Gate Insights and Crypto Market Analysis

According to Bitcoin.com News on May 13, a U.S. district judge, William Conley, ruled on Monday that the Ho-Chunk Nation has shown a “likelihood of success” in its lawsuit alleging Kalshi violated the Indian Gaming Regulatory Act (IGRA), a precedent ruling by a federal court for the first time supporting the tribe’s position. Ruling Details: Ho-Chunk Case and 16 Tribes Supporting According to Bitcoin.com News, the Ho-Chunk Nation (a Native American tribe recognized by the federal government) fil

According to Bits.media, on May 12, the Presnensky Interdistrict Court of Moscow sentenced Binance Russia and the CIS’ former regional head, and Vladimir Smerkis (Vladimir Smerkis), co-founder of the Blum crypto platform, to five years in prison. Smerkis was found guilty of large-scale fraud under Article 159, Paragraph 4 of the Russian Criminal Code. He is 41 years old. Case details: Fraud allegations over ad promotion services According to Bits.media, Russian prosecutors said that in June 2024

According to Cointelegraph citing Politico on May 13, members of the U.S. Senate Banking Committee have submitted more than 100 amendments to a crypto bill that will be considered on Thursday. A draft copy obtained by Politico shows that Coinbase, Kraken, and Gemini had urged lawmakers to repeal a clause in the bill requiring platforms to list only “hard-to-manipulate” tokens. Core dispute over the anti-manipulation listing clause According to Politico, current CFTC rules require exchanges seeki

According to Bits.media, reported on May 13, multiple Telegram usernames and virtual vanity numbers were sold on the Fragment auction platform at record-high TON token prices; within a few hours after the trades, the attacker launched a forged USDT attack on users of the TON blockchain NFT trading platform Getgems. A Chinese collector reportedly lost more than $800k in a virtual-number code. Fragment Platform Vanity Number Deal Records According to Bits.media, the major completed deals on the Fr

According to a May 12 report by O'Keefe Media, political activist and journalist James O'Keefe recently released an undercover video on his program “On The Inside,” showing two men working in the White House making critical remarks about President Trump during conversations with an undercover reporter. O'Keefe Media explicitly stated in its report that the relevant clips have not yet been independently verified. Lott’s Recorded Comments and Written Response According to O'Keefe Media’s report, M

According to Investopedia, in a report dated May 12, investors Michael Burry, who is known for predicting the 2008 real estate market crash, published multiple posts on Substack over the weekend, saying that the recent rally in AI-related stocks “feels like the last few months of the 1999-2000 bubble,” and advising to “trim positions in stocks that are rising in a parabolic way.” Burry’s specific warnings and action recommendations According to Investopedia’s report, in his Substack article on S

On May 13, CoinTelegraph reported that JPMorgan has filed documents with the U.S. Securities and Exchange Commission (SEC) to launch on Ethereum a tokenized fund called the “On-Chain Liquidity Token Money Market Fund” (JLTXX). It would allow stablecoin issuers to deposit their stablecoin reserves into regulated cash-like instruments while earning interest. JLTXX Fund Core Terms and Design According to an SEC filing (reported by CoinTelegraph), JLTXX’s main terms are as follows: Investment target

According to a May 13 report by CommBank, U.S. stocks were mixed on Tuesday: the Nasdaq index fell 0.7% from its all-time high, closing at 26,088.20 points; the S&P 500 index fell 0.2%, closing at 7,400.96 points; the Dow Jones Industrial Average rose 0.1%, closing at 49,760.56 points. On the same day, Brent crude oil rose 3.4% to $107.77 per barrel. AI concept stocks pull back: Intel, Micron Technology, CoreWeave lead the declines According to a CommBank report, on Tuesday the biggest decliners

As of May 13, 2026, XRP is trading at $1.447 on Gate. Over the past 24 hours, the XRP price has fallen 1.52%; over the past 7 days, it has risen 2.17%. The current circulating supply of XRP is about 6.179 billion XRP, corresponding to a market cap of about $8.955 billion. Against the backdrop of the crypto asset price discovery mechanism continuously evolving, the forecast market is becoming a high-frequency window that reflects collective market expectations. A series of Polymarket contracts ar

