Gate Insights and Crypto Market Analysis

AI chip maker Cerebras Systems completed its Nasdaq listing on May 14, with its stock soaring 68% on the first day, raising $5.55 billion, which is the largest IPO by size in 2026 to date. The closing market cap on day one was nearly $95 billion, closing at $311.07, and rising further after hours to $329.90. IPO Financial Data and Ownership Structure According to the figures confirmed by CNBC: IPO funding amount: $5.55 billion (the largest IPO by size in 2026 to date) First-day gain: 68% (closed

According to Bits.media on May 14, the Moscow Exchange (MOEX) has been in talks with brokers about the form of cryptocurrency trading. MOEX is testing cryptocurrency deposit and withdrawal functions and has invited some brokers to participate in the test. Dmitry Lesnov, First Vice President of Brokerage Business at Finam, confirmed that MOEX wants to offer 24/7 trading, but the final decision depends on the operating schedule of the clearing system. Confirmed Crypto Trading Framework Design Acco

According to Protos, Myanmar released a draft of the Anti-Cyber Fraud Law on May 15, proposing the death penalty for criminals who force others to engage in cyber scams using violence, torture, unlawful arrest, detention, or cruel means; operators of scam centers or perpetrators of cryptocurrency scams face life imprisonment. The draft is expected to be submitted to the parliament for deliberation in June. Confirmation provisions in the draft Anti-Cyber Fraud Law According to CNA, the draft stip

BitFuFu (Nasdaq: FUFU) released an April operating update report on May 14. In April, its Bitcoin production was 145 BTC, down 32% from March. The drop in output was jointly caused by two factors: an unexpected power outage at the company’s data center in Ethiopia (now restored), which reduced normal operating time; and the company’s decision not to renew some third-party hashrate purchase contracts, in order to protect profitability as the Bitcoin market weakened. April Key Operating Data: Hash

Dapper Labs announced via the NFL All Day official website on May 13 that it will stop publishing new football NFT collectible items (Moments) on its licensed platform, and it also confirmed that it has signed a new licensing agreement with the NFL. Existing NFTs remain the property of collectors, and the NFL All Day Marketplace continues to operate normally. Two Confirmations Promised in the Official NFL All Day Announcement According to the official announcement on the NFL All Day website date

On May 15, on-chain analyst Yujin monitored that Multicoin Capital was suspected of executing a stop-loss on its AAVE position—transferring 150k AAVE (14.91 million Dollars) into Galaxy Digital and BitGo, and then distributing and transferring it to CEXs such as Binance, OKX, Coinbase, and Bybit. The behavior was assessed as a selling action. Multicoin Capital On-Chain Data: Transfer Path and Position Calculation (Source: Arkham) Based on Yujin’s on-chain monitoring, the suspected stop-loss capi

Bitcoin (BTC) sees a strong rebound, temporarily around $81,480 as of May 15. The Bitwise Hyperliquid ETF will begin trading on Friday on the New York Stock Exchange. Ranger Finance announced it will be gradually shut down, due to mounting funding pressure compounded by the impact of the Drift attack. Macro Events & Crypto Market Hot Topics 1、According to The Block, the Bitwise Hyperliquid ETF will begin trading on Friday on the New York Stock Exchange under the ticker BHYP. The fund will become

Dartmouth College trustees filed documents with the SEC on May 15, disclosing that its $9 billion endowment fund holds about $14 million worth of crypto ETF portfolios, covering three asset types: Bitcoin, Ethereum, and Solana. Dartmouth reportedly entered the crypto market for the first time in 2025, and this time provides a more complete ETF portfolio disclosure. Breakdown of Three ETF Holdings: Comparison Between May and January According to the SEC filing dated May 15, Dartmouth’s current cr

CNBC reported that on May 15, FED board member Stephen Miran submitted his resignation, saying he will step down from his board position when Kevin Warsh, the incoming chair, takes office, or before. Miran cast no votes in opposition at all of the six Federal Open Market Committee (FOMC) meetings. On the same day, board member Barr publicly commented on the balance sheet policy, saying that reducing the balance sheet itself is a “wrong target”. Miran’s FOMC Voting Record and Confirmation of His

Bitcoin (BTC) rebounded to about $81,500 on May 15. This rebound was supported by two factors: the U.S.-China leaders’ summit eased the market’s near-term anxiety about the Iran war; and progress in the Senate Banking Committee’s review of the CLARITY Act provided a short-term catalyst. Strong U.S. PPI data continued, and the yield on the 10-year U.S. Treasury fell to around 4.46%, putting pressure on expectations for a FED rate cut. U.S.-China Summit and the Iran Situation: A Shift in Market Se

The US Senate proceeded with the Clarity Act markup and confirmation of Kevin Warsh as Fed chair. Bitcoin rallied following two bullish events in the digital asset industry. The US Congress just triggered two bullish catalysts in the crypto sector. On Thursday, the Clarity Act finally reached the

Uber announced on May 14 that it will expand its engineering presence in India with two new campuses in Bengaluru and Hyderabad, expected to accommodate approximately 9,600 employees by the end of 2027. The company also plans to establish its first local data center through a partnership with

David Schwartz warned XRP Ledger users about rising airdrop and giveaway scams targeting the community. The Ripple CTO Emeritus said impersonators on Instagram, Telegram, and other platforms are likely scammers. Key Takeaways: David Schwartz flagged escalating fake airdrop and giveaway scams t

The institution issued a ban on Banco Topazio’s ability to conduct foreign purchases and sales of cryptocurrency assets for two years after detecting irregularities in the due diligence processes for these operations. Additionally, the institution was fined $3.2 million. Key Takeaways:

Federal Reserve Governor Stephen Mikan submitted his resignation on May 14, effective upon the swearing-in of his successor or shortly before, according to the source. Mikan, who has served as a member of the Federal Reserve Board since September 16, 2025, cited disagreements with the Fed's

Liquidators of Mirror Trading International, a massive South African crypto pyramid scheme, have received over 9,441 claims totaling nearly $395 million. Key Takeaways: MTI liquidators report $395.4 million in claims while only $35.8 million remains as of Feb. 18, 2026. FXChoice

Cerebras Systems (CBRS) shares surged more than 80% to around $385 in late trading after soaring as much as 89% during their Nasdaq debut, following one of the largest IPOs of 2026 as investor demand for AI-focused companies intensifies. The stock opened at $350, far above its IPO price of $185,

The U.S. Securities and Exchange Commission issued no-action relief on September 29, 2025, confirming that state-chartered trust companies can serve as qualified custodians for cryptocurrency assets held by registered investment advisers and funds. This guidance provides regulatory clarity for