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.
2026-07-04
05:52

Trump's Investment Accounts Made 21,000+ Trades in 2025, Precisely Targeting Policy-Benefiting Stocks

According to financial disclosure filings released Thursday (July 2), Trump's investment accounts conducted over 21,000 securities trades in 2025, with a total value between $600 million and $1.86 billion. The trading activity concentrated on key dates following major policy announcements, particularly tariff-related measures. On average, the accounts executed 85 trades per day, with one-quarter of all trades occurring on just 10 trading days. On August 18, the accounts moved over $75 million in
More
05:41

Russia's Digital Ruble Goes Live September 1 as Central Bank Confirms Technical Readiness

Bank of Russia Governor Elvira Nabiullina declared the central bank digital currency technologically ready ahead of its nationwide rollout on September 1, 2026. Under a July 2025 State Duma mandate, all 12 systemically important banks and large retailers must accept digital ruble payments from that date, with banks receiving a commission of 0.67 rubles per payroll transaction. Public reception remains weak, however. A VTsIOM survey showed most Russians do not understand why they need a third for
More
05:40

Bitdeer Sells 223.1 BTC This Week, Maintains Zero Holdings

According to Bitdeer's official update on X, the Nasdaq-listed Bitcoin miner produced 223.1 BTC this week as of July 3, and sold 223.1 BTC during the same period, resulting in net new holdings of 0 BTC. Bitdeer continues to maintain zero Bitcoin holdings.
05:31

MCSA Shifts Stance on CLARITY Act to Neutral After Concerns on Section 604 Addressed

According to Cointelegraph, the Major County Sheriffs' Association (MCSA) recently shifted its stance on the CLARITY Act from opposition to neutral in a letter to Senate banking leaders Tim Scott and Elizabeth Warren, after its concerns about Section 604 were addressed. Section 604 relates to the Blockchain Regulatory Certainty Act, which aims to protect developers from liability for illegal activities conducted by users on their decentralized platforms. MCSA previously warned the provision coul
More
05:31

Brazil's Central Bank Classifies Stablecoins as Electronic Money Tools, Not Digital Assets

According to Odaily, Brazil's central bank recently stated that stablecoins should be classified as electronic money tools rather than digital assets. Central bank advisor Fabio Araújo explained that while Bitcoin and Ethereum possess scarcity and transferability, stablecoins function primarily as payment instruments. Congress is preparing to review Bill 4308/2024, proposed in 2024, to establish stablecoin rules. Brazil's crypto industry association Abcripto, whose members include Binance, Coinb
More
05:31

Micron Launches $9B Expansion of Japan Chipmaking Facility

Micron Technology has formally launched an expansion project at its chipmaking facility in western Japan, with total investment of 1.5 trillion yen (approximately $9 billion). The expansion will focus on producing advanced memory chips.
05:29

Goldman Sachs Maintains MiniMax Buy Rating With HK$860 Target on July 4

According to Goldman Sachs on July 4, the investment bank maintained its buy rating on MiniMax with a HK$860 price target. The M3 model, priced identically to M2.7, features upgraded training and inference architecture that doubles inference efficiency, offsetting the cost increase from doubled model parameters. Goldman Sachs noted that DeepSeek's announcement of V4's July mid-month launch with peak-hour pricing at double the off-peak rate reflects MiniMax M3's superior cost-performance ratio.
05:21

Mintellect, ChainAware Partner to Merge AI Analytics With Web3 Infrastructure

According to Mintellect's announcement on X on July 2, 2026, the ContentFi infrastructure platform partnered with ChainAware, an artificial intelligence platform specializing in blockchain data analysis, to strengthen Web3 application development. The collaboration combines Mintellect's assetization infrastructure—which enables digital assets, data, and intellectual property to be tokenized on blockchain networks—with ChainAware's AI-driven analytics to enhance on-chain behavioral intelligence,
More
05:19

Tokyo Raises EV Subsidies to 2.37 Million Yen, Making Tesla Over 10 Million Yen Cheaper Than in South Korea

