Gate Crypto Flash News and Market Updates

According to Shanghai Gold Exchange, on July 3 evening, gold T+D closed up 0.41% at 910.7 yuan per gram, while silver T+D rose 0.76% to 15,207 yuan per kilogram.

According to Jin10, Shanghai gold futures closed up 0.81% at 913 yuan per gram, Shanghai silver futures up 1.61% at 15,294 yuan per kilogram, and SC crude oil futures down 0.16% at 438 yuan per barrel, as of 2:30 AM close on July 4.

Shanghai Futures Exchange data shows crude oil futures contract 2608 closed overnight at 438.30 yuan per barrel, down 0.16%. Shanghai gold rose 0.81% during the night session, while Shanghai silver climbed 1.61%.

Two members of Congress disclosed SpaceX stock purchases in mid-June following the company's initial public offering on June 12, according to House financial disclosure documents reviewed by CNBC. Rep. Dan Meuser (R-Pa.) disclosed that his dependent child purchased between $15,001 and $50,000 of SpaceX stock on June 15, while Rep. Gil Cisneros (D-Calif.) disclosed a purchase of between $1,001 and $15,000 on June 18. SpaceX, Elon Musk's aerospace company, went public on June 12 with a market capi

According to Kraken, the exchange recently announced plans to launch CFTC-regulated perpetual futures for U.S. traders through its Kraken Pro platform, leveraging the regulatory framework enabled by its Bitnomial acquisition. The move aims to bring domestically regulated access to perpetual futures derivatives, addressing the historical gap where this popular product has been more readily available through offshore venues.

According to Brazil's government, crude oil exports in June reached 8.48 million tons, up from 7.95 million tons year-over-year, marking a 6.7% increase.

According to CryptoQuant, Bitcoin deposits to exchanges surged to nearly 49,000 BTC on June 30, a rare extreme seen only four other times this year, according to Julio Moreno, head of research at CryptoQuant. Such spikes have historically preceded sharp increases in price volatility and directional market moves. The spike is being driven primarily by large holders, with the average Bitcoin deposit to exchanges doubling from about 1 BTC to 2 BTC, indicating whales and institutional investors are

According to the Korean investment banking industry, Mirae Asset Securities raised 1.26 trillion won on July 3 through the issuance of long-term corporate paper (CP) with a minimum maturity of two years, with SK Hynix purchasing the full issuance amount. The move marks the first time Mirae Asset Securities has issued long-term CP, a structure typically used for short-term fundraising but now extended beyond one year, requiring securities registration approval.

According to Zcash developers on the forum on Thursday, July 2, the Ironwood upgrade is nearing testnet activation, designed to let users verify the network's circulating supply integrity while restoring confidence following the May Orchard vulnerability disclosure. The flaw could have allowed unlimited counterfeit ZEC creation without detection. Developers patched the bug on June 1 but could not cryptographically prove whether it had been exploited, prompting the Ironwood proposal. The vulnerab

According to Bitcoin.com News on July 3, twelve AI models including ChatGPT 5.5, Claude Sonnet 5, and Gemini 3.1 Pro used Bayesian reasoning to forecast the likelihood of Satoshi Nakamoto's 1.1 million bitcoins ever moving. ChatGPT 5.5 estimated a 20% probability of movement, while Gemini 3.1 Pro put it under 5%. The models collectively converged on a consensus: Satoshi's bitcoin is unlikely to move, and the creator's identity is even less likely to be revealed. The extended wallet dormancy sinc

According to JPMorgan Chase, as reported by Jin10 on July 4, gold prices are expected to face near-term pressure due to weakening demand and renewed sensitivity to real interest rate movements, but the bank forecasts a recovery in the second half of 2026. The investment bank targets an average gold price of approximately $4,300 per ounce in Q3 and around $4,500 per ounce in Q4 2026, maintaining a bullish medium to long-term outlook supported by continued central bank purchases and persistent str

According to Jin10 Data, Argentina's government abolished the Interior Ministry on July 2, transferring its functions to the Chief of Cabinet office. The Chief of Cabinet will now oversee coordination with provinces, manage cross-jurisdictional affairs, and handle tourism, environment, sports, and science and technology matters at the federal level. Two new deputy cabinet positions were also created to assist the Chief of Cabinet.

According to Tronscan, TRON network set new usage records in June 2026, exceeding 385 million total transactions with 26.9 million active wallet addresses. The growth was driven by high stablecoin settlement volume, particularly through OUSD and USDT transactions.

According to SemiAnalysis on X, memory spending in Nvidia systems is projected to surpass 30% of total capital expenditure by end of 2026 and exceed 40% by 2027. The analyst firm raised its forecast in May following faster-than-expected pricing increases in DRAM, NAND, and HBM components combined.

Thales will record approximately €450 million in non-cash impairment charges in the first half of 2026 following the termination of the F126 frigate program. The charge is classified as a special and primarily non-cash item. Separately, the defense contractor raised certain 2026 earnings guidance targets.

Brent September crude oil futures gained $0.32 per barrel, or 0.44%, closing at $72.12 per barrel this week, though the contract has declined 0.66% over the full week. Abu Dhabi Murban crude futures surged 1.47% to $66.18 per barrel, though weekly losses reached 1.61%.

According to CFTC Chair Michael Selig, Illinois approved a 0.2% tax on crypto transactions last month as part of its FY2027 budget, with the Digital Asset Tax Act scheduled to take effect in January 2027. Selig criticized the measure, saying Illinois lawmakers "slammed the brakes on technological progress." The CFTC leader framed the tax as conflicting with federal efforts to establish a unified national crypto market framework, warning that state-level levies could fragment compliance requireme

According to reports from Blockmedia and industry sources, Open Standard, the consortium behind the OUSD stablecoin backed by over 140 companies, faces allegations of listing partner companies without their formal approval. Samsung Electronics, Shinhan, Dunamu, and K Bank denied signing agreements or approving their inclusion as consortium members, with Samsung stating there was no formal discussion. Tether advisor Gabor Gurbacs and The Big Whale CEO Raphaël Bloch confirmed these companies told

JPMorgan Chase maintains a long-term bullish outlook on gold, expecting further price recovery in 2027. The bank's research reinforces its optimistic stance on the precious metal amid ongoing macroeconomic conditions.

According to pro-XRP lawyer Bill Morgan, XRP held in Ripple's escrow has fallen below 32.5% of total supply, contradicting the 35% to 40% figures commonly cited by critics. The balance has declined steadily over the past year from approximately 36%, as Ripple continues its monthly practice of unlocking 1 billion XRP while re-locking only a portion—averaging about 300 million XRP returned to escrow. At the current pace, Morgan estimates the escrow share could drop below 29% by July 2027. XRP clim