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
10:22

Ripple Supports UK's £33 Billion Tokenized Finance Strategy as XRP Ledger Targets Institutional Markets

According to Ripple, the company is backing the UK's recently announced tokenization strategy for wholesale digital markets. Ripple believes onchain funds, bonds, and repos offer faster settlement, lower costs, and greater transparency than traditional infrastructure. The UK projects tokenized wholesale markets could generate up to £33 billion (approximately $45 billion) in annual economic output by 2035. Ripple is working with HM Treasury's Wholesale Digital Markets Taskforce to shape the digit
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10:21

Guangzhou Futures Exchange Announces Trading Rules for Polysilicon Futures PS2707

According to Guangzhou Futures Exchange, the trading commission for polysilicon futures PS2707 is set at 0.01% of transaction value, with intraday closing commission at 0.025%. The minimum order quantity for opening positions is 5 contracts per order, 1 contract for closing positions. Non-futures company members and clients are limited to a maximum daily opening volume of 200 contracts.
10:19

EU Commission to Submit Proposal Restricting Children's Social Media Use, von der Leyen Announces on July 13

According to EU Commission President Ursula von der Leyen, on July 13, the European Commission will submit a proposal later this summer to restrict children's use of social media platforms. The proposal will focus on setting a minimum age for children to access social media and strengthening the responsibilities of large tech platforms. Von der Leyen stated that social media is "not a toy" and should be governed by parental oversight rather than "predatory algorithms."
10:16

Apple Sues OpenAI for Stealing iPhone Technology; Musk-Altman Clash Intensifies as GPT-5.6 and Grok 4.5 Launch Same Week

According to a federal court filing, Apple sued OpenAI on July 10 in California's Northern District, alleging the company deliberately recruited Apple employees to leak unreleased product information, components, and design documents. Apple demands OpenAI cease the conduct, destroy all proprietary materials, and redesign upcoming products to remove any Apple technology. OpenAI denied the allegations, stating it has no interest in other companies' trade secrets. The legal action coincides with Op
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10:12

OpenEden Enters Hong Kong Market as Tokenized RWA Sector Hits $31B

According to a recent interview, OpenEden has entered Hong Kong's regulated digital asset market as the tokenized RWA (real-world asset) sector reaches $31 billion in total value, up over 400% since early 2025. The platform's flagship products — TBILL (tokenized U.S. Treasuries) and USDO (Treasury-backed stablecoin) — are now accessible through Ex.IO, a Hong Kong-licensed venue. Tokenized Treasuries alone surpassed $10 billion in value as of February 2026, with major institutions including Black
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10:12

GasFree Showcases Gas-Free USDT Transfers on TRON at WebX 2026 Tokyo

According to ChainCatcher, GasFree showcased its product at WebX 2026 in Tokyo on July 13. The platform allows users to send USDT on the TRON blockchain without holding TRX or paying gas fees. GasFree also offered attendees interactive activities with the chance to win prizes through scratch cards.
10:11

Bitget Launches Cash Plus Stablecoin Yield Product With 4% APY on USDT and USDC

According to ChainCatcher, Bitget has launched Cash Plus, a stablecoin yield product supporting USDT and USDC with 4% initial APY. The product offers daily compounding returns, instant 1:1 redemption, and zero fees. In the third quarter, Cash Plus will be integrated into Bitget's unified trading account (UTA), allowing users to earn yield while using balances as trading collateral.
10:09

MUFG: Moderate U.S. June Core Inflation Data Could Weigh on Dollar Strength

According to MUFG analyst Lee Hardman, the U.S. June core inflation data to be released on Tuesday could trigger dollar weakness if readings show moderate pressure. Hardman noted that if core inflation remains subdued and energy inflation eases, market participants may pare back expectations for further Federal Reserve rate hikes, potentially limiting dollar strength in the coming week.
10:07

Volkswagen CEO Signals Potential Layoff of 50,000 Positions Over Cost Disadvantage

According to Reuters, Volkswagen CEO Oliver Blume indicated in an internal memo to employees that the company may need to cut approximately 50,000 positions globally to improve cost competitiveness. The memo cited analysis showing the company faces a 20% cost disadvantage compared to comparable peers, requiring further reductions to align its cost structure with competitors.
10:07

