Gate Crypto Flash News and Market Updates

According to MSX.COM data, U.S. storage sector stocks declined pre-market on July 1, with Sandisk falling over 6%, Western Digital down over 4%, Micron Technology down over 4%, and Seagate Technology down 3%.

According to CoinDesk, Poland's President has vetoed the MiCA implementing legislation for the third time recently, making Poland the only EU member state without an established MiCA licensing regime.

According to Jin10, on July 1, Bank of England Governor Andrew Bailey is set to speak at Sintra this week as UK inflation outlook improves. Falling global oil prices have eased prior concerns about balancing weak employment with inflation threats. Market forecasts expect inflation to peak at 3% and decline to 2.3% by next year, allowing the central bank to potentially cut rates from 3.75% to 3.5% before June 2027.

According to Bank of America, the Bank of Canada is expected to maintain interest rates unchanged through 2027, even if the U.S. Federal Reserve resumes rate hikes. Canada's core inflation stands near the 2% target, while economic growth is forecast to exceed 2% annualized in Q2 following a modest Q1 contraction. Traders have scaled back bets on a rate increase by year-end.

According to Kazakhstan's Central Bank, the bank sold 354 billion tenge in foreign exchange in June to offset its gold purchase operations. The central bank plans to sell 1.1 trillion tenge in foreign exchange during the third quarter.

According to the National Bank of Kazakhstan, the country's central bank sold $200 million in foreign exchange from the state fund in the domestic market during June. The bank plans to sell up to an additional $300 million in July.

According to Jin10, China's Ministry of Commerce and the UK Department for Business held the 'Export to China' UK showcase event in London on July 1. Commerce Minister Wang Wentao and UK Secretary of State for Business Kale attended and delivered remarks. Wang Wentao emphasized China's enormous market potential and called on UK enterprises to actively participate in the 'Export to China' series of events and the ninth China International Import Expo to deepen cooperation and achieve mutual benef

According to analyst Andrew Sacher, Federal Reserve Chair Waller's first FOMC meeting appearance in June has left markets divided over whether he leans hawk or dove, as internal disagreement persists on rate hikes versus maintaining current levels. To buy time for deliberation, Waller has established five working groups to examine key Fed issues while balancing statements aimed at reassuring the committee's hawkish members concerned with price stability and Fed independence from the administrati

According to BIT, Coreweave (CRWV.O) dropped 5.3% in premarket trading on July 1 after Meta announced plans to develop its cloud business.

According to Lloyds Banking Group, the 173-year-old Halifax bank brand is being scrapped, with all customer accounts migrating to Lloyds over time, the group announced on July 1, 2026. Lloyds has owned Halifax since 2009. The decision aims to simplify the group's portfolio, with the distinction between the two brands becoming less prominent in recent years. Halifax branches will be rebranded to Lloyds or relocated to nearby Lloyds branches throughout 2027. No job cuts are being announced, and ap

On June 30, 2026, Lianqing Holdings (03774) successfully transferred from the Hong Kong GEx Creative Enterprise Market (GEM) to the Main Board of HKEx, with its stock code changing from 08603 to 03774. On its first day of trading, the stock opened at HK$14.5 and closed at HK$16, valuing the company at approximately HK$13.1 billion. The medical aesthetics service provider, which listed on GEM in October 2018, marks a significant milestone after nearly eight years of growth in Hong Kong's capital

Micron Technology shares dropped 6% in pre-market trading on July 1.

According to Bernstein, OUSD has the potential to become the strongest new challenger to the Circle-Tether stablecoin duopoly as of today. However, unresolved questions around governance, operations, and revenue sharing remain key risks to the project's adoption.

According to the Carlos III Health Institute, Spain recorded 1,028 heat-related deaths in June, marking the highest toll for the month since records began in 2015. The institute calculates excess mortality by comparing total death figures against historical averages amid Europe's record-breaking heatwave.

According to an OMFIF survey featured in Kitco News, 74 central banks managing over $10 trillion in assets expect gold to trade between $5,000 and $6,000 per ounce within 12 months. Sixty-one percent of respondents hold this price expectation for June 2027. The survey found that 82% of central banks now hold physical gold, up from 71% a year ago, while 30% plan to increase their gold allocations over the next one to two years. Geopolitical concerns have emerged as a key driver, with 51% of reser

U.S. President Donald Trump said last week that the United States delivered significant strikes against Iran, stating that Tehran has made considerable progress and that the current situation is manageable.

According to Foresight News, BNB Chain launched AI Agent development platform BNB Agent Studio on mainnet on July 1. Developers can create Agent wallets, register on-chain identities, and deploy through a single prompt in AI coding tools such as Cursor and Claude Code. The platform also launched a limited-time free trial for users to test the complete deployment process on BSC testnet using a GitHub account.

According to Foresight News, Strive CEO Matt Cole stated that while maintaining SATA at $100 and reducing long-term volatility remain core objectives, investors should not assume the company will automatically issue new SATA shares at that price. Strive believes preserving issuance flexibility near $100 is optimal for shareholder long-term interests and SATA stability, given current abnormal market conditions. Management will evaluate issuance pauses or other actions based on shareholder and sec

According to ChainCatcher, BNB Chain announced that its AI Agent development platform, BNB Agent Studio, has officially launched on the mainnet.

According to BlockBeats, on July 1, U.S. President Trump stated that rising stock markets benefit everyone, including himself. He noted the U.S. is building numerous automotive factories and artificial intelligence projects, with a target to potentially capture 50% of the global semiconductor market share by the end of his term.