Gate Crypto Flash News and Market Updates

According to ECB governing council member Simkus, the central bank will release new economic assessment forecasts in September.

According to Jin10, European Central Bank Governing Council member Simkus supports a rate hike in June and believes a second rate hike is more likely to occur.

According to ChainCatcher citing Hyperbot data, trader Ma Ji (Huang Licheng) closed his entire 40x leveraged Bitcoin long position today (May 29) while continuing to increase his 25x Ethereum long position to 4,588 ETH. His overall position has turned profitable with unrealized gains of

According to Iran's Foreign Ministry statement on May 29, Iran condemned recent Israeli military strikes on Beirut and southern and eastern regions of Lebanon. The attacks resulted in significant casualties and displaced hundreds of thousands of people, with infrastructure and residential areas

According to Commerzbank, the German lender forecasts Brent crude oil will reach $90 per barrel by the end of September before declining to $85 per barrel by year-end.

According to Bloomberg ETF analyst James Seyffart, Grayscale has filed a fourth amendment for its Hyperliquid ETF, HYPG, featuring a potential seed capital arrangement involving approximately 2 million HYPE tokens, valued at nearly $113 million. Hyper Holdings Global LP would acquire trust shares th

Intraday on May 29, Brent crude oil fell over 2% to trade at $90.55 per barrel, while WTI crude declined 1.8%.

According to CoinDesk, Strategy's preferred share STRC fell to $97.11 today (May 29), later recovering to $98.57. The decline reflects concerns about the company's financing flexibility via its ATM issuance program. Following a $1.5 billion convertible debt buyback, Strategy's cash reserves have

According to CoinDesk, Strategy's perpetual preferred stock STRC fell to a low of $97.11 on Thursday, unable to hold its $100 par value, before recovering to $98.57. The decline was driven by Bitcoin's pullback to around $73,000 and ex-dividend effects. The company's recent $1.5 billion buyback of 2

According to Israeli Defense Forces statement, Israel confirmed on May 29 the killing of Ahmad Hassan Hashem Aslam, deputy commander of Hamas's Gaza City Brigade, in an airstrike on the night of May 27. The airstrike hit a residential building in Gaza City in the northern Gaza Strip. According to th

According to Jin10, on May 29, Spain's agriculture minister called for the European Union to provide billions of euros in emergency funding to farmers grappling with soaring fertilizer costs linked to the Iran conflict. Spain has already launched a 500 million euro (approximately $580 million)

Brent crude touched $91 per barrel today, declining 1.55% during intraday trading.

Hungarian Prime Minister Viktor Orbán will meet with European Commission President Ursula von der Leyen at 1 p.m. on May 29 to reach a political agreement on EU funding, according to Orbán's statement.

According to Michaël van de Poppe on X, the crypto market is being weighed down by the global economic impacts of the US-Iran conflict. As of May 29, Bitcoin is trading at $74,412, down 1.9% on the day. The analyst expects an agreement between the two countries will be reached in the coming weeks, w

According to Jin10, the U.S. Department of Justice launched an investigation on Thursday into a group affiliated with billionaire Reid Hoffman over allegations it partially funded writer E. Jean Carroll's lawsuit against President Trump. The Chicago U.S. Attorney's Office is leading the probe,