Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
10:30

JPMorgan Raises S&P 500 Target to 7,600 on AI Optimism

Abstract: JPMorgan strategists lift their S&P 500 year-end target to 7,600 from 7,200 on renewed AI optimism, anticipating higher levels this year as tech and AI prospects improve. Summary: JPMorgan raises S&P 500 year-end target to 7,600 from 7,200, citing renewed AI optimism; at 7,109, about 7% upside, with potential gains fueled by AI-driven growth.
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10:16

Meow Integrates BVNK to Expand Stablecoin and Crypto Payment Capabilities

Meow and BVNK partner to integrate stablecoin and crypto payments, unifying fiat, stablecoins, and digital assets for cross-border transfers; enables fiat-crypto conversions; future plan to let merchants accept crypto. Abstract: Meow and BVNK are integrating stablecoin and cryptocurrency payments into Meow's platform, enabling support for Bitcoin, USDC, Tether, and other assets. The integration links fiat, stablecoins, and crypto to streamline cross-border transfers, fund management, and treasury operations, with plans to enable merchants to accept crypto payments directly through the platform.
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BTC-0,56%
09:51

Bitcoin Spot ETFs Post $1B Net Inflows Last Week, Largest in 3 Months

Abstract: Bitcoin spot ETFs attracted about $1 billion in net inflows last week, led by BlackRock's IBIT with $906.1 million and Morgan Stanley's MSBT with $71.1 million in its first full trading week, following $786.3 million the previous week. Summary: Bitcoin spot ETF inflows totaled about $1B last week, the largest in three months; IBIT led with $906.1M, while MSBT added $71.1M in its first full week.
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BTC-0,56%
09:46

Philippines SEC Warns Against 7 Unregistered Crypto Trading Platforms Including dYdX, Orderly

Summary: SEC Philippines warns about seven unregistered crypto platforms (dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, Ostium) under CASP; promoters may face fines up to PHP 5 million or 21 years' jail. Abstract: The Philippines’ SEC issued an investor warning identifying seven unregistered cryptocurrency trading platforms (dYdX, Aevo, gTrade, Pacifica, Orderly, Deriv, Ostium) not registered under the Crypto Asset Service Provider framework. It cautions that promoting these platforms in the Philippines may incur criminal liability, with penalties including fines up to PHP 5 million and up to 21 years’ imprisonment.
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09:31

Moonshot AI Launches Kimi K2.6 With 300-Agent Swarm Capability, Advancing Autonomous AI Systems

Moonshot AI's Kimi K2.6 expands parallel sub-agents to 300, boosts multi-domain task speed to 4,000 steps, and adds a Skills tool for converting documents into reusable templates. Abstract: Moonshot AI releases Kimi K2.6, an open-source model that scales agent orchestration to 300 parallel sub-agents and 4,000 coordinated steps. It improves long-horizon coding across Rust, Go, and Python, enhances front-end, DevOps, and performance optimization, and introduces a Skills mechanism that converts PDFs, spreadsheets, and Word files into reusable task templates for autonomous multi-step workflows and persistent monitoring.
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09:21

BlackRock CIO Says Stock Market Technicals 'Extraordinary' Amid Record Highs, 97% Semiconductor Earnings Growth

Rieder cites strong stock-market techs and booming earnings, notably 97% YoY semiconductor growth, with positive retail sales and consumer spending underpinning the rally; buybacks nearing $1 trillion fuel demand as S&P 500 tests records. Abstract: BlackRock CIO Rick Rieder points to extraordinary market technicals and robust earnings growth, led by semiconductors up 97% YoY, with solid retail and high-end spending and massive buybacks around $1 trillion supporting the rally; the S&P 500 hit an intraday high.
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