Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
2026-06-05
04:18

ETH falls 0.38% in 15 minutes: the 200-day moving average turns bearish, and technical weakness triggers sell-off

From 00:00 to 04:00 (UTC) on June 5, 2026, ETH fell 0.38% within 15 minutes, with a price range of 1763.46 to 1770.75 USDT and a volatility of 0.41%. During this period, the price saw a slight pullback; market sentiment was extremely bearish, with the Fear and Greed Index in the 12 “Extreme Fear” range. The main driver behind this drop was the triggering of key technical levels. On June 5, 2026, ETH’s 200-day moving average officially turned downward, a key signal that the long-term trend has we
More
ETH0.76%
04:09

Thailand's May Inflation Slows to 2.79% YoY, Below Central Bank Forecast

According to Thailand's Commerce Ministry data released on June 5, the country's consumer price index rose 2.79% year-over-year in May, decelerating from 2.89% in April and remaining within the central bank's target range. The slower inflation eases pressure for rate adjustments. The Bank of Thaila
More
03:57

Kraken Co-CEO Arjun Sethi to Acquire Wyoming Bank for $5.5 Million

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
More