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
13:01

Trump and Iran's Top Advisor Make Hardline Statements on Strait of Hormuz on July 13, Reject Compromise

According to BlockBeats, on July 13, U.S. President Trump and Iran's top leader advisor issued hardline statements regarding the Strait of Hormuz, with both refusing to yield on the issue. Trump stated the U.S. will become the strait's "guardian" and "guardian angel," claiming America will now seek reimbursement for past costs and future risk compensation. He added the U.S. will control the strait and "likely dominate" it going forward. Trump also disclosed that the two sides held an 11-hour mee
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13:01

HSK Chain Launches Third-Phase Staking Activity on July 13 with Enhanced Incentive Mechanism

According to BlockBeats, HSK Chain officially launched its third-phase staking activity on July 13. The program features a capped total staking limit and diversified reward models. Participants will earn expected ecosystem incentives based on on-chain rules. Users who participated in previous staking phases will receive additional ecosystem subsidies based on their historical locked-in contributions.
12:53

Crypto Spot Trading Volume Drops to $1.6T in Q2 2026, Lowest Since Q3 2023

According to FalconX, cryptocurrency spot trading volumes fell to $1.6 trillion in Q2 2026, down 25% quarter-over-quarter and 42% year-over-year, marking the lowest level since Q3 2023. Futures trading volume declined to $9 trillion, down 12% quarter-over-quarter and 31% year-over-year. Period open interest (OI) dropped to $53.2 billion by end of Q2, significantly below the October 2025 peak of $122.2 billion. Bitcoin spot ETF outflows reached $4.9 billion in Q2, with year-to-date cumulative out
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12:53

Iranian Lawmaker Seeks $1 Trillion Compensation from U.S., Claims War Could Last Years

According to an interview published by Russia Today on July 12, Iranian parliamentary national security and foreign policy committee member Abolfazl Zohrevand stated that Iran is prepared for both war and peace and called on the U.S. to acknowledge its "strategic mistakes." Zohrevand said Iran will demand $1 trillion in compensation from the U.S. across "current and future generations," citing Trump's previous claim that the U.S. inflicted $1 trillion in losses on Iran. He warned that the confli
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12:44

Hang Seng Index Futures Fall 22 Points to 24,179 as of 8:34 PM

As of 8:34 PM on July 13, Hang Seng Index futures (HSI) fell 22 points to 24,179, down 0.09% and trading 35 points below spot price. Volume reached 2,207 contracts. The session low was 24,153, down 48 points from today's cash close of 24,201, while the session high reached 24,235. Hang Seng China Enterprises Index futures (HSCEI) traded at 8,050, down 9 points or 0.11%, with a 16-point discount to spot. Volume stood at 2,907 contracts.
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12:43

BCA Research Strategist Reverses Market Call After U.S.-Iran Tensions Escalate, Post 1.1% Loss in 24 Hours

According to Bloomberg, on Tuesday, BCA Research chief investment strategist Marko Papic recommended clients short U.S. equities and buy European and Japanese stocks, citing easing Middle East tensions. However, less than 24 hours later, President Donald Trump announced the U.S.-Iran ceasefire had ended, forcing Papic to reverse the recommendation, which resulted in a 1.1% cumulative loss.
12:37

Bitmine Adds 27,801 ETH Over Past Week, Total Holdings Reach 5.77 Million

According to PR Newswire, Bitmine added 27,801 ETH over the past week, bringing total holdings to 5.77 million ETH as of July 12. With 4.917 million ETH staked, the company's total position is valued at approximately $10.5 billion at ETH's price of $1,820. At the current 2.70% annual staking yield, Bitmine's annual staking rewards are estimated at $242 million, potentially rising to $284 million if all ETH is staked.
12:34

Micron Stock Falls 5.1% on Memory Chip Capacity Expansion Concerns, July 13

Micron Technology (MU-US) stock fell 5.1% in premarket trading on July 13, as investors worried about competitors' aggressive capacity expansion plans potentially driving down hardware prices and cutting profits. SK Hynix dropped over 8% in premarket trading. Samsung Electronics plans to accelerate construction of its Ryongryong semiconductor park in Korea, with production expected to start one to two years earlier in 2029. According to South Korea's Ministry of Industry, Samsung and SK Hynix ha
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12:33

Trump's Standing Order for Iran Retaliation Lacks Legal Mechanism to Auto-Trigger After Death, AP Reports

According to the Associated Press on July 13, while Trump has claimed he issued orders for large-scale retaliation against Iran if assassinated, no such automatic "dead hand" mechanism exists under U.S. law. Under the 25th Amendment and Presidential Succession Act, Vice President JD Vance would immediately assume the presidency and command of the armed forces upon Trump's death, with authority to decide whether to execute, modify, or cancel predecessor orders. Experts stated the U.S. government
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12:31

Intel Invests €5 Billion to Expand Dublin Chip Factory Amid AI Push

According to Bloomberg, Intel is investing €5 billion (approximately $5.7 billion) to expand its manufacturing facility in Leixlip, Dublin, as part of its effort to regain leadership in AI chip production. The expansion will increase production capacity for data center processors, including its flagship Xeon server chips, and advance research and development activities at the site.