Gate Crypto Flash News and Market Updates

Forward Industries purchased over 500,000 SOL during Q3 2026, bringing its total Solana treasury holdings to 7.55 million SOL. The acquisition contributed to growth in SOL-per-share metrics for the company.

According to Jane Foley of Rabobank, market expectations for a potential Bank of Japan (BoJ) intervention to weaken the yen on Friday are rising, capitalizing on lighter trading conditions during the U.S. holiday. Foley noted that further yen intervention appears inevitable, but intervention alone is unlikely to reverse market sentiment on the currency. The yen's weakness stems partly from U.S. dollar strength, while rising Japanese equities may prompt foreign investors to increase hedging measu

According to PANews, Meta Platforms (META.O) rose 7.9% on July 1, marking its largest gain since April 8.

Major companies are reversing course on their "AI solves everything" strategies and rehiring employees to drive business growth, according to recent reports. Ford is rehiring hundreds of experienced engineers to address quality problems that automated systems cannot handle. Australian financial services group CBA and tech giant IBM have similarly refocused on human capital investment after earlier layoffs and increased AI spending. Industry analysts suggest that reducing headcount while simultan

According to Jin10, on July 1, Russian Deputy Prime Minister Novak stated that Russia's overall gasoline and diesel supply in the market is sufficient. Novak attributed occasional shortages and interruptions at some gas stations to logistics changes in fuel distribution, adding that fuel price increases observed at private gas stations represent normal market conditions.

According to Guggenheim, Salesforce (CRM) stock rose on Wednesday after the firm upgraded the shares to Buy from Neutral with a $228 price target.

According to Fed Chair Jerome Powell, inflation expectations have declined over the past four weeks.

The three major U.S. stock indices declined at the opening on July 1 (Wednesday). The Dow Jones Industrial Average fell 126.71 points, or 0.24%, to 52,192.49; the S&P 500 dropped 35.86 points, or 0.48%, to 7,463.50; the Nasdaq Composite declined 178.81 points, or 0.68%, to 26,034.91.

According to Jin10, Federal Reserve Chair Waller stated recently that investors should focus on economic data to judge whether the central bank will raise rates. Waller gave no indication of a July rate hike and reiterated his opposition to "forward guidance," saying central bank officials' excessive public comments tend to confuse investors.

According to official announcement, ASTER launched STRC (Strategy Variable Rate Perpetual Stretch Prf Shs Series A) on July 1, supporting up to 3x leverage. Trading transactions qualify for a 1.2x rewards multiplier through July 7 at 23:59 UTC.

According to Odaily, Bank of England Governor Andrew Bailey stated that the central bank is not considering rate cuts at present, citing a slowing economy and weakness in the labor market.

According to Jin10, ECB President Christine Lagarde said on Wednesday that inflation and economic growth risks for the eurozone are now more balanced following recent oil price declines. The shift marks a reversal from the central bank's previous policy meeting assessment, when growth faced downside risks while inflation faced upside pressures.

According to The Block, Bernstein reiterated an 'outperform' rating on Circle (CRCL) stock on July 1, maintaining a $190 target price, implying a 203% upside from current levels. The stock dropped 17.5% earlier in the day following the launch of Open USD (OUSD), a competing stablecoin supported by Visa, Stripe, Mastercard, BlackRock, and Coinbase.

Bank of England Governor Andrew Bailey stated recently that he has not yet seen the impact of artificial intelligence reflected in macroeconomic data.

According to Jin10, on July 1, Chinese Vice Premier Liu Guozhong delivered video remarks at the opening of the China-Belarus Local Cooperation Forum. Liu emphasized that the two countries' development strategies are highly aligned and proposed three recommendations: first, leverage the China-Belarus Industrial Park to drive industrial collaboration and create new growth points; second, strengthen people-to-people exchanges in education, health, culture, tourism, and youth sectors to solidify bil

According to The Block, Panther Hollow Ventures, a New York-based investment firm founded by former crypto attorneys Eric Swartz and Jacqueline Escobar, officially launched its multi-strategy merchant bank today (July 1). The firm combines venture capital, liquid yield strategies, and protocol incubation, focusing on compliant RWA (real-world asset) rails and traditional finance-aligned derivatives protocols across Ethereum, Solana, Canton, and StarkNet. Panther operates three core vehicles: a p

According to BlockBeats, American Bitcoin (ABTC) announced on July 1 a 1-for-15 reverse stock split scheduled to take effect on July 2, 2026 at 5 p.m. ET. Following the adjustment, the company's Class A common stock is expected to resume trading on Nasdaq under ticker ABTC on July 6. Each 15 outstanding shares of Class A and Class B common stock will automatically consolidate into one share of the respective class.

Spot gold rose $20 intraday to hit $4,040 an ounce, up 0.83% as of today. New York gold futures climbed above $4,050 an ounce, gaining 0.28%. Meanwhile, the U.S. Dollar Index (DXY) fell nearly 10 points to 101.45.

According to Jin10, Fed Chair Powell on July 1 declined to disclose whether the Federal Reserve might raise rates at its July meeting. Speaking at the European Central Bank's annual policy symposium in Sintra, Portugal, Powell stated: "I hope that when we meet in four weeks, we can have a full 'family discussion,' and when we close the door, we will have vigorous debate." This marked Powell's first public appearance since his initial press conference last month. Meanwhile, investors have increas

Circle Internet Group (NYSE: CRCL) shares fell 17.55% in 24 hours to $62 over the past 30 days, with the stock plunging approximately 40.34% overall. The decline was triggered by two factors: the company's removal from five Russell growth indices on June 26, 2026, and the launch of Open USD, a competing stablecoin backed by several of Circle's core partners including BlackRock and Coinbase. According to independent analyst Shanaka Anslem Perera, the key concern is that Open USD reverses Circle's