Gate Cryptocurrency News and Market Analysis

On June 4, New York State Supreme Court Judge Casey J. King signed an order to halt all further proceedings in the case “ABC, XYZ Company and Noah Doe v John Doe,” pending a hearing scheduled for July 14 to determine whether to accept amicus curiae (friend of the court) opinion statements. The case seeks to assert ownership over 39,069 dormant Bitcoin wallets. Case Background: Noah Doe’s Lost Property Claim and Defendant Identification Process Plaintiff Noah Doe claims that he used a proprietary

On the early morning of June 8, Iran fired multiple rounds of missiles at Israel. This was Iran’s first direct missile attack on Israel since the ceasefire on April 8; afterward, Bitcoin surged more than 2% to about $63,330. Axios reported that on June 7, Trump called Israeli Prime Minister Benjamin Netanyahu, urging him to “not retaliate.” Goldman Sachs expects that because the labor market is stronger than expected, the Fed will no longer cut rates this year. Iran-Israel Developments: Trump St

Strategy, the world's largest corporate Bitcoin holder, signaled a potential Bitcoin purchase on June 7. Company Chairman Michael Saylor posted the firm's signature 'Orange Dot' chart on X with the caption 'A good time to add more dots.' The chart historically marks Strategy's Bitcoin acquisition po

Cryptocurrency exchange HTX announced on June 6 that it will delist the USD1 stablecoin (World Liberty Financial USD) and convert user holdings to USDT (Tether) following World Liberty Financial's (WLFI) decision to freeze specific HTX on-chain addresses. WLFI cited a UK sanctions compliance

Rising blockchain adoption continues to support demand for major network tokens. Infrastructure-focused assets are gaining attention as on-chain activity expands. SOL, XRP, SUI, BNB, and LINK remain among the most watched cryptocurrencies this cycle. Crypto market sentiment remains

Standard Chartered suspects Strategy could announce a bitcoin purchase of either 320 BTC or 3,200 BTC following the company's sale of 32 BTC this week. Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, based the expectation on Strategy's Dec. 2022 pattern, when the com

The TOTAL2 accumulation phase has lasted more than 18 months, making it longer than similar periods seen before the 2016 and 2020 altcoin rallies. SUI, SOL, ENA, QUBIC, TURBO, and SEI are attracting attention as investors monitor signs of a broader shift toward altcoins. Analysts

Justice Kathy J. King of the New York Supreme Court signed an order on June 4 staying all proceedings in a lawsuit seeking ownership of 39,069 dormant bitcoin wallets, with the order filed publicly on June 5. The stay blocks any move toward default judgment ahead of a July 14 hearing scheduled

Seven altcoin projects will execute token unlock events between June 8 and June 13, releasing a combined total exceeding 1.3 billion tokens into circulation, according to data from Dropstep. The unlock schedule includes STABLE (162.67 million tokens, June 8, 9 AM), MOVE (162.67 million tokens, June

Bitcoin's hash rate fell to its lowest level in about 6 weeks as of June 6 at 2 PM, with the 7-day moving average reaching 907,763,448 TH/s according to Blockchain.com data. The decline of approximately 103,389,101 TH/s from 7 days prior marks the weakest mining activity since April 27, indicating r

Frontier AI models are increasingly being used by researchers to identify software vulnerabilities across browsers, operating systems, and open-source platforms. Zcash developers disclosed this week that Claude Opus 4.8 helped discover a critical vulnerability that could have enabled an attacker to

Bitcoin touched a 2026 low of $59,100 this week and as of 1 p.m. EDT on June 7 remains more than 50% below its $126,080 all-time high reached on Oct. 6, 2026. The decline has reduced BTC dominance from above 60% to 58% as altcoins show signs of short-term outperformance. While Bitcoin's retreat

Nearly 699 billion SHIB entered exchanges, marking the largest inflow recorded during the past 30 days. SHIB fell 6.15% within 24 hours as sellers maintained control near support levels. Near-term volatility remains the focus as the exchange balances continue to increase. Shiba Inu

DOGE reached the projected $0.0883 target and now tests a major channel support zone closely watched by traders. Price remains below key resistance levels, while buyers attempt to stabilize momentum after recent selling pressure. A failure to hold support could shift market attention