According to the latest data from Sensor Tower, China's non-gaming mobile apps will continue to show strong momentum in the global market in May 2025. The three main tracks of short dramas, e-commerce, and AI tools continue to make great progress, and Latin America and Southeast Asia have become hot spots for growth. Among them, TikTok is still leading the short video field, and the overseas monthly active users of mobile terminals exceeded the 1 billion mark for the first time; The number of downloads of CapCut has been stable at around 33 million in a single month.
Gate News bot message, Shopify is launching support for USDC payments, allowing consumers to pay with stablecoins through Shopify Payments and Shop Pay. This feature is launched on the Base blockchain, starting a preview this week and will expand to more merchants in the coming months. According to Shopify CEO Tobi Lütke, this integration is supported by a brand new smart contracts payment protocol designed specifically for e-commerce.
The cryptocurrency department a16z crypto under Andreessen Horowitz stated in a report that Blockchain can guide artificial intelligence toward user ownership and open standards. The paper argues that core context and "agent passports" should be stored in hosted wallets, enabling instant access to preferences for any large language model interface without the need for retraining. A blockchain-based identification layer will allow agents to carry verifiable ownership, capabilities, and payment detail records across email, Slack, and other platforms. At the same time, with the surge of generative models, identification systems like World ID from World Chain can help filter Bots.
According to the Gate News bot, on-chain analyst Ai Yi monitored that Hyperliquid gambler (known as Insider Brother) is shorting BTC while buying ETH: before opening a BTC 40x short order at 3 AM, he spent 4 million USDC to buy 1,461.63 ETH at an average price of 2,736.67 USD, and currently has unrealized losses of 392,000 USD.
According to the Gate News bot, on-chain analyst Yu Jin monitored that "a Whale/institution that made a profit of 30.45 million USD through two ETH swing trades" has used 127 million USDC to buy the dip by purchasing 48,800 ETH in the last 6 hours after today's fall. After making a profit of 30.45 million USD from two ETH swing trades a while ago, they started their third ETH purchase on the 11th, spending 46.494 million USDC to buy 16,500 ETH at that time. This morning, after a significant fall in ETH, they continued their ETH purchases. So far, they have transferred a total of 127 million USDC to Wintermute and CEX, acquiring 48,825 ETH back to their address. In other words, their third ETH swing trade has currently accumulated a total expenditure of 174.1 million USD to purchase 65,325 ETH at an average price of 2,665 USD. They are currently in an unrealized losses state.
Gate News bot news, Santiment stated on social media that Bitcoin Spot ETF has seen over $970 million in inflows in the past three days, compensating for outflows from the past few weeks. It is worth following whether institutional investors' funds will continue to flow in during the sluggish period of the latter half of the week.
Gate News bot reports that BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) saw a market size increase of approximately 1 billion USD from March 26 to June 11, accounting for about half of the 2 billion USD increase in the U.S. tokenized treasury market during the same period. According to data from rwa.xyz, as of June 11, the size of BUIDL was 2.89 billion USD. It is the largest tokenized money market fund, comprising 40% of a 7.34 billion USD market. March 26 is a significant benchmark as Ethena Labs stopped increasing its holdings in the fund on this day to support its USDtb stablecoin. In 2025, USDtb drove most of BUIDL's growth, putting 90% of its reserves into the fund, totaling 1.3 billion USD. Thus, without Ethena's push, BUIDL achieved a remarkable 35% growth in less than three months, indicating a sustained demand for regulated high-yield cash instruments on-chain.
According to Gate News bot, monitored by on-chain analyst Ai Yi, ETH has returned below 2500 USD. Over the past 2 hours, two addresses have cumulatively built a position of 4059.36 ETH on-chain, worth 10.78 million USD, with an average cost of 2655 USD: Address 0x113...439a4: average price 2655 USD for buying 1084.98 ETH, about 2.88 million USD; Address 0xc72...a839D: average price 2655 USD for buying 2974.38 ETH, about 7.89 million USD.
Gate News bot message, U.S. Senator Chris Murphy stated that the attacks on Iran "are clearly intended to undermine negotiations between the Trump administration and Iran" and "risk a regional war that could have catastrophic consequences for the U.S." The Democratic senator said that a war between Israel and Iran "could be beneficial for Netanyahu's domestic politics," but could be disastrous for "other countries in the region." "If Trump and Netanyahu hadn't forced the U.S. to withdraw from the nuclear deal with Iran, Iran wouldn't be so close to having nuclear weapons," Murphy said.
Gate News bot news, the US SEC officially withdraws several encryption regulatory proposals, including expanded custody rules, Decentralized Finance exchange rules 3b-16, and strengthened ESG reporting requirements from the Gensler era.
Gate News bot news, Spot gold has risen by 50.08 USD intraday, currently reported at 3435.87 USD/ounce, with an increase of 1.48%. In addition, WTI crude oil futures have surpassed 75 USD/barrel, rising 10.23% intraday.
Gate News bot reported that Nick Ruck, head of LVRG Research, stated that the crypto assets market is facing selling pressure due to Israel's airstrikes in Iran prompting investors to turn to safer investments. Ruck said: "The rise in geopolitical risks has led investors to turn to safer assets, and market participants expect crypto asset valuations to face pressure in the short term." Presto Research analyst Min Jung commented on the impact of Israel's airstrikes on Iran, saying: "Oil prices have broken $70 per barrel for the first time in three months, and the crypto assets market is undergoing significant dumping."
According to the Gate News bot, on-chain data monitored by Onchain Lens shows that a Whale investor deposited 8.7 million USDC into the HyperLiquid platform, and then purchased 77,353.84 HYPE Tokens at a price of 38.68 USD each, with a total transaction value of approximately 3 million USD. Data also shows that the investor is currently staking 799,698 HYPE Tokens on the platform, with a staking value of approximately 30.77 million USD. Source of information: Wu says.