Gate Crypto Flash News and Market Updates

According to Arielle Pennington, Senior Vice President of Growth at Avalanche, on June 1 FIFA's blockchain-based Right to Buy (RTB) ticketing system for the 2026 World Cup generated over 60,000 transactions on the Avalanche blockchain. The surge drove transaction volumes to approximately 24 times

According to the British Chambers of Commerce (BCC), youth unemployment in the UK is forecast to reach 17.8% by mid-2027, up from 16.9% currently, with AI adoption cited as a key driver. The BCC predicts that nearly one-fifth of young workers will be replaced by AI tools previously handling

According to ChainCatcher, the S&P 500 index turned positive today based on Gate market data.

According to official announcement, Pingu Exchange declared permanent closure on June 2, with platform shutdown scheduled for July 31, 2026. The perpetual trading platform, which launched on Arbitrum in January 2024 after raising approximately $270,000, will enter liquidation-only mode on June 3, ha

According to the Russian Defense Ministry, Russia's armed forces launched a large-scale strike against Ukraine from late June 1 to early June 2, utilizing air-based, ground-based, and sea-based precision-guided weapons including hypersonic ballistic missiles and unmanned aerial vehicles. The

According to Standard Chartered Bank's Global Head of Digital Assets Research Geoffrey Kendrick, Strategy's sale of 32 bitcoin on Monday may mark the start of Ethereum outperforming Bitcoin. The sale triggered notable market reaction, with Bitcoin falling below $70,000 and Ethereum posting one of it

According to Globenewswire, Genius Group, a Bitcoin treasury company, has launched its AI Treasury and completed its first AGI Infinity Portfolio investments. The company purchased 10,000 shares of Destiny Tech 100 and 800 shares of Fundrise Innovation Fund as the initial tranche of its

According to Amaury D'Orsay, head of fixed income at Amundi (Europe's largest asset manager), the firm has slightly downgraded its U.S. Treasuries duration outlook today, citing resilient U.S. economic growth and expectations that the Federal Reserve will hold rates unchanged until Q2 2027. D'Orsay

According to Goldman Sachs, U.S. diesel inventory has fallen to 28 days of supply coverage as of late May 2026, the lowest level since 2003. If commercial crude inventories continue declining at recent rates while the Strait of Hormuz remains largely closed, diesel stocks could drop to just 20 days

According to the Kremlin, Saudi Arabia's Energy Minister will lead a large delegation including Saudi Aramco to an economic forum this week.

According to the Kremlin, Saudi Arabia will serve as a main guest at this week's economic forum.

According to the Kremlin, a U.S. official delegation led by Rodney Cook, chairman of the American Arts Commission, will attend the St. Petersburg International Economic Forum this week. The visit marks the first formal U.S. delegation trip to Russia

According to TASS, Russian and U.S. experts held talks last week to discuss bilateral issues.

According to official announcement reported by BlockBeats on June 2, Ondo Perps will launch on June 9. The platform is the first perpetual futures protocol purpose-built for real-world assets (RWA).

U.S. job openings reached 7.618 million in April, according to the JOLTS survey data, exceeding the expected figure of 6.866 million and marking an increase from the previous month's 6.866 million.

According to Politico, Ken Paxton, Texas Attorney General and recently nominated Republican federal Senate candidate, plans to meet with Trump at the White House on Tuesday evening.

According to Brazil's National Oil Agency, the country's combined oil and natural gas output reached 5.64 million barrels of oil equivalent per day in April. Oil production specifically hit 4.34 million barrels per day in the same month, marking a 19.5% year-over-year

According to PANews, Nvidia (NVDA) rose 2.6% on June 2, with its market capitalization returning above $5.5 trillion.

According to PANews citing on-chain data, address 0x577...95fd2 holds approximately $27.18 million in leveraged long positions on NVIDIA (NVDA) and Marvell (MRVL) with unrealized gains of $1.382 million as of June 2. Simultaneously, the address has established a $4.944 million leveraged short posit