Gate Cryptocurrency News and Market Analysis

Ramp announced a $750 million funding round at a $44 billion valuation on Thursday, led by ICONIQ, GIC and Ontario Teachers' Pension Plan. The round marks a roughly 38% increase in the New York-based spend-management company's valuation. The growth is driven by corporate clients grappling with

Google DeepMind CEO Demis Hassabis said artificial general intelligence could arrive around 2030, "plus or minus a year," during a Stanford Graduate School of Business event last week. Hassabis attributed this timeline to advancements in 2026, when AI agents and tool-use capabilities became

Strategy's Bitcoin holdings fell into an $11.2 billion unrealized loss after BTC dropped below the company's average purchase price of $75,699, intensifying scrutiny of Michael Saylor's corporate Bitcoin treasury model. The company holds 843,706 Bitcoin with a total cost basis of $63.8 billion,

SpaceX, OpenAI, and Anthropic are preparing public listings that could collectively command over $3 trillion in market value, with SpaceX targeting a June 12 Nasdaq debut that could raise up to $75 billion at a $1.75 trillion valuation. Anthropic filed confidential IPO paperwork on June 1 targeting

Coinbase CEO Brian Armstrong pushed back against criticism from JPMorgan Chase CEO Jamie Dimon during an interview with journalist Dasha Burns, describing Dimon's remarks as 'kind of sad' while defending the Digital Asset Market Clarity Act. Dimon publicly criticized Armstrong during a television in

Crypto Utility concerns are growing as speculative trading activity expands across digital asset markets rapidly. Market participants continue favoring leverage and volatility despite ongoing calls for practical blockchain adoption. Builders and traders remain divided over crypto’s long-t

Crypto Utility concerns are growing as speculative trading activity expands across digital asset markets rapidly. Market participants continue favoring leverage and volatility despite ongoing calls for practical blockchain adoption. Builders and traders remain divided over crypto’s long-t

Visa and Mastercard will halt payment processing in Cuba effective June 6, following a foreign bank's termination of its relationship with Cuban payment intermediary Fincimex. The Cuban central bank announced Wednesday that the action stems directly from Executive Order 14404, issued May 1 by US

Rumble Inc. (RUM) announced on Thursday that it has signed a $270 million agreement with an unnamed third-party cloud customer, representing the company's largest customer commitment to date. The multi-year deal involves providing GPU cloud capacity powered by Nvidia's Blackwell B300 systems. The an

CryptoQuant CEO Ki Young Ju identified a potential Bitcoin market bottom signal following Strategy's sale that pushed BTC from above $70,000 to the $61,000 level. Ki Young Ju stated that short-term Bitcoin holders who have held for less than 155 days are transitioning into long-term investors. The s

Spot gold reclaimed the $4,500 per ounce level on Thursday morning after the U.S. Labor Department reported initial jobless claims of 225,000 for the week ending May 30, exceeding the consensus forecast of 213,000 claims. The worse-than-expected labor market data triggered gold's upward movement,

Arthur Hayes' investment firm Maelstrom predicted on X that Worldcoin's WLD token could reach $5 by August, roughly 900% above its current price of $0.50. Maelstrom researcher Lukas Ruppert called WLD the most underpriced crypto proxy for the approaching wave of artificial intelligence IPOs. The pre

Quantinuum opened trading at $68 per share on the Nasdaq on Thursday, after raising $1.68 billion in an upsized initial public offering. The quantum computing company priced its IPO at $60 per share, above its earlier range of $53 to $55 per share. The higher-than-expected pricing reflected

Corporate treasury purchases continue removing BTC from liquid markets, supporting a longer-term supply absorption narrative despite ongoing exchange activity. The volatility of exchange flow has eased since February and Bitcoin has rallied back to a more balanced market structure. The tr