Gate Crypto Flash News and Market Updates

Yemen's Houthi armed forces stated that if Saudi Arabia continues launching attacks, they will target Saudi airports and key strategic interests. The militant group issued the warning in response to ongoing military operations in the region.

According to Bloomberg, Libya lowered its official selling prices (OSP) for July crude exports from two major fields. Es Sider's OSP was set at a discount of 30 cents per barrel to Brent, marking the lowest level since June 2025 compared to a 1.30 dollar premium in June. Sharara's OSP was adjusted to a 50 cents premium, down from 1.50 dollars the previous month.

According to HTX data, HYPE broke above the $70 mark on July 3, trading at $70.37 with a 24-hour gain of 7.24%.

According to Silicon Data, the large language model token spending index tracking user payments for AI tokens has declined nearly 20% since its May high point.

According to Reuters, Russia's Norsi refinery has halted crude oil processing following an overnight drone attack on July 2, two sources said. The extent of damage to the facility was not disclosed.

A pseudonymous Bitcoin holder using the pseudonym John Doe 33 entered a motion to dismiss a New York lawsuit claiming legal ownership of 39,069 dormant Bitcoin addresses on June 30 at the Supreme Court of the State of New York. The addresses hold approximately 3.8 million BTC, currently valued at over $200 billion. John Doe 33 asserts constitutionally protected property rights and requested anonymity to avoid doxxing and extortion risks.

According to Binance official announcement, the exchange added four altcoins to its Monitoring Tag list on July 3, 2026: Anchored EUR (AEUR), Vulcan Forged PYR (PYR), Secret (SCRT), and Vanar (VANRY). The Monitoring Tag program flags high-risk assets with elevated volatility; projects under this category are regularly reviewed and may face delisting if they no longer meet listing criteria. Traders holding these tokens on Binance Spot or Margin platforms must complete a risk awareness test and ac

According to Argentina's Central Bank, the central bank consolidated three repurchase agreements negotiated since 2025 into a single $6 billion agreement, with maturity set for September 2028. The bank will pay interest at a rate of 400 basis points above the Federal Reserve's Secured Overnight Financing Rate (SOFR).

According to sources and written communications, Congo (DRC) major cobalt producers faced the risk of losing part of their upper-half export quota on July 3 due to a customs platform administrative failure. The disruption could impact global battery metal supplies, with up to 20,000 tonnes of cobalt potentially unable to be exported, affecting approximately $1.1 billion in value at current prices.

According to Reuters, Congo's cobalt exporters are at risk of losing their first-half export quotas due to administrative failures that have halted shipments ahead of a July 5 deadline. Sources and letters reviewed by Reuters revealed the situation affecting the country's major commodity sector.

According to CNN, Eli Lavon, 21, a U.S. citizen studying at an ultra-Orthodox seminary in Jerusalem, was formally charged Friday with two counts of contact with a foreign agent and 14 counts of communicating information beneficial to an enemy. Prosecutors say Lavon was recruited via Telegram in November 2025 and directed to conduct surveillance tasks, including filming sensitive sites and concealing coded messages in public locations. He received cryptocurrency payments totaling approximately $1

According to Bloomberg, OPEC crude oil production increased by 2.34 million barrels per day in June to 18.75 million bpd, driven by supply restorations following a U.S.-Iran peace agreement that reopened Persian Gulf exports through the Strait of Hormuz. Kuwait, Saudi Arabia, and Iran accounted for the majority of the production gains. Excluding the impact of the UAE's departure from the organization, OPEC's June output remained 7.3 million barrels per day below February levels, representing a 2

According to BlockBeats, Bio Protocol launched OpenLabs on July 3, a coordination layer for human-AI collaboration in scientific research. The platform features five interconnected layers: posts and discovery, projects, AI agent collaboration, Web3 incentives, and a bounty system. OpenLabs employs a USDC yield-based financing mechanism where users deposit stablecoins to support projects. Funds are deployed to audited yield vaults on Morpho and Aave, with generated yields flowing to projects for

According to Guru Club, on July 1, Bitcoin broke above $60,000, reaching $60,069.4 with a 24-hour gain of 1.87%. Ethereum climbed to $1,615.87, up 2.85% in the same period. Crypto-focused stocks surged in tandem, with Strategy and Coinbase leading gains at over 8% and 7% respectively, amid broader strength across the digital asset sector.

According to ChainCatcher, New Hampshire House Bill HB639 has completed its registration process. The legislation explicitly prohibits state and local governments from restricting individuals' use of digital assets for payments or holding assets through self-custody wallets, and from imposing additional taxes solely based on digital asset usage. Additionally, individuals and businesses operating nodes, engaging in mining, or participating in staking activities are exempt from obtaining money tra

According to CryptoQuant analyst Darkfost, Binance processed 166,000-plus ETH withdrawals in one day on July 3, the highest transaction count in over three years, with ETH trading near $1,725. Despite the record withdrawal transaction volume, Binance's exchange netflow remained positive at 12,938 ETH, indicating more ether flowed onto the platform than left it—a sign analysts interpret as selling risk. Meanwhile, Riot Platforms Inc. (Nasdaq: RIOT), the second-largest Bitcoin miner, transferred 5

According to chief economists from Allianz and BNP Paribas, the U.S. Federal Reserve needs to raise interest rates this year despite Thursday's data showing weakness in the American labor market. The analysts, speaking at an event in Aix-en-Provence, France, noted that while the European Central Bank is not inclined to tighten monetary policy and may have already completed its rate-hiking cycle, the U.S. faces persistent inflation pressures that require further Fed action.

According to Ludovic Subran, chief economist at Allianz, speaking on Bloomberg Television, U.S. June non-farm employment data has indeed been weak. However, he maintains that inflation will likely peak above 3.7%, with the American economy still supported by artificial intelligence, fiscal spending, and energy factors. Subran predicts the Federal Reserve may be forced to raise interest rates in September, marking a key policy divergence between the United States and Europe.

According to market analyst Diana, XRP broke above the key $1.08 resistance level on July 3, with the token trading at $1.11 per CoinCodex data. The breakout has reignited bullish momentum, with $1.30 identified as the next major upside target. On South Korea's Upbit exchange, 24-hour XRP trading volume surged to approximately 113.18 million tokens, outpacing Bitcoin and signaling growing investor interest. Before reaching $1.30, XRP must overcome intermediate resistance levels at $1.145–$1.15 a

Germany's 2027 draft budget outlines net borrowing of €118.7 billion and €117.5 billion allocated for investment spending, according to budget documents released.