Gate Cryptocurrency News and Market Analysis

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Perplexity CEO: The 2028 IPO plan will not change due to OpenAI and Anthropic

Perplexity CEO Aravind Srinivas confirmed in a CNBC interview on June 9 that the company plans to go public around 2028, and that this timeline will not be adjusted due to the IPO actions of OpenAI or Anthropic. Srinivas said Perplexity’s strategic goal is to build first into a “healthy, high-growth” business. Confirmation Statement from Srinivas’ CNBC Interview IPO timeline: “It has nothing to do with whether these two companies go public. Perplexity has always planned to IPO around 2028, and n
MarketWhisper·8m ago
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ZachXBT faces anonymous account accusations over alleged identity exposure; $1.1 million USD community fund under scrutiny

According to a post by CryptoCity on June 9 citing an anonymous X account @matthewabides, the on-chain investigator ZachXBT’s real name is Zachary Wolk. The post claims he identified this through OSINT methods and by matching against 2023 defamation lawsuit documents. The post also accuses ZachXBT of setting up a community fund in 2023, raising about $1.1 million. Alleged Basis for the Identity Claims: Court Documents and OSINT (Source: @matthewabides post) The anonymous source claims two identi
HYPE-10.4%
OP2.79%
MarketWhisper·12m ago
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Meta Subscriptions Could Generate $20B by 2030, Truist Says

Meta Platforms Inc.'s new subscription offering for its social media and AI apps could generate $20 billion in revenue by 2030, according to analysts at Truist on Tuesday. Meta launched paid subscriptions for Instagram, Facebook, WhatsApp and Meta AI last month. Truist cited the company's
LucasBennett·20m ago

Google Gemini 3.5 translation upgrade ends real-time interpretation pauses for 70 languages

Google announced the launch of Gemini 3.5 Live Translate on June 9 on its official blog. This is the latest audio model for the Gemini Live API. Its goal is to eliminate conversation pauses caused by waiting for a whole sentence to finish in real-time speech translation. Gemini 3.5 Live Translate automatically detects 70+ languages and outputs translations using a continuous generation approach. Confirmed technical features of Gemini 3.5 Live Translate Translation mechanism: Gemini 3.5 Live Tran
MarketWhisper·21m ago
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Kraken secures official crypto trading exchange status for the FIFA World Cup, covering 7 matches

On June 10, the cryptocurrency exchange Kraken and the Fédération Internationale de Football Association (FIFA) announced that Kraken has officially become an official cryptocurrency exchange sponsor of the 2026 FIFA World Cup. The agreement covers the seven-week competition period from June 11 to July 19. Financial terms were not disclosed, and multiple law enforcement agencies simultaneously warned fans to watch out for cryptocurrency scam risks named after the World Cup. Confirmed terms and e
MarketWhisper·23m ago
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CME Group launches Nasdaq crypto index futures, cash-settled in 8 coin types

CME Group (Chicago Mercantile Exchange Group) launched Nasdaq CME Crypto Index futures on June 10. At maturity, the contracts are settled in cash based on the value of the Nasdaq CME Crypto Settlement Price Index. The index tracks Bitcoin, Bitcoin Cash, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar. Index constituents: 8 confirmed crypto assets as of June 9, 2026 Per announcements from CME Group and PRNewswire, the constituents of the Nasdaq CME Crypto Settlement Price Index are as foll
ETH-2.27%
SOL-2.05%
XRP-2.83%
ADA-2.7%
MarketWhisper·27m ago
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Japan’s three major banks plan to jointly issue stablecoins before March 2027, with the Financial Services Agency supporting a pilot test

On June 10, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group announced that their banking business divisions will jointly issue a stablecoin for the fiscal year ending March 2027, and will also set up a committee to review the operating framework and prepare for the issuance. Reuters reported that this is part of Japan’s national strategy to use blockchain technology to enhance payment systems. Japan’s Financial Services Agency (FSA) has supported the p
MUFG-0.6%
MarketWhisper·35m ago
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Aragon DAO governance vulnerability: an attacker stole 944 WETH in a single transaction

According to Cryptopolitan, reported on June 10, an anonymous attacker used Token of Power (TOP) tokens accumulated to exceed 50% of the circulating supply to complete the creation, voting, and execution of a governance proposal within a single transaction. After minting a large amount of new tokens, they cleared the Balancer V1 liquidity pool on Ethereum, extracting 944.2 WETH (about $1.58 million). Attack Mechanism: How 8,192 TOP Completed Governance Takeover in a Single Transaction The total
ETH-2.2%
BAL-2.97%
MarketWhisper·40m ago
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Morpho completes a $175 million funding round, with a total locked value of $6.5 billion challenging Aave

