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.

NBIS jumps more than 15% to a new high: Can Nebius become a long-term winner in the AI compute race?

As of June 1, 2026, based on Gate TradFi market data, NBIS’s intraday gain exceeds 15%, reaching a high of $272. The price has set a new all-time high again. Behind this strong performance, is it driven by short-term sentiment, or is there long-term, verifiable value support? Market analysts believe that the growth in AI industry compute demand far outpaces the expansion speed on the supply side. AI compute shortages will persist for at least 3 to 5 years. Hyperscale cloud providers—large tech c
NBIS-1.19%
GateInstantTrends·06-01 15:43
NBIS jumps more than 15% to a new high: Can Nebius become a long-term winner in the AI compute race?

Oil Prices Surge Over 6% on Middle East Tension Concerns

International crude oil futures prices rose during trading on June 1, with gains exceeding 6%, as market concerns intensified over escalating tensions in the Middle East. The price surge was driven by reports of potential blockade actions in strategic shipping routes. The movement reflects how
CL0.26%
LucasBennett·06-01 15:42
Oil Prices Surge Over 6% on Middle East Tension Concerns

Developer Recovers $2M in ETH Frozen Since 2016 HongCoin ICO

An Ethereum developer recovered 1,003.62 ETH, worth approximately $2 million, from HongCoin's 2016 initial coin offering contract on Sunday after the funds had been stuck for nine years due to a smart contract bug. The developer, known as 0xFlorent_, identified a workaround that allowed HongCoin's t
ETH-1.14%
EthanBrooks·06-01 15:38
Developer Recovers $2M in ETH Frozen Since 2016 HongCoin ICO