Gate Cryptocurrency News and Market Analysis

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Nielsen Urges Europe to Exit US Treasuries as Deficit Hits 7% of GDP

Erik Nielsen, former Goldman Sachs Europe chief economist and UniCredit chief economic advisor, published a blog post on the 21st criticizing European nations for supporting the US fiscal deficit through Treasury purchases. Nielsen argued the US has become a high-risk debtor with fiscal deficits
LucasBennett·6m ago
Nielsen Urges Europe to Exit US Treasuries as Deficit Hits 7% of GDP

WTI Crude Falls 2.27% to $98.03 Amid Saudi Export Route Shifts

US West Texas Intermediate (WTI) crude oil October futures fell 2.27% to $98.03 per barrel during intraday trading, despite continued attacks on Saudi Arabian facilities. Yemen's Houthi rebels announced last weekend they attacked key facilities in the Saudi capital and Aramco installations in the
CL-3.08%
LucasBennett·44m ago
WTI Crude Falls 2.27% to $98.03 Amid Saudi Export Route Shifts

US Stock Market News: Palantir Doubles Revenue, Stock Stays Flat

Palantir Technologies (NASDAQ: PLTR) trades around $176, approximately where it stood a year ago, despite nearly doubling its revenue over the same period in US Stock Market News. The artificial intelligence data and analytics specialist reported second-quarter revenue of approximately $1.94
PLTR0.76%
ArjunMehta·49m ago
Palantir Doubles Revenue, Stock Stays Flat

Russia's Domestic Crypto Market: Key Aspects

This overview of the Russian crypto market covers the selection of wallets and exchanges, regulation, the impact of taxes and associated risks, and the prospects for trading, mining, and staking. It addresses security, accessibility for Russian users, platform requirements, and the need to verify legalities and fees before deposits or withdrawals.
AlexeiVolkov·56m ago
Внутренний российский крипторынок: ключевые аспекты

Trump has been granted the authority to impose tariffs on buyers of Russian energy.

The Graham Act has provided Donald Trump with a new economic tool against Russia and countries financing its energy sector. Passed on September 18, the legislation authorizes tariffs of up to 100% against major buyers of Russian oil and gas. The law divided Congress, with some lawmakers concerned about its impact on consumers and diplomatic relations. Expanding Sanctions Against Moscow After approval by both chambers of Congress, Donald Trump signed the “Lindsey O. Graham Russia and Iran Sanctio
AlexeiVolkov·58m ago
Трамп получил право вводить тарифы на покупателей российской энергии

The Bank of Russia proposed a 1% limit on banks’ crypto assets.

The Bank of Russia has proposed limiting banks’ crypto-assets to 1% of an institution’s own capital, while certain positions related to the custody of client assets would remain outside the calculation. The proposal, dated September 18, establishes N31 requirements for individual credit institutions and N32 requirements for banking groups on a consolidated basis. Each ratio compares the covered risks with the capital of the relevant institution, rather than with its total assets. What Is Include
AlexeiVolkov·1h ago
Банк России предложил лимит 1% на крипто-активы банков

Jensen Huang: Those calling for a slowdown in AI are “trying to escape existing laws”; he says the probability of a doomsday scenario in 2030 is 0%

NVIDIA CEO Jensen Huang said in an interview broadcast on CBS’s “Sunday Morning” on September 20 that industry leaders calling for slower AI development “aren’t asking for more laws; they want to get rid of the laws we already have.” He added that predictions that AI will end humanity in 2030 “have no scientific basis,” and that “2030 will not be the end of the world; the probability is 0%.” Jensen Huang’s CBS Interview Statement: The Call to Slow AI Reflects a “Desire to Get Rid of Existing Law
MarketWhisper·1h ago
黃仁勳稱2030末日機率0%

ChatGPT veteran builds Jev model that’s 200x faster and 400x cheaper by outputting probabilities instead of generating text.

TypeSafe AI, founded by former OpenAI researcher Diogo Almeida, officially launched its first product, Jev, on September 15. The company calls it the “System One Model.” Jev does not chat or write articles; it does one thing: make rapid probabilistic judgments. In the official demonstration, Jev took just 0.114 seconds to answer the same judgment question. The Origin of Jev’s Name and Design Philosophy: System One, the Jevons Paradox, and Diogo Almeida’s Founding Motivation Jev’s name contains t
MarketWhisper·1h ago
ChatGPT元老打造Jev模型

bStocks Finance Reports Weekend Tokenized Asset Trading Surge

bStocks Finance reported increased trading activity for tokenized assets during the weekend when traditional markets were closed. PancakeSwap highlighted this trend in a tweet, pointing out several trending tokenized pairs including QQQB-USDT and SPYB-USDT. The increased engagement occurred as
CAKE9.36%
CryptoFrontier·1h ago
bStocks Finance Reports Weekend Tokenized Asset Trading Surge

ZetaChain to shut down its L1 with 99.4% approval, with ZETA migrating to Solana.

ZetaChain token holders voted 99.4% in favor on September 21 of passing Governance Proposal 68, which calls for shutting down its self-built Layer 1 public blockchain and migrating ZETA tokens to Solana at a 1:1 ratio. Voter participation was 58%, exceeding the 40% quorum threshold, with 0.3% voting against and 0.3% abstaining. Proposal 68 Voting Results: 99.4% Approval, 58% Participation, and Quorum Threshold Met The vote on Governance Proposal 68 concluded at 10:58 a.m. Eastern Time on Septemb
MarketWhisper·1h ago
ZetaChain以99.4%贊成票關閉L1

Visa Requests Deactivation of the Digital Media Merchant Category Code for “Meme Coin Trading”; Cashback Loophole Set to Be Closed

Visa is moving to close a payment-classification loophole, requiring payment processors to stop labeling meme coin transactions under merchant category code 5815 (digital media). Going forward, these transactions must be processed according to standard cryptocurrency purchase rules. The issue originated with crypto payment infrastructure provider Crossmint’s Token Checkout service, which allows users to bind Visa credit cards and purchase meme coins directly. How the MCC 5815 loophole arose: An
V-0.62%
WIF0.79%
GENIUS9.73%
DEGEN3.01%
MA-0.15%
MarketWhisper·1h ago
Visa 要求迷因幣交易停用數位媒體商戶代碼

South Korea Export Share Hits 16.1% of Total Demand in 2024

The Bank of Korea released its 2024 Input-Output Tables on the 21st, revealing that exports accounted for a larger share of South Korea's total and final demand compared to the previous year. The export share in total demand rose from 14.7% in 2023 to 16.1% in 2024, while its proportion of final dem
CryptoFrontier·1h ago
South Korea Export Share Hits 16.1% of Total Demand in 2024

U.S. Treasury Secretary Responds to “Capital Flight” Concerns: The Dollar Accounts for 89.2% of Global Market Share, and the Buyback Target Will Boost Liquidity

U.S. Treasury Secretary Scott Bessent said on Sept. 20 that the dollar still accounts for 89.2% of one side of global foreign-exchange transactions, foreign investors continue to hold substantial amounts of U.S. assets, major stablecoins are also denominated in dollars, and existing data do not support the claim that capital is fleeing the United States. He also explained that the Treasury’s buybacks of U.S. Treasuries are intended to increase market liquidity and manage the debt maturity struct
MarketWhisper·1h ago
美財長貝森特回應美國資本出逃質疑