Gate Crypto Flash News and Market Updates

According to BlockBeats citing analyst Darkfost, on July 11, global bitcoin treasury companies' portfolio value evaporated from $396 billion to $272 billion since October 2025, yet their total bitcoin holdings increased from 953,000 to 1.14 million BTC. The decline in portfolio value was entirely driven by bitcoin price depreciation, not asset reduction. These companies' heaviest accumulation period concentrated from November 2024 to October 2025, with holdings tripling in under a year at averag

According to Odaily, Bybit launched SK Hynix (SKHYUSDT) perpetual futures on U.S. stocks today (July 11) with support for up to 25x leverage. The exchange is offering limited-time trading fee incentives: 0% maker fee on limit orders and 50% discount on taker fees.

According to Barron's, WD-40 stock surged 11% on Friday (July 10) after the company beat earnings expectations with third-quarter revenue of $195.1 million, up 24% year-over-year and significantly exceeding analyst estimates of $172.8 million. Q3 earnings per share reached $2.33, also surpassing Wall Street's estimate of $1.56. Growth was broad-based globally, with Americas revenue up 29%, Asia-Pacific up 24%, and Europe, Africa, Middle East and India up 17%. The company also raised its full-yea

According to Xinhua, U.S. President Trump announced on July 10 that the Gordie Howe International Bridge connecting Michigan and Ontario will open on July 27. On July 9, the U.S. and Canada reached an agreement on toll-sharing arrangements for the crossing, according to two U.S. officials cited by The New York Times.

According to a statement on July 10, President Trump announced the Gordie Howe International Bridge connecting Michigan and Ontario will open on July 27. Trump previously opposed the project but said he secured a "better and fairer" agreement for the U.S. Two U.S. officials told the New York Times that the two countries reached an accord on July 9 regarding toll distribution, according to Xinhua.

According to Liaoning Provincial Meteorological Department, on July 11, the Liaoning Province Flood Prevention and Drought Relief Headquarters raised the flood emergency response level from level four to level three, effective from 1 p.m. The upgrade follows the latest weather forecast and water-rain conditions assessment. A yellow alert was issued to all cities and the Shenfu Demonstration Area.

According to Southern Metropolis Daily, Tencent is negotiating to become the largest shareholder of AI Agent company Manus, with Chinese capital consortium planning to acquire Meta's full stake at approximately $2 billion valuation on July 11. Tencent did not respond to requests for comment as of publication. According to sources familiar with the deal, Tencent will maintain minority shareholder status post-transaction but will not hold controlling stake in the company.

According to Foresight News, Cap Labs announced its updated Stabledrop plan on July 11, with redemptions beginning July 13, 2026. The protocol will distribute $4.2 million in cUSD stablecoins to compensate Frontier Program participants who suffered losses from Pendle YT purchases. Eligible users can claim their rewards over the following three months from the start date. Only participants who incurred losses through Pendle YT investments qualify for compensation; holders of cUSD or Pendle LP liq

According to analyst Specter, Hedera network suffered an exploitation on July 11, with attackers transferring over $3.7 million to Ethereum through LayerZero cross-chain bridge. The stolen funds are being swapped from WBTC to ETH.

According to LS Securities, South Korea's stock market entered a panic-selling phase on July 11 due to renewed concerns over the sustainability of artificial intelligence investments. The market decline has prompted some analysts to view current prices as oversold relative to fundamentals, presenting potential entry points for near-term recovery plays.

According to the Korean Central News Agency (KCNA), North Korea's Foreign Ministry spokesperson issued a statement on July 11 accusing the United States and its allies of exposing intentions to engineer camp-based confrontation during the recent NATO summit. The statement alleged the actions undermine the security environment in Europe and create instability in the Asia-Pacific region.

According to Russian presidential spokesman Peskov on July 10, Russia has been in contact with Turkey regarding the future disposition of S-400 air defense missile systems and will continue communication on the matter.

According to CryptoQuant analyst Darkfost, as reported by ChainCatcher, Bitcoin's unrealized profit ratio has dropped to 65.8%, falling below the 81% historical average. Unrealized losses now account for approximately 34.2% of the market. While the market remains supported by profitable positions rather than losses, the profit ratio continues to decline. The metric reflects the overall position's profit-and-loss status and is considered a key indicator for gauging market sentiment and potential

According to ChainCatcher, citing an announcement from Hong Kong Clearing House Limited (HKCC), the organization recently discovered multiple phishing websites impersonating legitimate services. These fraudulent sites deceive users by requesting personal information such as identity card numbers, photos, and phone numbers under the guise of buyer protection verification, offering cash rewards as incentives. The sites then facilitate unauthorized transactions through virtual wallets. HKCC urges t

According to BlockBeats, on July 10, the U.S. Defense Department released its fourth batch of unidentified aerial phenomena documents since May, comprising 40 files including 14 documents, 19 videos, 4 audio segments, and 3 images. Sourced from multiple U.S. agencies including the Defense Department, NASA, CIA, FBI, and Department of Energy, roughly half of the files date from 2010 onward. A 32-second video captured in 2020 by the U.S. Navy's Northern Command and widely noted as the clearest foo

According to BlockBeats, as of July 9, stablecoin yield rates on major CEX platforms including HTX, Binance, OKX, and Bitget show significant variance, with most products employing tiered interest structures that offer higher yields on smaller amounts. For USDT, HTX offers the highest small-amount yield at 10% APY (0–200 USDT tier), followed by Bitget at 6.31% (0–300 USDT), Binance at 4.47% (0–200 USDT), and OKX at 1.57%. Large-amount tiers see steeper drops: HTX falls to 1.95%, Binance to 1.47%

According to KB Securities analyst Kim Il-hyuk, the dominance of leading artificial intelligence models including OpenAI's ChatGPT, Anthropic's Claude, and Google's Gemini has recently weakened as competitors gain market share through superior pricing and efficiency advantages, breaking the previous monopoly of frontier models.

According to Binance co-founder Yi He on July 8, stablecoin adoption is following three distinct regional trends. In the Middle East and North Africa, stablecoin savings through Binance Earn grew to 9.21% from 5.53%. Latin America's share of stablecoin transfer users more than doubled from 17% to 38%, representing the fastest regional adoption Binance currently observes. North America outside the United States showed the strongest growth in local currency stablecoin trading.

According to RIA Novosti, Ukrainian forces conducted 41 attacks against Russia's Belgorod region within a single day, with Russian forces intercepting 47 unmanned aerial vehicles (UAVs) during the operations.

According to Dune Analytics data, RLUSD's share of total circulation on XRP Ledger surged to 51% in June 2026 from 17% in April, making it the dominant stablecoin on the network and overtaking Ethereum for the first time. The outstanding RLUSD supply on XRP Ledger reached approximately $800 million as of June 25, 2026, up from $20 million at the end of 2024. RLUSD trading on XRP Ledger has become the most active issued asset on the network. Monthly trading volume reached approximately $500 milli