Gate Insights and Crypto Market Analysis

Pi Network released an April progress update on May 13, showing that the entire network has more than 18.1 million fully verified users and has completed more than 16.72 million mainnet migrations. In April alone, it completed over 100k KYC approvals and 30k mainnet migrations. However, multiple pioneers left comments under the announcement, saying their application has been stuck in the “pending KYC” status for a long time after preliminary approval, without receiving final approval. Pi Network

Fidelity Investments stated on X on May 14, praising the Senate Banking Committee’s push for the CLARITY Act, saying it provides a “balanced regulatory approach.” If passed, it would give legal clarity to the digital assets market, benefit U.S. investors, and help maintain the United States’ leading position in the global digital assets space. CLARITY Act Legislative Timeline: Confirmed Key Dates and Milestones July 2025: Passed in the House of Representatives with 294 votes in favor and 134 aga

According to data compiled by Nikkei cited by Bitcoin.com News on May 14, in March, the settlement value of China’s Cross-Border Interbank Payment System (CIPS) reached about $214 billion (1.46 trillion Yuan), up 50% from the previous month and triple versus the same period in 2021. The data reflects that Iran and Russia have largely exited the US dollar settlement system. CIPS System March Data: Confirmed Figures Based on the Nikkei report cited by Bitcoin.com News, confirmed figures are as fol

Reuters published an exclusive report on May 14, citing statements from three Iraqi security and military officials, one Western official, and two people familiar with the matter. The report says Saudi fighter jets bombed militia targets in Iraq associated with Iran near the northern border of Saudi Arabia; Kuwait also reportedly carried out retaliatory strikes against Iraqi militia positions. Known details of the Saudi airstrikes: statements from sources According to Reuters, statements from th

As of May 14, 2026, according to Gate market data, SOL is trading at $91, down 4.3% over the past 24 hours. In the same time window, the cumulative trading volume on Polymarket—the prediction market event “What price will SOL reach in 2026?”—has already exceeded $715k, making it one of the hottest prediction events in the current crypto space. The pricing divergence from $20 to $600 is not just a game of odds—it reflects the market’s core disagreement over expectations for Solana’s fundamentals,

Bloomberg, citing people familiar with the matter on May 14, reported that French AI startup Mistral AI is developing an autonomous in-house cybersecurity AI model. The company has already held discussions with European banking institutions to offer alternative options for financial institutions that cannot access Anthropic PBC’s Mythos. Mistral worked with bank customers to use AI to identify security vulnerabilities before Mythos was released. Current status of confirmed access restrictions fo

KelpDAO announced on X on May 14 that, in line with the coordinated restart plan agreed with Aave, the first batch of rsETH has been transferred by Aave to the LayerZero OFT adapter, and the rsETH cross-chain bridge connectivity has been officially restored. Users can now freely move rsETH bidirectionally between the mainnet and L2. Officially confirmed restoration schedule: bridging, withdrawals, deposits, and full replenishment KelpDAO’s official statement on May 14 confirmed the specific reco

According to Protos, reported on May 14, Forward Industries (FWDI), the world’s largest publicly listed Solana treasury company, based on its quarterly 10-Q reports through December 31, 2025, holds about 6.97 million SOL. Due to SOL’s self-custody average buy-in price of $232 falling to the current level of about $91, it has accumulated an unrealized loss of $955 million. Holdings and quarterly financial data: 10-Q confirms the figures Based on the confirmed figures in Forward Industries’ quarte

The New York State Common Retirement Fund, the Texas Teachers Retirement System, the Ohio Retirement Pension, the California Public Employees’ Retirement System (CalPERS), and the Louisiana Retirement Plan have all disclosed in recent official reports that they indirectly gain Bitcoin exposure by holding shares of Strategy (formerly MicroStrategy). U.S. regulators have allowed Bitcoin to be directly allocated in 401(k) and IRA accounts, officially making it a retirement savings option. Confirmed

