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BlackRock CEO Larry Fink Recognizes Cryptocurrencies as Asset Class

Larry Fink, CEO of BlackRock, one of the largest asset management firms globally, recently recognized cryptocurrencies as an asset class in public comments. Commentator @EricBalchunas emphasized the impact of Fink's statements on crypto perception as midterm elections approach. The recognition
BLK-0.99%
GateMacroTradfiHub·18m ago
BlackRock CEO Larry Fink Recognizes Cryptocurrencies as Asset Class

Amazon Launches Premium Alexa Tablets, Discontinues Budget Fire Lineup

Amazon on Thursday debuted three new Alexa-branded tablets priced between $230 and $550 and announced it is discontinuing its budget-friendly Fire lineup. The 8-inch, 11-inch, and 12-inch models are available for preorder Thursday and will begin shipping Oct. 14. The move represents a strategic
AMZN1.38%
AAPL0.88%
GOOGL0.76%
GateCryptoFrontier·25m ago
Amazon Launches Premium Alexa Tablets, Discontinues Budget Fire Lineup

Zcash Discussed as ETF Option Despite Privacy Focus

Zcash is under discussion as a potential exchange-traded fund option, with influencer Eric Balchunas highlighting the irony of promoting a privacy-focused cryptocurrency for ETF inclusion. Balchunas pointed to the contradiction between Zcash's core privacy features and the transparency typically
ZEC-7.50%
GateCryptoDesk·28m ago
Zcash Discussed as ETF Option Despite Privacy Focus

Yan Highlights Memecoin Trading Losses Amid Rapid Speculation

Yan, in a recent tweet, highlighted ongoing memecoin trading activity characterized by frequent position entries and exits, despite most traders incurring losses. The trading environment is described as shallow yet expansive, with participants engaging in rapid speculation. This pattern suggests tra
GateEcosystemHub·28m ago
Yan Highlights Memecoin Trading Losses Amid Rapid Speculation

Base Restricts Tokenized Stocks to Non-U.S. Jurisdictions

Base announced that its tokenized stocks will be accessible only in eligible jurisdictions outside the United States. The announcement, referenced in a tweet by the organization, did not provide a specific date or detailed rationale for the geographic restriction. Base operates as a platform for
GateMacroTradfiHub·37m ago
Base Restricts Tokenized Stocks to Non-U.S. Jurisdictions

TSMC Stocks Fall 1.4% as September Revenue Jumps 54.6% to $16.1B

TSMC reported September revenue reached NT$511.86 billion, or roughly $16.1 billion, marking a 54.6% increase from NT$331.43 billion a year earlier. The Taiwan-listed shares of the world's largest contract chipmaker fell about 1.35% on Thursday, while its U.S.-listed ADR (TSM) dropped 2.1% in the
TSM-2.12%
NVDA-0.75%
AAPL0.88%
AMD-0.57%
NDAQ-0.37%
GateMacroTradfiHub·37m ago
TSMC Stocks Fall 1.4% as September Revenue Jumps 54.6% to $16.1B

FED Minutes’ “Hawkish Noise” vs. Market’s “Dovish Pricing”: How Does the Divergence in Rate-Hike Expectations Affect Crypto Assets?

In the early hours of Oct. 8 Beijing time, the FED released the minutes of its September Federal Open Market Committee (FOMC) monetary policy meeting. The minutes showed that all meeting participants unanimously supported the decision to raise rates by 25 bps in September, lifting the federal funds target range to 3.75% to 4.00%. Most participants assessed that another rate hike before the end of this year would likely be appropriate. The FED’s next interest rate decision will be announced on Oc
USIDX0.05%
BTC-0.95%
ETH-0.79%
BLAST-8.68%
GateInstantTrends·48m ago
FED Minutes’ “Hawkish Noise” vs. Market’s “Dovish Pricing”: How Does the Divergence in Rate-Hike Expectations Affect Crypto Assets?

VTB Receives Digital Depository and Crypto Exchange Statuses

Starting October 5, 2026, rules governing companies’ eligibility for digital depository and digital currency exchange organization status came into effect in Russia. VTB Bank was the first to receive both statuses, allowing it to open digital accounts for clients to account for cryptoassets and provide digital currency buying and selling services. The new rules operate under the Law “On Digital Currencies and Digital Rights,” which entered into force on September 1, 2026. Under the law, cryptocu
GateRussiaCrypto·53m ago
VTB Receives Digital Depository and Crypto Exchange Statuses

US Initial Jobless Claims Total 197,000, Below Forecast

The U.S. Labor Department reported on October 8 that initial jobless claims totaled 197,000 last week, falling 3,000 below the market forecast of 200,000 and 2,000 lower than the prior week's revised 199,000. The below-forecast result reflects ongoing labor market dynamics. Initial jobless claims se
Bloomingbit·55m ago
US Initial Jobless Claims Total 197,000, Below Forecast

Iran FM: US Reviewing Tehran Proposal, Response Expected Within Days

Iranian Foreign Minister Abbas Araghchi stated on October 8 that Iran has submitted a proposal called the "seven-day plan" to the United States and is now reviewing the US position on it, with a response expected within the next few days. Araghchi told Tasnim News Agency that talks are still
Bloomingbit·1h ago
Iran FM: US Reviewing Tehran Proposal, Response Expected Within Days

Simple Technology Holdings Appoints RMB for $1.5B Nasdaq SPAC Merger

Simple Technology Holdings, a Web3 and digital economy platform incorporated in the Abu Dhabi Global Market, announced on 8 October the appointment of RMB Capital India Private Limited as financial advisor. The appointment comes ahead of a planned reverse merger with a special purpose acquisition co
NDAQ-0.37%
CRCL-3.91%
GateCryptoDesk·1h ago
Simple Technology Holdings Appoints RMB for $1.5B Nasdaq SPAC Merger