Gate Crypto Flash News and Market Updates

According to BTIG chief market technician Jonathan Krinsky, S&P 500 Information Technology Index's relative strength index (RSI) surged to 82 this week, breaching the overbought threshold of 80 and reaching 28% above its 200-day moving average. This extreme reading has occurred only 10 times

On June 8, China's commodity-linked ETFs posted mixed results at market close. Cinda Energy and Chemical Futures ETF gained 3.49%, while China Investments and Silver Futures (LOF) fell over 6%. Other funds, including Huaxia Soybean Meal Futures ETF, Dacheng Non-Ferrous Metals Futures ETF, Nanjing

According to on-chain monitoring cited by blockchain analysts, an early Ethereum holder sold approximately $188 million in ETH, wrapped staked ETH and wrapped Bitcoin before a recent market crash, then began repurchasing major crypto assets at lower prices. The whale sold 60,000 ETH worth

According to CoinAnk, over the past 24 hours, $521 million in positions were liquidated across cryptocurrency markets, with short liquidations accounting for $386 million and long liquidations representing $135 million. Bitcoin accounted for $241 million of total liquidations, while Ethereum

According to SoSoValue data, Hype Spot ETFs saw net inflows of $16.65 million during last week's trading days (June 1-5). Bitwise ETF BHYP led with $7.68 million in weekly net inflows, bringing its historical cumulative net inflows to $89.50 million. Grayscale ETF HYPG received $4.70 million in wee

According to Ethereum Korea, Base Layer 2 experienced over 30 hours of withdrawal delays following its Azul upgrade on May 28, due to a TEE enclave bug that stalled state updates. The upgrade aimed to strengthen Base's optimistic rollup structure by integrating Trusted Execution Environment (TEE)

According to the Israeli Defense Forces, the Israeli Air Force struck multiple targets at the Mahshahr petrochemical complex in southwestern Iran on June 8 morning. Iranian media reported that part of the facility sustained damage. No casualties have been reported so far, and relevant authorities ar

According to SoSoValue data, XRP spot ETFs saw net inflows of $2.62 million during the trading week of June 1-5 (US Eastern Time). Canary ETF XRPC led the inflows with $4.13 million for the week, bringing its total historical net inflows to $459 million, while Franklin Templeton's XRPZ

According to SoSoValue, Bitcoin spot ETFs recorded net outflows of $1.72 billion for the week ending June 5, marking the second-highest weekly outflow on record. BlackRock's IBIT led the outflows with $1.337 billion net redemptions for the week, while holding cumulative inflows of $62.47 billion to

According to ChainCatcher, Serenity recently added Easetak (ESA, 300376) and several other power semiconductor companies to its 800V DC supply chain watchlist, including Infineon (IFNNY), onsemi (ON), Vicor (VICR), Navitas (NVTS), and Wolfspeed (WOLF). Serenity indicated it will continue

According to Guru Club (吴晓波频道), between 2020 and 2024, artificial intelligence became the most rapidly expanding academic field in China, with over 400 new AI program points established across more than 600 universities. Recent data from Macroaxis Research shows that only 55% of 2024 AI

According to media reports, on June 8, air raid sirens were activated across multiple cities in Israel, including Haifa and other northern regions as well as Tel Aviv and surrounding areas.

The Shanghai Containerized Freight Index (SCFI) European route main contract rose 7.00% intraday on June 8, reaching 3919.0 points.

Gate News: According to the latest Gate TradFi data, USDILS (US dollar vs Israeli Shekel) has surged by 1.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

According to CCTV, on June 8, Iraq's militant group Islamic Resistance Organization announced it will participate in military operations against Israel.

According to CryptoQuant's latest report, TradFi perpetual futures activity surged on crypto exchanges in April 2026, with Gate leading the trend at $368 billion in volume, followed by Binance at $298 billion. The two exchanges have processed roughly two-thirds of all TradFi futures trading volume r

According to Mizuho's latest research, Google TPU shipments are forecast to surge to 35 million units in 2028, up from 2.4 million in 2025 and 4.3 million in 2026. Cumulative shipments across 2026–2028 are projected to approach 50 million units. The surge reflects growing demand for custom AI

According to Jin10, overnight on June 8, the US dollar held near two-month highs as fresh Middle East tensions escalated. Iran and Israel exchanged direct attacks in what marked their first direct confrontation since a US-brokered ceasefire took effect in early April. The market is awaiting

According to The Kobeissi Letter, crypto markets fell to their lowest levels since October 2024 this week (June 8-12), with Bitcoin dropping below $60,000 to a cycle low before rebounding to $63,000 by Monday morning Asia time. The asset has lost 14% over the past seven days, while Ethereum

According to RAIN Protocol today (June 8), the decentralized prediction market protocol on Arbitrum announced over $200 million committed to its ecosystem through a partnership with Enlivex, alongside $100 million in new protocol liquidity ($50 million USDT and $50 million RAIN tokens). The