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.

Pi Network PiScan returns, KYC AI upgrade shortens the manual queue by 50%

According to CoinEdition, Pi Network’s on-chain block explorer PiScan went offline in early May due to an upgrade of the Pi Network protocol to version 23. It is expected to resume service on May 15, and the related indexing infrastructure and on-chain data analytics tools will be restored for use. The Pi core team confirmed that the KYC AI upgrade uses advanced AI models combined with live detection technology, shortening the manual verification queue by 50%. Why PiScan Went Offline and the May
PI-0.06%
MarketWhisper·05-15 03:00
news-image

Farage buys a mansion after receiving a $6.7 million “crypto gift,” as the UK plans to temporarily ban crypto political donations

UK Reform Party leader Nigel Farage completed a set of property purchases worth £1.4 million in May 2024, just weeks after Farage announced his candidacy for the general election, after receiving a “crypto gift” worth £5 million from Christopher Harborn, a crypto billionaire. The UK submitted a proposal in March to temporarily ban cryptocurrency political donations. Farage’s stance and parliamentary inquiry: confirmed facts Both the Reform Party and Farage deny any wrongdoing. Farage’s core posi
BTC-2.41%
MarketWhisper·05-15 02:51
news-image

Tether freezes $450 million of illegal crypto; FATF deems it a valuable global law-enforcement resource

The T3 Financial Crime Unit (T3 FCU), jointly established by Tether, Tron, and TRM Labs, announced on May 15 that since its launch in September 2024, it has frozen more than $450 million in illegal digital assets, while continuing to expand law enforcement cooperation with 23 jurisdictions. The Financial Action Task Force (FATF) has recognized T3 FCU as a “valuable resource for global law enforcement.” Operational Scale Confirmed and Cooperation Framework of T3 FCU According to the figures confi
TRX0.10%
MarketWhisper·05-15 02:43
news-image

Gemini’s price surged 30% after hours; Q1 credit card revenue rose 300% year over year

Shares of Gemini (NASDAQ: GEMI) surged by as much as 30% during trading after the close on May 15. The company previously reported total Q1 revenue of $50.30 million, up 42% year over year. Credit card business contributed $14.70 million in quarterly revenue, up 300% year over year. Service and interest income from the company’s staking and custody businesses together grew more than 120% year over year to $24.50 million, accounting for nearly half of total revenue. Q1 Financial Results: Detailed
41.47%
KALSHI6.52%
MarketWhisper·05-15 02:38
news-image

Polymarket Popular Prediction: Will the CLARITY Act be officially signed into law in 2026?

As of May 15, 2026, Polymarket’s prediction market for “the CLARITY Act being formally signed into law in 2026” has held steady in the 69% range. Behind this figure is a legislative standoff that has stretched nearly a year—covering how digital assets are classified and categorized, the registration paths for exchanges, rules on stablecoin yield, and conflicts of interest between the president and the Crypto industry. Whether the bill can complete the full process in 2026—clearing the Senate wit
ACT-10.14%
BTC-2.41%
ETH-2.71%
GateInstantTrends·05-15 02:35
news-image

Strive shares rise 5.8%, begin distributing dividends daily starting June 16

Strive Asset Management (NASDAQ: ASST) shares rose 5.8% to $17.70 on Thursday, and increased another 0.73% in after-hours trading. Earlier, the company announced that its Series A perpetual preferred stock (ticker: SATA) will pay a dividend every business day starting June 16, with an annual dividend yield of 13%. The dividend funds come from returns generated by its Bitcoin treasury strategy. SATA Daily Dividend Plan: Confirmed Terms and Timing Dividend Subject: Series A perpetual preferred sto
BTC-2.41%
CRCL-0.32%
COIN0.16%
HOOD0.14%
MarketWhisper·05-15 02:29
news-image

Kelp rsETH announced that withdrawals have been restored, and Eigen’s claims are now open simultaneously

Kelp DAO announced on X on May 15, 2025 that, as part of the coordinated restart plan, the rsETH withdrawal functionality is now live, and the bridging and claiming functions have been launched as well. The exchange rate will be updated at 22:30 (Beijing time) on May 15, and Eigen claiming will be opened simultaneously, reflecting the staking rewards accumulated by rsETH holders during the suspension period. Restoration Plan Confirmation Timeline Based on the steps confirmed in Kelp DAO’s offici
EIGEN11.96%
AAVE-1.27%
ARB-1.35%
MarketWhisper·05-15 02:21
news-image

Nasdaq-listed company Shuttle bought 3,000 mining rigs and launched combined mining for DOGE and LTC

Shuttle Pharmaceutical Holdings, a Nasdaq-listed company (ticker: SHPH), announced on May 14 that it has completed its merger with United Dogecoin and confirmed receipt of a purchase order, granting the company an option to purchase up to 3,000 units of its next-generation ElphaPex Scrypt mining rigs for a merged-mining operation for DOGE and LTC. Mining Rig Purchase Order: Confirmed Specifications and Deployment Timeline Mining rig specifications (confirmed): Mining rig model: ElphaPex next-gen
DOGE-2.95%
LTC-2.13%
PIPE1.67%
MarketWhisper·05-15 02:14
news-image

Cerebras IPO raises $5.55 billion, with day-one marketcap reaching $95 billion

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
MarketWhisper·05-15 02:09
news-image

Moscow Exchange plans to launch crypto trading, with a 24/7 mode awaiting the settlement mechanism formulation proposal

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
RBC-5.40%
SOL-3.63%
TRX0.10%
BTC-2.41%
MarketWhisper·05-15 02:01
news-image

Myanmar plans to use “the death penalty” to punish violent offenders at crypto scam centers; the bill will be submitted to the parliament in June

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
BCH-8.03%
MarketWhisper·05-15 01:52
news-image

BitFuFu’s Bitcoin production plummeted 32% month-over-month in April; Ethiopia’s power outage has been restored

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
41.47%
BTC-2.41%
LEO-0.52%
MarketWhisper·05-15 01:47
news-image

Dapper Labs halts NFL All Day NFT issuance; details on the next-generation product to be announced

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
MarketWhisper·05-15 01:42
news-image

On-chain analyst: Multicoin is suspected of closing its AAVE positions at a stop-loss, with losses of over $40.56 million

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
AAVE-1.27%
GLXY3.77%
COIN0.16%
COINON-2.44%
MarketWhisper·05-15 01:34
news-image

Gate Daily Report (May 15): Bitwise Hyperliquid ETF will be listed and begin trading; Ranger Finance announces a gradual shutdown

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
HYPE-6.28%
BTC-2.41%
DRIFT-5.67%
SOL-3.63%
MarketWhisper·05-15 01:30
news-image

Dartmouth College’s endowment fund holds its first Solana-staking ETF, with a total crypto investment portfolio value of $14 million

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
SOL-3.63%
ETH-2.71%
DOGE-2.95%
XRP-3.09%
MarketWhisper·05-15 01:15
news-image

FED dovish director Milan submits resignation, director Ball opposes the balance sheet reduction policy

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
MarketWhisper·05-15 01:07
news-image

Bitcoin rebounds to $81,500 as the US-China summit eases anxiety in Iran’s market

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
BTC-2.41%
MarketWhisper·05-15 01:02
news-image