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
05:55

NATO Cannot Reach Consensus with U.S. on Iran Military Strikes: Belgian PM

According to Jin10, Belgian Prime Minister Bart De Wever stated on July 8 at the NATO summit in Ankara that NATO could not reach consensus with the United States on military strikes against Iran. De Wever emphasized that this issue is not a NATO matter and does not contribute to NATO unity, as the NATO treaty's collective defense clause requires member states to defend each other when attacked, but does not obligate all members to participate when one member unilaterally decides to strike anothe
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05:52

Cronos Completes Dune Integration for Real-Time Blockchain Analytics

Cronos, the Layer-1 blockchain by Crypto.com, completed its integration with analytics platform Dune on July 9, enabling real-time access to standardized on-chain data. The integration allows users to monitor stablecoin transfers (USDC, EURC), tokenized asset settlements, smart contract interactions, and ecosystem metrics across the network. According to the announcement, the move aims to improve transparency for developers, traders, analysts, and institutional participants as Cronos expands its
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05:51

Lance Gokongwei Invests P2.03 Billion in PhilWeb, Joins Board on July 10

According to Rappler, tycoon Lance Gokongwei invested P2.03 billion in gaming technology provider PhilWeb Corporation and was elected to the company's board on July 10, 2026. Gokongwei will acquire 159.53 million common shares and 93.84 million redeemable preferred shares at P8 each, giving him approximately 10% ownership initially, potentially rising to around 15% upon full conversion of preferred shares. The proceeds will be used to strengthen PhilWeb's balance sheet and develop artificial int
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05:51

Korea Names OK Financial as Preferred Buyer for MG Insurance Unit, First Success After Six Failed Attempts

According to Yonhap Infomax, on July 10, Korea Deposit Insurance Corporation selected OK Financial Group as the preferred negotiation partner to acquire 예별손해보험 (a bridge insurer holding MG Insurance assets), marking the first successful bid after six failed acquisition attempts since MG Insurance was designated as a troubled financial institution in April 2022. This represents the first acquisition by a savings bank-affiliated financial group of an insurance company in Korea and the first major
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05:47

China and Indonesia Hold Tenth Round of Diplomatic Policy Consultations on July 9

According to Jin10, on July 9, Chinese Foreign Ministry Policy Planning Director Chen Song and Indonesian Foreign Ministry Strategic Diplomacy Director Muhammad held the tenth round of China-Indonesia diplomatic policy consultations. The two sides exchanged views on international developments, Asia-Pacific regional situation, respective foreign policies, and other matters of mutual interest.
05:43

ARK Investment Buys Additional $7 Million in SpaceX Shares After Alibaba Stake Sale

According to Financial News, on July 8, Cathay Wood's ARK Investment added approximately $7 million worth of SpaceX shares, funded by selling its Alibaba position. ARK's flagship Innovation ETF now holds 1.78 million SpaceX shares valued at $266 million, making it the fund's seventh largest holding at 4% of total assets. Wood had previously restarted Alibaba investments last year before reducing exposure again for this SpaceX purchase.
05:42

Bitdeer Invests $36M in Nevada Sealminer Factory, Targets 10,000 Monthly Units by End of 2026

According to an announcement today (July 9), Bitdeer is investing $36 million to break ground on its first U.S. manufacturing facility in Sparks, Nevada. The 187,000-square-foot plant is designed to produce 10,000 Sealminer units per month and is expected to be completed by the end of 2026. The project will create approximately 70 jobs across engineering, skilled technician, and support roles, marking Bitdeer's expansion into domestic production of its proprietary mining hardware.
05:42

Stripe Files OPEN USD, OPEN STANDARD Trademark Applications in South Korea on June 30

