Gate Cryptocurrency News and Market Analysis

Huawei held its flagship Huawei South Africa Connect 2026, bringing together 2,900 leaders from government and industry to examine how AI and intelligent digital infrastructure can help South African organizations adopt AI at scale. The event, themed 'Where Innovation Shapes the Future,' addressed h

TrueDAO, an artificial intelligence-powered decentralized autonomous organization, has formed a strategic partnership with Ads3, a Web3 advertising intelligence platform. The partnership aims to combine on-chain and off-chain data with AI-driven marketing intelligence to improve user acquisition, au

Ethereum is trading at $1,880 after a 0.3% decline, while its 30-day simple moving average of perpetual funding rate on Binance has climbed to its highest level in six months. The OI weighted funding rate has turned positive, meaning long positions are paying shorts again, reflecting improving

Lorde on July 16, 2026 criticized Spotify's AI-powered 'About the Song' feature after it generated false information about one of her tracks, attributing a stage performance to the wrong song. The artist posted on Instagram that the AI tool 'limits free interpretation' and called for its removal. Sp

Two former BitMEX customers, BKX Services Inc. and David Namdar, filed a proposed class action against the crypto exchange and its three co-founders on Thursday, the same day the platform announced it would shut down permanently in September 2026. The plaintiffs allege that BitMEX operated an

Meta Platforms is preparing to raise $12 billion through a BlackRock-backed special-purpose vehicle to fund a nearly one-gigawatt data center in El Paso, Texas, with the deal expected to launch as early as next week, according to a Financial Times report. Early discussions indicate bond investors ar

Natixis economists Christopher Hodge and Selin Aker forecast the Federal Reserve will keep interest rates unchanged at its July meeting and through 2026, citing dovish trends in recent economic data. The economists noted June payrolls registered a gain of 57k, below the 164k average in the

Thailand's Securities and Exchange Commission filed a criminal complaint against Bitkub Online and two former directors over alleged false reporting connected to a May 2021 cyberattack, the regulator announced Thursday. The complaint names former Bitkub directors Sakolkorn Sakavee and Thaweesap

In July 2026, shipping through the Strait of Hormuz fell to the lowest level in two and a half months. On July 23, only one oil tanker left the strait, with no ships entering. This strategic waterway carries about one quarter of the world’s seaborne crude oil trade and about one fifth of global LNG transport, and it is now experiencing the worst shipping crisis since the Iran-Iraq War. At the same time, the prediction market is seeing funds place bets on when the strait will reopen. According to

Fasanara Capital, a London-based quantitative asset manager, holds a $67 million Ethereum short position on Hyperliquid through an on-chain wallet labeled 'BobbyBigSize.' The position is visible through Hyperliquid's on-chain explorer at wallet address 0x7fda..17d1, with on-chain analytics

Ondo Finance received U.S. regulatory approval to expand its tokenized securities business after its SEC-registered broker-dealer subsidiary, Oasis Pro Markets, obtained new authorizations from the Financial Industry Regulatory Authority. The approvals allow the company to offer tokenized

Japan's Marine Research and Development Agency (JAMSTEC) successfully extracted approximately 50 tons of sediment from a depth of 6,000 meters near Minamitorishima in early 2026, with analysis confirming high concentrations of strategic rare earth elements. The Japanese government announced the

Decentralized exchange aggregator Odos Protocol announced plans to shut down operations, instructing users to withdraw assets by July 30. The team disclosed the decision in a Thursday X post but provided no rationale for the closure. The protocol's DEX aggregator volume has declined from a peak

The European Union imposed new sanctions targeting Russia's cryptocurrency sector, hitting 14 foreign crypto platforms, 94 Russian banks, and the Moscow Exchange, while granting the EU authority to ban any foreign crypto service facilitating sanctions evasion. Six Russian experts interviewed by

SK E&S stocks closed at 80,900 won on May 24, marking a 114.57% surge from 37,750 won recorded a month earlier on April 24, according to Korea Exchange data. The rally was driven by expectations that renewable energy companies will benefit from surging power demand as artificial

Hyperliquid's tokenized real-world assets (RWAs) generated $25.1 billion in trading volume from July 13 to July 19, exceeding all other asset categories combined for the first time. RWAs accounted for 52% of the perpetual decentralized exchange's total weekly volume of $48.2 billion, according to

Police in Malaysia dismantled a Bitcoin mining syndicate on July 22 and 23 following four raids conducted by Tenaga Nasional Berhad (TNB) across rented premises in Johor. Authorities arrested three local men aged 26 to 46 and seized 71 cryptocurrency mining rigs in an operation codenamed Ops

Brent crude oil settled at $100.69 a barrel on Thursday after Houthi forces struck two Saudi tankers in the Red Sea, marking the first time the global benchmark closed above $100 in two months. The settlement represented a gain of about 7% and a fifth consecutive session of gains. By Friday press ti

Charles Schwab, the brokerage giant overseeing $13 trillion in client assets, called the CLARITY Act a 'fundamental catalyst' for the crypto industry this week, as Senate Majority Leader John Thune and White House adviser Patrick Witt clashed over whether the bill can secure a floor vote before

Kim Yong-beom, Blue House Policy Director, announced on the 23rd during a briefing with foreign media including Reuters and Bloomberg that upcoming contract announcements between Korean tech companies and US Big Tech will validate the government's 4,700 trillion won AI mega project figure. The annou