Gate Crypto Flash News and Market Updates

According to Trump on May 8, negotiations with Iran are progressing well and an agreement could happen at any time, though he acknowledged it might not occur. Trump stated he believes Iran is more eager to reach a deal than he is. He also confirmed that a ceasefire agreement remains in effect despit

According to market data cited in reports, GameStop shares declined 2.98% today to $24.43 after CEO Ryan Cohen disclosed that eBay suspended his personal seller account two days following GameStop's $56 billion unsolicited takeover bid for the platform. The account was later restored. GameStop

According to its investor presentation, Block Inc recorded a $173 million bitcoin remeasurement loss in Q1 2026, contributing to a $309 million net loss attributable to common stockholders. The company's corporate bitcoin treasury and customer bitcoin holdings together stand at 28,355 BTC, valued at

According to CryptoQuant, Bitcoin must break above $88,880 to confirm a bottom, as on-chain data shows this level represents the cost basis of investors who held for 3 to 6 months. The cryptocurrency analytics firm noted that while Bitcoin is currently trading around $80,870, realized cost prices of

According to Jin10, the U.S. dollar index rose 0.05% to close at 98.063 on May 8 at the close of New York forex trading. The euro appreciated to 1.1751 per dollar, up from 1.1748 on the previous trading

According to PR Newswire, Bitwise announced on Thursday that it is taking over as investment manager of Superstate's $267 million tokenized Crypto Carry Fund (USCC). The fund, which generates yield through crypto cash-and-carry basis trades, will be renamed the Bitwise Crypto Carry Fund while

According to Fox News, the U.S. military struck Iran's Kharg and Bandar Abbas ports early on May 8, a senior U.S. official confirmed. The official clarified that the strikes do not represent a renewed war or termination of ceasefire agreements. The operation came two days after Iran launched 15 ball

According to Odaily, President Trump demanded on May 7 that the European Union reduce tariffs to zero before the U.S. 250th anniversary in 2026. Trump said he has given EU Commission President Ursula von der Leyen time to negotiate; otherwise, tariffs will be immediately and significantly

According to Anton Astafiev, chief technology officer at Near One, blockchain networks preparing for quantum computing threats must establish reliable ownership verification mechanisms, or risk a "wild west" scenario when stolen funds move onchain. Astafiev noted on Wednesday that the industry has f

According to Benchmark Equity Research, on Thursday the firm reiterated its buy rating and $27 price target on Bitdeer Technologies (BTDR), citing the stock's re-rating potential as it transitions into AI and

Kalshi reached a $22 billion valuation on Thursday after raising $1 billion in a Series F round led by Coatue, according to the company's statement. The round also included participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. The funding marks the p

According to Gate's market data, U.S. stock indices closed lower on Thursday. The Dow Jones Industrial Average fell 0.63%, the S&P 500 declined 0.38%, and the Nasdaq Composite dropped 0.13%. Arm (ARM.O) led decliners with a 10% drop, while Tesla (TSLA.O) gained 3%. Intel (INTC.O) and Micron Technolo

According to AMINA Bank's announcement on May 6, the Zug-headquartered bank became the first regulated banking institution to offer custody and trading services for Canton Coin, the native token of the Canton Network. Institutional clients can now hold and trade Canton Coin via AMINA's platform,

According to Bittrex's attorneys, the bankrupt cryptocurrency exchange filed a motion this week with a federal court in Seattle to vacate its 2023 settlement with the U.S. Securities and Exchange Commission and order the agency to return the $24 million in penalties paid. The exchange argues that th

According to Brave New Coin, on May 7, 2026, the Cardano Foundation launched its first Project Development Lab in Latin America through a partnership with the University of Brasília, focusing on blockchain, AI, IoT, and digital identity solutions for Brazil's public sector. ADA is trading at $0.2666

According to Kalshi traders, the probability of the United States and Iran reaching a nuclear agreement before 2027 is rising, the prediction platform data shows.

Mastercard and Yellow Card have partnered to expand stablecoin-powered payments across the EEMEA region, covering Eastern Europe, the Middle East, and Africa. Under the agreement, Yellow Card will integrate Mastercard's payment network to support faster, lower-cost stablecoin transactions for

According to BlockBeats, Tom Lee outlined three Ethereum price targets on May 8 at Consensus Miami 2026. If Bitcoin reaches $250,000 and the ETH/BTC ratio returns to 2021 highs, Ethereum would trade around $22,000. If the ETH/BTC ratio reaches 0.25, Ethereum could reach approximately $62,000.

According to ChainCatcher, a poll disclosed by crypto reporter Eleanor Terrett shows that 52% of U.S. voters support the CLARITY Act (Crypto Market Clarity Act), with only 11% opposed. The legislation has garnered support across Democrats, Republicans, and independents, reflecting broad demand for c