Gate Crypto Flash News and Market Updates

According to a government announcement, India has extended a temporary program allowing household distribution of kerosene for cooking and lighting purposes through June 30, 2026.

According to Jin10, Russian President Putin said on June 4 while meeting with leaders of major international news agencies in St. Petersburg that Russia is open to dialogue with Europe. Putin emphasized that it was not "evil Russia" that stopped supplying energy to Europe, but rather Europe that

According to Coinbase, on June 3 the exchange froze more than $3 million in cryptocurrency assets tied to criminal scam networks across Southeast Asia. The action was part of the U.S. Department of Justice's Disruption Week initiative held May 18-21, which coordinated Apple, Google, Meta,

Coinbase announced on June 4 that it will launch a token-backed mortgage down payment product this summer through a partnership with Better Home & Finance. The initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down

South Korea's won fell to 1540.67 per dollar on June 4, marking its lowest level since March 2009. The currency declined throughout the day, breaking through the March 31 support level of 1537.11 and approaching the March 10, 2009 low of 1562.50. The day ended with the won closing at 1532.53, up 0.1

According to U.S. Labor Department data announced on Thursday, initial jobless claims for the week ending May 30 came in at a seasonally adjusted 225,000, exceeding the consensus forecast of 213,000. In response, spot gold prices climbed above $4,500 per ounce, with the metal trading at $4,500.85 an

According to Jin10 data, Russian President Putin stated on June 4 that controlling the Donbas region and reaching a peace agreement with Ukraine are not mutually exclusive. While meeting with heads of major international news agencies in St. Petersburg, Putin said Russia has fully controlled the

According to Maelstrom researcher Lukas Ruppert on X, Worldcoin's WLD token could reach $5 by August, roughly 900% above its current price of $0.50. Ruppert called WLD the most underpriced crypto proxy for the upcoming wave of artificial intelligence IPOs. WLD has already surged 60% over the past

According to The Information, Goldman Sachs predicts SpaceX's capital expenditure will reach $360 billion by 2028, with 80% of that spending directed toward artificial intelligence. The bank also projects the company will burn through $350 billion in cash by 2030.

According to Xinhua, on June 4, Russian President Putin said Russia is fully prepared and willing to conduct peace negotiations with Ukraine at a U.S. military base in Anchorage, Alaska. Putin stated that Russia is ready to accept compromise proposals agreed upon during a Russia-U.S. leaders

According to Saleh Al-Solami, CEO of Saudi Arabia's National Industrial Development Center (NIDC), the country aims to expand its phosphate fertilizer production to 18 million tons by 2040, up from the current 6 million tons. The announcement was made at the St. Petersburg International Economic

According to ChainCatcher, Binance Futures will convert QNTXUSDT Pre-IPO perpetuals to standard QNTXUSDT TradFi perpetuals tomorrow (June 5) at 02:00 UTC. The mark price smoothing process may take up to 3 hours, but trading functionality will remain unaffected. Open orders and positions will not

According to Xinhua, on June 4, Russian President Vladimir Putin stated that strong relations between Russia and China's leaders form a solid foundation for advancing bilateral cooperation with new prospects. Putin made the remarks while meeting with heads of major international news agencies

Crypto exchange Bybit has added support for Western Union's USDPT stablecoin, marking the first time a major cryptocurrency trading platform has listed the payments company's digital dollar. According to Bybit, USDPT is now available for holding, trading, and transfers on the platform. Western Union

Gate News bot message, Gate market data shows BTC falling below 63,000 USDT, with the current price at 62,996.5 USDT.

According to shipping data, Iran's oil exports fell below 300,000 barrels per day in May, marking the lowest level in at least six years.

Quantinuum Inc. opened at $68 per share on its first trading day, 13% above the $60 IPO price. The Honeywell-backed quantum computing company raised $1.68 billion through the offering.

According to Jin10, Federal Reserve official Daley indicated on June 4 that artificial intelligence could lower inflation over the next 5-10 years when asked about the medium-term economic outlook.

According to Barclays' May survey of over 400 buy-side investment institutions, hedge funds are the largest users of AI among fixed-income investors, with over 70% employing it daily. In contrast, long-only funds and asset owners lag behind, with adoption rates of 49% and 38% respectively. The

According to Commonwealth Fusion Systems, five peer-reviewed papers have validated the underlying physics of its first commercial-scale fusion power plant. The company aims to supply energy to the grid via a facility in Virginia by the early 2030s, with a demonstration unit currently under