Gate Crypto Flash News and Market Updates

According to Federal Reserve official Kashkari on June 26, he expects the Fed to raise interest rates once this year and keep rates unchanged in 2027, citing broad-based inflation pressures. Kashkari said in a Friday interview: "I am concerned about inflation, and this reflects signs of broader inflation pressures in the economy, not just related to Middle East geopolitics." Data released earlier this week showed May PCE inflation at 4.1% year-over-year, the largest increase since April 2023. In

According to SemiAnalysis, H100 cloud GPU spot prices have fallen to $2.42 per hour, down approximately 40% from May peaks. The decline has raised concerns within the ecosystem about weakening compute demand and potential pullback in artificial intelligence investment. However, SemiAnalysis notes this represents spot market pricing rather than long-term contracts; the firm's cloud survey found 1-year H100 contract prices have actually risen to approximately $2.65 per hour from around $1.70 per h

According to President Trump, Iran launched at least four suicide drones at ships transiting the Strait of Hormuz, with one striking a cargo vessel's upper deck and three shot down by U.S. forces. Trump characterized the attack as a violation of the cease-fire agreement.

According to Bitget market data, the Nasdaq turned positive intraday on June 26, gaining 0.4%, while SpaceX advanced 2.3%, driving a broad rally in space-related stocks. Virgin Galactic (SPCE) surged 12%, AST SpaceMobile (ASTS) rose 10.4%, Rocket Lab (RKLB) climbed 6.8%, and Redwire (RDW) gained 2.4%.

According to CoinDesk, DraftKings launched DKeX, its proprietary prediction market exchange, on June 26, marking the sports betting platform's entry into the event contract market.

According to PANews, on June 26, the U.S. Treasury launched Trump Account, a tax-deferred retirement account designed for minors. The Treasury will deposit $1,000 seed funding into each account for newborns born between 2025 and 2028. Parents, relatives, employers, and account holders can contribute up to $5,000 annually thereafter, with employers able to add an additional $2,500 per child per year. Account assets will be invested primarily in low-cost U.S. equity index funds and automatically c

According to the Wall Street Journal, U.S. Congress members have called for an investigation into Polymarket, a prediction market platform, on June 26, citing allegations of potentially misleading advertising practices.

NYMEX silver futures gained 2.00% intraday on June 26, trading at $59.53 per ounce.

According to Jin10 data on June 26, international gold prices have continued to decline, falling approximately 30% from their January peak this year. The retreat was noted by Li Xunlei, vice chairman of the China Chief Economist Forum, in his analysis of recent market movements.

According to Arkham monitoring, Grayscale transferred 8,697 ETH (approximately $13.77 million) to Coinbase Prime on June 26, with the deposit completed within the past two hours.

According to Bitcoin.com News, GOP lawmakers are racing to pass the CLARITY Act before the Senate's August recess, with Republicans holding 53 seats and needing at least 7 Democratic votes to clear the 60-vote threshold required for the crypto bill. The Senate Banking Committee advanced the legislation in a 15-9 vote in May. Senator Cynthia Lummis set an end-of-July target, warning that missing the window could delay enforceable digital-asset rules to 2030. Next steps include a Senate floor vote

Federal Reserve official Neel Kashkari expects one rate increase in 2026, with interest rates remaining unchanged in 2027, according to reports.

According to CoinGlass, crypto markets recorded $479 million in total liquidations over the past 24 hours, with $272 million in long liquidations and $206 million in short liquidations. Bitcoin accounted for $179 million in liquidations, while Ethereum saw $171 million. A total of 88,293 traders were liquidated, with the largest single liquidation reaching $11.63 million on the ETH-USDT pair at HTX.

According to Jin10, on June 26, Russian President Putin signed a presidential decree extending the oil supply ban targeting G7 and EU-imposed price caps on Russian oil and petroleum products until December 31, 2027. The ban was originally set to expire on June 30. Under the new decree, supply of Russian oil and its products is prohibited to foreign entities if contracts directly or indirectly stipulate price cap mechanisms. The ban applies to all delivery stages and has been in effect since Febr

According to Cointelegraph, Galaxy Research Head has downgraded the probability of the CLARITY Act passing in 2026, citing shortened legislative schedules and increased competition for floor time. The Head still expects a July vote and hopes the bill will secure 60 votes for passage, though clarity remains uncertain.

According to Odaily and war.gov, the Trump Account will open for enrollment and initial contributions on July 4. The program allows parents to establish tax-deferred investment accounts for children under 18, with a maximum annual contribution limit of $5,000. Family members, friends, and employers can add funds to the account. Upon the account holder's 18th birthday, the account automatically converts to a traditional IRA structure.

Gate News message, Total TVL across liquid staking protocols declined to $33.4B in Q2 2026, down 56.1% from its ATH of $76B recorded in Q3 2025. The decline has continued for three consecutive quarters: Q4 2025 at $61.4B, Q1 2026 at $45.2B, and Q2 2026 at $33.4B, marking a two-year low for the sector.

According to crypto analyst Ali Martinez, Bitcoin's spot market apparent demand metric on June 26 dropped to -273,000 BTC, marking the lowest level in its 208-day negative streak. The metric, which compares newly mined Bitcoin against existing supply circulation, has remained in negative territory since late November 2025. Negative apparent demand indicates that dormant Bitcoin supply is entering circulation faster than fresh capital can absorb it, creating overhead resistance on price. Martinez

According to IRNA, Iran and Oman's customs officials proposed establishing a joint committee on June 26 to oversee the implementation of their bilateral customs agreement.

According to BlockBeats, on June 26, Apple's touch-enabled MacBook will feature M5 Pro and M5 Max chips, with M7 models to be announced at a later date.