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
01:31

THEA AI Network Completes $8M Funding Led by Maven11 Capital on July 3

According to Cryptobriefing, THEA, a predictive behavior AI network focused on risk markets, completed an $8 million funding round on July 3 to build its Solana-based coordination layer and expand AI infrastructure. The round was led by Maven11 Capital, Spartan Group, ManifoldTrading, HackVC, and Fisher8 Capital. THEA plans to launch THEA Network, a coordination layer that routes inference requests and settles transactions on Solana while keeping data processing off-chain. The company also plans
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01:31

Amazon Deploys 29 More Satellites to Leo Constellation, Aiming for Initial Service Later This Year

According to CNBC, Amazon deployed 29 satellites via United Launch Alliance's Atlas V rocket early Thursday (July 3), bringing its Leo low-earth orbit satellite constellation to over 390 units. The company said the deployed satellites are sufficient to deliver continuous service in initial coverage areas, paving the way for the planned launch of Amazon Leo's initial service later this year. The milestone puts Amazon in direct competition with SpaceX's Starlink, which has roughly 10,000 satellite
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01:30

U.S. AI Stocks Decline Sharply as Nasdaq Closes Down 0.8%; Teradyne Plunges 13.63%

According to Odaily and MSX.COM market data, U.S. stocks closed today with mixed results: the Dow Jones Industrial Average rose 1.14%, the S&P 500 remained flat at 0%, and the Nasdaq fell 0.8%. The VIX fear index declined 2.65%. AI-related stocks faced broad selling pressure, with Teradyne dropping 13.63%, KLA declining 11.51%, Ambarella falling 11.3%, Marvell down 9.84%, and Dell losing 7.27%.
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01:22

BNB Chain Launches Self-Service Recovery Tool for Orphaned BEP2 and BEP8 Tokens on July 1

According to BNB Chain's official GitHub repository, the platform launched a self-service recovery tool for orphaned BEP2 and BEP8 tokens on July 1, 2026. The service eliminates the need for manual customer support tickets, allowing users to autonomously retrieve stuck assets. This release is part of BNB Beacon Chain's ongoing decommissioning and merge plan.
01:21

National Australia Bank Forecasts AUD/USD to Fall to 0.67 by End-2027 Amid RBA Rate Cuts

According to National Australia Bank on July 3, the bank holds a pessimistic outlook on the Australian dollar for 2027, forecasting the Reserve Bank of Australia will cut rates by 75 basis points starting in the second quarter of 2027. The bank now expects AUD/USD to trade at 0.67 by year-end 2027, down from its prior forecast of 0.70, and believes the rate may dip to 0.65 at some point.
01:19

Defense Tech Startups Raise Record $17.4B YTD 2026, Up 55% From 2025

According to Dealroom, defense technology startups have raised a record $17.4 billion year-to-date in 2026, far exceeding the $11.2 billion secured in 2025. The largest funding rounds came from U.S.-based companies: Anduril raised $5 billion in May, Shield AI secured $2 billion in March, and Saronic Technologies closed an $1.8 billion round also in March.
01:17

ETH/BTC Ratio to Strengthen in H2 2026 Amid Growing Ethereum Monetary Narrative, Tom Lee Says

According to Tom Lee, chairman of Ethereum's largest treasury BitMine, the ETH/BTC ratio has substantial reasons to strengthen in the second half of 2026 as Ethereum's narrative as a monetary asset gains market traction, BlockBeats reported on July 3. Tom Lee cited three catalysts reinforcing ETH's value storage attributes: continued stablecoin growth, the wave of asset tokenization, and an increase in Ethereum ecosystem forks and new projects. Macroeconomic factors also support the trend, inclu
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01:17

CNY Weakens to 6.8047 Against USD, Down 41 Basis Points on July 3

On July 3, 2026, the interbank foreign exchange market set the yuan's midpoint rate at 6.8047 against the U.S. dollar, down 41 basis points, signaling depreciation. The euro midpoint was set at 7.7609, up 247 basis points, while the British pound stood at 9.0600, up 313 basis points. The yen midpoint was set at 4.2094 per 100 units, up 254 basis points. The Swiss franc midpoint reached 8.4458, up 421 basis points.
01:16

Quantum Systems Raises $1.2 Billion in Series D, Reaching $8 Billion Valuation

According to an official announcement, German autonomous drone startup Quantum Systems raised $1.2 billion in its Series D funding round, bringing the company's post-money valuation to approximately $8 billion. The round was led by Blackstone, Noteus, Airbus, and Advent, with participation from Bond, Fidelity Management and Research Company, Balderton, and HV Capital. Quantum Systems develops unmanned systems for land, sea, and air applications.
01:15

PwC Forecasts Hong Kong IPO Market Growth to Extend Through 2027, Expects 380B HKD Financing in 2026

According to PwC statement on July 3, the accounting firm forecasts Hong Kong's IPO market growth will extend through 2027, supported by increasing Chinese tech companies seeking dual listings and strong foreign investor interest in high-growth sectors. PwC expects full-year 2026 financing to reach 380 billion HKD. Hong Kong's IPO market raised 210 billion HKD in the first half of 2026 with 87 new listings, both five-year highs. A-share companies accounted for 58% of total financing. PwC anticip
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