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
15:15

Trump Warns Iran: Talks Window Limited, Will Resume Military Action if Negotiations Fail

According to Jin10, on July 27, U.S. President Trump warned that negotiations with Iran have a limited window and stressed the country will not be given excessive time. Trump cautioned that if talks collapse, the U.S. will resume "very powerful" military operations. Trump stated he decided to pause attacks on Iran at the request of mediators seeking a chance for dialogue, and that he believes Iranians want to reach an agreement.
15:13

U.S. Core Capital Goods Orders Rise 0.9% in June, Beat Expectations; Shipments Hit 5-Year High

According to the U.S. Commerce Department on July 27, core capital goods orders, a key indicator of business equipment investment, increased 0.9% in June, surpassing the market expectation of 0.8%. The May reading was also revised upward to 1.9% from the previously reported 1.4%. Core capital goods shipments surged 1.9% in June, marking the largest monthly increase since late 2021 and up sharply from 0.2% in May. Strong demand for AI-related equipment and defense orders, driven by Middle East te
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15:12

ETH Shorts Liquidated for $113M as Ethereum Hits $1,980 on July 27

On July 27, Ethereum (ETH) surged 4.5% to peak at $1,980 on Bitstamp, wiping out $113 million in short positions within 24 hours according to Coinglass data. ETH's market capitalization jumped to $237 billion, reclaiming levels not seen since June 2. The rally was driven by sustained spot ETH ETF inflows of $104 million between July 20-24 and Circle's receipt of final U.S. Office of the Comptroller of the Currency (OCC) approval to establish a national trust bank, strengthening USDC infrastructu
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ETH1.78%
USDC0.02%
15:09

Fuel Oil Falls 3.5% in Night Trading; Soda Ash and Coking Coal Down Over 2%

In the night trading session, fuel oil fell approximately 3.5%, leading losses among commodities tracked. Soda ash and coking coal declined over 2%, while LPG dropped 1.7% and iron ore fell 0.3%. In contrast, japonica rice closed flat, and rubber and natural rubber futures rose as much as 0.27%.
15:06

Lightning Labs Launches Wavelength: Bitcoin Payments API with 1 Basis Point Fee, Now on Testnet

Lightning Labs released the alpha version of Wavelength on July 21, a non-custodial API toolkit enabling developers and AI agents to integrate self-custodial Bitcoin payments into applications without managing nodes or channels. The toolkit embeds a self-custodial wallet supporting on-chain Bitcoin, Lightning Network payments via atomic swaps, and an Ark-like settlement layer for fast, low-cost off-chain transfers. The same API is exposed to AI agents through the Model Context Protocol (MCP), al
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BTC-0.03%
15:06

Coinbase Launches Post-Quantum Custody System, Forms Bitcoin Security Advisory Board

According to Coinbase on Thursday, July 24, the U.S. exchange announced plans to deploy a post-quantum custody system to prepare Bitcoin for future quantum computing threats. Coinbase formed an Independent Advisory Board on Quantum Computing and Blockchain earlier this year, which will deliver a post-quantum signing pipeline using secure enclaves and threshold cryptography. The company said it will automate the pipeline within the next year, allowing quantum-safe custody once blockchains adopt p
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BTC-0.03%
15:06

Morgan Stanley Bitcoin ETF Nears $400M in Assets, Less Than Four Months After April Launch

According to Farside Investors data, Morgan Stanley's Bitcoin exchange-traded fund has accumulated close to $400 million in assets under management since launching in April. The NYSE Arca-listed product, the first Bitcoin ETF offered by a major bank, received over $33 million in fresh cash on its debut day and has attracted $15.7 million in new investment this week alone, demonstrating strong investor demand for the product.
BTC-0.03%
15:06

Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq

According to Sygnum, BancaStato, the cantonal bank of Ticino in southern Switzerland, launched regulated crypto trading on Thursday. Clients can now buy, hold, and sell bitcoin directly through the bank's existing web and mobile apps by connecting Sygnum's API to the bank's Avaloq core banking system. The service enables market orders by quantity or U.S. dollar value, with bitcoin at the center of the initial offering. Client assets are held off-balance sheet in Sygnum's institutional-grade, mul
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BTC-0.03%
15:05

ETH/BTC Hits 3-Month High on July 27, Ethereum Rebounds Against Bitcoin

According to BlockBeats, the ETH/BTC trading pair reached a 3-month high on July 27, signaling a relative recovery for Ethereum against Bitcoin. The ETH/BTC ratio measures Ethereum's strength relative to Bitcoin rather than performance against the U.S. dollar. The pair had declined approximately 80% cumulatively between 2021 and 2025, remaining under prolonged downward pressure.
ETH1.78%
BTC-0.03%
15:04

Smarter Web Company Sells 177.89 BTC to Repay $11.7 Million Debt Facility

According to official announcement, Smarter Web Company sold 177.89 BTC at an average price of $65,762 per unit on July 23 to repay an $11.7 million convertible debt facility ahead of schedule. The transaction totaled $11,698,540 and was settled roughly two weeks early. After the sale, the company retains 2,700 BTC in treasury.
BTC-0.03%
15:04

