Gate Crypto Flash News and Market Updates

According to ChainCatcher, Arbitrum Foundation requested $43.5M in funding from Arbitrum DAO for 2027 operations, comprising $16M in stablecoins, 1,740 ETH, and 230M ARB tokens (3.7% of total supply). Funds will support technical infrastructure, ecosystem development, marketing, and governance

According to BlockBeats, on May 29, the largest HYPE short holder loracle.hl redeemed 892.5K HYPE (approximately $55.6 million) and transferred it to Hyperliquid two hours prior, likely preparing for further sales. The address has also applied to redeem an additional 700K HYPE, according to

According to CNBC on May 29, SpaceX's IPO prospectus and CEO Elon Musk's disclosures on X regarding an Anthropic compute lease contain conflicting terms. The filing states Anthropic will pay $1.25 billion monthly through May 2029 with

Ethereum traded near the $2,000 mark on May 29, posting intraday gains of 0.44%.

According to PANews, Danish pension fund AkademikerPension announced on May 29 that it will exclude SpaceX from its portfolio due to governance concerns. The fund also assessed that SpaceX appears to be significantly

According to Bloomberg, the European Union will conditionally unfreeze €10 billion in frozen funds allocated to Hungary, contingent upon the country's implementation of reforms. The decision marks the EU's conditional approach to managing financial support for member states undergoing governance

According to Gate announcement, the Gate Stock Trading section has launched pre-market trading for the QNTXUSDT perpetual contract, settled in USDT and supporting 1–10x leveraged long and short positions. The contract tracks the price of Quantinuum Inc. as its underlying asset, with an estimated total share count of 253.9 million.

Gate News bot message, Gate market data shows that ETH has broken through 2000 USDT, and the current price is 2000.05 USDT.

According to ChainCatcher, the Kyiv Regional Prosecutor's Office in Ukraine has completed a pretrial investigation into a criminal gang comprising four former police officers and one civilian with prior convictions. The group stands accused of kidnapping crypto entrepreneurs and extorting

According to Arkham, on May 29, Nakamoto, a Bitcoin treasury company, reported holdings down over 35% in value, with stock price plummeting 99.4% to $5.60 from $1,000. The company accumulated approximately $679 million worth of BTC at an average price of around $118,000 per coin, with paper losses n

According to Iran's Tasnim News Agency, the memorandum of understanding between Iran and the United States has undergone changes in recent days and the text remains undefined, as sources said on May 29. The news agency stated that media reports regarding the memorandum's content are

Germany's harmonized consumer price index (CPI) fell to -0.1% month-on-month in May (initial reading), missing the forecast of +0.1% and marking a sharp decline from April's +0.50%.

According to Iran's Tasnim News Agency, the text of the Iran-U.S. memorandum of understanding has undergone changes in recent days and remains unfinalized, unnamed sources told the agency on May 29. The sources also stated that reports of the memorandum's text published by Western media outlets

Germany's consumer price index (CPI) came in at 2.6% year-over-year in May, according to preliminary data, below the expected 2.9% and down from 2.9% in the prior month.

According to Glassnode, Bitcoin retested the $75,000 strike price today, with the options market showing approximately $8 billion in short Gamma exposure concentrated in that region. BTC dropped to around $72,500 earlier this week as the concentrated positions pressured the market ahead of today's l

According to Arkham, Nakamoto, a bitcoin treasury company, has seen its BTC holdings decline over 35% in value as of May 29, with shares plummeting 99.4% to $5.60. The company purchased approximately $679 million in bitcoin at an average price of $118,000 per coin and has held the position largely u

According to Techfundingnews, AI Agent safety platform Geordie has completed a $30 million Series A funding round. The round was led by Balderton Capital, with participation from Crosspoint Capital, General Catalyst, and Ten Eleven Ventures. Geordie provides real-time monitoring and governance of en

Germany's consumer price index fell 0.2% month-on-month in May on a preliminary basis, missing forecasts of a 0.1% increase and marking a sharp reversal from April's 0.6% rise.