Gate Crypto Flash News and Market Updates

Shanghai and Shenzhen stock markets' combined trading volume exceeded 15 trillion yuan for the 226th consecutive trading day on June 24, down 255.3 billion yuan from the previous trading day.

According to Castle Labs, the onchain real-world asset market reached $282 billion as of June 2026, up 500% since early 2025, though it has since retreated from a peak of $318 billion. Tokenized U.S. Treasury securities and money market funds remain the largest category at $170 billion, or nearly 60% of the RWA market, with BlackRock BUIDL and Hashnote USYC each exceeding $3 billion. However, only approximately $30 billion of the $282 billion RWA has entered DeFi, representing roughly 10% penetr

According to ChainCatcher, Cboe Global Markets launched Cboe Predicts, a new prediction market platform, today (June 24). The platform's first products are binary options contracts based on the mini S&P 500 index, with ticker codes XSPBW and XSPBX, representing one-tenth the size of standard S&P 500 index options (SPX). The contracts are now live on Interactive Brokers and will expand to additional retail brokerages including Charles Schwab in the coming months. As securities options, these prod

According to Binance's official announcement, the exchange will update collateral ratios and tiered collateral rates for PortfolioMargin and PortfolioMarginPro on June 26 at 14:00 (UTC+8), affecting assets including ADA, TRX, DOT, ARB, OP, ENA, and VIRTUAL. Additionally, Binance Futures will adjust leverage and margin tiers for multiple USDT-margined perpetual contracts including BICOUSDT, ANIMEUSDT, WCTUSDT, 1000SATSUSDT, and others at 14:30 (UTC+8) on the same day.

According to Coinbase Ventures, the venture fund has sustained its investment pace amid market cycles, maintaining 5 to 6 investments per month since November 2025 through June 2026. Public data shows Coinbase Ventures has invested in 367 projects to date, with investment activity continuing unabated despite bearish market conditions.

According to Gate data, Hong Kong-listed AI stock Zhipu (02513.HK) surged over 13% today, with its market capitalization breaking back above HK$1 trillion.

According to Artemis data, Robinhood's in-house prediction market platform Rothera currently captures 15% of total World Cup event contract trading volume, with daily trading volume exceeding $134 million and over 2.4 million users. The platform's open interest has also surpassed Polymarket.

According to South Korea's central bank Financial Stability Report released Wednesday, the Bank of Korea stated it needs to raise its policy interest rate at an appropriate time, considering inflation pressures, economic conditions, and financial stability risks. The central bank has maintained its benchmark rate at 2.5% since the second half of 2025. The report warned that rising house prices in Seoul and surrounding areas, combined with increasing investor reliance on leverage to purchase asse

According to BlockBeats, on June 24, CoinUp clarified that Zhu Pan is not a platform member but rather a project founder whose project was listed on the platform. The clarification came after Binance co-founder He Yi posted tweets addressing personal disputes related to Zhu Pan, which sparked market attention. CoinUp emphasized that its core business, risk control system, product services, and daily operations are independently managed by its own team, and any attempt to link Zhu Pan's personal

According to Chosun Daily, South Korean messaging platform Kakao closed at 34,250 won (US$22) on June 23, approaching its all-time low of 32,800 won, despite integrating OpenAI's ChatGPT on June 16. ChatGPT for Kakao had reached 8 million users but showed short usage duration per user. Analysts noted the feature may have limited near-term impact, with over 90% of AI referral traffic originating from desktop devices. Kakao's weak share performance reflects broader concerns, as the company has und

According to Japanese news agency Kyodo News, Masayoshi Son, founder and CEO of SoftBank Group, stated on June 24 during the company's shareholder meeting that he would remain in the business for another 10 to 15 years. This reverses his earlier plan to hand over leadership in his sixties. Son also emphasized that he would focus on expanding the company's artificial intelligence operations.

According to Jin10, the Bank of Japan signaled on June 24 the need to further raise its benchmark rate, following last week's policy rate hike to its highest level since 1995. In meeting minutes released Wednesday, a board member stated that with core CPI inflation approaching 2% and financial conditions remaining loose, the central bank should continue raising rates to address current economic and inflation conditions. Although the minutes did not specify timing for the next increase, market ex

According to Thelec, KG Financial, the fintech subsidiary of South Korea's KG Group, has signed a strategic memorandum with the Solana Foundation to develop Web3-based digital asset payment infrastructure. The two parties have been discussing stablecoin payments since April and completed a joint proof-of-concept project covering stablecoin issuance and real payment services. KG Group plans to integrate its payment gateway KG Inicis' infrastructure and approximately 220,000 merchant network to ac

According to Malaysia's central bank statement on June 24, the central bank will intensify efforts to encourage foreign exchange inflows, including promoting the repatriation and conversion of overseas corporate earnings. The ringgit steadied near 4.1423 per U.S. dollar following the announcement, with the central bank citing stable economic fundamentals as continued support for the currency. The ringgit has declined 4.30% in June, marking Asia's worst-performing currency this month.

According to Guru Club, major cryptocurrencies fell on June 23 as markets braced for potential Federal Reserve rate hikes, with CME FedWatch showing a 34% probability of a 25-basis-point increase in July. Traders anticipate further potential rate hikes later this year. However, Zach Pandl from Grayscale predicted the Fed would hold rates steady, suggesting Bitcoin could outperform technology stocks if his forecast proves correct.

According to Foresight News, Sahara AI announced SAHARA token unlock delays: investor unlocks postponed by 3 months, while founders, core team, and advisors face 6-month delays to demonstrate long-term commitment. The project stated buybacks remain part of its long-term treasury strategy, funded by product revenue rather than as reactive market measures. SAHARA is a fixed-supply token with no burn mechanism planned. Upcoming developments include new features on the Sorin platform and expansion t

According to ChainCatcher, Bitget has completed an upgrade to its ADL (Automatic Deleveraging) execution pricing mechanism. Under the upgrade, when the insurance fund account triggers ADL and matches against counterparty positions, trades will execute at the mark price, bringing execution prices closer to actual market conditions. The change enables users to more accurately assess ADL's impact on positions and strategies for improved risk management.

According to Foresight News, Bitget has completed an upgrade to its ADL (Automatic Deleveraging) mechanism. Executed trades will now use the mark price when the insurance fund account triggers ADL and matches with counterparty positions, bringing execution prices closer to actual market conditions.

According to CryptoQuant analyst DarkFost, the STXO (Spent Transaction Output) 90-day average for long-term Bitcoin holders—those holding BTC for over 5 years—has fallen to 962 BTC, marking the lowest level since November 2024. The data suggests reduced selling pressure from this investor cohort at current price levels.

According to Jin10 Futures, as of 10:15 on June 24, the CFETS-NEX RMB sentiment index fell to 50, down 3 points from 08:45. Among institutional segments, large banks reported 49, mid-size banks 52, and non-bank institutions 49, each declining 3 points.