Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
12:11

Iran Recently Fires Missiles at Aqaba Near Israeli Territory

According to Israel Defense Forces, Iran recently fired missiles at the area near the city of Aqaba in Jordan adjacent to Israeli territory. The military stated that missile debris may fall into Israeli airspace, and air raid sirens could sound in southern Israel as a result.
12:09

Alibaba Launches Token Plan with Qwen 3.8 Personal Version from 39 Yuan, Credits Consumption Drops to 2% Overnight

According to Beating, Alibaba has officially launched Token Plan personal version, enabling users to call Qwen 3.8-Max-Preview through Claude Code, Cursor, and Qwen Code. Personal tier pricing starts at 39 yuan per month for Lite, 139 yuan for Standard, and 499 yuan for Pro, with team versions priced at 150, 550, and 1,398 yuan per seat respectively. Qwen 3.8-Max-Preview credit consumption has been significantly reduced. During daytime, credits are deducted at only 10% of normal usage. For perso
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12:04

American Airlines CEO Outlines $3 Billion Profit Gap Closure Plan Against United, Delta

According to CNBC's exclusive interview conducted late last month, American Airlines CEO Robert Isom outlined plans to narrow the carrier's more than $3 billion profit gap with United Airlines, which earned roughly $3 billion more in profit than American last year, while Delta made nearly $5 billion more. Isom said the carrier's long-range goal is to close the margin gap, though he did not specify a timeline. American's executives outlined new initiatives including larger luxury airport lounges,
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12:04

LayerZero (ZRO) Unlocks 25.71M Tokens Worth $20.9M on July 20

According to Token Unlocks data, LayerZero (ZRO) will unlock approximately 25.71 million tokens on July 20 at 7:00 PM Beijing time, worth around $20.9 million. This unlock represents 4.6% of the token's circulating supply. Several other tokens are also scheduled for significant unlocks during the same week, including KAITO, Humanity Protocol (H), Plasma (XPL), and others.
12:01

Analyst Compares Bitcoin Mining Cycles to AI Infrastructure Demand Based on Hardware and Energy Costs

Clem Chambers recently highlighted parallels between AI infrastructure requirements and bitcoin mining operations, noting both depend on per-kilowatt computing power and per-kilowatt-hour costs. According to Odaily, Chambers stated that hardware, energy, cooling, and turbine infrastructure cannot be provided for free and are constrained by resource availability and upgrade cycles. He suggested that AI hardware and software updates may follow a replacement pattern similar to crypto mining, with c
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12:01

India's Central Bank Launches Tender for Plastic Currency Pilot, Bidding Deadline August 18

According to Indian media reports, India's central bank subsidiary, the Reserve Bank's currency printing company, issued a tender for special materials needed to produce plastic banknotes, with a bidding deadline of August 18. The Reserve Bank of India plans to pilot the issuance of 10 and 20 rupee plastic notes, with potential rollout to higher denominations if the pilot succeeds.
12:01

S&P 500 Could Drop 40-45% From Current Valuations, Oxbow Advisors Founder Warns on July 16

According to Ted Oakley, founder of Oxbow Advisors, on July 16, the S&P 500 currently trades approximately three standard deviations above its historical average and requires a decline of 40-45% to return to mean valuations. Oakley warned that chasing the remaining 6-8% upside over the next 6-12 months carries roughly 25% downside risk, presenting an unfavorable risk-reward profile. Oakley highlighted overlooked opportunities in energy and gold sectors. He expects oil prices, currently depressed
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12:00

Kenya President's Official Website Hacked for 5 Bitcoin Ransom on July 18

According to Odaily, Kenya's presidential website president.go.ke was breached on July 18, with hackers demanding 5 Bitcoin in ransom or threatening to leak undisclosed information by Saturday evening. Attackers briefly disrupted the site and defaced its homepage. The government's ICT Authority has initiated a cybersecurity response protocol and temporarily restricted public access to the portal to contain the incident and conduct forensic investigation. Cabinet Secretary William Kabogo stated t
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11:57

Gansu Gold Processing Reaches 204.7 Metric Tons in 2025, Generates 180 Billion Yuan Output

According to Xinhua News Agency, Gansu province's gold comprehensive processing reached 204.7 metric tons in 2025, generating approximately 180 billion yuan in industrial output value. The data, revealed at the 2026 China International Gold Conference held in Lanzhou from July 16 to 18, showed that gold production contributed 38 percent to the province's industrial growth.
11:52

FDA Detects Parasite Pathogen in Taylor Farms Shredded Iceberg Lettuce on Saturday

