Gate Crypto Flash News and Market Updates

The U.S. first-quarter PCE price index annual seasonally adjusted quarterly rate final reading came in at 4.6%, exceeding consensus expectations of 4.5% and the prior quarter's 4.5%.

The Chicago Fed National Activity Index fell to -0.1 in May, according to the Federal Reserve data. The previous month's reading was revised upward to 0.19 from the initially reported 0.14.

U.S. personal spending increased 0.7% month-over-month in May, beating the expected 0.6% gain. The prior month's figure was revised downward to 0.4% from an initial reading of 0.5%.

U.S. durable goods orders excluding transportation increased 1.3% month-over-month in May, surpassing the 0.6% forecast. The prior month's reading was revised upward to 1.4% from the initial 1.10%.

The U.S. four-week moving average of initial jobless claims reached 224,250 for the week ending June 20, according to Labor Department data. The prior week's figure was revised upward to 223,500 from the initially reported 223,250.

U.S. durable goods orders excluding defense declined 4.6% month-on-month in May, according to government data. The prior month figure was revised upward to 8.4% from an initially reported 8.1%.

According to BlockBeats, on June 25, Jeff Pu, head of overseas technology research at GF Securities Hong Kong, downgraded Dell's stock rating from Buy to Hold. The downgrade reflects Dell's 200% share price surge since October, with current valuations exceeding 20x 2028 fiscal-year earnings per share, limiting upside potential. Pu flagged rising risks from direct ODM partnerships. SpaceX and CoreWeave are evaluating direct collaborations with ODM manufacturers including Quanta, Hon Hai, and Pega

According to ChainCatcher, Fortune, a prediction market infrastructure platform, recently unveiled its core AI products AI Bot and Sports Agent. Fortune AI serves as an "AI operating system" for prediction traders, enabling real-time detection of news, market sentiment, and arbitrage signals while automating trading decisions through a structured execution pipeline. The launch follows Fortune's successful integration of Predict.fun's prediction market liquidity, enhancing users' trading options

According to ChainCatcher, Sharplink, a Nasdaq-listed Ethereum treasury company, signed a securities purchase agreement on June 25 to raise $75 million by issuing 10.0134 million common shares and equivalent warrants. Proceeds will be used for operating capital, continued ETH accumulation, and share repurchases under the company's buyback program. As of June 16, Sharplink held 875,776 ETH.

According to BlockBeats, Micron's highly anticipated earnings report is set to face market scrutiny tonight (June 25). As of press time, Micron shares surged nearly 18% in premarket trading, yet its major customers—hyperscalers including Microsoft, Amazon, Meta, Apple, and Google—all declined slightly in early trading. Meanwhile, Qualcomm predicted its data center AI component market will exceed $15 billion annually by fiscal 2029, with the stock rising 10% in premarket trading.

According to BlockBeats, on June 16, Standard Chartered issued a research report forecasting Uniswap's UNI token to reach $100 by end-2030 (40x gain from current levels), triggering a single-day surge of over 20%. A week later, Geoff Kendrick, head of Standard Chartered's digital assets research, predicted AAVE would hit $3500 by 2030 (50x gain), with the token rallying over 10% since the announcement.

According to Foresight News, China's central bank vice governor Zhang Changshi announced that the country convicted over 2,000 money laundering cases under Article 191 of the Criminal Law in 2025. The People's Bank of China said it strengthened enforcement against professional money laundering, virtual currency laundering, and cross-border laundering activities. Criminal syndicates exploit regulatory differences across jurisdictions, using methods including shell accounts, fund matching, and vir

According to Business Insider citing sources familiar with the matter, Tools For Humanity launched two external legal investigations last year into allegations that company executives misappropriated funds to artificially inflate Worldcoin's price and engaged in regulatory violations in Thailand. The company approved payments of millions of dollars to a foreign entity for the purpose of price manipulation rather than legitimate business services. Additionally, Tools For Humanity's Thai business

According to CME Fed Watch tool, the Federal Reserve has a 65.8% probability of holding rates steady in July and a 34.2% probability of raising them by 25 basis points. Looking further ahead, CME data shows a 32% probability of no rate change through September, with a 50.5% probability of a cumulative 25 basis point increase and a 17.6% probability of a 50 basis point increase by that date.

Multiple U.S. economic indicators are scheduled for release in 10 minutes today, June 25. Data due include: initial jobless claims for last week, first-quarter real personal consumption expenditure (final), first-quarter real GDP (final), first-quarter core PCE year-over-year (final), May durable goods orders, May personal spending, June core PCE month-over-month, and June core PCE year-over-year.

Circle and Nomura reportedly partnered on June 25, 2026 to enable stablecoin-based foreign exchange settlement for Japanese companies, as the country's regulated blockchain-based financial infrastructure continues to expand.

According to Israeli media on June 25, Israeli military and security officials denied reports that Israeli forces had withdrawn from southern Lebanon, stating they have not received any withdrawal orders. The Israeli Times reported that any potential Israeli withdrawal from southern Lebanese areas remains a negotiating point between Israel and Lebanon, with no agreement reached to date. Earlier that day, U.S. State Department officials claimed Israel had withdrawn from certain areas it controlle

According to ECB Governing Council member Mulan, recent economic changes are guiding the economy toward a more positive outlook.

Democratic lawmakers in the U.S. House of Representatives urged the Securities and Exchange Commission (SEC) to explain how it plans to regulate artificial intelligence-powered trading tools, according to a press release from Congressman Bill Foster earlier this month. The lawmakers raised concerns about investor protection, market integrity, and accountability as AI trading agents become more widely adopted by retail investors. They warned that AI trading is expected to expand beyond stocks int

According to Bloomberg, Ares private credit fund has set its redemption limit at 5% again. The cap restricts investor withdrawals from the fund.