Gate Crypto Flash News and Market Updates

WTI crude oil declined 3.00% intraday on June 6, trading at $91.62 per barrel.

According to blockchain data, a wallet linked to Ethereum co-founder Joseph Lubin transferred approximately 80,000 ETH, valued at $121.6 million to $123.5 million, on June 5 after remaining inactive for over three years. The wallet, which previously held about 243,300 ETH worth around $370 million,

According to Jin10 Data, on June 6, Israeli forces conducted airstrikes across multiple areas in Gaza, killing at least 7 Palestinian civilians and wounding multiple others. An evening airstrike hit a tent shelter for displaced residents in western Gaza City, killing 6 people including 2 women,

According to Jin10, Federal Reserve Governor Michael Barr on June 6 warned that recent regulatory actions loosening bank restrictions pose long-term risks to financial stability. Barr criticized regulators for easing lending limits and capital requirements, stating such measures have

According to ChainCatcher and Coinglass data, Ethereum's current 8-hour average funding rate stands at -0.0013%. Major exchanges show negative rates: Binance and Gate at -0.0035%, OKX at -0.0035%, and Bybit at -0.0017%.

Bitcoin fell below $60,000 on Friday for the first time since November 2024, trading at $60,619—about 12.6% below its election day closing price of $69,355 on November 5, 2024. The decline represents a 52% drop from its all-time high of $126,080 reached in October 2025. Bitcoin ETF outflows

GBP/USD declined 0.50% during intraday trading on June 6, reaching 1.3357.

According to Cointelegraph, on June 6, Bitcoin's daily RSI (relative strength index) dropped to approximately 15.5, marking the lowest level since the March 2020 pandemic crash and signaling extreme oversold conditions. Historical data shows similar RSI levels were followed by BTC rallies of approxi

The SEC declared effective Securitize's Form S-4 filing on June 6 in connection with its planned merger with Cantor Equity Partners II (CEPT), a special purpose acquisition company. CEPT shareholders are set to vote on the transaction on June 29, 2026. If approved, the combined company would

According to Eurex, cash market trading volume at the pan-European exchange grew 22% year-over-year in May. Stock derivatives trading volume fell 7.7% month-over-month and 7.4% year-over-year during the same

According to PANews, Barry Silbert, founder and CEO of Grayscale's parent company DCG, commented on X platform on June 6, urging crypto market participants not to mock Zcash (ZEC) price declines. Instead, he emphasized the importance of focusing on enhancing defensive capabilities against AI and

According to Irish media, on June 5, Ireland's Justice Minister Jim O'Callaghan imposed travel bans on Israeli National Security Minister Itamar Ben-Gvir and Finance Minister Bezalel Smotrich. Irish Prime Minister Michéal Martin confirmed

According to SEC officials, the U.S. Securities and Exchange Commission's Division of Trading and Markets Director Jamie Selway stated at the Piper Sandler Global Exchanges & FinTech Summit that SEC Chair Paul Atkins has directed the division to advance the framework for securities tokenization

Spot gold fell 3% intraday today, trading at $4,341.31 per ounce, marking its lowest level since March 24.

According to CoinGlass, over $1.7 billion in digital assets were liquidated in the 24 hours ending Friday noon Eastern Time.

According to Jin10 data, Federal Reserve official Hamack stated on June 5 that interest rate hikes may soon be appropriate as the labor market appears to be moving toward balance. The unemployment rate remained at 4.3%, which Hamack said "is broadly consistent with my definition of full employment."

According to Zcash Open Development Lab, the ecosystem will launch the Ironwood upgrade in late July 2026, introducing a new shielded pool with a Turnstile mechanism to verify all ZEC supply transfers from Orchard. The upgrade will allow anyone to audit Zcash's circulating supply, enhancing

Semiconductor stocks experienced a sharp selloff today following a stronger-than-expected jobs report, with the sector losing over $1 trillion in combined market value. Nvidia (NVDA) and Broadcom (AVGO) led the decline, while Micron (MU) and other major chipmakers also faced significant losses as in

Spot silver plunged 7% intraday to $68.70 per ounce on June 6, while NYMEX silver futures fell 7% to $68.79.

According to IATA's Middle East vice president, Kuwait's main terminal was damaged in recent Iranian attacks and will remain closed for at least one year. Currently, all non-Kuwaiti airlines have halted operations, leaving only domestic carriers active at the