According to the FDA, samples of shredded iceberg lettuce supplied by Taylor Farms tested positive for a parasitic pathogen on Saturday (July 18), the same disease that has infected thousands of Americans. The FDA confirmed the affected product is not part of any current recall. The agency is working to contain what is shaping up to be one of the nation's largest foodborne disease outbreaks in recent years.
11:51

Low-Pressure System Near Florida Has 80% Chance to Develop Into Cyclone Within 48 Hours

According to the U.S. National Hurricane Center (NHC) on Sunday, a low-pressure system in the Gulf of Mexico near Florida has an 80% probability of developing into a cyclone within the next 48 hours. The Miami-based agency expects the system to gradually strengthen and likely form a tropical depression by late Sunday or Monday, then move slowly northward or northwestward.
11:49

Buffett Confirms $31B Alphabet Stake, Reveals $10B Private Investment on July 18

According to a CNBC interview on July 18, Warren Buffett confirmed Berkshire Hathaway's approximately $31 billion Alphabet stake and revealed the recent $10 billion private investment was his personal decision. Buffett acknowledged that Berkshire's failure to invest in Google in the past was a mistake, calling Alphabet a company with higher success potential than 90-95% of Wall Street-traded firms. Of the total stake, roughly $21 billion was acquired in public markets, with the $10 billion addit
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11:49

South Korea Announces Won Internationalization Roadmap, Plans Stablecoin and Bond Tokenization Pilot in 2027

According to ETNews, South Korea released a won internationalization roadmap on July 19, targeting the transition from a regulated to a freely convertible currency. The Bank of Korea will launch an offshore won settlement network, with a trial run planned for September 2026 and official launch in January 2027. The roadmap also includes building digital asset payment infrastructure to enable the issuance of won-denominated stablecoins and a government bond tokenization pilot linked to the Bank of
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11:47

Two U.S. Soldiers Killed in Iran Attack; Trump Responds After 24 Hours

According to NewsNation, Trump responded for the first time over the past 24 hours to reports that two U.S. military personnel were killed in an Iranian attack. Trump said, 'It's a very sad thing. We don't want to see this happen. They were serving our country.' He reiterated that Iran 'cannot and should not have nuclear weapons,' stating that U.S. military strikes prevented Iran from obtaining nuclear capability.
11:44

Hong Kong to Launch AI Subsidy Program for SMEs; Shalei Data Center to Provide 18M PFlops by 2032

According to Xinhua News Agency, on July 19, Hong Kong's government announced plans to roll out an optimized version of its Digital Transformation Support Pilot Program this year, offering subsidies to small and medium-sized enterprises (SMEs) to adopt ready-made AI solutions and accelerate digital transformation. Financial Secretary Chen Maobo highlighted that the Shalei Data Center, once operational, is expected to provide approximately 18 million PFlops of computing power by 2032—equivalent t
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11:43

U.S. Trade Official Seeks Profit-Sharing Deal with Samsung, SK Hynix on AI Chips

According to Korea Herald, U.S. Trade Representative Rick Switzer requested last month that South Korea's Samsung Electronics and SK Hynix share profits from booming AI chip demand with American partners. The logic, per the report citing sources, was that U.S. companies' large-scale semiconductor purchases directly contributed to Korean firms' profit growth, warranting equal treatment as domestic partners. Data showed South Korea's semiconductor exports reached $192.43 billion in the first half
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11:42

Bolivia's Economy Minister Announces USDT Integration Study to Address Currency Crisis

According to Bolivia's Economy Minister Jose Gabriel Espinoza, on Friday the government announced it was studying the integration of USDT into the country's financial system to address a foreign currency shortage. Espinoza stated that while the Central Bank lifted its ban on crypto operations in June 2024, Bolivia currently lacks a regulatory framework for immediate implementation. He noted a system in which USDT circulates alongside the U.S. dollar and Bolivian boliviano is under consideration,
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11:33

Qatar Securities Index Drops 1.47%, Breaks Below 10,000 Points for First Time Since April 2025

On July 18, Qatar Securities Index fell 1.47% to close at 9,954.84 points, breaking below the 10,000-point psychological level for the first time since April 2025. The index approached its April 9, 2025 close of 9,904.25 points. Oman's MSM 30 Index declined 1.30% to 7,383.29 points, marking its fifth consecutive trading day of losses with a cumulative drop of 3.51%. Kuwait Stock Exchange Super Market Price Index fell 0.42% to 9,035.64 points.