Gate Cryptocurrency News and Market Analysis

Capital B, the Paris-listed Bitcoin Treasury Company, completed a 10-for-1 reverse stock split effective September 8, 2026, consolidating 382,506,040 old shares into 38,250,604 new shares on Euronext Growth Paris. The company said the regrouping is designed to attract institutional investors and

Bitcoin formed a golden cross technical pattern as its 50-day exponential moving average crossed above its 200-day EMA, with full confirmation projected around September 11. This marks the first appearance of this bullish signal since November 2025. The formation coincides with US spot Bitcoin

VeChain's VET token is testing descending resistance on the four-hour chart for the third time, a critical technical pattern that traders are monitoring closely. The token trades near $0.00484 after recovering from weakness seen in early July. Repeated tests of resistance can gradually weaken

Yuamco, the largest shareholder of STX Engine, is replacing CEO Lee Sang-soo. The company plans to hold a board meeting this month, with a shareholder meeting likely scheduled between mid-to-late October. The decision comes six months after Lee was re-elected at the March shareholder meeting.

Korean stock market investor deposits declined by 43 trillion won over four months from May 7 to September 4, dropping from 137 trillion won to 93.5499 trillion won, according to the Korea Financial Investment Association. The decline occurred as KOSPI approached the 7000 level, with the index

Matthew Tuttle, CEO of Tuttle Capital Management (TCM), stated on May 8 that he disagrees single-stock leveraged ETFs caused market volatility during a press conference held in Seoul Yeouido. Tuttle explained that leveraged ETFs are created based on stocks that already attract significant investor i

South Korea's Financial Supervisory Service is investigating Bithumb cryptocurrency exchange after the platform terminated its API trading fee waiver on the 6th at 6PM. The FSS initiated the probe following concerns that top 10 accounts reached 70% of Bitcoin trading volume during last month's

Matthew Tuttle, CEO of Turtle Capital Management (TCM), stated at a press conference in Yeouido, Seoul on the 8th that he does not view bonds as an investment target at current interest rate levels, citing unsustainable government debt globally and expectations that inflation will push rates

Nvidia Corp. announced the acquisition of open-source AI company Hugging Face on Sept. 3 for $12.93 billion, while NextEra Energy Inc. and Dominion Energy Inc. shareholders approved their merger the same day, and Vertiv

South Korea's Ministry of Economy and Finance and Moody's held a meeting on the 8th to discuss the country's budget plan and economic outlook. Moon Ji-seong, Director General for International Economic Affairs at the Ministry, and Park Chang-hwan, Budget Review Officer at the Ministry of Planning an

Republican Rep. Lloyd Smucker of Pennsylvania recently said lifting the Social Security payroll tax cap could stabilize the program. The 2026 trustees' projections show the trust fund will deplete in Q4 2032, forcing a 22% benefit cut without action. Smucker's statement reflects concern over

Korean investors shifted 1.5 trillion won into covered call ETFs in one month as the KOSPI entered September, historically the weakest month with an average -0.68% return since 2000. The move toward income-generating products reflects growing demand for stable cash flow amid

Intel shares rose over 4% in overnight trading ahead of Tuesday after President Donald Trump posted an AI-generated image on Truth Social showing himself tracking the chipmaker's stock, with monitors displaying a fictional trade from $20 to $95. Trump claimed he has made "Hundreds of Billions of

US university endowments are on track to match or exceed S&P 500 returns for the first time in years in the year ending June 30, driven by early investments in unlisted technology companies including SpaceX and OpenAI. The S&P 500 rose over 20% during the period. Consulting firm Cambridge

Samsung Electronics led a funding round for French AI startup Mistral AI, which raised €3 billion (approximately 4.68 trillion won) according to CNBC on the 8th. The investment aims to expand Mistral AI's compute infrastructure and reduce reliance on external cloud services while developing larger A

Cronos, a Layer 1 blockchain associated with Crypto.com, confirmed that roughly $9.19 million remains unrecovered following the Aug. 30 exploit on lending protocol Tectonic. An attacker manipulated collateral to borrow $120.4 million before validators halted the network and rolled back the chain, re

US President Donald Trump threatened to block Canadian aircraft manufacturer Bombardier from selling jets in the United States on Monday unless the company relocates more production operations to American territory. Trump issued the ultimatum via Truth Social, stating Bombardier must build in the US

DBS and Citi completed a cross-border US dollar payment between Singapore and New York on Saturday, settling in minutes using tokenised deposits on Swift's blockchain-based ledger. The transaction ran through Citi's New York office on September 5 and bypassed the weekend closure of traditional payme

Mizuho analyst Vijay Rakesh downgraded Intel's target price from $109 to $92 while maintaining a Hold rating, following the stock's sharp correction after a 400% rally. Intel shares surged to $140.94 on June 22 before pulling back approximately 32% to current levels around $95.8, though the stock re

Bitcoin fell below $80,000 to $79,019 after stronger-than-expected US jobs data reduced expectations for Federal Reserve rate cuts. US employers added 162,000 jobs in August, far exceeding forecasts of 55,000 to 65,000, while unemployment held at 4.1%. The resilient labor market pushed Treasury