Gate Cryptocurrency News and Market Analysis

XRP faces renewed selling pressure during a broader cryptocurrency market pullback as leveraged traders reduce risk exposure. The token has weakened despite continued institutional demand through XRP-linked investment products, which have attracted cumulative inflows around $1.44 billion according t

SHIB drops below key support as selling pressure and exchange inflows increase sharply. Technical indicators remain bearish with strong resistance from multiple moving averages overhead. Weak demand, fading burns, and long liquidations signal continued downside

Ireland's Finance Minister Simon Harris and Justice Minister Jim O'Callaghan launched a 30-point action plan on June 18 to combat financial crime, with a primary focus on preventing the misuse of crypto-assets in money laundering, fraud, and terrorist financing. The initiative responds to

South Korea's five major won-market cryptocurrency exchanges recorded approximately 15.4 trillion won in combined weekly trading volume from June 12 2pm to June 19 2pm, a 12.89% decrease compared to the previous week's approximately 17.7 trillion won. The decline marks the second consecutive week

Argentine President Javier Milei signed Executive Order 475/2026, exempting registered virtual asset service providers (VASPs) from the country's 1.2% 'cheque tax' on financial transactions. The measure aims to level the playing field between crypto exchanges and traditional financial institutions i

India’s Enforcement Directorate (ED) has intensified its scrutiny of the cryptocurrency sector by conducting searches at six locations in Bengaluru as part of a Foreign Exchange Management Act (FEMA) investigation. The probe focuses on suspected unauthorized cross-border transactions worth more

South Korean digital financial services provider Dozen entered into a strategic partnership with the Solana Foundation through a Memorandum of Understanding signed on June 19. The collaboration aims to develop advanced financial infrastructure supporting the Web3 economy, encompassing stablecoin

Zhipu AI founder and Tsinghua University professor Tang Jie engaged in a social media exchange with Tesla founder Elon Musk on June 18 regarding when Chinese AI models would reach the level of Anthropic's Fable. A netizen asked Musk when Chinese large models would achieve Fable-level performance,

Market observers are closely monitoring TOTAL3 as technical patterns suggest a prolonged consolidation phase may be nearing completion. Ethereum, Solana, Sui, Render, and Bittensor continue attracting attention due to ecosystem growth and expanding use cases. Historical market cycles

The House Oversight and Government Reform Subcommittee on Military and Foreign Affairs will hold a roundtable on June 25, according to a congressional announcement issued June 18. The session will examine how digital assets may help individuals facing repressive governments or collapsing financial s

XRP traded at $1.15 on June 18 at 9 AM following a sharp decline from a short-term spike to $1.28-$1.30 on June 14-15, according to blockchain technology developer Cobot Labs. The pullback followed a period of consolidation in the $1.10-$1.18 range from June 10-13. Technical analysis comparing

Two Texas brothers pleaded guilty on June 18, 2026, to charges stemming from an armed cryptocurrency robbery that targeted a Minnesota family. Isiah Angelo Garcia, 25, and Raymond Christian Garcia, 24, admitted to Interference with Commerce by Robbery in federal court, where U.S. District Judge

Microsoft Threat Intelligence has detailed a Windows malware campaign tracked as Trojan:Win32/CryptoBandits.A, describing a clipper that spreads through removable drives, monitors clipboard activity, and swaps cryptocurrency addresses before victims send funds. The malware targets one of the most

Coinbase Global Inc. (Nasdaq: COIN) announced on June 18 new trading products including pre-IPO perpetual futures, stock options, and tokenized stocks. CEO Brian Armstrong shared the update on X as part of the company's broader 'everything exchange' push to expand beyond crypto spot trading. The

Market sentiment has remained cautious, but some analysts believe selling pressure across several altcoins has begun to ease. Hedera, Litecoin, Polkadot, Sui, and Stellar continue attracting attention due to network development and ecosystem activity. Historical cryptocurrency cycles

Backpack exchange's native token BP surged 138% over one week to trade at 0.62 USD as of the 19th afternoon 1pm according to CoinMarketCap, drawing market attention as analysts attribute the price movement to the exchange's U.S. regulatory license acquisitions. Jo Dong-hyun, co-founder of

The U.S. Department of Justice announced June 18 that federal jurors convicted Daniel Chartraw, 53, formerly of South Lake Tahoe and Lodi, California, after an eight-day trial tied him to cryptocurrency and investment fraud schemes involving Crypto-Pal LLC and TDA Global LLC that cost investors

The Philippine Stock Exchange (PSE) announced reforms to its exchange-traded fund framework, lowering capital requirements and allowing actively managed ETFs, as the bourse faces scrutiny over market performance during Ramon Monzon's nearly nine-year tenure as president. On Monday, the PSE