Gate Insights and Crypto Market Analysis

Brazil has enacted a sweeping ban on prediction markets and betting platforms, including the leading platforms Polymarket and Kalshi, according to local media and government filings. The Banco Central do Brasil issued a resolution citing non-compliance with local derivatives trading regulations and

3F, a vault protocol built on Morpho, has raised $4 million in funding to offer leveraged exposure to tokenized real-world assets, according to The Block. The funding includes a $750,000 pre-seed round that ran from July 2025 to

On April 24, the Hong Kong High Court’s seven-member jury, by a majority vote, found not guilty of allegations against Chen Bo-liang, a former senior manager of cryptocurrency exchange Huobi (now renamed HTX), concerning accusations that he used a pseudonymous personal account in 2020 to trade on Huobi’s platform dark pool. The court also ruled not guilty on all charges, including six counts of accessing a computer with criminal or dishonest intent and one count of money laundering. The amount involved relates to 5 million Tether (USDT) tokens.

The Taichung District Prosecutors’ Office (Taichung District Prosecutors’ Office) formally indicted the head of Wanli Development Company, Hong Yuepeng, and six branch managers from Taichung Bank on April 23, for a total of seven people. The alleged offenses include violations of the Banking Act (aggravated special breach of trust), the Anti–Money Laundering Act (the crime of large-amount money laundering), and related offenses under the Organized Crime Prevention Act. According to the indictment referenced by the United News Network from the Taichung District Prosecutors’ Office, the case involves illegal funds flows totaling NT$3.64 billion.

DBS announced on April 24 the expansion of its Spark GenAI program, developed in partnership with Enterprise Singapore and the Infocomm Media Development Authority (IMDA), to support local small and medium-sized enterprises (SMEs) in adopting artificial intelligence. The program uses a three-tier

According to the latest statistics provided by the Securities and Futures Bureau of the Financial Supervisory Commission, as of the end of March 2026, a total of 14 securities firms in Taiwan have launched virtual asset ETF cross-border/overseas custody (futures commission) re-delegation business, with cumulative trading exceeding NT$9.9B. Huang Zhonghao, Deputy Director of the Securities and Futures Bureau of Taiwan, stated that the Financial Supervisory Commission (FSC) has required the securities firms’ association to submit an assessment report on the performance of the virtual asset ETF cross-border/overseas custody (futures commission) re-delegation business over the past year, and that the assessment will expand eligibility to retail investors.

SHIB shows the first bullish MACD signal since February near key resistance levels. Price presses Bollinger Band resistance while burn activity drops and stays inconsistent. Weak volume and declining open interest signal cautious market participation overall. Shiba Inu is flashing its fi

American independent senator Bernie Sanders of Vermont posted on the X platform on April 24, citing a report published in the January issue of The New Yorker, listing a breakdown of the income allegedly earned by the Trump family through cryptocurrency, Gulf transactions, and other sources, with an estimated total of $4.05 billion.

According to a report by Japan’s Nikkei Asia on April 24, Vietnam’s Prime Minister Pham Minh Chinh said in a speech to the National Assembly this month that Vietnam may launch a five-year crypto asset pilot program as early as this quarter. The goal is to transform the market, which currently relies mainly on offshore trading, into a framework subject to domestic regulation, with CAEX moving first to roll out and apply. According to Chainalysis’s 2024 Global Cryptocurrency Adoption Index, Vietnam ranks fourth globally in crypto adoption.

According to an official press release issued by Wisconsin Attorney General Josh Kaul on April 23, Wisconsin has sued Kalshi in Dane County, alleging that the platform’s prediction market business, which operates in the form of “event contracts,” falls within the legal definition of gambling under Wisconsin law and constitutes an unlicensed gambling activity.

According to data released by SoSoValue on April 24, as of April 23 in U.S. Eastern Time, the total net inflow for U.S.-listed spot Bitcoin ETFs on a single day reached $223 million, marking the seventh consecutive day of net inflows. On the same day, spot Ethereum ETFs recorded a total net outflow of $75.9360 million.

South Korea's Judicial Institute Urges Civil Law Amendment for Digital Asset Recognition The Judicial Policy Research Institute, a think tank under South Korea's Supreme Court, has recommended amending the civil law to recognize digital assets (virtual assets) as legal "things" (물건) under

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