Gate Crypto Flash News and Market Updates

According to Jin10, on June 3, Indonesia's stock market tumbled to its lowest level in five years, with the Jakarta Composite Index plunging 5.2% to its lowest since May 2021. The Indonesian rupiah also hit a historic low, falling 0.5% against the U.S. dollar and leading losses across Asian

According to BitPinas, the Philippines' Commission on Elections (COMELEC) removed blockchain technology and voter verification systems from its 2028 presidential election budget proposal on June 3, reducing the initial 25 billion peso budget by approximately 6 billion pesos. The commission cited bud

According to Onchain Lens, a whale initiated a long position of 41,113 SPCX tokens on June 3 using 1x leverage, worth approximately $4.04 million.

According to Jin10 data, on Wednesday (June 3), investor demand for Australian seven-year government bonds surged at auction as investors increasingly bet that the Reserve Bank of Australia's tightening cycle is nearing its end. According to Australia's Office of Financial Management, investor

At its Build 2026 developer conference on June 2, Microsoft announced seven AI models in its MAI series and a second-generation quantum chip, Majorana 2. The company unveiled its first advanced reasoning model, MAI-Thinking-1, which features 35 billion active

Goldman Sachs raised its target for South Korea's KOSPI 200 index (South Korea's benchmark equity index) to 12,000 points from 9,000, according to strategists including Timothy Moe. The adjustment reflects expectations that artificial intelligence-driven profit growth in the technology-heavy

According to CME data on June 2, energy futures volumes and open interest declined in tandem. WTI crude oil volume fell 203,624 contracts to 713,663 hands, with open interest down 2,953 contracts to 2,025,957 hands. Brent crude dropped 40,654 contracts to 128,775 hands, while open interest fell 21,0

According to journalist Eleanor Terrett, crypto critic and U.S. Representative Brad Sherman advanced to the general election in California's 32nd Congressional District primary. He will face Republican candidate Larry Thompson in November's runoff. Thompson defeated Democratic challenger Jake

The CLARITY Act cleared the Senate Banking Committee this week with bipartisan support, advancing the Digital Asset Market Clarity Act toward a full Senate vote. According to the Blockchain Association, 160 former national security, intelligence, and law enforcement professionals signed a letter on

According to HyperInsight, Marvell Technology (MRVL) recorded $307 million in contract volume on Hyperliquid during the previous U.S. trading session on June 3, becoming the second-most-traded U.S. stock on the platform after Nasdaq-100 components, and ranking in the top ten across all crypto and tr

According to Foresight News, Gnosis Pay announced the latest update on its security incident, stating that the issue has been contained. The platform expects to resume operations in batches on Wednesday evening (GMT+2), followed by a gradual restoration of card functionality. Affected users will

According to Treasury Secretary Scott Bessent, the US Treasury issued sanctions on Iran targeting four cryptocurrency exchanges on Jun 3. The action follows Treasury's disclosure four days earlier that the US had seized nearly $1 billion in crypto from Iranian exchanges and wallets since late

According to CNBC, Bitcoin dropped to 65,385 on Wednesday, marking its lowest level since February, with a 2.3% decline. The selloff reflects a broader liquidity rotation, with capital flowing from crypto markets toward equities and alternative assets. QCP noted that stock market strength has

According to Taipei Times, on June 3 at the opening of Computex Taipei, Taiwan President William Lai said the self-ruled island is vital to global AI development as it accounts for over 60% of global foundry revenue and more than 90% of leading-edge chip manufacturing. Lai emphasized that

Between 05:00 and 05:15 (UTC) on June 3, 2026, the BTC price moved upward in the short term, with a return of +1.00%. The price range was 66,467.1 - 67,260.0 USDT, with a volatility of 1.19%. After the price retreated and consolidated from the early-June peak, a mild rebound appeared during this period. Market attention increased, and the magnitude of volatility has become noticeably larger than in recent days. The main driver behind this anomaly was the trigger of short liquidations at a techni

From 2026-06-03 05:00 to 05:15 UTC, ETH/USDT surged from 1,850.02 USDT to 1,873.33 USDT within 15 minutes, delivering a positive return of +0.95% and a swing of 1.26%. This rebound occurred after the prior day’s sharp drop of 7.32% (June 2), with market sentiment still in a recovery phase and volatility noticeably larger than before. The main drivers behind this short-term spike are technical repair needs. On June 2, ETH’s price plunged rapidly from around $2,010 to $1,860, a decline of more tha