Gate Crypto Flash News and Market Updates

The U.S. Energy Information Administration (EIA) reported last week that American Midwest crude oil inventories fell to their lowest level since November 2014.

According to ChainCatcher, Binance announced on June 24 that it has withdrawn its MiCA (Markets in Crypto-Assets Regulation) license application submitted in Greece and will pursue authorization in another European Union member state instead. The company cited a careful assessment of Greece's current approval progress and timeline as the basis for the decision, prioritizing user interests. Binance expects to obtain the relevant license in the new member state within the coming months, though the

According to Ai 姨, address 0xa2e...f1468 went long 21,000 ETH with 18x leverage on Hyperliquid today (June 24), with a notional position size of approximately $34.61 million. The position was opened at $1,728.50 per ETH and is currently underwater by $1.696 million. The liquidation price stands at $1,590.10.

Hang Seng Index futures climbed to 23,430 points in the evening session around 10:30 p.m. on June 24, up 40 points or 0.17%, trading at a 18-point premium with 9,706 contracts traded. The Hang Seng China Enterprises Index futures rose to 7,774 points, up 20 points or 0.26%, with 14,644 contracts traded. The evening session high reached 23,465 points, while the low was 23,267 points, compared to the day session close of 23,390 points.

According to BlockBeats, on June 24, compute infrastructure company Ornn closed a $33 million seed funding round led by a16z Crypto, with participation from Galaxy Ventures, Nordstar, and SV Angel. Vine Ventures, Crucible Capital, Link Ventures, and Box Group continued their support. Ornn develops the OCPI, a trading-based compute index designed to provide a unified, trusted price benchmark for settlements in the compute market.

According to Yahoo Finance, shares in Bitcoin treasury company Strategy (MSTR) fell to $97.30 on Wednesday, marking their lowest price in more than two years, as Bitcoin sank to $60,935—a two-week low. MSTR traded at $98.05 by midday, down 5.5% on the day. The decline accelerates a sharp recent selloff; MSTR shares have fallen roughly 20% over the past week and more than 38% over the past month, according to Yahoo Finance historical data.

According to a draft growth strategy report cited by Reuters, Japan plans to study ways to improve management of its $1.3 trillion foreign exchange reserves, which are viewed as "ammunition" for future yen intervention. The Japanese government aims to enhance the returns on these reserves while considering their original purpose.

According to the U.S. Energy Information Administration (EIA), the implied demand for distillate fuel production for the week ended June 19 fell to 4.927 million barrels per day from 5.166 million barrels per day in the prior week.

According to CNBC's Squawk Box on June 23, billionaire investor Philippe Laffont from Coatue Management expressed concerns about Bitcoin's future and said he would rather bet on space and artificial intelligence companies. Laffont argued that Bitcoin originally filled a market gap when public listings were scarce, but that gap is now being filled by new IPOs in space and AI, as well as stablecoins. SpaceX, which completed its IPO on June 12 at $135 per share raising about $75 billion, holds 18,7

According to Tether's official statement, Oobit has integrated USDT with Brazil's PIX instant payment network on June 24, enabling approximately 170 million PIX users to gain direct access to the stablecoin. The integration connects USDT with one of the world's largest payment infrastructures, allowing users to conduct cross-border transfers and instant payments while benefiting from stablecoin stability.

According to reports, on June 24, World expanded AgentKit, its framework for human-verified AI agents, with all 500 limited-edition 'Human in the Loop' hats claimed by verified users across the United States, Germany, Japan, and the United Kingdom. The framework connects AI agents to World ID, enabling services to verify when an agent acts on behalf of a real person. During the demonstration, AI agents discovered the drop, verified eligibility through World ID, navigated the storefront, and comp

According to EIA weekly data, U.S. crude oil strategic petroleum reserve inventory declined by 9.06 million barrels for the week ending June 19, compared to a decline of 8.941 million barrels in the previous week.

According to EIA data, U.S. refined product imports reached 91,000 barrels per day for the week ended June 19, rebounding sharply from negative 204,000 barrels per day in the prior week.

According to the U.S. Energy Information Administration, heating oil inventories reached 722,000 barrels for the week ending June 19, compared to the previous week's inventory drawdown of 204,000 barrels.

According to EIA data, U.S. refinery crude oil production reached 55,000 barrels per day for the week ending June 19, up from negative 29,000 barrels per day in the prior week.

According to EIA data, U.S. gasoline output fell 588,000 barrels per day for the week ending June 19, after rising 356,000 barrels per day in the prior week.

According to EIA data, U.S. refinery capacity utilization fell to 96.1% for the week ending June 19, coming in below the forecast of 96.7% and down from the prior week's reading of 96.7%.

According to EIA data, U.S. refinery gasoline stocks increased by 12,000 barrels for the week ending June 19, reversing a decline of 13,000 barrels in the prior week.

According to U.S. Treasury Secretary Scott Bessent on CNBC on June 24, the U.S. economy is poised to achieve 3% GDP growth this year as geopolitical tensions ease. Bessent expressed confidence in the economy's fundamentals, noting that growth approached 4% earlier in 2026 before being dampened by military operations in the Middle East. However, recent economic data has been weaker than expected. U.S. GDP grew at an annualized rate of 1.6% in the first quarter of 2026, up from 0.5% in the previou

According to EIA data, U.S. crude oil production declined by 81,000 barrels per day in the week ending June 19, compared to an increase of 230,000 barrels per day in the prior week.