Gate Crypto Flash News and Market Updates

According to Onchain Lens, Garrett Jin, proxy for the "1011 Inside Whale," has increased his 5x leveraged BTC long position to 1,268 BTC, valued at $94 million. He also maintains a 3x ZEC short position, with total unrealized gains exceeding $2.57 million.

Foreign investors purchased 104.04 billion yen of Japanese stocks in the week ending May 22, according to market data. The figure marks an increase from the prior week, which was revised downward to 94.84 billion yen from an initially reported 94.96 billion yen.

Foreign investors purchased 1.346 trillion yen of Japanese government bonds in the week ended May 22, reversing the previous week's outflow of 1.033 trillion yen.

Japan purchased 10.3 billion yen of foreign bonds in the week ending May 22, according to official data. The previous week's figure was revised to 762.1 billion yen from the initially reported 758.7 billion yen.

Foreign investors net bought 10.804 trillion yen worth of Japanese equities in the week ended May 22, up from 9.496 trillion yen in the previous week.

According to Truth Social, President Trump stated on May 28 that the United States will establish a "future-proof" digital asset market structure that cannot be "overturned" by critics of the cryptocurrency industry. Trump accused former SEC Chair Gary Gensler of driving Bitcoin and crypto

During the week ending May 22, Japanese investors recorded net outflows of 358.7 billion yen in foreign stocks, compared to net inflows of 41.4 billion yen in the previous week, according to Japanese Finance Ministry

According to Guru Club, crude oil futures plunged over 9% overnight on May 24 Beijing time, with both WTI and Brent crude sliding sharply by 5:20 UTC. In response, major cryptocurrencies surged; Bitcoin rose 1% to $76,655, while over 120,000 traders faced liquidations across crypto markets in the

According to Guru Club, Cognition AI raised over $1 billion on May 27, valuing the company at $26 billion. The funding round was led by venture capital firms Lux Capital, General Catalyst, and 8VC, with participation from Ribbit Capital, Atreides Management LP, and Founders Fund. The valuation has m

On Wednesday, CBOT corn futures closed lower, with the benchmark contract declining 1.1% to reach a one-month low. The decline was driven by a 4% drop in crude oil prices following reports of preliminary negotiations between Iran and the U.S. on conflict resolution and reopening the Strait of

According to reports, CBOT soybean futures closed with mixed results on Wednesday (May 27), with the benchmark contract down 0.1%, reflecting a near-term weakness and long-term strength pattern. Spring planting pace exceeded historical averages and crude oil futures declined 5% following reports

According to China News Network, Meilan Group's rubber processing factory KIMS RUBBER began production on May 27 in Tboung Khmum Province, Cambodia. The facility, which required a $30 million investment and spans nearly 15 hectares, has an annual processing capacity of 100,000 tons. The project is e

According to BlockBeats, President Trump stated on May 28 that the Strait of Hormuz will remain open to all and will not be controlled by any nation, regardless of any agreement reached with Iran. Trump emphasized that the U.S. will provide oversight of the strait but no single country will have

According to commodity trading data, on May 28, commodity funds net sold CBOT corn and wheat futures contracts while net buying soybean meal and soybean oil futures. Net sales of corn futures reached 11,000 contracts.

According to Mysteel's latest survey as of May 27, since May 23, a total of 129 coal mines in Shanxi province have been suspended, of which 16 have resumed operations (producing 20.7 million tons capacity combined). The remaining 113 suspended mines hold 125 million tons of capacity, impacting

According to a U.S. official statement to Reuters on May 28, the U.S. military struck an Iranian military base that posed a threat to American forces and commercial shipping in the Strait of Hormuz. The military also intercepted and shot down multiple Iranian drones that threatened U.S. forces and m

According to analysts reported by Securities Daily, lithium carbonate prices rose over 60% year-to-date as of May 27, with the main futures contract on the Guangzhou Futures Exchange closing at 173,000 yuan/ton. Analysts attribute the rally to combined supply-side disruptions and

According to Iranian media Fars News, an explosion was reported in Iran's southern Abadan Port on May 28 at around 1:30 AM local time (5 AM Beijing time), with three to four blast sounds heard by residents. Local air defense systems were activated for several minutes following the