Gate Crypto Flash News and Market Updates

As of publication, Arbitrum governance is voting on a proposal to release 30,765 ETH (approximately $71 million) that was frozen by the Arbitrum Security Council on April 21 following the Kelp DAO exploit. The proposal, co-authored by Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound, has

According to BlockBeats, on May 2, Bitcoin rebounded above $78,000 as overall market risk appetite improved, yet derivatives market prices the probability of breaking above $84,000 by end of May at just 25%. Bitcoin call options expiring May 29 with a $84,000 strike price trade at 0.0136 BTC, approx

According to the Wall Street Journal, President Trump notified Congress on Friday that hostile operations against Iran concluded on April 7, allowing the White House to circumvent congressional authorization. Under the 1973 War Powers Act, the president can deploy military forces overseas for 60 day

According to Odaily, U.S. President Trump said Friday that the American naval blockade of Iranian ports during the U.S.-Israel conflict with Iran is "like piracy." Describing a recent seizure of a vessel, Trump stated: "We took over that ship, took over the cargo, took over the oil. It's a very lucr

TOMO dropped 52.21% to $1.381479 within 30 minutes, with trading volume at $0. The token hit a high of $2.890733 and a low of $1.381188 in the last 24 hours, with a market capitalization of approximately $1.32

According to JPMorgan analysts led by managing director Nikolaos Panigirtzoglou, stablecoin usage is growing rapidly, but this may not lead to proportional growth in total market capitalization over the past year. The key reason is rising velocity—how often the same stablecoin is used in

According to ChainCatcher citing Gate data, the S&P 500 index rose 0.9% this week, the Dow Jones index gained 0.5%, and the Nasdaq index climbed 1.1%. The S&P 500 and Nasdaq have now risen for six consecutive weeks, marking their longest winning streak since

On May 1, the Nasdaq Composite and S&P 500 reached new highs for the second consecutive day. The Nasdaq Composite rose 0.89% to close at 25,114.44 points, while the S&P 500 gained 0.29% to 7,230.12 points. The Dow Jones Industrial Average declined 0.31% to 49,499.27 points. Crude oil prices fell sha

According to The Block, Andreessen Horowitz submitted an 18-page comment letter to the Commodity Futures Trading Commission on Friday, supporting federal oversight of prediction markets and opposing state-level crackdowns. A16z argued that cease-and-desist letters and proposed bans from state regula

Marex has completed its acquisition of Geneva-based fixed income market maker Valcourt, a deal first announced in October 2025. The transaction adds approximately 700 clients to Marex's platform, including banks, asset managers, and independent wealth managers, with significant concentration in

On May 1, the U.S. Dollar Index, which measures the dollar against six major currencies, rose 0.11% and closed at 98.157 in New York forex trading. The euro weakened to 1.1731 against the dollar from 1.1729, while the pound strengthened to 1.3589 from 1.3583. The dollar gained against the yen, tradi

AI agent Manfred has formed its own company and obtained a crypto wallet and business credentials, though it will not begin trading cryptocurrency until the end of May. The agent is now equipped to hire staff, make payments, and conduct business

According to Coinglass data as of May 1, if Bitcoin falls below $74,650, cumulative long liquidations across mainstream centralized exchanges could reach $2.284 billion. Conversely, if BTC breaks above $81,948, cumulative short liquidations would total $1.248 billion.

According to an attestation prepared by independent accounting firm BDO, Tether posted $1.04 billion in net profit for Q1 2026, with excess reserves reaching a record $8.23 billion as of March 31. The firm's reserves remain concentrated in short-duration, high-quality liquid instruments, including a

According to Paradigm, researcher Dan Robinson recently proposed Provable Address-Control Timestamps (PACTs), a model designed to protect dormant bitcoins, including those associated with Satoshi Nakamoto, from quantum computing threats. The system allows bitcoin holders to prove wallet ownership an

According to Santiment, Dogecoin (DOGE) whale activity reached a six-month high in the last 24 hours. The platform recorded 739 transactions exceeding $100,000, while 149 wallets holding over 100 million DOGE collectively possessed 108.5 billion DOGE, worth approximately $11.6 billion, marking an al