Gate Insights and Crypto Market Analysis

BitMEX will shut down exchange operations at 04:00 UTC on 23 September 2026 after HDR Global Trading Limited completed a strategic review. The company decided to close the business following its conclusion that ceasing operations serves strategic interests. The cryptocurrency derivatives exchange, w

LPL Financial's Chief Equity Strategist Jeff Buchbinder analyzed US midterm election impacts on stocks, with the elections now 4 months away. The analysis shows that despite volatility during midterm election years, the S&P 500 has risen after all 18 midterm elections since 1954, averaging an 18.2%

US initial jobless claims dropped to 187,000 for the week ending May 18, the lowest level since September 1969, according to the Department of Labor on May 23. The figure fell 22,000 from the prior week, defying widespread fears that artificial intelligence adoption would trigger mass layoffs.

According to security firms BlockAid and PeckShield, as well as on-chain analytics provider Lookonchain, within hours on July 23 there were four back-to-back attacks targeting crypto protocols, involving the Bitcoin and Ethereum ecosystems, with total losses exceeding $35 million. The biggest loss was from Arbitrum derivatives protocol AFX Trade, where leaked private keys from a cross-chain bridge led to $24 million being withdrawn. AFX Trade’s cross-chain bridge private key leak AFX Trade, buil

MoonPay announced that it has added the Discover card to its supported payment methods, allowing eligible U.S. users to buy and sell cryptocurrency on the MoonPay platform using a Discover card. After Visa and Mastercard, Discover has become the third major U.S. card network supported by MoonPay. MoonPay’s Full Suite of Payment Methods According to MoonPay’s official announcement, after Discover is added, MoonPay’s currently supported full range of payment methods is as follows: · Visa · Masterc

UBS Asset Management forecasts continued inflation easing and declining bond yields, stating on July 23 (local time) that Middle East energy supply disruptions will ease over time. The asset manager attributes this outlook to declining inflation expectations despite elevated geopolitical tensions, w

Ripple announces the launch of the Ripple Mint platform, providing institutional users with unified access to RLUSD (Ripple USD) for a complete minting, redemption, and management pipeline. The platform is already open to all existing RLUSD customers. Ripple Mint offers two access options: a web-based solution or direct API connectivity, supporting both manual operations and automated integrations. Ripple Mint platform features: institutions can mint, redeem, and transfer cross-chain According t

Andrew Tate’s DADDY meme coin was quoted at about $0.007 to $0.008 on July 25, down more than 97% from its historical peak of about $0.2886 in June 2024. Its market cap is under $5 million. Andrew Tate and his brother Tristan Tate were arrested in the U.S. last week and are being held under sealed arrest warrants tied to UK extradition proceedings. Current market data for the DADDY meme coin: $0.007 quotation According to CoinGecko data, the DADDY meme coin’s trading price was about $0.0112 on J

Ripple announced on July 23 that it had made a strategic investment in Notabene, a New York-based provider of compliance and transaction authorization infrastructure for digital asset payments, though financial terms were not disclosed. The investment aims to strengthen infrastructure for

Global stablecoin issuer Circle announced on July 24 that it has signed a memorandum of understanding (MOU) with South Korean tech giant Kakao Group and Toss (including Toss Bank), one of South Korea’s largest fintech platforms, respectively, to jointly assess the feasibility of introducing USDC into South Korea’s payment infrastructure. At present, both parties have signed MOUs, meaning that they will first conduct technical and business-model evaluations. MOU Details Between Circle and Kakao G

Shares of SpaceX (SPCX), Oracle Corp. (ORCL), and QuantumScape Corp. (QS) fell to annual or all-time lows on Thursday as a broader market selloff in technology companies combined with company-specific triggers. SPCX stock fell to an all-time low of $110.85, dipping below its IPO price of $135,

Alphabet disclosed a $94.1 billion investment in SpaceX as of June 30 in its latest quarterly report, becoming the second Mag-7 company to hold a stake in the rocket manufacturer. The higher value of SpaceX shares helped drive nearly $99 billion in gains from Alphabet's stock investments during the

Oracle Corp. (ORCL) secured a Department of War Enterprise Software Agreement on Thursday valued at up to $6.99 billion over 10 years, with an initial award of $3.31 billion over the first five-year ordering period. The contract consolidates fragmented software licensing and procurement into a

NVIDIA and Amkor Technology entered a multi-year strategic partnership in which NVIDIA will provide a $1.5 billion prepayment to support advanced packaging capacity expansion. The deal aims to accelerate next-generation AI hardware development and strengthen domestic semiconductor supply chains

The National Highway Traffic Safety Administration granted a petition Thursday to create a new Federal Motor Vehicle Safety Standard mandating a robust and obvious door egress system in all motor vehicles. The move follows reports that Tesla's power-dependent flush handles and poorly labeled

Brent crude rose more than 6% on July 23, breaking above $100 per barrel. Over the past month, it has gained 30.88%. Economist Peter Schiff (Peter Schiff) warned on X that since the start of July, oil prices are up 30%, back above $90 per barrel; if it reaches $100 by month-end, it would rise 43%, and July CPI could be extremely surprising. Brent crude breaks above $100 per barrel According to market data, Brent crude (the global crude benchmark) rose more than 6% on Thursday, breaking above $10

South Korean biotech stocks’ issuers including Celltrion, Samsung Bioepis, LigaChem Biosciences, and IntoCell are accelerating the development of nectin-4 targeted antibody-drug conjugates, aiming to surpass the current market leader Padcev in safety and tolerability. In April, the U.S. FDA granted Celltrion’s CT-P71 fast track status. Celltrion CT-P71: FDA fast track status According to Celltrion’s announcement, CT-P71 is a nectin-4 ADC candidate jointly developed by Celltrion and the Korean bi

AMD CEO Lisa Su officially announced at the AMD Advancing AI annual conference that the first Helios rack-scale AI solution has entered full-scale mass production. The roster of Instinct partner ecosystem displayed on the event venue backdrop includes multiple Taiwan publicly listed companies, with TSMC accounting for 14 of them. Helios AI rack specs: 15% more performance than NVIDIA NVL72 According to an AMD official blog post, the key technical specifications of the Helios rack system are as f

BitMEX delisted 65 derivative contracts and trading pairs in July due to insufficient trading interest, according to statements on the exchange's website. The crypto exchange removed 21 derivative contracts in early July, followed by nine spot pairs two weeks later, and added another 35 derivative c