GateUser-05fb065f

Buffett says markets are in "peak gambling mood."
One-day options. Prediction markets. Memecoins.
He's not wrong about the setup.

🇮🇷 🚨 BREAKING
IRAN'S LARGEST CRYPTO EXCHANGE FOUNDED BY SONS OF REGIME-LINKED ELITE, REUTERS FINDS.
HUNDREDS OF MILLIONS IN TRANSACTIONS TIED TO SANCTIONED IRANIAN STATE ENTITIES FLOWED THROUGH NOBITEX SINCE 2018.
THE EXCHANGE IS STILL OPERATING.

Coinbase is down 57% from its peak heading into Q1 earnings on May 7.
Results could define whether this is a base or another leg lower.

JUST IN: 🇹🇼 A Taiwanese lawmaker has proposed converting part of the country's $602,000,000,000 forex reserves into Bitcoin ($BTC) as a hedge against geopolitical instability.

🇺🇸 Bill Ackman's Pershing Square USA fund dropped nearly 20% on its first day of trading.
Brutal IPO debut. Ackman raised $4B at launch. well below the $25B target.
First-day flops don't always stick, but this one stings.

🇨🇳 NVIDIA is quietly becoming a defense contractor.
AI chips in the Pentagon's supply chain reframes the China export risk calculus entirely. loss of Beijing revenue gets offset by US government contracts.

Berkshire's cash pile just hit $397,000,000,000. a record, and Greg Abel's first quarter running the show.
Buffett spent decades calling cash "a bad investment." His company is now sitting on more of it than ever.

JUST IN: White House crypto advisor Patrick Witt says a "big announcement" on Trump's Bitcoin ($BTC) reserve is coming within weeks.
Bitcoin is still under $100,000.

JUST IN: OPEC+ agrees in principle to raise oil output by 188,000 barrels per day in June.

🇸🇦 Hormuz is effectively closed for major shipping now.
The world's largest container carrier is rerouting Europe-to-Gulf traffic overland through Saudi Arabia. No Strait transit.
Supply chain stress is back. Watch oil.

JUST IN: 🇺🇸 SEC schedules CLARITY Act roundtable for May, with SEC and CFTC officials meeting crypto industry reps to settle digital asset jurisdiction.
Senate markup targets the week of May 11.

RETAIL GOT PLAYED AGAIN.
WLFI quietly dumped 5,900,000,000 tokens while early investors got locked out.
Trump family crypto empire profit: $3,000,000,000. Retail supporters: still bag-holding.

JUST IN: 🇺🇸 Polymarket odds of the CLARITY Act passing in 2026 jumped to 55%. up 9 points in a single day. after Tillis and Alsobrooks dropped final stablecoin yield language.

Nobody's talking about this: Hyperliquid is quietly eating the DEX derivatives market with pre-IPO perp trading, letting retail access private company exposure before shares ever list.

JUST IN: Spot Bitcoin ($BTC) ETFs log $1,970,000,000 in net inflow.

Strategy snaps a 9-month losing streak with a 33% gain in April, now up 9.5% YTD.
Beats the Nasdaq. Beats the S&P 500. Does it while BTC is down 13% on the year.

JUST IN: 🇺🇸 Bipartisan Prediction Market Act of 2026 just filed in Congress, sponsored by McCormick and Gillibrand.
Bill targets regulatory clarity for event contracts. no framework like this has cleared Congress before.

Anthropic is fielding offers at a $900,000,000,000 valuation while OpenAI's CFO calls it a "vertical wall of demand."
No deal closed. No terms confirmed. Just two AI giants repricing the ceiling in real time.