Gate Crypto Flash News and Market Updates

According to Syria's official news agency, French President Emmanuel Macron arrived in Syria today, marking the first visit by an EU head of state since Assad's regime fell.

According to official statements, Strategy sold 3,588 BTC on July 5 for approximately $216 million to fund quarterly dividends on preferred shares, reducing its bitcoin holdings to 843,775 BTC. Meanwhile, Bitmine announced it acquired 42,197 ETH during the past week, bringing total holdings to 5,742,237 ETH (4.8% of ethereum's circulating supply) and total crypto and cash assets to $11.1 billion. Bitmine Chairman Tom Lee stated the company is staking approximately 4,879,157 ETH, valued at $8.8 b

According to the governor of Yaroslavl Oblast, Russian forces repelled the largest Ukrainian attack on the region's oil refinery on Monday.

According to Visa blockchain data, USDC accounted for approximately 70% of adjusted stablecoin trading volume in the first half of 2026, widening its lead over Tether's USDT at 25%. In June alone, adjusted stablecoin trading volume hit a record $1.79 trillion, up 63% from May and 125% year-over-year. Visa's adjusted figures exclude bot activity, platform transfers, and other blockchain transactions that do not reflect genuine economic activity.

Germany's 10-year government bond yield rose 1.3 basis points to 2.948% during European market close on Monday, July 6, trading between 2.916% and 2.949% after opening lower and fluctuating higher throughout the session. France's 10-year yield increased 1.0 basis point to 3.735%, while Italy's rose 1.1 basis points to 3.718%. Spain's 10-year yield gained 0.8 basis points to 3.429%, and Greece's climbed 0.7 basis points to 3.625%.

According to CryptoQuant, Bitcoin is currently trading around $62,700 after recovering from last week's lows below $58,000, as ETF inflows improved market sentiment. The analysis firm stated that BTC requires more than $1 trillion in new capital to support its next major surge, citing declining capital efficiency across bull cycles. Historical data showed that $2.8 billion in inflows during 2011 resulted in a 55,000% price increase, while $69 billion in 2015 led to a 10,000% gain; the current cy

According to the Israeli Defense Forces, Israeli forces killed Fadi Farah Ashour Daghmash, commander of Hamas's military training department, in an airstrike on the northern Gaza Strip early on July 6. The military said Daghmash had overseen multiple training operations, including preparations of Hamas's elite Nukhba unit before the October 7, 2023 attack, and had participated in directing operations against Israeli forces in Gaza. Hamas has not yet responded to the announcement.

According to Goldman Sachs Prime Brokerage data, systematic trading hedge funds fell 2.1% last week as of Thursday, marking their worst performance since December 2023. The decline extended losses from the prior five trading days, when the funds had already fallen 3.1%. The downturn reflects sharp style rotation amid an ongoing bull market, with rising volatility challenging momentum-driven strategies.

According to BlockBeats, on July 7, U.S. President Trump criticized short sellers, stating that those betting against the market "are in trouble" and "are being liquidated." Trump added he has never liked short sellers because "they are betting against the nation."

According to Ripple, the blockchain payments company announced on July 4 that it will match donations to the Call of Duty Endowment, a nonprofit supporting unemployed veterans, up to $10,000 in XRP. Users can contribute via cash, stocks, XRP, or Ripple's RLUSD stablecoin, with Ripple matching donations in XRP up to the stated maximum.

According to CZ's statement on X yesterday, Binance founder Changpeng Zhao denied investing in three BSC-based memecoins—TCC, CZ, and AB—stating he does not own these tokens and lacks sufficient information about them. "I don't own or know any of these coins," CZ wrote. Following the announcement, the three memecoins experienced sharp declines from their peaks, with TCC, CZ, and AB falling 53%, 61%, and 47% respectively, according to GMGN market data cited by Foresight News.

According to The Block, AVAX One Technology (AVX), a Nasdaq-listed digital asset treasury company focused on Avalanche (AVAX), announced that CEO Jolie Kahn stepped down effective July 3 following a mutual agreement. The company's COO Pete Wylie Jr. has been appointed interim CEO while the board searches for a permanent successor. Under a separation agreement signed July 5, Kahn will receive $160,000 in cash, reimbursement for certain medical insurance costs, and $250,000 worth of unregistered c

According to macro analyst Adam at Greeks.live, open interest across all futures expiry dates remains subdued at approximately 15% through month-end, indicating low market activity. Meanwhile, Gamma Exposure (GEX) is concentrated around $60,000 put options and $63,000 call options, corresponding to recent volatility boundaries. Adam noted the crypto market may track external markets closely during this period.

According to Odaily and Jin10, Federal Reserve Governor Christopher Waller stated that the Fed will not intentionally maintain low interest rates to help the U.S. government finance its fiscal deficit. Waller also indicated that setting an inflation target range is reasonable, though he noted that adjusting the inflation target at this stage could undermine the Fed's credibility.

UK 10-year gilt yields rose 1.1 basis points to 4.793% on July 6 during European market close. Two-year gilt yields increased 0.4 basis points to 4.125%, while 30-year yields rose 1.8 basis points and 50-year yields climbed 1.6 basis points. The 2/10-year yield curve spread widened by 0.586 basis points to +66.584 basis points.

On Tuesday, the Dutch Defense Minister announced the country will present defense procurement agreements totaling over €3 billion and joint projects at a NATO forum. The announcements will also include a new air defense partnership with Belgium and a naval vessel cooperation initiative with the United Kingdom.

U.S. Strategic Petroleum Reserve crude oil inventory declined by 6.2 million barrels last week, falling to 319.5 million barrels, marking the lowest level since 1983, according to energy market data.

According to Yonhapinfomax, President Donald Trump predicted on July 6 that the market would 'go through the roof' during a launch event for the Trump Account, a government-backed long-term investment savings program for children. Trump said factories are opening across the country and that $192 billion has been secured for manufacturing, AI, and the automotive industry. He joked about encouraging people to buy Dell computers, noting the company's founders donated $625 million to the program. DE

South Korea's Supreme Court has proposed amendments introducing detailed procedures for seizing and liquidating digital assets in civil cases. Under the proposed framework, courts would issue seizure orders to prevent debtors from disposing of crypto holdings, requiring assets to be transferred to court enforcement officers. The Supreme Court said the changes are needed due to rising cryptocurrency cases. Public comments will be accepted until August 11, with revisions expected to take effect in

According to BlockBeats, on July 7, Nvidia denied reports by SemiAnalysis claiming product delays and stated that its AI chip roadmap remains on schedule. The company maintained that development timelines are proceeding as planned.