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.

Charms.ai completes a $1.5 million funding round to launch an AI character economy; Pennsylvania sues Character.ai for practicing medicine

Charms Interactive announced the completion of a $1.5 million seed funding round, launching Charms.ai, centered on creator-owned rights and independent economic systems for roles. Role characters control revenue and allocate it to creators, the platform, referrers, and a role treasury. Technically, it uses inference memory to prevent chat resets. Pennsylvania has filed an illegal medical practice lawsuit against Character.ai, alleging that its characters impersonate medical professionals and list invalid license numbers. In the U.S., AI medical regulation shows interstate divergence: the FDA lacks guidance, and each state sets its own rules.
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MarketWhisper·05-18 02:21
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Aave rsETH recovery progress: Six major networks’ WETH LTVs have been restarted, and users can borrow again

Aave founder Stani Kulechov confirmed on X on May 18 that the next step in the rsETH technical recovery plan has been completed, and the WETH loan-to-value (LTV) for all affected networks has been restored to the pre-incident levels. Users can now borrow again on the Aave platform using WETH as collateral, including via the collateral swap and debt swap functions. Restored Features and Affected Network List The specific functions restored: · WETH collateral borrowing feature (re-enabled) · Colla
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MarketWhisper·05-18 02:12
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Binance Research publishes BTC weekly chart: exchange balances hit a 6-year low, with 500k perpetual tokens leaving the market permanently

Binance Research released a weekly chart analysis on May 18, and all four on-chain signals point in the same direction: Bitcoin supply is tightening, and selling pressure has been exhausted. About 60% of BTC has not moved for over a year; the short-term versus long-term holder value ratio is deep in the bottom range. Exchange balances have fallen to a 6-year low of 15.0%; about 500k BTC have permanently left. Meanwhile, the short-term holder MVRV ratio has risen back to 1.0. Signal 1: Long-term
BTC-0.87%
MarketWhisper·05-18 02:02
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Japan’s crypto ETF to launch as early as 2027, with SBI and Rakuten leading the development of investment trusts

According to Nikkei Asia, on May 17, SBI Securities and Rakuten Securities are jointly developing a crypto-asset investment trust fund on their own, planning to sell it directly to retail investors. In late April, Hiroyoshi Yamaji, CEO of Japan Exchange Group (JPX), confirmed that if the current Diet session completes the relevant legal reforms and tax policy changes, the Tokyo Stock Exchange could list a crypto ETF as early as 2027. SBI and Rakuten’s in-house development strategy SBI Securities
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MarketWhisper·05-18 01:55
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Pluang Raises $10M Series C to Expand Indonesia Stock Trading

Indonesia-based investment platform Pluang has raised approximately US$10 million in Series C funding led by MUFG Innovation Partners, with existing investors Square Peg and Accel also participating in the round, according to the announcement. Co-founder and CEO Claudia Kolonas stated the fresh fund
LucasBennett·05-18 01:51

Huang Licheng re-opened the position quickly after ETH was liquidated, with total losses exceeding $32.4 million

Onchain Lens’ monitoring on May 18 showed that the well-known Taiwan cryptocurrency investor Huang Licheng (Machi Big Brother) was holding a 25x ETH long position on Hyperliquid, but after the market suddenly dropped, he was fully liquidated again. Immediately afterward, he opened a new 25x ETH long position. Huang Licheng’s cumulative losses on Hyperliquid have exceeded $32.4 million. Latest liquidation data confirmed by Onchain Lens According to Onchain Lens monitoring and confirmation on May
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MarketWhisper·05-18 01:44
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Vitalik reveals Ethereum storage challenges, saying ZK payments will become the default privacy standard

On May 17, Ethereum co-founder Vitalik Buterin commented on X about Ethereum’s state storage issue. He pointed out that even if users store the data themselves, the blockchain stores only hashes, and transactions contain only proofs, the data still needs to be stored and updated for verifying proofs—and ultimately this data is “almost as large as the state itself.” Vitalik previously said that ZK payments are the next key standard for the global digital economy. State Storage Problem: The Core T
ETH-1.82%
MarketWhisper·05-18 01:41
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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
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MarketWhisper·05-18 01:29
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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
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MarketWhisper·05-18 01:11
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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
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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
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MarketWhisper·05-18 01:01
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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
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Coinpedia·05-18 00:35

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