Gate Crypto Flash News and Market Updates

According to China's Ministry of Finance, on June 26, Finance Minister Lan Fuan met with Brazilian Finance Minister Galípolo Durigon in Beijing. The two discussed macroeconomic conditions and bilateral financial cooperation under multilateral and bilateral frameworks.

According to ChainCatcher, Taiko's Layer 2 mainnet will resume operations in four phases following an independent security expert's approval of the exploit fix. The recovery plan includes deploying the patch, replenishing bridge liquidity to maintain 1:1 asset reserves, restoring network functions, and lifting the bridge pause through governance proposal. Initial withdrawals will be subject to conservative limits as a precautionary measure, though the team expects normal user operations to remai

Spain's Ministry of Economy announced on June 29 that government deficit is projected to decline to 2.1% of GDP in 2026 and 1.8% in 2027, compared with 2.4% in 2025.

According to Bloomberg Economics, on June 29, the UK growth forecast for 2026 was raised to 1.2% from a prior estimate of 0.8%, citing the benefit of declining global oil prices following the US-Iran temporary peace agreement. The firm also lowered its inflation forecast to 3% from 3.5%, enabling the Bank of England to maintain interest rates at 3.75%. As long as Brent crude remains near $70 per barrel, policymakers may soon turn focus to further monetary easing, economists noted.

According to Bitcoin.com News, American Express recently posted a newly created vice president position for stablecoin and blockchain partnerships within its Digital Labs division in New York, with an annual salary range of $176,750 to $282,000. The role focuses on integrating stablecoins into Amex's payment infrastructure and establishing partnerships with token issuers and networks. Amex simultaneously posted a companion vice president position for onchain products, indicating a broader team e

According to Foresight News, Cetus aggregator has integrated support for Haedal PropAMM routing, expanding its liquidity sources and quote optimization on Sui. Haedal PropAMM, launched on June 26, is a quantitative market-making engine designed to handle trading flow from major aggregators and trading interfaces on the Sui chain.

According to state media, on June 29, the Iranian military announced that all vessels transiting the Strait of Hormuz are only permitted to pass through the shipping lane south of Larak Island. This follows Iran's earlier statement on June 28 requiring coordination with the Revolutionary Guards, with the safest inbound route positioned south of Hormuz Island and outbound traffic directed to use the Larak Island southern corridor.

According to Guru Club, on June 29, Gao Chang Liu, chief analyst at Guolai Securities' research institute, stated at the Guru Club Mid-Year Strategy Summit that AI bubble discussions should not dominate in 2026 or necessarily occur in 2027. Liu noted that cloud service providers are in early financing stages for AI projects, describing AI as a confirmed, necessary tool driving significant economic restructuring and productivity gains that continues to advance rapidly.

According to ChainCatcher, FundBank has rebranded to IRACE Digital and acquired Tenet Bank in the Cayman Islands. The transaction consolidates the digital asset banking business and fintech-focused customers into IRACE's existing institutional banking operations. John Cronin, former CEO of Zodia Custody, has been appointed as global CEO. IRACE is expanding into custody, liquidity, and trading infrastructure.

According to Jin10, Rocket Lab shares rose 6.7% in pre-market trading on June 29 as the company announced an $8 billion acquisition of satellite communications firm Iridium.

According to ChainCatcher, Bitget launched "TradFi Literacy in 100 Questions," a long-term investor education program breaking down traditional finance knowledge into 100 core questions across six modules: financial fundamentals, asset taxonomy, market mechanisms, macroeconomics, risk management, and multi-asset trading evolution. The program features structured content and weekly educational materials analyzing stocks, commodities, interest rates, and capital flows. Bitget CEO Gracy Chen stated

According to Tasnim News Agency, Iran's Deputy Foreign Minister Karib Abadi traveled to Oman today (June 29) to attend a Hormuz Joint Committee meeting. Officials from both nations discussed matters related to the Strait of Hormuz and exchanged views on the future management of the waterway under the framework of the Islamabad Memorandum of Understanding, as well as sovereign rights of littoral states.

According to Odaily, Bitcoin's BVIV volatility index fell to 47%, pausing a two-week uptrend and signaling traders' expectations for a more stable market environment. Bitcoin and Ethereum futures open interest have declined to early-month levels, reflecting cautious sentiment among traders.

According to Brazil's central bank survey conducted in late June 2026, economists expect the SELIC benchmark interest rate to hold steady at 14.00% by the end of 2026, unchanged from prior forecasts. For end-2027, the consensus expectation is for the rate to decline to 12.00%, also in line with previous projections.

According to Brazil's central bank survey released on June 29, economists revised their 2026 GDP growth forecast to 1.99%, up from a prior estimate of 1.98%. For 2027, the forecast was lowered to 1.68%, down from the previous prediction of 1.70%.

According to Brazil's Central Bank survey, economists forecast the Brazilian real will trade at 5.20 per U.S. dollar at end-2026, holding steady with prior expectations. For end-2027, the forecast rises to 5.28 BRL/USD, up from the previous projection of 5.27.

According to Reuters, on June 25, Apple filed a legal document with India's Competition Commission (CCI) accusing investigators of copying competitors' claims instead of conducting an independent investigation into alleged App Store abuses. The filing marks an escalation in Apple's legal battle with Indian regulators. Apple provided evidence that the CCI directly copied statements from Match Group, Walmart's PhonePe, and Paytm, without independent verification. The company also alleged the repor

According to Liu Gaochang, chief computer analyst at Guojin Securities, speaking at the Gelonghui Mid-Year Strategy Summit on June 29, major tech companies' commitment to AI investment will not change despite tightening free cash flow. Liu noted that after depleting initial cash reserves, large tech companies are now drawing on existing capital to continue AI investment, a sign that the industry logic has proven sound and that major players are making a long-term strategic bet on AI.

According to Xinhua News Agency, Caracas, the capital of Venezuela, experienced a noticeable tremor early on June 29.

U.S. President Donald Trump stated that gasoline prices are declining rapidly. No specific figures or timeline were provided in the statement.