Gate Cryptocurrency News and Market Analysis

Reserve Rights Token (RSR) surged 32.79% to $0.002195 in the past 24 hours, breaking from sideways altcoin trading patterns. The token recovered from an earlier low of $0.001652, with the most significant movement occurring over a 30-minute period. Market participants attribute the surge to

According to Goldman Sachs internet analyst Eric Sheridan’s SpaceX quarterly preview report dated Oct. 10, the annualized short-term Spot rental rate for AI Hashrate is approximately $40–50 billion per GW. The six major cloud providers need to cumulatively generate approximately $1.42 trillion in AI revenue from 2028 to 2030 to achieve a 15% return on their AI Hashrate investments in 2026–27. Spot and Long-Term Contract Pricing According to Goldman Sachs’ Oct. 10 report and company disclosures,

French lawmakers adopted amendment I-CF821 on Friday, requiring holders of self-custodied crypto assets to report holdings equal to or above 100,000 euros ($112,000). The Finance Committee of the National Assembly backed the proposal, which would impose fines up to 10,000 euros for non-compliance. T

Apple and Microsoft disclosed blockchain patent applications on July 2 and July 30 respectively, according to filings reviewed by Digital Asset with the US Patent and Trademark Office and the World Intellectual

Bank of Korea Governor Shin Hyun-song stated on October 12 that the central bank manages its foreign exchange reserves with a focus on stability and liquidity, while emphasizing that governance, independence, and expertise are critical for pension fund management. Shin made the remarks during a

Bank of Korea Governor Shin Hyun-song apologized for failing to provide adequate warning about risks of single-stock leveraged exchange-traded funds during a parliamentary audit in Seoul on Oct. 12. Shin acknowledged the central bank responded inadequately to the product's introduction after

T-Mobile US Inc. (TMUS), Comcast Corp. (CMCSA), and Joby Aviation Inc. (JOBY) stocks hit 52-week lows on Friday. TMUS plunged over 13% to $147.90 after SpaceX's Starlink entered the telecom sector, CMCSA fell over 2% to $20.48 on similar concerns, and JOBY dropped over 5% to $5.23 following a

TikTok CEO Shou Zi Chew predicted artificial intelligence will drive major scientific breakthroughs in physics, biotech, chemistry, and material science within two to three years, speaking at the DBS Asia Future Forward Conference in Singapore on Monday. Chew cited rapid advances in AI

Chinese AI startup DeepSeek is preparing two large-scale fundraising rounds ahead of a planned initial public offering in Q1 next year. The company is raising close to 100 billion yuan (approximately 19.95 trillion won) in its current investment round, with participation from Chinese policy funds, m

JP Morgan Asset Management advised that high-quality bonds present a once-in-a-generation investment opportunity, with portfolio manager Priya Misra stating on CNBC's 'ETF Edge' program on local time 10th that investors can earn 6.5% yields on investment-grade corporate bonds without needing to

Tesla CEO Elon Musk said Tesla and SpaceX aim to make and test about 10 chip designs a year at Terafab's Giga Texas research fab. Musk compared this goal with the roughly two years he says a significant chip design typically takes to reach volume production. The research fab is part of the broader T

US spot Bitcoin exchange-traded funds recorded net outflows of $681 million during the Oct. 5-9 period, according to WuBlockchain on Oct. 12. The outflows ended a three-week streak of net inflows into spot Bitcoin ETFs. The reversal suggests a pause in the recent flow of institutional money into Bit

When a crypto exchange is blocked in India, Crypto Tax in India remains a critical concern for investors managing their digital assets. On September 9, 2026, the Financial Intelligence Unit of India (FIU-IND) served non-compliance notices to 15 platforms dealing with virtual digital assets,

Pendle Finance reported that total value locked in real-world assets has surpassed $1 billion, according to a company announcement. The milestone reflects growing demand for RWAs, which include assets such as T-bill dollars and stock tokens. The increase in TVL demonstrates substantial market

Bank of America reported that yen depreciation from Q2 2025 to Q2 2026 occurred entirely during London and New York trading sessions, contrasting with Tokyo hours where the currency remained stable. The divergence stemmed from foreign investors selling yen to hedge Japanese equity positions amid

Andrew Sheets, Morgan Stanley's Global Fixed Income Research Head, stated on a podcast on the 9th (local time) that stress is building in credit markets, particularly in low-grade segments, even as the global economy continues to show resilience amid rising interest rates. Sheets explained that

At the opening of South Korea’s stock market on October 12, 2026, SK hynix shares fell 3.2% to KRW 1,627,000, equivalent to approximately $1,220, according to Gate stock market data. Compared with the All-Time High of KRW 2,987,000 reached in late June, the cumulative drawdown has approached 45%. The decline was not an isolated event. The Korea Composite Stock Price Index also weakened over the same period, while Samsung Electronics recorded a decline of approximately 1%. More importantly, fund

One year has passed since the largest liquidation event in Crypto market history on October 10, 2025. CoinDesk Research compared Market Depth data from major CEXs and found that Bitcoin and Ethereum order book depth has fully recovered, exceeding pre-crash levels across multiple dimensions; however, altcoin USD-denominated depth continued to decline at every measurement point, while average weekly Spot Filled Amount remained nearly two-thirds below the crash week. Background of the October 10, 2