Gate Crypto Flash News and Market Updates

According to Michael Saylor's post on X on July 29, the Bitcoin advocate warned that while Bitcoin has "already won," its greatest threat comes not from external enemies but from internal governance risks. Saylor criticized proposals like BIP-110 and other attempts to modify Bitcoin's consensus rules, arguing they prioritize specific group interests over network security. He highlighted concerns about transaction censorship mechanisms, increased block sizes that could weaken scarcity, and comple

According to CNN, Israeli Prime Minister Benjamin Netanyahu departed the White House West Wing on July 28, concluding his meeting with U.S. President Donald Trump.

According to Kalshi prediction market data, Meta management is expected to focus on cloud computing during its earnings call Wednesday (July 29 after market close). Traders are betting a 90% probability the word 'cloud' will be mentioned—the highest among all tracked keywords. The focus reflects Meta's reported development of a cloud infrastructure business to sell raw computing capacity to external customers. Additionally, traders are betting a 74% probability that Meta will mention Ray-Ban, it

According to Odaily, Kraken has opened Jersey Mike's IPO subscription for eligible U.S. users and tokenized stock JMKEx for users in 110+ countries and regions. Eligible U.S. users can apply to purchase book-entry shares at the IPO price, while JMKEx is backed 1:1 by underlying shares held with regulated custodians. The sandwich chain, which operates over 3,300 locations, is expected to price between $21 and $25 per share and will trade on the NYSE under ticker JMKE. After IPO completion, JMKEx

According to official statements, Lotus Technology, Finloop, and FOMO Pay signed a non-binding memorandum of understanding today to explore real-world asset tokenization and blockchain-based payment solutions for the luxury mobility sector. The collaboration will focus on digital asset issuance, tokenization, distribution, and compliant payment services, with Finloop providing RWA tokenization expertise and FOMO Pay contributing cross-border payment infrastructure. The parties plan to assess reg

At the 2026 ASEAN Tech Summit in Manila, Binance founder Changpeng Zhao called for a common regulatory framework to support cryptocurrency operations across Southeast Asian countries. Zhao proposed a 'crypto regulatory passport' system that would allow cryptocurrency licenses obtained in any ASEAN member country to be recognized by others, enabling companies to operate regionally with a single license instead of applying separately in each jurisdiction. According to Zhao, such a system would red

According to Caixin, Nvidia's five-year credit default swap spreads surged 14 basis points to 0.82% on July 29, marking the largest single-day intraday gain since November 2025. The spike reflects heightened investor concern over Nvidia's credit risk, triggered by reports that the chipmaker may provide credit support for OpenAI's data center expansion.

According to CNBC's Investing Club, Jim Cramer urged investors to remain cautious on AI infrastructure names on Tuesday after their massive rallies earlier this year. He recommended trimming positions in Corning—which has fallen more than 50% from its June 29 peak—saying "parabolic moves must be sold." Cramer said he would continue buying Intel "on the way down" and remains bullish on Boeing following its stronger-than-expected cash flow, stating "Boeing's about to have a multi-month move."

According to S&P Dow Jones Indices, U.S. home prices rose 1.1% year-over-year in May, accelerating from April's 0.9% gain. The 10-city and 20-city indices posted respective annual increases of 2.4% and 1.6%, compared to 1.8% and 1.2% in April. Chicago led metropolitan gains at 6.9%, followed by New York at 4.2%. In nominal terms, month-over-month gains reached 0.6% nationally and 0.9% for both multi-city indices. However, S&P's Rebecca Kaufman noted that with May inflation at 4.2%, the highest i

According to the U.S. Department of Justice, Justin Ryan Schmidt, 46, founder of crypto investment fund Translunar Crypto LP, was sentenced to 37 months in prison in July 2026 for tax evasion. Schmidt pleaded guilty in Austin federal court, Texas, after being charged with underreporting income between 2020 and 2022, claiming less than $5,000 when prosecutors said he actually earned over $7 million from his fund's operations during 2019–2022. The U.S. Internal Revenue Service Criminal Investigati

