Gate Cryptocurrency News and Market Analysis

Gate News covers crypto market trends, price movements, project developments, and in-depth analysis to help you stay informed with essential crypto insights.

Latest Article

More

Musk announced that xAI has officially been renamed to SpaceXAI, and has been fully merged into SpaceX

According to an announcement by Elon Musk on X on May 6 local time, xAI will no longer exist as an independent company, with the entire operation folded into SpaceX and renamed SpaceXAI. On the same day, SpaceXAI completed a computing power collaboration agreement with AI research company Anthropic, allowing it to use more than 300 megawatts (MW) of computing resources from the Colossus 1 supercomputer system.
MarketWhisper·5m ago
news-image

U.S. Senator: The CLARITY Act could be voted on as early as before August, with moral provisions as a key prerequisite

U.S. Senator Kirsten Gillibrand said at Consensus 2026 on May 6 that if the CLARITY Act reaches consensus on consumer protection, illegal finance regulation, and ethical standards, and if the draft market structure bill can be merged with the version from the Senate Agriculture Committee, and if it ensures the inclusion of ethical standards provisions, the Senate could vote on it by August 10.
MarketWhisper·7m ago
news-image

Pi Network founder attends Consensus 2026 and delivers a speech on identity verification in the AI era

According to an announcement from Pi Network’s official X account, Pi Network co-founder Chengdiao Fan delivered a speech at Consensus 2026 in Miami, USA on May 6 on “Practical Integration of Web3, AI, and Blockchain,” while Kokalys participated on May 7 in a discussion titled “How to Prove You’re Human in an AI World.”
PI-3.7%
MarketWhisper·11m ago
news-image

Aave liquidates the Kelp DAO attacker’s positions, and the Arbitrum vote approves unfreezing rsETH

According to Aave’s May 7 announcement, the Arbitrum DAO voting to unlock ETH related to the April 18 rsETH incident has reached the quorum, with over 1,600 addresses, receiving unanimous support from the community. On the same day, Aave, following its established governance procedures, completed the liquidation of the remaining rsETH positions in the Aave protocol held by the attacker of Kelp DAO.
AAVE-0.8%
ARB3.16%
ETH-1.82%
MarketWhisper·18m ago
news-image

HawkEye 360 Raises $416M in NYSE IPO, Valued at $2.42B

HawkEye 360, a Herndon, Virginia-based space analytics company, raised US$416 million in its initial public offering on May 6, valuing the company at approximately US$2.42 billion, according to Reuters. The company's shares are set to begin trading on the New York Stock Exchange under the ticker
CryptoFrontier·35m ago

Germany plans to scrap one-year Bitcoin holding tax exemption and switch to a stock tax treatment model

According to Bitcoin News on May 7, Germany’s Finance Minister Lars Klingbeil confirmed that Germany’s government is planning to adopt “different” tax policies for Bitcoin and crypto assets, with the direction possibly being to scrap the current mechanism that exempts holdings held for more than one year from tax and align the tax treatment of Bitcoin with stock assets.
BTC-0.15%
MarketWhisper·39m ago
news-image

DoorDash Q1 Orders Miss Estimates Amid Tech Spending

Q1 Earnings Results DoorDash reported mixed first-quarter results on May 1, 2024, as spending on technology and expansion reduced profit despite higher order volumes, according to CNBC. Total orders rose 27% to 933 million but missed analyst expectations of 954 million. Net income fell to US$184 m
CryptoFrontier·1h ago

Gate Daily Report (May 7): The White House will announce Bitcoin reserves “in the next few weeks”; Samourai co-founder calls for crypto donations

Bitcoin (BTC) gave back the overnight gains, trading at around $81,000 as of May 7. White House adviser Patrick Witt said the latest update on the U.S. Bitcoin reserve will be released “within the next few weeks.” Samourai Wallet co-founder called for donations of Bitcoin from the federal prison, and President Trump’s hopes for a pardon are slim.
BTC-0.15%
ETH-1.82%
DOGE-3.82%
MarketWhisper·1h ago
news-image

DeepSeek Raises Funding at $45B Valuation Amid AI Competition

Chinese AI lab DeepSeek is in talks to raise its first funding round at a reported US$45 billion valuation, according to TechCrunch. The valuation marks a significant increase from an estimated US$20 billion valuation just weeks earlier, following attention drawn to the company's AI models for
CryptoFrontier·1h ago

American Bitcoin Q1 financial report: Bitcoin reserves rise to 7,021, with a net loss of $82 million

According to reports by Bloomberg and Reuters on May 7, American Bitcoin Corp. (ABTC), a Bitcoin mining company supported by the Trump family, released its first-quarter 2026 financial results, posting a net loss of $82 million, widening from a $59 million loss in the fourth quarter of 2025; its mining output for the quarter was 817 BTC, and as of March 31 total Bitcoin holdings rose to 7,021 BTC.
BTC-0.15%
MarketWhisper·1h ago
news-image

Project Eleven Warning: 6.90 million BTC face a quantum threat, with Q-Day earliest in 2030

In the post-quantum security space, the startup Project Eleven published a report on May 6, warning that the earliest possible arrival of the quantum computers surpassing the critical point of modern cryptography (Q-Day) may be as early as 2030, with a probability exceeding 50% for occurrence by 2033. The report also estimates that, under certain conditions, around 6.9 million bitcoins face potential quantum attack risk, and it calls on the cryptocurrency ecosystem to accelerate the anti-quantum migration process.
BTC-0.15%
MarketWhisper·1h ago
news-image

Bitcoin falls back to $81k, and Fed officials do not rule out the possibility of “another rate hike”

According to public statements issued on May 7, 2026 by multiple Federal Reserve officials, several Fed officials warned that US inflation risks are heating up again; interest rates may remain at high levels for a longer period, and the possibility of further rate hikes is not ruled out. After Bitcoin (BTC) briefly broke through $82,000 on Wednesday to hit a three-month high, it fell again on Thursday to around $81,000.
BTC-0.15%
MarketWhisper·2h ago
news-image

Apple Lifts R&D to 30-Year High on AI Investment Push

Apple spent 10.3% of revenue on research and development in its March quarter, marking its highest R&D share in at least 30 years as the company intensifies AI development, according to CNBC. R&D spending rose nearly 34% year-over-year while revenue increased 17%, according to the company. The compa
CryptoFrontier·2h ago