Gate Crypto Flash News and Market Updates

According to BlockBeats, on July 3, Jurrien Timmer, global macro director at Fidelity Investments, stated that Bitcoin is approaching a long-term Power Law model support level at $58,237, facing a critical technical test. The $60,000 level is viewed as a key psychological and technical resistance. Timmer noted that amid slowing global liquidity growth and persistent inflows into tech stocks, Bitcoin currently lacks sufficient macroeconomic catalysts to drive a trend reversal. While the model sup

U.S. spot crypto exchange-traded funds posted net inflows of approximately $254.7 million on July 2, marking a sharp reversal from the previous session. Spot Bitcoin ETFs led the recovery with $223.5 million in net inflows, with Fidelity's FBTC bringing in $166.0 million and ARK 21Shares' ARKB adding $91.8 million. Ether ETFs contributed $29.0 million and Solana ETFs added $2.2 million, with the broad gains across multiple crypto assets suggesting renewed investor demand following a difficult st

According to Rengo (Japanese Trade Union Confederation), Japan's largest labor union organization, enterprises provided average wage increases of 5.01% in the latest negotiations, down from 5.25% in the previous year, marking a 0.24 percentage point decline.

According to CoinGecko, Upbit's trading volume reached $900 million over the past 24 hours. XRP led the exchange with 8.77% of total volume ($79 million), followed by BTC at 7.66% ($69 million) and ETH at 6.09% ($55 million).

According to Chinese Foreign Ministry spokesperson Guo Jiakun, China's second batch of anti-epidemic medical experts departed from Beijing on the morning of July 3 to assist Congo (DRC) in combating the ongoing Ebola outbreak. The first batch of five medical experts was previously dispatched and has been providing guidance and support to local epidemic prevention efforts. The Ebola outbreak continues to spread across Africa. China stated it will continue providing assistance within its capacity

On Friday, July 3, Shanghai Gold Exchange gold T+D closed at 910.29 yuan per gram, up 2.61% for the day. Silver T+D rose 4.68% to 15,260.0 yuan per kilogram.

According to Remixpoint's announcement, the Japanese listed company generated 9.96 BTC in lending income as of June 30, 2026, equivalent to approximately 108.3 million yen since February 24. In June alone, the company earned 2.47 BTC from lending, worth around 23.48 million yen. Remixpoint also earned approximately 27.85 million yen from ETH and SOL staking between July 16, 2025 and June 30, 2026, with 901 ETH and 13,920 SOL staked.

According to ChainCatcher, AEGIS X officially launched its global genesis phase today, marking the project's entry into a new ecosystem development stage. Global users can now participate in the genesis phase using USD1 to contribute to building the on-chain liquidity network centered on USD1.

According to China's Foreign Ministry, on July 3, Beijing rejected criticism from the U.S. and EU over a new ethnic unity law that took effect on July 1. Foreign Ministry spokesman stated that the countries acted from ideological bias and political motives, accusing them of spreading false allegations while interfering in China's internal affairs.

According to Foreign Ministry spokesperson Guo Jiakun on July 3, China responded to Indian Prime Minister Modi's statement that Japan and India will strengthen cooperation in critical minerals. The Foreign Ministry said international cooperation should enhance mutual understanding and trust between regional countries and maintain regional peace and stability, rather than target third parties or damage their interests. The statement opposed exclusive "small circles" and called on all nations to m

China's Foreign Ministry rejected a US National Oceanic and Atmospheric Administration (NOAA) fishing report on July 3, calling it politically motivated. Foreign Ministry spokesperson Guo Jiakun stated that the US determination lacks factual and legal basis, and aims to undermine China's distant-water fishing development. The ministry expressed strong dissatisfaction and firm opposition, urging the US to reflect on its own actions rather than make unfounded accusations.

According to Chinese Foreign Ministry spokesperson Guo Jiakun on July 3, China called for proper resolution of Hormuz Strait navigation issues. The strait is a critical international waterway, and early restoration of safe, free passage serves all parties' interests, Guo said. China is willing to maintain communication with relevant countries and the international community on this matter.

According to China's Foreign Ministry, Namibian President Nandi-Umdumbe will conduct a state visit to China from July 5 to 11, marking his first official visit to the country since taking office. The delegation will visit Beijing as well as Guangdong and Sichuan provinces.

According to traders, TotalEnergies is supplying millions of barrels of Iraqi crude oil to Asian buyers on July 3, including Basrah Light and Basrah Heavy grades. The French energy giant is offering collection and freight services to Asia-based customers, contrasting with Iraqi National Oil Marketing Organization's previous spot market sales requiring buyers to arrange vessels through the Strait of Hormuz.

According to Coinglass, Binance received net inflows of 39.24 million USDT in the past hour.

According to BeInCrypto Research and RWA.xyz, 56% of the tokenized real-world asset market showed no weekly on-chain transfer activity as of May 2026, despite the sector reaching approximately $60 billion in total value. The concentration is severe: just 62 assets account for about 88% of total tokenized RWA value, indicating that many tokenized assets exist on-chain but remain inactive and are not actively circulating or trading.

According to Reuters, Meta CEO Mark Zuckerberg admitted on July 2 during an internal town hall that the company's artificial intelligence development has faced challenges, with AI agents progress lagging behind expectations. He noted that over the past four months, development trajectory has not accelerated, and the organization's restructuring pace was "not fast enough," with misjudgments on timing. Meta plans to invest $145 billion in AI infrastructure this year. Zuckerberg expects these inves

According to ripple.com, Ripple joined the Open USD (OUSD) stablecoin consortium on June 30, 2026. The consortium includes major traditional finance players such as Visa, Mastercard, and BlackRock. The group's OUSD stablecoin does not run directly on the XRP Ledger, meaning the development complements rather than replaces existing XRP functionality.

According to TRON DAO, the blockchain network activated post-quantum signature support on its Nile Testnet on July 2, 2026, using standards developed by the U.S. National Institute of Standards and Technology (NIST). The upgrade is designed to strengthen the network's resilience against future security risks associated with advances in quantum computing. The Nile Testnet serves as a testing environment for developers to evaluate the quantum-resistant technology before potential deployment on TRO

According to Foresight News, Quant has joined the x402 Foundation, hosted by the Linux Foundation, as announced by Quant founder Gilbert Verdian. The blockchain interoperability provider's Quant Fusion Layer 2.5 multi-ledger Rollup solution now supports the x402 standard across more than 70 networks.