Gate Cryptocurrency News and Market Analysis

PayPal launched PYUSDx, a stablecoin issuance platform enabling businesses to create custom digital currencies backed by PayPal USD (PYUSD), initially announced in February 2026 and now entered live operation according to the companies. The US-based payments company developed PYUSDx in partnership w

US Bitcoin spot ETFs recorded net inflows of $433 million on September 18 (US Eastern Time), marking the second consecutive trading day of positive flows. Fidelity's FBTC led with $310.7 million in inflows, while no products experienced outflows on the day. This follows August's strong performance o

US Ethereum spot ETFs recorded a net inflow of $143.7 million on September 18 (US Eastern Time), ending a three-day streak of net outflows that began September 15. The inflow occurred as no ETF products experienced withdrawals that day, with the 0.20% product attracting the largest single-day inflow

Linera, an a16z-backed Layer 1 blockchain project, announced its immediate shutdown due to insufficient funding. The project's recent token sale on Sonar attracted nearly $900,000 in commitments but failed to meet the minimum threshold required to proceed. The shutdown decision was communicated to t

Cathie Wood, founder and CEO of ARK Invest, released a new episode of Bitcoin Brainstorm focusing on the intersection of artificial intelligence and Bitcoin. The episode features discussions with guests from Bitcoin Park (@bitcoinpark_) and @rodroudi exploring how these two technological sectors

Mirae Asset Securities on the 19th named Samsung SDS as its top large-cap pick in the internet and software sector, raising the target price from 260,000 won to 300,000 won, while designating NHN as the top small/mid-cap pick with an 80,000 won target price and 'Buy' rating. Analyst Lim Hee-seok

Mirae Asset Securities on the 19th upgraded Samsung SDS to its top large-cap pick among internet and software stocks, raising the target price from 260,000 won to 300,000 won, while naming NHN as its preferred small- and mid-cap stock with an 80,000 won target and 'Buy' rating. Analyst Lim

An unnamed trader closed a short position in ZEC (Zcash), incurring a $10.68 million loss due to the cryptocurrency's rising price. The position had previously shown a $9 million profit before reversing to a $1.57 million loss, according to information from @lookonchain. The incident highlights the

Coinbase has filed with the U.S. Commodity Futures Trading Commission (CFTC) to launch cash-settled perpetual futures referencing individual U.S.-listed stocks and exchange-traded funds (ETFs). The filing, highlighted by CryptoTwitter commentator @WuBlockchain, represents an effort to expand Coinbas

XRP fell approximately 13% to 1.29 USD after reaching 1.49 USD, according to blockchain technology firm Cobot Labs data as of 9 AM on the 18th. Chart analysis identified a historical pattern from May 7, 2025 with an error score of 7.77, indicating high similarity to the current 30-minute chart

The US Federal Reserve raised its benchmark interest rate by 0.25 percentage points, marking the first rate hike in 3 years and 2 months, prompting warnings from LS Securities about heightened stock market downside risks due to liquidity contraction. On September 20, LS Securities analyst Jung

The US Federal Reserve raised its benchmark interest rate by 0.25 percentage points, marking the first increase in 3 years and 2 months, according to a September 20 report by LS Securities researcher Jung Da-woon. The rate hike stems from strong investment indicators and inflation control

HD Hyundai Group stocks declined on the 18th as the labor union at HD Hyundai Heavy Industries declared negotiation breakdown and announced plans for a full strike after the Chuseok holiday. HD Hyundai fell 6.52% to 208,000 won, HD Hyundai Heavy Industries dropped 2.02% to 460,000 won, and HD

Doosan Group's holding company Doosan saw its stock close at 1.447 million won on the 18th, up 2.99%, marking a ~60% recovery since hitting 900,000 won on July 30. DS Investment Securities analyst Kim Su-hyun raised the target price from 2.4 million won to 2.75 million won on the 18th, citing

Anthropic and other global AI companies are considering slowing AI development due to rapid capability improvements, raising concerns about memory semiconductor demand, according to IBK Investment & Securities analyst Kim Un-ho. The analyst stated that while GPU and high-bandwidth memory (HBM)

Tesla locked in October 1 as the date for its next-generation Roadster unveiling in Waco, Texas, nearly nine years after first showing the prototype in November 2017, while a U.S. auto safety regulator issued a special order requiring answers by Sept. 30 on how the company self-certified its wheel-l

ZKsync announced that the permissioning engine at the core of Prividium is now open source. The technology allows users to run, inspect, and modify the engine in their own environments. The Deutsche Bundesbank is already leveraging this technology, highlighting growing interest in transparency and s

KB Securities analyst Oh Jae-young forecasts that the USD-KRW exchange rate will fluctuate around 1,400 won in the short term before declining to the 1,200 won range in the long term, reflecting South Korea's strong economic fundamentals. The currency pair bottomed at the 1,330 won level earlier

GRIN surged 11.53% in one hour to trade at $0.013526 amid current market volatility. The cryptocurrency moved from approximately $0.012 to its current level, though it remains down 9.76% over the last 24 hours. The sharp increase occurred as mixed signals defined the broader cryptocurrency