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
18:04

Subversive ETFs Files for Two Musk-Exclusion Funds Tracking Nasdaq 100 and S&P 500

According to Bloomberg on Thursday, July 9, Subversive ETFs has filed applications for two new exchange-traded funds designed to track the Nasdaq 100 and S&P 500 indexes while excluding all companies founded, controlled, or led by Elon Musk. The proposed funds, with ticker symbols QQNE and SPNE, would allow investors to hold broad market exposure while avoiding Tesla and SpaceX, which was recently added to the Nasdaq 100 index. The ETF issuer noted that some investors have concerns about governa
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18:01

U.S. Central Command Coordinates Israel, Lebanon on Southern Pilot Zone on July 10

According to Axios, on July 10, the U.S. Central Command coordinated with Israel and Lebanon to advance pilot zone arrangements in southern Lebanon. A closed-door consultation will be held at the Rome conference, after which senior negotiating representatives from Israel and Lebanon will transfer the matter to technical teams for further handling.
17:55

Franklin Templeton: AI Infrastructure Bull Case to Extend Through 2027 and Beyond

According to Bloomberg TV, Katrina Dudley, senior investment strategist at Franklin Templeton, said the bull case for AI infrastructure spending is outweighing the bear case and expects the investment theme to remain resilient through 2027 and potentially into 2028. "I believe the durability will last at least through the end of this year," Dudley noted, adding "then comes 2027, and even 2028."
17:50

Galaxy Digital Stock Rises 2% on Thursday, But Retail Traders Remain Bearish Amid Helios Data Center Delays

On Thursday (July 9), Galaxy Digital (GLXY) stock rose nearly 2% as crypto-linked equities gained alongside Bitcoin's recovery, according to Stocktwits. However, retail sentiment on the platform has remained bearish over the past week, with traders citing frustration over unclear tenant timelines for the company's Helios and Project Merlin data center projects. Galaxy confirmed earlier this week that its Helios data center campus in Texas completed its first phase, delivering 133 megawatts of cr
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17:49

Dallas Fed President Logan: Voluntary Central Clearing Could Enhance Open Market Operations Efficiency

Federal Reserve Bank of Dallas President Lorie Logan stated at a New York Federal Reserve conference on market liquidity that implementing open market operations through a voluntary central clearing mechanism could benefit the financial system. Logan said the Federal Open Market Committee (FOMC) could "conduct open market operations more efficiently and effectively" and strengthen U.S. financial market resilience by adopting central clearing on a voluntary basis. Logan also noted that leverage l
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17:42

Brent Oil Surges Over 10% Following US-Iran Tensions, Bitcoin Falls to $62,900

Following renewed US-Iran tensions announced at the NATO Leaders Summit in Ankara, Brent crude oil surged over 10%, prompting a Bitcoin selloff from its early-week high of $64,000 to around $62,900. According to CryptoQuant analyst Darkfost, Bitcoin faces further downward pressure as oil prices rise, citing an inverse relationship between the two assets: higher oil typically signals rising inflation and tighter financial conditions, reducing demand for risk assets like Bitcoin. Darkfost noted th
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17:32

WULF Jumps 7% as TeraWulf Plans $3.5B Debt Raise for Kentucky AI Data Centre

According to Bloomberg, TeraWulf Inc. (WULF) shares jumped 7% on Thursday after the company announced plans to raise around $3.5 billion in debt to finance an AI-focused data centre campus in Kentucky. The financing would mark the company's first foray into the leveraged loan market, with Morgan Stanley leading the deal. The package is expected to include leveraged loans and high-yield bonds. TeraWulf signed a 20-year lease with Anthropic on Monday for its Kentucky facility, known as Justified D
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17:31

Eco Integrates TRON Network, Which Processed Over $2 Trillion in Transfers During Q1 2026

According to Bitcoin.com News, Eco integrated the TRON network in Q1 2026, enabling users to deposit stablecoins directly into TRON applications within seconds. TRON processed over $2 trillion in transfers during the first quarter and supports $86 billion in circulating USDT supply. The integration allows enterprises and developers to embed cross-chain stablecoin flows in applications via Eco Routes CLI, connecting TRON and other supported networks. The integration grants TRON's 3.91 billion use
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17:27

OpenAI Releases GPT-5.6 Sol, Hits 91.9% on Terminal-Bench 2.1

OpenAI released GPT-5.6 Sol today, its new flagship model alongside smaller variants Terra and Luna, following a two-week restricted preview by the U.S. Department of Commerce. Sol in ultra mode achieved 91.9% on Terminal-Bench 2.1, a test measuring command-line workflows, outperforming Anthropic's Claude Mythos 5 at 88.0%. On ExploitBench, which evaluates vulnerability detection, Sol matched Anthropic's restricted Mythos Preview while consuming roughly a third of the tokens. Pricing is set at $
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17:25

Gold Falls 14.1% in Q2 2026, Worst Quarter in 12 Years, but Invesco Sees Central Bank Demand Lifting Prices

According to Invesco's quarterly gold outlook, gold fell 14.1% in Q2 2026, marking the worst quarter in 12 years, with prices dipping below $4,000 per ounce on June 24 for the first time since November 2025. Despite the correction, Invesco maintains a constructive outlook for the remainder of 2026, citing strong central bank demand. The World Gold Council reported that 89% of surveyed central banks expect global gold reserves to increase in the coming year, with 45% planning to raise their own h
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17:25

Palo Alto CEO Arora Says AI Token Costs Must Fall 90%, Lauds OpenAI's 54% Efficiency Gain

According to CNBC, Palo Alto Networks CEO Nikesh Arora said Thursday that artificial intelligence token costs need to drop as much as 90% to enable large-scale business adoption. After OpenAI CEO Sam Altman disclosed that the company's latest model achieved 54% greater token efficiency for agentic coding, Arora called it a positive step but said further reductions are necessary. Arora projected token efficiency must decline to 20% over the next twelve months, then 90% within the following year,
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