Gate Insights and Crypto Market Analysis

Opening Modal, a New York-based cloud infrastructure startup, has raised US$355 million in a Series C funding round led by General Catalyst and Redpoint at a US$4.65 billion post-money valuation, according to CEO Erik Bernhardsson. The company helps developers run AI and other compute-heavy

According to Cryptopolitan on May 22, Germany’s Federal Parliament’s Finance Committee rejected the crypto tax reform proposal put forward by the Greens. The proposal aimed to remove the tax-exempt policy for selling cryptocurrencies after holding them for more than one year. Under Germany’s current laws, capital gains from the sale of cryptocurrencies held for more than a year are exempt from capital gains tax, and this rejection confirmed that the provision remains in effect. The Greens estima

XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and

A report titled “Crypto Investor Sentiment Report 2026,” jointly released by the U.S. National Crypto Monetary Association (NCA) and Harris Poll in May, shows that more than 67 million U.S. adults currently hold cryptocurrency, an increase of 12 million people from 2025. The report also confirms: 90% of holders plan to continue buying cryptocurrency over the next year; 77% say cryptocurrency has had a positive impact on their lives. Confirmed shifts in holder demographics: age, gender, income Th

The Trump administration announced it will take $2 billion in equity stakes across nine US quantum computing companies, including a new venture from IBM, according to Reuters. The investments will use incentives from the CHIPS and Science Act to support domestic production and strengthen

Cryptocurrency investment firms Paradigm and Tempo jointly open-sourced Centaur on May 21. This is a self-hosted, multi-person collaborative AI Agent runtime framework that has been widely used across multiple departments within Paradigm—such as cross-investment and engineering—since January. Centaur operates in the form of “shared virtual employees” and can be invoked via Slack threads or APIs. Security architecture: Iron Proxy injects credentials at the network layer Centaur’s core security de

Bitcoin (BTC) is seeing a slight rebound in the short term, currently around $77,530 as of May 22. A U.S. congressman has proposed the “U.S. Reserve Modernization Act,” aiming to lock Bitcoin as a long-term reserve asset for at least 20 years. According to a filing submitted by Harvard Management Company to the U.S. Securities and Exchange Commission (SEC), it sold all of its Ethereum positions just one quarter later. Macro Events & Crypto Hotspots 1、According to Bitcoin News, U.S. Representativ

Microsoft is in talks to supply Anthropic, the San Francisco AI firm behind Claude, with its Maia 200 AI chips through Azure. The deal has not been finalized, but it could help Microsoft narrow the gap with Amazon and Google in offering custom AI chips to cloud customers. In November, Microsoft

SEC Commissioner Hester Peirce, known as a crypto-friendly regulator, clarified on the 21st (local time) that synthetic securities are excluded from a planned innovation exemption for tokenized stocks. On the 18th, Bloomberg reported that the SEC was preparing to announce an 'innovation exemption' f

U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins announced on May 21 that the fund sponsors agreed to delay the listing of several event-contract ETFs so that the SEC can initiate a public comment solicitation process. On the same day, the U.S. Commodity Futures Trading Commission (CFTC) and the National Hockey League (NHL) announced that they have signed a memorandum of understanding on integrity, establishing an information-sharing and coordinated oversight framework around cont

Bengaluru-based early-stage investor Shastra VC launched a US$100 million fund on May 21 to back Indian startups in deeptech and defense as well as AI and renewable sciences. The firm will write cheques of US$500,000 to US$3 million for companies built around intellectual property. This launch

RCBC, a Philippine bank, announced that FinTech Alliance.PH and the Australia Philippines Business Council (APBC) have signed an agreement to cooperate on fintech and the digital economy. The partnership covers digital banking, AI, cybersecurity, blockchain, financial inclusion, and digital

On May 21, crypto investor Mark Cuban confirmed on the podcast “Portfolio Players” that he has sold about 80% of his Bitcoin holdings. The core reason is that Bitcoin has failed to play a hedging role during the recent Iran–U.S. conflict period and the weakening of the U.S. Dollar—while gold surged and Bitcoin fell. When the Dollar weakened, Bitcoin did not rise as expected, leaving him “really very disappointed.” Cuban’s core stance shift: confirmed data from 2021 versus 2026 Cuban’s specific r

On May 22, Bitcoin rebounded to $77,400. Iran’s Labor News Agency (ILNA), citing Al Arabiya Satellite Television, reported that, with Pakistan brokering the deal, the United States and Iran have reached agreement on a draft agreement. The contents include: an immediate comprehensive and total ceasefire across all fronts; both sides committing not to attack infrastructure; guaranteeing freedom of navigation in the Persian Gulf and the Strait of Hormuz under joint monitoring; gradually lifting san

Walmart's India ecommerce unit Flipkart boosted international sales and profit in the quarter ended April 30 through expansion of its quick commerce service, Flipkart Minutes. Walmart International net sales rose 18% year on year to US$35.1

Elon Musk's SpaceX filed for an initial public offering with a valuation target of approximately US$1.75 trillion on May 21, following a US$4.28 billion loss for the quarter ended March 31. The company's filing reveals that heavy spending on data-center computing masks profitability in its core

Spotify shares rose 6% after the streaming company held its first investor day since 2022 to outline 2030 targets. Under new co-CEOs Gustav Söderström and Alex Norström—who took over after founder Daniel Ek stepped down in early 2026—Spotify announced it expects revenue to increase at a mid-teens co

Opening A venture backed by Blackstone, Anthropic, and Hellman & Friedman has acquired San Francisco-based startup Fractional AI, establishing it as the venture's operating core for enterprise AI services. The acquisition ends Fractional AI's 11-month partnership with OpenAI. The venture aims to h

KKR Backs Beauty Platform Fresha at $1 Billion Valuation Fresha, a London-based marketplace for beauty and wellness bookings, announced on May 22 that KKR invested US$80 million, valuing the company at more than US$1 billion. KKR made the investment through its growth equity arm, which focuses on

On May 21, EU consumer group BEUC and 29 members filed complaints against Google, Meta, and TikTok across 27 countries under the Digital Services Act, alleging the platforms failed to curb financial scam advertisements. BEUC, a Brussels-based consumer advocacy organization, reported that members