Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

UK Jails Two Spies for China Shadow Policing Operations

Peter Wai, 41, a former UK Border Force officer, and Bill Yuen, 66, a retired Hong Kong police superintendent, were sentenced on Thursday for spying for China and conducting shadow policing operations against Hong Kong pro-democracy activists in the UK. Wai received a 10-year prison sentence and Yue
CryptoFrontier·06-18 13:23
UK Jails Two Spies for China Shadow Policing Operations

Wells Fargo Raises Gold Target to $5,500, Projects $6,000 by 2027

Wells Fargo raised its year-end gold price target to $5,300-$5,500 per ounce on Tuesday and projects prices will climb further to $5,800-$6,000 by the end of 2027. The bank's strategists presented the outlook during a mid-year webinar, with Sameer Samana, Head of Global Equities and Real Assets
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LucasBennett·06-18 13:02
Wells Fargo Raises Gold Target to $5,500, Projects $6,000 by 2027

ASIC Seeks $35M Fine Against HSBC For Scam Prevention Failures

Australia's securities regulator ASIC and HSBC Bank Australia have asked the Federal Court to approve a proposed resolution under which the bank would pay a $35 million penalty after admitting serious failures in scam prevention and customer protection. The case covers the period from January 2020 t
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CryptoFrontier·06-18 12:53
ASIC Seeks $35M Fine Against HSBC For Scam Prevention Failures

Range Raises $8.3M Series A for Stablecoin Compliance Platform

Zug-based stablecoin compliance startup Range raised $8.3 million in an oversubscribed Series A funding round, according to an announcement on Thursday. The round brings Range's total funding to $11 million and was supported by
EthanBrooks·06-18 12:39
Range Raises $8.3M Series A for Stablecoin Compliance Platform

Grayscale Predicts 140% AAVE Token Surge to $175

Grayscale Research predicted AAVE token could surge 140% to approximately $175 over the next year, according to a report published June 17. The analysis comes as Aave's native token has declined 71% over the past year, with Grayscale attributing the potential upside to the protocol's strong market p
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DanielCarter·06-18 12:33
Grayscale Predicts 140% AAVE Token Surge to $175

Ukraine Launches Nearly 200 Drones on Moscow, Hits Oil Refinery

Ukraine launched nearly 200 drones against Moscow on Thursday, striking the Moscow Oil Refinery in the south-east of the capital and forcing evacuations at Sheremetyevo International Airport, Russian officials confirmed. Ukrainian President Volodymyr Zelenskyy described the assault as a "fully
CryptoFrontier·06-18 11:53
Ukraine Launches Nearly 200 Drones on Moscow, Hits Oil Refinery