Gate Insights and Crypto Market Analysis

Michael Burry thanked tech columnist Tae Kim after Kim praised the investor for making 'a killing' on Nvidia and Microsoft calls ahead of earnings in the past month. Burry's Nvidia calls gained 50% to 60% in less than a day following second-quarter results on Wednesday, while his Microsoft calls

Nvidia paused parts of a financing program for AI cloud companies last week, according to a Wall Street Journal report citing people familiar with the matter. The chipmaker's stock slipped 1% in after-hours trading Thursday following the report. The initiative, unveiled in early July, offered

Affirm Holdings Inc. (AFRM) shares jumped over 10% overnight late Thursday, heading toward early July highs, after the buy now, pay later firm's fourth-quarter results exceeded Wall Street expectations. The company posted revenue of $1.17 billion against consensus estimates of $1.11 billion and

IREN Ltd. shares tumbled more than 8% in overnight trading late Thursday after the bitcoin miner and AI infrastructure company reported quarterly earnings below Wall Street expectations. The company reported fiscal fourth-quarter revenue of $137.2 million, missing the $157.14 million analyst

The U.S. Federal Trade Commission is investigating Alphabet Inc.'s YouTube over potential consumer protection law violations related to account suspensions, according to a Bloomberg report citing people familiar with the probe. The investigation, ongoing since last year, examines whether YouTube vio

President Donald Trump praised Micron Technology's (MU) $10 billion investment in U.S. research labs on Thursday, calling the company one of the hottest in the world. Micron announced last week it would invest the sum over the next decade in a research institution focused on the memory supply

U.S. rapper Pitbull announced in August that his 14th studio album would be titled “Pitcoin,” with an official release expected in early October. After the album title was revealed, multiple meme coins named $PITCOIN quickly emerged across the Solana ecosystem, with the most active one surging more than 100% in a single day and recording over $600k in 24-hour trading volume. Pitbull’s 14th Album “Pitcoin”: Expected to Be Released in Early October “Pitcoin” is Pitbull’s 14th studio album. Billboa

According to TradingView data, BlackRock’s spot Bitcoin ETF (IBIT) saw its weekly trading volume surge to 439.5 million shares last week. Alongside Bitcoin’s approximately 23% weekly rally, this set a new record for the highest trading volume during an “up week” since its listing in January 2024. IBIT shares skyrocketed 22.59% last week to $43.68, marking their best weekly performance since February 2024. IBIT’s Key Data Last Week: 439.5 Million Shares Traded According to TradingView data, IBIT’

Tencent (0700.HK) stock rose 1.70% on August 28. Tencent Cloud, a subsidiary of Tencent, announced a partnership with TruKKer, the largest digital freight network in the Middle East and North Africa. TruKKer will migrate its platform to the Tencent Cloud Saudi Arabia region and adopt Tencent’s AI coding assistant, CodeBuddy, to transform its DevOps practices. Partnership Details: TruKKer Platform Migration to the Tencent Cloud Saudi Arabia Region TruKKer is the largest digital freight network in

New Zealand's ACT party proposed on Thursday to waive capital gains tax on cryptocurrency held for over one year by retail investors, aiming to boost long-term investment in digital assets. The proposal from the right-wing conservative party, which holds 11 seats in New Zealand Parliament, would

TIME magazine announced the fourth annual TIME100 AI list on Aug. 28, selecting the 100 most influential people in the global artificial intelligence field across four categories: Leaders, Innovators, Shapers, and Thinkers. This year’s cover figures include Sam Altman, Elon Musk, Dario Amodei, Jeff Bezos, Fei-Fei Li, and others. Representative 2026 TIME100 AI Honorees in the Four Categories Based on the TIME100 AI list announced by TIME magazine on Aug. 28, 2026, representative honorees in the f

The US Navy is diverting military personnel pay and other budget resources to cover combat costs from President Donald Trump's war with Iran, according to a Guardian report published on the 27th (local time). The budget strain stems from Trump's initiation of the Iran conflict on February 28,

Ethereum scaling solution developer StarkWare announced on August 27 that it had completed the first quantum-resistant Bitcoin (QSB) transaction on the Bitcoin mainnet, sending a total of 3.1 BTC without modifying Bitcoin’s existing consensus rules. The method was designed by Avihu Levy, an applied research scientist at StarkWare, while StarkWare engineer Tomer Giladi completed the final implementation. Details of the First QSB Mainnet Transaction: 3.1 BTC in a Nonstandard Format On August 27, 2

An explosion occurred on August 26 (local time) in Peter the Great Bay near Bolchanets, Primorsky Krai, Russia, prompting multiple resident reports and video footage showing a dense smoke column rising from the sea. The cause of the explosion remains unconfirmed, with social media claims alleging Ru

ING Bank assessed on August 27 (local time) that the likelihood of a European Central Bank (ECB) September interest rate increase has grown. Carsten Brzeski, Chief Economist at ING Bank, stated in a report that the eurozone economy has shown considerable resilience since the July ECB meeting

NIO, BYD, and Xiaomi have collectively pledged 22 million yuan (approximately $3.24 million) to support emergency rescue, temporary resettlement, and post-disaster reconstruction efforts in the debris-flow disaster area of Gyirong, Tibet. According to Xinhua News Agency, as of Aug. 27, the disaster had left 3 people dead and 558 missing, including 260 foreign nationals, while rescue workers had located 2 survivors. Donation Details from the Three Companies: 22 Million Yuan in Total According to

Korean retail investors hold approximately 30.8% of the Direxion Daily Semiconductor Bull 3X ETF (SOXL) as of the 26th, according to data from the Korea Securities Depository. The concentration represents about 6.47 billion USD in custody assets out of SOXL's total market capitalization of approxima

Thirty-nine statewide banking associations across the United States announced the joint formation of the “BankChain Alliance,” with plans to build a nationwide blockchain network owned, designed, and governed by the banking industry. The network is targeted for official launch in 2027 to support financial services such as tokenized deposits, stablecoins, and automated settlement. According to data released by the alliance, the 39 statewide banking associations collectively represent approximatel

Evernorth Holdings, Inc. announced today that the U.S. Securities and Exchange Commission has declared its S-4 registration statement effective, clearing a path toward a public listing on Nasdaq. The SEC approval involves Evernorth's proposed business combination with Armada Acquisition Corp. II, a

The Human Rights Foundation (HRF)'s Bitcoin Development Fund announced on August 27 the launch of its second round of grants for 2026, providing a total of more than 500 million satoshis to 16 Bitcoin and Freedom Tech projects worldwide, valued at approximately $397k based on the price at the time of the announcement. Payment Projects in Africa and the Caribbean Payment applications are a key focus of this round of grants. BitSpenda serves African markets including Nigeria, Kenya, Cameroon, Ugan