Gate Crypto Flash News and Market Updates

According to StockTwits, U.S. stock futures climbed higher late Sunday as investors awaited the Federal Reserve's June meeting minutes, set to be released on Wednesday. Nasdaq 100 futures jumped 1.33%, S&P 500 futures rose 0.53%, while Dow futures were up 0.15%. Markets are pricing in a 78.1% probability of rates holding steady in July, according to CME FedWatch tool data, as Fed Chair Kevin Warsh has refrained from signaling the central bank's policy direction following softer-than-expected Jun

According to Quiver Quantitative, MassMutual Private Wealth & Trust opened a small 24-share Sellas Life Sciences (SLS) position valued at $354.24 as of June 30, reported on July 2. The stake comes as SLS investors await the Phase 3 Regal trial readout for galinpepimut-S in acute myeloid leukemia. The trial has reached 78 of 80 events required to trigger final analysis. SLS stock rose 21% last week, with CEO Angelos Stergiou's Fourth of July LinkedIn post mentioning "strategic partners" fueling f

According to The Australian Financial Review, IREN Ltd. shares rose 5% in overnight trading on Sunday after Anthropic privately tendered for 1.4 gigawatts of cloud capacity from Australian data centers. Anthropic's request for proposals, which was reviewed by AFR, was sent to CDC Data Centers, AirTrunk, NextDC, IREN, and Stack, among others. The AI startup is expected to make a final decision within six weeks, with potential to split the contract into four or five smaller deals rather than selec

According to Korean media, Samsung Electronics and SK Hynix are reassessing the timeline for introducing hybrid bonding technology in next-generation high-bandwidth memory (HBM). The potential delay stems from reduced demand for thickness reduction and thermal performance improvements in HBM applications. Both companies are separately developing alternative thermal solutions—HPB and iHBM—planned for integration in HBM5 products. Industry analysts note that hybrid bonding is expected to remain a

According to Korean media reports, Samsung Electronics' operating profit for 2026 is estimated at approximately $200 billion (300 trillion Korean won), the company's Device Solutions division head Kim Yong-kwan stated on July 3. This year's profit alone is projected to exceed the cumulative operating profits Samsung generated during its 40 years in the semiconductor business, Korean securities firms said.

According to Jin10, Goldman Sachs on July 6 downgraded its one-year forecast for the Japanese yen to 165 per US dollar, down from its previous prediction of 155, positioning the bank as one of the most bearish on the currency. Data shows hedge fund short positions on the yen reached their highest level since 2017 last month, with the market pricing a 72% probability that the dollar-yen rate will hit 165 by June 2027. Goldman Sachs also raised its three-month and six-month forecasts to 162 and 16

According to Jin10 Data, offshore Chinese yuan Hong Kong interbank offered rates (CNH HIBOR) declined on Monday, July 6. The one-year HIBOR dropped to 1.73333%, marking the lowest level since June 23, while overnight HIBOR fell 4 basis points to 1.43303%.

According to the Financial Services Commission and Korea Exchange on July 6, spin-off subsidiaries of listed companies must obtain parent company shareholder approval to pursue IPO amid stricter rules on cross-listing. Under the new guidelines, shareholder consent requires approval from more than half of voting shares cast and at least 25% of total issued shares. Shareholders holding over 3% have their excess shares excluded from voting calculations. The parent board must conduct shareholder imp

According to Jin10 and Mysteel research, Mongolia's three major border ports will shut down for five days (July 11-15) during the traditional Naadam Festival, reopening on July 16. As some Mongolian drivers have taken early leave, Ganqimaodu port's vehicle throughput is expected to decline gradually to below 600 units this week. Ganqimaodu port's regulatory zone inventory stands at 4.3491 million tons, with forecasts predicting a decline to approximately 3.3 million tons following the Naadam clo

According to industry sources on June 6, Intel and AMD are experiencing extended lead times amid surging CPU demand driven by artificial intelligence adoption. Intel's delivery cycle has stretched to as long as six months due to order backlogs, while AMD's certain products face eight- to ten-week delays. The companies' stock prices have climbed significantly, with Intel rising over 480% in the past year. Enterprise data center operators are increasingly entering long-term supply agreements to se

