Gate Crypto Flash News and Market Updates

Circle announced it raised $222 million in a token presale for its new Layer 1 blockchain Arc, which focuses on corporate finance, reaching a $3 billion fully diluted valuation. The funding round was led by Andreessen Horowitz (a16z crypto) with a $75 million contribution, alongside investors

According to Deputy Prime Minister Novak, Russia will maintain its 2026 budget oil price forecast at $59 per barrel, then lower it to $50 per barrel for the 2027-2029 period.

According to Russian Deputy Prime Minister Novak, Russia expects inflation to reach 5.2% in 2026, with plans to return to the Central Bank's 4% target in 2027.

According to Deputy Prime Minister Novak, Russia cut its 2027 GDP growth forecast to 1.4% from 2.8%. The country expects growth to reach 2.4% by 2029, according to the official statement.

According to Russian Deputy Prime Minister Novak, Russia has cut its 2026 economic growth forecast to 0.4% from 1.3%. The significant downward revision reflects updated economic projections for the year

According to Gold 10 Data, Texas Attorney General Ken Paxton sued Netflix on Monday, May 12, accusing the company of tracking and collecting user data without consent, including from children. The lawsuit alleges Netflix designed its platform with addictive features such as autoplay to deceive

According to a statement from the EU Council on May 11, EU foreign ministers reached a political agreement to impose targeted sanctions on Israeli extremist settlers and entities supporting settlements in the West

On May 11, COMEX silver futures surged 7.54% to $86.96 per ounce, while spot silver climbed 7.15% to $86.08 per ounce during New York's close. COMEX gold futures rose 0.46% to $4,747.60 per ounce, with spot gold up 0.40% to $4,734.33 per ounce. COMEX copper futures gained 3.11% to $6.4925 per

According to ESMA and Hacken, as of May 11, 2026, EU crypto-asset service providers (CASPs) must achieve full Markets in Crypto-Assets Regulation (MiCA) authorization or cease operations by July 1, 2026, marking the end of the transitional grandfathering period. MiCA, which took full effect on

According to Golden Ten Data, Iran's Parliament Speaker Mohammad Baqer Qalibaf stated on May 12 that the United States has no choice but to accept the 14-point proposal outlining Iranian people's rights. "Any other approach will lead to complete failure, one defeat after another," Qalibaf said,

According to Press TV citing Hebrew-language Yedioth Ahronoth, Israeli aviation official Shmuel Zakay warned on May 12 that Ben Gurion Airport has become a 'U.S. military base,' disrupting civilian flights and threatening Israeli airline operations. Zakay told Israel's transport minister that milit

According to Bloomberg Intelligence, Roundhill Memory ETF (DRAM) surged 6.44% to $56.20 on Monday, crossing $6.5 billion in assets in just 36 trading days—the fastest exchange-traded fund ever to reach that milestone, surpassing Bitcoin ETFs that took 43 to 51 days. The rally was driven by strong de

According to on-chain pre-IPO trading data cited by market commentators, Anthropic's market-implied valuation has climbed to a record $1.4 trillion, rising approximately 40% in 24 days as private-market interest in the artificial intelligence company accelerates ahead of a possible public listing.

According to The Times, on May 12, UK Prime Minister Keir Starmer has been asked by Home Secretary Shabana Mahmood and other senior cabinet ministers to consider setting a timeline for his departure. At least three cabinet members believe Starmer needs to reconsider his position amid strong

According to the U.S. Coast Guard, an offshore oil platform near Santa Barbara County, California caught fire today (May 11), with 26 workers evacuated to safety. Two people sustained injuries in the incident. The Coast Guard, Santa Barbara Harbor Patrol, and local fire departments coordinated

On Monday (May 11), U.S. Brent Oil Fund led gains across major asset class ETFs, rising 3.6%. Fear gauge long ETF climbed 1.46%, agricultural commodities fund gained 1.29%, and Barclays U.S. Convertible Bond ETF increased 1.26%. Russell 2000 Index ETF, Nasdaq-100 ETF, S&P 500 ETF, gold ETF, and

According to The Wall Street Journal, the United Arab Emirates has conducted military strikes against Iran, with attacks including a strike on an oil refinery on Ras Lavan island, according to people familiar with the

According to the U.S. Department of Energy, the agency has made available 92.5 million barrels of crude oil from the Strategic Petroleum Reserve for borrowing. To date, 53.33 million barrels have been loaned out under this

According to The Times, UK Home Secretary Mahmoud and other senior cabinet ministers have informed Prime Minister Keir Starmer that they are considering setting a timeline for their departure from government.

U.S. stock indices closed higher on Monday, May 11. The Dow Jones Industrial Average rose 95.31 points, up 0.19%, to 49,704.47. The S&P 500 gained 13.90 points, up 0.19%, to 7,412.83. The Nasdaq Composite added 27.05 points, up 0.10%, to 26,274.13.