Gate Crypto Flash News and Market Updates

Indonesia's benchmark stock index fell 4% intraday today, closing at 5,950 points, marking its lowest level since early April 2025.

According to Pakistani government sources and local media, Pakistan's federal budget will not be submitted on the originally scheduled date of June 5 and is now expected to be announced on June 10.

According to Coinglass data, cryptocurrency markets recorded $1.703 billion in liquidations over the past 24 hours on June 3, with long positions accounting for $1.533 billion and short positions for $170

According to ZutaCore, the Foster City, California-based data center cooling startup raised $100 million in Series C on June 2. The round was backed by Mitsubishi Electric, Carrier Ventures, Samsung Ventures, and other investors. The funding will support commercialization and research and

From 03:30 to 03:45 (UTC) on June 3, 2026, ETH sharply dropped 1.05% within 15 minutes. The price fell from 1847.99 USDT to 1823.67 USDT, with a range of 1.32%. Market sentiment is extremely fragile, with the Crypto Fear & Greed Index in the "Extreme Fear" state and volatility significantly increasing. The main driver behind this unusual move is a concentrated pullback after technical overbought conditions. RSI is at 76.54 and already in the overbought zone. MACD has formed a death cross, and th

Palm oil futures opened more than 1% higher on the first trading day after the holiday on June 2, supported by the rollout of B15 biodiesel policy and strength in crude oil prices. However, market gains faced headwinds from rising production expectations and elevated inventory

According to Santiment data released on June 3, Bitcoin whales and sharks (addresses holding 10-10,000 BTC) offloaded 24,602 BTC over the past week, representing an 18% decline in holdings. Meanwhile, small traders holding below 0.01 BTC increased their positions by 61 BTC over the same

According to South China Morning Post, Hong Kong committed HK$3 billion (US$382.8 million) to 73 technology commercialization projects under the RAISe+ scheme, announced at Hong Kong University of Science and Technology's Unicorn Day event. HKUST secured funding for 19 projects, the highest among l

According to Foresight News, Babylon announced its native Bitcoin-backed lending feature has gone live on Aave v4 public testnet. The feature is powered by Babylon Trustless Bitcoin Vaults, allowing users to deposit Bitcoin as collateral for borrowing without transferring custody, wrapping assets, o

Gate News bot message: Gate market data shows BTC falling below 66,000 USDT, with the current price at 65,999.9 USDT.

Japan's Nikkei 225 index broke through the 4,000-point level for the first time today, June 3, with intraday gains exceeding 2%.

According to Microsoft's announcement at its Build conference on Tuesday, the company unveiled Majorana 2, a new topological quantum chip that is 1,000 times more reliable than its predecessor, with average qubit lifetimes of 20 seconds and some lasting as long as one minute. Microsoft said the chip

From 03:15 to 03:30 (UTC) on June 3, 2026, BTC fell by 0.55% within 15 minutes. The price range was 66,085.8 - 66,621.8 USDT, with a 0.81% amplitude. Short-term pullback pressure increased, and market sentiment leaned cautious. The main drivers behind this move were the compounded effect of continued institutional fund outflows and a breakdown of technical support levels. In May 2026, spot ETFs saw the largest monthly net outflow since the start of 2026, ending the previous two months of consecu

According to Crowdfund Insider, Tether AI released a production-ready version of TurboQuant, a memory compression technology developed by Google Research, and integrated it into the latest QVAC SDK on June 3. TurboQuant compresses KV cache by up to 5x while maintaining output quality, enabling

According to Taiwan Stock Exchange (TWSE), Taiwan's stock market capitalization surpassed US$5 trillion at the end of May 2026, driven by growth in AI-related sectors including semiconductors and hardware. The market capitalization stood at approximately US$4.02 trillion in April 2026, indicating a

Indonesia's benchmark stock index declined 3% intraday on June 3.

According to BlockBeats, Arc announced on June 3 that it will release an important announcement on June 9 at 11 PM Beijing time.

According to Reuters, the Trump administration announced on June 2 a framework seeking voluntary agreements to allow federal agencies 30 days to test advanced AI models for cybersecurity risks before release outside the government. The Treasury, Defense, Commerce, and Homeland Security