Gate News

Gate News

Immediately updates on the crypto industry news, covering areas such as cryptocurrencies, blockchain, artificial intelligence (AI), and traditional finance (TradFi). The content focuses on market trends, policy changes, and industry developments, presenting current hot topics and key information.

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AI Industry News

Global Tech Industry Cuts 150K Jobs in 2026 as AI Leaders Amass Unprecedented Wealth

According to TrueUp data, the global tech sector has conducted approximately 363 layoff events since the start of 2026, affecting nearly 150,000 workers—averaging 974 dismissals daily, a 44% increase year-over-year. AI has become the primary stated reason for workforce reductions, according to

3m ago

SpaceX Surges 19%, Market Cap Hits $2.5 Trillion as Nasdaq Jumps Over 3%

Stocks

Indices

According to Guru Club, SpaceX shares surged 19% on June 16, with the company's market capitalization reaching $2.5 trillion. The gains came as the Nasdaq rose over 3%, while the Dow Jones climbed 0.92% to reach new

3m ago

U.S. Dollar Falls 0.1% as U.S.-Iran Peace Agreement Dampens Safe-Haven Demand

Forex

Indices

Commodities

The U.S. dollar weakened on Monday (June 15) after the U.S. and Iran announced a temporary peace agreement, with the dollar index (DXY) falling 0.1% to 99.68. The accord, which aims to end a conflict lasting over three months, sparked reduced safe-haven demand and boosted risk appetite, lifting

5m ago

PGIM Expects Three Fed Rate Hikes This Year to Combat Sticky Inflation

Indices

According to PGIM's mid-year outlook released last week, the U.S. investment manager now forecasts the Federal Reserve will raise rates three times this year to curb economic growth, citing the U.S. economy's "remarkable resilience" and persistent inflation. The shift marks a reversal from the

10m ago

Bank of Ghana Orders Banks to Halt Unapproved Crypto USD Wallets on June 12

Regulation & Policy

Enforcement Actions

On June 12, the Bank of Ghana ordered local banks to immediately halt operations supporting unauthorized cryptocurrency platforms offering foreign currency wallet services, primarily in U.S. dollars. The central bank stated that these arrangements violate the Payment Systems and Services Act of 2019

10m ago

New Zealand Food Price Index Rises 1% MoM in May

Commodities

New Zealand's food price index increased 1% on a monthly basis in May, compared with no change in the previous month, according to official economic data.

16m ago

Hedge Funds Resume Pre-War Playbook as U.S.-Iran Peace Deal Approaches

Stocks

Forex

Commodities

According to Bloomberg, on June 15, global hedge funds have repositioned portfolios ahead of the anticipated U.S.-Iran peace agreement signing on Friday (June 19), shifting capital into short-duration U.S. Treasuries, Asian currencies, and emerging market equities that were oversold during the

19m ago

Castlestone Securities Warns Fed Rate Hikes as Soon as September Could Challenge Risk Assets, AI Valuations at Risk

Indices

AI Industry News

Forex

According to Nohshad Shah, head of fixed income sales for Europe, Middle East and Africa at Castlestone Securities, the firm recently warned that a potential Federal Reserve rate hike cycle starting as soon as September, combined with shifting investor skepticism toward AI economic returns, poses se

20m ago

AI-Generated UFC Rigging Screenshots Were Fake, But Bitcoin Shrugged It Off

Prediction Market

Market Analysis

Stocks

According to the Wall Street Journal, AI-generated screenshots allegedly showing Eric Trump asking UFC Hall of Famer Daniel Cormier about rigged bouts at the White House on June 14 were fabricated. Trump denied involvement, saying he never contacted Cormier, while Cormier posted "Are people really t

BTC1.31%

POLYMARKET0.75%

20m ago

CIA Chief Says Iran Unlikely to Agree to U.S. Nuclear Demands, June 16

According to AXIOS on June 16, CIA Director John Ratcliffe told President Trump and senior officials that Iranian officials are unlikely to accept the nuclear concessions the U.S. is demanding in any final agreement, based on intelligence gathered. Intelligence showed discrepancies between

22m ago

Global Tech Industry Cuts 150K Jobs in 2026 as AI Leaders Amass Unprecedented Wealth

Previous

SpaceX Surges 19%, Market Cap Hits $2.5 Trillion as Nasdaq Jumps Over 3%

U.S. Dollar Falls 0.1% as U.S.-Iran Peace Agreement Dampens Safe-Haven Demand

PGIM Expects Three Fed Rate Hikes This Year to Combat Sticky Inflation

Bank of Ghana Orders Banks to Halt Unapproved Crypto USD Wallets on June 12

New Zealand Food Price Index Rises 1% MoM in May

Hedge Funds Resume Pre-War Playbook as U.S.-Iran Peace Deal Approaches

Castlestone Securities Warns Fed Rate Hikes as Soon as September Could Challenge Risk Assets, AI Valuations at Risk

AI-Generated UFC Rigging Screenshots Were Fake, But Bitcoin Shrugged It Off

CIA Chief Says Iran Unlikely to Agree to U.S. Nuclear Demands, June 16