Gate Crypto Flash News and Market Updates

According to the Wall Street Journal, last month President Trump complained to the acting Attorney General about media leaks following Iran-related events. The acting Attorney General promised to seek subpoenas for records of journalists reporting on national security

According to a May 11 Securities and Exchange Commission filing, Strategy purchased 535 Bitcoin for approximately $43 million between May 4 and May 10 at an average price of about $80,340 per BTC. The purchase raised the company's total holdings to 818,869 BTC, acquired for about $61.86 billion at a

JPMorgan Chase forecasts that crude oil will average $96 per barrel throughout 2026, with quarterly averages expected at $103 in Q2, $104 in Q3, and $98 in Q4.

At a panel discussion in New York, BlackRock CEO Larry Fink expressed optimism about investment opportunities in Venezuela, stating he is "quite optimistic" about the country's potential to return to its former prosperity. Fink noted that Venezuela's oil-rich resources and abundant solar and

According to an interview published in Italy's Corriere della Sera on May 11, Finnish President Alexander Stubb said Europe should directly contact Russia if U.S. policy on Ukraine does not align with European

According to Brazilian health authorities, on May 10, Brazil's central state of Minas Gerais reported one death from Hantavirus infection, marking the country's first fatality from the virus in 2026. The deceased was a 46-year-old man with a history of exposure to wild rodents in agricultural

According to the Ethereum Foundation announcement on Monday, Will Corcoran, Kev Wedderburn, and Fredrik were named new co-leads of the Protocol cluster. The reorganization comes as prominent developers Barnabé Monnot and Tim Beiko plan to depart the organization, while Alex Stokes goes on

According to Ukraine's Special Anti-Corruption Prosecutor's Office, on May 11, the agency and the National Anti-Corruption Bureau jointly uncovered an organized crime group suspected of money laundering. The group's members include Andriy Yermak, former chief of the presidential office.

Marathon Digital Holdings reported Monday after-hours that first-quarter 2026 revenue fell 18% year-over-year to $174.6 million, down from $213.9 million in Q1 2025, with net losses widening to $1.3 billion, primarily due to unrealized losses on its 38,689 BTC holdings. Despite the revenue

According to CleanSpark, the bitcoin miner reported a net loss of $378.3 million for its second fiscal quarter ended March 31, 2026, up 173% year-on-year from $138.8 million in the same period last year. The loss included $224.1 million tied to its bitcoin holdings. The company held $925.2 million

According to The Times, UK Prime Minister Starmer appointed six new private secretaries today to fill vacancies left by officials who publicly called for his resignation. Starmer's supporters said he remains committed to his position and will not resign.

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