Gate Crypto Flash News and Market Updates

According to blockchain analytics firm Nansen, nearly 1 million TRUMP token holders had lost money by the end of June 2026, with cumulative losses reaching $3.81 billion. Of approximately 1.48 million wallets that purchased the token, 988,905 ended up holding losses. By comparison, around 500,000 early buyers collectively made roughly $4 billion in profit. TRUMP traded near $1.76 at the time of analysis, representing a 97% decline from its all-time high of $75.35 reached shortly after launch in

According to Wedbush managing director Dan Ives in a Bloomberg Television interview, the Magnificent 7 technology giants will significantly outperform in the second half of 2026. Ives noted that hyperscalers are investing $700 billion to fund the AI revolution, with Meta, Microsoft, Alphabet, and Amazon well-positioned to monetize their AI spending. He expects the upcoming earnings season in July to validate Big Tech fundamentals and prove skeptics wrong.

According to Tom Lee, Fundstrat's managing partner, in a CNBC interview on Monday, U.S. equity markets could face bear market-like volatility between August and October 2026. Lee cited four potential triggers testing the S&P 500 and Nasdaq Composite: the Federal Reserve's policy direction under Kevin Warsh's leadership, SpaceX's staggered share unlock beginning in late July or early August, a cumulative petroleum shortage, and elevated margin debt levels. Lee expressed optimism for July, noting

Saudi Aramco cut its official selling price for Arab Light crude to Asian customers by $11 per barrel in August, marking the largest monthly decline in at least 26 years.

According to Franklin Templeton, on July 6, the global asset manager recommended that South Korean investors shift from semiconductor-focused strategies to undervalued sectors including defense, shipbuilding, and nuclear energy. Franklin Templeton noted that while South Korea remains an attractive market in Asia, investors should adjust their strategy away from concentration in large-cap chip stocks toward higher-value opportunities in overlooked quality stocks.

According to ChainCatcher, bitcoin financial services company Strive increased its Bitcoin holdings by 17.76 BTC last week, bringing total holdings to 19,882 BTC, according to CEO Matt Cole. The company accumulated 6,236 BTC in Q2 2026, achieving a 24% Bitcoin yield with 3,264 BTC of profit gains.

Gate News message, Strategy (@MicroStrategy) reported selling another 2,225 $BTC worth $135M at an average price of $60,773. This follows last week's sale of 1,363 $BTC worth $81M at $59,256. Total sold over the past 2 weeks: 3,588 $BTC worth $216M. Current holdings: 843,775 $BTC.

According to Dune Analytics, prediction market volumes surged in May and June amid the 2026 FIFA World Cup. Kalsi's notional volume rose more than 70% to above $31 billion in June, while Polymarket's international event contract exchange hit a new monthly volume record above $10.8 billion in the same month. The spike reflects heightened betting activity as the global soccer tournament drove increased engagement on prediction platforms.

Over the July 4 holiday weekend, Bitcoin rebounded to over $63,000, up 5% on the week, while spot Bitcoin ETFs recorded $223.5 million in net inflows on Thursday, marking a sharp reversal from June's record $4 billion-plus outflow streak. Ethereum climbed 12% to $1,770, Solana gained 11% to $81, and altcoins broadly outpaced Bitcoin. The ETF inflow reversal follows a softer-than-expected June jobs report that eased rate-hike concerns and opened room for risk assets to rally. ANSEM soared 300% on

Broadcom shares surged over 5% in premarket trading on July 6 after reports that the chipmaker and Apple agreed to extend their technology partnership through 2031. The extended agreement reflects the ongoing collaboration between the two companies on semiconductor and component development.

According to the Shanghai Gold Exchange, on July 6 evening, Gold T+D opened unchanged at 907.0 yuan per gram, while Silver T+D rose 0.19% to 15,150.0 yuan per kilogram.

The British government sanctioned seven Russian scientists and two state research institutes today on July 6 for developing chemical weapons used to poison opposition leader Alexei Navalny and former spy Sergei Skripal. The sanctions target individuals involved in creating the Novichok nerve agent and Epibatidine toxin. Foreign Secretary Yvette Cooper stated: "Russia's repeated use of chemical weapons is a sickening violation of international law and a direct threat to global security. We will c

SK Hynix's U.S. ADR listing has received oversubscription. The company will stop accepting subscriptions at 4 p.m. ET on July 8.

According to Bank of America's latest global memory technology report released on July 2, market concerns about the memory price surge cycle ending are largely "emotional disturbances" rather than fundamental shifts in the industry. The report addresses three key market worries: Meta's plans to lease AI computing capacity, China's CXMT entry into Apple's supply chain, and South Korea's 800 trillion won semiconductor investment plan. Bank of America argues these developments do not signal demand

According to Odaily, Hong Kong Securities and Futures Commission (SFC) discussed eliminating the 10% minimum exemption for virtual asset fund managers, with new regulations taking effect immediately without transition periods. The SFC also confirmed plans to separate virtual asset platform staff certification exams and curricula, with exam fees reduced to align with existing Paper 2 and Paper 3 rates. Additionally, the Hong Kong Securities and Futures Professional Association requested clearer d

According to on-chain analyst Yu Jin, a major whale transferred 4 million USDC to Hyperliquid and opened a 500 BTC long position worth $31.48 million at $62,911 per BTC on Monday before US market open. The whale also holds 12,000 ETH purchased at an average price of $2,068 in March, with an unrealized loss of approximately $3.6 million.

According to a leaked report from Burmese fraud centers cited by Hongxing News, scam networks are leveraging OpenAI's ChatGPT and Google's Gemini for automated multilingual phishing and identity spoofing, with cryptocurrency payments enabling rapid cross-border fund transfers. The operations employ what researchers describe as an "AI acquisition plus crypto settlement" model, combining AI-generated social engineering with blockchain-based payment channels to achieve high automation and internati

Canada's national economic confidence index reached 51.2 as of July 3, up from 50.9 in the prior period.

Gate News message, according to AggrNews, Strategy's Bitcoin holdings have decreased by 3,588 BTC (approximately $225.606 million) to 843,775 BTC, as shown on the website. The current Bitcoin market capitalization stands at $1.3 trillion.

According to Goldman Sachs, the investment bank has raised its price targets for three semiconductor and storage companies. SanDisk's price target was upgraded from $1,200 to $2,200, Western Digital's from $400 to $650, and Applied Materials' from $520 to $645.