Gate Crypto Flash News and Market Updates

The American Petroleum Institute (API) will release its weekly crude oil inventory report at 04:30 Beijing time. Non-API members can access the data details around 04:32.

According to Mexico's National Seismological Service, a 6.1-magnitude earthquake struck southwestern Sinaloa state on June 30 at 1:45 p.m. local time, approximately 116 kilometers west of Guasave. The quake had a depth of approximately 5 kilometers. No casualties have been reported.

In the first half of 2026, oil-linked ETFs surged 43.68%, while emerging markets ETFs, Russell 2000 ETFs, Barclays convertible bond ETFs, and Nasdaq 100 ETFs gained between 20.16% and 25.69%. By contrast, euro and yen bullish ETFs, along with gold ETFs, declined between 2.43% and 7.05% during the same period. On Tuesday (June 30), most equity and commodity ETFs posted modest moves, with the Nasdaq 100 ETF rising 1.70% and emerging markets ETF gaining 1.45%, while real estate and long-duration bo

According to CNBC, Anthropic launched an internal drug discovery program on Tuesday at a San Francisco event, focusing on treatments for neglected diseases that traditional biopharmaceutical companies typically overlook. Life sciences head Eric Kauderer-Abrams said the initiative aims to build better AI tools and products for drugmakers through direct experience and feedback loops. The program complements Anthropic's Claude Science product, designed for life sciences companies.

On June 30, U.S. sector ETFs showed mixed performance. The Semiconductor ETF led gainers with a 3.78% rise, while Global Tech and Technology sector ETFs climbed at least 2.76%. In contrast, Healthcare, Consumer Staples, and Utilities ETFs fell 1.29% to 1.54%. For the first half of 2026, Semiconductor ETF surged 82.13%, with Global Tech and Technology ETFs gaining at least 32.66%. Energy and Industrial ETFs rose at least 20.04%, while Financials, Consumer Discretionary, and Internet ETFs declined

The Magnificent 7 tech stock index fell 8.9% during June 2026, marking its worst monthly performance since March 2025.

According to Israel's Channel 14, Israeli Prime Minister Netanyahu said on June 30 that Israel's fight against Iran and its allies is 'never-ending' despite recent military successes. During a televised interview, Netanyahu praised Israel's military achievements against Iran, Hamas, and Hezbollah, describing them as 'enormous success,' yet emphasized that 'war will never end.' He stated that maintaining military strength is essential for Israel's survival in the Middle East geopolitical environm

According to Crypto Briefing and the Cardano Foundation, the Cardano Foundation warned that Stake Pool Operators (SPOs) automatically defaulting to abstention creates an accountability gap that weakens Voltaire era governance. The warning specifically targets automated abstention without proposal review, while clarifying that manual abstention remains valid. Active governance participation is essential for the network's decentralized decision-making framework.

According to The New York Times, U.S. government officials stated the country has not released the $6 billion in frozen Iranian funds as required under the memorandum of understanding, and will not do so until Tehran fulfills its obligations under the agreement.

According to Jin10, as of July 1, U.S. stock indices posted strong first-half 2026 performance: Nasdaq up 12.79%, S&P 500 up 9.5%, and Dow up 8.8%. Memory and semiconductor stocks led gains, with SanDisk (SNDK) surging 857% and Micron Technology (MU) climbing 304%, while Intel (INTC) rose 278%. Among the Magnificent Seven tech giants, performance diverged sharply. Microsoft (MSFT) fell 22%, Meta (META) dropped 14%, and Tesla (TSLA) declined 6%. In contrast, Alphabet (GOOGL) gained 14%, Nvidia (N

In the second quarter of 2026, the S&P 500 index rose 14.9%, the Dow Jones Industrial Average climbed 12.9%, and the Nasdaq Composite surged 21.4%.

According to Jin10, the U.S. stock market closed higher on Tuesday, July 1, with the Dow Jones up 0.26%, the S&P 500 rising 0.78%, and the Nasdaq gaining 1.52%. SanDisk surged over 10%, while Apple and Nvidia each rose approximately 2%, and SpaceX climbed 4%.

According to sources cited by media outlets, OpenAI achieved a major technical breakthrough earlier this month, cutting inference costs by more than 50% and dramatically reducing GPU requirements. Internal engineers presented the breakthrough, revealing that the new optimization approach reduced GPU usage to just hundreds of units when handling ChatGPT visitor requests, compared to tens of thousands of high-end chips previously required.

On June 30, two-year U.S. Treasury Inflation-Protected Securities (TIPS) yield surged 5.10 basis points, reaching a daily high of 2.1487%, with a June gain of 77.59 basis points and a Q2 gain of 160.12 basis points. Two-year nominal Treasury yield rose 4.11 basis points to 4.1455%, up 35.25 basis points for the quarter. The 10-year Treasury yield climbed 5.72 basis points to 4.4316%, while the 30-year yield advanced 5.63 basis points to 4.9193%. The 2/10-year yield curve steepened 1.814 basis po

According to market close data on June 30, two-year Treasury Inflation-Protected Securities (TIPS) yields rose 5.10 basis points to 2.1487%, marking a monthly gain of 77.59 basis points and a quarterly increase of 160.12 basis points. Two-year nominal Treasury yields also climbed 4.11 basis points to 4.1455%, up 14.35 basis points for the month. The 10-year Treasury yield advanced 5.72 basis points to 4.4316%, with a quarterly gain of 11.70 basis points, while the 2/10-year yield spread widened

Spot gold has turned lower, trading at $4,016 per ounce as of today.

According to Jefferies, the Clarity Act cleared the Senate Banking Committee in a bipartisan 15–9 vote but faces significant procedural and political obstacles in Congress. Lawmakers are working within a compressed legislative calendar with roughly 20 session days remaining before the August recess, as they attempt to reconcile differing House and Senate versions and resolve outstanding policy disputes, including ethics provisions and illicit finance rules. A Tuesday report by Jefferies highligh

According to the U.S. Department of Energy, on Tuesday the Trump administration declared an emergency order for the PJM Interconnection LLC, the nation's largest power grid, authorizing maximum-load generation and allowing exemptions from certain environmental requirements. The PJM grid serves 67 million people across 13 states. A second DOE order authorized the PJM region to activate backup generators as a last resort. Both orders remain in effect through 11:59 p.m. ET on July 3.

According to Flare's official announcement, the blockchain platform scheduled a community governance vote from July 6 to July 13 to deploy Flare Confidential Compute (FCC) on its Songbird canary network. The voting notice period began on June 29. The deployment will introduce programmable execution for the XRP Ledger, enabling real-world assets issued on the ledger to interact with decentralized applications without requiring manual bridging between networks. If approved, Songbird will serve as

According to the U.S. Labor Department's May Job Openings and Labor Turnover Survey (JOLTS), job openings remained unchanged at 7.59 million, beating economists' forecast of 7.29 million. Spot gold last traded at $4,039.50 an ounce, up 0.60% on the day, as the market remained cautious. The resilient labor market data supports the Federal Reserve's tightening bias, with officials signaling a potential rate hike by year-end to combat rising inflation. Analysts noted this is negative for gold, as h