Gate Crypto Flash News and Market Updates

According to a July 1 regulatory filing, IREN Ltd.'s board approved restricted stock units valued at approximately $788 million for co-CEOs William Roberts and Daniel Roberts. The same week, the Australian cloud services provider announced it will become the official jersey patch partner for the NBA's Golden State Warriors starting in the 2026-27 season, with the deal valued at more than $50 million per year. IREN stock dropped over 10% on Thursday, extending losses to a ninth consecutive sessio

On Jul 2, the IMF said tokenization could transform settlement and financial stability, while blockchain-based finance could streamline markets. However, the global lender warned that fragmented standards and regulations may create new systemic risks.

According to the bank, Standard Chartered and Circle announced Thursday they have launched a system allowing institutional clients to mint and redeem USDC directly through Standard Chartered's platform. The bank said it is the first Global Systemically Important Bank to offer such a service for the dollar-backed stablecoin, initially rolling out through the Dubai International Financial Centre.

According to the New York Times, U.S. intelligence and diplomatic officials feared Israel might attempt to assassinate key Iranian negotiation representatives, including Foreign Minister Araghchi and Parliament Speaker Ghalibaf, during secret U.S.-Iran talks in spring 2026. Concerned such actions would derail ongoing ceasefire negotiations, the U.S. conveyed potential risk warnings to Iran through regional intermediaries. The diplomatic effort involved Vice President Vance, Middle East envoy Wit

According to The Information, Tesla has limited employee AI spending to a maximum of $200 per week, as outlined in a company memo.

According to Russia's Central Bank Governor, the country plans to roll out its digital ruble on Sept. 1, 2026. The announcement comes as EU authorities have already preemptively sanctioned Russia's digital ruble in 2025 as part of measures in response to the country's military operations in Ukraine.

According to Jin10 Data, on July 3, sources told energy intelligence reporter Amena Bakr that Saudi Arabia's average daily crude oil and refined product exports are approximately 5.8 million barrels per day, not the 6.3 million barrels per day previously reported. The higher figures included volumes from ships that had been stranded earlier. Bloomberg's tanker tracking data showed that over the six days through Wednesday, Saudi Arabia's average daily crude shipments were 6.3 million barrels, rou

According to Meta CEO Mark Zuckerberg, AI agent development has not accelerated as expected over the past four months, he stated during an all-hands meeting. Zuckerberg also noted that the company's 2026 organizational restructuring could have been executed more smoothly.

The onshore yuan (CNY) closed at 6.7830 against the U.S. dollar at 03:00 Beijing time, up 50 points from Wednesday's close. Trading volume reached $60.508 billion.

On Thursday, July 2, the Bloomberg Commodity Price Index edged up 0.04% to 29.5199 points, with the index reaching an intraday high of 29.7725 points before retreating. CBOT corn futures declined 0.34% to $4.4075 per bushel, while soybeans fell 0.22% to $11.4675 per bushel. CBOT wheat futures rose 0.04% to $6.0025 per bushel. Soybean meal futures dropped 0.10%, while soybean oil futures gained 0.21% in the session.

According to CNBC, on July 3, the volatility gap between the Nasdaq 100 and S&P 500 indices has widened to its highest level since the 2008 financial crisis, as traders grow cautious toward technology stocks. Investor demand for Nasdaq-100 put options has surged, reflecting rising concerns over potential pullbacks in tech and AI sectors. The semiconductor ETF (SMH) fell over 5% on Thursday, underscoring weakening momentum in popular tech names.

According to Jin10, on July 2, Chinese Commerce Minister Wang Wenzhao and UK Secretary of State for Business Kair co-chaired the 15th China-UK Joint Economic and Trade Committee meeting in London. The two sides exchanged views on trade, investment, and regional cooperation. Wang expressed that China welcomes UK enterprises to expand investment in China and urged Britain to provide a fair and non-discriminatory environment for Chinese businesses. China voiced serious concerns over UK steel quota

According to Al Arabiya, France's Foreign Ministry announced on July 2 that it will deploy international forces to support the Lebanese military upon Lebanon's request.

According to Bitcoin.com News, Jon Atack warned on June 29, 2026 that Bitcoin users should avoid transfers in August when BIP-110 soft fork activation nears block 961,632. Atack posted the warning on X, noting he plans to run both standard Bitcoin Core and Bitcoin Knots 110 nodes simultaneously to monitor network behavior. BIP-110, a temporary soft fork proposal, limits arbitrary transaction data including large OPRETURN outputs and inscriptions. Mandatory signaling begins around block 961,632,

According to CNBC analysis of Trump's 2025 financial disclosure, President Trump made 327 stock purchases on April 8, 2025, focusing on Magnificent Seven technology stocks. He bought between $100,001 and $250,000 in shares of Apple, Alphabet, Amazon, Microsoft, and Nvidia each that day, as these companies fell sharply following his tariff policy announcement on April 2. On April 9, minutes after market open, Trump posted on Truth Social that "THIS IS A GREAT TIME TO BUY!!!" and announced he was

According to the World Gold Council's mid-year outlook, gold is likely to trade in a range around $4,100 per ounce with ±5% fluctuation for the remainder of 2026, with potential catalysts to break out from current levels. On the upside, worsening economic conditions, geopolitical shocks, lower interest-rate expectations, or wave buying could lift gold towards $4,500/oz or above. Conversely, resilient growth, rising yields, and calmer markets could push prices lower, though declines exceeding 10%

According to Citigroup, aluminum prices are expected to touch bottom within the next month and rally to $3,300–$3,500 per ton between September and December, driven by dovish Federal Reserve policy, declining real rates, and improved demand outlook. Aluminum prices have fallen approximately 20% from around $4,450 per ton over the past month, reflecting weaker-than-expected demand, slower inventory drawdowns, easing geopolitical tensions, and position liquidation. The bank attributed recent weakn

According to Jin10, China's Commerce Minister Wang Wentao presided over a roundtable meeting with over 10 Chinese-invested enterprises in London on July 2. Participants represented sectors including finance, insurance, new energy, automobiles, retail, and telecommunications. Wang noted that China-UK economic and trade ties have deepened in recent years, serving as ballast and driver for bilateral relations. He praised Chinese enterprises for maintaining operations despite challenging global cond

According to CNBC, Amazon deployed 29 satellites on Thursday atop a United Launch Alliance Atlas V rocket, bringing its Project Kuiper constellation to over 390 satellites. The milestone is sufficient to support "continuous service across initial latitudes," said Chris Weber, vice president of business and product for Amazon Leo. The company plans to begin "initial service" of its Leo internet-from-space network later this year, competing with SpaceX's Starlink in the low Earth orbit satellite m

According to the Shanghai Gold Exchange, gold T+D closed at 898.0 yuan per gram on the evening of July 2, rising 1.23%, while silver T+D closed at 14,810.0 yuan per kilogram, up 1.59%.