Gate Cryptocurrency News and Market Analysis

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Zeekr to Launch 7X Electric SUV in South Korea in 2026

Zeekr, a Chinese electric vehicle brand under Geely Holding, plans to launch its 7X midsize electric SUV in South Korea in the second half of 2026, according to The Korea Times. The company is positioning the vehicle to compete in one of Asia's most competitive EV markets, reflecting a broader
CryptoFrontier·14m ago

Pi Network removes two non-compliant DApps; staked tokens will be returned to users

According to Coinfomania’s May 11 report, Pi Network has removed Kawanua VIPi from its browser ecosystem; previously, WorldBanksPi was also taken down last week. Neither removal was notified in advance. Based on confirmation from Pi’s core team, the staked Pi in Kawanua VIPi will be returned to users through the original channels after the staking period ends. Kawanua VIPi Take-Down Details According to Coinfomania’s report, before being removed, Kawanua VIPi had accumulated more than 21,000 sta
PI-1.51%
ELF1.22%
MarketWhisper·17m ago
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Robert Kiyosaki warns that the global economy will collapse in 2026, listing silver as the top preferred survival asset

In a warning posted on X on May 11, Robert Kiyosaki, the author of Rich Dad Poor Dad and a seasoned investor, said that the global economy will collapse in 2026 and named silver (XAG) as the preferred survival asset for now, setting a target price of $200 per ounce; as of the time of reporting, silver spot was trading at about $85 per ounce. Kiyosaki’s Core Arguments: U.S. Debt and Weakness in the Dollar According to Kiyosaki’s statement on X, his economic-collapse warning is built on the follow
ETH-0.57%
MarketWhisper·25m ago
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MARA Holdings posted a Q1 net loss of $1.3 billion, and its stock fell 3.44% after hours

According to MARA Holdings’ first-quarter earnings report released on May 12, the company’s quarterly revenue for the period ended March 31 fell 18% year over year to $174.6 million, below analysts’ expectation of $192.7 million; net loss was $1.3 billion. MARA stock traded down 3.44% after Monday’s close to $12.93, erasing the 3.48% gain during the regular trading session. Q1 2026 Key Core Financial Data Per MARA Holdings’ official earnings report, the main financial indicators for the first qu
BTC0.76%
MarketWhisper·40m ago
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Polymarket popular predictions:Will LeBron James retire before the next NBA season?

As the 2026 NBA playoffs rage on, a topic that sits above the action on the court has been drawing sustained attention in crypto prediction markets—whether 41-year-old LeBron James will bid farewell to professional basketball before next season. On Polymarket, the total amount wagered around this event has surpassed $45k, and the implied retirement probability currently shown by the market is about 20%. This figure not only reflects traders’ collective view of the endgame of a superstar’s career
USDC0.02%
BTC0.76%
GateInstantTrends·46m ago
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Democratic senator: does not support the CLARITY Act without a morals clause; the ethics clause dispute affects the 60-vote threshold

According to CoinTelegraph’s May 12 report, New York state Democratic senator Kirsten Gillibrand said that without moral provisions targeting potential conflicts of interest for elected officials, her Democratic colleagues would not vote in support of the bill in the Senate floor session. To pass, the CLARITY Act must receive at least 60 votes in the Senate floor session, and bipartisan support is crucial to the bill’s final passage. Legislative Background and Bill Progress According to CoinTele
MarketWhisper·51m ago
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GM Cuts 500-600 IT Jobs in Strategic Shift to Vehicle Software

General Motors is cutting approximately 500 to 600 salaried employees from its information technology unit, with notifications to affected workers beginning May 11, 2026, according to Bloomberg. The layoffs are part of an overhaul of GM's IT department aimed at reducing costs while adding staff with
CryptoFrontier·54m ago

BuzzFeed Sells 52% Stake to Byron Allen for $120M

BuzzFeed agreed to sell approximately 52% of its shares to Byron Allen's Allen Family Digital for US$120 million, according to Reuters. The deal is expected to close by the end of May and will make Allen the company's next CEO, while founder Jonah Peretti will become president of BuzzFeed AI. The t
CryptoFrontier·54m ago

Tom Lee: Ethereum supply is in a “deflationary” state; Bitmine intentionally slowed its accumulation

Bitmine chairman Tom Lee said on X on May 12 that over the past year, Ethereum supply has remained in a deflationary (contraction) state, and continued buying and staking by crypto treasury companies have further amplified this trend. According to Bitmine’s disclosure on May 11, the company added 26,659 ETH to its holdings last week, significantly lower than the previous three consecutive weeks’ pace of adding more than 100,000 ETH per week. Background of Bitmine’s Slower Accumulation and Its Ho
ETH-0.57%
MarketWhisper·1h ago
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Telegram founder: Acton replaces a scattered tool stack, boosting TON smart contract development speed by 10x

