Gate Crypto Flash News and Market Updates

According to Bitcoin.com News, on June 23-24, 2026, 14 major AI models including Claude, ChatGPT, and Grok predicted Bitcoin's price outlook across three timeframes. Given Bitcoin's 40% annual decline and recent consolidation between $62,171 and $65,994, most models forecasted a year-end range of $55,000 to $75,000, with 30-day predictions clustering around $60,000-$68,000 and 90-day ranges spanning $58,000-$72,000. The width of these prediction bands—often exceeding $40,000 across year-end fore

According to Benjamin Cowen, founder of Into The Cryptoverse, Bitcoin could fall to the $40,000 region by October-November 2026 as it completes a cyclical bottom, based on the analyst's 4-year cycle analysis and on-chain metrics. Cowen predicts this would represent a complete macro-level reset, with critical indicators like Realized Price and Balanced Price converging around this level. He attributed the continued pressure on Bitcoin to a strengthening US Dollar Index and noted that this market

OpenAI and Broadcom have announced Jalapeño, a new chip designed specifically for large language model inference in data centers. The ASIC was developed from scratch over nine months based on insights from OpenAI's researchers and informed by the company's product roadmap. Broadcom says Jalapeño is more specialized for current LLM needs than existing inference hardware. OpenAI claims early testing shows the chip delivers substantially better performance per watt than current solutions, though de

According to Guru Club, at Nvidia's 2026 annual shareholder meeting on June 25, shareholders approved all 10 board member nominees. CEO Jensen Huang stated that the era of useful AI has arrived and the AI infrastructure construction cycle will span decades, encompassing power grid and internet infrastructure development.

According to the U.S. Department of Agriculture (USDA), three cattle and one goat tested positive for New World screwworm on a single property in Terrell County, Texas this week—the largest cluster of infections reported since the disease was detected in the United States. The Texas Animal Health Commission said the affected animals came from the same location in the county bordering Mexico.

According to Alibaba's official statement on June 24, the company filed a lawsuit against the U.S. Department of Defense seeking its removal from the "Chinese Military Enterprise List." Alibaba stated it is not a military enterprise and has not participated in any military-civil fusion strategy. The company asserts the listing decision lacks factual basis.

According to Zhitong Finance, Hang Seng Index June futures closed at 23,322 points on June 25, down 68 points or 0.291%. The contract was trading at a 90-point discount to fair value.

According to Zhitong Finance, on June 25, the Hang Seng Index ADR rose 0.28%, closing at 23,478.87 points, up 66.69 points from Hong Kong's close. Among large-cap blue chips, HSBC Holdings fell 0.70%, while Tencent Holdings rose 0.56%.

According to market data, the S&P 500 and Nasdaq 100 closed 0.1% and 0.4% lower on Wednesday respectively, while the Dow Jones rose 0.4%. The declines marked the third consecutive session of weakness amid investor concerns about the longevity of the AI boom. Micron Technologies shares soared 11% after-hours following Q3 results that exceeded expectations by a wide margin, with the company providing a strong outlook for the upcoming quarter amid surging memory chip demand. The strong results push

According to CNBC, Micron reported on Wednesday a gross margin of 84.9% for fiscal Q3 2026, up from 74.9% in the prior period and marking the highest among all major U.S. tech companies, surpassing Meta's 81.9% and Nvidia's 75%. The company's CFO Mark Murphy noted that fiscal Q3 gross margin more than doubled from a year ago and was a company record. Micron's fiscal third-quarter revenue reached $41.46 billion, up more than $20 billion sequentially, with net income of $28.24 billion up over 100%

According to CNBC, semiconductor-related put option trading volume surged on Tuesday as investors sought protection against potential declines in chip stocks. The iShares Semiconductor ETF (SOXX) saw put option volume reach 74,468 contracts, about 1.5 times the 20-day average, signaling increased hedging demand. The move reflects growing concern that the AI-driven rally in semiconductor stocks may be approaching a correction, with investors worried any pullback could be sharper and faster than a

According to Japanese media, an earthquake with magnitude 6.9 struck off the coast of Iwate Prefecture, Japan on June 25.

According to the German Research Centre for Geosciences (GFZ), a 6.5 magnitude earthquake struck off the eastern coast of Japan's Honshu today (June 24).

Following regulatory approval from Japan's Pharmaceuticals and Medical Devices Agency (PMDA), Natera announced its Signatera test has been approved to support adjuvant treatment in colorectal cancer (CRC) patients. The stock surged 10.74%, marking its largest single-day gain since August 2025.

According to the International Monetary Fund (IMF), Côte d'Ivoire has received $832.8 million in funding support following the completion of the IMF's fiscal health assessment of the country.

According to Standard Chartered, AAVE token could surge 50 times to $3,500 by the end of 2030, according to a research note released Wednesday. Geoff Kendrick, the bank's global head of digital assets research, initiated coverage with price targets of $180 by end of 2026, followed by $600, $1,200, and $2,200 over the subsequent three years. Standard Chartered expects AAVE to track a projected 37-fold growth in DeFi assets to $2.7 trillion by 2030, fueled by stablecoins and tokenized real-world a

According to ChainCatcher, Bitcoin miners are facing sustained pressure as revenue continues to decline. The 7-day average daily revenue now stands at approximately $30 million, down significantly from over $50 million last summer. Bitcoin currently trades near $62,500, well below JPMorgan's estimated production cost of approximately $78,000. This price remains below production cost for five consecutive months, the longest such period in the current cycle. An estimated 20% of miners are now oper

According to the Colombian Geological Service, a 7.5-magnitude earthquake struck off Venezuela's northern coast on June 24 at 5:04 p.m. local time. The epicenter was located at 10.89°N, 67.74°W, with a depth of less than 30 kilometers. The U.S. Geological Survey reported a 7.1-magnitude earthquake near the Moron region of Venezuela and subsequently issued a tsunami threat alert through the U.S. tsunami warning system. No casualties or property damage have been reported.

According to ChainCatcher, the U.S. House Financial Services Committee held a hearing on Wednesday to discuss the Federal Reserve's proposed "streamlined master account" plan, which would allow certain crypto banks and fintech companies limited direct access to the Fed's payment system. A master account enables financial institutions to use the Fed's payment network directly; those without one typically rely on correspondent banks. The debate revealed a divide: community banks expressed concerns

On June 24, U.S. 10-year Treasury yield fell 10.47 basis points to 4.3922% at New York close. The 2-year yield declined 5.28 basis points to 4.1456%, while the 30-year yield dropped 10.57 basis points to 4.8396%. The 2/10-year yield curve flattened by 5.393 basis points to +24.250 basis points.