Gate Crypto Flash News and Market Updates

According to a CNBC interview on July 3, U.S. President Trump said Federal Reserve Chair Kevin Warsh faces a "somewhat hostile" board that may hinder his monetary policy goals. Trump stated he will not give Warsh any interest rate guidance, allowing him to "do what he should do." Meanwhile, White House senior advisor Kevin Hassett expressed confidence that Warsh can persuade colleagues to support rate cuts. The comments come after the June jobs report showed slowing employment growth and an unem

According to Bloomberg and Benzinga, on Wednesday, July 2, Meta Platforms announced plans to launch Meta Compute and sell idle AI computing resources to external developers. The news triggered stock declines for Nebius Group (NBIS-US) and CoreWeave (CRWV-US). LaDuc Trading founder Samantha LaDuc warned that Meta's strategic shift could trigger a "butterfly effect" across the technology supply chain, reshaping AI infrastructure investment logic. She noted that the move has already impacted optica

According to Yonhap Infomax, South Korea's government bond futures showed mixed movement in overnight trading on July 4 as U.S. bond markets remained closed for Independence Day. The 3-year contract closed at 103.97, up 1 tick from the previous session, while the 10-year contract fell 3 ticks to 106.22. Foreign investors and fund managers bought 3-year contracts, while retail traders sold. Trading volumes declined significantly, with 3-year contracts dropping to 212 from 281 and 10-year contract

According to iFeng Finance, Hang Seng Index night futures for July closed at 23,253 points on July 4, down 46 points or 0.197%, trading at a 97-point discount to the spot index. Open interest totaled 121,261 contracts.

According to Fitch Ratings, on July 3 the agency highlighted downside risks to its 2026 benchmark crude oil price assumption due to persisting Iran-related threats. A 60-day interim agreement was deemed fragile, and Israel's non-participation indicates ongoing Middle East conflict continues to pose threats to corporate issuers. The conflict may impact multiple industry sectors across six regions.

According to Alex Thorn, head of research at Galaxy Digital, Microstrategy should explore generating returns from its Bitcoin holdings through borrowing or options strategies rather than selling spot BTC, the company said on July 3. Thorn recommended that Microstrategy deploy a small portion of its 847,363 BTC in conservative lending or options strategies to generate income while preserving most of its upside exposure. Microstrategy has recently raised over $1 billion through common stock sales,

According to Guru Club, the U.S. Dollar Index fell 0.51% this week, marking its largest weekly decline since mid-April, as softer-than-expected June U.S. employment data prompted markets to lower expectations for Federal Reserve rate hikes. In the broader currency market, the euro climbed to $1.1440, gaining about 0.5% on the week, while sterling surged to $1.3352, up roughly 1.1% for its best performance in three months. The Japanese yen rebounded from near four-decade lows, pushing the dollar-

According to Guru Club, Shanghai crude oil futures closed down 0.16% overnight on July 4, settling at 438.3 yuan per barrel. Meanwhile, Shanghai gold futures rose 0.81% to 913 yuan per gram, and Shanghai silver futures gained 1.61% to 15,294 yuan per kilogram.

According to E-Daily reporting on Shinhan Investment Securities analysis, wind turbine manufacturer Vestas received 2.78 gigawatts (GW) in new orders during the second quarter of 2026, up 40% year-over-year. The company is expected to report adjusted operating profit of 184 million euros, a 223.2% increase from the prior year period, with operating margin at 4.2%. Vestas' first-half 2026 orders reached at least 7.5GW, significantly exceeding the first half of 2025's 5.1GW. U.S. orders recovered

According to Life Asset Management CEO Kang Dae-kwon in an interview published July 4, South Korea's KOSPI index will continue experiencing extreme volatility for the coming years. The executive noted that daily swings of 4-5% are likely to become routine as the market shifts from institutional and foreign investors to retail participants. With domestic stocks rising nearly 100% this year, institutional investors are reducing positions due to portfolio rebalancing mandates, while retail investor

According to the Financial Investment Association, South Korean investors' deposits in the stock market fell to ₩119.9 trillion as of July 2, marking the lowest level in 2.5 months. The decline, recorded for three consecutive days, has raised concerns about weakening purchasing power among retail investors who have been supporting domestic equity markets.

Israeli forces conducted strikes on Hezbollah infrastructure targets in southern Lebanon over the past two days, the Israel Defense Forces said on July 3. A separate attack by Israeli drones on the same day left 2 people wounded, according to Lebanese sources.

According to Barron's, Micron Technology stock fell 5.5% to $975.56 on July 2 (Thursday), despite President Trump's public praise calling it a 'great American company.' Trump posted on his social platform that Micron announced a $250 million investment into Trump Accounts, a tax-advantaged savings account for children under 18 set to launch on July 4. The decline reflects broader weakness in technology stocks experiencing profit-taking, with Micron up 240% year-to-date.

According to Shinhan Securities researcher Kim Chan-hee, foreign investors have net purchased 150,000 10-year Treasury futures contracts and net sold 210,000 3-year contracts year-to-date as of July 4, signaling possible curve flattening bets. The analyst noted that the diverging supply and demand directions in 3-year and 10-year futures this year likely reflect expectations of long-term interest rate stabilization after recent gains, coupled with near-term rate increases driving short-term rate

According to Iran's Acting Defense Minister Ebrahim Resa, in a call with Turkey's Defense Minister, Iran will respond to any violation of the U.S.-Iran memorandum of understanding. Resa stated that Iran accepted the ceasefire arrangement to help restore regional stability and to support friendly neighboring countries. Iran's armed forces remain on high alert and will address any breach of the agreement. Resa emphasized that the presence of foreign military forces in the region fails to create se

According to South Korea Stock Exchange, HYBE's stock fell 3.98% to 205,000 Korean won yesterday (July 3), extending losses since the group's March comeback. The stock has declined over 50% from its February peak of 404,500 won amid broader weakness in South Korean entertainment stocks. Securities analysts expect HYBE's second-quarter results to serve as a turnaround catalyst. Q2 operating profit is forecast at 144.5–152 billion won, marking record earnings. Meritz Securities projects revenue to

According to Korea Exchange, KIWOOM Asset Management launched the KOSDAQ150 Covered Call Active ETF on June 30, blending a 70% equity portfolio of KOSDAQ150 constituent stocks with 30% call option sales to generate monthly distributions. The strategy seeks to capture upside during rallies while building income from option premiums in volatile markets, with an annual fee of 0.63%. Investors should note that covered call strategies limit gains during sharp rallies, as sold call positions cap upsid

According to the World Meteorological Organization and CCTV, Europe recorded over 4,000 excess deaths from a heat wave on July 3. France alone has documented nearly 7,000 wildfires since the start of summer, exacerbated by drought and strong winds. The WMO warned that El Niño conditions may increase extreme weather risks in the coming months.

According to UBS research released on July 3, the Swiss bank raised storage chip price expectations for the second half of 2026. DDR contract prices are projected to increase 32% in Q3 (previously 17%) and 18% in Q4 (previously 12%). NAND is expected to rise 30% in Q3 and 12% in Q4, extending the strong pricing cycle into 2027.

South Korean crypto exchange Upbit said it is not participating in the issuance of Open USD, pushing back after its operator Dunamu was listed among more than 140 businesses involved in the new dollar-backed stablecoin project announced Tuesday. An Upbit spokesperson said the exchange has only indicated potential willingness to consider future participation in the broader OpenStandard ecosystem. Samsung Electronics and other South Korean companies named in the announcement have similarly clarifi