Gate Crypto Flash News and Market Updates

According to Bloomberg, CBOT corn and soybean futures declined on Wednesday, July 29 during New York's closing session. Corn futures fell 1.98%, while soybean futures dropped 2.34% to $11.9150 per bushel. Wheat futures also retreated 0.38%. Among soybean-related products, soybean meal futures declined 1.16% and soybean oil futures fell 1.87%.

According to U.S. President Trump, Iran fired 5 missiles overnight on July 28, all of which were shot down.

U.S. 30-year Treasury yield rose 10 basis points to 5.19% today (July 29).

The onshore Chinese yuan (CNY/USD) closed at 6.7630 as of 3 a.m. Beijing time on Wednesday, up 80 pips from Tuesday's close. Trading volume reached 34.861 billion USD.

Ukrainian President Volodymyr Zelenskyy stated that Russia had planned a large-scale attack several days prior to its execution.

Ukrainian President Volodymyr Zelensky warned that Russian attacks are "highly likely" to occur tonight (July 29), according to his statement.

According to The Block, Pump.fun's token graduation rate reached 6.7% last Friday, roughly 8x higher than the June average of 0.8%. The surge coincided directly with the launch of BOOST, a new default mechanism that incentivizes higher graduation rates by deploying locked migration liquidity into automatic market buys and token burns immediately after a token migrates. Meanwhile, Pump.fun's native PUMP token gained over 10% year-to-date as of Monday, up nearly 60% in the last month alone. PUMP c

Federal Reserve Chair Jerome Powell concluded his July press conference, with the Federal Open Market Committee (FOMC) confirming its next monetary policy meeting is scheduled for September 15-16, 2026.

According to Jin10, the U.S. Federal Reserve's preferred inflation indicator—core PCE for June—will be released on Thursday, July 30 at 8:30 p.m. Beijing time. The market expects core PCE to rise 3.30% year-over-year, down from the prior month's 3.40%. If the data undershoots expectations, it would reduce the urgency for Fed rate hikes; a surprise to the upside would reinforce expectations for future tightening.

According to an SEC filing, Grayscale CEO Peter Mintzberg announced plans to sell 2,611 shares of the company's XRP Trust (GXRP) ETF for $53,394.95 at $20.45 per share. Mintzberg acquired the shares through a private purchase from the trust on October 3, 2024, before GXRP became an exchange-traded product.

According to Iran's Central Province Deputy Governor, the U.S. and Saudi Arabia conducted a joint airstrike on Iraq's Diyala Province overnight on July 30, resulting in the deaths of four members of Iran's Islamic Revolutionary Guard Corps (IRGC).

The U.S. 2-year Treasury yield hit a daily low of 4.2294% today, declining approximately 5 basis points. The decline comes as Federal Reserve Chair Wosh holds a press conference.

According to CNN, Saudi Arabia's Defense Minister met with U.S. Vice President Vance in Washington on July 29.

According to BlockBeats, citing BIT trading data, U.S. storage stocks rallied on July 30. SanDisk (SNDK) rose 0.89%, Western Digital (WDC) gained 6.29%, Seagate Technology (STX) surged 8.18%, and SK Hynix (SKHY) increased 3.01%.

Federal Reserve Chair Powell clarified today that the Fed's decision should not be described as a pause, noting that financial markets may interpret such framing differently. Powell stated the Fed's actions today represent something distinct from a pause.

Federal Reserve Chair Jerome Powell stated that he has not yet begun considering what will be included in his Jackson Hole Economic Symposium speech scheduled for August.

According to Jin10, spot gold hit $4,100 per ounce on July 30, gaining nearly $60 following the release of the interest rate decision.

The Dow Jones Industrial Average dropped more than 600 points Wednesday morning as selling accelerated across Wall Street. The S&P 500 fell 0.4% to test critical support near 7,400, while the Nasdaq Composite declined 0.8% to 24,667.02. Declines were driven by geopolitical tensions in the Middle East, concerns about interest rates, and weakness in technology stocks. Procter & Gamble, Sherwin-Williams, Goldman Sachs, Caterpillar and Boeing led the index lower. The VIX rose to 19.23, reflecting in

According to Jin10 data, Federal Reserve Chair Jerome Powell stated on July 30 that June core CPI data had limited impact on the recent policy decision. Powell noted that the decision received broad support among committee members, with three dissenting votes that did not fully reflect the substance of discussions. The Fed received "encouraging" inflation data and will monitor inflation trends closely in the coming period, Powell added.

The S&P 500 index reversed course earlier today, turning positive after declining 1.2% earlier in the session. The rebound coincided with Fed Chair Waller holding a press conference.