Gate Cryptocurrency News and Market Analysis

Crypto asset manager Bitwise said Bitcoin could reach $1.6 million by 2036. Cointelegraph reported on October 28 that Bitwise presented the long-term price forecast based on rising institutional demand and Bitcoin's limited supply. The

Jio Platforms, a carveout of Mukesh Ambani's Reliance Industries, broke India's IPO record as shares surged 27% during their first trading day. The strong debut helped Reliance leapfrog Tata Group to become India's largest conglomerate by market cap. Jio Platforms had previously raised billions in p

The UK government revised its GDP growth forecast for the next fiscal year downward from 1.6% to 1.0%, according to the Office for Budget Responsibility (OBR) in its Economic and Fiscal Outlook report released today. The downgrade comes amid rising energy prices driven by Middle East conflicts and i

Polygon's Agglayer has been featured in the 2026 ZK Industry Report. The report emphasizes the critical role of zero-knowledge technology in enhancing security across blockchain ecosystems, with a focus on cross-chain value transfer. This recognition highlights the growing importance of security

Michael Saylor recently criticized the rejection of stock tokenization in a tweet directed at @WatcherGuru, equating such rejection to excluding assets from an index fund. He argues that this approach undermines shareholder value by complicating ownership structures. Saylor's commentary emphasizes t

Aave launched its Earn+ feature on EthenaPay, allowing users to earn higher rewards on their investments. The decentralized lending platform introduced this feature to bring onchain yield into the mainstream and enhance its decentralized finance offerings. Aave positions the integration as a

US Treasury Secretary Scott Bessent outlined a new approach to cryptocurrency regulation during his appearance at Ripple's Swell conference in New York on October 27. The Treasury Department plans to coordinate with the Securities and Exchange

Amazon published updated engineering guidelines on October 27 warning developers to stop 'tokenmaxxing' - artificially inflating AI token usage to appear productive on internal dashboards. The company stated that metrics such as AI adoption rates and token consumption become 'deeply flawed' when

Baton Systems introduced a portfolio optimization capability designed for collateral managers, treasury teams and clearing operations. The system assesses cash and securities across multiple obligations simultaneously, rather than optimizing one margin requirement at a time, with configurable

Mercuryo launched Swaps, a digital asset conversion service supporting 38 tokens across 700 trading pairs and 1,400 total swap routes spanning multiple blockchain networks. The service uses fixed quotes and a zero-slippage model to provide transparent pricing for users converting cryptocurrency

Wall Street is divided on investment strategy ahead of the Federal Reserve's Oct. 28 rate decision, with markets pricing in a 90% chance of no change to the benchmark rate currently at 3.75% to 4.00%. AI company Anthropic has become the third-largest holder of cash-like assets among U.S.

Strategy shareholders approved a proposal to shift preferred-share dividends to a daily schedule on October 28, with 99.3% preliminary support. The measure changes the dividend cycle to daily payments for four Strategy preferred shares: STRC, STRF, STRK and STRD. Strategy is the world's largest

The Abu Dhabi Global Market (ADGM) has introduced new guidance for crypto mining, treating it as a licensable commercial activity. The regulatory framework aims to provide clarity and support for responsible mining operations. By adopting a technology-neutral stance, the guidance applies to

Movantis announced its integration with the Stellar network at the Meridian 2026 event to improve cross-border payment flows from the U.S. to El Salvador. The integration aims to accelerate the digital settlement process and enhance transaction efficiency in this key remittance corridor. This

CryptoUK has emphasized the critical need for effective market surveillance as firms prepare for the UK's proposed Market Abuse Regime for Cryptoassets (MARC). According to the industry body, technology alone cannot ensure effective market monitoring and must be complemented by reliable trading

Jason Karsh's tweet about XLM tokenomics and utility has sparked renewed interest among crypto enthusiasts after being shared by Stellar's official account. The tweet emphasizes the importance of understanding tokenomics in the context of XLM's adoption and utility. This discussion comes as the Stel

The World Bank raised its global commodity price outlook in a report released October 28, projecting energy prices will rise 32% this year after three consecutive years of declines. The upward revision stems from energy supply disruptions linked to the Middle East conflict and reduced agricultural o

Hyperliquid Labs announced on Discord on Oct. 28 that 180,000 HYPE tokens earmarked for the team would be unlocked that day, according to BlockBeats. The actual distribution of those tokens will take place on Nov. 6. Hyperliquid Labs is the developer of Hyperliquid, a global decentralized

Euronext suspended CoinShares' Zcash exchange-traded product on October 28, preventing the security from beginning trading on Euronext Paris as planned. The CoinShares Zcash ETP, trading under ticker ZCSH and ISIN GB00BNRRG954, was suspended until further notice because the post-trade

Alphabet launched Google Multi-Party Compute, a custody system for digital assets built on Solana's blockchain. The system is designed for institutional custody and is currently in private preview with major financial institutions. The commercial launch is expected in early 2027. The move reflects t