Gate Crypto Flash News and Market Updates

According to BlockBeats, President Trump stated on May 28 that the Strait of Hormuz will remain open to all and will not be controlled by any nation, regardless of any agreement reached with Iran. Trump emphasized that the U.S. will provide oversight of the strait but no single country will have

According to commodity trading data, on May 28, commodity funds net sold CBOT corn and wheat futures contracts while net buying soybean meal and soybean oil futures. Net sales of corn futures reached 11,000 contracts.

According to Mysteel's latest survey as of May 27, since May 23, a total of 129 coal mines in Shanxi province have been suspended, of which 16 have resumed operations (producing 20.7 million tons capacity combined). The remaining 113 suspended mines hold 125 million tons of capacity, impacting

According to a U.S. official statement to Reuters on May 28, the U.S. military struck an Iranian military base that posed a threat to American forces and commercial shipping in the Strait of Hormuz. The military also intercepted and shot down multiple Iranian drones that threatened U.S. forces and m

According to analysts reported by Securities Daily, lithium carbonate prices rose over 60% year-to-date as of May 27, with the main futures contract on the Guangzhou Futures Exchange closing at 173,000 yuan/ton. Analysts attribute the rally to combined supply-side disruptions and

According to Iranian media Fars News, an explosion was reported in Iran's southern Abadan Port on May 28 at around 1:30 AM local time (5 AM Beijing time), with three to four blast sounds heard by residents. Local air defense systems were activated for several minutes following the

According to Iran's Farsnews, three explosions were reported in the eastern area of Bandar Abbas, Iran, on May 27, with air defense systems activated for several minutes.

WTI crude futures touched $90 per barrel today, rising 1.49% intraday.

According to Doug Bandow, senior research fellow at the Cato Institute, on May 28, Trump is facing a difficult situation as the U.S. and Iran implement competing blockades in the Strait of Hormuz. Bandow disputed Trump's claims that he does not care about the conflict's impact on the upcoming

According to Michael Saylor, Strategy's STRC annualized run rate has reached $24 billion, with plans to purchase Bitcoin equivalent to 2–3 times miner output. Strategy has purchased $11 billion in Bitcoin year-to-date, at a pace double that of miner production, according to Bitcoin

According to Guru Club, WTI July crude oil futures fell 5.55% to $88.68 per barrel on May 28, while Brent July crude oil futures declined 5.31% to $94.29 per barrel. Abu Dhabi Murban crude oil futures also dropped 3.76% to $91.48 per barrel.

According to ChainCatcher, citing materials from the U.S. Attorney's Office for the Southern District of New York, Michele Spagnuolo, a Google security engineer, has been arrested and charged for allegedly using material non-public information to trade on

According to Jin10, on May 28, Ukraine and Russia exchanged major strikes across multiple fronts. Five Ukrainian regions experienced blackouts following a new Russian offensive, while Ukrainian drone strikes ignited fires at Russian Black Sea ports. Russian forces claimed to have captured

According to CME's Federal Reserve Watch data released on May 28, the Federal Reserve has a 99.9% probability of holding interest rates unchanged in June. Looking ahead to July, there is a 91.4% probability the Fed will maintain rates at current levels, while markets assign an 8.5% probability to a

According to Miles Suter, Bitcoin Product Lead at Block, Inc., Cash App users can now send and receive USDC stablecoins on Solana, Ethereum, Polygon, and Arbitrum on Wednesday. Transfers run from existing USD balances with no additional fees, separate wallets, or chain management

Between 21:30 and 21:45 UTC on May 27, 2026, ETH saw a sharp drop of 1.14% within 15 minutes. The price range was 2,024.29–2,056.22 USDT, with a swing of 1.55%. After the day’s high touched $2,137.20, it fell back sharply, showing a clear spike-and-reversal pattern and a significant increase in market volatility. The main driver behind this disruption was resistance at a key technical level being rejected. The day’s high hit $2,137.20 but failed to break the $2,150–2,220 resistance zone, trigger

From 21:30 to 21:45 UTC on May 27, 2026, BTC fell 0.62% within 15 minutes, with a price range of 74,438.0 to 75,108.6 USDT and a 0.89% amplitude. This period fell in the low-liquidity window after the U.S. stock market closed. The slight dip drew market attention; overall volatility remained within the usual daily range, but it reflects the market’s cautious sentiment near key resistance levels. The main driver behind this move was technical pullback pressure. When BTC tested the $71,000 psychol

According to an assessment commissioned by the U.K. government and headed by former Labour Health Secretary Alan Milburn, the number of young people not in education, employment, or training (NEET) is projected to surge from approximately 1 million currently to 1.25 million within five years. The as

According to Politico, the U.S. military has deployed forces to the Caribbean capable of executing an attack on Cuba awaiting presidential approval. The Pentagon has positioned troops over recent months as the region now hosts the largest concentration of American military assets globally outside th