Gate Crypto Flash News and Market Updates

Anchorage Digital Bank submitted a comment letter to the Office of the Comptroller of the Currency supporting the GENIUS Act framework for stablecoin issuance as Western Union's U.S. Dollar Payment Token (USDPT) prepares to launch on Solana this month. Anchorage will serve as the federally

According to Beating, at Berkshire's shareholder meeting, CEO Abel highlighted that AI-driven electricity demand is creating new growth opportunities for the company's energy business, with half of its energy utilities already handling AI-related power requirements. In Iowa, data centers now accoun

According to President Trump, the U.S. government's unrealized gain on its Intel stake surpassed $30 billion on May 1-2, 2026, as the chipmaker's stock reached an all-time high of $100.45 during the session and closed at $99.62. The government acquired a 9.9% equity stake (approximately 433.3

According to Curve Finance, the protocol recently introduced a bad debt recovery mechanism that enables users affected by bad debt in certain lending markets to choose from multiple recovery strategies: directly sell debt positions to exit, hold and wait for potential repairs, or provide liquidity t

According to sources, GameStop CEO Ryan Cohen plans to propose an acquisition of eBay on May 2. GameStop's market cap is approximately $11 billion, while eBay is valued at around $45 billion. Following the announcement, eBay's after-hours stock price surged over 10%, while GameStop rose about 5%. Ga

According to The Block, MoonPay launched MoonAgents Card, a virtual Mastercard debit card, on Friday. The card is designed for both AI agents and users, converting stablecoins into fiat at the point of payment and enabling spending at any online merchant globally that accepts Mastercard. The card i

According to CoinDesk, Bittensor (TAO) gained 5.5% on Thursday, leading the CoinDesk 20 index higher, while Bitcoin (BTC) also performed strongly with a 1.9% gain.

According to EmberCN monitoring, LAB surged from $0.2 to $2.38 over the past month, marking a 10x gain as of May 2. A whale address that accumulated 575,000 LAB tokens at $0.2 (worth $128,000) exited its position into a centralized exchange over the past half hour. The tokens are now valued at $1.2

According to The Block, the Ethereum Foundation sold 10,000 ETH valued at approximately $23 million to Tom Lee's Bitmine Immersion Technologies on Friday, bringing cumulative sales to $47 million within a week. The latest purchase follows an identical 10,000 ETH transaction one week prior, with the

AI agent Manfred has already established a company and obtained a crypto wallet along with credentials to hire staff, make payments, and conduct business. The agent is scheduled to begin crypto trading by the end of

At XRP Las Vegas 2026 event, Ripple CEO Brad Garlinghouse celebrated the cryptocurrency's rising prominence, posting on X: "Even when our backs were against the wall, we refused to fold. Always great to be back for XRP Las Vegas, and even better to see XRP up in lights." The statement reflects on Ri

According to an attestation report prepared by independent accounting firm BDO, Tether posted $1.04 billion in net profit during Q1 2026, with excess reserves reaching a record $8.23 billion as of March 31. Tether's reserves remain heavily concentrated in short-duration, high-quality liquid instrum

According to Fortune, AI Financial, a Trump family-linked cryptocurrency company formerly known as Alt5 Sigma, acquired Block Street, a crypto infrastructure firm, for $43 million last week. Matthew Morgan, an advisor to AI Financial and CEO of Block Street, stated the acquisition was not a

According to Golden Ten, U.S. initial jobless claims fell to 189,000 for the week ending April 25, marking the lowest level since September 24, 2022.

According to data from China Financial Times, U.S. core PCE inflation rose to 3.2% year-over-year in March, meeting market expectations and up from 3% in the previous month.

According to a BusinessWire announcement on Friday, crypto onramping solution Fun completed a $72 million Series A funding round co-led by Multicoin Capital and SignalFire. The company will use the funding to expand into the Asia-Pacific region with a new Singapore office and pursue potential

According to Golden Ten, Berkshire Hathaway extended its net stock selling streak to 14 consecutive quarters in Q1 2026, with cash reserves reaching $397 billion. The company sold $24 billion in stocks while purchasing $15.9 billion, marking the largest quarterly stock sale since 2024 from its $288