Gate Crypto Flash News and Market Updates

According to the Russian Federal Antimonopoly Service (FAS), the agency issued a warning to Apple on July 1 over alleged discriminatory practices against Russian search engines. FAS stated that iOS devices sold in Russia only come with foreign search engines pre-installed; users must manually change settings to use Russian search engines. The agency claims this practice violates Russian competition law.

According to China's Ministry of Commerce, China and Canada signed a roadmap for economic and trade cooperation in January 2026, establishing initial joint arrangements to address bilateral trade issues. Commerce Ministry spokesperson He Yaadong stated that both sides have maintained close communication on subsequent implementation. China is committed to expanding the cooperation list while narrowing the problem list through equal dialogue, promoting sustainable development of bilateral economic

According to its official announcement, on July 2, Binance launched Gram (GRAM) across Savings, Buy Crypto, Swap, VIP Loan, Margin, and Futures platforms.

According to Bitget's official announcement, the exchange launched 7 Hong Kong stock contracts on July 2, including Tencent, Meituan, NetEase, Xiaomi, Pop Mart, SMIC, and GigaDevice. All contracts are USDT-settled with up to 20x leverage and available for 24/7 trading.

Gate News message, Machi (@machibigbrother) sold another 3 Bored Apes today for 27.42 ETH ($44K) to raise funds for more ETH longs, taking a loss of 25 ETH ($40K). He currently holds a 2,600 ETH ($4.2M) long position, with a liquidation price of $1,596.69. According to Lookonchain, over the past month, Machi has sold 34 Bored Apes for 326 ETH ($514K), incurring a loss of 399 ETH ($631K). His biggest loss was on Bored Ape #6057.

According to UBS, recent negotiations between the United States and Iran, marked by a signed memorandum of understanding, coupled with increased oil flows through the Strait of Hormuz, have prompted the bank to lower its near-term oil price forecast.

According to Onchain Lens, whale Wang Chun deposited 16,842 ETH and 60 WBTC worth approximately $30.48 million to Binance today. The address has withdrawn 91,945 ETH (approximately $159.9 million) and 973 WBTC (approximately $60.72 million) from Binance since May 26.

On July 1, U.S. President Trump took his first flight aboard a presidential aircraft gifted by Qatar, praising the plane as one America "cannot build." Trump departed for North Dakota to attend the Theodore Roosevelt Presidential Library opening ceremony. In pre-flight remarks to media, Trump expressed enthusiasm about the historic flight, stating he had never encountered an aircraft of this caliber before.

According to BlockBeats, OpenAI introduced a Pre-Deployment Simulation method on July 2 to enhance the quality of AI-generated mental health advice. The method tests unreleased models using real user conversations from deployed versions, reviews and refines responses, and identifies potential issues before official release. As users increasingly seek mental health guidance from large language models including ChatGPT, Claude, Gemini, and Grok—platforms not specifically designed for mental health

According to Bloomberg, SoftBank and its telecom subsidiary plan to launch an AI cloud service through SB Neo Inc. starting next fiscal year, offering U.S. enterprises AI computing resources. The joint venture targets approximately 10 gigawatts of data center capacity by around 2030 for large-scale AI model training and inference. SoftBank has already secured OpenAI as a customer, with the parent company committing to invest approximately $65 billion in the platform by October.

According to Financial Services, China's three major stock indices declined sharply on July 2. The STAR 50 Index (Sci-Tech Innovation Board's benchmark) plummeted 7.7%, while the Shanghai Composite Index fell 2.03% and the Shenzhen Component Index dropped 3.85%. The ChiNext Index (growth-focused index) declined 5.71%. Combined turnover across Shanghai and Shenzhen exchanges reached 3.45 trillion yuan. Semiconductor equipment stocks faced sustained pressure, with robotics hardware shares falling

According to Kyiv Mayor Klitschko, Russian airstrikes carried out overnight on July 1-2 killed 13 people and wounded 86 in Kyiv. The attacks were announced by the city official via social media on July 2.

According to Spanish authorities on July 1, heat-related deaths in Spain during June exceeded 1,000 people. The figure comes as multiple regions across Europe face sustained high temperatures, with numerous areas breaking temperature records and issuing heat warnings.

According to 36氪, Ideal plans to split key functions from its product department and merge them into the R&D department to streamline vehicle product definition decision-making. The move aims to address inefficiencies in the current process, which involves three internal departments and has faced internal criticism for complexity.

According to Lookonchain, a whale at address 0x2684 accumulated and staked 15,802 ETH over the past 2 days, with a total value of approximately $25 million. The address withdrew the tokens from Binance.

According to Shanghai Gold Exchange, on July 2, gold prices rose 1.8% to close at 886.81 yuan per gram, while silver prices climbed 2.94% to 14,550 yuan per kilogram on the T+D contracts market.

According to Paymentscan data and market coverage, cumulative crypto payment-card deposits surpassed $10.33 billion for the first time on July 1, marking a major milestone for real-world crypto payment adoption. Card deposits are up 82% year-to-date and approximately 250% compared with the same period last year, reflecting total value loaded into crypto-linked cards and payment programs rather than speculative exchange trading volume.

Trade Republic has introduced a Best Price execution algorithm that routes orders across 30 global exchanges while maintaining its low-cost retail pricing model, according to the company. Orders executed through the Best Price algorithm incur a €1 settlement fee, while investors choosing a specific execution venue such as Xetra or Nasdaq can place Direct Orders for €2 per transaction. The update also includes a consolidated order book aggregating liquidity from multiple venues and a new web-base

According to Huobi HTX official announcement, the exchange launched KIOXIA/USDT perpetual contracts with up to 10x leverage on July 2. A trading competition with a $20,000 prize pool runs from July 2 at 15:00 to July 9 at 15:00 (UTC+8). Users who register and execute trades with a cumulative trading volume of at least 1,000 USDT are eligible to share the prize pool based on ranking; new contract users also receive exclusive benefits.

According to Commerzbank strategist Volkmar Baur, the market is pricing in only a 50% probability that the Reserve Bank of Australia will raise rates again this year, but he disputes this assessment. Baur noted that upside risks linked to energy have diminished while downside risks from falling house prices are emerging, arguing that inflation would need to surge significantly to prompt the RBA to tighten policy further—a scenario he does not expect. He added that oil prices have continued to de