Gate Cryptocurrency News and Market Analysis

One year has passed since the largest liquidation event in Crypto market history on October 10, 2025. CoinDesk Research compared Market Depth data from major CEXs and found that Bitcoin and Ethereum order book depth has fully recovered, exceeding pre-crash levels across multiple dimensions; however, altcoin USD-denominated depth continued to decline at every measurement point, while average weekly Spot Filled Amount remained nearly two-thirds below the crash week. Background of the October 10, 2

Sui Network announced a collaboration with DATA Network and Walrus Protocol to enhance AI training data capabilities. The partnership aims to leverage real-world data while ensuring consent and provenance. DATA Network brings a registry of over 250 million receipts to the collaboration, which Sui Ne

According to CNBC reports and data from various sources, the AI boom has driven U.S. stocks sharply higher for years, while the labor force participation rate for workers aged 55 and over fell from 38.6% in August 2024 to 37.2% (Bureau of Labor Statistics data). Michael Burry, the real-life inspiration for the protagonist of the film The Big Short, publicly stated that he had converted some of his short positions in AI-related stocks into put options and moved up his timeline, believing the AI b

The Sui Foundation invested $30 million in Data Network on Oct. 12, making it the network's largest holder and bringing the AI training-data provenance project into the Sui ecosystem. The investment exceeds holdings by early developer PIP Labs and the Data Foundation itself. Data Network, formerly k

STRK dropped 10.32% within the last hour, falling to $0.10893 from $0.12147. The decline occurred as 24-hour trading volume reached $94,836,892.38. The broader crypto market displayed mixed signals during this period. STRK Records 24-Hour Price Movement In the last 24 hours, STRK recorded a

ByteDance’s CapCut video-editing software, Tencent, and Kuaishou all launched AI-powered creation tools for interactive cinematic games (ICG) in succession during the second half of 2026, aiming to capture the creator entry point and lay the foundation for large-scale production of this branching, playable video-story format. However, three major challenges remain unresolved, including AI’s current inability to produce high-quality interactive scripts and the lack of validation for the data flyw

According to a preview posted by Coinbase’s official X account on October 10, Coinbase is preparing to launch a physical collectible card pack-opening feature called Rip Packs. Users will be able to open card packs through the mobile app, with every card drawn backed by a corresponding physical card as the underlying asset. After drawing a card, users can choose to store it in the Vault or have it shipped directly to their homes. Coinbase Previews the “Rip Packs” Feature According to the preview

Dated Brent crude oil prices surged past $154 per barrel as of the 5th, marking the highest level since LSEG began tracking the data in 1991. The spread between Dated Brent physical delivery prices and Brent futures exceeded $50 last week, reaching a record high, while Brent futures traded at $103 p

Analyst Jake Koch-Gallup published an article on Substack on October 12 rebutting the core arguments of the bearish Ethereum narrative one by one. He pointed out that ETH’s market cap has reached 1,100 times its REV (real economic value) over the past year and that the market has already priced ETH in partly as a reserve and collateral asset. 65% of DeFi TVL remains locked on Ethereum and has not fallen below 62% since 2022. ETH Market Cap Is 1,100 Times Its REV Over the Past Year Koch-Gallup po

According to a report by Sina Technology citing people familiar with the matter, Ant Group has quietly begun limited testing of a new version of its multimodal AI assistant, Lingguang, and repositioned the app as a personal intelligent assistant similar to Meta Muse. As of publication, Ant Group had not issued an official announcement on the matter. People familiar with the matter said the new version’s core change is that the Lingguang app’s functional positioning has transitioned from chat, co

Mitsubishi UFJ Financial Group (MUFG) issued a report on the 9th (local time) stating that US long-term Treasury yields may have risen to excessively high levels, citing strong demand at the recent 30-year Treasury auction as evidence that rates could be forming a near-term peak. The analysis

Amazon.com Inc. shares inched up 0.4% in overnight trading late Sunday after a report said the company is close to acquiring artificial intelligence startup Decart AI in a deal that could value the company at around $7 billion. The Wall Street Journal reported, citing people familiar with the

The South Korean won strengthened to its highest level in nearly two years on October 11, with the dollar-won rate falling 0.8% intraday to 1,333.30 won. The won's advance was driven by lower global oil prices that weakened the dollar broadly and dollar sales from domestic exporters, particularly

Bitcoin fell back from above $86,000, reaching a 7-day low of approximately $80,427. As of the time of writing on October 12, it had recovered to approximately $83,760, up about 0.8% over the past 24 hours. The entire market saw approximately $162 million in liquidations over the past 24 hours, including approximately $113 million in short liquidations (69.5%). Bitcoin Price Trend: Recovered to $83,760 on October 12 According to CoinGecko data, Bitcoin declined from above $86,000 throughout the

Tencent announced on October 8 that it would shut down “Yuanqi,” its no-code AI agent building and distribution platform. The service will officially cease operations on November 9, with “business adjustments” cited as the official reason; the announcement provided no further explanation. The shutdown will be carried out in three stages. Data export will remain available until January 9, 2027, after which all user data will be deleted except for logs required by law to be retained. Three-Stage S

According to a Reuters report dated Oct. 12, Tencent plans to issue notes under its global medium-term note program and will provide potential investors with updated corporate and financial information; the term sheet seen by Reuters shows that the proposed offering includes senior unsecured notes denominated in USD and offshore Yuan. Potential maturities include 10-year and 20-year USD bonds, as well as 10-year and 30-year offshore Yuan bonds; the specific offering plan will depend on market co

According to an October 11 report by Wall Street Brief, Xiaomi’s SkyNomad N90 and N70 electric vehicles received 70,000 orders in their first month, September, with deliveries exceeding 10,000 units and setting a new annual high for monthly vehicle deliveries. Revenue from Xiaomi’s smart electric vehicle, AI, and other new business segments reached HK$110.986437 billion. Financially, Xiaomi’s current net profit margin is 7.5%, down from 8.7% last year. SkyNomad’s First-Month Data: 70,000 Orders

The Xiaomi Pad 9 Pro Max ranked first in AnTuTu’s September 2026 Android tablet performance rankings, surpassing the iQOO Pad Ultra, which features the Snapdragon 8 Elite Extreme Gen 6 and a cooling fan, to become the best-performing model among all tested Android tablets that month. This 13.3-inch tablet is equipped with Xiaomi’s self-developed Xring O3 chip. AnTuTu’s September 2026 Android Tablet Leader According to data from AnTuTu’s official website for September 2026, the Xiaomi Pad 9 Pro M

Bank of Korea Governor Rhee Chang-yong defended the August preemptive rate hike at a parliamentary audit on Oct. 12. Rhee stated the August rate increase preceded the Federal Reserve's September hike and helped stabilize financial markets while reducing future economic costs. The testimony

According to an announcement by the U.S. Commodity Futures Trading Commission (CFTC) on Oct. 10, the CFTC introduced two rule proposals: the first explicitly defines Event Contracts as “Swaps” under the Commodity Exchange Act (CEA), covering events such as sports, politics, cultural activities, and climate; the second excludes sports betting and casino games from the definition of “Swap”; each proposal has a 30-day public comment period. Contents of the Two Rule Proposals: Event Contracts Classi