Gate Crypto Flash News and Market Updates

Japan's bank lending, including trust accounts, rose 5.7% year-on-year in May, according to official data, up from 5.4% in the prior month.

Japan's first-quarter GDP deflator came in at 3.2% year-over-year on a final basis, down from both the initial estimate and market expectation of 3.4%.

Japan's bank lending excluding trust accounts grew 6.3% year-on-year in May, up from 6% in the previous month, according to official data.

According to China Earthquake Networks Center, a magnitude 8.2 earthquake struck near the Philippines on June 8 at 7:37 AM (UTC+8). The center's automatic detection system confirmed the preliminary reading, with the final magnitude to be verified in the official rapid assessment

Japan's unadjusted current account surplus reached 39,078 billion yen in April, surpassing the forecast of 31,367 billion yen. The figure declined from 46,815 billion yen in the previous month.

According to BlockBeats, on June 8, whale trader 'First Set 10 Big Targets' updated its $170 million long position on X, setting take-profit levels at $65,000-$66,000 and stop-loss at $59,500. The position had accrued $8.78 million in unrealized gains at the time of

Nikkei 225 index futures declined 4.3% in premarket trading today.

According to hashrateindex.com data, Bitcoin's network hashrate fell 145 EH/s to 885 EH/s since May 28, 2026, with hashprice declining 26.96% to $28.26 per petahash per second over the same period. Elektron Energy CEO Rapha Zagury has called this Bitcoin's first historic "hashrate bear market,"

According to CNBC citing OPEC+ sources, OPEC+ may increase its daily production targets by approximately 188,000 barrels starting July. The adjustment would bring output closer to previously planned levels amid global energy market

According to Jin10, NAVER and Nvidia announced on June 8 a partnership to build autonomous AI infrastructure based on Nvidia's DSX platform. The initial deployment will launch at NAVER's Sejong GAK data center with 55 megawatts of capacity, with plans to scale to gigawatt levels to serve South

According to BlockBeats citing on-chain analyst Ai Mei, a whale address resumed activity on June 8 after six months dormancy. The entity deposited 10,570 ETH and borrowed 16 million USDS, then purchased 14,730.36 wstETH at an average price of $2,028. The whale subsequently borrowed an

According to on-chain analyst Ai 姨, a whale address accumulated $59.85 million in WBTC and ETH purchases over the past 24 hours this morning via Cowswap. The address bought 158.57 WBTC (approximately $10 million) at an average cost of $63,060.32 per coin and 31,065.58 ETH (approximately $49.85 milli

According to Bloomberg, on June 7, Nvidia CEO Jensen Huang announced in Seoul that the company's new Vera data center CPU will use memory from SK Hynix. The announcement extends the supplier relationship between Nvidia and the South Korean memory manufacturer, which already includes high-bandwidth m

According to Ukrainian President Volodymyr Zelenskyy on June 7, Ukraine proposed a new conflict resolution framework centered on an immediate ceasefire and maintenance of current battle lines, followed by diplomatic negotiations to resolve disputes. Zelenskyy emphasized this approach is the

A U.S. official told Axios on June 7 that there are no signs of an imminent Israeli strike on Iran.

According to Bybit, the Dubai-based crypto exchange launched IPO Express on June 7, a product enabling eligible users to subscribe to tokenized initial public offerings. The debut offering features a SpaceX-related token powered by xStocks from Payward Services, parent company of Kraken.

According to News1, Doosan and NVIDIA announced on June 7 a partnership to expand collaboration across energy, electronic materials, and robotics businesses, with focus on AI factory applications.

According to Bloomberg, OpenAI plans to redesign ChatGPT in the coming weeks into a superapp that integrates coding tools, image generation, and partner applications including Canva and Booking.com. The move aims to position OpenAI as a multi-step AI agent platform capable of handling complex

SK Telecom plans to build a gigawatt-scale AI cloud in South Korea leveraging Nvidia technology. The company's first AI factory is scheduled to go online in 2027, according to the announcement.

SK Hynix announced a partnership with NVIDIA to jointly develop next-generation memory and graphics memory solutions for global AI infrastructure. The long-term collaboration aims to secure stable supply chains given