Gate Insights and Crypto Market Analysis

Mumbai-based stock trading app Trackk has raised 300 million rupees (US$3.16 million) in an extended seed round led by Lightspeed India with participation from Info Edge Ventures, according to regulatory filings. Funding Structure and Investor Participation The company approved 123,630

Real Vision co-founder Raoul Pal says the artificial intelligence competition between the U.S. and China is unlike any geopolitical rivalry in history, a race not for territory or weapons, but for the substratum of intelligence itself. Key Takeaways: Real Vision’s Raoul Pal called the U.S.-Chi

SHIB burn rate surged 1,034%, removing over 27 million tokens from circulation. Whale activity reduced exchange reserves, creating mixed signals across supply and demand. SHIB trades near resistance, with key levels deciding breakout or consolidation. Shiba Inu grabbed fresh attention

XRP remained in consolidation between major support near $1.35 and resistance around $1.50. Analyst Javon Marks said XRP’s breakout structure against Bitcoin could support moves above $15. Ripple infrastructure growth and rising institutional adoption improved long-term XRP sentiment. XR

Ethereum exchange outflows persisted as long-term holders continued reducing available exchange supply. Institutional firms expanded Ethereum-based settlement and tokenized finance infrastructure across multiple financial sectors. Ethereum maintained critical support while traders

AMGI Studios recently announced the launch of its native token, HOOLI, for the My Pet Hooligan entertainment franchise, featuring an airdrop on May 18. Key Takeaways: AMGI Studios integrated the HOOLI token launch and May 18 airdrop into a 30-episode series finale. The My Pet Hooligan franch

PENGU rose 7.13%, trading above key moving averages with strong bullish momentum. Resistance at $0.01135 limits upside as indicators show early overbought conditions. Utility growth from Amazon and Paxos boosts demand and long-term adoption outlook. Pudgy Penguins — PENGU, posted a stron

NYDIG’s Greg Cipolaro said that if the Senate does not fully vote to pass the crypto market structure bill before August, the risk is that it will be delayed or fail. The bill requires 60 votes; passage would categorize Bitcoin as a CFTC-regulated commodity, while failure would mean long-term regulatory uncertainty. If the August window is missed, the most likely path is the lame-duck session after the election, assuming the Republican Party controls the Senate and that Thune takes priority.

NousResearch released Hermes Agent v0.14.0 on May 16, codenamed “The Foundation Release”. The three core updates are the addition of hermes proxy instructions, which can convert web-based authorizations for Claude Pro, ChatGPT Pro, and other services into standard OpenAI-format local API endpoint calls. hermes proxy: confirmed feature specifications According to NousResearch’s official announcement confirming： Function definition: Convert web-based OAuth authentication for Claude Pro, ChatGPT Pr

The Wall Street Journal (WSJ) reported on May 18 that Polymarket outsourced dispute arbitration for prediction markets to third-party service UMA. Analysis of Polymarket and blockchain data shows that at least 60% of active UMA voters can be directly linked to Polymarket accounts, with anonymous token voters suspected of manipulating the outcome. Key data confirmed by the WSJ analysis 60%+: Active UMA voters can be directly linked to Polymarket accounts ~300 cases (about 1/5 of the disputes): At

According to Mother Jones’ report on May 15, the official website of \$TRUMP coin announced earlier this month that it will set up a special club for token holders. Members ranked in the top 19 will be invited to a three-day luxury VIP experience during the July World Cup final. The site’s details explicitly state that there is no affiliation between the World Cup, FIFA, and the “Trump” commemorative coin’s promotional activities. Confirmed Benefits List Based on the benefits content confirmed i

The U.S. 30-year Treasury yield briefly rose by 4 bps to 5.16% on May 18, its highest level since October 2023; the 10-year yield touched 4.63% and the 2-year yield touched 4.10%. Guneet Dhingra, head of U.S. rates strategy at BNP Paribas, confirmed that there is no “anchor point” above 5%. Confirmed Treasury yield levels across maturities 30-year: 5.16% (+4 bps), highest since October 2023 10-year: 4.63%, highest since February 2025 2-year: 4.10%, highest since February 2025 Trigger factors (co

Pi Network’s core team has confirmed that the migration deadline for Protocol 23 has been extended from May 15 to May 19, giving node operators an additional four days to install the updated version. Pi Network also confirmed that May 19 is the final deadline for this upgrade process; node operators should install the updated version before the deadline to avoid potential synchronization issues after the migration. Confirmation of the Revised Technical Specifications for Protocol 23.0 According

OpenAI launched a ChatGPT personal finance feature on May 16, connecting users’ real bank accounts via financial data infrastructure provider Plaid. It rolled out in the US in a preview form for Pro subscribers paying $200 per month, supporting both the web version and iOS. Once connected, ChatGPT gains read-only access to balances, transactions, investments, and liabilities from more than 12,000 financial institutions. Feature Specifications: Confirmed Technical Details Confirmed by OpenAI’s of

Harvard Management Company, an asset management firm at Harvard University, submitted its Q1 2026 13F filing to the SEC showing that its holdings of BlackRock’s spot Bitcoin ETF (IBIT) fell by approximately 43%, with the position dropping to $117 million. Its holding in BlackRock’s spot Ethereum ETF, originally valued at about $68.8 million, has been fully liquidated. Confirmed Q1 2026 13F Position Changes for Harvard Bitcoin ETF (IBIT, BlackRock): Q1 2026 holdings: about $117 million Quarter-ov

U.S. Bitcoin spot exchange-traded funds (ETFs) experienced a net outflow of $995.5 million during the week of May 11–15, 2024, according to Farside Investors. This marks the largest weekly outflow since January 26–30, 2024, when $1.48 billion flowed out of the market. Fund-Specific

Sheji Ho, co-founder of aCommerce, argues that Southeast Asia's traditionally service-oriented business culture—long viewed as a weakness for SaaS adoption—may become the region's competitive advantage in the AI era. Ho's analysis, published in Tech in Asia, traces how operational constraints and

Singapore media CNA reported on May 17 that after large-scale crackdowns in Cambodia, Myanmar and the United Arab Emirates, Sri Lanka saw a surge in arrests of suspected foreign scammers. Sri Lanka Police spokesperson Frederick Wootteler confirmed that since 2026, more than 1,000 foreign suspects have been arrested, mainly from China, Vietnam and India—far higher than the 430 arrests in all of 2024. Confirmed data on the number of arrests According to Sri Lanka Police spokesperson Frederick Woot

Blockchain security company Blockaid monitored on May 18 that the Verus–Ethereum cross-chain bridge is being attacked and issued a warning on X; PeckShield confirmed that this attack caused an approximate loss of $11.58 million. According to DeFiLlama data, in May, 12 DeFi protocols were attacked, and the cumulative losses for May have already exceeded $20 million. Confirmed Attack Details: Stolen Assets and On-Chain Tracking （Source: Etherscan） The breakdown of stolen assets disclosed by PeckSh