Gate Crypto Flash News and Market Updates

According to Guru Club, World Semiconductor's CFO forecasted on June 4 that global custom AI chip revenue will exceed $270 billion by 2030. The CFO noted that this figure will "continue to be revised upward."

According to Guru Club, today (June 4), AX Coin Bahrain B.S.C., a subsidiary of Huaying Group (Nasdaq: AXG), received its first digital currency issuer license from Bahrain's Central Bank (CBB). The license permits AX Coin to operate as a regulated digital currency issuer under CBB's framework,

Today, President Trump downplayed the threat of mines in the Strait of Hormuz, telling reporters the U.S. military has 'cleared most of them.' He stated the waterway would open 'immediately' once Iran signs a memorandum of understanding to cease armed hostilities and following mine-clearing

According to the Wall Street Journal, Trump told aides that he would only restart military conflict in the event that U.S. soldiers are killed in an attack.

According to U.S. media reported on June 3, President Trump privately told aides he would consider ending the ceasefire with Iran if U.S. soldiers die in combat with Iran.

According to Guru Club, most Chinese domestic commodity futures fell during morning close on June 4, with palladium and lithium carbonate dropping over 3%, bottle-grade PET declining nearly 3%, and nickel, stainless steel, alumina, natural rubber (NR), and polyvinyl chloride (PVC) falling over 2%.

According to the Wall Street Journal, Meta postponed the release of its Muse Spark AI model API due to software flaws and infrastructure problems. The company plans to launch the API in June.

According to the UK Competition and Markets Authority (CMA), the regulator ordered Google on June 3 to overhaul its artificial intelligence search service. Under the new rules, British website operators and publishers can opt out of Google's AI Overview feature to prevent their content and links

According to Kalshi, the prediction market platform, traders see an 80% probability that Bitcoin will drop below $60,000 in 2026 as of June 4. If this prediction materializes, it would mark a new low for the year, breaking through February's low point. Kalshi data also shows a 52% probability of Bit

On June 3, SpaceX secured tax incentives for its Terafab chip manufacturing project in Grimes County, Texas. The initiative expands SpaceX's business beyond rockets and satellite communications into advanced computing infrastructure and domestic chip production—a growth pillar investors view as

According to NASA's announcement on June 3, the Mars Atmosphere and Volatile Evolution (MAVEN) spacecraft formally ended its mission after more than 11 years in Martian orbit. The probe, launched in November 2013 and entered Mars orbit in September 2014, lost contact with Earth on

According to Beating, at Thursday's shareholder meeting in Hsinchu, TSMC Chairman and CEO C.C. Wei reaffirmed the company's full-year revenue growth forecast of over 30%, while also signaling that global chip supply will remain unable to meet surging AI demand for years to come. TSMC plans to

According to Beating monitoring, OpenAI's Codex encountered 3 reliability failures in the past 24 hours, prompting Codex lead Thibault Sottiaux to announce on X that all paid-plan users' usage credits have been reset as compensation. Developers also reported auto-compression errors causing

According to Coinglass, XRP fell sharply to $1.15712 on June 3, down 5.19% in 24 hours with a daily low of $1.14092. The price remained near its recent range lows as persistent selling pressure continued. XRP liquidations reached $25.64 million over the past 24 hours, with long positions

On June 1, the Organization for Economic Cooperation and Development (OECD) released a report on industrial subsidies, stating that Chinese enterprises received the most subsidies among surveyed economies. In response, China's Ministry of Commerce stated that subsidies are a common policy tool

According to Jin10, Hong Kong interbank offered rates (Hibor) declined across all major tenors on Thursday, June 4. The overnight Hibor fell 15 basis points to 1.23758%, temporarily retreating from a half-month high. The one-week Hibor dropped 7 basis points to 1.31394%, while the two-week Hibor dec

According to updated regulatory filings, SpaceX has locked in its IPO pricing at $135 per share on June 3, targeting a June 12 Nasdaq debut under ticker SPCX. The company will issue approximately 556 million shares, raising roughly $75 billion and valuing the aerospace firm at approximately $1.77

According to Odaily Seer, the Spurs' championship probability on predict.fun plunged to 47% in 24 hours (down 18%), while the Knicks' surged to 56%, after the Knicks defeated the Spurs 105-95 in Game 1 of the 2026 NBA Finals earlier today. The betting event has generated over $627 million in total t

Gate News message, FG Nexus has recorded losses exceeding $85 million on its Ethereum treasury position. The firm purchased 50,770 ETH for $196 million at an average price of $3,860 during August-September 2025. Starting in November 2025, FG Nexus sold 36,025 ETH for $83.92 million at an average pri

According to Guru Club, Indonesia's benchmark stock index fell 4.2% to 5688.574 points today (June 4), marking its lowest level since December 2020.