Gate Cryptocurrency News and Market Analysis

JP Morgan and Goldman Sachs are ramping up their involvement in the cryptocurrency space, according to a tweet from @base. The move comes as midterm elections approach, suggesting growing recognition of digital assets in traditional finance. Such involvement from major banks could influence market d

Digital-asset trader Doctor Profit identified $76,000 as a critical support level for Bitcoin on October 31, following the cryptocurrency's tumble in the aftermath of the Binance hack. The trader stated on X that the risk of a drop to $67,000 to $69,000 would rise if Bitcoin falls below $76,000,

An unidentified entity deposited 1.223 million Solana (SOL) into Coinbase Prime on Oct. 31, according to on-chain analyst EmberCN. The transfer, which flowed through the same deposit address about two hours before EmberCN's X post, was valued at approximately $117 million at current prices. As

On Wednesday, October 28, 2026, the US Stock Market News showed the Dow Jones Industrial Average and the S&P 500 each gaining roughly 0.2% and 0.3%, respectively, while the tech-heavy Nasdaq Composite climbed roughly 0.3% as investors digested the Federal Reserve's 10-2 decision to hold interest

OpenAI reduced its external fundraising target by $10 billion, lowering the goal from $30 billion to $20 billion within one month, according to sources familiar with the matter. The artificial intelligence company presented a $30 billion investment target last month but adjusted it downward to $20 b

Alexander Block, a suspect accused of stealing $2.8 million in digital assets through the Nomad bridge exploit, was extradited from Israel to the United States on October 29. Israeli authorities completed the transfer after the country's Supreme Court rejected Block's appeal against extradition. Blo

Reserve Rights Token (RSR) surged 11.09% in 30 minutes, reaching a current price of $0.001623. The token has gained 21.66% over the past 24 hours and 14.70% in the past hour, following a 24-hour low of $0.001376. The surge comes amid increased trading volume of $2,885,391.61, reflecting heightened m

Jupiter Lend has restored USDC withdrawal functionality following a liquidity crunch on the platform. The announcement was amplified by Jupiter through a post from @jupiter_earn. The liquidity constraints had previously limited USDC accessibility for users of the lending platform. Jupiter Lend

SK Group Chairman Chey Tae-won met with OpenAI CEO Sam Altman over lunch in Seoul on Oct. 31, joined by senior executives from SK Hynix and SK Telecom. The meeting focused on strengthening their AI alliance, including cooperation in high-bandwidth memory supply and next-generation AI data center

In US Stock Market News, tech stocks erased over $2 trillion in value during October as investors grew cautious about aggressive artificial intelligence infrastructure spending, with the Nasdaq 100 falling 2,023.65 points in the month. The Nasdaq 100 sank by 6.65% for October, while Nasdaq

Titan Builder, an Ethereum block builder, generated approximately $22.83 million in revenue over a 24-hour period, briefly overtaking Tether to rank first in protocol revenue, according to a report by Wu Blockchain on October 31 citing DeFiLlama data. The revenue surge was attributed to increased

International credit rating agency Fitch downgraded France's credit outlook from stable to negative on October 30 (local time), citing difficulties in restoring fiscal health. The credit rating was maintained at A+, but the shift to a negative outlook increases the possibility of a future downgrade

Sandisk (SNDK) closed at $1,150.89 on Friday 30 October 2026, down $179.16 or 13.47 percent on volume of 17.6 million shares, after reporting fiscal first-quarter 2027 results that beat revenue and earnings estimates. The stock fell 18 percent across two sessions from its 28 October close of $1,404.

Franklin Templeton expanded its BENJI money market fund to the XRP Ledger, extending the product beyond its existing deployment on the Stellar network. The asset manager, which oversees approximately $1.79 trillion in assets, added the blockchain to improve operational flexibility in interest

Binance co-founder Changpeng Zhao clarified on October 31 that his mention of a SpaceX stake was not meant to pressure Tesla CEO Elon Musk. Zhao stated he referenced the SpaceX holding to show Binance owns assets beyond digital assets, as FTX comparisons had created the mistaken impression the

Chainalysis, the blockchain analytics firm used by law enforcement agencies and crypto exchanges to trace illicit funds, disclosed a security breach this month in which an external attacker used 'offensive agentic techniques' to access its systems and internal tools. In a notice published on 30

US President Donald Trump stated on the 30th (local time) that the United States is examining allegations of North Korean involvement in the Binance hack. When reporters at the White House asked whether the hack was carried out by North Korean hackers, Trump responded, 'We don't know.' The hack on t

South Korean retail investors invested approximately $2 billion in covered-call exchange-traded funds over three months ending Oct. 29, according to Koscom ETF Check data released Oct. 31. The inflows occurred during an ongoing stock-market correction that began affecting the Kospi from July. Five c