According to Bitwise CIO Matt Hougan, interest rate decisions will have less impact on Bitcoin over the next five years than the past 15 years, as the CME expects only a 50-basis-point rate increase in the coming year. Hougan suggested that the Federal Reserve under Warsh's leadership may adopt a more gradual adjustment approach similar to the Greenspan era in the mid-1990s, rather than the larger moves seen under Bernanke and Powell. With smaller rate fluctuations ahead, the influence on Bitcoi

According to BlockBeats, on July 29, Tom Lee, chairman of Bitmine, told CNBC that the crypto market has bottomed. Bitmine is Ethereum's largest treasury company.

According to PANews, xAI launched Grok Build in early beta form on July 29, available to SuperGrok Heavy subscribers.

According to The Fly, Alliance Global Partners downgraded Capricor Therapeutics to Neutral from Buy on Tuesday, cutting its price target by 86% to $7 from $51. The brokerage cited a lower probability of FDA approval for Deramiocel, a higher discount rate, and a reduced sales outlook. The downgrade follows the FDA's release of briefing documents questioning whether the company's HOPE-3 trial provided convincing evidence of effectiveness for its Duchenne muscular dystrophy therapy. The FDA noted t

According to BlockBeats, Ionic Digital rose 4% on its first trading day on Nasdaq on July 29, with market capitalization reaching approximately $2.33 billion, according to BIT (bit.com) market data.

According to Lookonchain, BitMEX co-founder Arthur Hayes purchased 3,298 ETH for $6.39 million on July 28, bringing his July total to 7,213 ETH worth $13.87 million at an average entry price of $1,923. The Maelstrom chief investment officer is currently down approximately $301,000 on the cumulative position. Ether was trading near $1,900 on July 28, up roughly 20% for the month, as renewed institutional demand drove ether ETF inflows of $103.9 million during the week of July 20-24, roughly tripl

According to Bloomberg data, on July 28, German two-year bond yields fell 4.5 basis points to 2.748% during European market close. German ten-year yields declined 2.9 basis points to 3.104%, while thirty-year yields dropped 1.8 basis points to 3.601%. Across the eurozone, French ten-year yields fell 4.1 basis points to 3.884%, Italian ten-year yields fell 4.1 basis points to 3.902%, Spanish ten-year yields fell 3.8 basis points to 3.552%, and Greek ten-year yields fell 4.0 basis points to 3.804%

According to The Block, Robinhood Chain's total value locked (TVL) reached approximately $325 million in less than a month since mainnet launch, with no losing days recorded. However, all throughput metrics peaked in the chain's second week and have since declined. DEX volume averaged $553 million daily last week, down 27% week-over-week, while active accounts fell 7% to around 275,000 per day. The chain's turnover ratio fell from 9.25x to 1.68x by Friday, indicating deposits are arriving faster

According to SUPPLY, South Korea's stock market plunged during today's session (July 29) and activated a level-one circuit breaker. Financial Commission chair Lee Eui-won stated that if demand for single-stock leveraged ETFs fails to cool sufficiently, regulators will research further measures including personal investment caps. The Financial Commission has already announced that starting July 31, it will raise the minimum margin for single-stock leveraged ETFs to 30 million won and strengthen i

According to PANews, on July 29, Kimi unveiled PerceptionBench, an open-source multimodal vision perception benchmark with 3,000 manually verified questions covering 10 atomic capabilities including visual relationships, counting, attributes, depth, localization, and hallucination detection. Among 16 leading multimodal models evaluated, none exceeded 60% overall accuracy. GPT-5.6-Sol ranked first with 59.7%, followed by Kimi K3 (58.5%), Claude-Fable-5 (57.2%), Gemini-3.1-Pro (56.2%), and GPT-5.5