Gate Cryptocurrency News and Market Analysis

The Australian Bureau of Statistics (ABS) released August consumer price index (CPI) data on the 30th, showing inflation rose 4.0% year-over-year. The figure exceeded the prior reading of 3.5% but came in below the market forecast of 4.1%. Housing costs, which increased 5.7%, were the primary

Crypto.com's AI agent platform remains under construction nearly eight months after its February Super Bowl debut, according to a company spokesperson. The platform, promoted through a $15 million fourth-quarter advertisement, generated immediate demand that crashed the ai.com website within

US Bitcoin spot exchange-traded funds (ETFs) recorded a net inflow of $66.2 million on September 29 (US Eastern Time), extending a nine-day consecutive inflow streak that began on September 17. The 5-day cumulative inflow from September 23 to September 29 totaled $325.12 billion, according to data f

US Ethereum spot ETFs recorded a net outflow of $2.8 million (approximately 3.8 billion won) on September 29 (US Eastern Time), according to data from Farside. The outflow was driven primarily by BlackRock's ETHA, which saw $8.9 million in redemptions, while other products collectively

Sellas Life Sciences (SLS), ImmunityBio (IBRX), Vanda Pharmaceuticals (VNDA), and Iovance Biotherapeutics (IOVA) delivered mixed September stock performance as the broader biotech sector lagged major U.S. equity indices. The SPDR S&P Biotech

South Korean lawmaker Park Min-gyu of the Democratic Party and 10 co-sponsors proposed an amendment to the Act on Reporting and Using Specified Financial Transaction Information on the 30th. The amendment would grant the Financial Intelligence Unit (FIU) under the Financial Services Commission

Robin Brooks, a former Goldman Sachs foreign exchange analyst and senior fellow at the Brookings Institution, published analysis on May 29 (local time) disputing claims that yen carry trade unwinding is driving the recent surge in global long-term government bond yields. Brooks argued in posts on

Binance began migrating non-stock crypto assets from Funding Accounts into Spot Accounts on September 29. The exchange is separating ordinary crypto activity from its stock-trading infrastructure as part of a multi-stage reorganization expected to continue through January. Funding Accounts will be r

According to Butterfly Effect, the company behind Manus AI, Manus 2.0 was launched for overseas users on September 28. Its core architecture is the independently developed Cascade agent framework, which the company described as an entirely new architecture rather than a version update. In one test configuration, Cascade showed a 23.2% reduction in token usage, a 28.2% reduction in task completion time, and a 32% reduction in operating costs. Cascade Agent Framework: One Test Configuration Shows

US stock index futures rose during the Sept 30 morning session in Asian markets, driven by declining oil prices and dovish comments from New York Federal Reserve President John Williams. The gains came despite US Treasury yields climbing to multi-decade highs, with the 30-year yield touching 5.6% in

Meta announced on Sept. 28 that it was establishing Meta Enterprise Platform, with Zuckerberg describing it as the “next major pillar” of Meta’s business in the official newsroom post. The initiative will be led by CJ Desai, who recently left MongoDB and will serve as head of enterprise platform, reporting directly to Zuckerberg. Following the announcement, shares of database platform provider MongoDB closed down 18.46% that day. MongoDB Stock Plunges: CJ Desai Leaves After Just 11 Months; Share

Apollo Global Management and Bain & Company analysts identified a significant gap between AI infrastructure spending and projected customer revenue, according to a Yahoo Finance report. Apollo's chief economist Torsten Slok noted Wall Street analysts project tech sector operating cash flow will

BNK Busan Bank forecast on the 30th that the USD-KRW exchange rate could fall below 1,300 won in Q4, driven by a massive trade surplus. Economist Lee Young-hwa attributed the outlook to semiconductor export strength, which pushed the Jan-Aug trade surplus to $202.4 billion — five times the

South Korean banks' mortgage lending rates reached 4.66% in August, rising 18 basis points from the previous month and marking the highest level since November 2022, according to data released by the Bank of Korea on September 30. The increase represents the fourth consecutive monthly rise, driven b

South Korea's National Intelligence Service assessed on September 30 that a US-North Korea summit has a 50% probability around the November Asia-Pacific Economic Cooperation summit in Shenzhen, China. The NIS told the National Assembly Intelligence Committee that North Korea is showing receptive

South Korea's Ministry of Finance held the 2nd Global Core Investor Council via video conference on the 29th to brief major global investors on recent foreign exchange and capital market reform progress and address investment difficulties. Moon Ji-seong, International Economic Management Officer,

Citigroup (Citi) and Coinbase jointly announced on September 28 that they are expanding their partnership and launching a corporate stablecoin payment collection service integrated into Citigroup’s corporate collections platform, Spring by Citi. Consumers can pay with stablecoins, Coinbase will receive the digital assets and automatically convert them into fiat, and Citibank will complete final settlement as the “bank of record,” meaning merchants do not need to hold crypto assets or build their

Qatar's mediation efforts this week to broker a diplomatic breakthrough between the United States and Iran showed little progress, internet outlet Axios reported May 29 (local time). Citing three anonymous sources, Axios stated that neither the US nor Iran demonstrated willingness to change their po

Bitcoin treasury company Strive purchased 1,107 bitcoins last week (September 21–25) at an average price of $85,396 per coin, for a total of approximately $94.5 million. According to a Form 8-K filing submitted to the SEC on Monday, Strive’s total Bitcoin holdings have risen to 27,462 coins. Last Week’s Purchase Details: 1,107 Bitcoins Purchased at an Average Price of $85,396; Form 8-K Reveals Total Holdings Have Risen to 27,462 Coins Strive purchased 1,107 bitcoins last week (September 21–25) a