Gate Crypto Flash News and Market Updates

According to Jin10, on June 4, Russia and Ukraine escalated military operations across multiple fronts. Russia's Defense Ministry reported 82 Ukrainian drones shot down within a single day, while Russian forces conducted strikes on Ukrainian territory, killing at least 3 people in Kramatorsk. Ukrain

Bitmine Immersion Technologies faces an estimated $8.9 billion in unrealized losses after Ethereum fell below $1,800 on Wednesday, undermining the value of the largest corporate ETH treasury. The company holds more than 5.4 million ETH, representing roughly 4.5% of Ethereum's circulating supply,

According to Bitcoin.com News, XRP dropped to $1.188 on June 3, marking a new year-to-date low as $14.06 million in long liquidations swept the cryptocurrency market. The decline came amid escalating U.S.-Iran military tensions and a broader market sell-off. XRP closed the session just

According to Ukrainian Prime Minister Yulia Svyrydenko on social media platform X, all European Union member states have approved opening Cluster 1 in accession talks between the EU and Ukraine, as well as Moldova. The cluster opening represents a key step forward in Ukraine's path toward EU

Between 22:00 and 22:15 (UTC) on June 3, 2026, the BTC price saw a sharp intraday drop of -0.67%. The trading range was 65,301.0-65,837.6 USDT, with a swing of 0.82%. The market accelerated downward under short-term technical pressure, and volatility expanded somewhat. The main driver behind this move was the convergence of technical oversold conditions and programmatic sell pressure. The price is currently below the 50-day moving average ($76,655.41) and the 200-day moving average ($78,802.22).

According to CME FedWatch Tool data, the Federal Reserve has a 98.4% probability of holding rates steady in June and a 1.6% probability of cutting by 25 basis points. For July, the probability of maintaining current rates stands at 90.2%, with an 8.4% chance of a 25 basis point rate increase and a 1

According to Guru Club, offshore Chinese yuan (CNH) fell 180 points against the U.S. dollar to 6.7803 on Wednesday (June 3) New York close. The currency traded within a daily range of 6.7612-6.7817 yuan per dollar.

According to Guru Club, WTI July crude oil futures rose 2.41% to $96.02 per barrel on June 4. Brent August crude oil futures climbed 1.89% to $97.81 per barrel.

According to a Paybis report released in June 2026, stablecoins represented 86% of the crypto exchange and payments provider's platform activity in April, up sharply from 12% in mid-2023.

On Jun 3, Israel's tax authority reported disappointment with voluntary crypto disclosures, with only 58 filers participating in the procedure despite expecting billions of dollars worth of cryptocurrency holdings to be reported.

WTI crude oil opened lower on Thursday (June 2), declining 0.5% to $97.38 per barrel.

On June 3, Latin American stocks and currencies declined sharply as investors withdrew from risk assets amid renewed Middle East conflict concerns and fresh worries over potential U.S. tariffs targeting major regional economies. The MSCI Latin America Index fell 2.6%, marking its lowest level in ove

Nineteen new U.S. AI billionaires emerged in 2026 with a combined net worth of $59.3 billion, according to multiple investor tallies. The founders span coding agents, legal AI systems, and data infrastructure startups. Reflection AI co-founders each hold an estimated $4 billion fortune, while

Speaking on Wednesday, Treasury Secretary Scott Bessent urged lawmakers to pass the Crypto Clarity Act this summer, citing the need for a federal framework to bring digital asset activity under clearer U.S. rules. During a Senate Finance Committee hearing on the 2027 budget, Bessent emphasized the b

According to PinionNewswire, Genius and Ergonia Trading today launched GeniusFi, a proprietary automated market maker (propAMM) on BNB Chain aimed at bringing centralized exchange-level pricing efficiency on-chain. Unlike traditional AMMs such as Uniswap and PancakeSwap, GeniusFi actively manages in

From 21:30 to 21:45 UTC on June 3, 2026, ETH recorded a short-term rally of +1.51% within 15 minutes. The price quickly probed the $1,800.57 to $1,839.91 USDT range, with a 2.18% amplitude. Against the backdrop of overall market pressure and ETH falling back more than 60% from its intra-year high, this move is typical of a technical rebound, with significantly increased market attention. The main driver of this move is technical oversold repair. The RSI indicator is in the 25–31 range, near the

According to Yonhap News on June 4, South Korea's ruling Democratic Party secured a decisive victory in local elections held on June 3. Based on preliminary vote counts, the party won control of most regional and municipal administration offices. Of the 16 provincial governor and metropolitan

According to the Federal Reserve Beige Book, prices are rising at a moderate to strong pace across most regions, with Middle East conflict-related energy costs emerging as the primary driver of inflationary pressure. The surge in energy costs is affecting shipping, packaging, food, and fertilizer s

According to Iranian media Fars News, Iran has outlined a four-stage plan for reaching agreement with the United States. The first stage focuses on ceasing military operations across all fronts involving Iran, the U.S., and resistance axis forces. The second stage covers implementation measures on f

According to Bitwise Europe, Bitcoin retraced to $72K in May after global Bitcoin ETPs recorded net outflows of $1.031 billion in the second half of the month. The cryptocurrency initially crossed $83,000 on U.S.-Iran de-escalation reports but faced rejection near the 200-day moving average. Bitwis