Gate Crypto Flash News and Market Updates

The White House has denied allegations that the Trump administration is blocking Democratic commissioner nominations to the SEC and CFTC, stating it has already requested Democratic recommendations for the vacancies. According to a White House letter to Senate leaders, the administration said it "has not received names in response" to those requests. The dispute has gained attention as the SEC and CFTC are expected to play central roles in enforcing any final U.S. digital asset market structure

This week, Strategy announced the launch of a Bitcoin-based credit rating model available on its official website. The model allows users to assess credit risk for Strategy's common stock (MSTR) and preferred stock (STRC) by inputting Bitcoin price, volatility, and annual rate of return. According to the model parameters, if BTC trades at $62,000 with 40% volatility, Strategy's dividends could be sustained for approximately 30 years. Founder Michael Saylor stated that Bitcoin, as an observable a

Maersk stated that Germany and Austria's railroad networks are experiencing operational disruptions on multiple key routes, with transportation reliability and flexibility significantly declining. The company said conditions are unlikely to improve substantially in the near term and that its team is closely monitoring developments.

According to Avalanche, Hyundai Card and Hyundai Motor Company completed their first live cross-border stablecoin remittance on July 9, transferring $20,000 via USDT on the Avalanche blockchain to settle funds between Hyundai Motor America and its Mexican subsidiary. The pilot took approximately seven minutes to complete, compared with three to four hours typically required for conventional intercompany bank transfers. The transfer involved converting U.S. dollars into USDT, transferring the sta

According to Jin10, Iran's Foreign Ministry warned the U.S. on Thursday not to pursue further military "adventurism" after accusing American attacks of violating the Islamabad Memorandum of Understanding. Iran's Revolutionary Guard Navy stated that U.S. strikes and interference in Hormuz Strait transit adjustments are disrupting the strategic waterway's reopening process. The Guard cautioned that any further American intervention would trigger "devastating counterattacks."

According to MSX.COM, U.S. crypto-related stocks rose today (July 9), with MARA Holdings up 15%, Cipher Digital up 9%, and TeraWulf up 6%.

According to CoinGlass, over the past 24 hours the cryptocurrency market saw total liquidations of $153 million, with long positions accounting for $59.88 million and short positions for $93.29 million. Bitcoin accounted for $53.28 million in liquidations, while Ethereum saw $25.59 million liquidated.

According to its June 25 monetary policy meeting minutes, Mexico's central bank Banxico kept its benchmark interest rate at 6.50% unchanged. The policy committee stated that maintaining the current rate remains appropriate given near-term economic challenges. Most Banxico board members indicated inflation risks remain tilted to the upside, though recent price declines were driven by non-core inflation components.

According to ABC, a U.S. official stated that dozens of Iranian drones and missiles have been intercepted since last night.

According to an announcement on Thursday, Swift said 17 banks across six continents are preparing to use its blockchain-based ledger for tokenized deposit transfers. Participating institutions include Global Systemically Important Banks such as Citi, HSBC, BNY, Wells Fargo, BNP Paribas, Standard Chartered, and UBS. The ledger enables banks to move tokenized deposits overnight and on weekends, though ultimate fiat settlement still relies on legacy systems operating during business hours. Swift no

According to Bitwise Chief Investment Officer Matt Hougan, on July 8, institutional capital will become the next major Bitcoin buyer, surpassing MicroStrategy (Nasdaq: MSTR) as the dominant marginal source of demand for BTC. Hougan noted that MicroStrategy, which held 843,775 BTC and was historically the largest Bitcoin accumulator, is no longer the primary source of marginal capital. "The next marginal buyer is the end boss of investing... It's institutional capital," Hougan stated. MicroStrate

According to New York Federal Reserve President John Williams, inflation remains at a "far too high" level, as stated during a market liquidity workshop on July 9 (U.S. Eastern Time). Williams emphasized that the Federal Reserve continues to focus on price stability risks and noted that the labor market remains in very stable condition, indicating that risks are tilted more toward inflation.

According to PGIM co-chief investment officer Gregory Peters, 30-year U.S. Treasury yields have recently broken above 5%, prompting investors to reassess what constitutes attractive yield levels. Peters, speaking on Bloomberg Television, attributed the move to increased bond issuance from artificial intelligence and hyperscale cloud service providers, combined with rising U.S. fiscal deficits. He stated this marks the beginning of a repricing cycle, with long-end yields likely to face further pr

According to the Australian Securities and Investments Commission (ASIC), Trive Financial Services Australia Pty Ltd had its Australian Financial Services license cancelled after the company ceased conducting financial services business in the country. The regulator said the company had agreed to stop onboarding new Australian clients in April 2025 following ASIC's identification of serious deficiencies in its processes during an industry-wide CFD market review. ASIC's examination of 52 licensed

On Thursday (July 9), German 2-year government bond yields dropped 6.1 basis points to 2.647% in European market close, marking the day's largest decline among major maturity segments. The 10-year Bund yield fell 0.8 basis points to 3.084%, while the 30-year yield declined 1.5 basis points to 3.626%. The 2/10-year yield curve steepened by 5.096 basis points to 43.209 basis points.

According to CNN, Pakistan and Qatar are brokering efforts to push the United States and Iran back to negotiations, regional sources confirmed on July 9. The move follows a report from Iran's Student News Agency indicating that talks between the U.S. and Iran may resume.

According to CoinMarketCap, top 100 cryptocurrencies by market cap posted mixed results today (July 9). Arbitrum (ARB) led gainers, rising 13.83% to $0.0861, while MemeCore (M) topped losers, falling 6.51% to $1.20.

According to Yonhapnews, on July 9, U.S. stocks opened higher as semiconductor stocks rallied. As of 9:51 AM ET, the S&P 500 rose 0.31% to 7,506.06, the Nasdaq climbed 0.48% to 25,994.79, and the Dow Jones Industrial Average gained 0.05% to 52,372.89. The Philadelphia Semiconductor Index surged 5.13%, led by Rambus up 10.49%, Western Digital up 8.01%, Micron up 7.78%, and Seagate Technology up 7.69%. Escalating U.S.-Iran tensions capped market upside. The U.S. Central Command struck approximatel

According to Slovenian media Delo, European Central Bank Governing Council member Joachim Nagel called for restraint when discussing monetary policy, citing ongoing geopolitical uncertainty. Nagel stated that policymakers should avoid speculating on the central bank's next moves and instead adopt a meeting-by-meeting decision approach based on available data at each gathering. The ECB will hold its next policy meeting in July, followed by a September session where new economic scenarios will be

According to Korea Exchange, leveraged products linked to Samsung Electronics and SK Hynix triggered extreme volatility in KOSPI on July 9, with the index swinging over 6% intraday before closing up 0.62% at 7,291.91. Since their introduction on May 27, single-stock leveraged products have amplified market turbulence, with 16 of 30 trading days recording swings exceeding 3%, compared to just 9 days for all of 2025, according to NH Investment & Securities analysis. Trading in Samsung and SK Hynix