Gate Cryptocurrency News and Market Analysis

Strategy Inc, the Bitcoin treasury company formerly known as MicroStrategy and run by Michael Saylor, overtook JPMorgan in trading volume to become the 19th most-traded stock in the United States. In mid-2026, MSTR regularly moved between 15 and 25 million shares daily, with volume climbing to

The US dollar weakened on October 16 following remarks by Federal Reserve Chair Kevin Warsh stating he would not pre-judge policy decisions at the upcoming October Federal Open Market Committee meeting. Warsh told IMF Managing Director Kristalina Georgieva he does not believe in signaling actions

North American Derivatives Exchange certified US dollar-settled perpetual futures on the SEI token on October 8, 2026. The CFTC-regulated venue operates as OG.com Markets. The contracts were expected to list by October 12. SEI becomes the fifth crypto asset with CFTC-regulated perpetual futures on a

Pump.fun, a Solana-based token launchpad, rolled out a new fee structure effective October 17, 2026, introducing 0% trading fees on Solana trades through its mobile app alongside a 0.45% platform fee on trades placed via app or web. The platform will redirect all revenue from the 0.45% fee to

The United States blocked $25 billion in Iranian oil exports and froze nearly $350 million in cryptocurrency assets, according to CENTCOM commander Adm. Brad Cooper. The actions are part of the ongoing U.S.-Iran conflict characterized by military and economic tensions. The blockade and asset

Korea Investment & Securities analyst Ahn Jae-kyun issued a report on October 17 predicting the Bank of Korea will freeze its benchmark rate in October while maintaining a hawkish policy tone, with one dissenting vote

President Donald Trump said on Oct. 16 that Hyundai had announced a $560 million investment to expand its plant in West Point, Georgia. Trump made the remarks during a midterm campaign rally in Dalton, Georgia, citing foreign companies' investment in the US as an example. The investment plan by Hyun

Tokenized US Treasuries reached $15.42 billion during Q2 2026, representing a 125% growth, according to a Chainalysis report. The asset class contributed the largest dollar addition among tokenized assets, adding $8.56 billion as the total tokenized real-world asset market expanded to $36.07 billion

Bank of America strategist Sebastian Raedler issued a warning that the AI spending surge is following the path of past investment booms that ended in disappointment. Hyperscalers are now expected to spend $1 trillion over the next 12 months, up from $330 billion in early 2025, according to Raedler's

The Ethereum Foundation announced a collaboration with OpenAnonProject, emphasizing the critical importance of privacy primitives as reliance on artificial intelligence technology increases. According to a recent tweet by the Foundation, safeguarding personal data becomes essential to prevent

Democratic and Republican campaigns released Federal Election Commission filings Thursday detailing fundraising from July through September 2026, the final major snapshot before Nov. 3 Election Day. Democratic candidates significantly outraised Republican opponents in direct contributions across

Strive launched a new preferred stock offering a 15% yield backed by Bitcoin, enhancing its suite of cryptocurrency-backed income products. The financial services firm introduced the product as the cryptocurrency market faces heightened security concerns following recent Ledger wallet breaches. The

Coinbase tokenized stocks achieved $2.04 billion in trading volume over the past 30 days, according to data shared by Token Terminal. The trading activity represents a turnover rate of 57 times the stocks' market cap of $35.9 million. The volume was recorded on Base DEXs, indicating substantial

West Texas Intermediate (WTI) crude oil broke through the $100 per barrel mark on the 16th (US Eastern Time), rising for the seventh consecutive trading day, while Brent crude approached $110, reaching its highest level in about 5 months. The price surge was driven by ongoing conflict between

Replit CEO and co-founder Amjad Masad announced Thursday at TechCrunch Disrupt that the AI coding platform is no longer working with Anthropic. Masad cited multiple factors including cost, partnership considerations, and performance metrics, stating that 'ChatGPT is better now' based on internal

Fetch.ai launched ASI:One, a platform designed to enhance user access to AI agents through an App Store-like interface. The announcement was made by @Fetch_ai on Twitter, highlighting the platform's capability to allow personal AIs to browse and select appropriate agents for specific tasks. This

Defend American Jobs, an affiliate of cryptocurrency political action committee Fairshake, spent $46.6 million on advertising in Ohio's U.S. Senate race, according to a disclosure filed with the Federal Election Commission on October 16. The total represents a 55% increase over the group's

The U.S. federal government recorded a budget deficit of nearly $2 trillion for fiscal 2026, representing a 12% increase from the prior fiscal year, Cointelegraph reported on Oct. 16. The deficit reflects the shortfall between federal spending and revenue during the period from October 2025

The three major US stock indexes closed lower on October 17. The Nasdaq Composite fell 2.15% from the previous session to 26,140.03, while the Dow Jones Industrial Average slipped 0.32% to 52,002.41 and the S&P 500 declined 1.09% to 7,659.41. FAQ What were the closing values of US stocks on Octob