Loongson Reaches 1 Million Unit Milestone Loongson Technology, a Chinese CPU designer, has shipped more than 1 million units of its 3A6000 desktop processor since its November 2023 launch, according to the South China Morning Post. The milestone marks a significant step in China's effort to

According to Bitcoin.com News on May 13, Michael Selig, chairman of the U.S. Commodity Futures Trading Commission (CFTC), said Tuesday at the FINRA 2026 annual conference held in Washington that the CFTC is strengthening coordination with the U.S. Securities and Exchange Commission (SEC) in the areas of regulation, rulemaking, and enforcement. He also said they have signed a memorandum of understanding, and are advancing the establishment of a crypto-asset classification framework. Selig’s Key S

According to CoinTelegraph, Bermuda’s Prime Minister David Burt announced at the Bermuda Digital Finance Forum on Tuesday that the Bermuda government plans to move some payment and financial services activities to the Stellar network as part of its plan to become a “fully on-chain national economy.” The government also announced that, after completing a risk assessment, it will be able to accept and invest in digital assets. Stellar Migration Plan: What’s Driving High Payment Processing Fees Acc

According to a statement made by Bitdeer Group Chairman Wu Jihan on X on May 12, Wu Jihan said: “The next target for GPU deployment is 10k units, then 100k units, and then 1 million units.” On the same day, Bitdeer released its April unaudited production and operations update, with AI cloud business annual recurring revenue (ARR) up 60% month over month to $69 million. AI Cloud Business: ARR Rises 60% Month over Month to $69 Million (Source: Bitdeer) Based on Bitdeer’s April operating update, th

According to the official disclosure by BNB Chain on May 12, the total value locked (TVL) of real-world assets (RWA) on the BNB Chain network has officially surpassed $4 billion, hitting an all-time high. In the same period, BNB Chain’s ecosystem sector rose by about 4% week-on-week, with the sector’s market cap reaching approximately $175 billion. Background of the RWA TVL Breakthrough and Sector Market Performance Per BNB Chain’s official disclosure, on-chain RWA TVL has continued to grow at a

Bitcoin (BTC) makes a slight rebound in the short term, temporarily trading around $81,000 as of May 13. Aave announced that the first phase of the rsETH technical recovery plan has been completed, and related work will be gradually restored over the coming days. Wall Street’s first Hyperliquid ETF has been launched; its closing day trading value was $1.8 million, with performance described as “very solid”. Macro Events & Crypto Market Hot Spots 1、In an official Aave announcement, the first batc

Yuanta Securities, Taiwan's largest brokerage by trading volume, and Fubon Securities are seeking syndicated loans totaling about NT$30 billion (US$955 million) to fund working capital as a stock market rally lifts demand for investor financing, according to Bloomberg. Yuanta is discussing about NT$

According to BeInCrypto, reported on May 13, the T1 gold smartphone of Trump Mobile—a wireless brand supported by the Trump Group—has failed to deliver before the announcement date four times in a row since its launch in June 2025, and it has now been more than 11 months. According to an update to the pre-order terms on April 6 by T1 Mobile LLC, a $100 deposit does not guarantee that the device will be produced or made available for purchase. Four Failed-Delivery Timeline (Source: The Trump Orga

According to CoinTelegraph’s report on May 13, the U.S. Senate on Tuesday formally confirmed Kevin Warsh as a Federal Reserve (the Fed) governor, by a vote of 51 in favor and 45 against, for a 14-year term. The Senate then passed a motion immediately to initiate the confirmation process for Warsh to become Chair of the Fed (a four-year term), with the Chair’s confirmation vote potentially held as early as May 13 local time. Details of the Governor Confirmation Vote and Warsh’s Background Accordi

Meta is testing a new Threads feature that allows users with public accounts to mention @meta.ai in posts and replies to receive answers and context, according to TechCrunch. The beta rollout is currently active in Malaysia, Saudi Arabia, Mexico, Argentina, and Singapore. Feature Functionality Th

Google is rolling out Intrusion Logging, an opt-in Android feature in Advanced Protection Mode that records security events to help researchers investigate spyware and forensic device attacks on phones, according to TechCrunch. The feature is available on devices running Android 16 December update a