Gate Crypto Flash News and Market Updates

The UK issued 56,200 mortgage approvals in May 2026, falling short of the forecast of 63,000 and declining from 65,900 in the prior month.

According to Chao Xiang Research, Bank of America released a global semiconductor memory technology report on June 26, projecting the current storage chip super cycle will extend at least through 2027, potentially until 2030. The bank noted this cycle differs from previous ones due to structural fundamentals underlying demand.

According to Zhitong Caijing APP, Geelong Technology (06715) will list on Hong Kong Stock Exchange on June 30. In dark market trading today, the stock quoted at HK$118 per share on Livermoore Securities, up 56.29% from the IPO price of HK$75.5. Each lot comprises 100 shares, generating a gain of HK$4,250 per lot before commissions.

According to ZhiTong Finance, Lai Fu Harmonic (03952) gray-market shares traded at HK$87 as of today (June 29), ahead of its Hong Kong listing on June 30. The trading price, reported by Livermoore Securities, represents a 1.75% gain from the offer price of HK$85.50, translating to HK$150 profit per board lot (100 shares) before transaction fees.

According to Jin10, Federal Reserve Vice Chair Beth Kashkari expects one rate hike in 2026. Meanwhile, European Central Bank officials signaled cooling rate hike expectations, with anticipated 2026 increases falling short of 25 basis points. Domestically, China's central bank conducted a 300 billion yuan overnight reverse repurchase operation without disclosing the rate, with market participants noting the move was likely aimed at preventing policy signals from being over-interpreted.

According to BlockBeats on June 29, multiple market analysts are increasingly focused on Bitcoin's potential cycle bottom following a pullback from the October 2025 high of approximately $125,000 to below $60,000—a decline exceeding 50%. Grayscale's latest report characterizes the drop as a cyclical correction within a long-term bull market rather than a trend reversal, citing Fed policy shifts, regulatory uncertainty, leverage pressure, and quantum computing concerns as key factors. Grayscale p

According to Marc Hijink, writing in Het Nieuwe Rijnmond, China's semiconductor industry faces its most significant technical barrier in extreme ultraviolet (EUV) lithography equipment, currently manufactured exclusively by Dutch equipment giant ASML, with no alternative technology available. Hijink noted that ASML spent approximately 15 years developing EUV technology from laboratory principle to mass production, integrating complex light source and precision manufacturing capabilities. Japanes

According to Jerusalem Post intelligence sources, on June 29, Yemen's Houthi forces are conducting missile trials during a period of relative calm to enhance their strike capabilities. The sources indicated the group has been focused on strengthening missile performance, including increasing strike distance and precision.

The Bank of England will release May mortgage lending approval data in approximately 10 minutes.

According to Bloomberg, Charter Communications (CHTR) shares edged over 2% higher in premarket trading on Monday following reports that the largest U.S. home internet provider is in talks with SpaceX to partner on a consumer mobile phone offering. The deal would entail Charter routing a portion of SpaceX's mobile traffic through its terrestrial broadband network, though neither company has confirmed the reports. Starlink, SpaceX's satellite internet service, operates across more than 160 countri

BlackBerry Ltd. (BB) stock gained over 3% in premarket trading on Monday following fiscal first-quarter 2027 results that beat expectations, prompting several Wall Street analysts to raise their price targets. RBC's Paul Treiber doubled his target to $9 from $4.50, citing the company's strongest quarterly outperformance in roughly a year and its emergence from a turnaround phase into revenue growth. CIBC lifted its target to $13 from $10, describing the quarter as excellent with both QNX and Sec

According to Jin10, SpaceX shares gained over 1% in premarket trading on June 29 following its inclusion in the Nasdaq-100 index. The company is set to be added to the index effective July 7.

Memory chip stocks rebounded during U.S. premarket trading on June 29, with Micron Technology rising over 2%. Tech stocks broadly advanced, including Nvidia, which gained over 1% during the premarket session.

Eurozone M3 money supply grew 3.2% year-over-year in May, exceeding the forecast of 2.7% and the previous month's 2.7%.

According to Jin10, Lebanese Parliament Speaker Nabih Berri said on June 29 that the Lebanese parliament will not approve the three-way framework agreement between Lebanon, Israel, and the United States. Berri stated in a statement that the agreement fails to protect Lebanese rights and

According to Xinhua News, on June 28, Ukraine proposed two new suggestions to Russia regarding the ongoing conflict. The first proposal calls for both sides to stop striking targets in each other's territory. The second proposal aims to contain military operations within the four regions of

According to New York Times, OpenAI filed S-1 documents on June 8 but is considering delaying its IPO to 2027 to maintain CEO Sam Altman's $1 trillion valuation target. The company has not launched investor roadshows or tested market pricing, with insiders confirming that early discussions

According to Odaily, Gavin Baker, founder and chief investment officer of Atreides Management, stated during a recent All In podcast episode that DRAM remains the most critical bottleneck in AI infrastructure, as memory capacity and bandwidth are foundational to all AI model performance. Baker

According to But Bin, chairman of Oriental Harbour, speaking at Guru Club's mid-year strategy conference on June 29, investors should focus on long-term industry development rather than short-term market fluctuations. But Bin stated that from a long-cycle perspective, the risk of missing the AI

According to Odaily, BitMart launched the second phase of its World Cup prediction contest as the 2026 World Cup entered the knockout stage, offering 50,000 USDT in rewards. The platform has added exclusive prize pools for four featured matches—Brazil vs. Japan, France vs. Sweden, Spain vs.