Gate Cryptocurrency News and Market Analysis

The drums for the 2026 NBA Finals are about to sound. The Western Conference champion San Antonio Spurs and the Eastern Conference champion New York Knicks will officially kick off their best-of-seven ultimate showdown at 8:30 a.m. Beijing time on June 4 at Frost Bank Center. This is the Spurs’ first trip back to the Finals in 12 years, and it’s also the Knicks’ first time reaching the Finals in 27 years. How the 64% and 37% distributions form Gate prediction market data shows that, in markets r

SpaceX plans to price its initial public offering at $135 per share, issuing approximately 556 million new shares to raise about $75 billion, according to sources cited by foreign media on June 2 local time. The rocket and AI company owned by Elon Musk targets a valuation of roughly $1.75 trillion t

Galaxy Research analyst Alex Thorn confirmed on X that a Bitcoin address dormant since March 27, 2011 transferred 35.55 BTC (about $2.54 million) on June 2 at block height 952104. The address had previously been listed as a defendant in a New York abandoned property lawsuit. Noah Doe Lawsuit Core Claims: A Legal Loophole in the “Below $10 Valuation” Strategy Key parameters of the case: Case number: 153119/2026, filed March 11, 2026 Target addresses: 39,069 dormant Bitcoin addresses Claimed holdi

According to monitoring by PeckShield, the collateralized stablecoin sUSDat, 100% supported by STRC (Strategy Digital Credit Assets), briefly fell to below $0.93 on June 3, before rebounding to $0.98. PeckShield noted that this volatility occurred after Strategy symbolically broke its “never sell” principle. Strategy Sold 32 BTC: Confirmed Average Price, Amount, and Proportion The BTC sale data confirmed by Strategy during the reporting period are as follows: Amount Sold: 32 BTC Average Price: a

CFTC Chair Michael Selig said on June 2 during an interview on CNBC’s “Squawk Box” that the CFTC’s enforcement action against the Gemini exchange earlier was part of the Biden administration’s “weaponization of federal agencies.” This is the first time the CFTC has commented publicly on this case since last week, when it filed a request with a New York federal judge to lift a January 2025 injunction. CFTC’s request to lift the January 2025 injunction: confirming the terms Last week, the CFTC ask

The Blockchain Association sent a letter on Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Charles Schumer expressing strong support for the Clarity Act. The letter, signed by 160 former national security and law enforcement officials, urged the Senate to pass the

Microsoft unveiled its Majorana 2 quantum chip on Tuesday during its annual Build conference, announcing the device is 1,000 times more reliable than its predecessor. The chip achieves average qubit lifetimes of 20 seconds, with some lasting up to one minute, improvements the company attributes to

Strategy Inc. sold 32 BTC for $2.5 million during the May 26-May 31 period to fund preferred stock dividends, according to a June 1 SEC filing. The company sold the bitcoin at an average price of $77,135 while maintaining total holdings of 843,706 BTC. The sale highlights treasury management

Veteran economist Peter Schiff has renewed his bearish outlook on Bitcoin, warning that the leading cryptocurrency could fall to $20,000 or lower if it loses critical support levels. Schiff shared his latest forecast in February 2026, arguing that a drop below the $50,000 level could trigger a

Gold overtook U.S. Treasuries in global official reserves by market value, the ECB said. The move reflected a 60% gold rally and rising demand for reserve diversification. Key Takeaways: Gold reached 27% of official reserves, topping Treasuries at 22%. Valuation gains drove much of gold’s r

On June 2, OpenAI released six professional plug-ins for Codex, covering six roles: data analyst, creative production, sales, product designer, stock investor, and investment banker. In total, it integrates 62 popular business applications, covering 110 automation skills. According to an internal OpenAI report, non-engineer users account for 20% of Codex’s weekly active users, but their adoption rate is 3 times that of engineer users. Six Professional Plug-in Specs: Confirmed Roles, Integrated A

GameStop (GME) filing documents submitted to the U.S. SEC on June 2 show that net income in the first quarter of 2026 reached $389.6 million, setting the company’s highest quarterly profit record. Revenue grew 14% year over year to $835.3 million, with the main momentum coming from the collectibles business, which rose 65% year over year. On the same day, the board of directors approved a $2 billion stock repurchase plan. First-Quarter Financial Report Key Figures GameStop’s key metrics for the

According to a June 1 report by 404 Media, Meta has confirmed that hackers exploited a security vulnerability in its AI customer service chatbot to successfully take over multiple well-known Instagram accounts. Affected accounts include the official Instagram account from the Obama White House period of former U.S. President Obama, well-known cosmetics brand Sephora, and the official account of the U.S. Space Force’s Chief Master Sergeant. Complete Attack Chain: How the AI Customer Service Was B

OpenAI announced on May 27 that it has launched the Secure MCP Tunnel service, allowing ChatGPT, Codex, and the Responses API to directly connect to private MCP servers within an enterprise network. OpenAI’s official support enables enterprises to deploy a single MCP server setup, which can be accessed by both ChatGPT and Claude systems. Reverse-connection architecture: how tunnel-client builds a connection from inside the intranet The core component of Secure MCP Tunnel is tunnel-client, which

Microsoft announced at the June Build conference that it is rolling out seven new AI models, covering reasoning, code, images, transcription, and speech. In four core programming benchmark tests, MAI-Code-1-Flash outperformed Claude Haiku 4.5 across the board, and on SWE-Bench Verified, token usage was reduced by up to 60%. List of 7 models: full coverage across five major areas At the Build conference, Microsoft has publicly released six models with complete names: MAI Thinking-1 (reasoning), M

Taiwan’s weighted index and Bitcoin markets decoupled on June 3. Driven by US stocks hitting consecutive five-day intraday closing highs and the AI boom, Taiwan stocks, led by TSMC, broke through the 46,000-point level. On the same day, Bitcoin’s single-day drop was about 6%, with a low around $66,100, triggering forced liquidation of more than $1.7 billion in long positions. K33 Research research head Vetle Lunde warned that AI stocks are snatching capital from Bitcoin. Taiwan stocks open with

Meta’s Vice President of the Supervised Intelligence Lab, Steven Castriel, announced in an internal memo on June 2 that Meta is partially rolling back its employee mouse movement and keyboard input tracking program. Employees can now pause the tracking software for up to 30 minutes at a time, and can apply for a full exemption. The program originally began on April 22, using software installed on U.S. employees’ laptop computers for training AI agent systems. Original Monitoring Plan: Started on

Strategy’s 32 BTC sale has turned a small transaction into a larger test for corporate bitcoin treasuries. The issue is no longer only whether public companies hold BTC. Investors are now watching how those companies meet cash obligations while trying to preserve exposure. Key Takeaways: Strat

According to Sensor Tower data, ChatGPT, an OpenAI product, surpassed 1 billion monthly active users worldwide in May, becoming the fastest application to reach this milestone speed ever. The report said that among ChatGPT users who installed Anthropic Claude in the United States in Q1 2026, time spent on ChatGPT was 5% lower one month later than the average over the previous eight months. ChatGPT’s growth trajectory: from saturation warnings to 1 billion users From August to November 2025, Chat