According to The Block on May 14, last week’s data on major blockchain transaction fee distribution showed that Hyperliquid ranked first with a 43% fee market share, with weekly revenue of about $11 million; Ethereum ranked second with a market share of about 13% and revenue of about $3 million; Solana accounted for about 10% with revenue of about $2 million. Verified fee confirmation data for major blockchains last week The Block reported and confirmed last week’s fee data for each chain: Hyper

Moody's Ratings assigned the highest grade, AAA-mf, to Fidelity USD Digital Liquidity Fund (FILQ), according to TheBlock's report on the 13th (local time). The fund, which launched on the 6th, combines tokenized cash accessibility with money market fund returns to help institutions improve cash

ARK Invest Valente warns: If the underlying equity of tokenized stocks, transfer restrictions, and investor rights are unclear, they will become multi-layer wrapped speculative assets. On 5/12, OpenAI announced that four types of direct or indirect equity transfers are invalid and will actively enforce transfer restrictions. The compliant path is Bullish acquiring Equiniti and Securitize for on-chain; other forms wrapped via SPVs are still appearing. Risks are divided into three layers: invalid underlying equity, securities law compliance risk, and the risk of transaction rescission and claims.

Bitcoin (BTC) continues a weak downtrend, temporarily around $79,630 on May 14. TAC’s cross-chain layer TON side was attacked by an external attacker, with losses of about $2.8 million. Polymarket’s predicted market monthly trading volume in April fell by about 8.9%, the first decline since August 2025. Macro Events & Crypto Hotspots 1、TON network expansion project TAC disclosed on the X platform that the TON side of TAC’s cross-chain layer was attacked by an external attacker, resulting in loss

According to BeInCrypto’s report on May 14, X (formerly Twitter) user cprkrn posted on Wednesday claiming that, with Anthropic’s Claude AI, they successfully recovered a Bitcoin wallet that had been locked for over 11 years, releasing 5 BTC, worth approximately $400k in current value based on that day’s price of $79,622. Technical workflow: Confirmation steps for Claude to locate the wallet and fix the btcrecover logic The screenshot of Claude’s full technical operations posted by cprkrn on X sh

Fidelity International’s Fidelity Dollar Digital Liquidity Fund (FILQ) received Moody’s top AAA-mf rating on May 14, making it Fidelity International’s first tokenized fund. FILQ is modeled on Fidelity’s existing low-volatility net asset value (LVNAV) fund, which has assets of nearly $7 billion and is also rated Aaa-mf, uses the same investment strategy, and enables 24/7 access. FILQ Technical Specifications: Sygnum Desygnate Platform, Chainlink NAV Oracle, Ethereum ERC-20 Based on Sygnum’s offi

Bitcoin fell below $80,000 on May 14, trading at around $79,560. On Wednesday, the U.S. Senate confirmed Kevin Warsh as the next FED chair with a vote of 54 to 45, which is the final confirmation procedure following the transition from Powell. According to the CME FedWatch tool, the market is currently pricing a 30% probability of a FED rate hike in December, and the chance of a rate cut within the year has been ruled out. Confirmation procedure: two-step vote dates and Powell’s departure arrang

CME Group and Silicon Data plan to launch the first global cash-settled futures contract anchored to GPU computing power rental rates in 2026, according to a CITIC Securities research report. The product marks a potential milestone in the financialization of computing power as a critical asset

Corpay is partnering with BVNK to integrate stablecoin wallets and settlement services into its global payments platform. The move reflects growing demand for faster, always-on cross-border payment infrastructure. Key Takeaways: Corpay partners with BVNK to add stablecoin wallets and 24/7 sett

A former Canadian police officer has claimed that excessive use of ChatGPT—up to 16 hours per day—caused him to experience what he describes as "AI psychosis," leading him to believe he had solved fundamental mysteries of the universe. Tom Millar, 53, isolated himself from family and friends while i