Gate Crypto Flash News and Market Updates

According to U.S. Central Command, on June 6, the military redirected 129 merchant vessels in the Strait of Hormuz and disabled six additional ships amid escalating tensions. The command noted that any Iranian attack on U.S. vessels would violate the ceasefire agreement. According to CNN and

Gate News message, according to Lookonchain, Tom Lee (@fundstrat)'s Bitmine holds 5,416,901 ETH valued at $10.03B with an unrealized loss of $10.35B. Meanwhile, Michael Saylor (@saylor)'s Strategy holds 843,706 BTC valued at $56.26B with an unrealized loss of $12.27B. The data represents updated

According to Shenzhen government, on June 5, a research team including Huawei Technologies completed full-parameter post-training for DeepSeek-V4-Pro using the company's Ascend 910C chips. The project ran DeepSeek's largest model to date with 1.6 trillion parameters on a cluster powered by over 1,00

According to The Block, citing Artemis data, multiple digital asset management companies including Strategy and Bitmine reported losses today (June 6) amid ongoing cryptocurrency price declines. Hyperliquid Strategies (PURR), a Nasdaq-listed fund manager, remains the only major DAT company with

According to SPDR Gold Trust data, the world's largest gold ETF reduced its holdings by 5.223 tons yesterday, bringing total positions to 1,019.921 tons.

From 00:00 to 00:15 (UTC) on June 6, 2026, ETH surged by 0.96% within 15 minutes, rising from 1,582.7 USDT to 1,601.3 USDT, with a swing of 1.17%. This short-term spike occurred after several consecutive days of ETH declines, during which market volatility noticeably increased. The main driver behind this move was technical oversold rebound demand. In early June, ETH’s 14-day RSI had fallen to around 33.56, nearing the oversold threshold of 30%. Since the all-time high, the price had retraced by

According to Foresight News, Hut 8's subsidiary Beacon Point DC LLC completed pricing of $4.25 billion in senior secured notes with a coupon rate of 6.129%, maturing in 2042. Settlement is scheduled for June 9, 2026. Proceeds will fund construction of a 352-megawatt data center on

From 00:00 on June 5, 2026 to 00:00 on June 6, 2026 (UTC), ETH returns recorded -0.38%. The price ranged from 1763.46 to 1770.75 USDT, with a volatility of 0.41%. The price saw a slight pullback; market sentiment was bearish, and overall it remained under macro downward pressure. The main driver of this move was continued net outflows of ETF funds. In May 2026, the US Ethereum spot ETFs saw net outflows of about $402 million, marking a third consecutive month of net outflows. This ongoing outflo

From 00:00 to 00:00 UTC on June 5, 2026 to June 6, 2026, BTC’s return was -0.35%. The price range was 63,643.0–63,883.5 USDT, with a volatility of 0.38%. Bitcoin was under sustained pressure during this window: the price slid from around $63,000 into the $61,000 range. Market sentiment clearly weakened, and volatility increased noticeably compared with the prior period. The main driver behind this unusual move was the continued deterioration in institutional fund flows. Spot Bitcoin ETF saw outf

According to SoSoValue data, HYPE spot ETFs recorded net outflows of $2.97 million on June 5. Bitwise Hyperliquid ETF (BHYP) accounted for all outflows. The product has accumulated $87.50 million in net inflows to date, with total assets under management reaching $159 million.

According to Jin10, President Trump stated on June 5 during a campaign event in Wisconsin that he will swiftly end the conflict with Iran to reduce oil prices and lower living costs. Trump indicated that the ongoing military tension has driven up energy costs, creating economic headwinds for

According to a report released by Oobit, USDT holds near 100% of the stablecoin market volume across Latin America, with an effective 100% share in Bolivia, Peru, and Ecuador, around 98% in Colombia, and roughly 90% in Chile and Brazil. Oobit reported 202% activity growth in Brazil since its

According to SoSoValue data, Bitwise Hyperliquid ETF (BHYP) posted net outflows of $2.917 million on June 5. The HYPE spot ETF currently holds total assets of $159 million, with cumulative net inflows reaching $149 million to

According to ChainCatcher, Coinbase CEO Brian Armstrong said on X platform that while Bitcoin fell below $60,000, derivatives, perpetual futures, stablecoins, and prediction markets continue to surge. Armstrong noted that many people equate Bitcoin's

According to Trump on Friday, June 6, his administration is studying a plan to give American citizens ownership stakes in artificial intelligence companies. Trump said he plans to meet with major AI industry leaders at the White House next week, including representatives from OpenAI, SpaceX,

According to Coinglass data, over the past 24 hours on June 6, the cryptocurrency market saw $1.829 billion in total contract liquidations. Bitcoin, which briefly dipped below $60,000, recovered to trade at $61,399.7, up 0.57% on the day. Bitcoin accounted for $620 million of liquidations, with

According to Bloomberg, Google has agreed to pay SpaceX $920 million monthly for cloud computing power under a deal running through mid-2029. Monthly payments begin in October 2026, with computing capacity ramping up at lower cost through September. Google can terminate the contract if SpaceX

According to Coinglass data, Bitcoin's global 8-hour average funding rate is currently 0.0008%. On major exchanges, Binance's rate stands at -0.0012%, OKX at -0.0025%, Bybit at 0.0028%, and Gate at -0.0009%.

According to Coinglass data, Ethereum's 8-hour average funding rate across major exchanges currently stands at -0.003%. Binance's rate is -0.0079%, OKX's is -0.0112%, Bybit's is -0.0015%, and Gate's is -0.0065%.

According to Foresight News, Securitize's merger transaction with Cantor Equity Partners II (Nasdaq: CEPT), a special purpose acquisition company backed by Cantor Fitzgerald, has received SEC approval of its S-4 registration statement. A shareholder meeting is scheduled for June 29. If approved,