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.
2026-07-06
03:00

BM Wallet Launches Prediction Market Feature With Polymarket Integration, World Cup Focus

According to BM Wallet, the self-custodial Web3 wallet has launched its prediction market feature, allowing users to participate in real-world event forecasts directly within the wallet using stablecoins, with assets remaining in users' control and private keys retained. The feature integrates Polymarket and accesses its deep liquidity. The initial offering focuses on World Cup events while covering cryptocurrency and political predictions.
03:00

Binance Adjusts Minimum Price Precision for 12 USD-Margined Perpetual Pairs on July 7-8

According to Binance's official announcement, the exchange will adjust the minimum price precision (TickSize) for 12 USD-margined perpetual contracts on July 7-8, 2026. The affected pairs include GUAUSDT, YBUSDT, BIGTIMEUSDT, FILUSDC, PUNDIXUSDT, SYNUSDT, FILUSDT, MANAUSDT, QTUMUSDT, 1INCHUSDT, IOSTUSDT, and STORJUSDT. Trading functions for some contracts will be suspended for approximately 1 minute during the adjustment period.
03:00

14 of 18 South Korean IPO Companies Trading Below IPO Prices This Year

According to Korea Exchange data, 14 of the 18 companies listed this year in South Korea are trading below their IPO prices, as market uncertainty and shifting investor sentiment weigh on newly listed firms. Technology and fashion sector stocks have led the decline, with analysts attributing the pullback to overpriced IPOs and rapid exit of short-term speculative capital post-listing. Domestic liquidity remains concentrated in large-cap artificial intelligence and semiconductor stocks, limiting
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02:56

Ill Bloom Wallet Vulnerability Exploited to Drain $5M Across Bitcoin, Ethereum, Solana on July 6

According to Coinspect Security, a wallet generation vulnerability named "Ill Bloom" was exploited to control affected wallets and steal funds on July 6. The flaw has impacted wallets across multiple blockchains since 2018, with affected wallets still being generated in recent weeks. Coinspect disclosed that approximately $3 million was stolen from hundreds of accounts on May 27, with an additional $2 million transferred from exposed wallets in the past hours. Thousands of accounts remain at ris
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02:53

Multiple Tokens Including HYPE, PUMP, and APT Unlock Billions This Week, HYPE Already Releases $30.9M

According to Token Unlocks data, several major tokens are unlocking significant amounts this week. Hyperliquid (HYPE) already released approximately 452,000 tokens valued at $30.9 million on July 6. Pump.fun (PUMP) will unlock approximately 82.5 billion tokens worth $125 million on July 12 at 10 p.m., while Aptos (APT) will unlock about 11.31 million tokens valued at $6.9 million on the same day. Other projects including RedStone (RED), Movement (MOVE), Linea (LINEA), and io.net (IO) are also sc
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02:51

U.S. Crypto Wallets Trade $571 Million on Polymarket Political Markets in 12 Months

According to a Coin Desk report citing Allium, U.S.-connected crypto wallets traded $571 million on Polymarket's political prediction markets over the past 12 months through July 5, making them the largest single-country user group, surpassing Hong Kong's $422 million. Among U.S. investors' trading volume, geopolitical-related bets accounted for 46%, compared to 36% platform-wide, while election-related trades comprised 16% of U.S. activity versus 32% overall—indicating American investors bet ap
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02:51

S&P 500 Futures Rise 0.44% on July 6 Amid Semiconductor Sector Weakness

According to Yonhapinfomax, on July 6, U.S. equity index futures advanced despite semiconductor sector adjustments. E-mini S&P 500 futures traded at 7,562.25, up 0.44%, while E-mini Nasdaq 100 rose 1.11% to 29,885.00. The gains followed a week in which major U.S. indices posted gains: the Dow Jones Industrial Average reached a record high with a 2% weekly increase, while the S&P 500 and Nasdaq Composite each climbed 1.8% and 2.1% respectively. The Semiconductor ETF (SMH) fell 3.2% during the sam
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02:49