According to a post by Telegram founder Pavel Durov on X on May 12, TON Core has launched a unified smart contract toolchain called Acton, which went live on May 8. Durov said Acton increases TON smart contract development speed by 10x, replacing TON’s previously fragmented tool stack with a unified development workflow, and it also supports AI. Acton Toolchain Core Functions and Technical Architecture According to Durov’s announcement on X, Acton is an integrated command-line interface (CLI) to
TON-1.61%
BNB1.82%
MarketWhisper·1h ago
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The Most Expensive Phone in The World Costs $48.5 Million

According to TechCabal's 2026 edition review of luxury mobile devices, the most expensive phone in the world is the Falcon Supernova iPhone 6 Pink Diamond, valued at $48.5 million, featuring an emerald-cut pink diamond set on a chassis coated in 24-carat gold.
MarketWhisper·1h ago
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24 Finance Giants Push Deeper Into Crypto Across Regulated Markets

Major financial institutions are expanding crypto services across regulated finance, with Bitwise data showing 24 firms active in trading, custody, funds, payments, tokenization, or exchange-traded products. The activity points to wider use of regulated crypto access. Key Takeaways: Major fina
BTC0.76%
Coinpedia·1h ago
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Circle Q1 financial report: USDC in circulation reaches $77B, CRCL surges nearly 16%

According to a May 12 report by Yahoo Finance, stablecoin issuer Circle (ticker: CRCL) rose nearly 16% on Monday, trading at $131.76, posting its highest closing price since March 18. Earlier, Circle released its Q1 2026 financial report, with USDC in circulation reaching $77B, up 28% year over year. Q1 2026 Key Financial Data According to Circle’s official financial report, the company’s main financial indicators for Q1 2026 are as follows: USDC in circulation: $77B (up 28% year over year; seco
USDC0.02%
ARC-0.34%
MarketWhisper·1h ago
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Cathie Wood buys more on dips as tech stocks plunge, sells AMD worth $17.22 million

According to The Street on May 11, the daily trading records for Cathie Wood’s Ark Innovation ETF (ARKK) show that the largest single buy was 183,298 shares of Kratos Defense and Security Solutions; the largest single sell was 37,836 shares of AMD. May 11 Key Trading Records Based on the ARK ETF’s daily trading records released for May 11, 2026, the main buy transactions are as follows: Kratos Defense and Security Solutions (KTOS): 183,298 shares, amounting to $10,611,121, continuing last week’s
MarketWhisper·1h ago
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“Roaring Kitty” released a Pump.fun address after 16 months of silence, traders suspect the account was compromised

According to BeInCrypto, on May 11, Keith Gill’s verified X account “Roaring Kitty” has 1.6 million followers, woke up after 16 months of silence, and posted a Solana Pump.fun contract address and a short video. Because the post style was vastly different from Gill’s usual market commentary, there were widespread suspicions that the account had been compromised. Roaring Kitty’s X account returns: post details According to reports, posts on the Roaring Kitty X account pointed to a Solana meme coi
SOL1.51%
GME14.21%
RAY-1.1%
MarketWhisper·1h ago
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OCC approves Augustus Company to establish the first AI-native stablecoin settlement bank in the United States

According to a May 12 report by Bitcoin.com News, the U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to Augustus (Augustus), allowing the establishment of Augustus Bank, NA, making it the first AI-native stablecoin settlement bank in the U.S. to reach this stage of approval by the OCC. Founding Team Background and Existing Business According to an official Augustus announcement, the co-founder and CEO of Augustus Bank, NA is Ferdinand Dabitz, 25 years old a
GENIUS1.91%
MarketWhisper·1h ago
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Samsung Adopts Oracle Java SE Universal Subscription

Oracle announced on May 12 that Samsung Electronics will adopt its Java SE Universal Subscription across global software development, according to Chosun Daily. The move aims to standardize application development as Samsung expands engineering work and projects. Subscription Benefits The Java SE
CryptoFrontier·1h ago

The CLARITY Act enters Senate committee review this week, with 2.9 million advocates pressuring lawmakers to vote

According to Bitcoin.com News on May 11, the digital asset advocacy group Stand With Crypto (SWC) announced that it will conduct a record-based scoring of lawmakers regarding the U.S. Senate Banking Committee’s scheduled vote on HR3633, the “2025 Digital Asset Market Transparency Act” (the CLARITY Act), on May 14; SWC said it represents more than 2.9 million U.S. advocates. Stand With Crypto Advocacy Actions and Lawmaker Rating Program According to Bitcoin.com News, in a May 11, 2026 statement,
MarketWhisper·2h ago
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