Gate Cryptocurrency News and Market Analysis

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Global Military Spending Reaches $2.887 Trillion in 2025, Europe Up 14%

On April 27, the Stockholm International Peace Research Institute released a report showing that global military spending in 2025 reached $2,887 billion, representing a 2.9% increase from 2024 levels. European military spending surged 14% to $864 billion in the same period, according to the report.
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Coinshares: $1.2B Crypto Inflow, Bitcoin Leads Fund Flows

Cryptocurrency investment products received $1.2 billion in inflows last week, marking the fourth consecutive positive week, according to a Coinshares report. Bitcoin surged above $79,000 before Asian market opening, though the move was short-lived, with BTC subsequently dropping to around $77,600.
BTC-1,62%
ETH-2,93%
SOL-2,52%
XRP-2,87%
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Euronext Opens Athens Tech Hub as Greek Market Integration Advances

Euronext inaugurated a new Technology and Support Centre in Athens, marking a further step in integrating Greece into its pan-European market infrastructure. The launch follows the rebranding of Athens Exchange Group to Euronext Athens and aligns the Greek capital market with the group's single
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Musk Sues OpenAI, Microsoft Over Nonprofit Mission Shift

Jury selection is set to begin in Elon Musk's 2024 lawsuit against OpenAI, Sam Altman, Greg Brockman, and Microsoft, accusing them of betraying OpenAI's nonprofit mission by creating a for-profit entity in 2019, according to Reuters. Musk is seeking US$150 billion in damages for OpenAI's
XAI-0,78%
GROK-5,57%
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Study: Polymarket's 3% Skilled Traders Drive Accuracy, Not Crowds

A new academic paper analyzing every Polymarket transaction from 2023 through 2025 concludes that the platform's accuracy reflects "the wisdom of an informed minority, not the wisdom of the crowd," according to the working paper revised April 25 by researchers at London Business
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CFTC Sues New York as 38 AGs Back Kalshi Prediction Market Case

On Friday, the U.S. Commodity Futures Trading Commission filed suit against New York in federal court to block state enforcement against CFTC-registered exchanges, while New York Attorney General Letitia James joined a bipartisan coalition of 37 other attorneys general and the District of Columbia i
COINON-2,24%
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Oracle Secures $16B Data Center Financing for Michigan Project

Oracle has completed a $16 billion data center financing deal, according to a statement from data center developer Related Digital. The funding will support construction of a data center campus in Saline, Michigan, where Oracle will serve as the anchor tenant, combining equity investments from Relat
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