NBCUniversal Embeds Peacock in YouTube Premium for U.S. Subscribers Starting Early 2027

According to CNBC, NBCUniversal's Peacock content will be embedded directly into YouTube Premium subscriptions in the U.S. starting early 2027, the companies announced Monday (July 28). The integration includes NBC Sports programming featuring the NFL and NBA, Universal films such as the Minions franchise, and original content including "Real Housewives" and "Love Island USA." YouTube Premium costs from $8.99 per month, while Peacock Premium currently costs $10.99 monthly. YouTube Premium has ov
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15:04

Bitcoin Consolidates at $63,700 as Long-Term Holders Tighten Supply, VanEck Reports

According to VanEck's mid-July Bitcoin ChainCheck report, Bitcoin consolidated near $63,700 through the month with long-term holders strengthening their positions. The share of bitcoin held longer than one year reached 60.8% of total supply, climbing from 59.1% six months earlier despite the price decline. VanEck characterized the current setup as a cautious pause rather than a capitulation bottom. Derivatives showed fear rather than panic, with perpetual-futures funding rates at +4.5% on a 30-d
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BTC-0.03%
15:04

Nasdaq-Listed Zhibao Technology to Receive 3,500 Bitcoin in PIPE Financing

According to Zhibao Technology, the Nasdaq-listed insurance-technology firm announced Wednesday it signed a non-binding term sheet for a private investment in public equity (PIPE) financing where it would receive approximately 3,500 Bitcoin as payment, worth near $220 million at current prices. The buyer, Joyertech and Information OPC, would subscribe for Zhibao shares with bitcoin as consideration. Under the proposed structure, the new buyer would name a majority of the board at closing, gainin
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BTC-0.03%
15:04

Kazakhstan Approves Strategic Digital Mining Program, 10% of Mined Crypto to Fund National Reserve

According to Bitcoin Magazine, Kazakhstan's government approved a strategic digital mining program on July 18 that requires miners to transfer 10% of mined digital assets to the state after covering electricity and grid service costs. The program, established through a presidential decree signed July 7 and government resolution no. 638, aims to build a national strategic crypto reserve managed by the National Bank's investment arm, routing mining output through regulated state infrastructure. Un
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BTC-0.03%
15:04

Coinbase Settles FOIA Suit With SEC Over Destroyed Text Messages; Agency to Pay $150,000

According to Paul Grewal in a Wall Street Journal op-ed published Wednesday, Coinbase has settled its Freedom of Information Act lawsuit with the SEC. Under the settlement terms, the SEC will pay $150,000 and commit to repairing its record-retention policies. The case centered on text messages from former SEC Chair Gary Gensler covering October 2022 to September 2023, which the SEC's own inspector general found had been deleted after the agency reset his phone before a backup was made. That 12-m
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15:04

Elizabeth Warren Criticizes Clarity Act on July 22, Claims It Enables Money Laundering by Criminals

Democratic Senator Elizabeth Warren criticized the Clarity Act draft bill on July 22, arguing it would allow criminals, cartels, and terrorists to move money while failing to protect investors and the financial system. In a video statement on X, Warren claimed the bill would also allow President Donald Trump to profit from crypto. The Senate GOP's latest draft includes ethics provisions banning federal officials and their families from issuing or promoting digital assets, though Warren said thes
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15:04

PUMP Token Breaks Out 18% in 24 Hours Despite 82.5B Coin Unlock

Mid-July marked the first vesting tranche for Pump Fun's PUMP token. Investors received 32.5 billion PUMP (25% of allocation), while team members unlocked 50 billion PUMP, also representing 25% of their allocation. Despite this 82.5 billion token supply increase, PUMP climbed to $0.00214, gaining 18% in the past 24 hours and 42% over the last seven days. The token absorbed its largest unlock event without breaking down, with buyers stepping in to push prices higher.
PUMP13.66%
15:04

Senate Republicans Release Updated Clarity Act Banning Trump and Officials From Issuing Crypto, With 2029 Sunset

According to Bitcoin Magazine, Senate Republicans released an updated Clarity Act draft on Wednesday that bars the President, Vice President, members of Congress, federal judges, and their spouses from issuing or sponsoring digital assets in exchange for consideration. The ban extends to covered federal employees and includes a safe harbor allowing officials to place crypto holdings in a qualified blind trust or divest them entirely. The ethics provisions expire at noon on January 20, 2029, mark
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TRUMP-1.14%
WLFI-0.81%
15:04

Senate Democrats Reject Clarity Act Ethics Language, Thune Doubts Pre-Recess Passage

Senate Democrats rejected the ethics provision in the latest Clarity Act draft on Thursday, July 24, with Majority Leader John Thune doubting the crypto market-structure bill can pass before the August recess. The dispute centers on enforcement: Democrats refuse to accept the Department of Justice as the sole enforcer, citing distrust of the Trump Justice Department. Senator Ruben Gallego of Arizona called the GOP proposal "not a serious effort" and said he is preparing a counteroffer with Senat
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