According to BlockBeats, LIT (Lighter) surged to $2.7 on July 6, rebounding 2.5 times from its low of $0.77 and rising 22% in the past 24 hours, following the token's major economic model adjustment announced recently. The protocol revealed that future token buybacks through trading platform revenue will shift from repurchases to permanent burning, with approximately 15.5 million previously purchased LIT tokens set for immediate burn, representing 6.3% of circulating supply. The new mechanism is

According to Hideyuki Ishiguro, chief strategist at Nomura Asset Management, global chip stocks have fallen due to concerns over memory market supply-demand dynamics and leveraged ETF profit-taking. The recent selloff reflects short-term investor sentiment fluctuations tied to supply-demand conditions. However, Ishiguro noted that chipmakers retain upside momentum from AI-related earnings growth and expanding free cash flows, with the mid-term uptrend expected to persist as fundamentals remain s

According to Zhitong Finance, on July 6, Youjia Innovation (02431) unveiled the "Combo" end-to-end autonomous logistics solution, featuring a four-legged wheeled robot developed by its subsidiary Yaoxing Power. The system combines autonomous driving with physical AI to link warehouse-to-doorstep delivery, addressing the industry's "last-mile" challenge. The four-legged robot features 30kg maximum payload capacity, can traverse 30cm stairs and climb 80cm single-step obstacles, with up to 2-hour b

According to Jin10, on July 6, gold jewelry prices in China rose approximately 7 yuan per gram compared to the previous Friday. Most domestic brands are currently quoting pure gold jewelry in the 1260–1269 yuan per gram range.

According to Hong Kong Stock Exchange disclosure, Shanghai Rui Touch Robot has filed for main board listing with exclusive sponsor China Everbright Securities International, recently. The company achieved a post-money valuation of RMB 3.07 billion following its Series B funding round completed in September 2025. The company's core product RC120 percutaneous puncture surgical robot obtained third-category medical device approval in 2024 and has been deployed in 39 hospitals nationwide as of late

According to Wood Mackenzie, reported by Oilprice.com on July 6, U.S. natural gas prices are expected to rise to $5 per MMBtu by 2035, ending a decade of low-cost supply. AI data center construction and expanded LNG export infrastructure will drive stronger demand. The Henry Hub benchmark price has remained between $2 and $4 per MMBtu over the past 10 years. However, Wood Mackenzie noted that major shale gas fields have been largely developed and upstream gas production will decline as oil drill

According to the Hong Kong Securities and Futures Professionals Association, regulators met with the association on July 3 to discuss virtual asset policies, licensing, operating costs, and the Cryptocurrency Virtual Assets Professional (CVAP) examination. The association raised concerns over CVAP exam authorization and procedural transparency. In response, the Securities and Futures Commission confirmed plans to separate the curriculum from the exam and reduce examination fees.

According to Robin Brooks, a researcher at the Brookings Institution, the Federal Reserve is unlikely to meaningfully reduce its balance sheet, even as new Fed Chair Kevin Walsh has pledged to pursue quantitative tightening. In a Substack post on July 5, Brooks stated that "the Fed has no way to shrink its balance sheet without long-term Treasury yields rising," and that "the possibility of the Fed meaningfully reducing its balance sheet is slim." The Fed's balance sheet stands at approximately

According to industry reports, the Open Standard consortium launched Open USD (OUSD) stablecoin on June 30, backed by over 140 global financial and tech companies including Visa, Mastercard, Google, IBM, Coinbase, and Solana. OUSD differs from USDC and USDT by sharing reserve asset yield with participating members and eliminating transaction fees. Circle's stock price dropped 17.5% following the announcement, reaching four-month lows, as investors expressed concern that OUSD's revenue-sharing mo

According to Dunamu, the operator of South Korea's Upbit exchange, concluded the Upclass Ambassador Program's first cohort on July 3 at UP Space in Seoul's Yeoksam district. The 12 selected ambassadors, chosen through document review, knowledge assessments, and interviews, generated over 100 content pieces during the three-month program, accumulating approximately 70,000 views. Two top-performing ambassadors received certificates and Bitcoin rewards worth approximately 300,000 won each based on