Gate Cryptocurrency News and Market Analysis

Microsoft and EY announced they will invest more than $1 billion to help clients move artificial intelligence projects from pilot programs to large-scale deployments. The partnership targets finance, tax, human resources, and supply chain operations across multiple sectors. Microsoft will provide en

Opening Modal, a New York-based cloud infrastructure startup, has raised US$355 million in a Series C funding round led by General Catalyst and Redpoint at a US$4.65 billion post-money valuation, according to CEO Erik Bernhardsson. The company helps developers run AI and other compute-heavy

XRP and RLUSD were described as serving separate XRP Ledger roles, with XRP routing trades and RLUSD supporting dollar-based transactions. Evernorth’s Sagar Shah described XRP as an intermediary asset that routes trades in the background, while stablecoins remain tied to issuer requirements and

A report titled “Crypto Investor Sentiment Report 2026,” jointly released by the U.S. National Crypto Monetary Association (NCA) and Harris Poll in May, shows that more than 67 million U.S. adults currently hold cryptocurrency, an increase of 12 million people from 2025. The report also confirms: 90% of holders plan to continue buying cryptocurrency over the next year; 77% say cryptocurrency has had a positive impact on their lives. Confirmed shifts in holder demographics: age, gender, income Th

The Trump administration announced it will take $2 billion in equity stakes across nine US quantum computing companies, including a new venture from IBM, according to Reuters. The investments will use incentives from the CHIPS and Science Act to support domestic production and strengthen

Cryptocurrency investment firms Paradigm and Tempo jointly open-sourced Centaur on May 21. This is a self-hosted, multi-person collaborative AI Agent runtime framework that has been widely used across multiple departments within Paradigm—such as cross-investment and engineering—since January. Centaur operates in the form of “shared virtual employees” and can be invoked via Slack threads or APIs. Security architecture: Iron Proxy injects credentials at the network layer Centaur’s core security de

Microsoft is in talks to supply Anthropic, the San Francisco AI firm behind Claude, with its Maia 200 AI chips through Azure. The deal has not been finalized, but it could help Microsoft narrow the gap with Amazon and Google in offering custom AI chips to cloud customers. In November, Microsoft

SEC Commissioner Hester Peirce, known as a crypto-friendly regulator, clarified on the 21st (local time) that synthetic securities are excluded from a planned innovation exemption for tokenized stocks. On the 18th, Bloomberg reported that the SEC was preparing to announce an 'innovation exemption' f

Bengaluru-based early-stage investor Shastra VC launched a US$100 million fund on May 21 to back Indian startups in deeptech and defense as well as AI and renewable sciences. The firm will write cheques of US$500,000 to US$3 million for companies built around intellectual property. This launch

RCBC, a Philippine bank, announced that FinTech Alliance.PH and the Australia Philippines Business Council (APBC) have signed an agreement to cooperate on fintech and the digital economy. The partnership covers digital banking, AI, cybersecurity, blockchain, financial inclusion, and digital

Walmart's India ecommerce unit Flipkart boosted international sales and profit in the quarter ended April 30 through expansion of its quick commerce service, Flipkart Minutes. Walmart International net sales rose 18% year on year to US$35.1

Elon Musk's SpaceX filed for an initial public offering with a valuation target of approximately US$1.75 trillion on May 21, following a US$4.28 billion loss for the quarter ended March 31. The company's filing reveals that heavy spending on data-center computing masks profitability in its core

Spotify shares rose 6% after the streaming company held its first investor day since 2022 to outline 2030 targets. Under new co-CEOs Gustav Söderström and Alex Norström—who took over after founder Daniel Ek stepped down in early 2026—Spotify announced it expects revenue to increase at a mid-teens co

Opening A venture backed by Blackstone, Anthropic, and Hellman & Friedman has acquired San Francisco-based startup Fractional AI, establishing it as the venture's operating core for enterprise AI services. The acquisition ends Fractional AI's 11-month partnership with OpenAI. The venture aims to h