Gate Insights and Crypto Market Analysis

BNB faced renewed selling pressure after failing to sustain momentum above the $675 resistance level. Historical BNB corrections exceeded 70%, yet previous cycles later delivered strong recovery rallies. Funding rates normalized after leveraged positions cooled, reducing speculative press

Michael Novogratz, billionaire founder of Galaxy Digital Inc., faced off in court this week with BitGo Holdings Inc. Chief Executive Officer Mike Belshe in their ongoing legal dispute over a proposed merger that collapsed four years ago when cryptocurrency markets declined. The original deal was

US spot-Bitcoin ETFs recorded their ninth-largest weekly outflow since their launch in early 2024, with $1.7 billion leaving funds in the five days through Monday, according to K33 Research. Bitcoin approached $83,000 during this period, a price level that marks the average cost at which ETF

The Federal Reserve announced Wednesday night that it is seeking public comment on a proposal to extend limited access to its payment infrastructure to fintech and other non-bank firms. The proposal follows an executive order signed by President Trump this week directing federal financial

Prediction market traders on Polymarket and Kalshi are pricing a Democratic sweep of the 2026 U.S. midterm elections as the most likely outcome, with combined trading volume topping $12.5 million across both platforms. Key Takeaways: Polymarket traders give Democrats a 47% chance of

MoonPay has acquired Decent.xyz, a YC-backed cross-chain routing and liquidity company, marking its fourth acquisition of 2026, according to an announcement on Thursday. The deal was valued at an eight-figure sum, according to a person familiar with the matter. Through this acquisition, MoonPay is l

The Commodity Futures Trading Commission and the National Hockey League signed a Memorandum of Understanding on Thursday to coordinate and share information "to protect the integrity of both professional hockey and related event contracts." The agreement represents the latest effort by the CFTC to b

A bipartisan group of US lawmakers has introduced a revised version of the PARITY Act to modernize how digital assets are taxed. The legislation directs the Internal Revenue Service (IRS) to study potential crypto tax relief measures, including exemptions

Opening BOE (京东方), China's leading display panel manufacturer, announced on May 20 a memorandum of understanding with U.S. materials company Corning to collaborate on glass-based packaging substrates, foldable glass, perovskite glass substrates, and optical interconnect applications. The

State Street Corporation has sharply increased its exposure to Strive Asset Management after buying nearly 1 million shares in the Bitcoin-focused asset manager. Summary State Street Corporation increased its exposure to Strive Asset Management by 770% after purchasing nearly 1 million ASST sha

Sui price is trading between $1.04 and $1.11 on Wednesday, gaining as much as 7% over 24 hours as the network launched gasless stablecoin transfers on mainnet. The new feature allows users and businesses to send supported stablecoins peer-to-peer without paying gas fees or holding a separate SUI

Long-term Bitcoin holders have pushed their holdings back up to about 16.3 million BTC, near all-time highs, breaking a two-and-a-half-year downtrend in so‑called "smart money" supply. Summary Long-term holder supply has climbed to roughly 16.3 million BTC. The metric rose from about 14.12 mil

Opening UXLINK announced a strategic partnership with AdaptHF on May 20, 2026, to integrate artificial intelligence-powered infrastructure into decentralized application services. The collaboration combines UXLINK's decentralized social networking platform with AdaptHF's AI Agent infrastructure to

LSEG has renewed its long-standing technology partnership with Broadcom through a new five-year agreement centered on VMware Cloud Foundation. The agreement expands LSEG's use of VMware Cloud Foundation as part of its broader multi-cloud strategy while supporting the modernization of internal

International Business Machines (IBM) announced it will receive $1 billion in federal funding as part of the U.S. Commerce Department's $2 billion quantum computing initiative, with IBM stock closing at $225.00 on May 20, 2024 (up 1.20%), before surging over 7% in premarket trading to $236.25. The i