Gate Crypto Flash News and Market Updates

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

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.

According to Ukraine's National Security Service, Ukrainian forces struck a Russian air base in Crimea, destroying or damaging at least seven aircraft.

According to Huobi HTX's official announcement, the exchange launched perpetual contracts for CATSTOCK, TXN, FLEX, TER, and BOT on July 3, with a maximum leverage of 10x. The exchange simultaneously initiated a trading competition running from July 3, 15:00 to July 10, 15:00 (UTC+8), featuring a combined prize pool of $20,000.

According to sources, Kazakhstan's oil and gas production rose to 2.16 million barrels per day in June, up from 2.12 million barrels per day in May.

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.

According to ChainCatcher, B.AI announced a strategic partnership with Tencent Cloud to build enterprise-grade financial infrastructure for the AI agent era. The collaboration will integrate B.AI's experience in on-chain finance with Tencent Cloud's cloud computing capabilities.

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

According to SolanaFloor via X, Solana's real-world asset (RWA) value reached a record high of $3.62 billion in the past 7 days, with new RWA inflows of $540 million added during the period.

According to QCP Capital, Bitcoin fell to approximately $57,700 on July 3 before rebounding above $60,000 following weaker-than-expected U.S. non-farm employment data. Ethereum displayed stronger momentum, reclaiming the $1,700 level with a near 10% bounce from mid-week lows. Bitcoin spot ETFs recorded $224 million in net inflows, ending six consecutive trading days of outflows. The options market digested earlier panic, with short-dated implied volatility declining and the term structure return

Gate News message, CryptoRank.io released Q2 2026 crypto market analysis. The research team analyzed major crypto categories limited to tokens with 24-hour volume exceeding $1 million, finding median returns were negative across all categories. The worst performers were L2 at -24.9%, DePIN at -24.8%, and L1 at -22.8%. Additionally, 82.1% of Top-100 assets declined in June, all 8 key narratives posted negative median returns, and on-chain fees fell by 44.6% on average.

Trump's official financial disclosure filed Wednesday revealed $2.2 billion in wealth, with a cryptocurrency business that minted roughly $1.2 billion in 2025 — his richest year on record and exceeding decades of real estate profits in a single year. His largest payday was $635 million in royalties from the $TRUMP meme coin, which has since crashed approximately 95% from its inauguration-week launch. Democrats plan a subpoena campaign targeting Trump's inner circle if they win the House in Novem

According to Nomura strategist Andrew Ticehurst, the firm recommends positioning for the Reserve Bank of Australia and the Federal Reserve to maintain interest rates through the end of 2026. Ticehurst stated that Nomura's fundamental outlook and short-end rate views diverge from current market pricing, with the RBA having a long way to go before considering rate cuts despite expected below-trend growth in Australia. Meanwhile, Nomura's U.S. counterparts view Federal Reserve Chair Powell's recent

According to Francois Moulin, a governing council member of the European Central Bank and head of the French central bank, artificial intelligence will have a significant inflationary effect. Moulin noted that no second-round effects have been observed so far.

ECB Governing Council member Mulan stated that the central bank has made no commitment regarding its upcoming monetary policy decision, signaling flexibility in the decision-making process.

According to ECB Governing Council member Mulan, the European Central Bank will release new economic forecasts in September.

According to BlockBeats, prediction market platform Predict.fun data showed on July 3 that Argentina faces Cape Verde in the 2026 FIFA World Cup Round of 32 knockout stage. The market gives Argentina an advancement probability of approximately 94%, while Cape Verde holds only 7%, reflecting widespread trader confidence in defending champion Argentina's progression to the next round.

According to Iran's Civil Aviation Organization, announced via Jin10 on July 3, Tehran airspace will completely close on July 6 for the funeral of Iran's late Supreme Leader Khamenei. All flights will be halted during the closure.

According to Sotheby's, NVIDIA CEO Jensen Huang is auctioning his signature black Tom Ford leather jacket on July 7, with an estimated value of $40,000 to $60,000. Proceeds from the sale will benefit the Edge Institute, a non-profit organization that supports researchers and builders in technology, science and culture through fellowships, grants and residencies.

According to analyst Darkfost, long-term Bitcoin holders (LTH) now hold approximately 15.6 million BTC, representing about 78% of circulating supply and continuing to rise, as of July 3. The increase reflects coins purchased around six months ago at approximately $90,000 transitioning into LTH status. Darkfost noted that August data will be key to observing whether BTC purchased during February's drop below $60,000 has entered the long-term holder stage, revealing the true demand generated by th