Gate Insights and Crypto Market Analysis

Congress passed competing stopgap funding bills on July 21 and August 8, moving the government-funding deadline beyond the midterms and reducing the immediate risk of an October shutdown. The House approved

Bitcoin failed to hold above $64,000 following the July US inflation report release. Before the CPI data, BTC briefly moved above $64,400 but dropped toward $63,800 after reports that the US-Iran conflict could extend beyond current timelines due to denial of a memorandum of understanding. US

Perplexity AI predicts XRP can reach $1.60-$2.20 by the end of 2026, with $1.75 as the most likely bullish target, according to Perplexity co-founder and CEO Aravind Srinivas's AI model. XRP currently sits at $1.0235. The AI model cites legal clarity from Ripple's ongoing court settlement

CitroTech Inc. (NYSE AM: CITR), a specialty chemical company delivering environmentally safe fire inhibitor solutions, issued a business update letter to shareholders today highlighting progress toward commercialization. CEO Wes Bolsen detailed partner network expansion, joint venture advancement

Bitcoin and Ethereum are trading in a narrow range ahead of the US Consumer Price Index (CPI) data release, while options traders increase positions for a potential upward breakout. The market expects the inflation data to determine Bitcoin's exit from its current trading range. Bitcoin has

Four Ethereum Genesis-era wallets moved a combined 8,680 ETH worth approximately $16.3 million across July and August 2026, according to blockchain monitoring service Whale Alert. The movements included a 2,680 ETH transfer on Aug. 11 after 11 years of dormancy, with the coins originally purchased d

Zilliqa launched an address checker ahead of its August migration as part of recovery efforts following a Ledger-related security incident. The tool allows users to verify wallet information as the network prepares for a broader migration process and transition toward Zilliqa EVM. The launch comes a

KuCoin EU appointed Hongyu Chen-Birkenbeul as Managing Director, assigning the former PwC Germany executive responsibility for Technology, Product, Operations, and ICT Security functions as the Vienna-headquartered cryptocurrency platform builds its regulated European business under the EU's

Solana came within 4.51 percentage points of losing transaction finality Wednesday morning after a routing fault at hosting provider Teraswitch knocked 28.83% of staked SOL offline. The blockchain stops finalizing blocks at 33.34% delinquency, meaning the network reached approximately 86% of the

Alphabet unveiled its Pixel 11 smartphone lineup on Wednesday, positioning Gemini Intelligence AI features at the center of the devices weeks before Apple rolls out a rebuilt Siri powered by Google's AI models. The new lineup includes the Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL and Pixel 11 Pro

Harmony blockchain suffered a major security exploit that resulted in the fraudulent minting of approximately 4 billion ONE tokens, representing about 26% of the cryptocurrency's total supply. The incident involved a vulnerability associated with empty blocks and triggered rapid movement of the

Kalshi became the first prediction market to distribute real-time order book data on DoubleZero Edge, according to an announcement on Wednesday. The low-latency market-data feed delivery service runs over dedicated fiber

The Cyprus Securities and Exchange Commission withdrew the Alternative Investment Fund Manager authorisation of FINYX (Cyprus) Investments Ltd on August 3, 2026, after the quantitative investment manager voluntarily surrendered licence AIFM59/56/2013. The company expressly renounced the authorisatio

LG Electronics stocks rose 12.27% to close at 204,000 won on the 12th, triggering discussions among investors about the 'LG Electronics peak jinx' — a market superstition suggesting the stock's surge signals a market top. The rally was driven by anticipation of an upcoming meeting between LG Group

US stock markets opened higher on August 12 (local time) at 9:43 AM, with the three major indices advancing as investors digested July consumer price index (CPI) data that aligned with market expectations. The Dow Jones Industrial Average rose 88.27 points (0.16%) to 53,880.12, the S&P 500

Galaxy Entertainment reported second-quarter adjusted EBITDA of HK$3.38 billion, down 5% year-on-year, alongside an interim dividend of HK$0.9 per share — a 28.6% increase from the prior year. Citi described the dividend as a positive surprise, with the payout ratio rising to approximately 75% from

The US dollar index rose on the 12th as geopolitical tensions between the United States and Iran showed no signs of resolution. According to Yonhap Infomax, the dollar index (DXY) stood at 99.848 as of 7:20 AM Eastern Time, up 0.035 points or 0.035% from the previous close of 99.813. The dollar

On August 12, the U.S. Bureau of Labor Statistics released the July inflation data that markets had been eagerly awaiting. Headline CPI rose 3.4% year over year, while core CPI fell to 2.5% year over year, with both figures matching expectations. After the data was released, crypto assets, gold, and U.S. stock futures all showed choppy short-term moves, initially falling before rebounding. However, the latest pricing in the interest rate market delivered the signal that truly deserves attention.

Itaú Unibanco, Brazil's largest bank, is testing tokenized bonds and investment funds on blockchain infrastructure through a pilot conducted with OpenAssets under the Brazilian financial markets association ANBIMA. The initiative examines whether distributed ledger technology can improve

SanDisk holds its 2026 Investor Day on Thursday, August 13, at 9:00 a.m. Eastern, following an unusual market reaction to its Q4 2026 earnings report. Just over a week ago, the company reported record revenue of $8.97 billion, record gross margin of 84.6%, and adjusted earnings of $39.25 per