Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-06-24
16:15

Sunrun Stock Surges 18% on Tesla and Renew Home Partnership to Supply 16 GW of Flexible Power

Sunrun (RUN) announced a partnership with Tesla and Renew Home on Wednesday to deliver more than 16 gigawatts (GW) of flexible energy to data center operators. The stock jumped 18%, marking its largest single-day percentage gain in nearly 10 months. The collaboration pools power resources from hundreds of thousands of home battery systems operated by Sunrun and Tesla, alongside more than eight million devices managed by Renew Home, to address soaring energy demand from artificial intelligence op
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16:12

Aave Could Jump to $3,500 by 2030, Standard Chartered Forecasts 50x Gain from Current Levels

According to Geoff Kendrick, Standard Chartered's global head of digital assets research, Aave (AAVE) could reach $3,500 by the end of 2030, representing roughly a 50x increase from its current trading price near $76.49. Kendrick's staged forecast projects AAVE at $180 by end of 2026, $600 by end of 2027, $1,200 by end of 2028, and $2,200 by end of 2029. The forecast assumes significant growth in decentralized finance and wider adoption of tokenized real-world assets. Standard Chartered expects
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16:12

10x Research Targets Bitcoin at $55,000 Amid ETF Outflows, Polymarket Prices 64% Probability

According to 10x Research's report published June 23, Bitcoin is expected to test $55,000 as the cycle low within a timing window spanning late August to October 2026. The price target, framed as a stress-test floor representing genuine value, is based on USD strength indicators, global liquidity models, onchain cost-basis data, and historical cycle patterns. Bitcoin traded below $61,000 on June 24, approximately 51% below its October 2025 all-time high above $126,000. The firm attributes curren
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16:09

U.S. Secretary Rubio Warns of Response if Iran Closes Strait of Hormuz

U.S. Secretary of State Marco Rubio stated recently that the United States has contingency plans in place should Iran close the Strait of Hormuz. The warning underscores Washington's readiness to address potential disruptions to one of the world's most critical shipping routes, through which roughly one-third of global seaborne trade passes.
16:03

Trump: U.S. Will Participate in IAEA's Nuclear Inspections of Iran on June 24

According to Jin10, U.S. President Trump announced on June 24 that American personnel will participate in the International Atomic Energy Agency's inspections of Iranian nuclear facilities. When asked about Iran's denial of allowing inspectors access to attacked sites, Trump stated: "They've already agreed. They agreed to inspectors going in."
16:02

MicroStrategy Shares Drop Below $100 for First Time in 15 Months, Down 4.18% on June 24

According to market data, MicroStrategy shares fell to $99.50 on June 24, 2026, down 4.18% intraday — the first time below the $100 threshold since March 2024. The drop marks a significant shift in sentiment for the company, which holds 847,363 Bitcoin, approximately 4% of the total Bitcoin supply, with an average acquisition cost of $75,651 per BTC. With Bitcoin trading around $61,000 at the time of the report, Strategy's aggregate Bitcoin position sits below its average entry cost, reflecting
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16:01

US Credit Unions Managing $25B in Assets Join Stablecoin Pilot on June 24

According to Stablecore, Circuit, and Curql, a new pilot program allows US credit unions managing $25 billion in assets to test stablecoin payments and other digital asset services starting today (June 24). The initiative gives participating institutions access to stablecoin infrastructure for digital payment and asset handling capabilities.
16:01

Rui Wei Technology Passes Hong Kong Stock Exchange Hearing on June 24, Eyes 'Visual Embodied AI' IPO

According to Hong Kong Stock Exchange disclosures on June 24, Rui Wei Technology (Xiamen Rui Wei Information Technology) cleared the main board listing hearing and will debut as Hong Kong's first publicly listed visual embodied AI company. Joint sponsors are Huatai International, China Construction Bank International, and Agricultural Bank of China International. The company, founded in 2012, specializes in enterprise-grade visual intelligence products and solutions spanning visual perception to
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15:57

Crypto Market Liquidations Hit $409M in 24 Hours, Longs Dominate With 83% Share

According to CoinGlass, in the past 24 hours, approximately 103,200 traders were liquidated across crypto derivatives markets, with total liquidations reaching $409 million. Long positions accounted for $340 million of the total, while short positions represented $69.15 million, with longs comprising over 83% of all liquidations. The largest single liquidation occurred on Binance's BTCUSDT contract, amounting to approximately $3.02 million.
15:56

Onyx Odds Raises $20 Million in Series A Led by Payward, Kraken's Parent Company

According to statements Wednesday, Onyx Odds, a prediction markets app for sports betting, raised $20 million in Series A funding led by Payward, the parent company of cryptocurrency exchange Kraken. The funding valued Onyx Odds at $220 million. The investment comes less than two years after launch and less than one year after the app exited beta. As part of the deal, Onyx Odds will integrate with Payward Services and offer crypto trading within the app.
15:52

UK Crypto Hub Ambitions Slow as Regulatory Resources Diverted, Says Former FCA Official

According to CoinDesk, on June 24, former UK Financial Conduct Authority (FCA) official Isadora Arredondo stated that Britain's progress toward becoming a "global crypto hub" has slowed due to regulatory resources being diverted by Brexit, pandemic response, and multiple financial scandals. Arredondo, now Vice President of Global Policy at Hedera, noted that while UK institutions and wholesale markets actively explore tokenization through projects like digital securities sandboxes, startups and
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15:50

Trump Vetoes Housing Bill With CBDC Ban, Demands Congress Pass Election Law First

According to CoinDesk, President Trump today refused to sign a bipartisan housing bill containing a four-year U.S. central bank digital currency (CBDC) ban and canceled the scheduled signing ceremony. Trump demanded Congress first pass his SAVE AMERICA ACT election law as a condition for proceeding. The housing bill's CBDC provision would prohibit the Federal Reserve from issuing a digital dollar before the end of 2030. Crypto industry participants had previously viewed the ban as a significant
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