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.
2026-07-02
13:12

Analyst Bluntz Says Bitcoin Approaching 'Turning North' as BTC Flashes Bullish Divergence at $60,072

According to analyst Bluntz, Bitcoin is flashing bullish signals as of July 2, with the pseudonymous trader noting that BTC is showing bullish divergence on the four-hour chart while existing in weekly bull divergence territory. Bitcoin is trading at $60,072, up 2.1% on the day. The analyst, known for timely crypto calls, also turned bullish on Solana (SOL), citing weekly bullish divergence, while stating that stablecoin giant Circle (CRCL) appears to be completing a bottom formation. SOL is tra
More
13:12

Ripple President Long Outlines Plan to Position XRPL as Leading Institutional Blockchain, Eyes 140+ Firm OpenUSD Initiative

According to Ripple President Monica Long, the company aims to establish the XRP Ledger (XRPL) as the leading blockchain for institutional payments while expanding global adoption of XRP and RLUSD. Long's remarks came after Ripple joined more than 140 financial and technology firms backing the launch of OpenUSD (OUSD), a consortium-governed stablecoin project designed to create a more connected and efficient global payments ecosystem. Long emphasized that the future of global payments will be mu
More
13:10

Anchorage Digital Integrates Lido, Launches Institutional wstETH Access

According to ChainCatcher, crypto bank Anchorage Digital announced the integration of Ethereum's largest liquid staking protocol Lido, providing institutional clients with direct access to wstETH. Institutional users can mint and burn wstETH while earning Ethereum staking rewards, alongside Anchorage's custody and governance compliance framework.
13:09

China's Vice Premier Liu Guozhong Meets Belarus First Deputy PM on July 2

According to Xinhua News Agency, China's Vice Premier Liu Guozhong met with Belarus's First Deputy Prime Minister Snopcov on July 2 in Beijing. Liu stated that both sides should implement the important consensus reached by their leaders and leverage bilateral cooperation mechanisms to deepen mutually beneficial cooperation.
13:07

Tesla Delivers 480,126 Vehicles in Q2, Up 25% YoY and Beats Estimates

Tesla delivered 480,126 vehicles in the second quarter, up 25% year-over-year and exceeding analyst estimates of 396,466 units. Model 3 and Model Y deliveries reached 467,762 units, also up 25% YoY versus estimates of 380,699 units. The company's stock rose over 2% in premarket trading following the announcement.
13:07

New York Times: China's AI Development Vision Prioritizes Human-Centered Approach

According to The New York Times, columnist Catherine Boehling recently published an article comparing China and the U.S. AI development strategies. The piece notes that while the U.S. allows companies to pursue profit-driven interests, China emphasizes a human-centered approach to AI, focusing on boosting human productivity through artificial intelligence.
13:03

Hyperliquid Whales Hold $4.693B in Positions with 0.94 Long-to-Short Ratio as of July 2

According to Coinglass data, Hyperliquid whales currently hold $4.693 billion in positions as of July 2, with a long-to-short ratio of 0.94. Long positions account for $2.275 billion (48.48%) while short positions total $2.418 billion (51.52%). Long positions are showing unrealized losses of $96.28 million, while short positions show unrealized losses of $21.00 million.
13:01

U.S. Stock Index Futures Surge Following June Jobs Data; Nasdaq 100 Futures Up 0.71%

According to MSX.COM data, U.S. stock index futures rallied on July 2 following June nonfarm payroll data release, with Nasdaq 100 futures up 0.71%, S&P 500 futures up 0.39%, and Dow futures up 0.36%. In premarket trading, semiconductor stocks gained broadly: Nvidia rose 0.5%, while ASML, AMD, and TSMC each climbed 2%; Intel and Micron Technology gained over 3%.
12:58

Spot Gold Reaches $4,100/oz as ISM Manufacturing PMI Falls to 53.3 in June

According to Kitco News, the U.S. Manufacturing Purchasing Managers Index fell to 53.3 in June, down from 54 in May and below consensus expectations of 54, as reported by the Institute for Supply Management on Wednesday. The headline number indicates manufacturing activity remained in expansion but at a slower pace. Spot gold shot to a session high of $4,108.20 just before the index release and last traded at $4,094.56 per ounce, up 2.17% on the day. The decline in the New Orders and Production
More
12:55

ETF Market Sees $191B Net Inflows in June, Second-Highest Monthly Record

According to Bloomberg analyst Eric Balchunas, the ETF market recorded net inflows of $191 billion in June, marking the second-highest monthly inflow on record. Average daily inflows reached approximately $9 billion, distributed across roughly 2,700 different funds during the period.
12:50

Palantir Upgraded to 'Buy' by DA Davidson; Price Target Hiked to $175 for 39% Upside on Thursday

According to DA Davidson via TheFly, the firm upgraded Palantir (PLTR) to 'Buy' from 'Neutral' on Thursday premarket, with a price target increased to $175 from $165—representing 39% upside potential. The analyst argued that Palantir has 'grown into its valuation' as profits have risen significantly and the company positioned itself as a platform for orchestrating AI models, mitigating competitive threats from OpenAI and Anthropic. PLTR was trading up over 3% premarket at the time of reporting.
12:50

AutoCamp Raises $1.2M in Crowdfunding Round in 30 Days Before July 4 Weekend

According to CNBC, high-end camping company AutoCamp completed a $1.2 million crowdfunding raise in less than 30 days this month through the DealMaker platform, with 353 investors—many of them past guests—participating. The company reported room revenue up 20% year-over-year and 90% occupancy across its nine U.S. locations heading into the Fourth of July weekend, with average daily rates up 15%. Investors in the crowdfunding round gain equity stakes alongside special perks, such as booking disco
More
12:49

Ondo Finance Launches Ethereum-Based Tokenized Securities Solution with Broadridge Partnership

According to ChainCatcher, Ondo Finance announced today the launch of a third-party custodial tokenized securities solution operating within current U.S. regulatory frameworks, in partnership with Broadridge Financial Solutions. Under the mechanism, underlying stock assets remain in the traditional U.S. regulated custody system. Ondo's registered transfer agent mints tokens on a 1:1 basis and issues them on Ethereum, while a compliant custodian holds the backing assets. Broadridge will provide f
More
12:45

ETH Global Futures Positions Rise 5.15% in 24 Hours to $23.02 Billion

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.
12:44

Rivian Raises 2026 Delivery Outlook to 65,000-70,000 Vehicles After Strong Q2

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
More