Gate Crypto Flash News and Market Updates

According to market data, Brent crude futures rose 3.2% to $86.79 per barrel and WTI gained 3.3% to $81.91 as of 6:45 a.m. GMT on Wednesday, reversing part of Tuesday's decline as renewed U.S.-Iran tensions sparked renewed concerns over Middle East supply disruptions. The rally followed U.S. military strikes on Iran-backed groups in Iraq, U.S. interception of Iranian missiles, and Iran's rejection of an Oman-backed Strait of Hormuz proposal. Shipping data underscored supply risks: only eight com

According to Jin10, over the past 24 hours, Trump asserted that Iran does not control the Strait of Hormuz and only the U.S. can determine which ships pass through. He called on Iran to formally commit to remaining non-nuclear and stated U.S.-Iran negotiations are progressing well, warning of strikes if no agreement is reached. Trump also met with Ukrainian President Zelensky and agreed to provide Patriot missile licenses to Ukraine.

According to sources reported by Jin10, on July 29, some U.S. military personnel stationed in the Middle East may have their phones confiscated, with commanders ordering troops not to share videos related to strikes on Iran.

During a phone interview with Fox News on July 28, U.S. President Trump said he does not care whether the United States renews the United States-Mexico-Canada Agreement (USMCA), calling the pact far more important to Mexico and Canada than to America. Trump stated he is not interested in renewal and does not "want to renew it at all," arguing that Mexico and Canada need the U.S. more than the reverse. Meanwhile, major labor unions across North America called for continued solidarity between the

According to Foresight News, Bybit has launched three ETF perpetual contracts today (July 29), including Leverage Shares 2X Short SPCX Daily ETF (SSPCUSDT), Direxion Daily 20 Year Treasury Bull 3X ETF (TMFUSDT), and ProShares UltraShort 20+ Year Treasury (TBTUSDT). All three contracts support a maximum leverage of 25x.

According to Yonhapinfomax, South Korea's foreign exchange swap points declined on July 29 due to month-end balance sheet adjustments and offshore forward currency sales. The 1-year maturity FX swap point fell 0.40 won to close at -12.50 won, while the 6-month maturity declined 0.40 won to -5.60 won and the 3-month maturity dropped 0.45 won to -2.40 won. A bank swap dealer attributed the decline to financial institutions' month-end liquidity management and the absorption of outright forward curr

According to BlockBeats, on July 29, Selini Capital founder Jordi Alexander responded to a Lookonchain-detected transfer of 495,473 HYPE tokens (approximately $26.8 million) from a Selini-linked address to OKX, denying allegations of a market dump. Alexander stated that HYPE is used across multiple ecosystem functions including trading fee staking, wallet integration, market-making and arbitrage on HyperEVM, and token auctions. He also dismissed concerns about positions from Paradigm and Multico

According to The New York Times, major AI companies including OpenAI and Alphabet are conducting large-scale recruitment of electricians, plumbers, and other skilled tradespeople across the U.S. to support data center construction and operations, creating a shortage of technical workers in some regions. OpenAI's data center project in Saline Township, Michigan has become the state's largest single investment, requiring hundreds of electricians to work 10-hour shifts seven days a week. The intens

According to CoinDesk, Ionic Digital (NASDAQ: IOND), a bitcoin mining company formed from Celsius Network's bankruptcy restructuring, surged 26% on its NASDAQ debut today, reaching a market valuation of approximately $2.8 billion. The stock opened at $50 and closed at $62.90, compared to NASDAQ's reference price of $53. The company, established in January 2024, assumed Celsius's mining assets through a court-approved reorganization plan and issued 37 million shares of Class A common stock to Cel

According to PPP prediction market tool monitoring, the predict.fun event "T1 vs KT" shows T1 has a 78% probability of winning. The matchup is scheduled for this afternoon in LCK Week 3 and will be played in best-of-three format. KT made a last-minute roster adjustment, replacing ADC Kim Ha-ram (Aiming) with FenRir for today's game. The team cited internal conflict during practice that negatively impacted team synergy as the reason for the change. T1 will field its full starting lineup.

