Gate Cryptocurrency News and Market Analysis

MoneyGram launched MGUSD, a U.S. dollar-backed stablecoin on the Stellar blockchain, enabling users to hold and transfer digital dollars through the MoneyGram app. The company introduced the token to eliminate delays in traditional banking systems and improve access to cross-border transfers. MoneyG

Intel CEO 陈立武 stated on June 2nd at the Taipei computer show that CPU demand is increasingly high while supply remains constrained, with many company CEOs calling him over the past four weeks to request more CPUs. He attributed the surge to the rise of AI agents, which require new architectures

OpenAI announced on June 02, 2026 that its frontier models and Codex are now generally available on Amazon Web Services (AWS), enabling millions of AWS customers to integrate OpenAI technology directly into their existing cloud environments. The integration aims to streamline enterprise access to

SpaceX submitted an amended Form S-1/A registration statement to the U.S. Securities and Exchange Commission ahead of its planned initial public offering on June 12, 2026. The company is preparing for a Nasdaq listing under the ticker SPCX. The amended filing shows SpaceX adjusted its target

Kalshi has filed with the Commodity Futures Trading Commission (CFTC) to self-certify perpetual futures contracts tied to XRP, Solana, Dogecoin and several other cryptocurrencies. The filing comes days after the CFTC approved Kalshi's Bitcoin perpetual futures product, signaling growing momentum

IBM experienced a meme stock-style rally as mentions of the stock on Reddit's Wall Street Bets surged and call options purchases soared, with one trader posting a $60,000 margin bet on Monday. The rally coincided with wide circulation of months-old video showing President Trump praising IBM's CEO an

AI model company Anthropic announced on local time June 1 that it has filed a confidential initial public offering (IPO) application with the U.S. Securities and Exchange Commission (SEC), planning to pursue a public listing. The company is expected to become one of three technology giants valued at

Solana has recorded eight consecutive red monthly candles for the first time in its history and is now forming its ninth monthly candle, according to analyst Crypto Patel. SOL fell from a high near $253 to a low near $67 during the latest decline. Crypto Patel identified the $80 to $50 range as a

SK Hynix plans to double its wafer production capacity within five years, SK Group chairman Chey Tae-won disclosed to media on 6月2日 at Computex Taipei. The capacity expansion responds to sustained AI-driven demand for memory chips. Chey had warned in 3月 that global wafer shortages may persist

Dogecoin bounced from the 0.618 Fibonacci fan level on the monthly chart and posted a second monthly close above that support, according to analyst Surf on X. Separately, analyst Ali Charts identified a TD Sequential buy signal on the daily chart, with DOGE holding above $0.096 support. The

Bitcoin is retesting its weekly Hull Moving Average near $70,188 after a recent breakout attempt, according to analyst Super฿ro. The retest follows a pattern observed in previous Bitcoin cycles from 2014, 2018, and 2022, when BTC broke above the Hull Moving Average and later retested the same

Ethereum fell to relative lows against the Invesco QQQ Trust not seen since January 2021, according to a chart shared by analyst Heisenberg on X. The ETHUSD to QQQ ratio dropped toward 2.66, marking fresh lows after reaching above 13 during the 2021 cycle. Separately, analyst TraderJB reported

Forward Industries Chairman Kyle Samani said Web3 is dead, drawing criticism from several members of the crypto community. For him, only DeFi and DePIN are blockchain applications truly standing out. Web3 is dead. It’s the ongoing FUD (Fear, Uncertainty, Doubt) thrown around by pundits as

$1.26B IBIT block trade sparked speculation about a large institutional Bitcoin exit. NYDIG ruled out basis trade, citing weak futures activity during the transaction. Bitcoin ETF outflows persisted, signaling broader market weakness and shifting investor sentiment. A sudden

Fundstrat's Tom Lee predicts 2027 and 2028 could deliver some of the biggest stock market gains in a lifetime, citing US economic growth potentially reaching 4% and America's position as an exporter of AI products. In a CNBC interview, Lee acknowledged stocks could face challenges between now and

The Mt. Gox rehabilitation estate moved 10,422 BTC, worth approximately $739 million, from cold storage to multiple unmarked wallet addresses on June 2, according to on-chain monitoring tools. The transfer represents the first major on-chain activity from the defunct exchange's estate since