Gate Cryptocurrency News and Market Analysis

Evercrest, the entity associated with KelpDAO, filed a civil claim in British Columbia on September 24 against LayerZero and its co-founder and CEO Bryan Pellegrino. The claim seeks accountability for the April 18 attack on KelpDAO's

Phala Network (PHA) surged 10.48% in one hour, reaching $0.0548. The price movement occurred amid heightened trading activity, with a 24-hour price change of 17.85%. The broader cryptocurrency market displayed mixed signals during this period. PHA Records 10.48% Hourly Price Increase PHA rose

Tether CEO Paolo Ardoino announced on X on September 24 that USDT is 'coming home' to Bitcoin, responding to Utexo co-founder Viktor Ihnatiuk who discussed USDT on Bitcoin with Morgan Stanley representatives in Washington. The announcement reflects an effort to bring the world's largest stablecoin b

Ondo Finance launched three tokenized investment portfolios based on strategies developed by BlackRock on September 24, extending the tokenization market from individual stocks and ETFs into professionally constructed multi-asset portfolios. The products—Ondo High Income Powered by BlackRock

Trading in real-world-asset perpetual contracts on decentralized exchanges reached $365 billion in the third quarter of 2026, rising 32% from the previous quarter, according to figures published by CryptoRank on September 24. Traditional financial assets have become an increasingly important part of

Starbucks is closing about 250 stores across the US and Canada this week as part of a business restructuring under CEO Brian Niccol. Chief Operating Officer Mike Grams said the company reviewed its coffeehouse portfolio and identified locations where it could not consistently deliver the

KMD plummeted 48.36% in 30 minutes, currently trading at $0.003559. The dramatic drop reflects heightened volatility in the cryptocurrency market, with trading volume registering only $0.45 over the past 24 hours. The coin declined from a high of $0.007006 to its current price, with market cap now s

Six healthcare stocks delivered significant gains in September, led by Indaptus Therapeutics (INDP) at approximately 249%, followed by Cypherpunk Technologies (CYPH) at 124%, MediciNova (MNOV) at 85%, GRAIL (GRAL) at 58%, Surrozen (SRZN) at 53%, and Moderna, Inc. (MRNA) at 39%. The gains followed

Moderna (MRNA) stock hit a fresh 52-week high of $195.71 on Thursday, extending a two-month rally that began Aug. 18 when shares traded around $63. The surge followed the company's announcement of positive late-stage trial results for its experimental personalized cancer vaccine developed with

Bitwise published a report revealing that none of the 15 institutional crypto holders it interviewed sold during the bear-market drawdown that saw Bitcoin decline approximately 50%. The report, authored by Chief Investment Officer Matt Hougan and Head of Research Ryan Rasmussen, surveyed

JobStreet by SEEK is rolling out artificial intelligence tools that can conduct initial voice interviews with job applicants on Thursday, September 24, at its JobStreet Connect conference. The technology, branded as seekAi, can ask candidates about their experience, motivations, and availability

South Korean oil refiners SK Enomove, GS Caltex, S-OIL, and HD Hyundai Oilbank are entering the immersion cooling market for AI data centers, leveraging their expertise in high-grade lubricant base oils to produce specialized dielectric fluids that submerge servers in non-conductive liquid. The

Attorney General Letitia James and Gov. Kathy Hochul filed a petition on 24 September against QCX LLC, which operates as Polymarket US, alleging illegal gambling operations in New York. The lawsuit cites a 6 July bet placed from a New York account on the New York Mets beating the Atlanta Braves, whi

Goldman Sachs revised its 12-month USD/JPY forecast to 150 yen from 165 yen, reversing its July bearish outlook on the Japanese currency. The investment bank cited accelerated rate hikes by the Bank of Japan and the potential for Japanese capital repatriation as key drivers. Strategist Karen

The Federal Reserve Board on 24 September released two proposals under the GENIUS Act to regulate stablecoin issuers it supervises, establishing requirements for reserves, capital, and redemption policies. The proposals apply to subsidiaries of state member banks approved to issue payment stablecoin

U.S. Spot Bitcoin ETFs recorded $191 million in net inflows on September 24, marking the sixth consecutive day of capital inflows into Bitcoin investment products. According to crypto commentator @WuBlockchain, the sustained inflow streak reflects growing institutional demand for Bitcoin exposure th

Tesla, Inc. launched high-volume production of its Semi electric truck at its Nevada factory on Thursday, with CEO Elon Musk calling the vehicle a 'game-changer' and noting the waiting list was already 'pretty significant.' The company also posted a teaser video on Friday for its next-generation

Michael Burry warned in a blog post published on Thursday that Big Tech and cloud companies are building enormous financial commitments through AI spending that could result in massive write-offs. The investor behind 'The Big Short' pointed to hyperscalers carrying nearly $900 billion in

Japan Finance Minister Katayama Satsuki disclosed on May 25 that US President Donald Trump expressed concerns about yen weakness during a summit with Japanese Prime Minister Takaichi Sanae on May 22 (local time). The disclosure came as the yen resumed its decline after a pause following joint Japan-

Gold prices declined to approximately $4,272.50 per ounce, reaching levels last seen in early August, as the Federal Reserve's rate increase to a 3.75%-4.00% range and projections of at least one more hike this year shaped market expectations. Market participants interpret ongoing geopolitical