Gate Crypto Flash News and Market Updates

On July 1, Jin10 released the Wall Street Fear and Greed Index for the U.S. market close (Wednesday).

On Wednesday, July 1, U.S. industry ETFs posted mixed results. Financial sector ETF led gains with a 2.18% increase, while the technology sector ETF fell 2.57% and the global technology stock index ETF declined 3.17%. Semiconductor ETF was the biggest loser, dropping 5.40%. Among the S&P 500's 11 sectors, information technology declined 1.84%, while the financial sector rose 2.13% and the telecommunications sector gained 2.62%.

Elon Musk on Wednesday rejected a Wall Street Journal report claiming SpaceX demonstrated a prototype AI device using Qualcomm's Snapdragon processor to investors, calling the story "utterly false" on social media platform X without elaborating further. QCOM stock dropped 0.5% following Musk's rebuttal and was tracking its fourth consecutive session of losses, while SpaceX shares fell 7.3% on the day. According to the Journal's report, the conceptual handset was designed to run on a proprietary

TP ICAP has completed its acquisition of Vantage Capital Markets, adding more than 80 brokers to its Global Broking division and expanding across London, Hong Kong, Tokyo, and Dubai. The institutional brokerage specializes in equity derivatives, fixed income, and execution services, serving hedge funds, asset managers, banks, and other institutional investors. The transaction was finalized following regulatory approvals, though TP ICAP did not disclose the purchase price.

According to BNB Chain, the network entered Phase 3 of its Beacon Chain migration on July 1, 2026, introducing a self-service recovery tool for users holding BEP2 and BEP8 tokens on the deprecated chain. The tool allows users to manually recover assets and transfer them to the BSC network as the older infrastructure is phased out. Users should access recovery services only through official BNB Chain channels and the bnbchain.org domain, avoiding third-party recovery messages and suspicious walle

According to ChainCatcher, Empery Digital may sell a portion of its 3,000 Bitcoin holdings to finance a $65 million AI data center project. The company currently has no plans to increase its Bitcoin holdings.

According to Jin10, on Wednesday, July 2, U.S. stock indices closed mixed. The Dow Jones fell 0.02%, the S&P 500 declined 0.2%, and the Nasdaq declined 0.66%. Major semiconductor stocks posted sharp declines: Micron Technology (MU) fell 10.5%, SanDisk (SNDK) fell 10.6%, AMD fell 6.8%, and Nvidia (NVDA) fell 1%. Meta (META) surged 8.8%, while the Nasdaq Golden Dragon China Index rose 2.9%.

Caterpillar stock declined 6.9% recently, marking its largest single-day drop since April 2025. Analyst Michael Burry disclosed that he has taken a short position in the company's stock for the first time, according to reports.

CertiK launched CertiK Hunt on 1 July 2026, an invite-only Web3 security platform connecting vetted security researchers with projects. Through the platform, projects can run bug bounty programs, audit competitions and AI challenges. The key differentiator is CertiK's independent review process: every submission is independently reproduced and severity-rated by CertiK itself rather than the protocol, preventing the payout disputes and severity downgrades that commonly occur on self-run bounty pr

On July 1, the S&P 500 fell 0.2% at market close, with the Technology sector down 1.7% and the Energy sector down 0.8%. Financial stocks rose 2.1%, while Telecommunications gained 2.6%. The Nasdaq 100 declined 1.5%, with AI and chip stocks leading losses. Nebius Group fell 16.2%, CoreWeave dropped 13.6%, and storage chip makers including SanDisk, Teradyne, and Micron fell over 9%. ASML ADR declined 7.5%. Major tech stocks showed divergence, with Meta up 9%, AppLovin up 9.6%, and Palantir up 8.1%

According to FactSet, the S&P 500 surged 9.6% in the second quarter through June 30, while the Nasdaq Composite gained roughly 12%. The Philadelphia Semiconductor Index jumped 94%, marking its second-strongest quarterly performance since 1994. Strong earnings revisions drove gains, with S&P 500 second-quarter profit growth expectations reaching 23.1% year-over-year. Despite the rally, investors now worry about pullback catalysts in the third quarter. Key concerns include portfolio rebalancing at

According to Bloomberg ETF analyst Eric Balchunas, Barron's 400 ETF (BFOR) has received $600 million in inflows year-to-date. The fund, which was established 13 years ago with a previous asset size of $200 million, has expanded to $800 million following the large inflow, a quadrupling of its original scale.

According to Polymarket, on July 1, 2026, bettors assigned 54% odds to a Federal Reserve rate hike occurring in 2026, following new Fed Chair Kevin Warsh's remarks at the ECB's annual Forum on Central Banking. Warsh stated that inflation expectations and risks have eased during his first four weeks, but signaled the Fed remains committed to price stability, saying prices are too high. The market has drawn over $3.2 million in trading volume. On Kalshi, traders priced a 77% chance of a hike befor

Anchorage Digital has integrated its off-exchange settlement platform with Binance, allowing institutional clients to trade on the exchange while maintaining custody of crypto and US dollar assets with Anchorage rather than depositing them directly onto Binance. Under the model, institutions pledge assets held in Anchorage's custody as collateral for margin trading on Binance without transferring those assets to the exchange, reducing counterparty risk and separating custody from execution—a str

On Wednesday July 1 at New York close, EUR/USD fell 0.36%, GBP/USD rose 0.20%, and USD/CHF gained 0.09%. Among commodity currencies, AUD/USD declined 0.30%, NZD/USD fell 0.08%, and USD/CAD advanced 0.13%.

According to the Daily Telegraph, Saudi Arabia, Oman, and Qatar are conducting direct diplomatic negotiations with Iran on regional security arrangements, with talks proceeding independently from ongoing U.S.-Iran discussions. Iran and Oman have already held their first meeting to discuss management of the Strait of Hormuz, the report said June 30. Upcoming talks between Oman-Qatar, Iran-Saudi Arabia, and Qatar-Saudi Arabia aim to determine post-conflict regional coexistence and cover Hormuz nav

On July 1, the U.S. 10-year Treasury yield rose 0.99 basis points to 4.4752%, refreshing an intraday high of 4.4970%. The 30-year yield climbed 1.40 basis points to 4.9653%, while the 2/10-year yield spread widened 1.817 basis points to +30.495 basis points.

According to market analyst Xaif Crypto, digital asset companies including Ripple, Coinbase, and Andreessen Horowitz have collectively contributed approximately $189 million ahead of the 2026 midterm elections, making crypto the largest corporate political spender in the United States. This accounts for roughly 37% of the $517 million in corporate political donations tracked so far, already surpassing the crypto industry's total political spending during the entire 2024 election cycle. The surge

CMC Markets upgraded its FY2027 net operating income forecast to at least £550 million, up from previous guidance of £460 million to £480 million, citing strong momentum in its business-to-business platform division. The revision implies annual growth of more than 40% compared with FY2026 net operating income of £392.6 million. Expected EBITDA for FY2027 is £250 million. CMC attributed the stronger outlook to continued expansion in its B2B operations, stating that "exponential and exceptional gr

According to Jin10, crude oil futures declined on July 1. West Texas Intermediate crude for August delivery fell $0.92 to close at $68.58 per barrel, down 1.32%. London Brent crude for September delivery dropped $1.38 to settle at $71.57 per barrel, down 1.89%.