Gate Cryptocurrency News and Market Analysis

New York Attorney General Letitia James secured more than $5 million from crypto platform Uphold over its promotion of CredEarn, a third-party yield product that collapsed when its operator Cred LLC filed for bankruptcy in November 2020, according to the attorney general's office.

Onchain data shows 793.36 sleeping bitcoins changed hands between May 1 and May 3, 2026, with a notable portion traced back to wallets that had not moved coins since 2011. Key Takeaways: Onchain data shows 793 BTC spent May 1-3, 2026, with 56 of 62 outputs originating from 2016 wallets. A

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

Onchain analytics firm CryptoQuant has characterized Bitcoin's April price surge as a "speculative rally" driven primarily by perpetual futures demand rather than fundamental buying support, warning of increased correction risk. According to CryptoQuant's analysis, Bitcoin rose approximately 20% in

## Prediction Markets See First Volume Decline After Seven-Month Rally Polymarket and Kalshi's combined monthly trading volume declined in April, ending a seven-month streak of record highs, according to The Block's data. Despite the monthly decline, the two leading prediction markets reached a com

A report from Bitget and Polymarket reveals that prediction markets are evolving into a $240 billion industry, with retail users driving growth through more frequent trading across crypto and politics. ## Market Evolution and Retail Participation According to the Bitget and Polymarket report, pred

Venture capital firm Andreessen Horowitz submitted an 18-page comment letter to the Commodity Futures Trading Commission on Friday, supporting federal oversight of prediction markets and opposing state-level regulatory actions. According to the letter, actions taken by state regulators against predi

On May 1, 2026, lawyers for terrorism victims served Arbitrum DAO with a restraining notice barring movement of 30,766 ETH (~$71.1 million) frozen by the Arbitrum Security Council on April 20 following the Kelp DAO exploit. According to the notice, the funds are subject to attachment under U.S. law

Figure achieved a $1 billion monthly milestone, capping a years-long effort to remove intermediaries from credit markets and move real-world assets, lending, and equities onto blockchain networks. The company's strategy focuses on bringing traditional financial infrastructure onchain, with an

Dennis Porter, founder of Satoshi Action, explained that the U.S. government and military are shifting their perspective on Bitcoin from a purely financial investment to a critical component of national defense. According to Porter, Bitcoin is increasingly being considered a "national security

Chris Perkins, CEO of 250 Digital Asset Management, stated that the long-term development of the cryptocurrency sector "will not be a problem" even if the U.S. Congress fails to approve the proposed CLARITY Act, which includes regulations for the cryptocurrency market. According to Perkins,

Brazil's central bank has banned stablecoin and crypto settlement in cross-border payments for fintechs and payment firms. The ban closes the back-end payment rail for cross-border flows, according to the announcement. Individual crypto investors retain the ability to buy and hold digital assets

Key Insights: BNB holds above 600 as traders lock profits while attention shifts toward Osaka. The Mendel upgrade is expected to influence short-term price direction. Fast finality and fee stability improvements aim to attract institutional usage, while increased activity could accelerate to

Key Insights The Solana price compresses near the triangle apex as the EMA cluster and CRT range align, creating conditions that often precede sharp directional volatility expansion. The quantum readiness report confirms Falcon integration, ensuring Solana can activate post-quantum

Key Insights A single SHIB wallet sold 800 billion tokens for $4.9 million, yet still controls over 99 trillion tokens in remaining holdings. SHIB price remains range-bound between $0.0000060 support

Key Insights A single SHIB wallet sold 800 billion tokens for $4.9 million, yet still controls over 99 trillion tokens in remaining holdings. SHIB price remains range-bound between $0.0000060 support

Key Insights: Chainlink trades within a narrowing range as buyers defend support while sellers cap gains, creating a compression pattern that often precedes strong directional price moves. Momentum weakens near resistance despite price holding above key averages, indicating reduced bullish s

Key insights Solana trades near $83 after repeated rejection below $90, forming a rounded top pattern that signals weakening bullish momentum across lower timeframes. The $78 to $80 support zone remains critical, as a breakdown could trigger further downside toward $75 and possibly extend lo

Developers and industry figures have raised concerns about Paul Sztorc's eCash proposal, citing user risk, uneven distribution, and philosophical tension, according to industry commentary. The proposal has been characterized as 'hazardous' due to these issues. Note: The source material provided con