Gate Crypto Flash News and Market Updates

Senator Elizabeth Warren announced an inquiry on June 8 into whether the Commodity Futures Trading Commission (CFTC) can effectively regulate cryptocurrency and prediction markets. In a letter to CFTC Chairman Michael Selig dated June 5, Warren cited a roughly 25 percent staffing reduction,

China's imports grew 27.4 percent year-over-year in May in dollar terms, accelerating from 25.3 percent growth in the prior month.

According to Jin10 Data, on June 10, electronic savings bonds will be officially incorporated into personal retirement accounts, allowing individuals enrolled in China's personal pension system to purchase them directly. The latest batch of savings bonds will go on sale June 10, with multiple

According to Messari's Q1 2026 report released June 9, TON's Telegram product revenue settled at $88.5 million through Fragment, remaining stable despite a 26.4% drop in spot price. Cross-chain NFT market share surged 130.4% to 35.5%, driven by demand for Telegram-issued Numbers, Usernames, and

According to ChainCatcher, Bitget launched USDGO, a flexible-deposit savings product offering up to 12% APR. The product requires no lock-up period, allowing users to withdraw at any time while earning yields based on holding duration. Users can also perform two-way conversions between USDT and USDG

China's exports grew 19.4% year-over-year in May (in U.S. dollar terms), up from 14.1% growth recorded in the previous month, according to official trade data.

China's imports rose 21.5% year-on-year in May, compared with 20.6% in the previous month, according to official economic data released in early June.

China's May exports rose 13.8% year-over-year, accelerating from 9.8% growth in April, according to official trade data.

China's trade surplus for May reached 723.98 billion yuan (approximately $99.3 billion), up from 585.69 billion yuan in April.

Upbit launched trading pairs for CTR against BTC and USDT on June 9, according to its official announcement.

According to Shanghai Steelunion, MMLC battery-grade lithium carbonate (early session) was quoted at 164,500 yuan/ton today, up 650 yuan/ton from the previous day's 16:30 price.

According to SoSoValue data cited by PANews, Solana spot ETFs recorded net outflows of $476,000 on June 8 (U.S. Eastern Time). Fidelity Solana Fund ETF (FSOL) posted inflows of $795,400, while Bitwise Solana Staking ETF (BSOL) saw outflows of $1.464 million. The combined SOL spot ETF assets under m

According to Wall Street Journal, multiple U.S. university endowments are set to receive substantial paper gains from SpaceX's upcoming IPO this week, with the company valued at approximately $1.77 trillion. The University of North Carolina system holds about 10% of its endowment in SpaceX,

According to Ukraine's Finance Ministry on June 8, Ukraine received 2.8 billion euros in financial aid from the European Union. Including this assistance, Ukraine has now received a total of 29.5 billion euros from the EU. The finance ministry stated the 2.8 billion euros will be prioritized for sta

According to ChainCatcher citing SoSoValue, HYPE spot ETFs saw net inflows of $2.4681 million on June 8. Bitwise Hyperliquid ETF (BHYP) led inflows with $1.7928 million, bringing its total historical inflows to $89.2879 million. HYPE spot ETFs collectively held $178 million in assets under

According to ChainCatcher, seven wallet addresses liquidated 249 million H tokens for $31.3 million, including 17,800 ETH and 2,715 BNB, in the past 7 hours, according to on-chain analyst Ember. The massive sell-off triggered an 83% price crash for H.

According to Jin10 Futures, on June 9 at 10:15, the CNEX market-wide fund sentiment index reported 52, down 2 points from 08:45. Large banks, mid-size banks, and non-bank institutions posted indices of 50, 53, and 51 respectively, each down 2 points. The index ranges from 0 to 100, with 50

According to Semafor, a Spanish LaLiga club placed bets on its own relegation through the Kalshi prediction market to hedge against potential revenue losses of tens of millions of euros amid relegation concerns. The club ultimately retained its league status, and despite losing the hedge bet, the in

According to Jin10, xAI appointed Jack Garabedian, an engineer from SpaceX's Starlink division, to lead Grok's model training team on June 9. Garabedian will oversee the "Human Data Team," a hundreds-strong group of experts responsible for training the Grok chatbot across domains including finance a

According to TechCrunch, Apple announced on June 8 at WWDC that developers enrolled in the App Store Small Business Program can access its Foundation Models through Private Cloud Compute without cloud API fees. Eligible apps must have fewer than 2 million total first-time App Store downloads and