Gate Cryptocurrency News and Market Analysis

South Korea Charges CATFI Meme Coin Team in First DEX Rug Pull Case South Korean prosecutors have charged a group of individuals in connection with an alleged rug pull involving the Solana-based meme coin CATFI, also known as Catpie. The Seoul Southern District Prosecutors' Office's Virtual

Ethereum must reclaim two major weekly moving averages before its chart structure turns bullish, according to analyst Ali Charts on X. The analyst stated ETH needs to move back above the 200-week simple moving average at $2,500, then break cleanly above the 50-week SMA at $3,100. Ali Charts made the

Solana (SOL) has remained confined within a trading range between $76 and $98 for more than 111 consecutive sessions, according to charts shared by analysts on X. The cryptocurrency has repeatedly tested both boundaries without confirming a breakout, with the lower support zone positioned at $76.56-

Circle Internet Group has minted another 500 million USDC on the Solana blockchain, signaling continued growth in stablecoin demand and rising institutional participation in crypto markets. Blockchain tracking platforms detected the latest mint within the past 24 hours, adding to a series of

Stake DAO, a DeFi platform focused on automated yield strategies, is experiencing an ongoing exploit after an attacker minted over 5.4 trillion vsdCRV tokens on Arbitrum and actively swapped them for ETH, multiple blockchain security firms reported on Wednesday. The suspected root cause is a

FTX Trading Ltd. and the FTX Recovery Trust announced June 16, 2026, as the record date for the next distribution to holders of allowed claims and interests, with payments beginning July 31, 2026. The bankrupt crypto exchange stated the distribution applies only to eligible holders who complete

Hedge Funds Net-Sell Semiconductor Stocks Amid Tech Rally: Goldman Sachs Hedge fund clients are net-selling semiconductor and equipment stocks even as technology shares climb to record highs, according to Goldman Sachs Prime Services. The semiconductors and related equipment subsector is the

Ripple submitted a formal policy letter to the SEC Crypto Task Force on May 22, 2026, following an initial meeting held March 20, 2026, outlining proposals for stablecoin collateral treatment, capital requirement reforms, and on-chain registry systems for tokenized securities. The letter advocates t

Bitcoin retested its Friday close and April 2025 lows near $74,469 after failing to reclaim moving average resistance in the low $80,000s, according to technical analysis shared by Super฿ro and Daan Crypto Trades on X. The retest follows a pullback from the 200 day moving average zone, with the 200

Opening Avalanche entered the top ten stablecoin ecosystems by total supply during the past week, with stablecoin supply increasing 16.35% to approximately $1.66 billion. The growth reflects demand for Avalanche-based decentralized finance applications and tokenized assets. BlackRock's BUIDL

Italian banking giant Banca Sella is deepening its involvement in cryptocurrency services as digital assets gain wider acceptance across Europe. The move places the historic lender among the first traditional banks in Italy to integrate crypto tools directly into mainstream banking services. The i