Gate Crypto Flash News and Market Updates

On July 24, Iran's military released satellite imagery showing a ballistic missile strike on the Ali Al-Salem Air Base in Kuwait, operated by U.S. forces. According to Iran's military, the strike resulted in visible damage to multiple buildings at the facility. The military stated it conducted a new round of drone attacks that day against multiple U.S. targets in Kuwait using Alash-type unmanned aerial vehicles, targeting U.S. equipment storage facilities and military personnel quarters at multi

According to Kyodo News, citing sources, Japan's cabinet reshuffle is planned for August or September.

According to OilPrice.com, Brent crude settled at $100.69 on Thursday, July 24, marking the first time above $100 in two months after Houthi forces claimed responsibility for striking two Saudi oil tankers in the Red Sea. The rally, up 7% and extending a fifth consecutive session of gains, retreated to $98.64 by Friday, down 2.04%. The three-week move remains striking, with Brent climbing over 40% from $71.57 on July 1. The escalation compounded as Kazakhstan halted crude transfers via the Caspi

According to Whale Alert, Circle minted 250 million USDC today (July 24) through the USDC Treasury.

According to a company announcement on July 24, GalaxyCore has received an order from an international smartphone brand to supply 0.64-micrometer 50-megapixel image sensors. The initial batch order is valued at approximately RMB 57 million, according to data from Jin10.

According to Romania's Chief of General Staff, a drone shot down on Friday followed a different flight trajectory compared to previous drone intrusions in the country.

According to Maeil Business Newspaper, South Korea's KOSPI index fell 5.72% to 6,690.62 and KOSDAQ dropped 5.32% to 748.22 today (July 24), with both markets triggering sell-side circuit breakers at midday. Samsung Electronics declined 7.59% to 249,500 won, while SK Hynix fell 8.34% to 1.759 million won. Foreign investors net sold 3.28 trillion won worth of KOSPI shares, the largest daily outflow in 22 days. Market weakness was driven by surging crude oil prices above $100 per barrel amid Middle

According to ChainCatcher, Sui Foundation and Mysten Labs launched the Hashi bitcoin staking protocol testnet today, enabling BTC to serve as collateral for on-chain lending and credit markets while remaining on the Bitcoin network without wrapping or cross-chain bridging. Over 25 institutional partners, including BitGo, Cumberland, FalconX, Ledger, Blockdaemon, Bullish, and Sui ecosystem platforms Navi and Scallop, are testing the protocol. Deposits are protected via 2-of-2 multi-signature vali

According to Kyodo News, Japan's Prime Minister Takayaki Takaichi will consider a cabinet reshuffle on July 24.

According to Senate Majority Leader John Thune, the Digital Asset Market CLARITY Act is expected to miss the Senate floor vote before Congress's summer break. Thune told reporters this week that while he would like to get the bill started, the timeline remains uncertain. White House Crypto Council Director Patrick Witt, however, expressed greater optimism, noting the Senate is in session during the first week of August and a floor vote could still occur. The bill, which splits crypto oversight b

According to Kyodo News, Japanese Prime Minister Takayama Sanae is considering a cabinet reshuffle on July 24.

According to Ripple's official announcement, the company recently launched Ripple Mint, a unified platform for institutional users to mint, redeem, and manage RLUSD. The platform offers both user interface and API access, supporting cross-chain digital dollar liquidity management. The service is now available to existing RLUSD users.

The Kremlin stated on July 24 that any new proposal from the United States regarding ongoing negotiations must be acceptable to Russia. The statement reflects Moscow's position on the conditions necessary for engaging with new U.S. diplomatic initiatives.

According to South Korea's Presidential Office Policy Director, Samsung and SK Hynix will sign major chip supply agreements with key U.S. technology companies during the South Korean president's visit to the United States.

According to Caixin, on July 23, Yang Jingyao, the third defendant in the Futu Holdings and Tiger Securities U.S. stock options insider trading case, surfaced while seeking to unfreeze assets. A statement filed with the U.S. court revealed that Yang, a Hong Kong resident since 2020 and the single largest shareholder of Hong Kong-listed Rongzun International, is a 32-year-old businessman and private investor. According to the insider trading allegation filed by Haina International Group on June 2

According to BlockBeats, the 10-year US Treasury yield rose to approximately 4.69% on July 24, reaching its highest level since January 2025 amid macroeconomic pressures and geopolitical tensions. This marked a rare occurrence during Trump's second term. Markets have historically labeled Trump's pattern of backing down from tariffs or policy threats during yield spikes as "TACO" (Trump Always Chickens Out). However, whether Trump will repeat this behavior remains uncertain, as the US Trade Repre

According to ChainCatcher, Morgan Stanley's Ethereum Trust has received notification from the U.S. Securities and Exchange Commission (SEC) regarding the effectiveness of its registration, marking further progress in the registration process.

According to media reports, Japan's Prime Minister Takayaki Takaichi announced on July 24 that the country successfully extracted approximately 50 tons of rare earth mud from the seabed around Minamitorishima Island at a depth of about 6,000 meters. The sample contains roughly 30% yttrium (Yttrium), a critical element used in semiconductors, automotive components, and high-tech manufacturing. Japan aims to reduce reliance on specific countries for rare earth supplies, particularly amid China's r

According to China Yuan Futures research published on July 24, the U.S. military conducted consecutive airstrikes on Iran this week, prompting Tehran to activate air defense systems. Iran's military responded by deploying unmanned drones to strike American forces stationed in Kuwait. The escalating tensions between the U.S. and Iran are raising geopolitical risk premiums in crude oil markets.

According to TS Imagine and Trumid, TS Imagine has expanded its integration with fixed income trading platform Trumid in Q2 2026, enabling institutional clients to access automated RFQ workflows, portfolio trading, and cross-protocol execution capabilities including Trumid's Full Self Trading technology through a single workflow. Trumid reported strong growth during the second quarter of 2026, with average daily volume on Trumid RFQ increasing 122% year-over-year, while automated trade volumes e