Wednesday 28 October, down 0.6 percent, with December US gold futures at $4,051.32. The dollar edged higher and oil rose after the Houthis claimed a strike on a Saudi refinery, reviving inflation worries before the Federal Reserve decision at 2

Lido, the world's largest liquid staking protocol accounting for approximately 22% of all staked Ether, reported that institutional staking inflows reached an estimated $25 billion this year, according to Will

A cryptocurrency wallet potentially connected to the $40 million UXLINK exploit accumulated approximately $6.54 million in unrealized profits from a leveraged Ethereum position on decentralized perpetual futures exchange Hyperliquid, according to data circulated on October 27, 2026. The position

Polymarket launched five-minute cryptocurrency price prediction contracts for Bitcoin, Ethereum, Solana and XRP on its US application on October 27, 2026, expanding its short-duration financial event market offerings. The new contracts allow eligible users to trade on whether each cryptocurrency's p

HD Hyundai reported Q3 operating profit of 2.9197 trillion won, a 71.5% surge from the same period last year, according to a disclosure filed on the 28th. Revenue reached 22.08 trillion won, up 21.2% year-over-year. The increases were driven by strong performance across the shipbuilding, energy,

This digest covers five business and technology developments reported on the 26th (local time). Venture capital firm Spark Capital appears over 50 times in Anthropic's IPO filing, reflecting partner Yasmin Razavi's board role and $777 million total investment. Instagram announced major video

The US Commodity Futures Trading Commission (CFTC) is investigating whether prediction market operator Polymarket complied with a 2022 enforcement settlement requiring it to stop offering noncompliant event contracts to American users. The investigation forms part of a broader inquiry opened

Impauer Technologies Inc. launched its PauerOne Wallet V1 browser extension on the Google Chrome Web Store, expanding the company's digital asset management platform beyond its existing Android and web applications. The Vancouver-based Web3 technology company received Google's store approval and the

VanEck launched its Wealth Builder ETF (WBMO) on NYSE Arca on 27 October, offering diversified exposure through other ETFs with a net annual expense ratio of 0.26%. The fund allocates across equities, bonds, and real assets, with Bitcoin exposure currently at 1.89% through the VanEck Bitcoin ETF

MyPropCapital Technology Limited launched a trading evaluation platform on October 28, 2026, using the Arbitrum One blockchain to publicly record trading rules, fees, evaluation results, and rewards. The platform addresses transparency concerns in the proprietary trading industry by allowing

The U.S. government sold a stake in artificial intelligence startup Anthropic linked to former FTX executives for approximately $630 million in October 2025. The shares were originally acquired through a $50 million investment in 2022 by former Alameda Research CEO Caroline Ellison and former FTX ex

US Treasury Secretary Scott Bessent positioned digital assets alongside AI and semiconductors in America's technology competition with China during remarks at Ripple's Swell conference at The Shed in New York on Tuesday. Bessent told Ripple chief executive Brad Garlinghouse that

The Bitcoin community is engaging in price speculation discussions centered on ideal purchase prices for BTC, driven by a dual investment strategy proposed by PancakeSwap. The decentralized exchange's strategy allows users to set desired Bitcoin buying prices while retaining USDT if the price does n