Gate Cryptocurrency News and Market Analysis

Alphabet reported Q2 revenue of $119.8 billion on local time May 22, a 24% increase from the prior year, and raised its fiscal year 2026 capital expenditure guidance to $195-205 billion to support AI infrastructure expansion. The announcement triggered a 4.40% surge in the KOSPI index on May 23,

Stock markets are rising despite global uncertainties, driven by significant sector rotations and fundamental economic shifts. This year, software, auto, consumer goods, and apparel stocks have fallen, while energy and hardware sectors have gained as investors adjust to new market dynamics. The shif

Capital One customers expecting payments from the $425 million 360 Savings Account settlement face an extended wait after a class member filed an appeal in June. The appeal has substantially delayed the distribution of payments originally scheduled to begin around July 21, 2026, according to the

OpenAI launched OpenAI Presence, an enterprise platform designed to deploy AI agents for mission-critical operational tasks. The platform enables organizations to build intelligent systems that answer customer questions, resolve technical issues, interact with proprietary software, execute

Blockchain analytics platform Santiment identified Hedera as the leading blockchain network for real-world asset development based on recent GitHub developer activity. Chainlink and Avalanche ranked second and third respectively in the assessment. The ranking reflects growing development momentum across RWA-focused blockchain projects as the industry seeks to bridge decentralized technologies with traditional financial systems. Developer activity serves as an important indicator of ecosystem hea

Sota Watanabe, CEO of Startale Group and board member of the Japan Blockchain Association (JBA), urged Japan to cut the 55% tax rate on DeFi yields to prevent local liquidity from moving offshore. In a recent discussion, Watanabe warned that capital flight remains an active risk if regulators fail t

Benjamin Paul Wiener, 43, of Sioux Falls, South Dakota, was indicted on 29 counts of wire fraud, money laundering, bank fraud and aggravated identity theft in connection with an alleged $20 million cryptocurrency investment fraud. Wiener appeared before U.S. Magistrate Judge Veronica L. Duffy on

ServiceNow stock rose nearly 7% in early premarket trading on Thursday after the software company reported second-quarter sales and profit higher than Wall Street's expectations and raised its forecast for annual subscription revenue. The results eased concerns of a 'SaaSpocalypse' after software st

Samsung Biologics posted record Q2 results with revenue of 1.3209 trillion won and operating profit of 586.4 billion won, the company announced on the 23rd. Revenue increased 30.2% and operating profit rose 22.9% compared to the same period last year. The performance was driven by full operation of

Binance launched its Spot Trading Tournament Round II on July 23, 2026, offering traders a seven-day competition window to compete for a share of 200,000 USDC in token vouchers. The tournament runs from July 23 at 10:00 UTC to July 30 at 10:00 UTC and focuses exclusively on BTC/USDT and ETH/USDT tra

The Korean stock market showed signs of reduced concentration in large-cap stocks as the KOSPI 200 equal-weighted index outperformed the standard market-cap weighted index during the recent downturn from last month's 22nd to this month's 22nd. While the KOSPI 200 fell 27% during this period, the equ

SK Telecom established a new subsidiary, SK Hyper, following a board decision on the 23rd to accelerate its AI data center business. The South Korean telecom operator approved an investment of 750 billion won through 2030 to build business foundations for the new entity. SK Hyper, wholly owned by SK

US-listed cryptocurrency exchange-traded funds recorded net inflows on July 22, with spot Bitcoin ETFs attracting $69.1 million and spot Ethereum ETFs bringing in $72.7 million as institutional investors gradually rebuilt exposure to digital assets. The Bitcoin ETF inflows marked the seventh

The Senate's latest CLARITY Act draft includes an ethics restriction that would automatically expire at noon on January 20, 2029, the exact moment President Donald Trump's current term is scheduled to end. The provision would temporarily prohibit the president, vice president, members of Congress an

KB Securities said on the 23rd that consecutive rate hikes in August are unlikely despite Q2 GDP exceeding forecasts, as growth momentum slows. Researcher Lim Jae-kyun noted that if the GDP-GDI gap peaked in Q2, July inflation will likely remain subdued. Q2 real GDP rose 0.6% QoQ and 3.7% YoY,

International oil prices surged after Houthi rebels attacked a tanker in the Red Sea near Saudi Arabia, with Brent crude September futures rising 2% to $95.9 per barrel at 2pm local time on the London ICE Futures Exchange. The Iran-aligned Yemeni group claimed responsibility and had declared a

Nick Mussallem, CEO of AvaCloud, presented on the topic 'The Next Century of Payments' at a seminar held on the 23rd at the NHN KCP building in Guro-gu, Seoul. Mussallem advocated for blockchain-based payment infrastructure, stating that while payment methods have evolved from paper money to

The Dutch Hague District Court recently rejected Halozyme Therapeutics' request to halt Keytruda Cuvex sales in Denmark and Sweden, according to foreign media reports on the 23rd. Keytruda Cuvex is a subcutaneous injection formulation developed by MSD using Alteogen's ALT-B4 technology. The