Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.
Nick Ducoff, Head of Institutional Growth at the Solana Foundation, stated that meme coins are not hindering institutional adoption of Solana but rather enabling it through developer innovation. Ducoff explained that thousands of developers are building primitives for meme coins that may
Bitcoin is holding support near $80,000 while facing resistance at $87,000, according to an analysis reported by BlockBeats on Oct. 12. Crypto-focused media outlet BlockBeats stated that QCP Capital identified repeated failed attempts to break through $87,000, with support forming around
Robinhood CEO Vladimir Tenev sold 375,000 Class A shares on October 5, reducing his directly held Class A position to zero for the sixth time in 2026, according to an SEC filing dated October 7. The sale generated approximately $42.6 million at $113.72 per share under a Rule 10b5-1 trading plan
Ethereum liquidity on Binance recently dropped to a 7-month low, according to a tweet by @ArabxChain citing CryptoQuant data. The decline in reserves indicates ETH is being moved to wallets outside the exchange, potentially reducing available supply for selling. This withdrawal pattern aligns with c
Aeternum announced on Oct. 12 that Unchained Summit India will be held Nov. 5-6 at the Courtyard by Marriott in Mumbai. The conference will focus on India's digital-asset market and regulation, tokenization, and blockchain infrastructure. This marks the third edition of the Unchained Summit,
CreditEase, one of China's largest former peer-to-peer lending groups, is facing a criminal investigation by Beijing police, according to reports from 21st Century Business Herald. Founder Tang Ning and other suspects have been placed under criminal compulsory measures. This development follows Cred
AST SpaceMobile (ASTS) stock rose 1% overnight late Sunday after the company announced that BlueBird satellites 14, 15, and 16 arrived at Cape Canaveral, Florida, and the Federal Communications Commission (FCC) granted a 30-day authorization effective Oct. 9 through Nov. 8 to test the company's 900-
Crypto.com completed the Stargate Finance (STG) token merge into LayerZero (ZRO) for its users. The token conversion occurred at a ratio of 1:0.08634, with ZRO now available for trading on the Crypto.com App and Exchange. The merge aims to streamline trading and enhance user experience within the pl
Developer Maurice Heumann used AI agents to decompile Call of Duty: Modern Warfare 2 (2009), consuming over 500 billion tokens across three months to rebuild the game's source code in C++. The project achieved 99% function presence with 83% matching the original byte-for-byte. Heumann wrote on X
South Korean stocks suffered a steep sell-off on Oct. 12, with the benchmark KOSPI dropping 3.65% to close at 6,384.24 and the KOSDAQ falling 4.83% to 849.19. Samsung Electronics declined 4.39% and SK Hynix fell 4.52%, leading technology-sector losses. The downturn was driven by foreign investors
Anseta joined the Cosmos Partner Network in a partnership aimed at supporting financial institutions' digital asset tokenization strategies. The collaboration, announced via a tweet from @cosmos, positions Cosmos as a key infrastructure provider for institutional tokenization efforts. This partnersh
Pyth Network will participate in the World Financial Information Conference (WFIC) on October 13 alongside industry leaders Nasdaq and Cboe. Michael James from Pyth Network will represent the organization in a panel discussion at the event. WFIC is a biennial conference that brings together major ma
AI executives at Anthropic and OpenAI are preparing for a catastrophic incident that could trigger public and political revolt. Industry insiders believe such an event could occur within the next six to twelve months, most likely a large-scale cyberattack disrupting financial services, internet
U.S. power companies Constellation Energy, Vistra, NextEra Energy and Dominion Energy secured major deals and faced regulatory scrutiny last week. Constellation Energy announced a long-term electricity agreement with Google covering 3,590 megawatts, while Vistra received a conditional $4.2 billion f
John Conneely discussed stablecoin growth and institutional adoption potential at CapSummitGlobal in Singapore. The event, highlighted by crypto commentator @SkyEcosystem, featured experts from Spark Finance and LayerZero_Core exploring strategies for institutional engagement with stablecoins. The d
US academics Robert Hall and Michael Woodford won the 2026 Nobel economics prize on October 12 for their work on microeconomic foundations of macroeconomic stabilization, the Royal Swedish Academy of Sciences announced. The prize, formally known as the Sveriges Riksbank Prize
China announced plans for a national blockchain network in a policy document from the Communist Party of China Central Committee and the State Council, made public by Xinhua. The document, titled 'Opinions of the CPC Central Committee and the State Council on Developing New Productive Forces,'
Robinhood Chain's launch on July 1 drove weekly decentralized exchange volume in tokenized stocks to $3.4 billion, according to data shared by Token Terminal. The figure represents a 447% increase from the previous weekly average of $627 million. The surge reflects growing interest in tokenized
UK authorities have frozen an £8.9 million London penthouse overlooking Buckingham Palace owned by Thet Li, the alleged finance chief of Prince Group, The Times reported Sunday. Li, 39, purchased the 13th-floor apartment near St James's Park in 2022. The freezing order followed a Foreign Office
Gitcoin (GTC) surged more than 100% intraday on October 12 after Upbit announced trading support for the token in its KRW and Tether (USDT) markets. The price spike occurred following Upbit's announcement