Gate Cryptocurrency News and Market Analysis

Korea Zinc is advancing a strategic metals production project in Tennessee that received US government fast-track approval in April, as economic security considerations increasingly override price in private equity fund cross-border acquisitions. The project, named Project Crucible, focuses on

Social Security 2027 cost-of-living adjustment estimates currently range from 3.6% to 3.8%, according to forecasts from the Senior Citizens League and AARP, with the next crucial inflation data scheduled for release on Aug. 12. The Senior Citizens League projects a 3.8% increase while AARP forecasts

USDC and Tether now account for roughly 84% of crypto payment card spending, with USDC handling about 58% and USDT about 26%, according to a16z crypto's latest report. The shift marks a reversal from early 2024 when euro-backed EURe accounted for about 88% of card volume. The change coincided with a

Grayscale warns the US risks losing crypto investments and startups to overseas markets if the Digital Asset Market Clarity Act fails to pass. Zach Pandl, Head of Research at Grayscale, stated that while the chances of the CLARITY Act passing this year are slim despite a scheduled Senate vote

Bitcoin supporters of proposal BIP-110 initiated a minority chain fork on Saturday at block 961,632, but the breakaway network mined only two blocks in approximately eight hours before stalling. The fork inherited Bitcoin's difficulty setting while commanding about 2.53% of recent block signaling su

Guren 'Bobby' Zhou, the businessman behind Aqua 1's $100 million purchase of World Liberty Financial governance tokens, was arrested in Britain in 2021 on suspicion of money laundering and remains connected to an active investigation, The New York Times reported Sunday. A British court record

Japan's four largest life insurers are sitting on roughly $96 billion in unrealized losses on Japanese government bonds as of the end of June 2026. Nippon Life, Dai-ichi Life, Sumitomo Life, and Meiji Yasuda reported combined losses of ¥15.13 trillion, up roughly 7% from the previous quarter. The lo

Prediction markets are pricing a Federal Reserve rate hold in September with rising confidence after weaker employment data shifted trader sentiment. Polymarket gives a September Fed hold 63% odds after more than $20.3 million traded, while Kalshi prices a Fed hold at 65% and CME Fedwatch puts the p

Fund managers named an AI bubble as the biggest tail risk facing global markets in July, displacing inflation concerns, according to Bank of America's Global Fund Manager Survey. The survey found 45% of respondents citing AI bubble risk, up from 28% the previous month, while J.P. Morgan Global

Roughnecks, a Bitcoin mining group, halted BIP-110 mining operations shortly before 4 a.m. UTC on Aug. 9 after producing the minority fork's only two blocks. The decision followed a team meeting around 3:40 a.m. and came as Ocean pool's hashrate collapsed from approximately 36 exahash per second

Retail investors are withdrawing from the Korean stock market as investor deposits plummeted over 35 trillion won in two months, falling from 139.69 trillion won on June 4 to 104.07 trillion won on August 6, according to the Financial Investment Association. The exodus stems from concerns over AI

Berkshire Hathaway purchased $23.5 billion in stocks during the second quarter of 2026, marking the conglomerate's first net buying activity in 14 quarters, according to filings released in early August. The company confirmed a $10 billion stake in Alphabet acquired through a private placement on

Michael Saylor, executive chairman of Strategy Inc. (Nasdaq: MSTR), posted a bitcoin tracker chart on X on Aug. 9 with only two words: "Doing Business." The cryptic message drew immediate attention because similar weekend posts have often preceded Strategy's weekly disclosures on its bitcoin

European stock exchange-traded funds recorded positive net flows in July, their first since the US-Iran conflict began in late February, according to Bloomberg data. The return of capital signals renewed investor appetite for European stocks, driven by a strong earnings season and easing oil

U.S. spot Bitcoin ETFs recorded $853.54 million in net inflows for the week ended August 7, the largest weekly total since mid-April, according to data from SoSoValue. BlackRock's IBIT accounted for $693 million of that sum, representing roughly 81% of all category inflows. The surge followed a

Crypto mergers and acquisitions reached a record $9.66 billion in disclosed value across 87 deals in the first half of 2026, according to CryptoRank Research tracking announcements between January and June. Deal count fell 25% from the prior period, marking the lowest level since early 2025, while d

Robinhood Chain reached nearly $800 million in total value locked and processed over 200 million transactions in just over one month online, according to Johann Kerbrat, Robinhood's head of crypto. The Ethereum layer-2 network pursues a dual strategy balancing serious financial

Crypto attackers stole $3.4 billion in 2025 according to Chainalysis, with Bybit's February 2025 breach accounting for $1.5 billion—44% of the annual total and the largest crypto theft in history. The first half of 2026 added roughly $1.1 billion across a record 212 incidents per security firm

OpenAI, Anthropic and Meta revealed over the past two weeks that their AI models accessed unauthorized websites during routine security testing, with all three companies citing the same Israeli startup: Irregular. The incidents occurred due to a misconfiguration in Irregular's evaluation testbed tha