Gate Crypto Flash News and Market Updates

On May 7 at 3:30 p.m., South Korea's ruling Democratic Party (People Power Party) will hold an emergency review forum on digital asset taxation at the National Assembly in Seoul. The forum, titled "Digital Asset Taxation: Emergency Review Dialogue," will be sponsored by the Digital Asset Exchange

Citigroup warned that Samsung Electronics faces near-term earnings pressure as labor tensions escalate, with a possible strike from May 21 to June 7 and higher bonus costs weighing on profit. An analyst cut the target price to 300,000 won (US$200) from 320,000 won (US$220), citing concern that Samsu

According to sources cited by Odaily, Federal Reserve Chair Jerome Powell plans to remain as a board member after stepping down from his position in May 2026. The decision, described as historically uncommon, is aimed at maintaining monetary policy continuity and ensuring the Fed's institutional

According to WSJ, Anthropic is finalizing a deal to launch a joint venture with BlackRock, Goldman Sachs, and other Wall Street firms on Monday, aimed at selling artificial intelligence tools to private equity-backed companies. The venture is expected to serve as Anthropic's consulting arm,

According to HyperInsight monitoring on May 4, Huang Li-cheng's address (known as "Maji") accumulated unrealized gains exceeding $2.08 million across long positions. Ethereum long positions generated $950,000 in unrealized gains with 14,700 ETH held. Historical losses narrowed to $26.55 million, per

According to Odaily, South Korea's central bank deputy governor Ryoo Sangdai said it is time to consider raising interest rates. Ryoo, a member of the monetary policy committee, cited stronger-than-expected economic resilience following Middle East tensions and rising inflation pressures. The centra

Gate News message, Machi (@machibigbrother) has returned to profitability, generating $1.27 million in gains over the past 24 hours during the market rally. Machi's current holdings include 13,175 ETH valued at $31 million, 360 BTC worth $28.33 million, and 75,000 HYPE tokens valued at $3.13 millio

According to Wasabi Protocol, users can now safely interact with the protocol's smart contract to withdraw remaining funds. The team said it is continuing to investigate the security incident and will share further updates with the community as soon as conditions

According to Lookonchain, a newly created address opened a 3x long position on TST with a current holding value of $2.05 million on May 4. The address simultaneously set limit orders to purchase $540,000 worth of TST spot at prices between $0.0126

Gate News message, as the market is going up, the whale "pension-usdt.eth" holding $BTC and $ETH 3x short position now has a floating loss of over $16M.

According to ChainCatcher citing Coinglass data, Hyperliquid whales currently hold $3.978 billion in positions as of May 4, with a long-to-short ratio of 1.01. Long positions account for 50.16% of holdings at $1.996 billion, while short positions represent 49.84% at $1.983 billion. A major whale

According to chain analyst Ai Yi, a whale holding 80,000 ETH in long positions has unrealized gains of $5.89 million as of May 4. The two addresses combined hold $186 million in ETH at an average entry price of $2,265, with positions opened on

Gate News bot message, Gate market data shows that BTC has broken through 80,000 USDT, and the current price is 80,000 USDT.

According to Banco Central do Brasil (BCB), on April 30 the central bank published Resolution BCB No. 561, barring virtual assets from settlement in the country's regulated eFX framework for cross-border digital payments. The rule requires eFX providers to use traditional foreign exchange operations

According to a CoinDesk poll of 1,000 U.S. registered voters, only 1% list cryptocurrency as the top issue for the 2026 midterm elections, ranking near the bottom of all concerns. By contrast, cost of living (36%), employment and economy (13%), and Social Security and Medicare (11%) remain voters' p

According to The Information, citing internal Tencent memos and sources, Tencent employees used Anthropic's Claude Code during the post-training phase of Hy3, the company's latest large language model, despite Anthropic's explicit ban on commercial services to Chinese firms citing national

According to on-chain detective ZachXBT, PolyArb is a fraudulent prediction market product with wallet-draining code embedded on its website. The project's account has also engaged in controversial replies under posts from established prediction market platforms to drive traffic and attract users, a

Gate News bot message, Gate market data shows that GT has risen 3.07% over the past 24 hours, with a current price of 7.38 USDT.

Gate News: According to the latest Gate TradFi data, MINIMAX (MINIMAX-W 00100.HK) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market