Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
14:52

Trumid Expands BlackRock Aladdin Integration as Electronic Bond Trading Volume Jumps 89%

Trumid and BlackRock announced an expanded multi-year partnership on June 28, integrating Trumid's Request for Quote (RFQ) and Swarms trading protocols directly into BlackRock's Aladdin investment management platform. Aladdin users, including asset managers, insurers, pension funds and banks, will now access Trumid's liquidity pools and automated trading workflows without switching between applications, covering corporate, high-yield and emerging market bonds. The partnership coincides with acce
More
14:51

Iraqi Crude Oil Shipments of 14 Million Barrels Depart Persian Gulf in 10 Days

According to Jin10 citing Bloomberg tanker tracking data, approximately 14 million barrels of Iraqi crude oil successfully departed the Persian Gulf in late June after being held up due to Middle East tensions. The shipments, which averaged 1.4 million barrels per day over the 10-day period, are now being delivered to buyers in Asia, Europe, and the United States.
14:51

France and Oman Announce Joint Demining Cooperation in Strait of Hormuz on June 29

According to Jin10, France and Oman announced on June 29 that they will conduct joint demining operations in the Strait of Hormuz in collaboration with partners to ensure safe maritime passage and maintain free, unconditional transit through the waterway. French President Emmanuel Macron made the statement during a meeting in Paris with Oman's Sultan Haitham al-Said. The two countries also pledged to jointly promote de-escalation efforts in the Middle East.
14:51

Tongcheng Travel Proposes All-Cash Tender Offer for Dida Chuxing; Core Shareholders Support 53.7% on June 29

According to Jin10, Tongcheng Travel (00780.HK) announced on June 29 that it will launch a voluntary all-cash tender offer for all issued shares of Dida Chuxing (02559.HK) through its subsidiary eLong, Inc. Five major shareholders of Dida Chuxing have signed irrevocable undertakings to accept the offer, representing approximately 53.7% of the company's issued share capital. Tongcheng stated the acquisition does not aim to delist Dida Chuxing and plans to maintain its Hong Kong listing status pos
More
14:49

Hedge Funds Sell Record Volume of U.S. Tech Stocks in Past Week, Data Shows

According to Goldman Sachs data reported by BlockBeats on June 29, hedge funds sold the largest volume of U.S. information technology stocks in a single week since 2016 during the week ended June 25. The Magnificent 7 stocks fell to 14.5% of total U.S. hedge fund exposure, approaching their lowest level in three years. This represents a 7 percentage point decline from the beginning of 2026 and marks the steepest six-month drawdown since the 2022 bear market.
More
14:46

Major U.S. Institutions Face $165 Billion in Forced Stock Sales by End of June for Quarterly Rebalancing

According to JPMorgan analysis cited by BlockBeats, major U.S. institutions will execute approximately $165 billion in stock sales by end of June as part of quarterly rebalancing. The selling pressure stems from five institutional pools: U.S. fixed-income pension funds (estimated $55 billion in equity sales), Japan's Government Pension Investment Fund ($60 billion in global stocks), Norway's sovereign wealth fund ($40 billion), Swiss National Bank ($25 billion), and balanced mutual funds (expect
More
14:37

Morgan Stanley Warns Semiconductor Sector May Hit Cyclical Peak; SOX Index Swings 7.3% Up, 7.9% Down

According to Morgan Stanley strategist Mike Wilson on June 29, the semiconductor sector may be entering a cyclical peak similar to silver's earlier advance. The Philadelphia Semiconductor Index (SOX) showed extreme volatility: surging 7.3% in the week of June 15, then plunging 7.9% the following week. Wilson cautioned that while this does not signal an end to semiconductor industry fundamentals, the sector's near-term momentum appears exhausted, potentially creating outperformance opportunities
More
14:37

Arthur Hayes Buys $2.2M of SYN on June 29, Backing Hypercall as Deribit Challenger

According to Bitcoin.com News, on June 29, Arthur Hayes, the co-founder and former CEO of BitMEX, purchased 6.16 million SYN tokens worth approximately $2.2 million through over-the-counter trading firm Flowdesk. Hayes publicly endorsed Hypercall, an onchain options exchange built on Hyperliquid, as a challenger to derivatives venue Deribit, stating the protocol is "that challenger" to properly take on the market leader. SYN has surged more than 10-fold in June, with Synapse's market capitalizat
More
14:34

Germany Seeks to Prevent Volkswagen From Closing Domestic Factories

According to a German government spokesperson on June 29, the government aims to prevent Europe's largest automaker Volkswagen from closing its domestic factories, while emphasizing final decisions rest with the company. The spokesperson stated that achieving this goal requires establishing suitable framework conditions, including necessary competitive mechanisms and incentive measures to ensure factories remain profitable. However, such decisions ultimately rest on commercial considerations mad
More
14:34

Millennium Management to Launch AI Lab in Coming Weeks

According to Bloomberg, Millennium Management is establishing an artificial intelligence laboratory to accelerate research and development of cutting-edge technology. A memo shows the lab will become operational in the coming weeks and will focus on early access and evaluation of AI products, collaborate with AI companies on projects, and recruit top talent. Chief Information Officer Vlad Torgovnik stated the facility will provide a highly entrepreneurial environment to attract and retain AI pro
More