Volkswagen CEO's Memo Signals Potential Cut of 50,000 Jobs Amid Cost Pressures

According to Reuters, Volkswagen CEO Oliver Blume's internal memo revealed on July 13 that the company may need to eliminate approximately 50,000 positions globally to align its cost competitiveness with rivals. The assessment found the automaker operates at a 20% cost disadvantage compared to comparable competitors, necessitating significant restructuring to reduce expenses across the organization.
10:05

Bitcoin, Ethereum Implied Volatility Surge Amid U.S.-Iran Military Tensions

According to QCP Capital, Bitcoin and Ethereum implied volatility continued rising this week as U.S.-Iran military tensions escalated over the weekend, 12 days after the two sides signed a ceasefire memorandum. The second round of negotiations faces headwinds as both sides accused each other of violating the 60-day ceasefire agreement. Oil prices remained near $70 per barrel, though upside risks persist if supply recovery lags expectations. In crypto markets, demand for 55,000–58,000 BTC put opt
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10:05

South Korean Retail Investors Turn to U.S. Market Amid Domestic Volatility on July 13

According to Korea Depository Trust & Clearing Corporation, retail investors in South Korea are increasingly shifting to U.S. equity markets on July 13, as domestic market volatility reaches peak levels. Government initiatives including the Retail Investment Account (RIA) and leverage products for Samsung Electronics and SK Hynix have failed to retain investors in the local market.
10:03

Binance Removes 6 Leveraged Trading Pairs on July 17

According to ChainCatcher, Binance will remove six leveraged trading pairs on July 17 at 14:00 UTC: cross-margin pairs 1INCH/USDC, LPT/USDC, MAGIC/USDC, MASK/USDC, SUSHI/USDC, and isolated-margin pair USDP/USDT. Users will be unable to update positions during delisting and should close positions or transfer assets before the removal.
10:01

Korea's Financial Risks Show Structural Similarities to Pre-1996 Asian Crisis, July 13 Analysis Shows

According to Tantoo Macro, an independent global macro research firm, Korea's current financial risks show structural similarities to the period before the 1996 Asian Financial Crisis (AFC), with semiconductor exports comprising 41% of total (versus 16% in 1996), foreign investor holdings in equities reaching a record 40%, and external debt-to-GDP ratio climbing to 39.6%, as reported by BlockBeats on July 13. Key differences exist: foreign currency reserves adequacy ratio reached 92% (only 54% b
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10:01

B.AI Unveils Full-Stack AI Capabilities at WebX 2026 in Tokyo

B.AI revealed its latest platform developments at WebX 2026 in Tokyo, showcasing full-stack artificial intelligence capabilities spanning advanced AI models, scalable APIs, and developer tools to a global audience of developers and innovators.
10:01

Hong Kong-Bound Mainland Investors Pour 90.38B HKD into Stocks, with Zhipu AI (02513) Seeing Largest Net Inflows of 47.36B HKD on July 13

According to ZhiTong Financial, mainland Chinese investors achieved net inflows of 90.38 billion HKD on the Hong Kong stock market on July 13, with Hong Kong Connect (Shanghai) accounting for 78.74 billion HKD and Hong Kong Connect (Shenzhen) for 11.64 billion HKD. Zhipu AI (02513) attracted the largest net buying at 47.36 billion HKD, followed by iShares Core Hang Seng ETF (02800) with 22.7 billion HKD and NetEase (09999) with 15.27 billion HKD. The semiconductor sector showed sharp divergence:
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10:01

Zhipu AI Shifts Focus to AGI Research as Market Cap Falls to HK$730 Billion from HK$1 Trillion

According to South China Morning Post, Chinese AI company Zhipu AI said it would prioritize artificial general intelligence research over near-term commercialization. In an internal letter, co-founder Tang Jie stated the company would spend the next two years on AGI-related research, including autonomous AI agents and AI safety. Zhipu's market capitalization fell to approximately HK$730 billion (US$93 billion) from above HK$1 trillion (US$127 billion) in late June.
10:01

Meta Commits Additional $40 Billion to Louisiana Data Center, Boosting Total Investment Beyond $250 Billion

According to Odaily, Meta Platforms on Monday announced an additional $40 billion investment in its Louisiana data center project, bringing the total projected investment to over $250 billion. The company plans to expand the rural facility to at least 5 gigawatts of computing capacity, supporting its artificial intelligence infrastructure buildout across an approximately 4,000-acre site.