Gate Crypto Flash News and Market Updates

According to ChainCatcher citing Coinglass data, Ethereum's global futures contract positions increased 5.15% in the past 24 hours, with total open interest reaching $23.023 billion. Binance leads with $5.683 billion in open positions, followed by Gate with $2.045 billion and OKX with $1.463 billion.

According to Wedbush, Tesla's Terafab has hired Gary Jiang, a former Intel executive, boosting prospects for Intel's 14A chip process against TSMC competition.

Rivian Automotive raised its 2026 delivery guidance on Thursday to between 65,000 and 70,000 vehicles, up from prior forecast of 62,000 to 67,000 units, citing stronger-than-expected demand during the second quarter. The EV maker delivered 12,194 units in Q2, exceeding FactSet analyst consensus of 11,000 units and its previous outlook of 9,000 to 11,000 vehicles, driven by its electric delivery van, flagship R1 products, and newly launched midsize R2 SUV. Rivian will report full second-quarter f

According to Nick Timiraos, Federal Reserve communications official, the private sector added an average of 88,000 jobs per month over the past six months, marking the fastest pace in two years. Total nonfarm employment increased an average of 92,000 jobs monthly over the same period, the highest rate since early 2025.

New York gold futures reached $4,150 per ounce during intraday trading on July 2, gaining 1.68% on the day.

According to reports, OpenAI has proposed giving the U.S. government a 5% equity stake in the company, valued at approximately $42.6 billion based on the firm's recent $852 billion valuation. CEO Sam Altman reportedly framed the plan as a mechanism to share AI gains with the public, with similar stakes potentially offered to other major U.S. AI developers including Anthropic, Google, and Meta through a government vehicle. The proposal emerges amid increased Washington scrutiny of frontier AI mod

According to ADP, the U.S. labor market added 98,000 jobs in June, missing consensus expectations of 105,000. Spot gold traded near session highs at $4,026.83 per ounce, up 0.48% on the day following the softer-than-expected employment report. Petros Pantzari, Chief Dealer at Monaxa, said the weaker jobs print signals a cooling labor market that may prompt the Federal Reserve to adopt a more dovish stance, which typically pressures the U.S. dollar and supports gold prices by reducing yields on n

According to The Guardian, Nigel Farage, leader of the UK Reform Party, invested £215,000 in Bitcoin vault company Stack BTC and holds a 5.61% stake. Since the company's March launch, his investment has declined 15.48%, resulting in losses of approximately £565,000.

According to Binance, deposits and withdrawals on the Injective (INJ) network will be temporarily suspended starting July 2, 2026, at 4:00 PM to support the planned network upgrade and hard fork process. The Injective network upgrade and hard fork is expected to occur at block height 172,502,000, approximately at 5:00 PM on July 2. Binance stated it will handle all necessary technical operations on behalf of users, so no additional action is required. Trading of INJ tokens will continue unaffect

CertiK announced the launch of CertiK Hunt on July 2, an invite-only platform connecting elite security researchers with Web3 projects. The platform enables projects to launch bug bounty programs, audit competitions, and AI challenges while maintaining quality standards by reviewing both researchers and projects before participation. According to CertiK's Head of Communications Margarita Kadochnikova, the platform aims to create a trusted environment where researchers can focus on finding critic

According to ChainCatcher, Feixiaohao's (feixiaohao.ai) Nasdaq ticker symbol FXHO became effective on July 2, marking the company's official listing on the Nasdaq main board following its crypto-compliance restructuring. Binance's U.S. equities trading module has synchronized support for FXHO stock trading.

According to community user @CGBRC20 reported on ChainCatcher, the Alkanes protocol has a critical vulnerability allowing unlimited token minting. An address used the exploit to generate 100 million DIESEL tokens. The official Espo block explorer and Subfrost interface are unable to display affected assets, and users holding the token should exercise caution. Alkanes officials stated on Telegram that user funds remain secure.

According to Jin10, Federal Reserve official Dalai stated that U.S. housing inflation is declining.

According to Cryptoquant, centralized finance crypto lending fell 6% in Q1 2026 to $23.3 billion, marking the industry's first contraction since Q3 2024. Tether maintained dominance with a $15.8 billion loan book and 68% market share, despite a 7% quarterly decline in its lending portfolio. Maple Finance ranked second with $2.1 billion in loans and 9% share, followed by Nexo with $1.8 billion and 8%. Coinbase and Galaxy Digital each held about 6%, while Ledn accounted for 3%. Galaxy Digital saw

According to BlockBeats, on July 2, U.S. short-term rate futures surged following non-farm payroll data release, prompting the market to push back its rate hike expectations. The market now fully anticipates a December rate hike, delayed from prior expectations of an October increase.

According to Xinhua News Agency, Amazon successfully launched 29 satellites for its low-earth orbit internet project on July 2 at 00:30 ET (12:30 Beijing time) using United Launch Alliance's Atlas V rocket from Cape Canaveral Space Force Station in Florida. The satellites have been deployed to their designated orbit as planned.

The 10-year U.S. Treasury yield fell 1.76 basis points to 4.457% following the release of the Non-Farm Payroll report on July 2.

Spot gold surged to $4,120 per ounce following the nonfarm payroll data release on July 2, gaining 2.20% during the trading day.

According to the U.S. Bureau of Labor Statistics on July 2, April nonfarm payroll gains were revised down to 148,000 from 179,000, while May figures were cut to 129,000 from 172,000. The combined downward revision for both months totaled 74,000 jobs.

According to Goldman Sachs, on Thursday the bank stated that investor appetite for Magnificent Seven names has declined in favor of artificial intelligence beneficiaries, particularly semiconductor companies. Derivatives specialist Brian Garrett noted that markets are rewarding companies generating returns from AI investments while questioning those bearing heavy spending burdens. He attributed the shift to hyperscalers such as Google, Meta, Microsoft, and Amazon pouring hundreds of billions int