Gate Cryptocurrency News and Market Analysis

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Gold Futures Drop 0.85% as US Treasury Yields Rebound on October 2

Gold futures prices declined on October 2 (US Eastern Time), with December delivery gold futures (GCZ6) falling $35.70 (0.85%) to $4,166.60 per troy ounce as of 12:51 PM on the Chicago Mercantile Exchange's COMEX division. The decline occurred as US Treasury yields rebounded despite
XAU-0.67%
LucasBennett·3m ago
Gold Futures Drop 0.85% as US Treasury Yields Rebound on October 2

Spire Launches First Satellites from Boulder Facility on SpaceX Mission

Spire Global Inc. (SPIR) announced on Friday that it successfully launched the first three satellites built at its Boulder, Colorado, manufacturing facility aboard SpaceX's Transporter-18 rideshare mission. The launch marks a milestone in the company's U.S. satellite manufacturing expansion. SpaceX'
SPCX7.60%
LucasBennett·13m ago
Spire Launches First Satellites from Boulder Facility on SpaceX Mission

Porsche Shuts Down NFT Project With 96% Floor Price Decline

Porsche has shut down its PIONΞERS CIRCLE NFT project, leaving holders with digital artworks whose floor price has fallen 96% from its peak. The project, which featured NFTs modeled after the Porsche 911 and offered holders access to events and awards, launched in 2023 with a mint price of 0.911
ETH-1.13%
DanielCarter·36m ago
Porsche Shuts Down NFT Project With 96% Floor Price Decline

Anchorage Digital Cuts 17% of Workforce Amid Crypto Market Downturn

Anchorage Digital, a federally chartered US digital asset bank valued at $4.2 billion earlier this year, cut 17% of its workforce this week, CEO Nathan McCauley informed employees. The reduction stems from the prolonged crypto market downturn weighing on the company. Anchorage had
BTC-0.54%
USAT-0.02%
EthanBrooks·37m ago
Anchorage Digital Cuts 17% of Workforce Amid Crypto Market Downturn

Bitcoin Slips Below $84,000 on Binance USDT Market

Bitcoin briefly slipped below $84,000 on October 3. As of 3:42 a.m. on October 3, Bitcoin was trading at $83,936 on Binance's Tether (USDT) market, down 1.33% from a day earlier. FAQ What was Bitcoin's price on Binance's USDT market on October 3? As of 3:42 a.m. on October 3, Bitcoin was trading
BTC-0.54%
Bloomingbit·41m ago
Bitcoin Slips Below $84,000 on Binance USDT Market

U.S. Stocks Rise on Oct. 3; Nasdaq Gains 1.10%

The three major U.S. stock indexes turned higher on Oct. 3. The Nasdaq Composite rose 1.10% from the previous session to close at 27,166.07. The Dow Jones Industrial Average gained 0.40% to 51,129.22, while the S&P 500 increased 0.68% to 7,718.82. Nasdaq Composite Leads U.S. Stocks Higher on Oct.
NDAQ-1.44%
Bloomingbit·46m ago
U.S. Stocks Rise on Oct. 3; Nasdaq Gains 1.10%

Bitcoin Whales Accumulate 75,000 BTC Over 30 Days Per CryptoQuant

Bitcoin whales accumulated 75,000 BTC over the past 30 days, according to data published by on-chain analytics firm CryptoQuant on Oct. 2. Bitcoin whales are investors or addresses that hold large amounts of Bitcoin. The data indicates large holders increased their Bitcoin holdings over the past
BTC-0.54%
Bloomingbit·1h ago
Bitcoin Whales Accumulate 75,000 BTC Over 30 Days Per CryptoQuant

BLS Revises US Jobs Data Down 60,000 After Fed Rate Hike

The US Bureau of Labor Statistics slashed job gains for July and August by 60,000 following the Federal Reserve's interest rate hike on September 16. The BLS reported a 21,000 gain in July but now shows a 10,000 loss, while August estimates were cut by 29,000 jobs. The revisions stem from
UBS0.45%
LucasBennett·1h ago
BLS Revises US Jobs Data Down 60,000 After Fed Rate Hike