Gate Cryptocurrency News and Market Analysis

Bitcoin mining difficulty dropped 1.31% to 125.81 trillion, marking the tenth downward adjustment versus seven increases in 2026. The decline reflects roughly 150 exahash per second of mining power leaving the network as difficulty hovers just 0.7% above its 2026 low of 124.93 trillion recorded in

FIGS, a Los Angeles-based medical scrubs company, reported Q2 2026 revenue of $196.6M, marking 28.8% year-over-year growth and its third consecutive quarter of 25%+ expansion. The company's net income reached $28.4M in Q2, quadrupling from the prior-year period, while net profit margin improved

Polish outlet Onet Wiadomości reported in May, with updated coverage on August 21, that Zondacrypto CEO Przemysław Kral was not the person who really controlled the exchange. Citing a source at Poland's National Prosecutor's Office, Onet identified Marian W., known as 'Maniek,' as the exchange's

Bitcoin rebounded approximately 27% from around $62,679 on Aug. 17 to roughly $79,500 on Aug. 21, after initially falling into the $58,000–$62,000 range veteran trader Peter Brandt had forecast in January. Brandt shifted to a bullish position after Bitcoin completed an inverse head-and-shoulders

Robinhood added roughly $11.7 billion of market value on Friday as crypto-linked equities amplified Bitcoin's rally. Robinhood closed at $108.13, up 13.7% from $95.10 on Thursday, raising its market capitalization from about $85.5 billion to $97.2 billion. Bitcoin advanced about 6.4% Friday and

Strategy Inc. Executive Chairman Michael Saylor defined bitcoin's most profound breakthrough as the ability to convert economic value into digital form and bind it securely to individuals, families, companies, machines, or nations, in an Aug. 23 post on X. The statement extends Saylor's effort to

Korea Investment & Securities suspended research coverage of major stocks including Samsung Electronics and Samsung Electro-Mechanics after analysts covering semiconductors, electronics, and financial sectors recently resigned. The departures created research gaps, with the last Samsung Electro-Mech

Citadel has unwound more than 80% of the aggregate risk it acquired when it purchased a large portion of Situational Awareness's public stock portfolio, substantially reducing forced-selling pressure on AI infrastructure stocks at the end of July. Ken Griffin told investors that Citadel executed mor

Robert Kiyosaki criticized the US dollar after the Treasury announced it will increase the maximum size of liquidity-support buybacks for 10- to 20-year and 20- to 30-year government debt from $2 billion to at least $4 billion per operation, effective Sept. 9 and scheduled to remain in place

Tether abandoned an estimated $120 million Bitcoin mining project in Uruguay following a contractual dispute with state-owned power utility UTE, according to Reuters. The stablecoin issuer and UTE disagreed on power supply entitlements: Tether interpreted an agreed-upon figure as a minimum that

Ethereum returned to the $2,400 area on August 23 following one of its sharpest rallies of 2026, yet heavy trading activity on Polymarket remains concentrated on downside scenarios below June's low. ETH traded around $2,436.19 on August 23 with a market capitalization of approximately $293.9

U.S. Senator Kirsten Gillibrand (D-N.Y.) proposed on Aug. 23 that Congress bar presidents, their spouses, and senior officials from issuing, sponsoring, or profiting from cryptocurrency while in office. Her demand for an enforceable prohibition made ethics language a condition for supporting

Minneapolis Federal Reserve President Neel Kashkari stated on August 23 (local time) that the US Treasury market shows all signals of normal functioning, with trading activity and liquidity present. In an interview with CBS, Kashkari responded to questions about whether recent Treasury market

Crypto card spending reached approximately $759 million in July, with dollar-backed stablecoins funding most transactions. Nearly 9 million transactions were tracked during the month, with USDC and USDT together accounting for about 84% of activity, according to Paymentscan data cited by venture

Paul Sztorc's ECX Bitcoin fork produced more than 25,000 blocks in roughly 13 hours as of 9 a.m. EDT on Sunday, after launching at block height 963648. The network attracted 3.53 petahash per second (PH/s) of mining hashrate across multiple pools, with Ecashpool-alpha leading participation. Block pr

Federal Reserve Bank of Cleveland researchers released a working paper examining why cryptocurrency behaves differently from traditional financial assets, finding that Americans who buy crypto hold radically different beliefs about digital assets' future returns rather than simply having different d

Upbit, South Korea's largest cryptocurrency exchange, recorded approximately 1.15 trillion won ($830 million) in trading volume within a single hour on Saturday as XRP and the TRUMP meme coin dominated activity. The surge followed a 273% jump in daily volume to about $1.84 billion on August 21, Upbi

The Bitcoin Red Team, a volunteer group of approximately 20 to 25 security researchers, is scanning Bitcoin's open-source software ecosystem to identify AI-assisted vulnerabilities before attackers exploit them. Pseudonymous member Calle, who maintains the open-source Cashu protocol, said in an