Gate Crypto Flash News and Market Updates

According to Serenity, on June 29, General Motors laid off approximately 1,000 employees and replaced some positions with about 50 robots. The company is also in discussions with Nvidia regarding factory robot collaboration, marking a significant step toward large-scale commercial deployment of automation technology in manufacturing.

According to CCTV News, Japan's Ministry of Defense has decided to introduce artificial intelligence systems for command and control, currently exploring the adoption of Palantir Technologies' Gotham AI system. The government is prioritizing the U.S. company's military AI platform as a key option, though officials are also considering combining it with domestically developed systems or eventually replacing it with a Japanese alternative to address calls for homegrown AI solutions.

According to ING analyst Francesco Pesole, if European Central Bank policymakers maintain a rate hike outlook at the ECB Forum in Sintra, Portugal from Monday to Wednesday, it could provide support for the euro. ING expects a further rate hike in September. Pesole stated that hawkish signals from ECB speakers this week should help limit euro weakness despite pressure from U.S. dollar strength. The euro rose 0.1% to 1.1399 on June 29. ING forecasts the euro will hold above 1.1300 and gradually re

Plus500 has launched CFTC-regulated sports event contracts through its proprietary futures trading platform, allowing U.S. retail customers to trade exchange-listed financial instruments covering the NFL, NBA and MLB. The offering lists contracts provided by Kalshi, enabling users to trade sports event outcomes under Commodity Futures Trading Commission oversight rather than through traditional sports betting. The expansion represents Plus500's latest step in diversifying beyond CFDs after enter

Spot gold declined below $4,030 per ounce intraday today, down 1.30% during the session. COMEX silver futures also retreated, falling over 3% to trade at $57.87 per ounce.

According to Iranian media, Iran's Deputy Foreign Minister Garibaaldi stated on June 29 that no technical work group meetings are scheduled for this week. While consultations with Qatar continue as planned, he noted that media reports of talks in Doha remain unconfirmed. The first round of technical negotiations under the designated framework will proceed once conditions are met and dates and venues are agreed upon, with mediation efforts ongoing.

According to Guru Club, Zhejiang Securities chief economist Li Chao outlined on June 29 an eight-character investment framework to guide 2026 strategy: 'silicon-based inflation, carbon-based deflation.' Speaking at the Guru Club mid-year strategy summit, Li emphasized that investors should focus on capturing price increases across the silicon-based supply chain, with gains from this sector expected to significantly outperform broader markets. By contrast, carbon-based assets face structural pres

According to JPMorgan Chase analyst Mislav Matejka, on June 29, the bank upgraded its yearend target for the Stoxx Europe 600 index from 630 to 680 points, implying approximately 7% upside from current levels. The new forecast now ranks as the highest among tracked forecasters, surpassing Barclays and HSBC's previous 670-point target set earlier this month.

According to OKX's official announcement, the exchange added 8 independent prize pools worth approximately 410,000 USDT across multiple assets on June 29, sponsored by 6 ecosystem partners including Zama, o1.exchange, Unibase, AIW3, OFC, and Gensyn. The first independent pool event, Brazil vs. Japan, opens on June 30 at 1:00 AM, allowing users to participate in match predictions and share in pool distributions based on outcomes.

According to Bangkok Post, on June 29, Thailand's central bank is advancing a 1:1 baht-backed stablecoin plan and expects to launch a public consultation on the proposal by year-end.

According to reports, Kiwoom Securities is seeking to acquire a stake in crypto exchange Bithumb on June 29, 2026. The move reflects a broader trend of Korean brokerage firms racing to secure positions in the crypto industry ahead of the Financial Supervisory Commission's regulatory reforms scheduled for July.

According to Saudi Arabia's Ministry of Foreign Affairs, the country strongly condemned the Israeli occupation authorities for continuing to commit flagrant violations of international law in the region. The recent incidents include the invasion of Syrian territory and the use of artillery to strike the Quneitra and Daraa provinces.

According to Shanghai Securities News, Lenovo has signed long-term supply agreements with Micron, Samsung, and SK Hynix for memory products.

According to the Financial Times, Google informed Meta around March this year that it cannot supply the full amount of Gemini model compute capacity Meta requires, disrupting and delaying multiple internal AI projects. The source cited three people familiar with the matter. To reduce reliance on external compute, Meta plans to invest $600 billion in U.S. data centers by 2028. The move comes as Google's cloud business faces severe supply constraints, with unfulfilled orders exceeding $460 billion

According to the Economic Times, USDT premium in India surged to 8.5% within the past week due to supply shortage. Local USDT traded at approximately 102.88 rupees on Saturday, compared to the interbank USD/INR rate of 94.65, up from the typical 3%-4% premium. India's Enforcement Directorate (ED) has been cracking down on entities facilitating cross-border USDT transfers for diaspora remittances and those bypassing bank channels. Many overseas Indians had been using USDT instead of wire transfer

According to PANews, Binance will launch RE/U, RE/USD1, XPL/U, and XPL/USD1 spot trading trading pairs on June 30 at 16:00 UTC+8. Trading bot services will be enabled for all four pairs.

According to Bloomberg, Blackstone-backed data center operator AirTrunk filed a real estate investment trust (REIT) initial public offering application in Singapore on June 29. The company is seeking to raise approximately $1.5 billion in the offering, which would become Singapore's largest IPO since 2017.

Samsung, SK Hynix, and the South Korean government announced Monday plans to invest $590 billion to build four chipmaking plants, aiming to double the country's DRAM production capacity within five years. Samsung and SK Hynix will each construct two plants for 800 trillion won ($518 billion), as part of the government's broader semiconductor initiative. Shares of both companies recovered losses from earlier trading, though the DRAM memory ETF fell 1.4% in U.S. premarket trading. Sentiment for DR

In a recent interview, Changpeng Zhao ruled out returning as Binance CEO, stating "I don't think they need me, but in the future... anything could happen." Zhao stepped down from the role in November 2023 following a settlement with U.S. authorities, in which Binance pleaded guilty to money-laundering and sanctions violations and agreed to pay $4.3 billion in penalties. Zhao personally pleaded guilty to a related charge and served four months in federal prison. Since his release, Zhao has pursue

The European Investment Bank (EIB) and Airbus have signed their first €1 billion loan agreement, marking the initial tranche of a €3 billion financing arrangement, the two institutions announced. The agreement is part of a broader €3 billion financing framework between the parties.