Gate Cryptocurrency News and Market Analysis

A new report from Bitget and Polymarket reveals that prediction markets have evolved into a $240 billion industry, with retail users driving growth through increased trading activity across multiple asset classes and events. Market Growth and Scope According to the report, prediction markets

Venture fund Paradigm has proposed a new design that would allow Bitcoin holders to privately timestamp proof of control over vulnerable keys before quantum computers arrive, according to the proposal. The mechanism is intended to create a potential rescue path if Bitcoin ever sunsets old

MSC, the world's largest container shipping company by fleet size and cargo capacity, is launching the Europe-Red Sea-Middle East Express service starting May 10 to minimize disruption caused by the effective closure of the Strait of Hormuz. The new service will connect Europe to Middle Eastern

A European think tank, the European Policy Research Centre, has stated that the Iranian conflict is impacting European energy security, with disruptions to liquefied natural gas (LNG) supply chains being particularly severe, according to CCTV News. ## Energy Security and LNG Supply Chain Disruption

Onchain analytics firm CryptoQuant warned that Bitcoin's recent price gains represent a "speculative rally" rather than fundamental buying support, increasing correction risk. According to CryptoQuant's head of research Julio Moreno, Bitcoin rose approximately 20% in April, climbing from

Developers and industry figures have raised concerns about an eCash proposal linked to Paul Sztorc, citing user risk, uneven distribution, and philosophical tension as key issues. The proposal has been characterized as introducing hazardous elements that warrant caution within the cryptocurrency co

Bitcoin miner Riot Platforms expanded its AMD data center deal with improved financing terms, signaling a strategic pivot beyond bitcoin mining. The expansion and improved financing terms strengthen confidence in Riot's growing data center business, according to the announcement. Strategic Shift t

David Schwartz, Ripple's CTO emeritus, has backed regulatory clarity through the proposed CLARITY Act while cautioning that industry progress must not freeze future innovation. Schwartz agrees that legal certainty for established cryptocurrencies would stabilize markets and attract institutional

Canadian pension fund AIMCo has returned to investing in Strategy, Michael Saylor's bitcoin treasury company, after previously exiting the position. The fund is now sitting on a $69 million unrealized gain from the renewed investment. AIMCo's decision to re-enter the Strategy investment marks a rev

Brazil's central bank has banned stablecoins and cryptocurrency settlement in cross-border payments, according to the announcement. The ban applies to fintechs and payment firms, effectively closing the back-end payment rail for cross-border crypto flows. However, individual crypto investors

Stablecoin issuer Tether significantly expanded its reserve diversification strategy during the first quarter of 2026, acquiring more than six tons of gold bullion while simultaneously increasing USDT issuance on the Tron blockchain. The combined developments underscore Tether's approach to

Venture fund Paradigm has proposed a new design that would allow Bitcoin holders to privately timestamp proof of control over vulnerable keys before quantum computers arrive, according to the proposal. The mechanism is intended to create a potential rescue path if Bitcoin ever sunsets old

The cryptocurrency industry's largest hack and DeFi crisis of the year has prompted a reassessment of risk management, security protocols, and market structure, according to discussions between industry insiders and CoinDesk. The incident, valued at $292 million, has exposed vulnerabilities in

Prediction markets are evolving into a $240 billion industry driven primarily by retail users trading more frequently across crypto and politics, according to a new report from Bitget and Polymarket. The report indicates that prediction markets are shedding their "casino" reputation and becoming a m

Meta is facing a trial in Santa Fe, New Mexico, that could result in court-ordered changes to how Facebook, Instagram, and WhatsApp operate, according to Reuters. Attorney General Raúl Torrez filed the lawsuit accusing Meta of designing its products to addict young users and failing to protect

Berkshire Hathaway released its first earnings report under new CEO Greg Abel on May 2, 2026 (Beijing time), marking the company's financial performance in the post-Warren Buffett era. Abel assumed the CEO position on January 1, 2026. The company reported first-quarter net profit of $10.11

Developers and industry figures have raised concerns about an eCash proposal, citing user risk, uneven distribution, and philosophical tension, according to the source material. Developer Concerns The proposal is characterized as introducing multiple categories of risk to users, though specific t

Ask.com, a US search engine and question-and-answer site once known as Ask Jeeves, shut down on May 1, 2026, according to a notice on its website. Parent company IAC discontinued the business while sharpening its focus on larger revenue-generating operations, according to TechCrunch. History and

Canadian pension fund AIMCo has returned to investing in Michael Saylor's bitcoin treasury company after a prior exit, now holding an unrealized gain of $69 million, according to the report. The move represents a re-entry into the investment following the fund's earlier decision to withdraw from the