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
10:32

Bitcoin ETF Net Inflows Rebound to $221.7M on Thursday, Ending 10-Day Outflow Streak

According to SoSoValue, US spot Bitcoin ETFs recorded $221.7 million in net inflows on Thursday, ending a 10-day withdrawal streak that had drained more than $2.7 billion. This marked the first daily inflow above $200 million since early May. Fidelity's Wise Origin Bitcoin Fund led the rebound with $166 million in net inflows, representing approximately 75% of total daily flows. ARK 21Shares Bitcoin ETF added $91.8 million, while BlackRock's iShares Bitcoin Trust posted $40.4 million in net outf
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10:32

Bitcoin Long-Term Holders Resume Accumulation as BTC Drops Below $60K, ETF Outflows Persist

According to Glassnode's latest weekly report, long-term Bitcoin holders resumed accumulating BTC after the asset fell below $60,000, with multiple wallet cohorts absorbing selling pressure simultaneously. The market remains pressured by sustained net outflows from U.S. spot Bitcoin ETFs, defensive options hedging, and macroeconomic contraction expectations, signaling cautious sentiment among institutional investors.
10:29

Chifeng Gold Stock Surges Over 20% in 3 Consecutive Days Amid Gold Price Volatility

According to Jin10 Data, Chifeng Gold's stock surged with cumulative price deviation exceeding 20% over three consecutive trading days (July 1-3, 2026), triggering an abnormal trading alert under Shanghai Stock Exchange rules. The gold mining company attributed the volatility to significant fluctuations in market prices for gold products, which is expected to impact operating results. Internal operations remain normal with no major changes in the operating environment. The company is currently c
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10:29

Typhoon Messak Lands in Hainan on July 3 with 9-Level Winds, First to Hit China This Year

According to the Central Meteorological Administration, Typhoon Messak made landfall near the coast of Lingshui Li Autonomous County in Hainan Province on July 3 at 18:20 local time, with maximum sustained winds of 9 on the Beaufort scale (23 meters per second) and a minimum central pressure of 990 hectopascals. This marks the first typhoon to land in China in 2026.
10:27

Bulgaria Will Reserve Position on EU's 21st Sanctions Package Against Russia, PM Says

According to Xinhua, Bulgarian Prime Minister Radev said on July 3 that Bulgaria will express reservations on the European Union's 21st round of sanctions against Russia. Radev stated during a parliament session that the move aims to protect Bulgaria's national interests. "We will not allow sanctions against Russia to impact Bulgaria's economy," he said.
10:22

U.S. Warns Poland of Potential Russian Armed Provocations on July 3

According to sources, the United States has warned Poland on July 3 that Russia could be preparing armed provocations on Polish territory to test NATO's response. Potential scenarios include missile or drone strikes against critical infrastructure and limited border incursions by Russian troops. Moscow's goal is to raise tensions within the alliance and pressure Western governments to suspend military support for Ukraine, with the operation potentially launched within months.
10:07

Samsung Electronics, SK Hynix Surge 8-11% on July 3 After Two-Day Plunge

According to iNews24, Samsung Electronics and SK Hynix rebounded sharply on July 3, surging 8.22% to 309,500 Korean won and 10.88% to 2.425 million won respectively, reversing steep declines from the previous day when both stocks fell 9.06% and 14.57% respectively. Intraday volatility was significant, with both stocks initially declining at market open before recovering as buying pressure intensified.
10:06

Northern Investors Net Buy 45.38B HKD in Hong Kong Stocks Today; AI Hardware Shows Divergence

According to Zhitong Finance, northern investors recorded net inflows of 45.38 billion HKD today (July 3) in Hong Kong stocks, with Shanghai Connect accounting for 44.68 billion HKD and Shenzhen Connect 700 million HKD. AI hardware stocks displayed divergence: PCB leader Chia Tai Flooring (01888) saw net inflows of 903 million HKD, while chipmakers faced selling pressure—SMIC (00981) and Huahong Semiconductor (01347) each saw net outflows of 803 million and 996 million HKD respectively. Small Ca
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10:05

China's Central Bank Issues Draft Financial Industry Cybersecurity Management Measures on July 3

According to Jin10 Data, China's central bank and two other government departments issued a draft version of the Financial Industry Cybersecurity Management Measures on July 3 for public consultation. The measure aims to strengthen cross-departmental supervisory coordination on financial network security and implement enhanced protection for critical information infrastructure in the financial and other essential sectors.
10:04

Deutsche Bank Forecasts Meta AI Compute Sales Could Add $90B-$300B Revenue by End of 2027

According to Deutsche Bank, Meta's plan to sell AI computing capacity and model access to external customers on July 3 represents a new monetization channel rather than a retreat from advanced model development. The bank estimates Meta could reach 8-11.5 GW of AI-related compute capacity by end of 2027, with 1.2-2.7 GW available for external sale. Assuming 75% sell-through at $10-15 billion per GW annually, Meta could generate $90-300 billion in new revenue, with a base case of $175 billion, rep
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10:03

Hyperliquid Strategies Buys 600K HYPE Tokens Worth $40.6M in Past 7 Days

According to ChainCatcher, Hyperliquid Strategies (ticker: PURR), an institutional crypto asset manager focused on the Hyperliquid ecosystem, purchased 600,000 HYPE tokens over the past 7 days, valued at approximately $40.6 million at current market prices. The institution deployed $36 million in cash reserves for this purchase and currently maintains $149.4 million in total cash reserves.
09:58

South Korea's 1-Year IRS Rate Rises to 3.5050% on July 3 as Risk Appetite Recovers

According to Yonhap Infomax, South Korea's 1-year interest rate swap (IRS) rate rose 0.25 basis points to 3.5050% on July 3, as returning risk appetite offset weakness from won strength. The 3-year IRS rate fell 0.25bp while the 5-year rose 0.50bp and the 10-year increased 0.5bp. Trading volume remained subdued, with IRS tracking government bond futures, though showing slightly softer momentum as market expectations for a broader bond rally weakened.
09:55

High-Net-Worth Individuals in Seoul Jump 36% as KOSPI Rally Fuels Wealth Effect

According to Herald Economy, Seoul's ultra-high-net-worth population surged 36.3% year-over-year as of June 2026, with 6,220 individuals holding assets exceeding $30 million, making the city the fastest-growing among the world's 12 largest wealth hubs, according to Altrata's June 22 report. The surge follows a dramatic rally in South Korea's stock market, with the KOSPI index climbing from 2,000 points last year to a peak of 9,000 points in 2026, currently settling around 7,000 points. The wealt
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