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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Planet Labs Stocks Beat Q2 Estimates, Craig-Hallum Cuts Target 28.6%

Planet Labs delivered second-quarter revenue of $116.1 million, a 58% increase that exceeded Wall Street's estimate of approximately $104 million, while posting a surprise profit of $0.02 per share against consensus expectations of a $0.02-per-share loss. The Earth-imaging company's defense and
LucasBennett·24m ago
Planet Labs Stocks Beat Q2 Estimates, Craig-Hallum Cuts Target 28.6%

Yen Strengthens to 155 Per Dollar in Two Days as BOJ Rate Hike Looms

The Japanese yen strengthened to the 155 yen per dollar range in two days, continuing its appreciation trend. As of the 4th, the yen traded at 155.3-156.4 per dollar in the Tokyo foreign exchange market, according to a Korea Economic Daily report. The currency had reached 155.3 yen intraday in the
JPN2251.21%
LucasBennett·48m ago
Yen Strengthens to 155 Per Dollar in Two Days as BOJ Rate Hike Looms

Why does NFP data have such a big impact on the market? August NFP far exceeded expectations, boosting bets on a Fed rate hike.

At 20:30 Beijing time on September 4, the U.S. Bureau of Labor Statistics released the August NFP employment report. The data showed that U.S. seasonally adjusted nonfarm payrolls increased by 162,000 in August, the highest level since March and well above the market expectation of 56,000. The unemployment rate held steady at 4.1%, in line with expectations. Meanwhile, July’s figure was revised up from an initial decline of 23,000 to an increase of 21,000. This much stronger-than-expected employ
BTC0.65%
GLDX-0.76%
PAXG-0.94%
CME-0.26%
CL-3.50%
GateInstantTrends·53m ago
Why does NFP data have such a big impact on the market? August NFP far exceeded expectations, boosting bets on a Fed rate hike.

BitGo Expands Singapore Office as APAC Clients Triple

BitGo Singapore opened a new office as the company reports growth in its Asia Pacific client base and Singapore trading operations. Regional client numbers have tripled and Singapore headcount has more than doubled since BitGo received its Major Payment Institution licence in August 2024. BitGo
EthanBrooks·1h ago
BitGo Expands Singapore Office as APAC Clients Triple

Digital Asset Sellers Convert 148.5 Billion Won to Housing in South Korea

Digital asset sellers in South Korea converted 148.5 billion won into housing purchases between February 10 and July, according to data from the Ministry of Land, Infrastructure and Transport submitted to National Assembly member Kim Jong-yang's office. The figure represents the first
CryptoFrontier·1h ago
Digital Asset Sellers Convert 148.5 Billion Won to Housing in South Korea

TRUMP Coin Drops 7.48% in Five Minutes to $2.215

TRUMP Coin experienced a sharp decline of 7.48% in five minutes, dropping from $2.394 to $2.215. The rapid price movement occurred amid heightened trading activity, with 24-hour trading volume reaching approximately $56.5 million. The decline reflects broader volatility across the cryptocurrency
TRUMP-2.73%
DanielCarter·1h ago
TRUMP Coin Drops 7.48% in Five Minutes to $2.215

Binance Lists MarsCoin for Spot Trading on September 4

Binance announced the listing of MarsCoin for spot trading on September 4 at 13:00 UTC. The exchange will offer three trading pairs: MARSCOIN/USDT, MARSCOIN/USDC, and MARSCOIN/TRY. This listing marks MarsCoin's transition from Binance Alpha to spot trading. MarsCoin is an altcoin that aims to
MARSCOIN52.71%
USDC-0.02%
CryptoFrontier·1h ago
Binance Lists MarsCoin for Spot Trading on September 4

Bitcoin Shows Unexpected Strength During European Trading Hours

Bitcoin displayed unexpected strength during European trading hours recently, a period typically characterized by lower volatility and less price action. Influencer Matthew Sigel highlighted this notable behavior in a tweet, suggesting traders should closely monitor these developments. European trad
BTC0.65%
DanielCarter·1h ago
Bitcoin Shows Unexpected Strength During European Trading Hours