Gate Crypto Flash News and Market Updates

According to The Block, President Trump's crypto business interests—which have generated at least $1.4 billion for his family since his inauguration—are emerging as a major political obstacle to the Clarity Act, landmark federal cryptocurrency regulation currently under debate in the

According to the Financial Times, Bank of England Governor Andrew Bailey warned on May 30 that a 60-day ceasefire between Israel and Iran, if reached, would still bring uncertainty and would not immediately clear the path for interest rate cuts. Bailey stated that an agreement nearing completion wou

According to Iran's Foreign Ministry spokesman Baghaei, on May 29, Iran and the U.S. remain in dialogue but have not reached a final consensus. Baghaei stated that the West cannot use mandatory language when discussing Iran, as Iran will make decisions based solely on its own interests and rights.

According to Polymarket, on May 31 the UEFA Champions League final between Arsenal and Paris Saint-Germain generated over $35 million in trading volume. The platform shows a 62% probability of a draw within 90 minutes, while PSG and Arsenal are priced at 21% and 17% winning probabilities

According to the Intercontinental Exchange, week ending May 26, Brent crude oil speculators reduced net long positions by 56,568 contracts, bringing the total to 278,720 contracts.

According to The Sun, Greater Manchester Mayor Burnham is considering appointing current Home Secretary Shabana Mahmood as his chancellor if he becomes prime minister. Burnham and his team have already begun drafting plans for his first month in

Romanian President Klaus Iohannis declared the Russian Consul General in Constanta an "unwelcome person" on May 29, and subsequently closed the consulate.

According to the Ukrainian Air Force, Russia launched multiple missiles toward Ukraine on the evening of May 29, with missiles directed at Kyiv city and Bila Tserkva region. The Kyiv Air Raid Alert account

According to Israeli Channel 12, Hezbollah launched over 100 missiles and unmanned drones in an attack on Israel.

According to Russia Today, on May 29, Russian President Vladimir Putin said the Russia-Ukraine conflict appears to be nearing conclusion based on battlefield conditions, though he noted specific end timelines cannot be set while fighting continues. Putin stated Russian strikes on Kyiv were in

According to Israeli Channel 13, Prime Minister Benjamin Netanyahu will convene a security meeting shortly to discuss how to respond to Hezbollah attacks.

U.S. natural gas rig count held steady at 125 in the week ending May 29, unchanged from the prior week.

The U.S. total rig count rose to 562 for the week ending May 29, up from 558 in the prior week.

The U.S. oil rig count for the week ending May 29 will be released within the next ten minutes.

According to Messari data, Cardano's stablecoin market cap grew 60% over the past seven days, outpacing all major blockchain ecosystems this week and reaching approximately $54.88 million. Cardano has also returned to a critical technical support zone near $0.247, a multi-year pivot level watched

Gate News message, Circle has blacklisted the contract address of Zama's confidential USDC (cUSDC) on Ethereum, freezing approximately $12.6M in user funds. The freeze was flagged by on-chain investig

According to Hyperinsight monitoring, HYPE's largest short trader Loracle has been reducing short positions for 9 consecutive hours on May 31, with cumulative closures of $7 million. His remaining short positions are valued at $108 million with unrealized losses of $34.6 million. Separately, Loracl

According to Israeli Defense Forces, on May 28, Israeli forces killed four Hamas members in an airstrike on Gaza. The military said the four individuals posed a direct threat and were targeted in a precision operation to eliminate the threat.

According to ChainCatcher citing Coinglass data, crypto derivatives markets saw $151 million in total liquidations over the past 24 hours, with long positions liquidated at $76.45 million and short positions at $74.63 million. Bitcoin accounted for $12.12 million in long liquidations and $10.68 mil