Gate Insights and Crypto Market Analysis

Decentralized exchange edgeX faced scrutiny after its EDGE token fell more than 40% in 24 hours on Tuesday. The project blamed the move on deliberate market manipulation by an unnamed external party. Market data showed EDGE falling from roughly $1.20 to an intraday low of $0.3663, a drop of

Sen. Bernie Sanders, Sen. Elizabeth Warren, and Rep. Robert Scott sent a June 1 letter to Acting Secretary of Labor Keith Sonderling. They urged the Department of Labor to reject a proposed rule that would ease inclusion of alternative assets, including cryptocurrencies, in 401(k) retirement

Polymarket has signed an exclusive prediction-market distribution partnership with Berlin-based football media platform OneFootball, opening a channel to 200 million monthly active users and a broader 645-million-fan ecosystem two weeks before the 2026 FIFA World Cup kicks off in North America.

Standard Chartered's Geoff Kendrick argues that Strategy's $2.5 million Bitcoin sale on Monday marked a turning point for Ethereum, according to analysis published Tuesday. The liquidation triggered one of Ethereum's largest daily outperformance spikes against Bitcoin since 2024, creating

Marvell Technology Inc. stock closed at $290.31 on June 2, rising 32.30%, after Nvidia CEO Jensen Huang described the semiconductor company as a potential next $1 trillion firm at Computex 2026 in Taipei. The rally followed Huang's public endorsement of Marvell's networking and connectivity

Vinay Trivedi, COO at SGX FX, says the institutional FX market is moving toward a hybrid structure combining electronification, modular technology, capital efficiency, and smarter liquidity access. In an interview with Finance Feeds, Trivedi explained that demand is strongest in three areas:

A South African High Court ruled that bitcoin can be legally treated as “capital” and a “negotiable instrument” (a form of money) because it holds value, is used for speculation, and is accepted by merchants. Key

Stablecoin use is accelerating beyond crypto trading, with filtered transaction velocity reaching a record 49.7 times annualized. At the same time, bitcoin and ethereum spot ETFs are facing sustained outflows, raising questions about the depth of institutional demand. Key Takeaways: Visa

Microsoft unveiled seven new AI models at its annual Build event on Tuesday, claiming they outperformed Anthropic's Claude Sonnet 4.6 and Google's Nano Banana 2 in blind testing and image-editing benchmarks. The launch represents Microsoft's effort to establish itself as a frontier AI developer

The U.S. Treasury Department on Tuesday sanctioned Nobitex, Iran's largest crypto exchange, along with three other trading platforms based in the country. The action is part of the Trump administration's 'Economic Fury' campaign against Tehran's financial networks. The Treasury's Office of Foreign

Total futures volume across major crypto exchanges hit a 12-month low in May at approximately $2.9 trillion. The figure marks a level not seen since late 2023 and falls well below the $6 trillion to $7 trillion monthly peaks recorded during more active trading periods. The decline reflects a

Bitcoin (BTC) fell below $70,000 for the first time since April. The decline was driven by rising war tensions, inflationary pressures, ETF outflows, Strategy's sales, and short-term investor selling. On-chain analytics firms Swissblock and Santiment analyzed the situation, with Swissblock warning t

Ripple expanded its Washington, D.C. office, signaling a deeper push to shape the evolving U.S. digital asset policy landscape. The move comes as lawmakers intensify debates around crypto market structure, stablecoin oversight, and the modernization of payment systems. By strengthening its

Microsoft launched Scout at Build 2026 on June 2, 2026, introducing its first "Autopilot" agent designed to automate coordination tasks across Microsoft 365 applications. Scout runs on OpenClaw, the open-source agent framework that accumulated 180,000 GitHub stars in roughly three months after its J

Crypto exchange-traded fund (ETF) flows opened June on a defensive note, with bitcoin funds losing nearly half a billion dollars and ether products extending their outflow streak to 15 trading days. Yet XRP and HYPE ETFs again attracted fresh capital, showing that investors are still making

Morningstar analysts valued SpaceX at $780 billion, less than half of the $1.75 trillion valuation the Elon Musk-led company is reportedly targeting in its planned initial public offering. The estimate provides a skeptical counterpoint ahead of SpaceX's expected IPO roadshow, with Morningstar