Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

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South Africa Ride-Hailing 80% Cash-Based, Bolt-Ipsos Report

More than 80% of ride-hailing transactions in South Africa are processed in cash, according to a Bolt gig economy report conducted in partnership with research firm Ipsos. The finding highlights a stark contrast with Nigeria, where over 85% of trips are settled through cashless channels,
CryptoFrontier·50m ago

S. Korea Considers Ownership Caps Alternative for Crypto Exchanges

Attorney Han Seo-hee proposed regulatory alternatives to ownership caps for digital asset exchanges on April 17 at the Korea Commercial Law Association Spring Academic Conference in Seoul, according to the source material. The presentation outlined a three-step approach: strengthened major
CryptoFrontier·3h ago

SpaceX Accelerates Stock Vesting Ahead of Potential IPO

SpaceX has moved employee stock award vesting from May to April ahead of a planned IPO, targeting a valuation above $2 trillion. The changes could impact employees’ tax liabilities and financial risk, as many hold substantial equity in the company.
CryptoFrontier·3h ago

The U.S. vetoes the Iran-war powers resolution, while the BTC price trades in a range near $75,000

On April 17, Bitcoin traded in a tight range near $75,500. The U.S. vetoed a war-powers resolution against Iran, while Israel and Lebanon reached a 10-day ceasefire—geopolitical signals moved in opposite directions. Institutional fund inflows coexisted with outflows on-chain; Bitcoin’s correlation with the Nasdaq briefly turned negative—leaving the market waiting for a breakout in either direction.
BTC2.57%
GateInstantTrends·3h ago
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XRPL Validators Vote on Vault-Based Lending System Upgrade

The XRP Ledger (XRPL) is approaching a pivotal moment as network validators vote on a set of upgrades that could transform it into a major hub for institutional liquidity, according to the proposal. The proposed protocols aim to turn the network into a lending system for loans, credit, and large
XRP3.51%
CryptoFrontier·4h ago

BDO Unibank's 'Key Man Clause' Protects Piki Lopez in P24.75B Loan Deal

First Gen Corporation disclosed on April 17 that BDO Unibank has included contractual provisions requiring the continued active involvement of CEO Federico "Piki" Lopez in First Philippine Holdings (FPH) as a condition for loan agreements supporting the company's acquisition of a 33% stake in
CryptoFrontier·4h ago

Soitec Stock Surges 270% on Photonics Demand Wave

Soitec SA has seen a dramatic stock rise of 270% this year, driven by excitement in the photonics sector for data centers. While analysts are optimistic about growth, concerns about the smartphone market's performance create a volatile investment environment.
CryptoFrontier·5h ago