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
06:27

Bitcoin MVRV Z-Score Falls to 0.42, Signals Undervaluation but No Capitulation Yet

According to CryptoQuant analyst Axel Adler Jr., Bitcoin's MVRV Z-Score has fallen to 0.42, approximately four times lower than the historical average of 1.7, indicating the asset is trading in an undervalued zone. However, the metric has not dipped into negative territory, meaning the market has not yet seen the "capitulation" selling typically associated with cycle bottoms. Bitcoin's 7-day realized profit and loss has turned positive to approximately $239 million, suggesting on-chain selling p
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BTC1.86%
06:26

Google to Raise Pixel Phone Prices as Memory Costs Surge Sixfold; Pixel 11 Launches Aug. 12

According to Google Vice President of Devices and Services Shakil Barkat, the company will raise prices on its Pixel phone lineup in response to soaring memory chip costs. Barkat cited Morgan Stanley data showing a sixfold increase in RAM prices, with 1 GB jumping from $2.80 in 2025 to $12 in 2026. The entire Pixel family, including the upcoming Pixel 11 series, will see price "adjustments rolled out dynamically," though specifics will be announced on Aug. 12. Leaked reports suggest the base Pix
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06:25

Hyperliquid Lists Changxin Technology Perpetual Futures at $7.2 Per Share Ahead of July 16 IPO

According to Guru Club, Hyperliquid, a decentralized derivatives platform, listed perpetual futures contracts for Changxin Technology on July 15, pricing them at $7.2 per share (approximately 52 yuan) ahead of the July 16 subscription. Based on post-IPO shares of 6.688 billion, the implied market cap stands at approximately 3.5 trillion yuan, roughly 6 times the IPO offering value of 579 billion yuan. Within 24 hours of launch, the contract generated $1.32 million in trading volume with $2.41 mi
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HYPE2.80%
06:23

South Korea's Four Major Banks Lag in Bond Purchases Despite Lending Growth in H1 2026

According to South Korean financial industry sources, the country's four major commercial banks significantly lagged in bond purchases compared to loan growth during the first half of 2026, despite implementing tighter lending policies. KB National Bank's loan bonds increased by approximately 11 trillion Korean won during H1, while financial investment assets rose only 4 trillion won. Shinhan Bank saw loan bonds grow by about 13 trillion won, but financial assets under other comprehensive income
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06:22

Vodacom Raises Safaricom Stake to 55% on June 30, Shifts Dividend Policy to Fuel Growth

According to Vodacom's Q1 2026 trading update, the South African telecom increased its stake in Safaricom from 35% to 55% effective June 30, 2026. Concurrently, the board revised its dividend policy to a minimum 65% payout ratio of headline earnings, down from previous levels, to prioritize network infrastructure investment and digital services scaling alongside the acquisition. Vodacom upgraded medium-term growth targets: EBITDA and operating free cash flow guidance raised from double-digit to
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06:21

Stripe's Head of Partnerships Connor Fitzgerald Departs This Week

According to Foresight News, Connor Fitzgerald, head of partnerships at payment company Stripe, departed from the company this week. During his tenure, Fitzgerald facilitated Stripe's collaboration with Visa to support wallet and fintech companies in issuing Visa cards backed by stablecoins.
06:21

South Korea's National Pension Fund Expands Global VC Partnerships on July 27, Boosting Venture Capital Inflows

According to South Korea's investment banking sector, the National Pension Service expanded its global venture capital partnerships while the Lee Jae-myung administration launched overseas venture funding attraction policies on July 27, spurring expectations of increased domestic VC investments. However, investment banks have raised concerns that concentrated funding flow to artificial intelligence and deep tech firms may trigger valuation inflation.
06:21

Kioxia Leveraged ETFs: 9 New Products Set to Launch in U.S. Amid Volatility Concerns

According to Bloomberg, on July 27, Kioxia Holdings is advancing plans to list 9 leveraged exchange-traded funds (ETFs) in the United States, including products that track the Japanese chipmaker's stock price with 2x daily returns and inverse variants. Market participants have expressed concerns that the new products could amplify stock price volatility.
06:21

Hyperliquid Launches 'Stars' Feature with Address Whitelist for HIP-3 DEX on Testnet

According to BlockBeats, Hyperliquid's testnet introduced a new 'stars' feature on July 27, enabling optional address whitelisting for HIP-3 DEX markets. Deployers can restrict opening and increasing positions to whitelisted addresses, with a current testnet limit of 10,000 addresses per market. Unauthorized addresses can still deposit funds and submit closing-only orders to reduce existing positions. The feature maintains Hyperliquid's permissionless base layer while adding optional access cont
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HYPE2.80%
06:19

Zelenskyy: Putin Plans Large-Scale Mobilization of 300K-500K Troops by Early October

According to President Zelenskyy, Russian President Putin is not planning to stop the war and is preparing a major mobilization campaign targeting 300,000 to 500,000 troops, expected around early October. Zelenskyy stated that Ukrainian intelligence indicates Putin will proceed with the operation unless Western partners impose comprehensive sanctions on Russia.
06:16

OPPO Launches Xiaolu Next Plan for Find X9, X8 and OnePlus 15, 13 Today

OPPO officially launched the Xiaolu Next plan today, aiming to explore the next form of AI. The initiative features cross-domain memory, always-on perception, and expert team collaboration, enabling AI to shift from passive responses to proactively solving complex problems. Supported devices include OPPO Find X9 and X8 series, as well as OnePlus 15 and 13 series.
06:16

Anthropic Seeks Chip Supply From SK Hynix Following Self-Design Plan

According to SK Group Chairman Choi Tae-won, who disclosed the information at an AI industry event in San Francisco, Anthropic has formally approached SK Hynix (SKHY-US) for semiconductor components to support its in-house chip development initiative. Choi noted the AI startup's ambitions in the chip sector as "remarkable." Anthropic's self-design efforts, unveiled in April 2026, span both application-specific integrated circuits (ASICs) and graphics processing units (GPUs). In May 2026, SK Hyni
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06:10

Alibaba 1688 Launches AI Agent Product Xiang Zao for Custom Commodity Design on July 27

According to PANews on July 27, Alibaba 1688 is developing an AI Agent product called Xiang Zao for end-user commodity customization. Currently embedded within the 1688 platform, the tool enables users to complete design, production preview, pricing, and one-click checkout independently. After order confirmation, the system intelligently routes production specifications to factories for automated manufacturing. Xiang Zao plans to launch as a standalone app in the future.