Gate Insights and Crypto Market Analysis

Bitcoin peaked at $64,360 on Tuesday as the cryptocurrency oscillated between $63,300 and $64,300 amid reports that the U.S. Senate could vote on the CLARITY Act this week. The price action wiped out $35 million in short positions, representing 83% of the $42 million in total liquidations during the

CNBC host Jim Cramer announced he is selling his Bitcoin following a warning from IBM CEO Arvind Krishna about quantum computing threats to cryptocurrency cryptography within three or four years. The announcement came late last week during Cramer's interview with Krishna, who advised Cramer to

Advanced Micro Devices reported second-quarter earnings on Tuesday that beat expectations, with revenue reaching $11.54 billion versus $11.28 billion expected and adjusted EPS of $1.66 versus $1.62 expected for the quarter ended June 27. The chipmaker's overall revenue climbed 50% from $7.69 billion

The United States and the United Kingdom held the 13th meeting of the UK-US Financial Regulatory Working Group in London on July 8, discussing stablecoin regulation, tokenization, and implementation of the US GENIUS Act. An Aug. 4 joint statement summarizing the meeting confirmed US officials

Leading XRP treasury firm Evernorth argues that tokenized real-world assets on the XRP Ledger have become a more significant growth metric than spot XRP exchange-traded funds, despite ETFs dominating crypto headlines since their November 2025 launch. Data from RWA.xyz shows tokenized assets on

Lucid Group missed Wall Street's second-quarter expectations as the electric vehicle manufacturer conducts an operational reset amid leadership changes and cost-cutting efforts. The company reported a loss per share of $3.30 versus the expected loss of $2.46, and revenue of $405 million versus the e

Paramount Skydance raised its full-year 2026 profit guidance on Tuesday and reported second-quarter results that highlighted continued streaming growth alongside linear TV declines. The company increased its adjusted EBITDA guidance to a range of $3.8 billion to $3.9 billion, citing savings from

Bybit Payments GmbH received an electronic money institution (EMI) license from Austria's Financial Market Authority (FMA) on Aug. 4, enabling the subsidiary to deliver regulated electronic money and payment services across Europe through Bybit.eu. The approval expands Bybit's regulatory footprint i

Cloudflare revealed Tuesday the early-stage rollout of programmable stablecoin wallets designed for AI agents to pay for APIs, data and online content. The infrastructure addition enables agents to make purchases using stablecoins within limits set by human owners. The wallet handle claiming

Venture capitalist Chamath Palihapitiya responded on Tuesday to reports of surging short interest in SpaceX stocks, comparing the situation to early Tesla and warning that short sellers risk significant losses. According to data from S3 Partners cited by X account ZeroHedge, 95% of SpaceX shares

D-Wave Quantum reports Q2 results August 6 at 8:00 a.m. ET, ten days after announcing an expanded AT&T agreement on July 27. Wall Street expects approximately $4 million of quarterly revenue from a company valued at about $8.1 billion during Tuesday trading. The AT&T announcement demonstrated

The KOSDAQ market triggered a buy-side circuit breaker for the third consecutive trading day on the 4th, surging 5.88% to close at 780.72. The circuit breaker activated at 10:47 AM as both KOSDAQ 150 spot and futures contracts jumped simultaneously. The rally was driven by rotation trading

Samsung Next's portfolio company Fin, a global stablecoin payment infrastructure provider, has unconfirmed status for its European Union Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets (MiCA) framework, according to a review by Digital Asset on the 4th (Korean

American Bitcoin mined 932 BTC during Q2 2026, marking the highest quarterly production since the US-based Bitcoin mining company's launch in March 2025. The company announced the results on local time May 3, reporting a 14% increase from the previous quarter's 817 BTC output. The production surge o

Solana Foundation is recruiting key talent in artificial intelligence (AI), stablecoins, and decentralized finance (DeFi) sectors to accelerate its ecosystem expansion. According to the foundation's job postings on '4일(한국시간)', multiple core positions are being filled across strategic areas

Rep. Kim Hyun-jung of the Democratic Party of Korea stated on the 4th that digital asset exchanges are selling stakes in anticipation of major shareholder ownership restrictions under the proposed Digital Asset Basic Act. Speaking on National Assembly Broadcasting, Kim analyzed that exchanges

South Korea's People Power Party declared consistent opposition to the government's virtual asset taxation plan during a press conference held on May 3rd at the National Assembly. The statement followed the Ministry of Economy and Finance's tax reform announcement on the same day, which excluded

B&S Holdings major shareholder Mr. Bang has reached an agreement to return approximately 230 billion won in FTX claims to Korean creditors. The rehabilitation trustee filed for federal court approval, with a hearing scheduled for August 19. If approved, Mr. Bang's FTX claims will be paid to the reha