Gate Crypto Flash News and Market Updates

According to MarketWatch, software stocks have plummeted significantly in 2026 as investor concerns about artificial intelligence have shifted focus. Intuit (INTU-US) has fallen 58% year-to-date, followed by HubSpot (HUBS-US) down 51% and Atlassian (TEAM-US) down 49%. The iShares Expanded Tech-Software ETF (IGV-US) declined approximately 11% over the past month. José Torres, chief economist at Interactive Brokers, noted that the selling pressure stems from renewed worries about whether AI invest

According to TrendForce, small-capacity DDR4 and DDR3 DRAM spot prices rose this week (July 1), while NAND flash prices continued falling. Suppliers are adjusting pricing to optimize inventory levels, but buyers remain unwilling to accept current prices. 512Gb TLC Wafer spot prices have experienced sustained declines amid the broader market consolidation.

According to TrendForce, Apple raised MacBook prices in 2026, strengthening consumer expectations of higher notebook costs and dampening replacement demand across the market. The research firm forecasts global notebook shipments will decline 13.6% in 2026, with Apple's own notebook shipments estimated at approximately 23.1 million units as price adjustments reflect at the consumer level starting in the third quarter.

According to Foresight News, Bitget launched the 22nd phase of its VIP airdrop campaign for rSPCX on June 29, with registration open until July 10 at 8 PM UTC. The campaign features two reward pools: VIP3 and above users who maintain their tier can compete for 133 rSPCX from the VIP privilege pool, while VIP1 and above users who complete designated tasks can compete for 133 rSPCX from the challenge pool.

According to Foresight News, Neutrl founders' locked rewards are now available for claiming. Eligible participants will receive weekly NUSD rewards directly in the Neutrl app, with rewards automatically accumulating and available to claim at any time.

According to Foresight News, Fragmetric announced that fragBTC withdrawal service is now fully operational. All withdrawal delays have been resolved, and users can now access full withdrawal amounts without restrictions.

U.S. optical communications stocks fell during premarket trading on July 1, with Corning declining over 4%, Marvell Technology dropping nearly 3%, and Coherent and Lumentum each falling more than 2%.

According to French officials, France will hold the first round of its 2027 presidential election on April 18, with a runoff scheduled for May 2 if no candidate secures an outright majority. An official announcement is expected following a cabinet meeting later this week. Current President Emmanuel Macron, elected in 2017 and 2022, is barred from seeking a third consecutive term. Early polling shows far-right National Rally candidates Marina Le Pen and Jordan Bardella leading in the race to succ

According to the Shanghai Jingan District People's Procuratorate, a Shanghai court sentenced five individuals on Monday to 2.5 to six years in prison for facilitating more than $29.4 million in illegal cross-border foreign exchange transactions using crypto. The defendants were also fined between 300,000 yuan and 1.5 million yuan. The State Administration of Foreign Exchange discovered the scheme in July 2024, involving a company that helped domestic clients illegally transfer funds abroad using

According to BlockBeats, citing Binance's official announcement, the exchange will delist 12 spot trading pairs on July 1 at 20:00 UTC+8, ahead of the originally planned July 3 deadline. Affected pairs include BIGTIME/USDC, BTC/EURI, CTK/BNB, CTK/BTC, ETH/EURI, ETH/PLN, GUN/BNB, JST/BTC, ZEN/BTC, BTC/PLN, USDC/PLN, and USDT/PLN. Tokens can still be traded through alternative pairs post-delisting, and related spot trading bot services will be discontinued simultaneously.

According to Gloun Club, on July 1, South Korea's new Prime Minister Han Seung-soo stated the government will invest more boldly in artificial intelligence and high-tech industries while actively promoting regulatory reforms to remove barriers to innovation.

According to Reuters, Jared Kushner and U.S. Special Envoy Steve Witkoff met with Qatar's Prime Minister on Tuesday to lay groundwork for technical talks scheduled for Wednesday, though they will not attend those meetings themselves.

According to Guru Club, on July 1, WTI crude oil futures fell 1.07% to $68.753 per barrel, while Brent crude fell 1.00% to $72.219 per barrel. Both contracts hit their lowest levels since February 27.

According to Coinglass data reported by ChainCatcher, $385 million in positions were liquidated across crypto derivatives markets in the past 24 hours as of July 1, with long liquidations totaling $280 million and short liquidations at $104 million. Bitcoin saw long liquidations of $140 million and short liquidations of $32.54 million, while Ethereum recorded long liquidations of $48.43 million and short liquidations of $26.19 million. Over 100,267 traders were liquidated in the period, with the

Onshore Chinese yuan closed at 6.7935 against the US dollar on July 1 at 4:30 PM, down 83 basis points from the previous trading day.

UK Manufacturing PMI for June came in at 52.5, missing expectations of 53.1. The final reading matched the initial estimate of 53.1 but fell short of the forecast.

According to Bernstein, on July 1, the firm gave outperform ratings to six semiconductor equipment leaders. U.S. targets include Applied Materials at $525, Lam Research at $340, and KLA at $197.50. Chinese targets are Huachuang Semiconductor at 680 yuan, Naura Technology at 500 yuan, and Tojing Technology at 580 yuan. Bernstein maintained its forecast for global wafer fab equipment (WFE) growth of 21.4% in 2026 and 18.2% in 2027, driven by DRAM and NAND capital expenditures.

Former Goliath Ventures CEO Christopher Delgado pleaded guilty today (July 1) to fraud and money laundering charges related to a $400 million Ponzi scheme. He agreed to forfeit properties, vehicles, luxury goods, and crypto wallets.

According to ING analyst Chris Turner, Fed Chair Powell's upcoming speech at the European Central Bank forum in Sintra, Portugal could boost the U.S. dollar if he emphasizes price stability. Powell highlighted the need to bring inflation back to the 2% target during his first meeting since taking office in June. ING forecasts the dollar index may rise to 101.700-101.800 following his remarks, which the bank views as presenting an "upside risk" for the currency.

According to Chosun Daily, Fulltech Fiber Glass, a Taiwanese maker of glass fiber cloth for circuit boards, raised prices by up to 30% for new orders starting July 1. The price increase reflects surging demand from AI servers, which require premium material grades for advanced semiconductors. Glass fiber cloth accounts for about 19% of copper-clad laminate costs, according to data cited by TrendForce.