Gate Cryptocurrency News and Market Analysis

Polymarket has removed a controversial betting market on nuclear detonation due to public backlash. The decision highlights the tension between speculation and moral responsibility in prediction markets, especially amid rising global tensions. This incident sparks a broader debate on the appropriateness of betting on sensitive topics.

Escalating Middle East tensions triggered a rapid risk-off across global markets on Wednesday, capping a week of sharp moves in equities, oil, and crypto. In Seoul, South Korea’s Kospi and Kosdaq plunged more than 10% during morning trading, triggering circuit breakers as the session logged its

The cannabis industry has experienced significant growth over the past decade, fueled by legalization trends, shifting public perception, and the emergence of innovative products like delta 9 gummies. Yet despite this expansion, cannabis businesses have faced persistent challenges in traditional

Core Scientific plans to sell most of its 2,500 BTC holdings in Q1 2026 to boost liquidity and finance AI-focused data center expansion, reflecting a trend among miners transitioning towards high-performance computing.

The instability in the Middle East has caused the Korean Won to surge against the US dollar to 1,480.3 KRW, approaching 1,500 KRW. US airstrikes on Iran and the blockade of the Strait of Hormuz have damaged global trade and driven up oil prices, exacerbating inflation. Foreign investors selling off stocks have further fueled the currency appreciation, making it difficult to stabilize in the short term. Experts predict that 1,500 KRW is not the new normal, and it may stabilize in the future with intervention measures.

AI Short Play "Huo Qu Bing" reported in March 2026 to have a viewership of 500 million, but actual verification shows its real viewership is only about 20,000, a huge discrepancy from the reported data. Creator Yang Hanhhan used AI technology to reduce production costs, but the data source has not been verified, indicating a lack of fact-checking in media reports and reminding readers to actively verify information.

Ripple announces that its payment platform transaction volume has surpassed $100 billion, covering over 60 markets, demonstrating the success of its cross-border payment solutions. However, XRP's liquidity index on Binance has dropped to a new low, indicating a significant decline in trading activity, which could impact price volatility risk. Analysis points out that even with business growth, low liquidity does not necessarily immediately improve market conditions.

A former LAPD officer was convicted of kidnapping and robbery for a 2024 apartment break-in aimed at stealing $350,000 in cryptocurrency. Eric Halem, along with three accomplices posing as police, threatened a 17-year-old victim for a Bitcoin hard drive.

The tense situation in the Middle East has caused significant fluctuations in the global financial markets, with the Korean stock market dropping over 10%, triggering a circuit breaker. Japan and Hong Kong stock markets are also under pressure, crude oil prices have risen, and inflation concerns have intensified. The market is reassessing the safe-haven properties of leading assets like Bitcoin, resulting in a slight decline in the overall cryptocurrency market capitalization.

The Hong Kong Monetary Authority, the Shanghai Municipal Data Bureau, and the National Blockchain Technology Innovation Center signed a memorandum of understanding to jointly research the "Cross-Border Blockchain Platform," focusing on trade data interconnection and electronic bills of lading. The goal is to reform the $1.5 trillion global cargo financing market and promote Hong Kong's role as an international financial center. This collaboration will leverage a commercial data exchange platform and blockchain technology to address existing trade financing pain points and accelerate Hong Kong's digital asset policies, including introducing tax exemptions to attract institutional investors.

Source: Founder Park "Cursor is F\\\\\ and Everyone Knows It." Insight Partners co-founder Jerry Murdock told 20VC this. Founded in 1995, Insight Partners is a leading global VC/PE firm focused on software and internet sectors, with over $90 billion in assets under management. Its portfolio has shaped the modern software economy. Jerry Murdock rarely participates in podcasts, making this his first in-depth interview. The wave triggered by OpenClaw has, in just two months, rapidly impacted and diluted