Gate Crypto Flash News and Market Updates

According to The Block, the SEC sued Nathan Fuller, founder of Privvy Investments LLC, on May 31 for operating a cryptocurrency fraud scheme worth $12.3 million. Fuller solicited approximately 150 investors across nine U.S. states and two foreign countries between October 2022 and mid-2024,

According to BlockBeats, citing Hyperinsight monitoring data, on June 1, HYPE's largest short seller Loracle reduced short positions from $108 million to $60 million over 36 hours, with unrealized losses of $22.5 million. The trader's 893,000 unstaked HYPE tokens, worth approximately $59 million,

Japan's Nikkei 225 index hit a record high on June 1, with gains expanding to 0.6% intraday. SoftBank Group surged 6% during the session. South Korea's KOSPI (Korea Composite Stock Price Index) expanded gains to 1.1% the same day.

Goldman Sachs raised its LME copper price forecast for end-2026 to $13,735 per ton and upgraded its average copper price projection for 2027 to $13,800 per ton.

South Korea's imports grew 20.8% year-on-year in May, falling short of expectations of 22.7% and slowing from April's 16.7% growth.

In May, South Korea's imports grew 20.8% year-over-year, below the forecasted 21.5%, according to latest economic data. The reading represents a slowdown from the prior month's 16.70% growth rate.

According to Odaily, MicroStrategy Chairman Michael Saylor posted a 'Working Better' message on Sunday alongside a chart tracking the company's bitcoin purchases over the past six years. The chart pattern historically precedes announcements of new bitcoin acquisitions by the company.

China's central bank will have 908.9 billion yuan in reverse repurchase agreements (repos) maturing this week, according to public market data. The maturities are distributed across the week as follows: Monday through Friday will see 258 billion yuan, 249 billion yuan, 177.6 billion yuan, 101.3 bill

Japan's corporate capital expenditure (capex) growth slowed to 0% year-on-year in the first quarter, down from 6.50% in the prior quarter, according to government data.

According to Japan's Ministry of Finance, Japanese companies' ordinary profit increased 14.6% year-on-year in the first quarter of 2026 (January-March).

U.S. crude oil futures closed lower on May 31, falling 1.28% to $87.76 per barrel, with a weekly decline of 9.15% and a May loss of 12.76%. Brent crude dropped 0.87% to $91.89 per barrel, declining 8.31% for the week and 14% for the month. COMEX gold futures rose 0.83% to close at $4,569.90 per

According to Jin10, U.S. President Trump refuted CNN's claims on June 1, stating that the Iran nuclear deal explicitly prohibits Iran from possessing nuclear weapons. Trump argued that the agreement contains extensive and stringent provisions addressing all aspects of nuclear issues, which form the

According to cybersecurity firm Cyble, a newly discovered Android trojan called OverlayPhantom has been targeting over 180 banking, financial and cryptocurrency applications across 10 countries since May 2025. The malware is distributed through malicious URLs impersonating trusted apps, including

According to Jin10, CBOT soybean futures fell 0.7% on Friday (May 30), driven by long liquidation ahead of month-end. A U.S.-Iran ceasefire agreement sparked a 2% decline in crude oil futures, weighing on agricultural commodities. Since corn and soybeans are commonly used biofuel feedstock, they

According to Jin10 Futures, CBOT corn futures fell 1.9% on Friday, tracking a 2% decline in crude oil prices following reports that the U.S. and Iran had reached a ceasefire agreement. U.S. Department of Agriculture export sales data showed that

According to South Korean media reports, the country's prime minister is likely to submit his resignation in June.