Gate Crypto Flash News and Market Updates

According to Michael Saylor, founder of MicroStrategy, capital markets have deployed approximately $400 billion toward artificial intelligence infrastructure development over the past 6 months, marking an unprecedented scale of funding concentration in the

ARM Holdings (ARM-US) surged 277% year-to-date in 2026, becoming one of the best performers in the S&P 500, according to Bloomberg, driven by investor optimism over its expansion into AI chip design. The stock rallied 97% from its May 15 low following a Federal Trade Commission antitrust probe,

The U.S. non-farm unit labor costs in Q1 came in at 1.8%, missing market expectations of 2.4% and falling short of the preliminary estimate of 2.3%.

U.S. initial jobless claims for the week ended May 30 came in at 225,000, above the forecast of 214,000 and up from 215,000 in the prior week.

According to Gate data, on June 4, WTI crude futures fell 4.20% to $91.991 per barrel, while Brent crude dropped 3.88% to $94.011 per barrel. Spot gold climbed to $4,500, gaining 1.49% intraday, and spot silver advanced 2.04% to $74.18 per

According to Odaily, the U.S. stock market experienced a broad selloff today, driven by increased risk-averse sentiment. Prominent investor Serenity characterized the decline as a normal market correction, stating that the long-term uptrend remains intact and investors should not turn bearish on the

According to Businesswire, Visa announced a partnership with Brale to explore the feasibility of using Brale-issued USD-backed stablecoin SBC for institutional payment settlement on Canton Network. The proof-of-concept aims to evaluate how privacy-preserving blockchain infrastructure can enable

According to Odaily, Nvidia completed the acquisition of Kumo AI, an enterprise predictive AI software company, for over $400 million. Founded in 2022, Kumo AI developed proprietary AI models for enterprise predictive analytics, serving use cases in churn prediction, fraud detection, and demand

According to BlockBeats, Bitwise advisor Jeff Park said on June 4 that Bitcoin's recent selloff is not due to MicroStrategy selling its holdings, but rather to capital rotating into trending assets such as SpaceX and Anthropic that investors see as must-hold

According to Gate's official announcement, the cryptocurrency exchange launched the World Cup Prediction Carnival on June 4, combining match forecasts, trading rewards, and community engagement across all 104 tournament games through July 21. The campaign features a total prize pool

According to on-chain analyst Ash via ChainCatcher, Ethereum bulls accumulated a total of 32,919.2 ETH today by borrowing 58 million USDT from Spark, purchasing at an average price of $1,762 per token.

Morph has released its Agentic Economy report, forecasting that by 2028, AI agents will influence more than $500 billion in global commerce gross merchandise value (GMV). The report predicts that AI agents will initiate more stablecoin payments than human transactions by transaction count, while

According to CoinDesk, Moomoo, the overseas brand of Futu Holdings, has partnered with Kalshi to offer CFTC-regulated event contracts to eligible users. The service enables users to trade contracts linked to events including Federal Reserve interest rate decisions, inflation data releases,

The U.S. initial jobless claims for the week ending May 30 will be released later this morning, followed by a fireside chat featuring Richmond Federal Reserve President Thomas Barkin, a 2027 FOMC voter.

According to a regulatory filing yesterday (June 3), SpaceX set an IPO price of $135 per share, planning to raise $75 billion through a 555.6 million share offering. The space startup would be valued at $1.77 trillion assuming pending spectrum and Cursor transactions close, making it the

According to Xinhua News Agency, Lebanese President Michel Aoun stated on June 4 that the Israel-Lebanon ceasefire agreement can be implemented within 24 hours of final approval. Aoun said he has been in contact with international and domestic stakeholders since early morning to advance the agreemen

Gate News reports that, according to Gate’s official announcement, Gate has launched a stock trading feature that allows users to trade global stocks directly using USDT. The feature is only supported on the App side and requires upgrading to version 8.21.5 or higher. After completing the platform’s basic identity verification, users can transfer USDT to a separate stock account in order to trade. Gate stock trading supports only USDT deposits and transfers; transfers are credited instantly and