Gate Cryptocurrency News and Market Analysis

ByteDance is close to a deal to buy custom AI chips from Taiwan's MediaTek for its data centers, Bloomberg reported Thursday. MediaTek would supply ByteDance with application-specific integrated circuits (ASICs) designed for particular computing tasks. The deal follows ByteDance's earlier

US stocks fell sharply after September inflation data showed a 3.7% annual increase, exceeding expectations and the Federal Reserve's 2% target in US Stock Market News today. This raised concerns about further interest rate hikes, leading to significant losses in AI-focused companies and Bitcoin

South Korea's Financial Services Commission (FSC) is planning tighter cybersecurity requirements for financial institutions following an investigation into earlier security incidents involving 16 companies, including crypto exchanges. The regulatory review found cybersecurity deficiencies at 130

Rain, a US-based stablecoin payments platform, launched Rain Wallets, an embedded wallet service that enables business partners to offer stablecoin accounts directly within their applications. The launch expands the company's payments infrastructure beyond card spending, allowing users to receive, h

Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday reported a record third-quarter profit that beat analyst estimates, driven by sustained global demand for AI chips. The world's largest contract chipmaker posted net income of NT$763.1 billion ($23.74 billion) versus NT$746.34 billion

Melon Token (MLN) surged 13.38% in 15 minutes to reach $1.61, marking a notable shift in market sentiment as traders responded to various factors influencing cryptocurrency values. The token moved from a daily low of $1.37 earlier in the day, showcasing significant volatility. The broader cryptocurr

GLMR surged 10.4% in 60 minutes, reaching $0.01099 from $0.009955. The price movement reflects heightened market interest, with 24-hour trading volume at $5,154,573.66 and a 24-hour increase of 16.41%. The surge is attributed to general market trends and macroeconomic factors, including interest

Cryptocurrency market data provider Laevitas corrected trade direction errors affecting over 108 million Coinbase spot trades, calculation errors in approximately 1.96 million Binance options trades, and removed over 301,000 duplicate option trade records across multiple exchanges on May 3 and 7.

President Lee Jae-myung projected that South Korea is likely to surpass $40,000 in per capita income this year, potentially becoming the sixth country with a population over 50 million to reach this milestone. Speaking at a senior advisors meeting at the Blue House on the afternoon of the 15th, Lee

S&P Dow Jones Indices (S&P DJI) supported the completion of an over-the-counter derivatives transaction referencing a fully tokenized index, executed by trading firms DRW and Marex on the Derivnex platform using the Canton Network. Kaiko tokenized the benchmark and provided official index

Australia's securities regulator ASIC opened consultation Thursday on proposed capital, custody and trading requirements for crypto platforms as it prepares to implement legislation passed in April that expands oversight of the industry. The proposals include three alternative capital models,

Puffer (PUFFER) surged on October 15 after Upbit announced its listing on the exchange's won market. On Upbit's existing BTC market, the token rose more than 240% intraday from the previous day's close, driven by the new market addition. Puffer is a restaking protocol that uses deposited Ether to he

Chris White, CEO of BondCliQ and ViableMkts, stated in a CNBC interview that bond investors are starting to doubt the long-term prospects of AI hyperscalers. White explained that bond markets react over weeks and months, unlike the day-to-day reactions of stock markets, and pointed to companies

US Bitcoin spot ETFs recorded a net outflow of $261.4 million on October 14 (US Eastern Time), according to data from CoinGlass. The outflow occurred as individual products showed mixed directional flows, with Fidelity's FBTC experiencing $152.7 million in withdrawals while Bitwise's BITB saw $2.2 m

US Ethereum spot ETFs recorded a net outflow of $129.5 million on October 14 (US Eastern Time), marking a return to outflows after a brief interruption. The outflow was driven primarily by $109.8 million exiting BlackRock's ETHA product, with no products recording inflows that day. This follows a 10

The Korea Exchange triggered a Level 1 circuit breaker on the benchmark Kospi market at 12:38 p.m. on Oct. 15 after the index plunged 8.00% to 5,528.05, marking the first such trading halt in 78 days and the 10th this year. Foreign investors drove the selloff with net sales of 3.4224 trillion won, c

In US Stock Market News today, the S&P 500 Index concluded its longest streak of calm since January 2020 on October 15, 2026 (as reported in the source), falling 1.1% to end a 53-session run without a 1% decline, driven by concerns over artificial-intelligence trade sustainability and faster-than-ex

Ethereum experienced price volatility recently after failing to break above the $2400 resistance level and subsequently slipping below $1800. The price movements occurred amid low trading volumes, which intensified scrutiny among market participants. The fluctuations reflect broader trends

Crypto trader Machi experienced full liquidation after a four-month trading journey that saw an initial $56K investment grow to $12.25M before collapsing to $21.8K, according to a tweet by @lookonchain. The liquidation occurred following recent market turbulence. High-leverage trading strategies in