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.
2026-07-02
22:39

Lithium Iron Phosphate Prices Surge Over 80% Year-over-Year in June as Supply Tightens

According to Longzhong Information, lithium iron phosphate prices surged 19.34% year-to-date and over 80% year-over-year in June 2026, with the monthly average price reaching 61,113.33 yuan per ton. Leading battery material enterprises are operating at full capacity, with premium-grade products facing acute supply shortages and accelerating the market into a high-growth cycle. Industry analysts expect profitability to improve further in the second quarter.
22:27

Silver Cost Exceeds 90% of Solar Paste Production; PV Firms Deploy Futures Hedging Since 2025

According to Shanghai Securities News, photovoltaic silver paste manufacturers and upstream suppliers have been adopting futures and options trading strategies since 2025 to manage silver price volatility, which has reached historic highs. Silver represents over 90% of production costs in solar cell manufacturing. Companies have established dedicated trading teams to implement hedging strategies on silver price exposures in production operations and secure forward physical silver supplies throug
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22:22

Super Micro Computer Stock Falls 1.56% After Issuing Letter to Deny Nvidia Chip Smuggling Investigation Involvement

According to Barron's, Super Micro Computer (SMCI) issued a public letter on Thursday denying it is a subject of a Taiwan investigation into alleged Nvidia chip smuggling to China, as the company seeks to reassure customers and investors. The stock fell 1.56% to close at $27.22, extending losses from a 6% drop the prior trading day and a cumulative 23% decline over the past eight trading days. The company confirmed that four employees were questioned by Taiwan's prosecutors on Monday in connecti
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22:21

Hang Seng Index Bull-Bear Warrant Ratio Stands at 51:49 as of July 3

According to Zhitong Finance, as of July 3, the Hang Seng Index bull-bear warrant ratio stood at 51:49, based on data from CITIC Securities' warrant distribution chart. Bear warrants concentrated in the 23,300–23,399 range with 546 positions, while bull warrants clustered in the 22,500–22,599 range with 967 positions.
22:21

Hang Seng Index Night Futures Close at 23,061 on July 3, Up 10 Points

According to Sina Finance, the Hang Seng Index night futures (July contract) closed at 23,061 points on July 3, up 10 points or 0.043%, trading at a 6-point premium. Open interest totaled 123,648 contracts, up 3,598 contracts, with net long positions of 45,303 contracts, up 4,540 contracts.
22:17

Gold Corrects to Fair Value, Positioning for 25% Gain Through Q1 2027: WisdomTree's Shah

According to Nitesh Shah, Head of Commodities and Macroeconomic Research at WisdomTree, gold has corrected back to fair value this year rather than signaling the end of a secular bull market. Speaking to Kitco News following the Federal Reserve's June monetary policy meeting, Shah noted that markets have become overly aggressive in pricing future interest rate hikes, overlooking broader economic constraints. His valuation model, incorporating bond yields, the U.S. dollar, inflation, and speculat
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22:11

Federal Reserve Has 82.4% Probability of July Rate Hold, 17.6% Chance of 25bp Hike

According to CME FedWatch, on July 3, the Federal Reserve has an 82.4% probability of keeping rates unchanged in July, with a 17.6% probability of a 25 basis point rate increase. For September, the Fed has a 46.8% probability of maintaining rates, a 45.6% probability of a cumulative 25bp hike, and a 7.6% probability of a cumulative 50bp increase.
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22:05

Trump Reiterates Iran Will Buy U.S. Corn, Wheat Under Peace Deal; Tehran Rejects Claim

According to CNBC, Trump reiterated on July 3 that Iran will purchase U.S. agricultural products including corn, wheat, and soybeans as part of a potential peace agreement to end the conflict between the U.S. and Iran. Trump stated the funds should be used for food purchases rather than rebuilding Iran's military. However, Iran's central bank governor rejected the claim last month, telling the Tasnim News Agency that Tehran has no obligation to buy agricultural inputs from the U.S.
22:03

Metaplanet Buys 2,823 BTC in Q2, Pushes Holdings to 43,000 as Average Cost Falls to $106,500

According to a July 2 regulatory filing, Metaplanet acquired 2,823 Bitcoin during the second quarter at an average price of approximately $88,300 per coin, pushing its total holdings to 43,000 BTC. The Japanese investment firm has reduced its overall average acquisition cost to roughly $106,500 from $107,700, with total holdings valued at approximately $4.5 billion. Metaplanet's continued accumulation contrasts with larger rival Strategy, which paused its usual weekly purchases in June while unv
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21:58

Tesla Caps Weekly AI Tool Costs at $200 Per Employee Starting July 6

According to The Information, Tesla notified employees on July 3 that effective July 6, it will cap weekly AI tool usage costs at $200 per employee, requiring approval for overages. Previously, engineers' weekly AI costs routinely reached thousands of dollars. Over the past six months, Tesla has promoted an internal AI platform called "Bottle Rocket," integrating models from OpenAI, Anthropic, and xAI, shifting from decentralized to company-level management of AI resource spending.
21:55

U.S. Dollar Falls 0.5% Thursday as June Nonfarm Jobs Miss Expectations at 57,000

According to the U.S. Bureau of Labor Statistics, the U.S. Dollar Index fell 0.5% on Thursday (July 2) to 100.86 after June nonfarm employment rose only 57,000, missing market expectations of 114,000 and falling below May's revised 129,000. The weak jobs data softened Fed rate-hike expectations, with the CME FedWatch tool showing reduced probability of tightening. June unemployment fell to 4.2% from 4.3%. The Japanese yen surged 0.9% to 161.12 against the dollar on speculation that Japan's centr
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