Gate Cryptocurrency News and Market Analysis

The Central Board of Direct Taxes (CBDT) has issued a Guidance Note for the Reporting Crypto-Asset Service Provider (RCASP) framework, establishing standardized Crypto Tax in India reporting obligations for crypto exchanges under Section 509 of the Income-tax Act, 2025, along with Rules 241-244 of t

Hanwha Investment Securities researcher Eom Su-jin published a report on the 10th criticizing Korean M&A transaction structures where acquirers pay controlling shareholders premium prices while simultaneously purchasing discounted new shares through third-party allotments. The report,

CNBC's Jim Cramer on Friday previewed the upcoming earnings season, stating it will provide investors clarity on corporate performance and the artificial intelligence trade. Cramer made the remarks on "Mad Money" as stocks rose Friday, led

The Canadian dollar weakened after Canadian employment data showed a decline in September, pushing the US dollar higher. Canadian employment fell 68,000 in September versus a forecast gain of 7,000, according to Statistics Canada. The unemployment rate rose 0.1 percentage point to 6.5%. US

The US dollar strengthened on October 9 afternoon as the Canadian dollar weakened following worse-than-expected Canadian employment data. Canadian employment fell 68,000 in September compared to a forecast of +7,000 increase, according to Statistics Canada, while the unemployment rate rose 0.1

Solana token holder net income has remained above $400K for the past two weeks, according to CryptoTwitter commentator @SolanaFloor. This follows three consecutive weeks of negative readings. The recovery highlights growing interest in the Solana ecosystem amid mixed signals across the broader

OKX announced that real-world assets (RWAs) have surpassed $30 billion, marking over 70% growth this year. The milestone reflects increasing adoption of tokenized physical assets in the crypto space. RWAs enable instant settlement and global access, bridging traditional finance with blockchain

Hyundai Mobis is projected to achieve double-digit operating profit growth in Q3, reaching KRW 917.5 billion, driven by the strong profit resilience of its high-margin After-Service (A/S) business amid production disruptions at automakers and rising raw material costs. According to analysis of

The Commodity Futures Trading Commission (CFTC) is seeking public comments on a notice of proposed rulemaking regarding the inclusion of certain event contracts within the swap definition. The initiative was announced via the CFTC's official tweet and invites stakeholders to participate in the

C98 experienced a 10.17% price surge in the past hour, climbing to $0.01777. The cryptocurrency recovered from a daily low of $0.01515 earlier in the day, with trading volumes reaching approximately $1,406,397.68 over the last 24 hours. The price movement reflects increased network activity and

MAGIC token's price surged 11% within one hour, reaching $0.127, driven by heightened social media engagement and community sentiment. The rapid price movement occurred as the token climbed from $0.1144 to $0.127, with traders responding positively to online discussions. This surge reflects the

Solana stablecoin holder addresses have reached a record 14 million, marking a significant milestone for the blockchain ecosystem. The Solana Foundation launched an open-source atomic settlement solution called DvP (Delivery versus Payment) for institutions, while Sanctumso introduced swSOL, an

US stocks closed higher on October 9 (US Eastern Time), with the Dow Jones Industrial Average rising 0.83% to 51,654.95, the S&P 500 gaining 0.59% to 7,811.54, and the Nasdaq Composite advancing 0.64% to 27,366.17. The rally was driven by optimistic projections that OpenAI's annualized revenue

Whale Alert reported a transfer of 3,999,999 LINK tokens, valued at approximately $51 million, from an unknown wallet to Binance earlier today. The transaction was shared via Whale Alert's tweet and has captured traders' attention within the cryptocurrency markets. Chainlink, a decentralized

The USDC Treasury minted $250 million in new USDC tokens, effective immediately, according to a report by CryptoTwitter account @whale_alert. The minting action involves USDC, a stablecoin backed by the US dollar and widely used for transactions within the cryptocurrency ecosystem. USDC operates as

Goldman Sachs released data on October 9 showing artificial intelligence model costs have declined at a pace comparable to 15 years of personal computer price reductions in roughly three years. The investment bank's analysis tracked large language model pricing to demonstrate the rapid cost

Uniswap processed more tokenized stock volume than all other decentralized exchanges combined over the past 30 days, according to an announcement shared via tweet by the Uniswap handle. The claim positions the platform as a leader in tokenized stock trading within the decentralized finance sector. T

An unknown wallet transferred 1,999,999 LINK tokens, valued at approximately $25.6 million, to Binance, according to a report by @whale_alert. Chainlink operates as a decentralized oracle network that provides real-world data to smart contracts on blockchain platforms. The transfer highlights

Coinbase CEO Brian Armstrong discussed the emerging shift toward onchain finance in a recent statement, framing the transition through Amara's Law - the principle that technology's short-term impact is often overestimated while its long-term effects are underestimated. Armstrong highlighted

President Donald Trump announced Russia will immediately supply more than 300,000 tons of diesel to the US and global markets following talks with Russian President Vladimir Putin. Cointelegraph reported on October 9 that Trump made the announcement after his meeting with Putin. The supply plan