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
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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16:27

Polymarket Traders Price Bitcoin at Just 21% Odds of Hitting $70K in July as ETF Inflows Resume

According to Polymarket, traders price Bitcoin reaching $70,000 in July at just 21% probability, with roughly $102,000 wagered on the strike. Meanwhile, U.S. spot bitcoin ETFs recorded $221.7 million in net inflows yesterday, the strongest daily intake since early May, reversing a $1.79 billion outflow in late June. The prediction market gives $65,000 a 63% chance but only 5% odds for $75,000, suggesting traders expect a partial recovery rather than a breakout.
16:25

Record 72.2 Million Americans Hit the Road on July 4 as Gas Prices Hit $3.77 Per Gallon

According to the American Automobile Association (AAA), a record 72.2 million Americans are traveling at least 50 miles for Independence Day despite elevated gas prices. Gas price tracking platform GasBuddy reported that the national average gas price reached $3.772 per gallon on Friday, up 62.7 cents year-over-year. GasBuddy had forecasted July 4 prices around $3.75 per gallon, representing the second-highest level since 2022 when prices peaked at $4.80 per gallon.
16:22

NOBLE Backs CLARITY Act on July 2 as Lummis Pushes for Senate Vote Before August Recess

According to Bitcoin.com News, the National Organization of Black Law Enforcement Executives (NOBLE) endorsed the Digital Asset Market Clarity (CLARITY) Act on July 2, becoming the first major law enforcement group to formally support the market-structure legislation. The organization argued the bill strengthens rather than weakens enforcement tools, citing provisions for anti-money laundering coverage, sanctions enforcement authority, and expanded digital-asset seizure capabilities. Senator Cyn
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16:22

French Corn Crop Faces Up to 30% Damage from Western Europe Heat Wave Last Week

According to France's agriculture ministry, last week's heat wave sweeping Western Europe caused damage to up to 30% of the country's corn crop, marking one of the region's most significant agricultural impacts. The preliminary estimate also documented destruction to approximately 50% of carrot crops, 60% of hop production, and extensive damage to fruit orchards, with tens of thousands of poultry deaths reported.
16:12

Strategy CEO Predicts Bitcoin Will Become Global Reserve Asset by 2036

Strategy CEO Phong Le recently predicted that Bitcoin will become the world's digital reserve asset within 10 years, with governments eventually holding BTC alongside gold and the U.S. dollar. Le said, "In 10 years, Bitcoin will become the digital reserve asset of the world. It'll be as important as the U.S. dollar." Strategy holds 847,363 BTC, making it the world's largest corporate Bitcoin holder. Bitcoin recently traded near $61,775, below Strategy's average acquisition cost of about $75,651
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16:12

AI for Good Global Commission Launches on July 2, Rwanda's Kagame Appointed Co-Chair

According to the International Telecommunication Union (ITU), the AI for Good Global Commission launched on Thursday, July 2, 2026, with Rwandan President Paul Kagame appointed as co-chair alongside Salesforce chair and CEO Marc Benioff. The commission brings together representatives from governments, businesses and international organisations to expand equitable access to AI and strengthen trust in the technology. Its inaugural meeting will take place during the ITU's AI for Good Global Summit
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16:03

Trump Discloses $1.4 Billion Crypto Earnings in 2025, Largest in U.S. Politics

According to the Office of Government Ethics, President Trump's financial disclosure revealed at least $1.4 billion in crypto earnings during 2025, making him the largest crypto earner in U.S. politics. The earnings include approximately $636 million from Trump's memecoin, $594 million from World Liberty Financial (co-founded with his sons), and nearly $197 million from a stablecoin venture. In a CNBC interview, Trump denied any impropriety and framed crypto as part of a technology race with Chi
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16:01

Top 100 Cryptos Today: Aerodrome Finance Surges 12.01%, SPX6900 Gains 8.68%

According to CoinMarketCap, as of July 3, the top five gainers among the top 100 cryptocurrencies by market cap were: Aerodrome Finance (AERO) up 12.01% to $0.5679; Worldcoin (WLD) up 10.88% to $0.4256; ether.fi (ETHFI) up 9.76% to $0.362; Celestia (TIA) up 9.00% to $0.4041; and SPX6900 (SPX) up 8.68% to $0.4086.