Gate Crypto Flash News and Market Updates

French President Emmanuel Macron stated that France will continue its participation in Syrian affairs while refusing to compromise on security matters.

According to payments infrastructure firm Decta, MiCA-compliant euro stablecoins surged 128% to $673.9 million in the year ending June 28, 2026, up from $295.6 million a year earlier. The growth coincided with the European Union's crypto-asset service provider transition period closing on June 30, forcing unlicensed firms out of the market. Trading volume climbed 43.1% to $67.3 million over the same period, while the number of qualifying tokens expanded from five to eight.

According to Bloomberg Opinion analysis published on July 7, OpenAI CEO Sam Altman proposed giving the U.S. government a 5% stake in the company, valued at approximately $42.6 billion, framing it as a way for Americans to share in AI's economic gains. However, the analysis cautioned that such an arrangement could function as a channel for regulatory capture, citing economist George Stigler's 1971 theory that regulation tends to serve the industries it oversees. With OpenAI's valuation exceeding

According to Binance's official announcement, the cryptocurrency exchange will delist five spot trading pairs on July 10, 2026, at 09:00. The pairs being removed are GMX/USDC, PARTI/FDUSD, RUNE/BTC, SEI/BTC, and T/USDC. Binance stated that the delisting decision was based on criteria including insufficient liquidity, low trading volume, and overall market quality. The company noted that this does not mean the tokens themselves have been removed—users can continue buying and selling GMX, PARTI, R

According to Capital FM Africa, Kenya's Capital Markets Authority is seeking to purchase a blockchain analytics platform to monitor digital asset transactions, investigate suspicious activity, and enforce compliance under the Virtual Assets Service Providers Act signed in October 2025. The system would track Bitcoin, Ethereum, and at least 20 other blockchains in real time and retrospectively, generating automated alerts for high-risk wallets, large transfers, coin mixers, and sanctioned entitie

According to the Daily Mirror, the UK Labour Party will not participate in the upcoming Clacton by-election triggered by Reform UK leader Nigel Farage. The decision marks a shift in Labour's electoral strategy regarding by-elections in the constituency.

According to CNBC, Samsung Electronics shares dropped 8% on Tuesday after its quarterly profit missed Wall Street's AI demand expectations, despite earnings surpassing both Nvidia and Apple and the company guiding for a 1,800% jump in operating profit. The selloff spread across the semiconductor sector, with South Korea's Kospi index falling about 5%, SK Hynix dropping 7% ahead of its Nasdaq listing, and U.S. chipmakers including Micron, Intel, and Applied Materials each declining 5–8%. The iSha

According to crypto.news analysis published on July 7, Lido's stETH leverage loops carry hidden liquidation risks that most yield guides fail to quantify. Leverage strategies on the liquid staking token push returns to 8% to 15% annually through recursive borrowing and restaking, versus the base reward of 3.2% to 3.5%. Aave's Lido Prime Instance offers loan-to-value ratios up to 95% on wstETH, leaving only a 5% margin before positions face liquidation. A temporary stETH depeg would trigger force

According to GoPlus Security, on July 7 at 1:59 a.m. UTC, an Ethereum trader lost $1.99 million in a same-block backrun exploit by block builder Titan. The trader swapped 1,126.44 Ether ($2.01 million) but received only $14,500 in tokens after a decentralized exchange router directed the transaction through a low-liquidity pool, allowing Titan to extract $1.8 million in a single block. GoPlus Security distinguished the incident from a conventional sandwich attack, noting it was "a real, highly i

According to Paris Court of Appeal on July 7, Marine Le Pen, a far-right National Rally lawmaker, won a reduced sentence in her appeal hearing on misuse of European Parliament funds. Her electoral ban was cut from 60 months to 15 months, with the latter already served as of March 31, 2025. This effectively clears her path to run in next year's French presidential election. France's 10-year government bond yield rose to 3.67%, up 4.51 basis points, as markets anticipate fiscal expansion if Le Pen

According to the New York Federal Reserve's June Survey of Consumer Expectations released on July 8, U.S. consumers' median one-year inflation expectations reached 3.7%, up 0.2 percentage points from May and marking the highest level since September 2023. Three-year inflation expectations also rose 0.2 percentage points to 3.3%, the highest since June 2022.

According to Hyperliquid data, SpaceX's SPCX-USDC contract was trading at $151.51 on July 7, down more than 6% in the last 24 hours. The contract saw trading volume exceeding $298.8 million and open interest above $147.9 million within the same period. SpaceX shares joined the Nasdaq 100 index on July 7. Morgan Stanley set a $300 price target with an overweight rating, while Bernstein issued a $239 target, UBS a buy rating at $210, and Goldman Sachs initiated coverage with a $205 target. The Nas

On July 7, the Federal Reserve's overnight reverse repurchase agreement (RRP) facility had $44.84 billion in usage across 14 counterparties, up from $27.19 billion the previous trading day.

According to a CNN interview on July 8, Israeli Prime Minister Benjamin Netanyahu stated that Israel and the United States hold aligned positions on Iran, despite occasional disagreements. Netanyahu also noted that it remains too early to determine how Iran's situation will develop next and did not disclose whether further action will be taken.

According to Bitcoin.com News, Kucoin has secured exclusive crypto sponsorship of UAE Team Emirates for 2026, holding sole rights across cryptocurrency exchanges, blockchain trading platforms, and crypto wallet services. The exchange's branding now appears on the team's buses, support vehicles, and fleet cars throughout the three-week race. Isaac del Toro won Stage 2 in Barcelona on July 5, with teammate Tadej Pogačar finishing second as the team recorded a one-two result. Pogačar enters this ye

ScotiaBank upgraded Cloudflare (NET) to Sector Outperform on July 7 with a $300 price target, citing AI-driven traffic growth and expanding Workers platform adoption. The upgrade also reflects strength in SASE (Secure Access Service Edge) market wins.

SpaceX shares moved back toward the June 12 IPO opening price of $150 on the quiet period expiration day, allowing underwriters to publish equity research for the first time since the listing. Nearly all analyst initiations released were bullish on the space company's stock.

Morgan Stanley recently initiated coverage of Kingsoft Cloud (KC) with an Overweight rating and a $15 target price, citing strong artificial intelligence cloud growth and margin expansion potential in the company's operations.

According to Deutsche Bank and Stanford's AI Index, U.S. private AI investment reached $286 billion in 2025, more than 20 times higher than China's investment level.

According to Erste Group, Broadcom (AVGO) shares fell 3% following a downgrade to Hold on valuation concerns. The bank flagged concerns over the chipmaker's valuation despite noting a strong AI chip revenue outlook.