Gate Cryptocurrency News and Market Analysis

Trace Finance closed a $32 million Series A funding round led by Coinfund to expand its regulated stablecoin infrastructure into the U.S., APAC, and additional markets. The round included participation from Coinbase Ventures, Haun Ventures, Jump Capital, Valor Capital, Paxos, HOF Capital,

The National Association of Realtors announced on Wednesday that the U.S. pending home sales index rose 3.8% in May, surpassing the 0.8% forecast. Year-over-year pending home sales increased 4.8%, exceeding the 3.0% expectation, with gains across all regions including the Northeast, Midwest,

A Michigan federal judge denied Polymarket's request for a preliminary injunction Wednesday, ruling that sports-related prediction market wagers do not constitute swaps under the Commodity Futures Trading Commission's jurisdiction. U.S. District Court Judge Paul L. Maloney

SpaceX appointed Roelof Botha as an independent director and audit committee member, according to a Wednesday filing with the SEC. The appointment came less than a week after CEO Elon Musk led the rocket maker through a record IPO. Botha, a longtime Musk ally who worked with him at PayPal in 2000, w

Trader Garrett Jin sold 184,102 HYPE tokens worth approximately $13.55 million at roughly $73.6 each, securing a $2.83 million profit, according to blockchain analytics platform Lookonchain. He subsequently opened a long position on UNI, the governance token of decentralized exchange Uniswap,

Bitcoin pushed toward $67,000 early-week before cooling back toward the mid-$65,000s, as traders weighed market reaction to a preliminary US-Iran memorandum of understanding announced around the G7 Summit regarding the Strait of Hormuz. The preliminary agreement, with formal signing still pending, c

FTX creditors are monitoring SpaceX's post-IPO performance after the rocket-maker's market cap surged past $2.52 trillion on Wednesday, driven by an initial public offering that occurred last week. The defunct crypto exchange held a stake in SpaceX through venture firm K5 Global before FTX's

The Dutch gambling regulator Kansspelautoriteit (KSA) published a collection decision on 16 June against Adventure One QSS Inc., the operator of prediction market platform Polymarket, for €420,000 (approximately $487,000). The penalty stems from the platform halting its service to Dutch users one

Stand With Crypto is advocating for the Clarity Act, which is now poised for a Senate floor vote. The organization conducted 18 meetings with Senate offices to deliver one message: protections for developers must remain intact as the legislation advances. The Clarity Act aims to provide clearer

XRP withdrawal transactions on Binance reached 53.2% on June 15 and 53.1% on June 16, while deposits fell to 46.7% on June 15, according to CryptoQuant data. The shift in transaction flow coincided with the Binance Estimated Leverage Ratio hitting 0.1899 on June 16, marking a 2026 high. The data

Investors pulled back from geopolitical risks across Asian markets, pushing the region’s total over $770 billion.  Traders switched to growth-oriented and export-inflated stocks as South Korea and Japan rallied. Risk appetite returned as Hong Kong and Shanghai showed steady progress. Asi

NVIDIA GEAR lab researchers alongside collaborators from Carnegie Mellon University and UC Berkeley developed ENPIRE, an agent harness framework that enables AI coding agents to autonomously direct robot

Crypto Outflow Slowdown gained attention after weekly ETF withdrawals dropped 81% from prior levels. Five consecutive weeks of net outflows continued, yet selling intensity weakened considerably. Bitcoin maintained stronger relative performance while Ethereum struggled to sustain

Crypto Outflow Slowdown gained attention after weekly ETF withdrawals dropped 81% from prior levels. Five consecutive weeks of net outflows continued, yet selling intensity weakened considerably. Bitcoin maintained stronger relative performance while Ethereum struggled to sustain

Grayscale Research forecasted the Aave (AAVE) token could reach $175 in one year under a base case tied to regulatory clarity and wider adoption of tokenized assets, as the AAVE price rose 3.27% to $76.57 at press time. The firm said it believes AAVE is currently undervalued near $75, while its

The Federal Open Market Committee voted 12-0 on June 17 to hold the federal funds rate target range at 3.5% to 3.75%, maintaining policy as inflation remains above the central bank's 2% goal. The decision came as the Consumer Price Index hit 4.2% in May, the highest year-over-year reading since