Gate Insights and Crypto Market Analysis

Fed Chair Kevin Warsh told Congress on July 14, 2026 the Federal Reserve will not bail out cryptocurrency or stablecoin markets if they face stress. Rep. Brad Sherman pressed Warsh during a House Financial Services Committee hearing on whether the Fed would extend support to digital asset markets

Moniepoint Inc has appointed Rose Muturi as chief executive for Kenya operations, the Nigerian fintech unicorn confirmed on Tuesday. Muturi, who joined in June according to her LinkedIn profile, previously served as CEO of Branch Kenya for more than four years. The appointment follows Moniepoint's a

Apple is in talks with PrismML, a Khosla Ventures-backed startup, to evaluate AI model compression technology that could enable powerful AI models to run directly on iPhones, PrismML CEO Babak Hassibi told CNBC. PrismML publicly released compressed versions of Alibaba's Qwen model on Tuesday,

President Donald Trump on Tuesday announced he has replaced the proposed 20% toll on cargo flowing through the Strait of Hormuz with investment deals with Gulf states. Trump said the decision followed highly productive conversations with Middle Eastern leadership. The move comes amid ongoing

Fed Chair Kevin Warsh testified before the House Financial Services Committee on May 14 (local time), stating that the Federal Reserve must clearly separate balance sheet policy from fiscal policy. Warsh emphasized that any changes to balance sheet policy would be announced and explained in

A U.S. trade official testified on Tuesday that very few of Nvidia's H200 artificial intelligence chips have been shipped to China and Hong Kong. Under Secretary of Commerce for Industry and Security Jeffery Kessler stated at a congressional hearing that 'very few shipments against licenses for H200

North Carolina enacted the Virtual Currency Kiosk Consumer Protection Act, establishing consumer protections for crypto ATM users. The legislation addresses fraud concerns after the FBI reported over $12 million in losses from cryptocurrency kiosk scams in North Carolina. Governor Josh Stein

Prediction markets recorded more than $50 billion in monthly trading volume for the first time in June, driven by betting activity surrounding the 2026 FIFA World Cup, according to a Macquarie research note citing blockchain analytics firm Artemis data. The surge was led by Kalshi, which processed a

Google is celebrating the 25th anniversary of its image search feature by refreshing the search experience with AI-curated image galleries. The company launched the first version of image search in July 2001, a quarter century after engineers recognized users wanted to see images rather than read

U.S. Senator Cynthia Lummis (R-WY) announced on July 14 that lawmakers will release the CLARITY Act bill text within days after nearly 10 months of negotiations. The legislation seeks to establish a federal regulatory framework for digital asset markets while strengthening consumer protections and a

Jim Cramer's CNBC Investing Club discussed multiple stock moves during its Tuesday Morning Meeting after stocks rose following a cooler-than-expected June consumer inflation report. IBM shares plunged roughly 26% on the session after the company preannounced a weaker quarter due to software

Publicly traded bitcoin miners CleanSpark, BitFuFu and Canaan reported lower bitcoin production in June compared with the prior month. CleanSpark mined 614 bitcoins during June, down from 671 in May, while BitFuFu produced 125 bitcoins compared with 177 the previous month and Canaan mined 64 bitcoin

US President Donald Trump redirected a significant portion of his cryptocurrency earnings into traditional financial assets throughout 2025, according to financial disclosure documents submitted to the Office of Government Ethics (OGE). Trump generated over $1.4 billion in revenue in 2025 from crypt

The KOSPI index experienced extreme intraday volatility on the 14th, plunging 5.26% before rebounding 2.54% to close 0.73% higher at 6,856.83. The intraday high-low spread reached 531.06 points. Goldman Sachs attributed the volatility to forced deleveraging of single-stock leveraged ETFs, while

Paramount still plans to close its proposed acquisition of Warner Bros. Discovery by the end of September despite a lawsuit filed by state attorneys general, lead trial counsel Jeffrey Kessler told CNBC on Tuesday. The company aims to close as early as July 22 when it expects to have all

The S&P 500 fell 0.79% to 7,515.34 Monday after President Trump reinstated a naval blockade of Iranian ports, triggering a broad selloff across stocks, bonds, crypto, and metals. Tuesday's June CPI report reversed

Benchmark Equity Research raised its price target for Hut 8 Corp. (HUT) to $165 from $85, citing the commercialization of the company's Beacon Point AI data center campus and $16.8 billion in contracted value across two AI infrastructure leases. Hut 8 shares were trading around $97 on Tuesday,

The US dollar fell sharply on this day morning as June inflation data came in significantly below market expectations, triggering a decline in Treasury yields. At 8:47 a.m. Eastern Time, the dollar index (DXY) stood at 100.617, down 0.662 points (0.654%) from the previous close of 101.279,

New York became the first state to impose a data center construction moratorium after Democratic Governor Kathy Hochul announced a one-year pause on Tuesday. The state-wide ban applies to facilities using 50 megawatts or more and will remain until New York establishes consistent standards for

An attacker exploited an exposed recovery phrase tied to a Robinhood co-founder's self-custody wallet to pump a memecoin called '$1' from a $500,000 market cap to $14 million in approximately two hours on July 13, according to Michael, Chief Business Officer of TokenPocket wallet. The mnemonic phras