Gate Cryptocurrency News and Market Analysis

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Trump Says Netanyahu Must Accept Iran Deal, Threatens Commando Raid

US President Donald Trump stated that Israeli Prime Minister Benjamin Netanyahu will have to accept any agreement the US reaches with Iran, declaring "I call the shots" in an interview with the Financial Times. Trump's remarks followed Iran's launch of ballistic missiles at Israel, marking the
CryptoFrontier·14m ago

Tether CEO Dragon Ball-style poster calls for unity in the bear market, as Bitcoin crashes 145 EH/s in a single month

On June 7, Tether CEO Paolo Ardoino posted a Dragon Ball image on X. In the picture, characters join forces to hold up a Spirit Bomb marked with the BTC logo. The caption reads “One Community,” calling on the crypto community to stand together during a bear market. Bitcoin’s total network hashrate has fallen significantly since late May, dropping from 1030 EH/s to 885 EH/s, a cumulative decrease of 145 EH/s. Paolo Ardoino Shares a Dragon Ball Image, Calls for Unity in a Bear Market (Source: Paol
BTC2.63%
MarketWhisper·20m ago
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Iranian missile attack on Israel, Trump’s “prevent retaliatory strike” triggers a 2% rebound in Bitcoin

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
SPX500-0.1%
CL0.97%
MarketWhisper·31m ago
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Strategy Signals Bitcoin Buy After $2.5M Sale Sparks Market Volatility

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
BTC2.63%
CryptoFrontier·52m ago

Bitcoin Hash Rate Drops to 6-Week Low at 907.76 Million TH/s

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
BTC2.63%
EthanBrooks·4h ago