Gate Cryptocurrency News and Market Analysis

BlackRock's iShares Bitcoin Trust (IBIT) led a wave of institutional withdrawals from U.S. spot Bitcoin ETFs on May 18, 2026, recording $448.36 million in outflows, according to SoSoValue data. The entire Bitcoin ETF complex recorded $648.64 million in net outflows that day, with not a single one of

Rathnakishore Giri, 31, of New Albany, Ohio, has been sentenced to nine years in federal prison for operating a $10 million cryptocurrency Ponzi scheme. Giri pleaded guilty to one count of wire fraud in October 2024 and received an additional three years of supervised release. The scheme involved

U.S.-listed spot Bitcoin exchange-traded funds posted approximately $208.1 million in net outflows on May 18, extending the sector's recent streak of institutional withdrawals. The outflows occurred as Bitcoin traded near the $76,000 level following a sharp multi-day correction across crypto

Bitcoin fell below the $77,000 mark and briefly touched $76,000 during overnight trading as institutional selling intensified across digital asset markets. The decline marked one of Bitcoin's steepest short-term corrections of 2026 and triggered widespread liquidations across crypto derivatives

Ethereum's staking ratio has climbed to nearly 31% from approximately 29% at the beginning of the year, according to multiple on-chain data trackers and industry reports. The increase occurs despite ETH declining approximately 26% year-to-date, demonstrating that long-term holders continue

With the resignation of Ma and Beek, the Ethereum Foundation has lost five prominent developers and researchers so far this year. Ma announced his departure from the Ethereum Foundation in a post on X, writing, that the organization is fantastic, but not suited for his next steps Two prominent re

It was an admin private key breach, not a smart contract fault, according to blockchain developer ‘Marioo.’ Twelve protocols, including THORChain, Ekubo, TrustedVolumes, Transit Finance, and the Ethereum bridge of Verus Protocol, have been hacked in the last month. DeFi protocol Echo Protocol,

Opening On May 6, the XRP Ledger achieved a milestone when Ripple, JPMorgan's Kinexys, Mastercard, and Ondo Finance executed the first cross-border, cross-bank redemption of tokenized U.S. Treasuries, settling the transaction in under five seconds. Evernorth, commenting on the event, emphasized th

SHIB remains bearish, trading below all major moving averages with weak momentum signals. Shibarium grows rapidly, but low TVL keeps investor sentiment cautious and subdued. Price likely stays range-bound between key support and resistance levels short term. Shiba Inu enters the new

KKR announced on May 19 that it will sell its entire 10.57% stake in Japanese chip equipment supplier Kokusai Electric, marking the private equity firm's complete exit from the investment. The sale comes as demand tied to AI infrastructure has helped lift Kokusai Electric shares approximately 20%

Fewer than 27,000 BTC now separates Strategy and Blackrock in what has become an unprecedented contest to be the first institution to hold 1 million bitcoin. Key Takeaways: Strategy leads with 843,738 BTC against Blackrock’s 817,138 BTC, a gap of roughly 26,600 coins. Strategy overtook Black

Solana generated approximately $342 million in "chain GDP" during the first quarter of 2026, according to ecosystem analytics reports and on-chain data providers. This metric measures aggregate economic activity generated directly on-chain through transaction fees, application revenue, validator

Bitcoin Reaches 100,000-Block Countdown to 2028 Halving The Bitcoin network has officially crossed a key countdown milestone with roughly 100,000 blocks remaining before the next scheduled halving event, expected to occur in early-to-mid 2028. Bitcoin halvings occur automatically every 210,000 blo

Spot Bitcoin exchange-traded funds in the U.S. recorded $648.6 million in net outflows across seven funds on Monday, marking their largest single-day outflows since January 29. According to SoSoValue data, this extended last week's total net outflows of $1 billion, which ended a six-week positive st

AI Financial Corporation, a treasury firm chaired by World Liberty Financial CEO Zachary Witkoff, reported a net loss of $271.5 million for the quarter ended March 28, 2026, and warned that its financial conditions "raise substantial doubt" about its ability to continue operating within one year.

Japan's ruling Liberal Democratic Party (LDP) approved a policy proposal on Tuesday to build a national financial system using artificial intelligence and blockchain technology. The proposal, titled "Next-generation AI & Onchain Finance Concept," was drafted by a project team within the LDP led by p

US Criticizes China Dominance in Semiconductor Supply Chains US Undersecretary for Economic Affairs Jacob Helberg on Monday, May 18, defended the planned Economic Security Zone in New Clark City under the US-led Pax Silica initiative while sharply criticizing China's control over critical

Wego, a Dubai- and Singapore-based travel booking platform, announced on May 19 a partnership with Triple-A, a Singapore-based stablecoin payments firm, to enable customers to pay for flights and other travel bookings using supported stablecoins. The partnership targets cross-border bookings and

SEC Weighs Tokenized Stock Trading on DeFi Platforms The U.S. Securities and Exchange Commission is considering a major regulatory shift that could allow blockchain platforms to offer tokenized versions of publicly traded stocks through decentralized finance infrastructure. According to multiple r

Meta Platforms is moving ahead with plans to cut approximately 10% of its global workforce, affecting nearly 8,000 employees in one of the largest technology sector layoffs of 2026. The restructuring forms part of Chief Executive Officer Mark Zuckerberg's broader strategy to reorganize the company a