Gate Crypto Flash News and Market Updates

According to Xinhua News, on June 5, Tencent's Chief AI Scientist Yao Shunyu stated that artificial intelligence is a "long-term game" and the industry's second phase has just begun. Yao said the current landscape mirrors the early PC era of the 1970s, and he does not believe ChatGPT and Anthropic w

The U.S. dollar index trades at 99.41, down 0.03% intraday as of June 5.

Gate News message, during the recent market downturn, several publicly traded companies have seen substantial unrealized losses on their cryptocurrency holdings. Strategy recorded an unrealized loss of $11.07 billion on $BTC, while Bitmine saw $9.58 billion in losses on $ETH. SharpLink's $ETH holdin

According to Mynth, multi-chain trading protocol Novaswap will cease operations on June 30, 2026. The developer stated that despite strong performance in security and functionality, insufficient market demand for fast and secure cross-chain experiences could not sustain continued expansion. All

According to Bank Reg Blog, on June 5, Arjun Sethi, co-CEO of Kraken, signed an agreement to acquire Summit National Bank in Wyoming for $5.5 million. The bank is in bankruptcy proceedings and had previously seen multiple sale attempts fail. The transaction is conducted in Sethi's personal

SPDR Gold Trust, the world's largest gold ETF, saw holdings decline by 1.713 tonnes on June 4, bringing total holdings to 1,025.144 tonnes.

According to S&P Global, the company rejected a proposal on June 5 to expedite inclusion of major IPOs like SpaceX into the S&P 500 Index. S&P Global stated it will maintain its existing qualification requirements for the index, refusing to shorten the current 12-month maturity period for newly

iShares Silver Trust, the world's largest silver ETF, saw holdings decline by 0.02 tonnes yesterday to a current level of 15036.15 tonnes.

NBA China and Alibaba unveiled their official AI chatbot NBA Chat today (June 5), powered by Alibaba's Qwen large language model. The platform integrates historical game data and in-depth player analysis to deliver intelligent basketball Q&A services for

According to Coinglass data cited by ChainCatcher, Coinbase's Bitcoin premium index has maintained negative levels for 18 consecutive days, currently at -0.1347%, reflecting sustained weakness in U.S. market purchasing power. The Coinbase Bitcoin premium index measures the price difference between B

According to Jin10, offshore yuan Hong Kong interbank offered rates (Hibor) on June 5 showed most key tenors holding steady, with the one-year Hibor edging down to 1.65000%, matching the record low set on Tuesday. The two-week Hibor fell to 1.31394%, while overnight Hibor rose 4 basis points to 1.27

Gate News, June 5: According to Gate market data, as of the time of writing, ZEST (Zest Protocol) is trading at $0.16. It is up 101.22% over the past 24 hours, with a high of $0.31 and a low of $0.13. The 24-hour trading volume is $6.0578 million. Its current market cap is about $40.4963 million. Zest Protocol is the largest Bitcoin lending protocol, built by the BTCFi team with the longest existing track record. It has support from top investors including Tim Draper, CZ’s Yzi Labs, and Muneeb (

According to Beating, on June 4 at the Sohn Montreal Investment Conference, Whale Rock founder and CEO Alex Sacerdote disclosed that Anthropic's Claude has seen daily active users surge to 14 million, up from 2 million last year. Sacerdote predicted Claude's eventual user base could reach 500 millio

According to the Wall Street Journal on Thursday, JPMorgan, Citigroup, Bank of America, Wells Fargo, and other major U.S. banks plan to launch a tokenized deposit network in early 2027 through the Clearing House, a payments company owned by the consortium. The platform, internally referred to as "th

Senator Cynthia Lummis led a group of Senate Republicans on June 5 to urge financial regulators for fair capital treatment regarding on-balance sheet holdings of digital assets.

According to Bitget's official announcement, the exchange launched 49 U.S. stock and ETF spot token products on June 5, including rFUTU (Futu Holdings), rJD (JD.com), rBB (BlackBerry), and rNBIS (Nebius), covering artificial intelligence, cloud computing infrastructure,

According to the Texas State Securities Board, on June 3 regulators issued an emergency cease and desist order against BG Wealth Sharing LTD and DSJ Exchange PTY Ltd, targeting an alleged crypto investment and multilevel marketing scheme. The scheme promised investors 60% monthly returns, a 99.6%

According to Guru Club, Singapore's benchmark Straits Times Index fell 1.2% to 5,076.81 on June 4.

According to Jin10, Tencent unveiled its efficiency AI agent toolkit on June 5 at the Tencent Cloud AI conference, covering 20+ vertical scenarios across personal, office, and enterprise use cases. The toolkit includes QClaw, a local AI assistant featuring direct WeChat integration, plus the Buddy p

According to Barron's, Nvidia announced a new PC chip early this week, as memory shortages threaten to cut PC shipments by nearly 20% in the second half of 2026. Memory price surges are hitting consumer electronics sales broadly, with PCs bearing the brunt of the impact as manufacturers face