Gate Crypto Flash News and Market Updates

According to CryptoQuant analyst Woominkyu, Bitcoin's hashrate has gradually declined over the past six months since December 2025, with a 6.6% drop in the 7-day moving average and a 3% decline in the 30-day moving average. These declines remain significantly shallower than previous capitulation

According to BlockBeats, on June 5, Jiang Zhuoer, founder of Litbit Pool (B.TOP), repurchased all his Ethereum position at an average price of $1,645. He had previously liquidated his entire ETH holdings in the $2,200–$2,400

According to Jin10 Data, on June 5, China's central bank announced a 500 billion yuan buy-back reverse repo operation with a three-month tenor. Separately, savings Treasury bonds were added to the personal pension product pool, with several banks opening online purchase channels. In international d

According to Hyperinsight, Hyperliquid trader Loracle has continued adding to ZEC long positions amid recent market decline, with total position size reaching $10.8 million and average entry price lowered to $354. The trader has been dollar-cost averaging down, with purchases made at prices as low a

According to BlockBeats, citing Bitget market data, U.S. chip stocks fell in pre-market trading on June 5. Qualcomm (QCOM.O), Intel (INTC.O), and AMD (AMD.O) dropped about 3%, while Taiwan Semiconductor Manufacturing (TSM.N) fell 2.5% and Nvidia (NVDA.O)

According to Jin10 Futures, the CNEX interbank sentiment index rose to 53 as of 4 p.m. on June 5, up 1 point from 2:30 p.m. Among participating institutions, large banks reported 51, mid-sized banks 54, and non-bank entities 52, each up 1 point. An index reading above 50 signals tightening

From 07:00 to 08:00 UTC on June 5, 2026, ETH fluctuated in the 1633.5 to 1658.16 USDT range. It sharply dropped by 1.12% within 15 minutes, with a range of 1.49%. Price continued the recent weak pattern; market sentiment was extremely bearish, and volatility noticeably increased. The main driver behind this move was a sharp outflow of institutional funds. Ethereum spot ETFs recorded about $100 million in net outflows over the past 24 hours, and institutional investors’ selling directly increased

According to Binance, the exchange will halt NEAR token deposits and withdrawals at 07:00 UTC+8 on June 10, 2026, to support the NEAR Protocol network upgrade and hard fork. The upgrade is scheduled to take place at 08:00 UTC+8 the same

According to Coinglass data, Bitcoin's 8-hour average funding rate across the network stands at 0.001% as of June 5. Among major exchanges, Binance's rate is -0.0015%, OKX is 0.0021%, Bybit is -0.0036%, and Gate is 0.0015%.

Between 07:00 and 08:00 (UTC) on June 5, 2026, the BTC price fell from 61,986.7 USDT to 61,379.0 USDT, with a return of -0.73% and a range of 0.98%. This period is in a phase of accelerated decline for BTC; within 24 hours, the drop exceeded 3.5%, and since the May 6 high of $82,500, it has cumulatively fallen by about 26%. The weekly trend is heading toward the largest week-over-week decline since November 2022. The main driver behind this abnormal move is continued institutional capital outflo

According to Coinglass data, ZEC derivatives saw $107 million in liquidations over the past 24 hours, with long positions accounting for $76.59 million and short positions $29.98 million. The figure ranked third among all cryptocurrencies by liquidation volume, behind only Bitcoin and Ethereum.

According to CNN, Israeli special forces were deployed to Azerbaijan during the Iran conflict as part of a covert network of operational bases across the Middle East, sources revealed. The deployment facilitates Israeli military operations against Iran.

According to Odaily, on Friday, emerging market assets fell for the third consecutive trading day, with the MSCI Emerging Markets index dropping 1.7% to 1,728.66 points and South Korea's KOSPI index plunging 7%. Samsung Electronics and SK Hynix, which together account for over half of Korea's

According to Binance's official announcement, the exchange will adjust the minimum price variation (ticksize) for six USDT perpetual contracts—HOME, RONIN, THE, MELANIA, LA, and XP—on June 6 at 11:00 UTC+8. The adjustment will not impact existing orders or trading

According to MGBX, the exchange launched three new perpetual futures trading pairs on June 5 at 18:00 SGT: BTWUSDT, EWTUSDT, and LLYUSDT. BTW and EWT support up to 25x leverage, while LLY supports up to 20x leverage.

According to Odaily, Asia-Pacific semiconductor stocks fell sharply today (June 5). SK Hynix declined nearly 10%, while Samsung Electronics and Tokyo Electron dropped over 6%. The Nikkei 225 index fell nearly 900 points, and South Korea's composite index declined over 5.5%. Advan Test also fell near

According to CoinDesk, Deribit Chief Commercial Officer Jean-David Péquignot said on June 5 that $60,000 is a critical structural threshold for Bitcoin. Over $1.2 billion in notional value of put options are struck at that level. As Bitcoin approaches this price, market makers face gamma risk on sho

Gate News bot message, Gate market data shows that BTC has broken through 63,000 USDT, with the current price at 63,004.1 USDT.