Gate Insights and Crypto Market Analysis

Gate Insights features in-depth crypto analysis, market trends, and long-form articles to help you understand key movements across the crypto industry.

Gate Daily Report (May 18): Saylor hints at buying Bitcoin; Forsage Ponzi scheme suspect extradited back to China pleads not guilty

Bitcoin (BTC) gives back last week’s gains, with a temporary quote around $77,060 as of May 18. Strategy chairman Michael Saylor hinted at buying Bitcoin, encouraging retail investors to allow payment of half-month dividends in the STRC dividend voting. A suspect allegedly tied to being a co-founder of Forsage—has reportedly been extradited from Thailand back to his home country, and refused to plead not guilty in a $340 million Ponzi scam case, becoming the first of four co-defendants to go on
BTC1.00%
DOT2.98%
ETH1.47%
AAVE2.60%
MarketWhisper·05-18 01:29
Gate Daily Report (May 18): Saylor hints at buying Bitcoin; Forsage Ponzi scheme suspect extradited back to China pleads not guilty

Iran insures ships through the Strait of Hormuz with Bitcoin, with estimated annual revenue reaching 10 billion.

Crypto Briefing reported on May 18 that Iran has launched a digital maritime insurance platform “Hormuz Safe,” endorsed by Iran’s Ministry of Economic Affairs, to provide maritime insurance for vessels transiting the Persian Gulf and the Strait of Hormuz. Payments are settled in Bitcoin and other cryptocurrencies, bypassing the SWIFT network and Western financial intermediaries. Iranian government estimates suggest the platform could generate up to $10 billion in revenue. Confirmed Technical Fea
SAFE5.58%
MarketWhisper·05-18 01:11
Iran insures ships through the Strait of Hormuz with Bitcoin, with estimated annual revenue reaching 10 billion.

The National Credit Union Administration of the United States has issued “stablecoin payment” rules, with a public comment period until July 17

On May 15, the NCUA published a proposed rule for operating and risk management standards for PPSI under the GENIUS Act. It applies to licensed payment stablecoin issuers and is layered with the licensing framework rule published on February 11; together, the two form the GENIUS framework. The public comment period ends July 17—submit via the Federal Register. GENIUS takes effect on July 18, 2025, and the second rule is published on May 15, 2026.
MarketWhisper·05-18 01:05
The National Credit Union Administration of the United States has issued “stablecoin payment” rules, with a public comment period until July 17

Trump warns that Iran negotiations have run out of time, as Bitcoin drops back to $77k

On May 18, Bitcoin slid back to around $77,000. After U.S. President Trump spoke with Israeli Prime Minister Netanyahu on May 17, he issued a warning to Iran via Truth Social: “Time is running out. They’d better act quickly, or they’ll have nothing.” The same day, a generator outside the fence of the UAE Barakah nuclear power plant was hit by a drone. Saudi Arabia intercepted three drones entering from Iraq. Stalemate in U.S.-Iran Talks: The Gap Between Demands Confirmed by Both Sides The U.S.-I
GAS-0.96%
HYPE3.77%
BTC1.00%
ETH1.44%
MarketWhisper·05-18 01:01
Trump warns that Iran negotiations have run out of time, as Bitcoin drops back to $77k

Why Is XRP Unique? Ripple CEO Explains What Makes XRP Stand Out

Ripple CEO Brad Garlinghouse shared why he sees XRP as unique, pointing to its speed, low cost, scalability, and long-running community support. He cited three-to-five-second settlement, fractions-of-a-penny transaction costs, and more than 4 billion completed transactions. Key Takeaways: Garl
XRP0.40%
BTC1.00%
Coinpedia·05-18 00:35
Why Is XRP Unique? Ripple CEO Explains What Makes XRP Stand Out

StreamElements Seeks Buyer to Avoid Collapse

StreamElements, an Israeli creator tools startup that provides monetization and production platforms for livestream creators, announced it is in advanced talks with potential buyers as it attempts to avoid a possible collapse,
CryptoFrontier·05-17 23:31
StreamElements Seeks Buyer to Avoid Collapse