Gate.ioNewsBot

Gate News bot message, according to Gate market data, the BTC_USDT price has broken through 103000 USDT, current price 103019.7 USDT. 24-hour drop is 1.39%.

According to the Gate.io News bot, the latest analysis report from QCP shows that after the US and China reached a temporary tariff reduction protocol, the prices of Bitcoin and Ethereum stabilized after a brief pullback, with Bitcoin priced around $103,000 and Ethereum near $2,400.
Data shows that the market dominance of Bitcoin has fallen below 63%. Ether shows strong performance against the backdrop of the Pectra upgrade and increased options demand. At the same time, overall market volatility has decreased, with the implied volatility of Bitcoin dropping by more than 5 percentage points, and the VIX volatility index falling to 18.
QCP pointed out in the report: "ETH is expected to become the main asset for allocation in the next phase."

Gate.io News bot message, according to SoSoValue data, on May 12 (Eastern Time), the Ethereum Spot ETF market experienced a total net outflow of $17.5871 million, with all nine ETF products recording fund outflows. Among them, Grayscale Ethereum Trust ETF (ETHE) had a net outflow of $9.6114 million, making it the largest single net outflow of the day. The data also shows that the historical cumulative net outflow scale of ETHE has reached $4.313 billion.

Gate.io News bot message, according to Nansen data, a Crypto Assets Whale Address (0x454cf3892a949c94569ab2663090ecdca811a6f0) completed a large transaction. The address purchased 4,586.79 ETH for 67 WBTC (approximately 6.85 million USD) and 4.41 million USD DAI, with a transaction price of 2,455 USD per ETH.

Gate.io News bot message, YZi Labs officially announced the investment terms details of its global incubation program EASY Residence. The program focuses on startups in the Web3 and AI sectors, providing a total investment support of $500,000 for each selected project.
Investment funds will be released in two phases: the first phase will provide $150,000 in the form of a Simple Agreement for Future Equity (SAFE) to acquire 5% equity and related rights; the second phase will add a $350,000 unlimited SAFE investment in the next round of financing after the demo day.
Source: Wu Says

According to Gate.io News bot, Decrypt reported that Arizona Governor Katie Hobbs made decisions on three crypto asset-related bills. Hobbs vetoed SB 1373 digital asset strategic reserve fund bill and SB 1024 state government crypto asset payment bill.
At the same time, Hobbs signed the HB 2387 bill. This bill establishes new regulatory requirements for Crypto Assets ATMs, including: operators must display multilingual fraud warnings, new users have a daily transaction limit of $2,000, existing users have a limit of $10,500, provide 24-hour customer service, and implement anti-money laundering protocols.

Gate.io News bot message, former Aptos co-founder and CEO Mo Shaikh announced via social media that he currently holds approximately 98% of APT Tokens and also possesses a considerable amount of SUI Tokens. It is reported that Mo Shaikh announced his resignation as CEO in December 2023 but continues to serve as a strategic advisor to Aptos Labs.
Source: Wu Says

According to the Gate.io News bot, the Financial Times reported that Hong Kong encryption investment company Animoca Brands is preparing for a listing in New York. The company's co-founder Yat Siu pointed out that the Trump administration's loose regulatory policies on encryption assets have created a "unique opportunity" to enter the world's largest Capital Market.
Animoca Brands is currently valued at nearly $6 billion, with a portfolio that includes well-known companies such as OpenSea, Kraken, and Consensys. Yat Siu revealed that the company did not plan to go public in the U.S. last year, but now believes that "the U.S. market has become unmissable." Animoca Brands is exploring various equity structure options, and an IPO announcement will be released soon.

Gate.io News bot message, latest news, a large-scale survey targeting the usage trends of Chinese-speaking users on Centralized Exchanges has officially launched. This survey aims to gain in-depth insights into the behavioral characteristics of Chinese-speaking users regarding their habits, preferences, and trends when using Centralized Exchanges.
The survey is conducted anonymously, and the collected feedback will be directly provided to leading exchanges and industry organizations to assist in service optimization and promote transparency in the industry. Users participating in the questionnaire survey can share a reward of 500U.

Gate.io News bot message, the federal court in California dismissed a class action lawsuit against Caitlyn Jenner and her partner Sophia Hutchins. British investors stated in the lawsuit that they incurred losses exceeding $40,000 due to holding JENNER Meme coin.
The judge pointed out in the ruling that the plaintiff failed to provide sufficient evidence to prove that the transaction was subject to U.S. law, but granted the plaintiff a deadline until May 23 to submit supplementary evidence. The court documents show that the plaintiff accused the Jenner team of issuing a token of the same name on the Solana and Ethereum blockchains, leading to a drop in the token's price, while also promoting a pet coin named BBARK. According to Decrypt, the incident is linked to the trader Sahil Arora.

