Gate Cryptocurrency News and Market Analysis

The US Senate unanimously passed a bipartisan resolution on Wednesday declaring that former FTX founder Sam Bankman-Fried should not receive executive clemency. The nonbinding resolution, S.Res. 772, was introduced by Senators Cynthia Lummis (R-Wyo.) and Ruben Gallego (D-Ariz.), chair and ranking me

The U.S. Treasury designated four cryptocurrency wallets linked to the Central Bank of Iran, prompting stablecoin issuer Tether to freeze approximately $131 million in USDT held at the sanctioned addresses. The action follows a designation update by the Treasury Department's Office of Foreign

Tokenization platform Tradable announced Thursday plans to bring up to $1 billion in private credit assets onto the Stellar blockchain, expanding institutional access to tokenized real-world assets. The company said $500 million in notional value is expected to be available when the initiative

Glacis Labs raised $6.8 million in seed funding after fundraising began late last year and closed in March. The round was led by Lightspeed Faction, with participation from Franklin Templeton, Coinbase Ventures, A.GAIN, Protein Capital, and Techni Ventures. The funding supports the expansion of

IndexFair founder Konstantin Ulanov argues that crypto exchange rating lists should disclose both the evidence supporting their rankings and any commercial relationships influencing them. IndexFair does not currently publish crypto scores, with its public ratings limited to gambling while crypto

Netflix is set to report quarterly earnings on Thursday for the period ended June 30, as the media industry faces consolidation, spinouts and intensified competition. The streaming giant has been navigating increased scrutiny over its ad-supported tier progress and business strategy amid a

AST SpaceMobile (ASTS) and Rocket Lab USA (RKLB) stocks fell sharply in Thursday midday trade, with ASTS dropping over 15% to lows last seen in December and RKLB declining over 10% to a three-month low. The declines occurred ahead of SpaceX's (SPCX) Starship test flight and followed Piper Sandler's

Cyperchat, a Web3 social infrastructure platform, announced a strategic partnership with Anubis Chain, a Layer 1 blockchain network, on July 14, 2026. The collaboration integrates zero-knowledge proof technology into social networking and decentralized application experiences to expand

Ripple CTO Emeritus David Schwartz and former SEC official Marc Fagel disputed on X on July 13 over whether the SEC treated XRP as a security during its case against Ripple. Fagel argued the SEC case targeted Ripple's XRP sales practices rather than the crypto token itself, while Schwartz rejected t

Ondo Finance launched tokenized stocks backed by The Depository Trust Company infrastructure on July 16, marking the first use of DTC Tokenized Entitlements in tokenized securities. The ONDO token surged past $0.38 following the announcement, its first notable price movement in weeks. The launch

Visa is launching an internal platform designed to help banks and fintech companies handle stablecoins, according to Fortune. The payment processor, which serves over 200 million merchant clients, will integrate the Open Standard (OUSD) stablecoin into the new platform. The initiative aims to

The SEC and CFTC jointly issued Interpretive Release No. 33-11412 on March 17, 2026, classifying crypto assets into five formal categories for the first time. That single 68-page document gave the $3 trillion digital asset market its first binding federal taxonomy. The release introduced a

Nvidia, Marvell, SanDisk, SK Hynix, and other semiconductor stocks declined between 2% and 8% in morning trade Thursday, with the SOXL ETF falling over 10% and the SOXX ETF dropping more than 3%. Ben Reitzes, Melius's Head of Technology Research, attributed the decline to investors rotating to

Nicholas Aguilar and Jessica Marcolina were indicted on charges of darknet drug trafficking and laundering cryptocurrency proceeds, according to a Wednesday statement from the Department of Justice. Prosecutors allege the California pair operated vendor accounts under the name 'HotGirlzClub'

Vlad.fun, a memecoin launchpad on Robinhood Chain, took its platform offline on July 15 after identifying what it described as a serious internal integrity issue involving team members. The project announced on X that operations were paused pending a full investigation and legal consultation. The

Anton Bukov, co-founder of decentralized exchange aggregator 1inch, announced the launch of Second Tier, a DeFi infrastructure project, following his dismissal from 1inch in late November 2025. Bukov stated the venture focuses on building secure, efficient systems that close the distance between eco

The US Commerce Department released June retail sales data on July 16 (local time), showing total seasonally adjusted sales reached $768.553 billion with a month-over-month increase of 0.2%, matching market consensus tracked by Yonhap Infomax. The growth rate decelerated compared to May's

Visa and blockchain data firm Artemis published a joint report this week proposing that card networks and stablecoins operate side by side as AI agents handle increasing payment volumes. The report argues each payment rail should focus on its optimal use case rather than compete directly. The

Celestia Labs, the core engineering team behind the modular Layer 1 blockchain Celestia, acquired the technology and engineering talent of Sovereign Labs on July 15. The acquisition aims to expand Celestia Labs' capabilities across the entire blockchain technology stack, enabling end-to-end

The US dollar appreciated on the 16th, with the Dollar Index (DXY) reaching 100.623 at 8:48 AM Eastern Time, up 0.108 points or 0.107% from the previous close of 100.515, according to Yonhap Infomax. The dollar faced upward pressure amid potential Red Sea blockade threats from Yemen's Houthi