Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

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Early Bitcoin Whale Transfers 50 BTC After 10-Month Dormancy

An early Bitcoin investor who accumulated BTC when the cryptocurrency traded between $10 and $15 has executed their first transaction after approximately 10 months of inactivity. According to on-chain analytics platform Onchain Lens, the whale transferred 50 BTC, valued at approximately $3.22
BTC-0.10%
CryptoFrontier·45m ago
Early Bitcoin Whale Transfers 50 BTC After 10-Month Dormancy

SpaceX Stock Surges 10.54% on Analyst Upgrades and Fed Rate Shift

SpaceX stock surged 10.54% to $127.03 as of 11:33 AM local time on August 7, the second consecutive day of sharp gains. Argus Research upgraded SpaceX to 'buy' from 'hold' with a $160 price target on August 7, driving the rally. The surge occurred despite 911.5 million shares exiting lockup on Augus
SPCX12.15%
LucasBennett·1h ago
SpaceX Stock Surges 10.54% on Analyst Upgrades and Fed Rate Shift

Bitcoin Wallet Dormant Since 2011 Moves $3.2M in BTC to FalconX

A Bitcoin wallet holding 49.97 BTC moved its entire balance on August 6, 2026 at 20:14 UTC in block 961331, marking the first transaction since the funds were received on July 16, 2011. The wallet, beginning with address "1EBz," had remained dormant for over 14 years while Bitcoin's price climbed
BTC-0.10%
CryptoFrontier·1h ago
Bitcoin Wallet Dormant Since 2011 Moves $3.2M in BTC to FalconX

Korea Zinc Files Complaint Against Youngpoong-MBK Over US Smelter Project Name

Korea Zinc filed a criminal complaint on May 5 against Youngpoong and MBK Partners for alleged unauthorized use of the 'Project Crucible' name related to a US integrated smelter project. The complaint alleges Youngpoong-MBK registered the 'Crucible TN' domain on June 27 and hosted a Nashville
CryptoFrontier·1h ago
Korea Zinc Files Complaint Against Youngpoong-MBK Over US Smelter Project Name

Whatnot Valued at $20 Billion in Series G Funding Round

Livestreamed shopping startup Whatnot closed its latest funding round on Friday at a $20 billion valuation, nearly doubling its valuation from less than a year ago. The $545 million Series G round was led by Iconiq, Lightspeed and Avra. The rapid valuation growth reflects the expanding live
EBAY2.75%
CryptoFrontier·2h ago
Whatnot Valued at $20 Billion in Series G Funding Round

Lee Hun-ki Proposes Tax Amendment Targeting Stock Price Manipulation

Lee Hun-ki and approximately ten ruling Democratic Party lawmakers proposed an amendment to South Korea's Inheritance and Gift Tax Act, dubbed the 'Stock Price Suppression Prevention Act.' The proposal targets corporate succession tax planning practices that use unlisted company valuation methods to
LucasBennett·2h ago
Lee Hun-ki Proposes Tax Amendment Targeting Stock Price Manipulation

New uncertainty surrounds a September Fed rate hike: After July NFP unexpectedly declined, how are prediction markets repricing?

On August 7, data released by the U.S. Bureau of Labor Statistics completely overturned market expectations. July nonfarm payrolls fell by 23k, sharply deviating from the market expectation of an increase of 80k and coming in below the lower bound of every economist’s forecast range—the weakest performance since 2026. Meanwhile, May and June nonfarm payrolls were revised down by a combined 103k jobs: May was revised from +129k to +63k, and June from +57k to +20k. The deterioration in employment
NAS1000.80%
US5000.48%
USIDX-0.39%
GLDX2.12%
PAXG2.11%
GateInstantTrends·2h ago
New uncertainty surrounds a September Fed rate hike: After July NFP unexpectedly declined, how are prediction markets repricing?