Gate Cryptocurrency News and Market Analysis

South Korea is pushing a won-pegged stablecoin after $115B flowed into dollar-backed tokens, raising FX and policy concerns. The Bank of Korea favors a bank-led rollout with strict oversight, warning of risks to monetary stability and reporting compliance. Competing KRW stablecoin

Bitcoin is rallying alongside inflation signals, according to the article, defying the traditional macro playbook that historically positioned Bitcoin as an inflation hedge. This movement represents a departure from conventional macroeconomic expectations, where Bitcoin has traditionally been

On May 4, 2026, on-chain investigator ZachXBT published a detailed report accusing the decentralized exchange aggregator Tokenlon of facilitating the movement of illicit funds tied to the Lazarus Group, the North Korean hacking syndicate linked to major crypto heists. According to ZachXBT's

South Korea's largest crypto exchange Upbit has partnered with Optimism Foundation to build a new Ethereum Layer 2 blockchain called GIWA Chain using the OP Stack, according to an announcement on Monday. Upbit will operate the chain itself while the Optimism Foundation provides technical support.

Coinbase Australia has launched support for self-directed retirement investing through self-managed super funds (SMSFs), offering trustees another avenue to diversify portfolios. According to a Monday blog post from Coinbase APAC Managing Director John O'Loghlen and executive Pete Patanapanlert, the

UAE Sovereign Wealth Fund discloses buying $320 million worth of Bitcoin ETF. This signals oil money flowing into crypto.  Response state it is bullish to see the country diversifying its portfolio into crypto. The price of Bitcoin has been slowly moving towards higher targets since the

Indian logistics firm Delhivery fell as much as 3.5% in early trade after Amazon announced it was opening its supply chain services to other businesses, according to The Economic Times. The move increases competition for logistics contracts, as Amazon's service allows companies to store and ship

Singapore's fintech sector experienced a recovery in 2024, with funding increasing almost 30% year-on-year to US$1.9 billion, according to Tech in Asia data. While total funding dipped in 2025, fintech startups in Singapore raised about US$1.6 billion, surpassing 2023's levels. In the first nine

Key Insights Cardano trades in a tight range between $0.23 support and $0.27 resistance, reflecting reduced volatility and cautious sentiment among traders. Open interest’s decline to $433 million signals fading participation, with traders closing positions instead of building new exposure i

Hut 8 replaced its Coinbase Credit arrangement with a new $200 million, 364-day bitcoin-backed facility from FalconX, cutting debt costs by 200 basis points, according to the announcement. New Facility Details The facility is structured as a 364-day bitcoin-backed loan for $200 million. The arran

South Korea's largest crypto exchange Upbit has partnered with Optimism to build a new Ethereum Layer 2 blockchain using the OP tech stack, according to an announcement from Optimism Foundation on Monday. GIWA Chain will be the first blockchain to launch on the Self-Managed tier of OP Enterprise, me

Turkey's central bank maintained its tight monetary policy in April 2026 despite persistent inflation and slowing economic activity, keeping its main interest rate at 37 percent to defend the lira and restrict credit, according to the bank's latest policy decision. The central bank has limited lira

Indonesia's Ministry of Communication and Digital has expanded its child protection rule for electronic systems, PP Tunas, to cover ecommerce, fintech, banks, search engines, and other digital services likely to be used by children, according to ministry official Mediodecci Lustarini. The rule

Tetra Trust has launched CADD, a new stablecoin backed by Shopify and National Bank of Canada among other supporters, designed to enable 24/7 cross-border settlement and real-time institutional transactions. The digital currency targets institutional users seeking to replace legacy batch settlement

Brazil's National Agency of Petroleum, Natural Gas and Biofuels (ANP) announced on April 4 that the country's combined oil and gas production in March reached 5.531 million barrels of oil equivalent per day, marking a historical record. The production surge reflects both operational expansion and

HSBC Holdings disclosed on May 5 that it intends to maintain its common equity tier one (CET1) ratio mid-term target range at 14% to 14.5%, according to the bank's first quarter 2026 earnings report. The group stated it is adequately prepared to address changes and uncertainties in the global

The UAE banking system faces mounting pressure as the monetary base (M0) declined by AED74.6 billion ($20.3 billion), or 8.2 percent, by March 30, 2026, following the US-Israeli war on Iran that began on February 28, according to an Oxford Economics report. Rising interbank lending rates and large-s