Gate Insights and Crypto Market Analysis

Bitcoin fell below $80,000 on May 14, trading at around $79,560. On Wednesday, the U.S. Senate confirmed Kevin Warsh as the next FED chair with a vote of 54 to 45, which is the final confirmation procedure following the transition from Powell. According to the CME FedWatch tool, the market is currently pricing a 30% probability of a FED rate hike in December, and the chance of a rate cut within the year has been ruled out. Confirmation procedure: two-step vote dates and Powell’s departure arrang

CME Group and Silicon Data plan to launch the first global cash-settled futures contract anchored to GPU computing power rental rates in 2026, according to a CITIC Securities research report. The product marks a potential milestone in the financialization of computing power as a critical asset

Corpay is partnering with BVNK to integrate stablecoin wallets and settlement services into its global payments platform. The move reflects growing demand for faster, always-on cross-border payment infrastructure. Key Takeaways: Corpay partners with BVNK to add stablecoin wallets and 24/7 sett

A former Canadian police officer has claimed that excessive use of ChatGPT—up to 16 hours per day—caused him to experience what he describes as "AI psychosis," leading him to believe he had solved fundamental mysteries of the universe. Tom Millar, 53, isolated himself from family and friends while i

Key Insights Spot LINK exchange-traded funds recorded $532,900 in inflows on Wednesday, signaling renewed institutional participation after nearly two weeks of inactivity. Chainlink network activity increased sharply as active addresses, transaction volume, and futures open interest

Key Insights XRP stabilizes near short-term support as sellers repeatedly reject price advances around resistance zone between $1.44 and $1.46 level range ETF inflows show cooling trend while still remaining positive, indicating selective institutional participation rather than broad

Key Insights Institutional traders maintained aggressive long exposure on SUI while buyers defended crucial support near $0.96 during recent market weakness across cryptocurrency markets. SUI continued consolidating below $1.00 as technical indicators highlighted strong support clusters

Key Insights Institutional traders maintained aggressive long exposure on SUI while buyers defended crucial support near $0.96 during recent market weakness across cryptocurrency markets. SUI continued consolidating below $1.00 as technical indicators highlighted strong support clusters

In a recent podcast appearance, investor Ray Dalio argued that fiat currencies are unlikely to remain the dominant form of global money, framing the current financial system as part of a long-term "debt and monetary cycle" that is beginning to fracture. Summary Ray Dalio argues in a recent podc

Key Insights Hedera entered the insurance sector through HashSphere integration, creating steady HBAR transaction demand tied directly to property data verification. Eight leading United States property insurers joined the initiative, strengthening Hedera’s enterprise adoption narrative and

Key Insights Hedera entered the insurance sector through HashSphere integration, creating steady HBAR transaction demand tied directly to property data verification. Eight leading United States property insurers joined the initiative, strengthening Hedera’s enterprise adoption narrative and

American defense technology company Anduril has raised $5 billion in a Series H funding round at a post-money valuation of $61 billion, underscoring accelerating investor appetite for AI-enabled defense infrastructure and autonomous warfare systems. Summary Defense tech firm Anduril completed a

USDC circulation rose 28% to $77B, while on-chain transaction volume jumped 263% year-over-year to $21.5T. Circle raised $222M for ARC at a $3B valuation with backing from BlackRock, a16z crypto, Apollo, and SBI Group. Operating expenses climbed 76%, but adjusted EBITDA still