Gate.io News bot message, a detailed research report elaborates on the market landscape of MEV (maximal extractable value) in the Solana ecosystem. The report shows that Jito has rapidly increased its market share from 15% to 95% over the past 3 years, becoming the industry leader.
The system architecture of Jito consists of three core services: block-engine, jito-solana, and jito-relayer. The report compares the system differences between Solana and Ethereum, pointing out that the lack of a memory pool and the predictable leader mechanism in Solana are the technical reasons for the frequent MEV activities.
The report also introduced other market participants, including Paladin, bloXroute, and BlockRazor. Jito contributes to reducing network downtime, expanding application scenarios, and enhancing staking yields, but there are also controversial issues such as squeezing space for ordinary users.
Source: Author Shisi Jun

According to the Gate.io News bot and CNBC, Trump made a statement on Monday morning indicating that after the 90-day suspension period ends, the tariff levels on Chinese goods will not return to 145% even if a long-term agreement is not reached, but there will still be a significant increase. At the same time, the US confirmed that it will continue to impose tariffs on certain products such as Chinese steel and aluminum, as it did before early April.

According to Gate.io News bot, Decrypt reported that the Australian government has appointed Andrew Charlton as the Assistant Minister for Technology and Digital Economy and Cabinet Secretary.
Against the backdrop of strengthening digital asset regulation in Australia, new regulatory provisions require major cryptocurrency platforms to obtain an Australian financial services license while providing exemption policies for small businesses and non-financial service institutions.
This regulatory reform plan aligns with international standards such as the EU's MiCA and Singapore's Payment Services Act.

According to Gate.io News bot, as reported by Wu, the Japanese listed company Metaplanet has announced an issuance of $15 million zero-interest ordinary bonds, with the funds raised to be used for purchasing additional Bitcoins.

According to the Gate.io News bot and a report from Guangming Daily, the Shanghai Pudong police have successfully cracked a case involving the use of virtual coin Wallets for fraud and Money Laundering. The gang used "job recruitment" as a cover, assisting scammers in their Money Laundering activities by signing up for virtual coin Wallets. The case began when Mr. Tang from Shanghai clicked on a phishing link in a "cash on delivery" SMS and filled in his bank card information, resulting in a total loss of over one million yuan.
The Pudong police, after investigation, successfully captured 11 criminal suspects in Qingpu from April 22 to 23. Among them, the main suspects, Miao and Wang, have been criminally detained, and another 5 involved personnel have been subjected to criminal coercive measures for suspected concealing and disguising the proceeds of crime. Currently, the police have successfully frozen some of the involved funds, and the case is under further investigation.

According to Gate.io News bot reports, Solana co-founder Toly recently proposed a new concept of Meta blockchain ( meta blockchain ). This concept mainly involves publishing data to multiple blockchain platforms such as Ethereum, Celestia, and Solana, and integrating this data into a single order through specific rules, thus achieving the most economical data availability ( DA ) services.

According to Gate.io News bot, SBS Biz reported that the South Korean Democratic Party announced that its Digital Asset Committee of the presidential election preparation committee is about to hold its first meeting.
The committee established two special groups: the Industry Growth and Innovation Group, and the Policy and Legal Framework Group. The goal of establishing these two groups is to create a collaborative system between policy advisors and the private sector.
Source: SBS Biz

Gate.io News bot message, the Radiant DAO community has released a compensation proposal for the losses caused by the infinite authorization vulnerability. This proposal pertains to the vulnerability incident that occurred on October 16, 2024, on Arbitrum and BNB Chain, where the losses amounted to 7.7 million dollars in 2024 and 1.2 million dollars in the first quarter of 2025.
The compensation plan adopts the form of stablecoins, implementing a 30% discount on losses in 2024 and a 60% discount on losses in 2025. The priority of this compensation is set lower than that of the depositor compensation plan (RFP-47). The community is currently voting on the source of the compensation funds, including two options: shared by the DAO and partners or no compensation.
Source: Wu Says

According to the Gate.io News bot, the price of BTC_USDT has dropped below 102000 USDT, with the current price at 101999.8 USDT. The 24-hour decline is 1.95%.

According to the Gate.io News bot, a large investor closed long positions in Ethereum (ETH) and Ripple (XRP) during the market pullback, realizing a profit of about 7.5 million USD.
The Large Investors previously established long positions during the early rise of Ethereum, once gaining over $10 million in unrealized profits. Eight hours ago, they also opened approximately $12 million in 2x leverage long positions on XRP, achieving $261,000 in unrealized profits.
Currently, the Large Investors still hold a long position of $15.4 million in Solana(SOL), with a temporary loss of $560,000.