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
19:37

Gold Hits $4,187, Silver Surges 7% to $62, Narrowing Gold-to-Silver Ratio to 66.9 on July 3-4

On July 3, gold climbed to $4,187 per ounce, extending gains to roughly 2.1% from June 30 lows near $4,012. Silver surged 7% to over $62, outpacing gold's advance and tightening the gold-to-silver ratio to 66.9. The rebound followed weak U.S. jobs data released on July 3, which showed nonfarm payrolls rose just 57,000 in June versus economist forecasts of 110,000. Traders cut the probability of a September Federal Reserve rate hike from around 66% to 53-54%, according to the CME Fedwatch Tool, a
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19:32

Major County Sheriffs Drop Opposition to CLARITY Act After Section 604 Concerns Addressed

According to the Major County Sheriffs of America, the organization shifted to a neutral position on the CLARITY Act on Friday after the Senate Banking Committee addressed its concerns over Section 604. The group had warned in a May 14 letter that the provision, which protects developers from liability for user activity on decentralized platforms, could create loopholes for crypto-related crimes. MCSA President Bob Gualtieri said the group still seeks amendments to include state law enforcement
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18:45

Putin Pursues Attrition Strategy Against Ukraine, Says U.S. Military Analyst

According to Jin10, U.S. Marine Corps veteran and geopolitical analyst Brian Berletic said on July 5 that Russia can maintain continuous pressure on Ukraine and Western supporters through its industrial capacity and large trained military forces. Berletic argued that Russia's strikes against military equipment, infrastructure, and dual-use facilities are depleting Ukrainian forces faster than Ukraine and its Western allies can replenish troops, equipment, and ammunition. The analyst noted that W
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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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