Gate Cryptocurrency News and Market Analysis

Rocket Lab (RKLB) stocks faced multiple analyst price target reductions on Friday after Citizens highlighted the impact of Neutron rocket's delayed first launch on the company's revenue prospects. Citizens cut its price target to $90 from $130 while maintaining an Outperform rating, following Rocket

US stock futures traded mixed on Friday, October 16, as the S&P 500 and Nasdaq headed for weekly losses amid concerns over artificial intelligence trade financing and elevated energy prices. The S&P 500 and Nasdaq were on track to end the week lower following a sell-off in semiconductor stocks

A scammer lost more than 60 BTC, approximately $4.8 million, after storing Bitcoin in tampered Ledger hardware wallets, blockchain analytics firm Chainalysis revealed on October 15. The theft occurred on October 9 when thieves drained three separate Ledger addresses that the scammer had funded on

MoonPay has named Anne Giviskos chief financial officer as the company expands from crypto on-ramps into trading infrastructure, stablecoin payments, agentic finance and tokenized capital markets. Giviskos most recently served as interim CFO and chief accounting officer at Navan. Her

Tokenized stocks reached a market cap of $4 billion, marking a significant milestone in digital asset markets. The growth represents an 831.8% increase over the past year, according to data shared by Token Terminal. Binance bStocks leads the sector at $1.2 billion, followed by Ondo at $992.4

On-chain analytics firm Glassnode reported on X on Oct. 16 that Bitcoin investors sold at a loss the previous day, continuing a pattern observed in recent months. The firm noted that sharp increases in stop-loss selling in early August, mid-August, and mid-September each coincided with short-term pr

Strategy, the world's largest corporate holder of Bitcoin, filed an 8-K with the US Securities and Exchange Commission on Oct. 16 seeking to maintain the annual dividend rate on its preferred stock Stretch (STRC) at 12% and shift to daily dividend payments. The company set STRC's November dividend r

In US Stock Market News today, a measure of hidden risk in the bond market has reached levels not seen since spring 2014, raising questions about long-term investment safety. The term premium—an estimate of the extra cost investors demand for buying 10-year Treasuries compared to rolling over

Intel stock closed at $95.37 on Thursday, October 15, 2026, down 2.80 percent from Wednesday's $98.12, extending a decline that has taken shares 25.1 percent below their September 24 close of $127.39. The Thursday close now sits below three separate analyst target averages: Nasdaq's $114.50, the $11

Solana's monthly stablecoin card spending reached $113.9 million, according to a tweet from CryptoTwitter commentator @SolanaFloor. The figure represents a 478% increase over the past year. The monthly volume hit an all-time high except for June, reflecting growing adoption of Solana's blockchain te

NVIDIA launched the RTX Spark laptop on the 16th through six partners including ASUS, Dell, HP, Lenovo, Microsoft, and MSI. The high-performance notebook can run artificial intelligence models without cloud connectivity, marking NVIDIA's strategic entry into the AI PC market. The RTX Spark

Taiwan is raising $4 billion through the Taiwan Electrical and Electronic Manufacturers' Association to build an industrial park in Texas designed to support smaller manufacturers that major companies like TSMC and Foxconn rely on. Taiwan Minister of Economic Affairs Kung Ming-hsin stated the

French satellite operator Eutelsat saw shares rise 25% over five days this week following service restrictions imposed by SpaceX's Starshield on Ukrainian military operations. The stock gained 16.5% on Friday after Ukraine's President Volodymyr Zelenskyy accused SpaceX of switching off Starlink

Jurrien Timmer, director of global macro at Fidelity Investments, forecasts Bitcoin could reach $300,000 by 2029 based on his long-term power-law valuation model. Bitcoin recovered toward $82,000 on October 16 after briefly dropping below $80,000, with Timmer's intermediate target of $100,000

Bonk Guy, a crypto trader known on Twitter as @theunipcs, saw his portfolio grow by over $1 million in 24 hours during a recent market rebound. The portfolio increase occurred as the trader maintained the top position on FOMO's 24-hour and all-time leaderboards, according to observations shared by @

A crypto trader claimed a $762,000 profit on the launch day of Papertrade XYZ, according to data shared by crypto commentator @lookonchain. The trader generated $10.1 billion in trading volume during the platform's first day of operation. The profit resulted from earning 252 million $PAPER tokens th

Solidus Labs appointed Kevin Webb as Vice President of Policy, bringing a former Commodity Futures Trading Commission official into a regulatory engagement role. Webb served as a CFTC detailee to the Senate Agriculture Committee, advised Chairman John Boozman on digital asset market structure, and i

XRP Ledger developers deployed a critical security fix on September 25 without waiting for the network's standard two-week validator approval process. The emergency update addressed an 11-year-old vulnerability that could have allowed attackers to create spendable XRP beyond the cryptocurrency's

CryptoQuant CEO Ki Young Ju said on Oct. 16 that concerns over Morgan Stanley Capital International-related factors affecting Strategy Inc. have already been reflected in the stock price. Ju stated that Wall Street analysts remain

CoreWeave Class A shares closed at $69.69 on Thursday 15 October 2026, up $3.91 or 5.94 percent from Wednesday's $65.78, but the bounce did not erase the week's losses: the same shares closed at $82.08 on Friday 9 October. The stock's decline coincided with CoreWeave's 2032 unsecured notes trading b