According to South Korea's Patent Office intellectual property database KIPRIS, global payments company Stripe filed trademark applications for "OPEN USD" and "OPEN STANDARD" on June 30. Both trademarks relate to the Open Standard, a global stablecoin alliance publicly revealed on June 30, and OUSD (Open USD), a stablecoin issued by the coalition. The alliance includes 149 partner companies, among them Visa, Mastercard, and BlackRock. Notably, 13 South Korean firms including Shinhan Financial, K
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05:42

three.ws Joins Nvidia Developer Program, Text-to-3D Engine Now Running on Nvidia NIM

According to Foresight News, three.ws, a 3D AI agent layer platform, recently joined Nvidia's Developer Program. Its free text-to-3D engine is now running on Nvidia NIM, with the two companies collaborating to further enhance the technology stack by providing additional models, increased computing power, and expanded 3D AI agent services. THREE, the platform's native token, serves as the core of its ecosystem to support the development of the 3D internet.
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05:37

Bitcoin and Ethereum Options Worth $1.907 Billion Expire Today at 4:00 PM UTC

According to Deribit data, Bitcoin and Ethereum options worth approximately $1.907 billion will expire today at 4:00 PM UTC. Bitcoin options account for $1.43 billion with a put-to-call ratio of 0.98 and a maximum pain level of $62,000. Ethereum options total $237 million with a put-to-call ratio of 1.21 and a maximum pain level of $1,700.
05:37

LG Energy Solution Selected to Operate South Korea's First AI-Based Battery Storage Grid Project With 140 MWh Capacity

According to South Korea's Climate Energy and Environment Ministry, LG Energy Solution was selected on July 10 to operate the government's first AI-enabled battery energy storage system (ESS) project for power distribution networks. The company's consortium with Shinhan Asset Management secured 7 distribution lines with a combined capacity of 140 MWh, the maximum allocation for a single operator among 32 lines nationwide. Commercial operations are scheduled to begin in 2027 and will run for 20 y
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05:34

Federated Hermes Strategist Expects Fed to Hold Rates in July; Market Prices Just 22% Probability of 25bp Hike

According to Federated Hermes Chief Market Strategist Phil Orlando, the Federal Reserve is unlikely to raise rates by 25 basis points in July, contrary to growing investor expectations. Orlando stated the Fed should ignore what he views as temporary energy supply shocks and maintain rates unchanged. Currency markets currently price a 22% probability of a 25bp rate hike in July, according to data from the London Stock Exchange Group.
05:33

Aqua Labs Signs Strategic Investment Agreement With PayTheFly on July 8 at Abu Dhabi ADGM

According to BlockBeats, Aqua Labs and PayTheFly signed a strategic investment agreement on July 8 at the Stablecoin & Digital Asset Innovation Forum 2026 held at ADGM Academy in Abu Dhabi, aimed at advancing global stablecoin payment infrastructure. The forum attracted hundreds of participants from ADGM regulators, UAE government authorities, Visa, major banks, Web3 enterprises, and global payment industry leaders.
05:32

Hong Kong's Hang Seng Index Rises 341 Points to 24,371 in Afternoon Trading

According to HKEJ, Hong Kong's stock market extended gains in afternoon trading on July 10. The Hang Seng Index rose 341 points, or 1.42%, to 24,371 by 1:24 PM. The Composite Index gained 104 points, or 1.31%, to 8,102, while the Tech Index advanced 83 points, or 1.76%, to 4,814. Major tech stocks led the rally, with Alibaba up 3.1% and Xiaomi climbing 4.2%, though AI-focused stocks retreated—ZhiPu fell 12% and MiniMax dropped 12.9% following recent funding announcements.
05:31

Meta CEO Zuckerberg Denies Overcapacity Concerns; Market Demand for AI Compute Is Extremely High

According to media interviews, Meta CEO Mark Zuckerberg recently denied claims that the company has excess computing capacity, stating that market demand for AI computing resources is extremely high. Zuckerberg indicated that Meta is considering renting out portions of its AI infrastructure to external parties, as external markets offer very high prices for compute capacity. He noted that Meta plans to increase its total computing capacity to 14GW by 2027, approximately double its current deploy
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