Gate Cryptocurrency News and Market Analysis

Standard Chartered's global head of digital asset research Geoff Kendrick stated in a Friday note that Bitcoin may move toward its all-time high of $126,000 before year-end. Kendrick cited short liquidations as the primary driver of the latest rally, alongside recovering inflows into spot Bitcoin

Michael Burry, the investor known for shorting the 2008 housing market, warned on Friday that the AI data center construction boom presents structural risks similar to the 2008 financial crisis. In a Substack post, Burry highlighted that private non-residential construction excluding data centers

Korean stocks Monami and Hansung Enterprise plunged over 60% from recent highs as of the 21st, reversing gains driven by a retail investor campaign to prevent delisting of domestic brands. Monami closed at 1,353 won on the 21st, down 63.7% from its peak of 3,730 won recorded on the 16th of last

Meta faces a trial brought by state attorneys general that could result in a trillion-dollar penalty and force removal of features including infinite scrolling, autoplaying videos, and Instagram Stories from its platforms. During opening statements Tuesday, California deputy attorney general Megan

Multiple crypto companies announced partnerships during August's third week. World Liberty Financial partnered with WorldClaw on August 21, 2026, routing AI transactions via USD1 stablecoin; Kraken integrated Mesh for Coinbase deposits; Crypto.com expanded Solidus Labs surveillance; Bitcoin.com

Institutional investors in alternative investment markets are adopting 'forced diversification' strategies as artificial intelligence investments dominate across private equity, private credit, real estate, and infrastructure sectors. The shift comes as traditional asset-class diversification

The Eurozone manufacturing Purchasing Managers' Index (PMI) preliminary reading for August reached 52.8, marking the highest level in 51 months since May 2022, according to Standard & Poor's (S&P) Global on the 21st. The manufacturing expansion was primarily driven by Germany, with the index

Coinkite released firmware 5.6.1 for Coldcard Mk4 and Mk5 devices and 1.5.1Q for the Coldcard Q in a Thursday blog post, requiring newly generated seeds to include user-supplied entropy mixed with improved device randomness. The update mandates at least 65 keypresses with unpredictable timing, 50 ro

Meta Platforms stocks closed at $545.83 on 20 August 2026, down 31% from the 52-week high of $790.80, as Q2 2026 free cash flow collapsed to $784m despite $31.86bn of operating cash flow. The drop followed capital expenditure of $31.08bn in a single quarter — an 82% year-on-year increase — which

Walmart shares plunged more than 9% on Thursday despite the retail giant beating Wall Street's quarterly revenue estimates and raising its full-year outlook. The selloff was triggered by weaker-than-expected comparable sales in Walmart's core US business, which rose just 2.6% — the slowest quarterly

Vaneck's Matthew Sigel maintains his bitcoin price targets of $100,000 by 2027 and $500,000 by 2029, reiterating his stance on CNBC this week as bitcoin trades near $79,000 on August 21. Sigel attributes his outlook to steadying institutional inflows and a pro-crypto policy backdrop under

South Korea's Ministry of Trade, Industry and Energy announced on the 21st that the 9th petroleum maximum price will remain frozen at current levels for a 4-week period starting midnight of the 22nd. The freeze maintains gasoline at 1,784 won per liter, diesel at 1,773 won per liter, and kerosene at

Nine publicly-listed Bitcoin mining companies spent $5.11 billion on capital infrastructure during H1 2026 while generating $341.2 million from AI and high-performance computing services in the same period, according to data compiled by BlocksBridge Consulting and reported by Cointelegraph.

Poolin Technology PTE. LTD., Lonestar Taproot LLC and Lonestar Dream, Inc. filed voluntary Chapter 11 bankruptcy petitions on July 22 in the U.S. Bankruptcy Court for the District of New Jersey. The filings list liabilities between $100 million and $500 million against assets of only $1 million

Poolin Technology PTE. LTD. and two affiliated companies filed for Chapter 11 bankruptcy protection on July 22, 2026, in the U.S. Bankruptcy Court for the District of New Jersey. The filing initiates a court-supervised asset sale process for the crypto mining pool operator, which once ranked among t

XRP rallied 35% in seven days to around $1.36, according to CoinCodex data. Ripple CEO Brad Garlinghouse recently met President Donald Trump at the White House alongside Coinbase CEO Brian Armstrong, Andreessen Horowitz partner Chris Dixon, and Arjun Sethi. The group discussed the CLARITY Act with C

On August 21, 2026, the U.S. Commodity Futures Trading Commission (CFTC) held the inaugural meeting of its Innovation Advisory Committee, discussing three major topics: crypto market regulation, artificial intelligence in finance, and prediction markets. In his opening remarks, CFTC Chairman Michael S. Selig explicitly proposed a “roadmap for the new frontier of finance,” emphasizing that the United States should strive to be a rulemaker in areas such as blockchain, AI, and prediction markets ra

A majority of Americans believe President Donald Trump and his family have benefited inappropriately from cryptocurrency ventures, according to a Reuters/Ipsos poll conducted over four days ending Aug. 17. The survey found that 63% of 1,166 U.S. adults considered the family's crypto profits inapprop

South Korea's stock market circuit breaker mechanism, known as sidecar, triggered 49 times on the KOSPI as of the 21st this year, approaching its 50th activation. The Korea Exchange reported the mechanism, designed to halt program trading during rapid market movements, activated 25 times for sell or

Gate launched Japanese stock trading on the Tokyo Stock Exchange (TSE), making approximately 300 securities accessible through its platform. The launch strengthens Gate's one-stop multi-asset trading ecosystem by enabling users to execute transactions in Tether (USDT) without establishing a