Gate Crypto Flash News and Market Updates

According to Iran's state news agency IRNA, Iran stated on July 1 that negotiations for a final agreement have not yet begun.

According to Foresight News, BIT's Cactus Custody has completed integration with Venus Protocol through Cactus Link, enabling institutional clients to access BNB Chain lending markets within existing custody frameworks and risk controls. Matrixdock's tokenized gold XAUM is now available as collateral for Venus lending participation.

According to Huobi HTX, the exchange launched ANSEM deposit services on July 1 at 18:00 GMT+8, with ANSEM/USDT spot trading opening at 20:00 GMT+8 the same day. ANSEM withdrawal services will begin on July 3 at 20:00 GMT+8.

The U.S. MBA mortgage application activity index fell to 0% in the week ending June 26, down from 1% in the prior week, according to the Mortgage Bankers Association.

The MBA mortgage application activity index showed no change for the week ended June 26, remaining flat compared to the prior week's reading of 1%.

According to CoinDesk, Bitcoin dropped to 57,700 USD, the lowest since September 2024, before recovering to 58,800 USD. Markets recorded 395 million USD in liquidations, with open interest reaching 768,000 BTC. On Deribit, put options across all expiries traded at a premium; traders placed a large bet on September-expiring Bitcoin put options with a 50,000 USD strike price.

The U.S. MBA Mortgage Purchase Index reached 170.6 for the week ending June 26, up from 169.7 in the prior week.

The Mortgage Bankers Association's (MBA) mortgage application activity index stood at 272.2 for the week ended June 26, compared to 272.1 in the previous week, showing minimal weekly change.

According to MBA data, the U.S. 30-year fixed mortgage rate declined to 6.57% in the week ending June 26, down from 6.59% in the previous week.

According to the Mortgage Bankers Association, the U.S. MBA mortgage refinance activity index declined to 828.7 for the week ending June 26, down from 834.2 in the prior week.

According to ChainCatcher, Bybit has officially launched Bank Triparty, a lending service for institutional clients backed by bank-custodied collateral assets. Eligible institutions can deposit collateral independently at partner banks and access financing without altering their existing trading infrastructure. The service supports USD and U.S. Treasury securities as collateral for borrowing USDT.

According to Jin10, Iran's Foreign Minister Araghchi said on July 1 that the Iran-U.S. Memorandum of Understanding terms are "clear, transparent, and visible to all." He stated that U.S. President Trump has pledged to "restrain its pet in Tel Aviv," but if Israel ignores its "master," Iran will take action. Araghchi emphasized that any threat to Iran's people and leadership will face "an immediate and forceful response."

According to CNBC, on Wednesday, Rocket Lab CEO Peter Beck echoed SpaceX's assessment of the satellite communications market size, stating it "generally starts with a 'T'" (referring to trillion-dollar scale markets). Beck made the comments during an interview following Rocket Lab's announcement to acquire Iridium Communications in an $8 billion cash and stock deal. Beck emphasized that acquiring Iridium's L-band spectrum is essential for developing space-based connectivity services, noting that

According to Spain's automotive manufacturers association ANFAC, new car sales in Spain grew 7.8% year-on-year in June.

According to Bloomberg, Adani Energy has approved a financing plan with a maximum size of 100 billion rupees. The announcement comes as the energy company moves forward with its capital raising efforts.

According to BlockBeats, Solana-based tokenized stock SNDK has surpassed $70 million in on-chain trading volume since its launch on June 25, marking the milestone on July 1. In the past 24 hours, the token recorded $17.72 million in trading volume across 48,722 transactions.

According to The Block, nearly 1,700 UK investors filed a group lawsuit against Binance, founder Changpeng 'CZ' Zhao, and Abu Dhabi-based Nest Exchange in London's High Court on June 29, alleging the exchange sold unauthorized crypto derivatives to retail traders without regulatory approval. The claim, filed by KP Law on behalf of 1,692 claimants, alleges the defendants sold leveraged tokens, cryptocurrency futures, options, and margin trading products from around September 2019 in breach of the

According to rate swap market data, August Federal Funds futures open interest surged 30% to nearly 590,000 contracts by Monday (June 29), as traders aggressively built short positions betting on a July rate hike. The probability of a 25-basis-point rate increase at next month's policy meeting has jumped to around 36%, driven by recent Fed Chair Kevin Warsh's emphasis on price stability. The shift in rate expectations has compressed the yield curve. The spread between 2-year and 10-year Treasury

Israeli Defense Minister Yoav Katz said at a military ceremony that Israel has conducted two preemptive strikes against Iran and would strike again if necessary. Regarding operations in Lebanon, Katz stated Israel's goal is not to restore the status quo but to fundamentally change the security landscape. He added that Israeli forces will maintain indefinite presence in Lebanon, Syria, and Gaza to protect border communities.

According to BlockBeats citing BIT market data, semiconductor equipment stocks broadly fell in pre-market trading on July 1. Applied Materials (AMAT) declined 1.84%, Onto Innovation (ONTO) dropped 1.66%, Lam Research (LRCX) fell 1.79%, KLA Corporation (KLAC) slipped 1.02%, Teradyne (TER) lost 1.73%, and Entegris (ENTG) fell 1.18%.