Gate Cryptocurrency News and Market Analysis

Strategy (MSTR), the world's largest Bitcoin holder, purchased 4,603 Bitcoin for $369.7 million between August 24-30, the company disclosed on August 31. The purchase, at an average price of $80,318 per Bitcoin, marks the company's first acquisition since mid-June. Strategy resumed buying after Bitc

SK Innovation and S-Oil stocks surged on the previous trading day as prolonged war-related disruptions to global refinery capacity drove refining margins sharply higher. SK Innovation closed at 135,300 won, up 7.81% from the prior session. S-Oil gained 1.07% to 151,700 won, according to Korea

South Korea's KOSDAQ market recorded a 15.9% index gain in August 2026 while daily average trading volume plummeted to 5.9869 trillion won—just 38% of May's 15.5661 trillion won level, according to Korea Exchange data. The index rose from 719.76 to 834.29 during the month, marking the

Broadcom is set to release its fiscal third-quarter 2026 earnings after the market close on September 2 (US Eastern Time), which corresponds to the morning of September 3 in Korea. The AI chip supplier, considered a key competitor to NVIDIA, will provide guidance on its artificial intelligence

Korean pharmaceutical stocks linked to hair loss treatment surged on the 2nd, with JW신약 and 현대약품 hitting daily trading limits. The sudden rally followed reports from Bloomberg and Fortune stating that hair loss treatments are becoming Wall Street's next investment focus, triggering high volatility a

Korean domestic banks' non-performing loan (NPL) ratio reached 0.63% at the end of June 2026, up 0.03 percentage points from the previous quarter, according to data released by the Financial Supervisory Service (FSS) on September 2. The increase was driven by rising NPL balances in both household an

US Treasury Secretary Scott Bessent's efforts to stabilize the bond market failed to prevent the 10-year Treasury yield from reaching a new 2025 high on local time. The 10-year yield surged to 4.798% intraday, marking the highest level since January 14, 2025, while the 30-year yield

Robinhood Chain generated $1.595 billion in 24-hour decentralized exchange volume on Sept. 1, marking a 61% increase from $989 million on Aug. 28, according to DeFiLlama. The Ethereum Layer 2 network held $738.11 million in DeFi deposits and nearly $797 million in stablecoins as of Sept. 1. DeFiLlam

Cryptocurrency whales executed significant transactions across Bitcoin and multiple altcoins as Bitcoin retreated from above $80,000 last week to around $78,000 recently. According to Lookonchain, major wallet holders made notable moves including position switches in Bitcoin, large purchases in

The White House is advancing the Clarity Act for digital assets ahead of a Sept. 15 vote. The Blockchain Association highlighted the legislation's significance during a discussion at the SALT Conference, where Lindsay Fraser emphasized the White House's role in pushing forward the bill. The Clarity

US stocks fell for the third consecutive day on September 1 (US Eastern Time), with the Dow Jones Industrial Average dropping 419.02 points (0.79%) to close at 52,766.88, the S&P 500 declining 54.67 points (0.71%) to 7,631.47, and the Nasdaq Composite falling 271.1 points (1.03%) to 26,099.77. The d

Binance launched options trading on more than 1,000 US stocks and exchange-traded funds for eligible users outside the United States through its Abu Dhabi-regulated broker-dealer, Nest Trading. The expansion follows accelerating trading in traditional financial products on the platform, with

Privacy coins Zcash (ZEC) and Monero (XMR) surged in August, with ZEC gaining 82% and XMR rising 40% according to Coingecko data. ZEC's rally followed the launch of a spot Grayscale exchange-traded fund near the end of August, while XMR's gains came after Thorchain integrated native cross-chain

HNT cryptocurrency surged 9.02% in 30 minutes, climbing from $0.553 to $0.603. The price movement occurred amid a market cap of $112,566,846 and 24-hour trading volume of $39,752,985. The surge reflects growing trader interest in the cryptocurrency, according to the source material. HNT Price

Wintermute, a prominent cryptocurrency market maker, expects Bitcoin to trade between $75,000 and $82,000 until the Federal Reserve's FOMC meeting on September 15-16. The prediction follows Bitcoin's retreat to around $78,000 after surging above $81,000 last week, triggered by Federal Reserve

BNB Chain marks its 6th birthday today, positioning itself as the largest blockchain for tokenized equities according to data highlighted by @MessariCrypto. The milestone reflects the chain's growth trajectory within the competitive blockchain sector since its April 2020 launch by Binance. As a

The UK's National Crime Agency froze $13.5 million in funds linked to online sports company Sorare following a January 2025 court order, according to a Monday report from The Sun. The freeze is part of an investigation into claims of unlicensed gambling by Sorare, which operates digital trading

Bitcoin has closed 8 of the last 13 Septembers in negative territory, averaging a 2.97% loss according to CoinGlass monthly return data tracked since 2013. September 2025 broke the streak with a 5.16% gain, only for October 2025 to turn negative for the first time since 2018 when a Trump tariff

Silhouette launched a request-for-quote (RFQ) system on Hyperliquid mainnet to enable trading of tokenized equities without requiring each asset to maintain its own order book. The block trading layer initially supports xStocks, Payward's tokenized equity framework, allowing traders to request quote

Palo Alto Networks reported fiscal fourth-quarter results that surpassed analyst estimates, driven by mounting demand for cybersecurity tools amid artificial intelligence risks. The company posted adjusted earnings per share of $1.02 against expectations of 98 cents, while revenue reached $3.41