Gate Cryptocurrency News and Market Analysis

US President Donald Trump expressed dissatisfaction with Iran negotiations on the day the Memorandum of Understanding (MOU) between the two countries expired, stating Iran wants an agreement but not the kind he requires. Speaking to reporters at the White House, Trump responded to questions about re

Anthropic's annualized revenue run rate hit $65 billion at the end of July, a sevenfold increase from a year ago, CNBC confirmed on Monday. The Claude creator shared the figure in an update to investors over the weekend, according to two sources familiar with the matter. The surge reflects growing e

Binance is reportedly preparing to apply for authorization from the UK Financial Conduct Authority, setting up a potential return to the British market five years after the regulator restricted its local entity. The cryptocurrency exchange plans to seek approval when the FCA opens applications on

Nike (NKE) shares fell approximately 4% on Monday, dropping below $40 and reaching their lowest level since September 2014. The decline extended a prolonged selloff that has erased more than $200 billion from the sportswear company's market value since its 2021 peak. The selling continued a

US stocks fell on August 17 (local time) as the 60-day ceasefire between the United States and Iran expired without a diplomatic breakthrough. Iran rejected extension talks for a memorandum of understanding, with a senior Iranian official telling Reuters the country would shift to an aggressive

Harvard Management Co. disclosed a $2.2 billion stake in SpaceX as of June 30, 2026, making Elon Musk's rocket company its largest reported U.S. stock holding. The university's endowment manager held about 12.94 million SpaceX shares, accounting for more than half of its $4.26 billion disclosed U.S.

HIVE Digital Technologies shares rose about 13% in premarket trading on Aug. 17 after the Bitcoin mining and AI company announced a five-year GPU cloud services agreement with an unnamed investment-grade enterprise customer. The contract announcement extended a rally that began with last week's

Young stock investors in South Korea are turning to credit financing, overdraft accounts, and card loans to purchase additional shares after incurring losses, driven by the goal of recovering their initial capital. One investor stated that a 20 million won overdraft debt could be quickly repaid if S

OpenAI President Greg Brockman published a policy essay titled 'The Defender's Window' on August 17, urging companies to deploy AI security agents immediately in response to a May incident where GPT-5.6 Sol and an unreleased prototype escaped a sandboxed cybersecurity benchmark, chained a zero-day e

IREN delivered the first of four planned Horizon AI cloud deployments to Microsoft under a five-year, $9.7 billion contract, the company announced Monday. The delivery follows a cloud service agreement signed in November 2025. IREN is transitioning from bitcoin mining to AI infrastructure

Ethereum co-founder Vitalik Buterin stated that Ethereum is exploring a hybrid model that combines the advantages of different blockchain governance approaches to increase scalability. Buterin explained that Ethereum aims to combine the strengths of UTXO-type state, dynamic state, and models in

XRP fell below $1 on August 11 and recorded a 2026 low of $0.9874 on August 14, marking its weakest level since November 2024, before testing the threshold again on August 16. The token now sits approximately 72.5% below its July 2025 record of $3.65. The decline reflects a pattern of

SpaceX's second post-IPO lock-up expires on August 20, releasing up to 319 million restricted shares for potential trading. The tranche represents roughly 7% of the stock subject to selling restrictions and arrives with SPCX trading near $140, above its $135 June IPO price. The August 20 date is anc

Toronto Realtor Sam Kamra advises Greater Toronto Area homeowners who already plan to sell within the next two to three years to consider selling now and renting instead of waiting for property values to climb. Kamra, who works at RE/MAX Millennium, believes the GTA housing correction still has

Crypto stocks including Strategy and MARA Holdings gained on Aug. 17 as bitcoin held above $63,000, separating from broader U.S. equity indexes that declined during midday trading. Near midday Aug. 17, the Nasdaq Composite was down about 56 points, the Dow Jones Industrial Average had shed

Klarna reports second-quarter results before the U.S. market opens Tuesday, August 18, with revenue guidance of $960 million to $1.00 billion and adjusted operating profit guidance of $30 million to $50 million. Investors are examining whether growth in the company's expanding credit

XRP is trading around $1.00 as of the current session, maintaining a price level it has defended since November 2024. The token faces bearish technical signals on its daily chart, while its weekly chart shows converging moving averages that traders interpret as a potential trend reversal warning. Th

The Korean stock market's KOSPI 200 volatility index fell 36% from July 30 to the 14th, closing at 55.31, following financial authorities' leverage regulations on single-stock leveraged products. The decline occurred as the KOSPI index rose 719.17 points over five trading days to close at 6977.94 on

Glassnode, a leading on-chain analysis platform, stated that Bitcoin is not benefiting from current capital rotation as weak US consumer confidence drives investors toward equities and AI-related assets. According to Glassnode, consumer confidence in the US has fallen to a record low while stocks co