Gate Crypto Flash News and Market Updates

Morgan Stanley's global macro strategist Matt Hornbach expects the Consumer Price Index (CPI) report on Tuesday to show stronger-than-expected inflation data, marking the first of several inflation-related releases this week. The CPI, along with the Producer Price Index (PPI) and import price data,

On Monday (May 11), German 2-year government bond yields rose 4.7 basis points to 2.646% during European afternoon trading, trading between 2.609%-2.655% intraday. The 10-year yield gained 3.5bp to 3.040%, while the 30-year yield climbed 3.2bp to 3.575%. Across the eurozone, French 10-year yields ro

According to Axios, Trump met with his national security team on Monday to discuss next steps regarding Iran after negotiations stalled on Sunday. Three U.S. officials indicated the discussions may include consideration of resuming military

According to Catcher Predict, the "100-119" option for "How many tweets will Elon Musk post from May 5-12, 2026?" on prediction market Polymarket surged from 44.2% to 61% in the past hour, a swing of 16.8 percentage

According to BlockBeats, on May 12, Australia is considering reforming its capital gains tax (CGT) system by replacing the current 50% discount for long-held assets with inflation indexation, affecting crypto assets, stocks, and other investments. Under the current system, individuals pay tax on on

According to Iraqi media, Iran's Islamic Revolutionary Guard Corps Quds Force commander Kaani has traveled to Iraq and demanded that armed groups avoid establishing relations with the United States. He also set red lines for the Iraqi government regarding the delivery of weapons to armed groups.

According to BlockBeats, Frax Finance announced on May 12 that Tangent project deposits will launch on May 18, with frxUSD set as the default stablecoin alongside USDC support. Users can participate by providing USDC or frxUSD liquidity, earning yields and TAN token allocations while locking

According to BlockBeats, Anchorage Digital, the U.S. federal-chartered crypto bank, on May 12 reduced its leading role in the Global Dollar (USDG) stablecoin alliance, shifting toward a more neutral strategy. CEO Nathan McCauley stated the company will adopt a higher degree of neutrality in stableco

According to President Zelenskyy, Ukraine is currently cooperating with 20 countries at various levels on drone trade. The country has reached political agreements with some of these nations and will sign manufacturing contracts, with military expertise now beginning to yield

According to BlockBeats, stablecoin startup Boundary Labs announced on May 12 that it is preparing to launch USBD, an institutional-grade stablecoin, and has completed $2 million in seed-stage funding. The round was led by Galaxy Digital's Galaxy Ventures, with participation from First Block

LME copper futures rose 2.6% today, reaching $13,930 per ton on its sixth consecutive trading day of gains, approaching the January 29 high of $14,527. LME tin surged 3.5% to $54,970, marking its highest level since March 2, while aluminum gained 2.1% to $3,576.

According to Odaily, Ondo Global Markets has surpassed $1 billion in total value locked (TVL), becoming the first tokenized stock and ETF trading platform to reach this scale. The platform achieved the milestone in less than 8 months, with TVL doubling since January 2026 and accumulating

According to CNBC, Microsoft CEO Satya Nadella testified in federal court in Oakland, California on Monday, May 12 in Musk's ongoing lawsuit against OpenAI and CEO Sam Altman. Microsoft is also named as a defendant in the case. Musk alleges that Microsoft "aided and abetted" OpenAI in breaching

According to BlockBeats, on May 12, U.S. President Trump said he is seriously considering making Venezuela the 51st state of the United States.

According to Tasnim News Agency, a source close to Iran's negotiation team stated that Iran has set a specific deadline for unfreezing its frozen assets in its latest proposal. While the U.S. proposal also includes provisions for unfreezing Iranian funds, Iran has emphasized that these assets must

According to Bloomberg, Anthropic has signed a $1.8 billion cloud infrastructure contract with Akamai during the company's first-quarter 2026 earnings call. The seven-year agreement marks Akamai's largest customer deal in company history, as confirmed by CEO Frank Thomson Leighton, who described the

According to ChainCatcher, St. Jude Children's Research Hospital has liquidated its ASTEROID token holdings over the past two days, receiving over 290 ETH worth approximately $676,000. Marc, the hospital's crypto donations lead, stated the institution received a donation of 0.5% of ASTEROID's

On Monday, May 11, UK government bond yields rose across the curve during European afternoon trading. The 10-year gilt yield increased 8.6 basis points to 4.998%, while the 2-year yield climbed 8.0 basis points to 4.464%. The 30-year yield advanced 9.3 basis points to 5.673%, and the 50-year yield g

Payments startup Augustus has received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish a national bank focused on AI and stablecoin-based payments. The approval allows Augustus to expand from its existing European banking operations into the U.S.

Gate News: According to the latest Gate TradFi data, COCOA (Cocoa) has surged by 12% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.