Gate Cryptocurrency News and Market Analysis

Spot bitcoin (BTC) exchange-traded funds in the U.S. reported their fifth consecutive day of net inflows on Wednesday, bringing combined inflows to nearly $1.7 billion, according to SoSoValue data. Daily Inflow Breakdown Bitcoin ETFs recorded a net inflow of $46.3 million on Wednesday. Net

Global stablecoin total market cap surpasses $320B, with USDT and USDC leading nearly 85% of the market. This article analyzes the on-chain distribution and new competition for enterprise stablecoins in cross-border payments and the RWA sector.

Genesis AI launched GENE-26.5 on May 6, a full-stack robotics platform designed to improve robot manipulation using data from a proprietary hand glove, simulation, and human videos, according to the company. The startup has raised US$105 million from investors including Eclipse and Khosla Ventures a

TrustedVolumes, a liquidity provider and market maker for decentralized exchange aggregator 1inch, is suffering an ongoing attack that has drained around $5.87 million, according to blockchain security firm Blockaid. The exploit was flagged in a Wednesday post on social media platform X and

Analysts remain broadly optimistic about Grab following its first-quarter 2026 results, despite emerging regulatory headwinds in Indonesia. The company reported a 466.7% jump in earnings to US$136 million in Q1 2026 from US$24 million in Q1 2025, with brokerage firms presenting mixed outlooks on

Senator Cynthia Lummis warned on May 6, 2026, that delays in the Digital Asset Market Clarity Act could push crypto companies, developers, and capital out of the United States entirely. According to Lummis, "Every day we delay the Clarity Act is a day American companies consider building their

Faisal Shamsee, co-head of Goldman Sachs Singapore and senior engineering executive, is leaving the bank after more than two decades, according to Bloomberg. His departure marks a significant change in the firm's Singapore engineering operations. Shamsee joined Goldman Sachs in 2002 after

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

Apple announced on May 7 that it will invest an initial 1 billion rupees (US$10.5 million) with Indian renewable energy developer CleanMax to build more than 150 megawatts of new renewable energy capacity in India, according to The Economic Times. Apple's CleanMax Partnership The iPhone maker

The possibility of alien disclosure has risen, with Polymarket traders estimating a 20% chance for alien life to be confirmed by the U.S. government this year. Recently, reports of meetings between church pastors and intelligence officers have surged, allegedly to prepare for an upcoming reveal

On May 7, Toncoin (TON) surged more than 24% within 24 hours, hitting $2.20 and reaching a new high since last November. On Monday, Telegram founder Pavel Durov announced on X that Telegram has become the largest verification node on the TON network, while also stating that transaction fees were reduced by 6 times to 0.00039 TON.

SHIB tests $0.0000630 resistance while CRT range compresses price action tightly. 24,000 new wallets join SHIB as whale holdings remain steady. Derivatives show rising volume, liquidations, and pressure near key breakout level. Shiba Inu is showing renewed energy as price action

Local media, citing court documents, reported that Kenya’s Criminal Investigations Department (DCI) Capital Markets Fraud Investigations Unit arrested suspect Dickson Ndege Nyakango at the I&M Bank branch on Kenyatta Avenue on May 4. DCI detectives told the court that the alleged fraud platform had scammed about $440k from multiple investors. The court ordered Nyakango be remanded in custody at the Kilemani Police Station for seven days.

Decrypt reported on May 7 that Google Chrome, without obtaining user consent, silently downloaded about 4GB of the Gemini Nano AI model to eligible devices. Privacy researcher Alexander Hanff discovered this behavior during an automated audit of new user profiles, saying it may violate the EU ePrivacy Directive.

According to an official press release issued by Bank of New York (BNY) on May 7, the global largest custodian bank, which manages about $59 trillion in assets, announced that it will partner with local partners Finstreet and the ADI Foundation to set up a regulated digital asset infrastructure at the Abu Dhabi Global Market (ADGM), initially focusing on institutional custody services for Bitcoin (BTC) and Ethereum (ETH).

Japan’s Nikkei 225 index first broke above the 62,000-point mark on Thursday, rising 5% on the day and becoming the most notable gainer among major Asian indices this week. IBIDEN, an electronics manufacturer, led the full-day gains with a 22.43% jump, Mitsui Metal rose 17.05%, and SoftBank climbed 16.45%. Single-day gains across the technology, materials, and electronics sectors were generally in the double digits.

According to a technical article published on May 6 by Near One CTO Anton Astafiev on the official NEAR technical blog, and an official announcement from the NEAR Protocol on X on the same day, the Near One team is adding its first post-quantum cryptographic signature scheme to the NEAR network. According to the announcement, the proposed scheme is FIPS-204.

According to a screenshot posted by GameStop CEO Ryan Cohen on May 7 on social media, Cohen’s eBay personal account’s bid to GameStop to acquire eBay for $125 per share, totaling about $56 billion, was permanently suspended just two days after it was submitted. An eBay notice stated the reason was that “some user activity is posing a risk to the eBay community.”

The International Monetary Fund (IMF) released its latest Sub-Saharan Africa Regional Economic Outlook report on May 6 in Kigali, Rwanda, according to CCTV News. The report revised down the 2026 economic growth forecast for Sub-Saharan Africa to 4.3%, a reduction of 0.3 percentage points from the