Gate Crypto Flash News and Market Updates

According to Jin10, gold has shown an 89% correlation with real yields since the start of 2026, reflecting a return to rate-driven pricing dynamics.

According to Coinbase CEO Brian Armstrong on July 26, 2026, crypto firms should not "pivot to AI," as the advice reflects "zero sum, scarcity thinking." Armstrong argued that crypto is general-purpose infrastructure—like electricity or the internet—that underpins AI rather than competing with it. He stated that AI agents will need "real time programmable money" via crypto to transact autonomously, with daily transaction volumes potentially exceeding all human combined activity. Armstrong branded

According to Zhitong Hong Kong Stocks commentary, Longxin successfully completed its IPO listing today, and both mainland and Hong Kong markets posted gains. The Hang Seng Index closed up 0.98%.

U.S. core durable goods orders came in at 0.6% month-over-month in June, below the 0.8% forecast and down from the prior month's 1.4% reading.

U.S. durable goods orders increased 0.3% in June on a preliminary basis, falling short of economist expectations of 1.8% and marking a sharp recovery from a 4.5% decline in May, according to official economic data.

U.S. durable goods orders increased 0.3% month-over-month in June, falling short of the 2.5% forecast. The prior month's reading was also revised upward to -4% from an initially reported -4.5%.

According to Odaily, Payward, the parent company of Kraken, has agreed to acquire Magic Labs' embedded wallet business through an asset sale while maintaining separate corporate structures. Magic Labs has created over 67 million wallets and serves more than 200,000 developers since 2018. Following the transaction completion, wallet customers will migrate to Payward Services, while Magic Labs will rebrand as Newton Labs to focus on developing Newton Protocol, an on-chain financial authorization l

According to Xinhua News Agency, Prime Minister Takaicho Sanae's cabinet support rating dropped 12 percentage points in the latest poll, while disapproval surged 13 percentage points.

According to CCTV, Israeli Prime Minister Benjamin Netanyahu departed for the United States on July 27. He is scheduled to meet with U.S. President Trump to discuss key regional issues, including matters related to Iran.

According to Foresight News, Circle Internet Group (NYSE: CRCL) announced today the acquisition of core assets from IBM's blockchain patent portfolio, comprising over 680 patent families and nearly 1,000 granted patents covering blockchain infrastructure, banking, financial services, insurance, enterprise systems, supply chain verification, and secure cloud operations. The acquisition positions Circle as the largest blockchain patent holder in the United States. The expanded intellectual propert

On July 26, OpenAI CEO Sam Altman revealed on podcast 'Relentless' that while researching TikTok for Sora development, he intentionally immersed himself in the app but found himself unable to resist its addictive design. What he expected to be 10 minutes daily gradually escalated to an hour, then three hours sprawled on his couch. Altman described the experience as similar to drug use despite the enjoyment. He ultimately deleted TikTok and pledged not to build similarly addictive yet unproductiv

According to The Block, physical AI robotics data platform Axis Robotics closed a $12 million seed round on July 27, led by Hack VC. The platform aims to solve robot training data scarcity through a global human-in-the-loop data engine. Axis has 100,000+ active data contributors and generates approximately 1,200 hours of simulation data and 20,000 hours of real-world data monthly. The company has secured commercial partnerships with hardware and industrial clients including Booster Robotics and

On July 27, in pre-market trading, six major U.S. airlines gained following a sharp decline in international crude oil prices. Delta Air Lines rose 2.7%, JetBlue Airways climbed 2.9%, Southwest Airlines gained 3.6%, American Airlines increased 4%, Alaska Air Group rose 3.2%, and United Airlines advanced 3.6%.

The U.S. durable goods orders data for June will be released in approximately 10 minutes.

According to The Block, Payward, Kraken's parent company, has agreed to acquire Magic Labs' embedded wallet business. Magic Labs has created over 60 million wallets serving more than 200,000 developers since 2018. Following the transaction, wallet customers will migrate to Payward Services, while Magic Labs will rebrand as Newton Labs to focus on developing the Newton Protocol, an on-chain finance authorization layer for executing compliance, security, and risk management strategies before trans

According to Saudi Arabia's Defense Ministry, the kingdom intercepted and destroyed unmanned aerial vehicles launched from Iraqi territory by Iran-backed militias on July 27. The drones targeted oil facilities in the eastern region and Riyadh. The Defense Ministry reiterated that Saudi Arabia reserves the right to respond.

According to ChainCatcher, based on public filings and disclosure documents, Kong Jianping indirectly holds approximately 18.98 million shares of ChangXin Memory Technology through the Yifang Changda Fund, valued at approximately 940 million yuan at the opening price on July 27. This represents a reported return of approximately 44 times. Kong Jianping stated that when he invested in ChangXin in 2020, the company's valuation was less than 20 billion yuan; it has since surpassed 3 trillion yuan.

Galaxy Research has lowered its estimate of the likelihood that the Clarity Act becomes law in 2026 to 30%, down from 50% at the end of June, as the Senate faces a tightening deadline before its August recess. Alex Thorn, head of Galaxy Research, noted that while lawmakers have released updated legislative text, they have not yet assembled the bipartisan coalition needed to pass it. The Senate must begin floor consideration within days for the bill to retain a realistic path to passage this year

According to the Cambridge Centre for Alternative Finance, hydropower has officially overtaken natural gas as the largest single energy source for Bitcoin mining. Low-carbon energy sources now account for 59.4% of the network's electricity mix, up from 52.4% in previous reporting periods. While overall power demand for Bitcoin mining reached approximately 190 terawatt-hours annualized—a 38% increase over an 18-month window—total greenhouse gas emissions grew by only 20% over the same period, rea

According to Bitcoin Magazine, U.S. listed company Strive purchased 79 Bitcoin for approximately $5.2 million on July 27.