Gate Cryptocurrency News and Market Analysis

Goldman Sachs and JPMorgan Chase posted record quarterly revenue on Tuesday, driven by massive gains in equities trading and investment banking tied to the global artificial intelligence boom. Goldman Sachs revenue jumped 39% to $20.3 billion, while JPMorgan saw revenue rise 27% to $58 billion in th

The Commodity Futures Trading Commission ordered Kalshi on Tuesday to honor trades involving Michigan residents despite the state's attempt to force the prediction markets platform to cancel them. About two weeks ago, a Michigan state court ordered Kalshi to stop offering sports-related event

The U.S. government transferred $12.36 million in ETH, USDC and USDT to Coinbase Prime and one unlabeled address via six transactions on July 14. The transfers originated from a Department of Justice-controlled wallet linked to funds seized from the 2016 Bitfinex hack, according to Arkham

SK Hynix ADR surged as much as 23% intraday on May 14 (local time), trading at a 46% premium over its Korean-listed ordinary shares just three days after its Nasdaq debut. The American depositary receipts recovered most of the prior session's 9.3% decline, which mirrored a broader selloff in Korean

South Korea will run a 2027 pilot linking tokenized government bonds to its institutional central bank digital currency infrastructure, according to the government's 2026 Economic Growth Strategy for the Second Half released Tuesday. The plan assigns an official date to the bond pilot and directs

Interactive Brokers (Nasdaq: IBKR) added 12 digital assets and enabled 24/7 stablecoin wallet transfers on July 14, 2026. The broker, which manages approximately $930.3 billion in client equity, integrated these capabilities directly into its core electronic trading architecture. The

The SEC's Crypto Task Force held a direct meeting with representatives from the Hyperliquid Policy Center, trade.xyz (XYZ Ltd.), and Sullivan & Cromwell LLP to discuss regulatory approaches for crypto assets and decentralized perpetual markets. The session was requested in a formal letter signed

Japan's largest domestic payment network JCB signed a memorandum of understanding with Circle to explore the use of USDC for cross-border payments and merchant transactions. The agreement allows JCB to test whether stablecoins can reduce friction in international settlement and support payment use c

Strategy, the largest institutional Bitcoin investor, sold $466 million worth of MSTR shares last week and paused additional Bitcoin purchases, maintaining its holdings at 843,775 BTC. The company instead increased its USD reserves by $450 million, raising total reserves to $3.0 billion. Wall

Weather data firm Kweather and blockchain network Flare signed a Letter of Intent on Tuesday to launch a pilot project publishing verified meteorological data on-chain and developing blockchain-based weather finance products. The partnership will feed temperature, rainfall, and climate variables

Coinbase Institutional analysts suggested Bitcoin may have entered a bottoming phase after the cryptocurrency fell below $58,000 in June and subsequently traded sideways between $62,000 and $64,000. The analysis highlighted Bitcoin's resilient performance, noting the asset declined

The U.S. Department of the Treasury and HM Treasury released a joint statement and recommendations on Tuesday as part of the Transatlantic Taskforce for the Markets of the Future, focusing on digital asset cooperation and stablecoin regulation. The two governments stated that regulated stablecoins h

The US military conducted its first combat operation using explosive drone boats on the night of July 12, striking an Iranian midget submarine and ship maintenance facility at Iran's Bandar Abbas Naval Base. US Central Command described the deployment of three "one-way attack surface drones" as the

Nvidia and Advanced Micro Devices stocks rose in morning trade on Monday after Reuters reported that three Chinese companies received U.S. approval to purchase advanced AI chips. ZTE Kangxun Telecom and server maker Maginfra were permitted to buy Nvidia's H200 processors, while Zhuhai Hengqin

David Pakman, managing partner at crypto venture capital firm CoinFund, stated Tuesday during an appearance on The Block's The Starting Block podcast that the crypto industry has not solved a core tokenomics challenge: creating native tokens whose value correlates with the long-term success of

Mizuho downgraded Circle (CRCL) to Underperform from Neutral and cut its price target to $50 from $85, while JPMorgan lowered earnings estimates for both Circle and Coinbase on the same day. Both firms cited mounting pressure on the economics underpinning USDC, Circle's dollar-backed stablecoin, as

Cryptocurrency analytics platform Santiment issued a warning as XRP and Ethereum recorded their highest fear of missing out (FOMO) levels in the last five weeks. The analysis revealed XRP reached a ratio of 3.02 bullish comments for every bearish comment, while Ethereum hit 2.31, during a period

A solo Bitcoin miner earned a 3.1382 BTC block reward worth approximately $200,000 by solving block 957,382 using a Bitaxe Gamma device that costs as little as $150. The miner ran the palm-sized open-source device for about eight hours through Public Pool, a solo mining pool allowing participants

Federal Reserve Chair Kevin Warsh testified before the House Financial Services Committee on the 14th (local time), declaring the Fed an independent central bank whose independence was granted by Congress. Responding to a direct question about working for President Donald Trump, Warsh emphasized the