Gate Cryptocurrency News and Market Analysis

Eskom today launched Eskom Green, a dedicated renewable energy business designed to accelerate utility-scale renewable energy projects and support large power users in achieving decarbonization objectives. The new entity responds to research on over 20 global utilities, which indicates renewable pro

In April 2026, the US CPI year-over-year growth rate rose to 3.8%, the highest level since May 2023, significantly above the prior value of 3.3%. In the same month, the core CPI year-over-year growth rate reached 2.8%, also exceeding market expectations. Less than a month later, a May nonfarm employment report released by the US Department of Labor further reinforced the narrative of economic resilience—nonfarm payrolls added 172,000 jobs, far above the market expectation of 88,000. The previous

Global stock markets edged higher on Tuesday, recovering from a sell-off that began Friday when U.S. chip stocks declined sharply following a downbeat earnings report from Broadcom. The negative momentum spread to Asian and European tech stocks before stabilizing. U.S. stock futures traded broadly h

Zodia Custody has secured a payment institution license from Luxembourg's Commission de Surveillance du Secteur Financier, enabling the company to provide regulated custody and transfer services for Electronic Money Tokens, or stablecoins, across the European Union. The approval extends Zodia Custod

Pfizer presented clinical data for Ecnoglutide, a cAMP-biased GLP-1 receptor agonist, at the 2026 American Diabetes Association (ADA) conference. The head-to-head study demonstrated that Ecnoglutide 2.4mg achieved 12.8% average weight loss at 20 weeks compared to 9.5% for semaglutide 2.4mg,

Crypto analyst Alex Mason predicted Bitcoin's crash to $59,000 during a bear market lasting over a year, calling the move confirmation that the cryptocurrency is entering the final stage of its bear cycle. Following the crash, Bitcoin recovered to $61,000, which Mason describes as expected price

The Nasdaq Economic Institute released research linking the surge in one-person business formation to advances in generative AI and agentic coding tools, with applications from solo firms rising more than 20% since early 2025 while applications from companies likely to hire workers remained

Zcash developers finalized the Ironwood upgrade, adding a new Orchard shielded pool to reduce counterfeit ZEC risk, per Coin Bureau on June 9, 2026. ZEC recovered over 80 percent from its intraday low of around 252 dollars on June 5. The upgrade improves shielded transaction processing and

ARM-Harith Infrastructure Investments, a pan-African private equity fund manager focused on sustainable energy and infrastructure, raised $76 million at the first close of its Climate Transition Fund, which targets $200 million at final close. The fund combines US dollar and local currency

Apple shares traded flat in premarket Tuesday as analysts from Barclays and UBS issued cautious assessments following the company's unveiling of AI features at its Worldwide Developers Conference held Monday. Barclays maintained an Underweight rating with a $253 price target, while UBS kept a

Apple stock reversed from an intraday high of approximately $317 to close at $301.54 on June 8, erasing roughly $230 billion from the company's peak valuation after its artificial intelligence reveal at the Worldwide Developers Conference (WWDC) underwhelmed Wall Street. The nearly 4.95% intraday

The crypto market experienced a structural shift in May 2026 as Bitcoin tested and failed to hold both its 200-day moving average and short-term holder realized price amid persistent inflation and a hawkish Federal Reserve stance. The pullback was driven by macroeconomic pressure tied to the rate en

The XRP Ledger Foundation is targeting June 15 for mainnet activation of the v3.2.0 upgrade, an infrastructure-level release that renames the network’s core server software from rippled to xrpld and is expected to reduce memory consumption by 30–40%. The date was confirmed by dUNL validator Vet, an

Over 200 crypto organizations sent a letter to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer urging lawmakers to advance the CLARITY Act, a market structure bill for digital assets. Advocacy group Stand With Crypto shared the coordinated letter on Monday alongside the

SpaceX is pricing its initial public offering at $135 per share on June 11, with trading set to begin June 12 on the Nasdaq under ticker SPCX, according to CNBC reporting from June 3. The offering of approximately 555.6 million shares will raise roughly $75 billion and establish an implied