Gate Crypto Flash News and Market Updates

According to Oman's Ministry of Foreign Affairs, Oman and Iran's joint working group held its first meeting on June 29 in Muscat to discuss governance of the Strait of Hormuz. The two sides exchanged views on strengthening coordination and explored how to enhance cooperation while respecting both nations' sovereignty and common interests, reaffirming commitment to international law. The meeting also covered a framework for maritime and shipping services cooperation between the two Strait nations

According to NY Federal Reserve data, SOFR (Secured Overnight Financing Rate) fell to 3.62% on June 26, down from 3.64% the previous day. The effective federal funds rate held steady at 3.63% on the same date.

According to Wood Mackenzie, the Trump administration's policies on renewable energy licensing delays have threatened over $121 billion in renewable energy investments as of Monday. The report assessed early-stage wind, solar, and energy storage projects facing investment risk due to approval delays. The licensing slowdown is reducing development capacity needed to meet growing electricity demand.

According to Coinglass data, if BTC falls below $56,539, the cumulative long liquidation strength across major CEXs would reach $1.388 billion. Conversely, if BTC breaks above $62,404, the cumulative short liquidation strength across major CEXs would reach $1.123 billion.

According to Bitget data reported by BlockBeats, optical communications and storage stocks extended declines following U.S. market open on June 29, with SNDK down 7.88%, COHR down 7.77%, Micron down 6.43%, LITE down 5.85%, and MRVL down 4.11%. Meanwhile, smaller-cap names showed relative resilience, with NBIS gaining over 6% intraday and ALAB rising 3%.

According to Rabobank analyst Jane Foley, the euro may struggle to rebound without significant improvement in eurozone economic activity data, as reported by Jin10 on June 29. Foley noted that market sentiment toward the euro has shifted considerably, with geopolitical tensions dampening growth prospects. She indicated that traders would find it difficult to regain optimism unless eurozone data shows substantial recovery. In contrast, the U.S. dollar is expected to continue gaining support from

According to The Information, U.S. Senator Mark Warner plans to introduce a legislative draft focused on AI Agent regulation on Monday, June 29. The proposal marks a shift in regulatory focus toward autonomous intelligent systems, which are increasingly used in customer service, task automation, and online services.

According to an X post on June 27, Cathie Wood, CEO of ARK Invest, dismissed billionaire Philippe Laffont's concerns about Bitcoin, arguing that capital outflows from less stable countries will "light another fire" under Bitcoin and other digital assets. Wood stated that while artificial intelligence has captured significant investment attention, it cannot serve as the "insurance policy" that many seek to protect wealth. She emphasized Bitcoin's role as a store of value amid geopolitical and eco

According to Jin10, the USD/JPY exchange rate surged to 161.95 on June 29, marking its highest level since December 1986. The pair rose 0.1% during the session, breaking through its previous resistance level.

According to a joint statement, French shipping giant CMA CGM and Oman's Asyad Group have signed a framework agreement to develop and operate a $400 million multipurpose logistics terminal at Sohar Port. The agreement was signed during a recent visit by Oman's Sultan Haitham bin Tariq to France. Sohar Port has emerged as a key alternative trade route in the Gulf region.

LME aluminum futures fell to 3,104 dollars per ton, marking the lowest intraday level since February 25, with losses of 2% currently.

According to reports from Kyodo News and Nikkei, Prime Minister Takaichi Sanae instructed on June 29, 2026, the government to begin rare earth mining and testing operations off Minami-Tori Island in Tokyo's Ogasawara region by fiscal 2027. The project aims to reach a production scale of at least 350 tons per day of rare earth-containing clay sediment at depths of approximately 5,600 meters. The Japanese government plans to allocate 900 billion yen (approximately $5.9 billion USD) toward rare ear

According to Punchbowl, U.S. Secretary of State Marco Rubio and White House Special Envoy Steve Witkoff will brief both the House and Senate on Iran developments today.

According to Glassnode's weekly market summary on June 29, Bitcoin stabilized near $60,000, but market sentiment remains defensive. Spot markets are consolidating with persistent net outflows, while liquidity is primarily used for distribution rather than accumulation. U.S. spot ETFs have turned to unrealized losses overall and continue experiencing net outflows as institutional investors decline to add positions. Derivatives markets show ongoing deleveraging, with traders favoring downside hedg

According to Angela Wilkinson, secretary general and CEO of the World Energy Council, global energy system leaders face a greater challenge than the energy transition speed itself: increasing geopolitical fragmentation. In a recent interview, Wilkinson stated that the real bottleneck lies in infrastructure such as power grids and energy storage systems, alongside trust, expertise, and institutional development, rather than technology itself.

Samsung Electronics, SK Hynix, and Micron Technology were recently sued in the U.S. District Court for the Northern District of California in a class action antitrust case (3:26-cv-06345). Plaintiffs allege the three companies collectively control over 90 percent of the DRAM market and conspired to restrict production capacity and manipulate prices, orchestrating what they call "RAMpocalypse." According to the complaint, DRAM prices have surged approximately 700 percent over the past four years.

According to the World Gold Council's 2026 Central Bank Gold Reserves Survey released this week, 89% of 76 surveyed central bank participants expect total global central bank gold reserves to increase over the next 12 months, while 45% indicated their own institution will add to reserves. The unanimous positive sentiment underscores growing central bank appetite for gold despite the metal trading down 3.77% for the week.

Low sulfur fuel oil (LU) futures main contract rose 2.00% intraday today, reaching 3,921 yuan per ton.

According to the China Maritime Safety Administration, on June 29, the Dalian Maritime Safety Administration issued a navigation warning prohibiting vessels from entering designated areas of the northern Yellow Sea on June 30 between 07:00 and 12:00 local time due to military exercises.

According to Jin10, UBS raised Marvell Technology's (MRVL.O) price target to $340 from $230, representing a 48% increase.