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.
2026-07-03
17:03

Polygon CEO Marc Boiron Criticizes Citi's Pre-IPO Platform Privacy Trade-off, June Launch

According to Marc Boiron, CEO of Polygon Labs, Citi's blockchain platform for pre-IPO shares, which launched in June, prioritizes privacy at the cost of liquidity for eligible investors. Boiron told FinanceFeeds that confining assets to a single closed network limits buyers to a handful of existing clients rather than reaching all eligible investors across markets. He argues that cryptographic privacy tools like zero-knowledge proofs and programmable eligibility can work on open networks, allowi
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17:02

American Student Charged for Alleged Iran Spying, Received $1,379 in Crypto

According to CNN and an indictment filed by Israel's State Attorney's Office on July 3, an American student living in Jerusalem was charged with spying for Iran in exchange for cryptocurrency. The ultra-Orthodox seminary student allegedly responded to a job posting on Telegram while visiting his family in the United States in November 2025. After returning to Israel, Iranian intelligence agents assigned him tasks including taking photographs and videos, paying him in cryptocurrency. The suspect
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17:01

ESMA Warns Prediction Market Event Contracts Already Face EU Retail Ban

According to the European Securities and Markets Authority (ESMA) today, companies cannot circumvent EU financial rules by marketing binary-style products as event contracts rather than derivatives. Many prediction market event contracts already face EU retail bans as regulators tighten oversight of the sector.
16:58

Bitcoin Rises to $62,032.74, Up 0.85% in 24 Hours as Crypto Market Gains

In the past 24 hours, Bitcoin rose 0.85% to $62,032.74, with a seven-day gain of 4.07%. Ethereum climbed 1.97% to $1,732.62, up 10.49% over the past week. Solana gained 0.64% with a seven-day increase of 13%, while Dogecoin and XRP rose 2.98% and 2.77% respectively. The MarketVector Digital Asset 100 Index rose 0.95% to 12,402.25 points, gaining 4.56% over seven days.
16:52

Russia's Digital Ruble Rollout Begins September 1, 12 Major Banks Required to Participate

According to Bank of Russia Governor Elvira Nabiullina, the central bank announced at the Financial Congress in St. Petersburg that the digital ruble is ready for nationwide rollout beginning September 1, 2026. Starting that date, 12 systemically important banks must provide digital ruble services, and large retailers with annual revenue exceeding ₽120 million are required to accept CBDC payments. Individuals will be able to open digital wallets and make transfers using the digital ruble. Banks
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16:49

UK 30-Year Gilt Yields Rise 6.9bp to 5.517% This Week

On Friday (July 3), UK 30-year gilt yields rose 6.9 basis points this week to 5.517%, while 10-year gilt yields increased 5.1 basis points to 4.782%. Two-year gilt yields slipped 0.3 basis points on the week, standing at 4.122%. The 2/10-year yield spread widened by 5.4 basis points to 66.0 basis points on the week.
16:37

Trump Calls Netanyahu, Agrees to Meet in U.S. Soon

According to Axios, U.S. President Trump called Israeli Prime Minister Netanyahu today. The Israeli Prime Minister's office confirmed that both leaders agreed to hold a meeting in the United States in the near term.
16:34

Germany's 10-Year Bund Yield Rises 3.1 Basis Points to 2.935% on Friday

On Friday (July 3), Germany's 10-year Bund yield rose 3.1 basis points to 2.935% in late European trading, gaining 8.4 basis points for the week. The 2-year yield advanced 3.6 basis points to 2.536%, up 1.9 basis points weekly, while the 30-year yield added 2.0 basis points to 3.509%.
16:33

Network Liquidations Hit $174 Million in 24 Hours, 65,864 Traders Affected

According to Coinglass, network-wide liquidations totaled $174 million in the past 24 hours, with long liquidations at $71.14 million and short liquidations at $103 million. Over the same period, 65,864 traders were liquidated globally. The largest single liquidation occurred on Binance BTCUSDT pair, valued at $2.73 million.
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16:33

ECB Governing Council Member Warns of Inflation Risks, Urges Vigilance on Policy Ahead

Joachim Nagel, a member of the European Central Bank's Governing Council and head of Germany's Bundesbank, warned on Friday at the Rencontres Economiques conference in Aix-en-Provence, France, that the ECB must remain vigilant against inflation risks and maintain all policy options. Nagel reiterated earlier statements from the week, cautioning that officials cannot assume Middle East tensions have fully resolved.
16:31

Germany's 2027 Budget Plan Shows Borrowing Over €203 Billion, Defense Spending at €130.1 Billion

According to Jin10, Germany's 2027 budget draft unveiled on July 4 plans new borrowing exceeding €203 billion, with total expenditure around €555.4 billion. Defense-related spending totals approximately €130.1 billion, including €109.8 billion in core military budget plus Ukraine aid and other security outlays. Infrastructure investment increases to €117.5 billion, earmarked for transportation, digitalization, and hospital upgrades. The government aims to accelerate infrastructure and defense in
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