The decentralized lending protocol Morpho completed a $175 million funding round on June 8, co-led by Paradigm, a16z crypto, and Ribbit Capital, with full dilution valuation reaching up to $2 billion. Morpho’s total value locked (TVL) across 37 chains is nearing $6.5 billion, compared with Aave’s $12 billion. Funding Round Confirmed Details: Investors and Valuation Structure Co-leads: Paradigm, a16z crypto, Ribbit Capital Confirmed participating institutions: Apollo Funds, Circle Ventures, VanEc
MORPHO9.26%
AAVE-0.45%
ETH-2.2%
MarketWhisper·48m ago
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The biggest IPO in history—SpaceX is about to go public. Why did AI-sector stocks plunge collectively?

On June 12, 2026, SpaceX will list on Nasdaq at a price of $135 per share, with the ticker “SPCX.” The base fundraising size is $75 billion, and the overall valuation is approximately $1.77 trillion. This is not only the largest IPO in global capital market history by scale, but it may also become the most iconic capital market event of 2026. However, on the eve of SpaceX’s listing, AI chip stocks have experienced the most intense selloff in months. On June 5, the Philadelphia Semiconductor Inde
NAS100-0.43%
BTC-2.17%
US500-0.17%
US50020-0.17%
GateInstantTrends·51m ago
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SpaceX listed on June 12, QQQ triggers a forced buy of $7 billion

SpaceX confirmed that its IPO will be priced at $135 per share and will begin trading on Nasdaq on June 12. All funds tracking the Nasdaq 100 index, including QQQ (Invesco QQQ Trust), will passively hold SPCX. Citing analysts, Yahoo Finance estimates that index funds will be required to buy about $7 billion worth of SpaceX shares around the inclusion date. SpaceX IPO Pricing Confirmation Conditions: Pricing, Valuation, and Listing Details Based on data confirmed by Reuters and The New York Times
QQQ-1.19%
MarketWhisper·57m ago
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Russia’s State Duma first reading passes the crypto tax overhaul; the committee asks for a withholding/collection provision to be added in the second reading

According to Bits.media, the Russian State Duma (the lower house of parliament) on June 10 passed, on first reading, a crypto-currency tax reform bill submitted by the Russian government. The version approved on first reading stipulates that the tax base is the net positive difference between income and expenses from cryptocurrency transactions. The State Duma’s Budget and Tax Committee has proposed, at the second reading, amending the bill to require licensed cryptocurrency exchanges to withhol
MarketWhisper·1h ago
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VOO leads the 2026 ETF funding ranking at $75.69 billion, with international and AI funds flowing in in sync

According to the fund inflow report released by ETF Trends on June 9, the Vanguard S&P 500 ETF (VOO) led the way with $75.69 billion in net inflows as of 2026 YTD, and its assets under management also surpassed the $1 trillion mark during the same period. As of the report date, US stock funds continued to attract the vast majority of capital, while inflows into international stock ETFs and fixed-income funds also increased. US Stock Core Funds: Confirmed Net Inflow Rankings for 2026 YTD Based on
VOO-0.32%
US500-0.17%
US50020-0.17%
US500200-0.17%
MarketWhisper·1h ago
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CoreWeave Co-Founders Sell $2.3B Stock Since March 2025 IPO

CoreWeave co-founders sold approximately $2.3 billion in stock since the company's March 2025 IPO, according to Bloomberg. CEO Michael Intrator, Chief Development Officer Brannin McBee, and Chief Strategy Officer Brian Venturo executed the sales after the lockup period expired in August 2025, with t
LucasBennett·1h ago

Bitwise: Bitcoin as a macro canary, falling to a cycle low of 58 thousand

Asset management firm Bitwise released a crypto market report on June 8, characterizing Bitcoin (BTC) as a macro “canary” asset, arguing that its decline precedes the weakening of global risk assets. BTC and Ethereum (ETH) each dipped to cycle lows of $58,000 and $1,507, respectively; on the same day, the Nasdaq Composite saw a daily drop of 5% (the largest in months), and South Korea’s KOSPI triggered a circuit-breaker mechanism due to sell-offs in semiconductor stocks. Macro and market data co
BTC-2.17%
ETH-2.2%
MarketWhisper·1h ago
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SpaceX IPO Draws $250B+ Subscriptions, Nearly 4x Target Raise

SpaceX attracted over $250 billion in investor subscription demand for its initial public offering, according to a report on June 9, nearly four times the company's planned $75 billion raise. Sources familiar with the matter told media outlets that institutional investors have placed large subscript
BTC-2.17%
LucasBennett·1h ago