Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

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Bitcoin Falls Below 200-Week Average as Zcash Exploit Shakes Market

Bitcoin traded at $62,495 as of Friday morning after falling below its 200-week moving average, while Zcash disclosed a 4-year double-spend exploit during the same week. The crypto market suffered what one analyst described as a severe crisis of faith, triggered by the Zcash bug announcement and
BTC1.51%
ZEC14.63%
ETH3.73%
HYPE-2.27%
EthanBrooks·51m ago

Hut 8 Prices $4.25B Notes to Build 352MW Texas AI Data Center

Hut 8 priced $4.25 billion of 6.129% senior secured notes due 2042 through its subsidiary Beacon Point DC LLC to finance construction of a 352-megawatt AI data center in Nueces County, Texas. The investment-grade notes fund the company's expansion into AI infrastructure as it transitions from
BTC1.51%
LucasBennett·3h ago

TRX Lists on CFTC-Regulated Bitnomial Exchange for U.S. Spot Trading

TRX, the native utility token of the TRON network, has been listed for spot trading on Bitnomial, a CFTC-regulated U.S. exchange and clearinghouse. The listing expands regulated market access for U.S. institutions and investors requiring oversight and settlement standards before trading digital
TRX2.27%
CryptoFrontier·5h ago