Gate Crypto Flash News and Market Updates

According to The Block, Ground, a startup founded by Superstate co-founder Reid Cuming, raised $3.6 million in pre-seed funding on Wednesday to help fintechs and asset managers access onchain yield products through an API. Bain Capital Crypto and ParaFi co-led the round, with participation from Nascent, Robot Ventures, Chapter One, and Consonant Ventures. Ground's platform allows financial platforms to embed onchain yield strategies without building their own blockchain integrations, supporting

At Qualcomm's 2026 Investor Day on June 24, the company's data center business chief announced it will launch data center CPUs by mid-2028, with custom chips generating significant revenue beginning in Q1 2027. Qualcomm also plans to deploy its high-bandwidth computing (HBC) chips in Microsoft Azure datacenters.

According to Business Insider, Google postponed the launch of Gemini 3.5 Pro to July from its originally planned release date.

According to The Block, 21Shares, a Europe-based cryptocurrency ETF provider managing $11 billion, predicted on June 24 that Bitcoin will reach $100,000 by the end of 2026. The firm's analysts noted that BTC's recent price movements closely resemble historical post-halving patterns, and Bitcoin has avoided the capitulation phase seen in previous bear markets, signaling a more mature market with stronger capital flows. Bitcoin is currently trading between $60,000 and $62,000 after recovering from

According to Jin10, on June 24, Israeli Prime Minister Netanyahu stated at a gathering of Israel's local government association that Israeli forces will not withdraw from southern Lebanon's 'security zone' as long as he remains in office. Netanyahu emphasized that Israel refuses to allow Iran to develop nuclear weapons. He added that while Hezbollah remains active, Israeli forces have established a 'security zone' in southern Lebanon and are systematically destroying its underground infrastructu

According to sources familiar with the matter, the Trump administration is advancing plans to sell dozens of jet engines to Turkey worth over $700 million on Wednesday, despite opposition from some U.S. Congress members. The engines, produced by General Electric, will be used for Turkey's first domestically developed fighter jet, KAAN. The sale is seen as a goodwill gesture toward Ankara ahead of NATO's summit scheduled in Turkey next month.

According to Coinglass data, if Ethereum breaks $1,653, cumulative short liquidations on major centralized exchanges could reach $485 million. Conversely, if ETH drops below $1,497, cumulative long liquidations would total $194 million.

Nvidia CEO Jensen Huang told shareholders on Wednesday (June 24) that if a commercial opportunity conflicts with U.S. national security, the company would prioritize American interests. Huang stated that companies attempting to smuggle Nvidia chips into countries with export restrictions such as China would face challenges, as Nvidia would not provide support or repairs. "Advanced AI data centers are massive integrated systems that require trusted hardware, software, networking, and continuing s

According to Jin10, gold futures on the New York market fell 3.4% on June 25, closing at $3,990.30 per ounce—the lowest closing price since November 2024. A stronger U.S. dollar and growing market expectations of potential Federal Reserve rate hikes later this year weighed on investor sentiment, making dollar-denominated commodities more expensive for overseas buyers.

According to Henry Legg, a quantum physicist at the University of St Andrews, a peer-reviewed commentary published in Nature questions the validity of Microsoft's quantum computing breakthrough announced last year. Legg specifically challenges the software used in Microsoft's February 2025 paper, arguing it may produce inconsistent or incorrect results when detecting specific energy gaps in nanowires. He contends that additional data Microsoft made public showed patterns closer to random noise r

According to Coinglass, Binance received net inflows of 49.71 million USDT in the past hour.

According to Bloomberg citing sources, two top Google AI researchers, Jonas Adler and Alexander Pritzel, are planning to leave the company and join Anthropic. The news triggered a market decline, with Alphabet shares falling 0.6% and the Nasdaq 100 index down 0.5% today.

According to JPMorgan, the bank raised its 2026 year-end S&P 500 target to 7,800 on June 24, up from its previous forecast of 7,600. The new target implies approximately 6% upside from the index's recent close near 7,365.46. JPMorgan lifted its 2026 S&P 500 earnings-per-share estimate to $350 and projected 2027 earnings at $390, citing artificial intelligence capital expenditure, stronger earnings revisions, and improved geopolitical conditions as key drivers. The firm noted that hyperscaler AI

According to the U.S. Department of Transportation, domestic airfare prices in the United States increased by 4.7% during the first quarter of 2026.

According to Jin10, U.S. Democratic Senator Warren plans to urge Congress on June 25 to strengthen antitrust enforcement against artificial intelligence and reform merger laws to increase transparency. In prepared remarks, she stated: "Companies cannot simply escape antitrust oversight by using algorithms. If a company illegally raises rents using AI during a housing affordability crisis, we must fight back."

According to Jin10, ECB official Zigemann highlighted price stability as the central bank's key priority on June 25, marking his first public speech since becoming Croatia's central bank governor. He noted that falling oil prices, driven by developments related to the Strait of Hormuz situation, will have a positive impact on inflation control, easing the ECB's task despite concerns that higher borrowing costs may weigh on the region's already fragile economy.

According to CryptoQuant, MSTR stock fell below $100 on Wednesday, reaching its lowest in two years as its variable-rate perpetual preferred shares STRC traded near $84, well below the $100 par value designed to fund the company's Bitcoin buying strategy. On Friday, MSTR closed at $103.84, down about 5% for the week. CryptoQuant Head of Research Julio Moreno estimated that Strategy would need approximately $2.8 billion in cash reserves to restore 24 months of dividend coverage, against $1.2 bill

According to Jin10, on June 25, Federal Reserve Vice Chair Michele Bowman completed a reorganization of the central bank's banking supervision department, effective July 12. The restructuring will redistribute personnel and resources across four functional groups: Supervision; Financial Research, Risk and Application; Regulation and Policy; and Business Enablement. Bowman stated in a staff memo that the reorganization aims to refocus on major financial risks while enhancing effectiveness, effici

According to its official statement, Nakamoto Inc. (NASDAQ: NAKA) ceased all patient-facing healthcare operations on June 19, with final administrative work expected to conclude in Q3 2026, according to an announcement made June 22. The company now operates exclusively as a Bitcoin business through three crypto-native divisions: BTC Inc. (media and Bitcoin Magazine), UTXO Management (asset management), and a consulting practice. Nakamoto holds approximately 4,467 BTC worth roughly $278.5 million

Silver prices declined significantly intraday on June 24. NYMEX silver fell 10.0% to $56.26 per ounce, while spot silver dropped 9.5% to $55.6 per ounce.