Gate Crypto Flash News and Market Updates

According to The Wall Street Journal's analysis on June 29, the U.S. Supreme Court ruled that President Trump cannot remove Federal Reserve Board member Cook, reaffirming congressional protections for Fed officials' tenure. The 5-4 decision limits the president's ability to pressure the Fed by replacing board members, providing institutional safeguards for Fed Chair Waller's independent leadership. If presidents could easily dismiss Fed officials and appoint loyalists, the Fed's independence wou

According to Stocktwits, Ouster Inc. (OUST) shares soared to $52.5 on Monday, reaching 54-month highs before paring gains to $49.56, levels last seen in December 2021. The stock surge was driven by renewed investor interest in the company's physical AI and robotics opportunities. Ouster signed a strategic agreement with AIM Intelligent Machines to supply digital lidar sensors for AI-powered autonomous heavy earthmoving equipment used in mining, construction and defense. The company also expanded

According to Craig-Hallum analyst, Rocket Lab (RKLB) stock jumped 17% on Monday after the company announced an $8 billion acquisition of Iridium Communications (IRDM). The analyst called the deal "transformational" and rejected concerns that the acquisition positions Rocket Lab as a competitor to SpaceX's Starlink, calling that interpretation the "wrong take." Iridium's L-band spectrum is designed for low-bandwidth, high-reliability use cases such as tactical communications, positioning/navigati

Caleb & Brown, an Australian crypto brokerage managing over $2 billion in client assets, has integrated Ripple Payments into its infrastructure to accelerate U.S. dollar withdrawals, replacing portions of traditional correspondent banking processes. According to Jake Boyle, Chief Commercial Officer at Caleb & Brown, the partnership addresses the industry's challenge of bridging blockchain-speed digital asset transfers with slower legacy fiat settlement systems. "Ripple Payments bridges the innov

According to Coinglass, 33 million USDT were transferred from Binance to an unknown wallet on June 30 at 02:00 UTC.

According to the UAE news agency WAM, the United Arab Emirates will allow its citizens to travel to Lebanon starting Monday, June 30.

According to The Economic Times, Tether's USDT stablecoin premium jumped above 8.5% in India on June 29 after the Enforcement Directorate (ED) cracked down on five crypto payment firms in Bengaluru. The ED claimed these firms facilitated unauthorized cross-border transfers worth over $265 million via virtual digital assets. Following the crackdown, market makers and liquidity providers retreated from USDT purchases, tightening supply. On June 26, USDT traded at INR 102.88 against the USD-INR pai

According to the Federal Court of Australia, Mercer Superannuation (Australia) Limited has been ordered to pay A$10.3 million in civil penalties for failing to comply with the country's mandatory breach reporting regime between 2021 and 2024. The company was also ordered to pay A$1.2 million towards the Australian Securities and Investments Commission's legal costs, bringing the total financial impact to A$11.5 million. The judgment found that Mercer admitted multiple contraventions, including f

According to The Jerusalem Post citing sources, the U.S. government said on June 30 that Israel-Syria normalization is very unlikely before October's Israeli parliamentary elections. Syria has demanded Israeli troop withdrawal from the buffer zone, but U.S. officials believe Prime Minister Benjamin Netanyahu is unlikely to approve such withdrawal ahead of the elections, viewing this as the main obstacle to advancing bilateral relations.

According to the Financial Times, SpaceX is preparing a major push into the U.S. consumer market with direct Starlink mobile services, triggering a significant sell-off in traditional telecom stocks on Monday. Verizon shares fell 7% in heavy trading, marking their worst single-day performance in nearly three years, while T-Mobile stock plunged to a fresh 52-week low. The prospect of a ubiquitous, satellite-powered network competing directly for standard smartphone users threatens the core busine

Coinbase, Kraken and OKX, which have received authorization from EU regulators, are moving to attract users from unlicensed exchanges amid MiCA (Markets in Crypto-Assets Regulation) compliance restrictions. The authorized platforms are offering transfer bonuses and prizes to incentivize user migration.

According to Bloomberg data compiled through June 26, emerging market ETFs listed in the U.S. attracted $466.9 million in inflows during the week, marking the second consecutive week of investor interest in funds tracking developing nations. Inflows the previous week totaled $2.16 billion. Year-to-date, emerging market ETFs have accumulated $41.9 billion in total inflows.

The Israeli Defense Forces announced it has completed sealing a Hamas tunnel estimated at approximately 16 kilometers in length. The operation was part of ongoing efforts to dismantle the militant group's underground infrastructure.

According to HTX trading data, Ethereum dropped below $1,600 on June 29, trading at $1,599.16 with a 24-hour gain of 1.85%.

According to HTX market data, Solana broke above $75 in the past 24 hours, trading at $75.00 with a 4.74% gain.

According to President Zelensky, Denmark's defense minister visited Ukraine for the first time and discussed a drone cooperation agreement with Ukrainian officials. Both sides agreed the accord is nearing completion and should be signed as soon as possible. Denmark's new government reiterated its commitment to continued firm support for Ukraine.

Shipping giant Maersk raised its full-year 2026 guidance on June 29, projecting base EBITDA of $80-100 billion, up from prior guidance of $45-70 billion. The company now expects base EBIT of $20-40 billion, surpassing analyst expectations of $14.2 billion. The upgrade reflects strong container market demand and a sustained surge in spot market rates. Maersk's ADR shares rose 7.6% on the announcement.

According to U.S. Department of Energy data, the Strategic Petroleum Reserve crude inventories fell by approximately 5.5 million barrels last week, declining to 325.7 million barrels—the lowest level since 1983.

BTIG's channel check on ServiceNow indicates AI-driven pricing uplift and early renewals ahead of Q2 results. The research firm's investigation also noted strong federal demand for the enterprise software platform.

According to Iran's Foreign Ministry spokesman, Iran's technical delegation will visit Qatar this week starting June 30 to discuss the implementation of a memorandum of understanding. The spokesman added that there are no planned negotiations with the United States in the coming days.