Gate Crypto Flash News and Market Updates

A Japanese expert panel recommended reducing the food sales tax to 1% for a two-year period. The proposal aims to provide relief in the food sector during the specified timeframe.

According to Beating, Zero One Everything founder Li Kaifu disclosed plans to go public in 2027 and secure new funding in a recent Hu Xiu interview. The AI company will avoid the U.S. market, instead focusing on Europe, the Middle East, Asia-Pacific, and Africa for sovereign AI solutions. Li has been invited to join Kazakhstan's national AI committee to address multilingual voice localization challenges. Zero One Everything's flagship product achieved a 10–15% close rate with major clients. The

According to Shanghai Gold Exchange, on June 24 (Wednesday), gold T+D prices closed down 1.06% to 894.0 yuan/gram, while silver T+D fell 2.24% to 14,906.0 yuan/kilogram.

OpenPayd, which provides infrastructure to Kraken and other companies, today secured a MiCA (Markets in Crypto-Assets Regulation) license. The company can now offer regulated crypto services across Europe under the framework.

According to CEO Song Qun, LianYi Rong Technology (09959) shared supply chain finance digitalization strategies on June 23-25 at the 2026 Summer Davos forum in Dalian. The company presented its digital credit solution to integrate core enterprise credit across supplier networks, enabling small and medium-sized enterprises to reduce funding pressure and bridge technology gaps with larger corporations. Through LianYi Rong's proprietary XunYi Chain SaaS platform, SMEs completed financing at an aver

Rickard Bånging, deputy governor of Sweden's central bank, indicated on June 24 that an interest rate increase is possible in autumn, though the Riksbank will reassess its policy path following the summer. The statement suggests ongoing flexibility in the bank's monetary stance ahead of a potential shift later in the year.

According to Coinglass data, whales on Hyperliquid currently hold $4.3 billion with a long-to-short ratio of 0.99. Long positions total $2.143 billion (49.83% of holdings) with unrealized losses of $174 million, while short positions amount to $2.157 billion (50.17%) with unrealized gains of $86.35 million. Whale address 0x082e..88 opened a 5x leveraged long on HYPE at $38.6755, currently holding an unrealized gain of $32.25 million.

On June 24, Chinese Foreign Ministry spokesperson Guo Jiakun said the U.S. and Iran have signed a memorandum of understanding in which both nations commit to respecting each other's sovereignty and territorial integrity, renounce military action, and refrain from interference in internal affairs. Guo called the agreement a positive signal. China said it is willing to continue playing a constructive role in restoring regional peace and stability, following the principles outlined by President Xi

U.S. diesel prices fell below $5 per gallon for the first time since March on June 24, marking the latest decline in the fuel market.

According to China's Foreign Ministry spokesperson Guo Jiakun on June 24, two Japanese nationals were detained for violating Chinese law, with the ministry informing Japan of the situation. The Foreign Ministry emphasized that Japan should educate and remind Japanese citizens and enterprises in China to comply with Chinese laws and regulations.

According to Cboe's Tuesday press release, Cboe Global Markets launched Cboe Predicts, its new prediction markets suite featuring binary option contracts based on the Mini-S&P 500 Index (XSP). These contracts allow customers to bet on S&P 500 performance at one-tenth the size of the full index, making them more accessible to retail traders. The contracts, listed under tickers XSPBW and XSPBX, are currently available on Interactive Brokers and expected to launch on Charles Schwab in the coming mo

According to Securitize and official announcements, on June 23, Economist Nouriel Roubini entered blockchain finance through USAFi, a tokenized investment product co-authored with Atlas Capital Team. USAFi mirrors the performance of the Atlas America Fund (USAF), a Nasdaq-listed exchange-traded fund overseen by Roubini, and will launch in the third quarter under Dubai's Virtual Assets Regulatory Authority (VARA) regulatory framework. Unlike cryptocurrencies, USAFi is backed by a diversified port

Zoomex hosted the first episode of its World Cup Edition X Space on June 24, featuring Champions League winner Djibril Cissé alongside four crypto traders: Dieguito Charts, Bitsofwealth, Mega, and 5.0 Trading. The session launched a five-part charity initiative as part of the ZoomX World Cup Impact Pledge. Zoomex commits 1,000 USDT per episode to a charity selected by each football guest. If the guest's World Cup prediction proves correct, the donation increases by an additional 5,000 USDT. Ciss

According to Gregory Pudovsky, Truoux Exchange advanced its UK FCA license application on June 24, upgrading its anti-money laundering system and risk control mechanisms to comply with UK financial standards. The platform strengthened its KYC procedures through tiered verification and continuous monitoring, while also optimizing its governance structure to ensure all operations remain traceable and auditable.

According to BlockBeats, South Korea's Tax Tribunal on June 24 ruled that a Bitcoin gift tax dispute requires further investigation. The case centers on whether transferring 67 BTC through a spouse's overseas exchange account constitutes a taxable gift. Taxpayer A held the Bitcoin in a personal hardware wallet (Ledger) since before 2014 but transferred it through spouse B's account due to South Korea's Travel Rule restrictions, taking only 2–8 minutes. The tax authority had classified this as sp

According to Jin10, Fujairah crude oil inventories rose by 1.701 million barrels to 6.846 million barrels for the week ending June 22, according to data from the Fujairah Oil Industry Zone. Residual fuel oil inventories increased by 1.605 million barrels to 4.024 million barrels, accounting for the majority of the overall gain.

Snam's CEO expressed confidence in the natural gas storage filling activities, announcing plans to raise gas storage levels from the current 65% to above 90% by the end of October. The Italian gas network operator aims to strengthen energy supply stability ahead of the winter season.

According to South Korea's National Statistical Office, the country recorded 24,521 newborns in April, representing an 18% increase compared to the same month last year. This marks the highest count for April since 2019.

According to Bank of Thailand, the central bank's monetary policy committee voted unanimously on Wednesday to maintain the one-day repurchase rate at 1%, the lowest level since September 2022, to support economic growth amid manageable inflation and a stable currency.