Gate Insights and Crypto Market Analysis

Key Insights: The Shiba Inu burn rate surged 812% in 24 hours, with over 12 million tokens permanently removed from circulation as network activity rebounded. Increased burn activity coincides with rising on-chain engagement, signaling renewed participation despite short-term price

Key Insights Dogecoin ETFs recorded more than $600,000 in inflows during May 5 and 6 despite declining prices and weakening technical momentum across markets A rising wedge pattern on the four-hour chart signaled growing bearish pressure, with Dogecoin risking a decline toward $0.103 this we

Key Insights Dogecoin ETFs recorded more than $600,000 in inflows during May 5 and 6 despite declining prices and weakening technical momentum across markets A rising wedge pattern on the four-hour chart signaled growing bearish pressure, with Dogecoin risking a decline toward $0.103 this we

Payward, the parent company of Kraken crypto exchange, has applied for a national trust company charter with the Office of the Comptroller of the Currency, according to a statement released May 8, 2026. The application seeks to establish Payward National Trust Company (PNTC) to serve institutional c

Crypto security firm CertiK estimates that cryptocurrency holders lost approximately $101 million from wrench attacks during the first four months of 2026, representing a 41% increase in verified incidents compared to the same period in 2025. If the trend continues at this rate, losses could reach s

Aave liquidated exploit-linked positions and transferred recovered rsETH under approved governance proposals. Court ruling supports transfer of recovered ETH as DAOs coordinate broader recovery and restitution efforts. Next recovery phase focuses on restoring rsETH backing, reopening

The cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO breach. Key Takeaways: Lazarus Group attacked Layerzero Labs internal RPCs and poisoned data

Key Insights: Zcash surged 7% after a golden cross formed on hourly charts, signaling renewed short-term momentum despite broader market weakness and cautious investor sentiment. Rising social activity and privacy-focused narratives helped drive attention toward Zcash, supporting recent

Zcash rose 7% on a golden cross amid renewed momentum, boosted by privacy-focused demand and the Zebra 4.4.0 update, as shielded supply reaches a record and adoption grows. Abstract: Zcash posted a 7% gain despite market weakness, supported by a bullish hourly golden cross, rising privacy narratives, and the Zebra 4.4.0 update, with record shielded supply indicating growing privacy adoption.

Analysts at Bernstein have issued a $100 price target for IREN following the announcement of a long-term strategic partnership with NVIDIA, according to a note to clients on Friday. The partnership includes a $3.4

The Senate Banking Committee announced on Friday that it will hold a markup on May 14 to advance comprehensive federal crypto legislation for the first time, according to the announcement. This marks the committee's second attempt after canceling a markup in January when major crypto exchange

FLOKI shows weakening bearish pressure with potential rebound if key resistance levels break. JASMY hints at early recovery signals with MACD improvement and possible breakout above resistance zones. GALA trends lower but shows stabilization, offering cautious gaming-sector accumulation o

Grayscale added Ethena to its DeFi Fund and removed Aerodrome Finance during quarterly portfolio rebalance. Uniswap and Aave remain top DeFi Fund holdings, while Ethena entered with a 13.59% allocation. Smart Contract Fund kept all assets, with Ethereum and Solana maintaining the

Onchain analytics firm CryptoQuant warns that Bitcoin profit-taking could increase further following the recent price rally, according to an analysis by the firm's head of research, Julio Moreno. Bitcoin has risen over 20% since the start of April to a three-month high, driven by earlier

Autonomous Vehicle Auto-Charging Infrastructure Launches New Stone (新石器) autonomous vehicles and Telia Power (特来电) announced on May 8 the launch of the world's first autonomous vehicle auto-charging and

Ethereum remains below the $2,400 area on the weekly chart while higher time frame analysis shows a wider bullish setup forming, according to technical analysis shared on X. ETH must clear moving average resistance before the $4,900 target comes back into focus. Weekly Chart: ETH Range-Bound

TON surges 18% after Telegram boosts ecosystem activity and investor staking inflows sharply increase. Strong bullish momentum supported by moving averages, but RSI signals overbought market conditions. Resistance near $2.80 limits upside, while support holds around $1.90 for

TON surges 18% after Telegram boosts ecosystem activity and investor staking inflows sharply increase. Strong bullish momentum supported by moving averages, but RSI signals overbought market conditions. Resistance near $2.80 limits upside, while support holds around $1.90 for

With AI-to-AI commerce expected to increase the velocity of money, central banks may find themselves unable to react to machine-speed inflation or flash crashes. Experts suggest that regulation must be embedded directly into the code to prevent cascading failures. Key Takeaways: The IMF