Gate Crypto Flash News and Market Updates

According to Tether's AI research team, the company today launched QVAC MedPsy series medical language models designed for local deployment on smartphones and wearables without cloud dependency. The 1.7B-parameter version scored 62.62 on seven medical benchmarks, exceeding Google MedGemma-4B

According to market reports, GameStop CEO Ryan Cohen was banned from eBay this week over his promotion of the company's $56 billion unsolicited acquisition proposal for the platform. Cohen had previously listed collectibles related to the acquisition bid on eBay, with some items receiving bids

According to Beating, Anthropic's implicit valuation on Jupiter's Pre-IPO market has surged to $1.26 trillion, surpassing OpenAI for the first time. The valuation has risen 20% over the past 7 days and climbed 900% since October 2025. Polymarket prediction market data shows an 86% probability that A

According to BlockBeats, on May 7, the U.S. Department of Justice and CFTC launched an investigation into a series of suspicious oil market trades worth over $2.6 billion that occurred shortly before Trump's major announcements regarding Iran. Traders bet oil prices would fall, and prices

According to ChainCatcher, Bank of New York Mellon has increased its holdings of Strategy stock by 101,810 shares, valued at approximately $18.7 million. The bank's total position in Strategy now stands at 1 million shares, worth approximately $187.2 million.

According to the Based Foundation, BASED tokens from Season 3 will be automatically deposited to staking accounts. For users who signed the required terms during Genesis, tokens will be distributed on May 11, 2026. Users who have not yet signed must accept the terms by June 4, 2026, with token distr

According to John Bollinger, the legendary analyst and inventor of Bollinger Bands, his Bitcoin trend model turned positive yesterday (May 6), and he has allocated his entire Tactica crypto fund to Bitcoin with no cash reserves. Bitcoin surged above $82,000, marking a new high in several months,

According to BNY's official statement released Thursday, The Bank of New York Mellon has partnered with Finstreet and ADI Foundation to offer institutional-grade crypto custody services in the Abu Dhabi Global Market. The trio will initially support bitcoin and ether custody for Finstreet's

According to Gate data, WTI crude oil fell to $91 per barrel today, declining 6.28% intraday. Brent crude retreated below $95 per barrel, down 5.43% in the same period. Spot silver rose above $81 per ounce, marking its highest level since April 17, up 4.74% intraday.

According to Bloomberg, translation tool company DeepL announced today, May 7, that it will lay off approximately 25% of its workforce, about 250 employees, to adapt to structural changes driven by artificial intelligence. CEO Jarek Kutylowski said on LinkedIn the company will reduce management

According to Blind workplace community and company data, SK Hynix's estimated operating profit of 100–130 trillion won this year is driving per-employee bonuses of approximately 6 billion won ($430,000 USD) for its 3.45 million employees. Based on a 10% profit-sharing bonus structure, this exceeds S

According to Virtuals Protocol official announcement, the OpenGradient Titan Launch airdrop is now live as of May 7. Eligible users can claim OPG tokens directly from their Virtuals accounts. A total of 500,000 OPG tokens are being distributed today to reward contributors to the Virtuals

Gate News: According to the latest Gate TradFi data, USDCOP (US Dollar vs Colombia Peso) has dropped by 1% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Gate News message, according to a Gate official announcement dated May 7, 2025 Gate has officially launched localized fiat deposit channels for some CIS (Commonwealth of Independent States) countries. This move targets the region’s growing demand for purchasing crypto assets, aiming to enable users to buy mainstream crypto assets directly using local currencies and familiar payment methods, eliminating barriers to cross-border transactions. The platform supports mainstream local payment channels such as real-time bank transfers and debit/credit cards, effectively reducing the high fees and delays commonly associated with cross-border transfers. In addition, users can enjoy zero cross-border trading fees through local direct trading, and it also supports local languages and a fully localized experience. In the CIS region, the current daily crypto trading volume is about $650 million, with an active user base of several million.

According to financial media reports, Boston Federal Reserve President Neel Kashkari Collins stated she supports maintaining interest rates unchanged but wants to adjust the policy statement's wording to avoid language suggesting rate cuts. Collins noted that more officials want the Fed to send

According to its SEC filing on Wednesday, American Bitcoin (ABTC), the bitcoin mining firm co-founded by Eric Trump, reported an $81.8 million net loss in Q1 2026, compared with a $59.5 million loss in Q4 2025. Mining revenue fell to $62.1 million from $78.3 million previously, while a $117.2 millio

According to BlockBeats, a Chinese-owned crude oil tanker was attacked at the entrance of the Strait of Hormuz on May 4, with its deck catching fire. The vessel was identified as "CHINA OWNER&CREW" during the attack. On May 6, French

According to The Block, Bitwise CEO Hunter Horsley said at Consensus 2026 in Miami that the four-year crypto market cycle is dead. "The four-year cycle stipulates that you have three years of up markets and then a year of down markets. Last year was down, so it's over," Horsley said during an