According to Kankyō Bizinesu, Tokyo increased its electric vehicle subsidy cap this year, enabling Tesla buyers to receive combined national and local incentives totaling up to 2.37 million yen (approximately $21,000–22,000). This includes 1.27 million yen in national subsidies plus Tokyo's enhanced local support, significantly exceeding South Korea's maximum 7.54 million won (approximately $5,600) in combined central and local EV purchase subsidies. The subsidy disparity exceeds 10 million yen
More
05:15

Macron Secures SoftBank Billions for French AI Data Centers; Modi Courts Amazon's $48B India Investment

According to CNBC, French President Emmanuel Macron and Indian Prime Minister Narendra Modi are leading personal diplomatic pushes to attract major AI investments and infrastructure projects to their countries in 2026. Macron convinced SoftBank CEO Masayoshi Son to invest tens of billions of dollars in French AI data centers, with the company announcing plans in May to build 3.1 GW of capacity by 2031 as part of a 75-billion-euro program. Modi met with Amazon CEO Andy Jassy last Thursday and sec
More
05:14

Blue Whale Growth Fund Targets AI Capital Spending, Holds NVIDIA and SK Hynix Among Top Picks

According to Stephen Yiu, manager of Blue Whale Growth Fund with $4.5 billion in assets under management, the simplest approach to AI investing is to follow capital spending rather than predict profitable companies. Yiu's strategy focuses on semiconductor supply chain companies directly benefiting from AI infrastructure investments. Blue Whale's top holdings include Applied Materials, Lam Research, NVIDIA, SK Hynix, Lumentum, and Broadcom. Since inception in 2017, the fund has achieved approxima
More
05:13

Burry Shorts Micron at $1,051.87 on July 2, Warns of 30% Correction Amid AI Bubble

According to Michael Burry's Substack post on July 2, the investor behind "The Big Short" established a short position in Micron Technology (MU) at $1,051.87 and simultaneously increased positions in five existing holdings. Micron shares fell 5.49% to close at $975.56 on Thursday. Burry cited extreme valuations and technical extremes in Micron's recent rally, noting the stock's distance above its 200-day moving average represents the highest level since 1984, "even exceeding the peak of the dot-
More
05:12

AI Models Choose Bitcoin 48.3% of Time in Monetary Scenarios, Bitcoin Policy Institute Study Finds

According to a Bitcoin Policy Institute study released March 3, 2026, 36 frontier AI models from Anthropic, DeepSeek, Google, OpenAI and others favored Bitcoin in 48.3% of responses across 9,072 monetary scenarios, with stablecoins following at 33.2%. More than 90% of responses favored digitally native assets over traditional fiat currency. Bitcoin led store-of-value scenarios at 79.1%, while stablecoins dominated everyday payment use at 53.2%. The findings support WhiteBIT CMO Alex Kozenko's ar
More
05:09

Huawei Releases Tao Theorem V2 Paper on July 3, Publicly Discloses Kirin 2026 Data and Engineering Details

According to Beating, Huawei's semiconductor chief He Tingbo released version 2 of the "Tao Theorem" paper on China's ChinaXiv preprint platform on July 3. The updated paper expands on the May 25 v1 release with engineering implementation details, quantified testing data, and a complete 8-chapter framework covering core technologies including τ hierarchical spatiotemporal models, LogicFolding architecture, bonding interface cross-sections, Unified Bus interconnect, and Hi-ONE optical engines. Th
More
05:04

U.S. Banks' Hedge Fund Exposure Doubles to $4.5 Trillion in Four Years, Deleveraging Risk Looms

According to a report by Bloomberg strategist Simon White released on July 2, U.S. banks' risk exposure to hedge funds and shadow banking institutions has surged from $2 trillion to approximately $4.5 trillion over the past four years. Average hedge fund leverage has roughly doubled since 2022, with leverage built into Treasury basis trades (buying spot bonds while shorting futures) alone estimated at $2.4 trillion. White warned that should market conditions trigger a deleveraging event, banks c
More