Gate Cryptocurrency News and Market Analysis

Absci Corporation (ABSI) shares rose 36% on Wednesday after the company announced positive early results from the Phase 1 HEADLINE study of its experimental drug ABS-201 for pattern hair loss and priced a $100 million stock offering backed by major investors including Eli Lilly & Company. The Phase

XRP's availability on Binance increased as the exchange's Scarcity Index fell to approximately 0.34, its lowest level in over three months, according to a Cryptoquant analysis published on June 22. At 3:05 p.m. EDT on June 24, XRP traded at $1.0573, down 3.85% over the past 24 hours. The decline in

Wendy's stock (WEN) surged over 25% on Wednesday after traders on Reddit's r/WallStreetBets forum launched a campaign to support the fast-food chain. Shares climbed from $6.08 in early week trading to close at $7.86, peaking at $8.89 during the session, while trading volume exploded to 203 million s

JPMorgan Chase on Wednesday unveiled a $50 billion share repurchase program and raised its quarterly dividend 10% to $1.65 per share after the Federal Reserve found the nation's biggest banks remained well capitalized under its annual stress test. Goldman Sachs announced an 11% dividend increase to

Nous Research shipped animated pet support for Hermes Agent, giving users access to more than 3,200 sprite mascots from the open-source petdex gallery. The pets provide visual feedback by animating across six states—idle, running, thinking, waving, celebrating, and failing—that correspond to agent a

Micron reported fiscal third quarter revenue of $41.46 billion on Wednesday, more than quadrupling from $9.3 billion a year earlier, as soaring memory prices driven by artificial intelligence demand boosted results. The memory maker's stock rose about 9% in extended trading following the

The Federal Reserve released stress test results Wednesday showing the 32 largest U.S. banks could absorb more than $708 billion in losses during a severe global recession while continuing to lend. All examined banks remained above minimum capital requirements under a hypothetical scenario that

Tokenized U.S. Treasuries and gold remain the largest on-chain asset categories by value and adoption. Private credit platforms continue expanding as institutional lending activity moves on-chain gradually. Tokenized real estate remains small despite representing a massive traditional ass

Voyager Digital investors appealed on June 23 the dismissal of a class-action lawsuit against billionaire entrepreneur Mark Cuban and the Dallas Mavericks. The appeal challenges Judge Roy Altman's December 2025 ruling, which dismissed the complaint on the grounds that plaintiffs failed to

ETH is close to a crucial monthly support level, with traders keeping a close eye on the price of $1,750.  If Ethereum breaks below key support, there is potential for deeper downside before renewed demand returns. Buyers have been coming in after a steep pullback in the middle of the

ETH is close to a crucial monthly support level, with traders keeping a close eye on the price of $1,750.  If Ethereum breaks below key support, there is potential for deeper downside before renewed demand returns. Buyers have been coming in after a steep pullback in the middle of the

Tokenized U.S. Treasuries and gold remain the largest on-chain asset categories by value and adoption. Private credit platforms continue expanding as institutional lending activity moves on-chain gradually. Tokenized real estate remains small despite representing a massive traditional ass

ADA holds near demand, while traders monitor 0.1586 support for signs of a bounce or deeper decline. Funding rates remain near neutral despite months of weakness, showing balanced derivatives positioning. Resistance between 0.1639 and 0.1651 remains a key barrier before any broader

ADA holds near demand, while traders monitor 0.1586 support for signs of a bounce or deeper decline. Funding rates remain near neutral despite months of weakness, showing balanced derivatives positioning. Resistance between 0.1639 and 0.1651 remains a key barrier before any broader

A leaker discovered code strings in Claude Code version 2.1.190 on Tuesday suggesting Anthropic is preparing to restore its Fable 5 AI model with weekly usage limits bundled into subscription plans. The leaker, using the handle 'synthwavedd' on X, posted that the new version includes the string

Bitcoin fell 5% to $59,018 on June 24 amid a marketwide sell-off that reduced the total cryptocurrency market capitalization to $2.15 trillion. The decline triggered $237 million in long position liquidations within four hours, with total crypto liquidations reaching $486 million during the same

Qualcomm revealed a data center central processing unit called Dragonfly C1000 on Wednesday and announced Meta as its first major customer, with production scheduled to start in 2028. The chipmaker made the announcement at an investor presentation, stating the new CPU was built

University of St Andrews physicist Henry Legg published a commentary in Nature on Wednesday challenging Microsoft's claims about demonstrating a topological qubit, the technology underpinning the company's recently announced Majorana 2 quantum chip. Legg argued that signals Microsoft attributes to t