Gate Cryptocurrency News and Market Analysis

South Carolina has signed a new pro-crypto bill that blocks the use of central bank digital currencies (CBDCs) at the state level while expanding legal protections for Bitcoin mining and self-custody rights. The legislation prohibits state agencies from participating in or supporting the

Tether International has acquired SoftBank's stake in Twenty One Capital, tightening its control over one of the largest public Bitcoin treasury companies and removing a major early-stage backer from the board. SoftBank's representatives stepped down from Twenty One's board of directors after the tr

Opening Alibaba Cloud announced a comprehensive upgrade to its full-stack technology system on May 20, 2026, at the Alibaba Cloud Summit, positioning itself for the Agentic AI era. The company introduced new products including the Qwen Cloud product website, the Pangu M890 self-developed AI chip i

AllUnity, a regulated European stablecoin issuer and licensed e-money institute backed by DWS, Flow Traders, and Galaxy, announced its plan to issue SEKAU, a stablecoin pegged 1:1 to the Swedish krona, on Wednesday. The token will be issued under the European Union's Markets in Crypto-Assets

An independent assessment published Tuesday by METR, an AI evaluation nonprofit, found that artificial intelligence agents deployed at Anthropic, Google, Meta, and OpenAI can potentially initiate unauthorized, self-directed operations known as "rogue deployments." The report, which examined AI agent

Traders have largely abandoned expectations for Federal Reserve rate cuts in 2026, with CME Fedwatch data showing 95% to 98% odds of no change at any of the upcoming meetings, and prediction market bettors backing that view for June with tens of millions of dollars. Key Takeaways: Markets

Opening iProov has launched Verified Meetings, a biometric identity verification system designed to authenticate participants during enterprise video calls as organizations face rapidly growing risks from AI-generated deepfakes and synthetic identities. The system integrates directly into video

The Federal Reserve's hawkish policy shift is reshaping global financial markets, with the US Dollar surging to fresh six-week highs as investors abandon hopes for near-term rate cuts. Minutes from the April FOMC meeting revealed a deeply fractured policy committee, with a core group of

Opening Paragraph Duan Yongping's H&H International Investment disclosed its Q1 2026 US stock holdings via a 13F filing with the SEC as of March 31. The portfolio's total market value reached $200.04 billion, representing a 14.4% increase from $174.89 billion at the end of 2025, with holdings expanding from 14 to 19 positions. The rebalancing reflects significant portfolio activity: eight new stock positions were initiated, seven existing positions were increased, three positions were liquidated

Hesai Technology (NASDAQ: HSAI; HKEX: 2525) reported Q1 2026 financial results on May 19 that signal sustained profitability and market expansion. The lidar leader achieved 681 million yuan in quarterly revenue, a 29.6% year-over-year increase marking its eighth consecutive quarter of growth, and po

Institutional selling pressure remained firmly in control on Tuesday as bitcoin ETFs posted another major wave of outflows, while ether funds extended their losing streak to seven consecutive sessions. In contrast, solana and XRP ETFs continued to attract modest but steady inflows, reinforcing a

LayerZero Labs has released its incident report on the KelpDAO bridge attack, saying about $292 million in rsETH was stolen after attackers poisoned RPC infrastructure used by its verification network and forcing policy changes around single-signer configurations. Summary LayerZero said KelpDAO