Gate Crypto Flash News and Market Updates

On June 2, Hamas denied reports claiming it refused to transfer governance of the Gaza Strip, stating such statements are "inaccurate and misleading." The movement said these claims aim to provide cover for Israel's continued operations in Gaza.

According to Jin10 Futures, crude oil and precious metals rose overnight on June 3 as market concerns over supply disruptions intensified. WTI crude rose 1.33% to $93.39 per barrel, while Brent crude climbed 1.01% to $95.94, driven by a larger-than-expected decline in U.S. API crude inventory last w

According to Bloomberg, Barry Callebaut CEO Hein Schumacher warned on June 2 that El Niño could reduce cocoa production in Ecuador and West Africa, regions accounting for 60% of global output. Schumacher stated that the climate phenomenon may cause cocoa prices to surge by thousands per ton.

Spot silver declined over 1% during intraday trading on June 2, with prices currently at $74.36 per ounce.

Job openings in the United States climbed to their highest level in two years during April, according to the latest Job Openings and Labor Turnover Survey (JOLTS), surpassing expectations and signaling robust labor market resilience amid ongoing interest rate considerations. Meanwhile, the

WTI crude oil gained 2.00% intraday on June 2, trading at $97.21 per barrel amid reports of explosions from multiple Middle East nations.

According to the World Meteorological Organization (WMO) on June 2, a moderate to strong El Nino phenomenon is forming as abnormally warm ocean waters intensify atmospheric conditions. The WMO forecasts that most regions globally will experience above-average temperatures during June through

On June 1, Senators Bernie Sanders and Elizabeth Warren, along with Representative Robert Scott, urged the Department of Labor to reject a proposed rule that would allow 401(k) retirement plans to include cryptocurrencies and other alternative assets. In a letter to Acting Secretary Keith

iShares Silver Trust, the world's largest silver ETF, saw holdings decrease by 44.53 tons day-over-day, bringing current holdings to 15,036.17 tons as of June 1.

According to Kuwait's military statement released early on June 3, the country's air defense forces intercepted incoming missiles and drones. Explosions heard in the area were the result of air defense interceptions, the military said. Reports indicated that a U.S. military base in Kuwait came

WTI crude oil rose over 1% during intraday trading on June 2, reaching $96.23 per barrel.

According to China Securities Journal, Shanghai tin futures surged 39% to a high of 449,960 yuan/ton since late March, climbing from a low of 323,010 yuan/ton, driven by tight global supply and rising demand from AI and semiconductor sectors. Supply constraints stem from delayed production

From 22:45 to 23:00 (UTC) on June 2, 2026, ETH saw a rapid drop within 15 minutes, with a return of -1.26%. The price ranged from 1862.08 to 1892.31 USDT, with a volatility of 1.60%. Market volatility noticeably accelerated, and short-term sell pressure concentrated and released. The main driver behind this move was the breakdown of a key technical support level, which triggered the centralized closing of leveraged positions. After the support near 1860 USDT was breached, automatic sell orders w

From 22:45 to 23:00 (UTC) on June 2, 2026, BTC rapidly fell within 15 minutes, with a return of -0.84%. The price ranged from 66,248.9 to 66,950.6 USDT, with a volatility of 1.05%. The price broke below the $70,000 key support level for the first time since April 2026, and market volatility noticeably increased. The main driver behind this move was Strategy’s first-ever sale of BTC, breaking the “Never Sell” commitment that had been in place for four years. On June 1, 2026, Strategy formally ann

According to the European Central Bank, as of the end of 2025, gold accounted for 27% of global official reserves, surpassing US Treasuries which held a 22% share. Gold is now the largest reserve asset globally, marking a significant shift in central bank reserve

According to S&P Global, Australia's May composite PMI ended at 48.7, up from 47.8 in April.

Australia's AIG/PWC manufacturing performance index improved to -22.4 in May from -27.9 in April, marking a 5.5-point expansion in activity levels.

Australia's AIG Construction Performance Index rose to -9.9 in May from a prior reading of -19.3, marking an improvement in the sector's monthly assessment.

According to the U.S. Treasury Department's Office of Foreign Assets Control, Nobitex and three other Iranian crypto exchanges—Wallex, Bitpin, and Ramzinex—have been designated as sanctions targets. The Treasury cited Nobitex's role in processing more than 50% of Iranian digital asset inflows in 202