Gate Crypto Flash News and Market Updates

According to a report by NVCA and PitchBook released recently, SpaceX's planned listing combined with potential IPOs by Anthropic and OpenAI could generate an unprecedented exit value for U.S. venture capital. The report states that the three companies' combined valuation may exceed $4 trillion, surpassing the total exit value of all U.S. VC-backed companies since 2000. SpaceX alone is valued at approximately $1.77 trillion, while Anthropic and OpenAI are moving toward multi-trillion-dollar valu

Spot gold dropped below $4,090 per ounce intraday on July 10, declining 0.82%. New York gold futures touched $4,100 per ounce, down 0.79% on the day.

According to The Block, following Binance's suspension of EU services due to the MiCA transition deadline, approximately 70% of withdrawn user funds flowed to self-custodial wallets, while the remaining 30% transferred to licensed compliant platforms, Binance co-CEO Richard Teng said.

According to investment bank BTIG, the Philadelphia Stock Exchange Semiconductor Index (SOX) flashed a technical warning sign on Thursday, potentially signaling a pullback of as much as 17%. The index closed up 3% on Thursday while remaining above its 50- and 200-day moving averages but below its 20-day moving average. This follows 15 separate 3% or greater moves within the past 30 trading days. "The only other periods we have seen this pattern while above the 200-day moving average were Februar

The Intercontinental Exchange reported July low-sulfur diesel deliveries of 1,310 contracts.

According to MemeToro, on July 8, the project announced plans to expand its AI-powered blockchain ecosystem on BNB Chain by adding decentralized applications, prediction markets, and staking services powered by the $MT utility token. The company stated the expansion is designed to integrate artificial intelligence, decentralized finance, and blockchain automation into a unified platform, reducing barriers to adoption while leveraging BNB Chain's enhanced infrastructure for improved network perfo

According to Foresight News, institutional digital asset broker LTP announced on July 10 that Liquidity Arena 2026 will launch on July 20 as a live quantitative trading championship designed for AI agents and autonomous trading systems. The event has attracted over 200 teams, with participation from 20+ institutional partners, academic institutions, and 30+ media outlets. The championship features two tracks: Logic Frontier, targeting AI developers and university teams to assess reasoning qualit

According to Foresight News, NEC (Nippon Electric Company) and Ava Labs have signed a memorandum of understanding (MOU) to explore combining NEC's biometric digital identity technology with Avalanche's multichain infrastructure. The two parties released a technical white paper proposing an identity-verified stablecoin payment architecture where biometric data remains off-chain, with only verification proofs submitted on-chain.

According to BlockBeats, Mitsubishi Motors partnered with Japanese robotics company Highlanders on July 10, planning to deploy humanoid robots by 2027. The move underscores a broader trend among global automakers integrating humanoid robots into operations. Key partnerships include Agility Robotics with Foxconn and Toyota, Apptronik with Jabil and Mercedes-Benz, Figure with BMW, Boston Dynamics with Hyundai, and Tesla with Optimus.

According to ZachXBT, an early Solana whale address linked to genesis block distribution was apparently compromised several hours ago, with approximately 180,900 SOL worth around $14.2 million transferred. The account showed unusual unstaking activity and cross-chain transfers from Solana to Ethereum.

According to TrendForce, SK Hynix plans to restart its previously halted Dalian Phase 2 expansion project in the second half of 2026, adding a V8 (238-layer) NAND production line. The project was suspended due to weak NAND market conditions and U.S. export controls. The restart reflects the company capitalizing on improved NAND pricing to advance capacity expansion.

On July 10, U.S. President Donald Trump announced he will not sign a housing bill that has already received complete approval from Congress.

According to the official WeChat account of the China Council for Promotion of International Trade (CCPIT), CCPIT Vice Chair Lin Honghong met with Rondonia State Governor Rocha in Beijing. The two discussed promoting exchanges between Chinese and Brazilian business communities, advancing local economic and trade cooperation between the two countries, and deepening international collaboration on industrial and supply chains.

According to company statement, Australian CFD broker FXTrading.com marked its tenth anniversary on July 10, 2026, outlining a strategy centered on internally developed technology for execution, pricing, risk management and trading platforms that currently support more than 200 CFD instruments. The company plans to launch proprietary AI tools and a dedicated PAMM (Percentage Allocation Management Module) funds management platform for professional money managers and investors in the coming weeks,

According to BlockBeats, on July 10, TrueDAO, an AI-driven decentralized finance infrastructure project, completed a $10 million strategic funding round led by Brevan Howard Digital, with Zee Prime Capital and Jump Capital participating. The funding will be allocated toward AI protocol core development, AI risk control systems, security audits, global compliance initiatives, and ecosystem partnerships. TrueDAO described itself as a modular on-chain financial infrastructure platform designed to p

According to market reports, SK Hynix is restarting its Dalian Phase 2 facility as NAND flash memory prices surged 70% in a single quarter. The expansion comes as the South Korean chipmaker intensifies production competition with Samsung's Xi'an plant. The move signals renewed capital investment in semiconductor manufacturing amid tightening global chip supply.

According to BlockBeats, Iran's late supreme leader Ayatollah Khamenei was buried in Mashhad on July 9, with three of his sons attending the funeral. However, the new supreme leader, Mujtaba Khamenei, remained in hiding due to security risks and did not publicly participate in any memorial or burial ceremonies. Mujtaba, who was injured in a previous airstrike, continues to face Israeli assassination threats. Sources indicate he has largely ceased using electronic devices and communicates only th

According to IRNA, a large-scale fire broke out near Erbil Airport in northern Iraq on July 10.

According to Guru Club, on July 10, Chinese commodity futures opened with mixed performance overnight. Pulp rose 0.92%, iron ore up 0.8%, propylene up 0.65%, rubber up 0.6%, and ethylene glycol up 0.55%. PTA fell over 1%, silver down 0.93%, tin down 0.9%, and financial technology stocks down 0.7%.

According to Guru Club, Bank of America Global Research lowered its price target for Coinbase to $203 on July 10, down from $218.