SpaceX Joins Nasdaq-100 Index; Estimated $220-270 Billion in Mechanical Buying Expected on July 7

According to Korean Economic TV, SpaceX was officially added to the Nasdaq-100 index on July 7 with the market open, less than a month after its June 12 IPO. The Nasdaq-100 comprises the 100 largest non-financial companies listed on Nasdaq, including Nvidia, Apple, and Amazon. Estimated mechanical buying demand from Nasdaq-100 and Russell 1000 tracking funds is projected to reach $220-270 billion, according to JPMorgan estimates cited by ETF.com. Invesco QQQ, a major Nasdaq-100 ETF with $500 bil
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02:48

Japan's 10-Year Government Bond Yield Hits 2.79% for Sixth Consecutive Session, Near 30-Year High

According to Jin10, Japan's 10-year government bond yield rose to 2.79% on July 6, marking its sixth consecutive day of gains and approaching Friday's intraday peak of 2.81%. This level is the highest since October 1996. The sustained rally over the past month, particularly in longer-dated bonds, has been driven by inflation concerns stemming from energy shocks, yen weakness, and worries about rising government spending. Koji Miyajima, senior economist at Sony Financial Group, noted that "market
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02:45

Gao Tong Haitong Strategist Says Chinese Stock Market Remains in Bullish Window

According to Gao Tong Haitong chief strategist Fang Yi, reported by Jin10 on July 6, the Chinese stock market remains in a favorable window for long positions. Fang noted that while markets experienced minor fluctuations in recent days, this does not warrant concern. U.S. core inflation remains flat, and international crude oil has retreated to $60–$70 per barrel, suggesting U.S. inflation data will decline visibly in July and August, reducing headwinds for rate cuts and shifting market focus aw
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02:44

USD/KRW Climbs to 1,533.90 on July 6, Up 8.30 Won Amid Bargain Buying

According to Yonhapinfomax, the Korean won weakened against the US dollar on July 6 morning, trading at 1,533.90 at 9:23 a.m. KST, up 8.30 won from the previous close. The rally was driven by bargain-hunting inflows following a sharp decline on July 3, combined with the Japanese yen's weakness as Tokyo authorities did not intervene.
02:38

Bitcoin Whales Accumulate 270,000 BTC Worth $16.7B Over Two Weeks as U.S. ETF Sees Record Outflows

According to on-chain data, Bitcoin whales have accumulated over 270,000 BTC (approximately $16.7 billion) in the past two weeks amid record outflows from U.S. spot Bitcoin ETFs. This divergence reflects a structural shift in market dynamics: while institutional capital retreats, long-term holders and whale wallets continue to accumulate, mirroring capital reallocation patterns typically seen at cycle bottoms. Despite negative spot premiums indicating weak on-chain buying pressure, large-wallet
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02:37

Jensen Huang Returns to South Korea Eight Months After First Visit, Signaling AI Data Center Push

According to Herald Business, Nvidia CEO Jensen Huang returned to South Korea in early July 2026, roughly eight months after his previous visit in October 2025. The revisit underscores Nvidia's strategic focus on South Korea as a key partner in building AI infrastructure ecosystem beyond GPU sales. Huang's latest visit centered on data center infrastructure collaboration rather than robotics, as AI infrastructure competition has expanded globally to encompass power supply, cooling systems, netwo
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02:37

Esports World Cup 2026 Launches in Paris July 6 with $75M Prize Pool, Global Audience Tops 640 Million

According to Bitcoin.com News, the Esports World Cup 2026 launched in Paris on July 6 and runs through August 23, featuring a $75 million prize pool across 25 tournaments in 24 games with over 2,000 players and 200 clubs from more than 100 countries competing. The global esports audience reached 640.8 million people in 2025, comprising 318.1 million core enthusiasts and 322.7 million occasional viewers, according to data from Quantumrun and Newzoo, marking an 8.1% annual growth rate for the enth
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