Gate Crypto Flash News and Market Updates

OpenAI launched GPT-5.5 Instant, its latest model version, to free users globally starting June 26, according to an official announcement. The model replaces the previous GPT-5.3 Instant as the default across all ChatGPT platforms, serving hundreds of millions of active users. The updated model shows significant performance gains across medical, legal, and financial domains, with hallucination rates substantially reduced and benchmark scores approaching the flagship model from two years ago. GPT

Spot silver declined more than 1% today, trading at $56.89 per ounce. NYMEX silver futures fell over 2%, currently at $56.92 per ounce.

According to an official announcement, SanDisk tokenized stock SNDK went live on Solana today (June 25) through Sunrise. Users can now trade SNDK 24/7 via Solana ecosystem wallets and applications, including during traditional stock market closing hours.

Revora, formerly MyAlice, raised US$2 million in seed funding led by i2i Ventures and Oraseya Capital, co-founder Daniyal Baig announced recently. The Dubai and Singapore-based ecommerce platform integrates customer support, WhatsApp marketing, ticketing, workflow automation, and AI chatbots. Additional investors included Anchorless Bangladesh, Conjunction Capital, F6 Ventures, Orbit Ventures, and Hi2 Global. Baig noted the rebrand reflects a pivot toward an AI-native operating layer for merchan

According to The Elec on June 24, Apple has largely resolved hinge durability issues that previously threatened its foldable iPhone launch timeline. The company has completed specifications for the folding screen, casing, and mechanical components, entering mass production preparation stage. Foxconn will handle initial production volume, with manufacturing expected to begin by late July. The September launch event schedule remains unchanged.

According to Coinglass, in the past 24 hours, derivatives markets saw $988 million in liquidations, with long liquidations totaling $799 million and short liquidations $189 million. Bitcoin long liquidations reached $321 million while shorts were $80.97 million; Ethereum saw $171 million in long liquidations and $50.95 million in shorts. The largest single liquidation occurred on Binance BTCUSDT worth $12.21 million.

According to Jin10 Data, two earthquakes with magnitude 7.0 or above struck northern Venezuela on the evening of June 24 (early morning Beijing time on June 25). The epicenter was located approximately 160 kilometers west of the capital Caracas with a depth of 10 kilometers. Multiple buildings in Caracas sustained damage. The U.S. Geological Survey warned that the earthquakes could result in "widespread fatalities and extensive destruction." The exact casualty figures remain unclear.

Australia's part-time employment increased by 35,200 in May, rebounding from a decline of 7,900 in April, according to official labor data.

Australia's seasonally adjusted employment participation rate came in at 66.7% in May, matching both the forecast and the prior month's reading of 66.7%.

According to BlockBeats on June 25, Litbit Mining Pool founder Jiang Zhuoer stated that the mNAV metric has dropped to 0.72, nearing the 0.7 low reached in May 2022 during the previous bear cycle. Based on the mNAV indicator typically leading Bitcoin price bottoms by approximately six months, combined with the four-year cycle model and declining volatility patterns, Jiang predicts the current bitcoin bear market will bottom between October and December 2026 at a target price range of $42,000 to

According to Beating, the latest version of Anthropic's Claude Code (v2.1.190) contains multiple status prompts indicating that the advanced frontier model Fable 5 is preparing to return, revealed through code analysis by @synthwavedd. Unlike version v2.1.186, which classified Fable 5 as a separate usage credit purchase, the latest code removes time-limited inclusion notes and introduces a weekly allotment model. When users reach quota limits, the client will display "You have used up this week'

According to Odaily, Micron announced today its Q3 earnings and signed 16 long-term strategic customer agreements (LTAs) covering 2026 through 2030, with take-or-pay clauses. Management expects these contracts to generate approximately $100 billion in guaranteed revenue and yield around $22 billion in customer cash deposits and financial commitments. Q3 revenue reached $414.6 billion, surpassing market expectations of $358 billion, while adjusted EPS of $25.11 exceeded forecasts of $20.7–$20.8.

Australia's full-time employment increased by 5,200 persons in May 2026, rebounding from a decline of 10,700 in April.

Australia's employment rose by 40,300 in May, exceeding expectations of 32,500 and reversing the prior month's decline of 18,600.

Qualcomm announced its acquisition of Modular, a company developing an open-source native AI software platform designed to break NVIDIA's proprietary CUDA ecosystem dominance. The deal, expected to close in the second half of 2026, aims to combine Modular's hardware-neutral software stack with Qualcomm's chip capabilities to enable developers to write AI code once and deploy across CPUs, GPUs, NPUs, and custom ASICs without modification. Modular's platform focuses on cross-platform efficiency an

Australia's unemployment rate fell to 4.4% in May, matching analyst expectations and declining from 4.5% in the previous month.

According to Bits.media, on June 25, Russia's fiscal policy chief Alexei Yakovlev admitted the government's cryptocurrency regulation bill cannot take effect by July 1 as originally planned. The bill passed its first reading on April 21 and is prepared for a second reading, but will be "slightly delayed." Yakovlev said the State Duma's Financial Markets Committee will review the bill in "the coming weeks," making a July 1 passage impossible.

According to Jin10, on June 25, Iran's Revolutionary Guard Navy issued navigation requirements for the Strait of Hormuz, stating that all transits must be coordinated with the Guard on Channel 16. Vessels violating transit instructions will face action, the Guard said. The Guard also warned that unauthorized new shipping routes through the strait are unacceptable and dangerous, emphasizing that safe passage can only occur via routes designated by Iran.

The Nikkei 225 Index intraday gains expanded to 3% on June 25.

China's central bank conducted a 370.5 billion yuan 7-day reverse repurchase operation today (June 25), with bidding volume and successful bid volume both at 370.5 billion yuan, the operational rate held steady at 1.40%, unchanged from the previous operation.