Gate Crypto Flash News and Market Updates

According to a recent interview, Jamie Dimon, CEO of JPMorgan Chase, said banks will oppose the CLARITY Act during the upcoming markup session. Dimon criticized the proposed cryptocurrency regulatory framework for lacking adequate investor protections and failing to address anti-money laundering

According to Jin10 Futures, on June 4, pulp futures warehouse inventory rose to 232,741 tons, up 5,623 tons from the previous trading day. Low-sulfur fuel oil warehouse inventory fell to zero, down 2,000 tons. Inventory for the remaining eight energy and chemical products remained

According to London Stock Exchange Group data, French base-load electricity prices surged 293.94% to €32.5/MWh recently.

According to The Korea Herald, Hyundai Motor Group, Nvidia, and South Korea's Ministry of Science and ICT are in late-stage talks to establish an AI technology center, industry and government sources said. The discussions follow an October 31, 2025 memorandum among the three parties to build an Nvid

According to CCTV Finance and China's National Development and Reform Commission, domestic gasoline and diesel prices will drop effective tonight (June 4). National average 92-octane gasoline will fall 0.41 yuan per

On June 4 at market close, multiple China-focused commodity ETFs declined. Xinhua Energy and Chemical Futures ETF led losses with a drop exceeding 2%, while Huaxia Soybean Meal Futures ETF, Dachengrui Non-Ferrous Metals Futures ETF, and Guotai Silver Futures (LOF) each fell over 1%. Guolian An

According to Jin10, Shanghai gold was quoted at 974.87 yuan per gram at noon on June 4, trading at a premium of 2.13 yuan per gram compared to the international gold price of 972.74 yuan per gram.

Spot platinum and palladium prices rose today at noon Beijing time (15:00), with platinum gaining 1.03% and palladium advancing 0.10%.

On June 4 opening (Thursday), European equity indices showed mixed performance. Germany's DAX 30 rose 32.37 points to 24,844.00 (+0.13%), while France's CAC 40 gained 4.57 points to 8,154.99 (+0.06%). Spain's IBEX 35 advanced 11.52 points to 18,187.52 (+0.06%) and the Stoxx 50 climbed 1.59 points to

According to Foresight News, U.S. Senator Cynthia Lummis recently told CNBC that JPMorgan Chase CEO Jamie Dimon's position on the proposed CLARITY Act is "completely wrong" and suggested he has not read the legislation. Lummis was responding to Dimon's earlier criticism of the bill and stablecoins o

According to a European Central Bank (ECB) report published on June 2, Tether purchased over 100 tons of gold in 2025, becoming the single largest buyer globally and surpassing Poland, the largest gold-purchasing nation. The ECB highlighted the macroeconomic implications of stablecoin expansion at t

Switzerland's seasonally unadjusted unemployment rate rose to 3.1% in May, beating the prior month's 3.0% but missing expectations of 3%. The data was released on June 4.

According to China's National Development and Reform Commission (NDRC), domestic gasoline and diesel (standard grade) prices will be reduced by 525 yuan and 505 yuan per ton, respectively, effective June 4 at

Switzerland's unemployment rate for May (seasonally adjusted) came in at 3.0%, matching both forecasts and the previous month's reading.

According to Tencent customer service confirmed by Beating, WeChat is collaborating with major smartphone manufacturers including Huawei, Xiaomi, Honor, OPPO, and vivo to introduce an A2A (Agent-to-Agent) assistant capability. The system AI from phone manufacturers can directly send instructions to

According to Lebanese national media, Israeli Defense Minister Itamar Ben-Yahya said on June 4 that Israeli forces will continue operating in southern Lebanon's so-called "security zone" and will maintain control of strategic areas, including the recently captured Beaufort Castle. Ben-Yahya stated t

According to BlockBeats, Meta launched Business Agent AI assistant on June 4, expanding access to enterprises globally. The tool can be deployed in minutes and handles automated customer responses, product recommendations, appointment scheduling, lead qualification, and sales completion, with

According to CNBC reporting in May 2026, printed circuit boards (PCBs) made in the U.S. have plummeted from 30% of global supply to just 4%, while China now manufactures over 60% of the world's PCBs. The shift poses significant national security concerns, as PCBs underlying AI chips and defense

According to Onchain Lens, whale Evaded's ZEC short position was completely liquidated on June 4, resulting in a $2.9 million loss. The whale subsequently opened a new 10x ZEC short position, bringing cumulative losses to over $5.4 million.

According to CNBC, Amazon engineers testified at Seattle City Council hearings on Wednesday against the company's $200 billion AI data center investments while laying off 30,000 corporate staffers. Patrick Schloesser, a software engineer at Amazon Web Services, stated that Amazon is committing