Gate Cryptocurrency News and Market Analysis

The U.S. Senate unanimously passed S. Res. 708 on Thursday, barring senators from trading on prediction markets, effective immediately. The resolution, introduced by Sen. Bernie Moreno (R-Ohio), amends the Senate's standing rules governing member conduct and is intended to block insider trading, a g

On April 30, 2026, Meike Home (600337.SH) announced that the Urumqi Intermediate People's Court has filed and registered its pre-reorganization application and designated auxiliary institutions to manage the process. According to the company's filing notice, the court appointed Beijing Jindu

Cathie Wood's Ark Invest purchased over 500,000 shares of Robinhood on Wednesday, according to the report. The move comes as analysts believe a surge in April trading activity will outweigh a recent earnings disappointment for the trading

Goldman Sachs has raised its oil price forecast due to expected supply disruptions in the Middle East, according to a Bloomberg interview with Daan Struyven, the bank's co-head of global commodities research. Struyven stated that the bank does not anticipate an abrupt end to global oil supply disrup

Indonesian President Prabowo Subianto signed Presidential Regulation No. 27/2026 on May 1 to cap ride-hailing platforms' commission at 8%, raising drivers' minimum revenue share to 92% from the previous 80%. The regulation was announced at a Labor Day event at Jakarta's National Monument.

North Korean-state-backed hackers are responsible for a $285 million theft from Drift, according to security intelligence research. The same actors account for 76% of all crypto scam and hack losses in 2026 and have stolen $6 billion since 2017, the research firm stated. ## North Korean Hacker Acti

Coinbase and Superstate are partnering to launch the Coinbase Stablecoin Yield Fund (CUSHY), a stablecoin credit offering providing institutional investors with exposure to credit strategies within the stablecoin ecosystem through a structured fund vehicle. CUSHY will launch in the second quarter as

Bitcoin rejected key on-chain resistance near US$78,000–US$79,000 in late April after briefly approaching US$80,000, according to market analysis from Glassnode. The rejection left the market vulnerable to renewed downside pressure as short-term holders sold into the rebound. Price Action and

MARA Holdings is acquiring Long Ridge Energy in a $1.5 billion transaction to expand its AI and IT infrastructure capacity. The deal includes a 505 MW gas plant and 1,600 acres in Ohio, providing over 1 GW of power capacity for future AI and IT buildout. Transaction Details The acquisition

Bilateral trade in goods between the US and Gulf states rose broadly in January and February 2026 over the same period in 2025, nearly a year after President Donald Trump started imposing far-reaching tariffs against global partners, according to analysis published May 1, 2026. US imports and

Polymarket has enlisted blockchain data firm Chainalysis to help police insider trading and "all types of fraud and market manipulation" as the prediction market seeks to raise $400 million and gain approval to relaunch in the U.S., according to a statement from Thursday. The company stated that the

Digital lending platform Kissht raised 2.8 billion rupees (US$29.3 million) from 22 anchor investors at 171 rupees (US$1.8) per share before its IPO opened on April 30, according to an exchange filing reported by The Economic Times. IPO Structure and Valuation Anchor investors in the round

Australian software company Atlassian raised its full-year revenue growth forecast to 24% from 22% on April 30 after third-quarter sales exceeded analyst estimates, according to Reuters. The company reported Q3 revenue of US$1.79 billion versus the US$1.69 billion estimate, and its shares rose

Tyler and Cameron Winklevoss' crypto exchange Gemini now holds licenses enabling expansion into regulated derivatives and prediction markets, according to the announcement. These sectors represent the fastest-growing segments in crypto. Note: Source material provided contains limited detail. No

Polymarket Defense Trading Patterns Under Scrutiny New data indicates unusually high win rates in defense-related bets on Polymarket, according to reporting on the platform's trading activity. The finding builds on earlier research that identified concentrated trading influence on the platform.

## Retail Dominance in USDT0 Holdings UST0, the omni-chain token backed 1:1 by Tether's (USDT) stablecoin, published data indicating that small holders drive the majority of its activity. According to data shared with The Block, 99.2% of all USDT0 holders have wallets with less than $1,000, while a

Polymarket has enlisted blockchain data firm Chainalysis to help police insider trading and fraud on its platform as the prediction market seeks to raise $400 million at a $15 billion valuation and gain approval to relaunch in the U.S., according to a statement from Thursday. The