Gate Crypto Flash News and Market Updates

According to Jin10, Russia's gasoline shortage is affecting Central Asian countries as of July 2, with about 90% of Russian regions experiencing fuel rationing or supply disruptions as of late June. Kyrgyzstan appealed to regional partners including Kazakhstan, Azerbaijan, and Turkmenistan this week for assistance in ensuring energy security and maintaining stable oil product supplies. Uzbekistan, located west of Kyrgyzstan, saw fuel prices surge sharply, while Kazakhstan, the region's largest e

According to OKX data, Solana (SOL) broke above $80 USDT, trading at $80.12 with a 24-hour gain of 6.18%.

According to Odaily, Wells Fargo raised Meta Platforms' price target from $765 to $767, maintaining an 'Overweight' rating on the stock.

According to Beating, AI 3D generation company VAST completed a strategic A3 round of financing exceeding 1 billion yuan, with backing from Geely Capital, 4399, Greedy Play Games, and Giant Networks. The round came approximately one month after the company raised nearly $200 million in its previous round. Game developers including 4399 and Giant Networks are drawn to VAST's ability to accelerate 3D asset creation, reducing texture production time from days to two minutes. Industrial players like

According to Ukrainian Air Force, Russia launched 74 missiles and 496 drones against Kyiv and other areas overnight on July 1-2, killing at least 17 people and injuring over 90. The strikes included 4 Zircon hypersonic cruise missiles. Russian Defense Ministry stated it conducted the strikes in response to Ukrainian attacks on Russian civilian infrastructure, targeting military-industrial and energy facilities in Kyiv region as well as Ukrainian military airfields. Russian air defense systems in

According to CNBC, Robinhood CEO Vlad Tenev predicted on Thursday that AI agents will soon have the ability to match the capabilities of human traders. Robinhood unveiled tools in May that allow AI agents to execute stock trades and make purchases on users' behalf, bringing institutional-grade trading capabilities to everyday investors.

According to Foresight News citing Sarawak government official reports, FLock.io institutional development lead Mohammed Marikar recently participated in discussions between UK MP and ASEAN trade envoy Naz Shah and Sarawak Chief Minister Abang Johari in Kuching. The dialogue focused on sovereign AI, energy transition, and sustainable development in Sarawak. FLock.io and the Sarawak Artificial Intelligence Centre (SAIC) completed federated learning-based indigenous language LLM fine-tuning practi

According to Foresight News, Bybit Earn launched dual-currency yield farming with HYPE and TSLAX this week, offering annual returns up to 555%. Users can stake USDT to earn yields in either HYPE or TSLAX.

According to BlockBeats citing Arkham data, SpaceX stock dropped $20 per share over the past 24 hours on July 2. Based on Musk's holding of 5.49 billion shares, his personal wealth in SpaceX stock lost approximately $109.8 billion in unrealized value. The stock currently trades at $156 per share.

According to Jin10 Data, Beijing Junzheng reported on July 2 that NOR Flash accounts for over 30% of the memory market, with prices rising in both Q1 and Q2 2026, though at a more moderate pace than DRAM due to better production capacity. The company realized significant revenue growth in Q1 primarily driven by volume expansion, with AI server and optical module segments showing notable growth since the start of 2026.

According to Saudi Arabia's Al Arabiya television, sources indicate that the United States and Iran's next round of negotiations will take place on July 18.

On July 1, U.S. spot crypto exchange-traded funds recorded $280.7 million in combined net outflows, with Bitcoin ETFs leading the decline by shedding $296.0 million. BlackRock's IBIT lost $219.4 million, Grayscale's GBTC lost $62.8 million, Fidelity's FBTC declined $51.0 million, and ARK 21Shares' ARKB shed $39.9 million. The redemptions marked the seventh consecutive negative session for Bitcoin ETFs since June 23, with cumulative outflows totaling approximately $2.47 billion over that period.

According to an interview published on July 2, Able Finance CEO Islam Shazhaev explained the company's strategy to capture the $4.93 trillion Islamic finance market by building proprietary stablecoin infrastructure rather than competing on payments alone. The platform combines an AI-native architecture with USDa, a Sharia-compliant stablecoin governed by an independent Islamic scholars board, designed to deliver yield while adhering to halal principles. Shazhaev stated that existing stablecoins

According to market analysis reported on July 2, Meta signed an agreement with Crusoe Energy on June 30 to obtain 1.6GW of AI computing capacity from two data centers in Texas and Missouri. Simultaneously, Meta raised its full-year capital expenditure guidance to $125-145 billion, signaling continued investment in cutting-edge chips. The dual moves suggest Meta is reallocating resources across hardware generations: deploying new high-end processors for advanced model training while redirecting o

According to market sources, on July 2, WTI crude oil near-month spread turned to futures premium for the first time since November 2024.

According to BlockBeats, on July 2, Iran's military issued a stern warning ahead of Supreme Leader Ayatollah Ali Khamenei's state funeral. Commander Ali Abdullahi of Iran's Armed Forces said: "We warn the US and Israel not to make any miscalculation. Any threat or aggression will result in brutal retaliation from Iran's armed forces." Foreign Minister Araghchi called on Trump to "control your proxies in Tel Aviv" on social media. The funeral procession will begin in Tehran on July 4 and conclude

According to Jin10, on July 2, U.S. Senator Elizabeth Warren urged Federal Reserve Governor Christopher Waller to cease his comprehensive reform plan for the Federal Reserve's 12 regional banks. Warren stated that Waller's proposal appears to conflict with federal law and could undermine the Fed's independence. Warren said: "This looks less like a serious Federal Reserve reform proposal and more like a carefully calibrated effort to please President Trump, who wants more power over regional bank

Hyperscale Data (GPUS) purchased 67 additional Bitcoin today (July 2), bringing its total BTC holdings to 849.

According to Zhitong Finance, on July 2, mainland Chinese investors recorded a net outflow of 19.74 billion HKD from Hong Kong stocks. Shanghai-Shenzhen Stock Connect via Shanghai saw net inflows of 22.77 billion HKD, while the Shenzhen route saw net outflows of 42.51 billion HKD. The most-bought stocks were Unimind (09880) with 396 million HKD net inflows, Zhipu (02513) with 337 million HKD, and Alibaba-W (09988) with 301 million HKD. The heaviest net sellers were semiconductor and PCB-related

According to China's Ministry of Natural Resources, on July 2, Japan and the Philippines' plan to launch bilateral maritime delimitation negotiations in waters east of Taiwan constitutes international wrongdoing. The proposed delimitation zone overlaps significantly with China's exclusive economic zone and continental shelf claimable under international law. The ministry stated that the move disregards the region's specific geography, violates principles of sovereign equality and good faith, and