According to Lookonchain's analysis using CoinGlass data, Ethereum ETFs recorded net inflows of $71.17 million (37,959 ETH) over the week ending July 28, while Bitcoin ETFs saw net outflows of $200.23 million (3,170 BTC) over the same period, marking the third consecutive week of ETH inflows.

According to BlockBeats, on July 29, MicroStrategy (Nasdaq: MSTR) executive chairman Michael Saylor reported the company's annualized stock returns of 42% since adopting Bitcoin as its primary reserve asset in August 2020. As of the same date, MSTR holds 843,775 BTC acquired at an average cost of $75,476 per coin, totaling approximately $63.69 billion in cumulative purchases. The current position reflects a 17.9% unrealized loss, or approximately $11.4 billion below cost basis.

According to Seoul bond market data on July 29, South Korea's interest rate swaps (IRS) declined across all tenors. The 1-year IRS fell 2.50 basis points to 3.4225%, while the 5-year contracted 4.75bp to 3.9675% and the 10-year dropped 4.50bp to 4.0825%. SOFR-based rates also declined, with the 1-year down 2.50bp to 3.2500%, the 5-year falling 1.50bp to 3.5600%, and the 10-year declining 2.00bp to 3.5000%. Bond dealers attributed the strength to weakening back-to-back betting amid falling exchan

According to a recent announcement, China Power-controlled subsidiary China Power Hydro (600292.SH) released first-half 2026 earnings guidance expecting net profit of approximately 1.19 billion yuan, representing a 122% year-over-year increase. The surge reflects the completion of the 2025 major asset restructuring in October, which added Wuling Power and Guangxi Changzhou Hydropower to the consolidated scope, boosting hydroelectric generation volumes and newly integrating new energy operations

In Q2, Hermès stock fell over 10%, reaching its lowest level since 2023. According to its Q2 financial results, the luxury brand's revenue beat expectations; however, currency fluctuations resulted in a negative impact of over €360 million on earnings.

According to Herald Economy, TIGER SK Hynix single-stock leverage ETF plunged nearly 80% over one month, with an additional 20%+ decline on July 29. The sharp selloff has wiped out most investors' principal capital in the product, per ETF Check data.

According to Dune platform data cited by ChainCatcher, Bitget's rToken trading volume reached approximately $30 million in the past 24 hours, surpassing Ondo's $25 million in combined trading volume across all centralized and decentralized exchanges. Ondo, an early pioneer in RWA-based stock tokens, has experienced significant trading volume decline recently as major exchanges including Binance Wallet, Bitget, and Gate have launched their own stock token offerings.

According to Yonhapinfomax, the Korean won fell to 1,446.70 against the U.S. dollar on July 29, down 15.80 won from the previous close, marking its lowest level since Feb. 27. The decline was driven by large-scale foreign currency conversion related to SK Hynix's American depositary receipts (ADRs) and month-end negotiation flows from exporters. Foreign investors also sold over 23,000 dollar futures contracts for a second consecutive day. Bank of Korea Governor Shin Hye-sung stated the central b

According to Standard Chartered's International Business President Hung Pei-cheng, the bank raised its income guidance and increased dividends, targeting 15-20% earnings per share growth over the next three years. The group will progressively shift its capital distribution mix from share buybacks toward higher dividend payouts; in H1 2026, buybacks accounted for 66% of returned capital versus 34% for dividends, compared to over 70% buybacks historically. Over the coming years, this ratio will gr

According to market data, Meta Platforms' stock fell for nine consecutive sessions through Wednesday, marking its worst losing streak in its history, ahead of the company's Q2 earnings report due after market hours. Analysts expect the report to show Q2 revenue rising 27% to $60.29 billion, but investors are closely watching the company's capital expenditure outlook following Alphabet's CapEx guidance increase last week. Meta has guided 2026 CapEx between $125 billion and $145 billion, revised u