Gate Cryptocurrency News and Market Analysis

Trading firm Jane Street filed a motion to dismiss in Manhattan federal court on Thursday, seeking dismissal of the insider trading lawsuit brought by Terraform Labs’ bankruptcy administrator, and asking the court to close the case with prejudice and bar Terraform from bringing the same lawsuit again. In its motion, Jane Street argued that the Terraform fraud scheme has already been tried in court and penalized, and that the complaint is internally inconsistent.

The Office of Science and Technology Policy (OSTP) in the White House, in an official statement released on April 23 by Presidential Assistant Michael J. Kratsios, said that the Trump administration has information indicating that foreign entities (mainly based in China) are intentionally targeting major U.S. artificial intelligence companies. They are systematically extracting U.S. AI model capabilities through “tens of thousands of agent accounts” and jailbreaking technology, and are simultaneously announcing four response measures.

Tether froze over US$344 million in USDt across two Tron network wallets on April 23, 2026, in coordination with US law enforcement and the Office of Foreign Assets Control (OFAC), according to an announcement by the company. The action targeted addresses holding approximately US$213 million and US$

According to Cointelegraph’s report on April 24, Morgan Stanley has launched the “Stablecoin Reserves Portfolio,” a government money market fund designed specifically for stablecoin issuers, whose structure complies with the proposed 100% reserve backing requirements of the “GENIUS Act.”

According to the Q1 2026 Bitcoin Quarterly Report released by ARK Invest on April 24, the holdings of Bitcoin “confidence buyers” increased from 2.13 million BTC to 3.60 million BTC, up 69% quarter-over-quarter. ARK Invest said that the key support range for the cyclical bottom as defined by the firm ($54,000 to $50,000) was not tested by the end of the first quarter.

DeepSeek officially launched the V4 preview series on April 24, with open-sourced model weights under the MIT license, and the model weights have been also released on Hugging Face and ModelScope. According to the DeepSeek V4 technical report, V4-Pro-Max (the highest inference intensity mode) scored 3206 points on the Codeforces benchmark, surpassing GPT-5.4.

XRP approaches $1.53 resistance as Wave E nears completion $1.39 support must hold to maintain bullish structure Rejection could push XRP down toward $1.09 to $0.87 Ripple’s XRP has reached a decisive moment that traders cannot ignore. Price action now approaches a critical resistance

Sonic is redesigning its blockchain architecture to ease the transition to quantum-resistant cryptography. The approach avoids complex signature aggregation used by most proof-of- stake networks. Key Takeaways Sonic redesigns proof-of- stake to avoid Boneh–Lynn–Shacham aggregation, easing quantum

Meta Platforms’ chief human resources officer, Janelle Gale, released an official memo on Thursday confirming that the company plans to lay off about 8,000 employees on May 20, or roughly 10% of its total workforce, and will also pause its plans to fill 6,000 open positions. That same day, Microsoft disclosed a voluntary retirement plan for about 7% of U.S. employees, marking the first time the company has introduced such a program in its 51-year history.

OFAC Sanctions Cambodian Senator Over Crypto Scam Network The U.S. Treasury's Office of Foreign Assets Control (OFAC) has sanctioned Cambodian senator Kok An, who is accused of controlling "scam compounds" throughout Cambodia that have defrauded Americans. OFAC designated An and 28 other

According to Brazilian local media PipeLine, which reported on April 22, the venture capital arm of one of Brazil’s largest banks, Itaú Unibanco (Itau Unibanco), Itaú Ventures (Itau Ventures), has invested in the mobile data center and Bitcoin mining company Minter. The amount has not been officially disclosed; the report said it could be as high as 10 million US dollars to build Bitcoin mining facilities in Brazil and the United States.

Tencent officially open-sourced the Hy3 preview version of a large language model on April 23 on GitHub, Hugging Face, and the ModelScope platform, and simultaneously provided paid API service via Tencent Cloud. According to Decrypt’s report on April 24, the Hy3 preview version began training in late January and reached the publication calendar in less than three months.

FTX, the centralized cryptocurrency exchange that filed for Chapter 11 bankruptcy protection in November 2022 due to liquidity shortages and capital outflows, would have held investments valued at approximately 158.796 trillion won if it had not collapsed, according to analysis cited by Park

According to an official announcement released by Metaplanet Inc. on April 24, the Tokyo Stock Exchange-listed company Metaplanet announced the issuance of its 20th tranche of unsecured ordinary bonds, with a total issuance amount of 8 billion yen (approximately 50 million US dollars). EVO FUND will subscribe for the full amount, and the funds raised will be used to purchase Bitcoin (BTC).

Itau Unibanco, through its VC arm Itau Ventures, has made an undisclosed investment in Minter, a company that installs mobile data centers and bitcoin mining operations across Brazil. Minter’s approach allows it to take advantage of surplus energy that would otherwise be wasted. Key Takeaways: It

The United Kingdom is exploring a major step in financial cybersecurity by working with AI firm Anthropic. Early discussions suggest the government may deploy Anthropic’s advanced Claude Mythos model across banks and financial institutions. This move aims to improve defenses as cyber threats

US spot Bitcoin ETFs recorded US$335.8 million in net inflows on April 22, according to Farside Investors data, marking a return to positive territory across every major rolling period. BlackRock's IBIT led the session with US$246.9 million in inflows, signaling renewed institutional demand for regu

A senior admiral has indicated that the US Government is actively operating a node on the Bitcoin network while deliberately avoiding participation in mining activities. The disclosure suggests that authorities are taking a more involved role in blockchain infrastructure for oversight and

Galaxy Digital’s research chief Alex Thorn said in an analysis posted on the X platform on April 23 that Strategy (MSTR)’s bitcoin holdings have become the largest bitcoin-holding institution globally, predicting that the company could most quickly surpass Satoshi Nakamoto’s estimated 1,096,000 bitcoins in holdings as early as November 2026.