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.
2026-07-04
18:38

Brazil Finance Minister States Government Credit Measures Won't Weaken Monetary Policy

According to Jin10 data, Brazil's Finance Minister Guido Mantega stated on July 5 that the credit measures introduced by President Luiz Inácio Lula's government will not weaken monetary policy. Mantega said the measures represent targeted sectoral support and did not impede the Brazilian Central Bank from implementing larger rate cuts in its recent monetary policy meeting. The government also launched a new credit and debt restructuring plan to support informal workers.
18:02

LIT Surges 27% in Past Week After Robinhood Adds Perpetual Futures Support

According to Robinhood's announcement on July 1, the derivatives trading platform Lighter's native token LIT surged 27.44% over the past week, trading at 3,175 Korean won (as of July 3 at 10 a.m. KST) following the company's commitment to enable perpetual futures trading for Robinhood wallet users in select regions.
18:02

South Korea's Five Major Crypto Exchanges' Trading Volume Falls 24% in a Month, Down for Four Consecutive Weeks

According to Digital Asset analysis, South Korea's five major crypto exchanges' (Upbit, Bithumb, Coinone, Cobit, and Gopax) weekly trading volume fell to 13.4 trillion won in the week ending July 3, down 7.77% from the previous week. The decline marks the fourth consecutive week of drops, with trading volume sliding from 17.7 trillion won in early June, representing a 24.3% monthly decrease. Upbit maintained the largest market share at 66.96%, up 2.47 percentage points week-over-week, while Bith
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17:54

Russia Claims to Intercept 500+ Ukrainian Air Targets Overnight, Vows Retaliation

According to the Russian Ministry of Defense, on July 4, Ukrainian forces launched a combined air strike on Russian territory using cruise missiles, rockets, and drones. The statement claims Russian air defense systems intercepted over 500 air targets, including 10 cruise missiles and 9 rockets. The ministry added that appropriate retaliatory measures will be taken in response.
17:42

Zcash Climbs 13% in a Week as Network Targets July 21 Ironwood Upgrade

ZEC traded at $462.33 on July 4, up 13.3% over the past seven days and more than 1,000% over the past year. The price surge follows Zcash's announcement of the Ironwood upgrade, scheduled for mainnet activation on July 21, which will seal the legacy Orchard shielded pool after a soundness flaw was discovered in May. The upgrade restores full functionality to Orchard following a temporary rollout restriction in early June and closes remaining uncertainty about potential counterfeiting through for
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17:15

Iran Dismantles Four Terrorist Organizations Linked to U.S. and Israel on July 5

According to Jin10, Iran's Intelligence Ministry, in coordination with the Islamic Revolutionary Guard Corps and police, dismantled four terrorist and separatist organizations linked to U.S. and Israeli intelligence agencies on July 5. Operations were conducted across five cities including Zahedan, Chabahar, Iranshahr, Hash, and Taftan.
17:02

Bitcoin Exchange Deposits Spike to 50,000 BTC Per Day as Analysts Warn of Volatility Risk

According to CryptoQuant, Bitcoin deposits to centralized exchanges surged to nearly 50,000 BTC per day in the last week as BTC declined below $60,000. The average deposit size approximately doubled to 2 BTC, indicating the spike is being driven by whales and institutional investors rather than retail traders. Historically, this level of exchange deposits has preceded significant price volatility. If Bitcoin breaks below the $60,000 support level, it could potentially fall toward $53,000, accord
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16:50

Aave's Monad Market Tops $100M in Deposits Two Days After Launch

According to TokenLogic, Aave's newly launched Monad market surpassed $100 million in deposits on Saturday morning (July 2), roughly two days after the lending protocol went live on Thursday. Deposits hit $75 million within the first 24 hours. The V3.7 deployment supports 12 assets including USDT, USDC, GHO, WETH, and cbBTC. The Monad Foundation committed $15 million in incentives over 12 months and agreed to hold 10 million GHO, while the Aave DAO pledged 500,000 GHO to support stablecoin adopt
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16:42

Bitcoin Lawsuit Faces Major Test as First Wallet Holder Files Motion to Dismiss

According to Bitcoin.com News, on June 30, John Doe 33, identifying himself as the holder of a wallet named in the $293 billion Noah Doe bitcoin lawsuit, filed a motion to dismiss the case in New York Supreme Court. His appearance marks the first time an actual wallet owner has directly contested the litigation, which claims ownership of approximately 3.8 million BTC across 39,069 dormant addresses. On July 2, 500 BTC moved from wallet No. 881 named in the complaint, the latest in a series of tr
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