Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-06-04
09:43

Gate Square launches the “My Trading Moment” creative essay contest, sharing investment stories with a top prize of up to 1,000 USDT rewards

Gate News message: According to Gate’s official announcement on June 8, 2026, the Gate Square will launch an investment story sharing event, inviting users to share their trading experiences and investment insights around fields such as BTC, Meme, contracts, US stocks, gold, prediction markets, and more. The event runs from June 8, 2026, 10:00 to June 19, 2026, 24:00 (UTC+8). Participating users can submit original content via the X platform or on Gate Square. Content formats include text-and-im
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BTC2.32%
MEME-4.63%
PAXG0.13%
09:33

BTC drops sharply in 15 minutes by 0.75%: institutional funds outflow and large whale concentrated sell-offs resonate, triggering a short-term plunge

From 09:15 to 09:30 UTC on June 4, 2026, BTC saw a -0.75% return; the price pulled back into the 62,800.0–63,340.3 USDT range, with a 0.85% amplitude. This period falls during a low-liquidity window at the handoff between Asian and US/Europe trading sessions. Selling pressure was released in a concentrated burst, causing a rapid short-term plunge. The core driver behind this anomaly is continued outflows of institutional capital. May 2026 marked a key turning point in BTC ETF fund flows. April h
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BTC2.32%
IBIT-5.17%
09:32

Hezbollah FPV Drone Strikes Vehicle of Israeli Northern Commander on June 4

According to Israeli public broadcaster Kan, a Hezbollah drone struck the vehicle of Israeli Northern Command Chief Rafi Milo in southern Lebanon on June 4. The explosives-carrying FPV drone directly hit the vehicle while Milo was conducting a field inspection in a southern Lebanese village. Milo an
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