Gate Crypto Flash News and Market Updates

According to Iran's Tasnim News Agency, Iran's Foreign Minister Alagchi called Qatar's Foreign Minister on Wednesday evening to discuss the Strait of Hormuz incident.

According to BlockBeats citing Arkham monitoring, on July 9, SpaceX's marked address conducted its first Bitcoin transfer in six months, sending a small amount of BTC in a test transaction to another company-controlled wallet. Arkham analysts noted that such small test transfers sometimes precede larger treasury asset movements, though this does not necessarily indicate an imminent large-scale transfer. Currently, there are no signs that SpaceX has begun adjusting its Bitcoin reserves.

According to Jin10 data citing Signal49, Canada's central bank will maintain interest rates unchanged indefinitely through 2030 as it supports an economy facing broad weakness. The independent forecasting agency expects Canada's GDP growth to reach only 0.5% this year amid near-zero population growth and uncertainty over U.S. trade policy. Higher energy prices and weak consumer confidence will constrain spending growth, while government expenditure outside infrastructure and defense faces restri

According to Guru Club, Citi raised Riot Platforms' target price from $21 to $28 on July 9, while maintaining a "buy" rating on the stock.

According to market reports, Iraq and HKN Energy signed an agreement on July 9 to develop the Hamrin oil field. The project targets production capacity of 140,000 barrels per day and daily natural gas output of 40 million cubic feet.

According to Guru Club, Starbucks is leveraging artificial intelligence to reduce its dependence on Microsoft and IBM software systems on July 9.

According to PANews on July 9, China's National Supercomputing Internet core node in Zhengzhou officially launched during the 2026 Henan Artificial Intelligence Conference. The node can provide over 100,000 domestic AI computing chips, making it the largest single-unit domestic AI computing resource pool connected to the national supercomputing internet platform to date. The project is designed as a nationwide computing resource scheduling and coordination system handling operational management

According to Onchain Lens, Abraxas Capital deposited approximately $39 million in assets to Aave protocol over the past 24 hours. The deposits consisted of 15,000 ETH (approximately $26.42 million), 9.912 million USDT (approximately $9.91 million), and 49.986 WBTC (approximately $3.08 million).

According to Pantera Capital, perpetual futures and Hyperliquid's blockchain infrastructure are expanding into traditional asset classes with around-the-clock trading. The on-chain derivatives platform's model shows potential to challenge traditional Wall Street trading mechanisms through continuous 24-hour market access.

According to a Binance announcement on July 9, the exchange launched seven USDⓈ-M TradFi perpetual contracts: BOTUSDT, WENUSDT, INTWUSDT, SNXXUSDT, XBIUSDT, BNCUSDT, and FWDIUSDT. The contracts track RoboStrategy (BOT), Wendy's (WEN), GraniteShares 2x Long Intel ETF (INTW), Tradr 2x Long SanDisk ETF (SNXX), SPDR S&P Biotechnology ETF (XBI), CEA Industries (BNC), and Forward Industries (FWDI). BOT, WEN, INTW, SNXX, and XBI support up to 25x leverage, while BNC and FWDI support up to 10x leverage.

According to Lookonchain, a newly created wallet address withdrew 500 BTC from Binance today (July 9), valued at approximately $31.15 million. The wallet has no prior transaction history.

According to DIGITIMES, Samsung Electronics and SK Hynix have decided to postpone adoption of hybrid bonding technology for HBM4, reverting to traditional thermocompression bonding instead. The two companies made the change as the industry relaxes HBM thickness standards and customers delay their high-stack implementation timelines. Hybrid bonding is an advanced semiconductor packaging technique, with the industry previously expecting its earliest deployment in HBM4E.

According to iNews24, South Korea's KOSPI index rebounded on July 9 for the first time in four trading days, rising 0.62% to 7,291.91. Institutional investors drove the rally, net-buying 1.89 trillion Korean won worth of shares, while foreign investors added 416.6 billion won. However, retail investors net-sold 2.27 trillion won, including positions in Samsung Electronics and SK Hynix. Separately, SK Hynix's American Depositary Receipt (ADR) is set to list on Nasdaq on July 10, which market anal

According to a CNBC analysis of Federal Election Commission data, two major artificial intelligence PACs have invested at least $44 million in 40 House and Senate candidates through the end of June. Leading the Future and Public First Action have raised over $200 million combined, with plans to spend significantly more through the general election. Of the 28 candidates backed by Leading the Future, 25 won their primary races, while Public First Action's candidates have nearly all advanced. The g

According to BlockBeats, on July 9, MSCI maintained South Korea's emerging market classification for the 15th consecutive year, citing foreign investment restrictions and insufficient offshore won market liberalization. Despite strong performance from chip leaders like Samsung Electronics and SK Hynix, the regulator cited lingering concerns stemming from the 1997 Asian financial crisis, which have prompted South Korea to maintain tight currency controls. While recent reforms include consolidated

According to Jiemian News, Cloudflare and OpenAI launched a research pilot project on July 9 to improve AI search engines' indexing of web content using Cloudflare's global network insights. The initiative aims to help AI systems more efficiently discover and index relevant information across the open web by leveraging real-time network signals such as content freshness, traffic quality, and page changes, thereby enhancing the accuracy and timeliness of AI-generated answers.

According to LESG data, on Wednesday (July 9), market participants raised expectations for total UK base rate hikes in 2026 to 31 basis points, up 8 basis points from 23 basis points earlier that day. The adjustment followed the U.S. airstrike on Iran and subsequent Iranian attacks on vessels transiting the Strait of Hormuz, which heightened concerns about potential oil supply disruptions and inflationary pressure.

According to Jin10 and Shanghai Construction's announcement, Shanghai Construction Group signed cumulative contracts worth 121.507 billion yuan in the first half of 2026 (January-June). Construction contracts reached 99.536 billion yuan, up 1.61% year-over-year. The company secured 19 projects valued at over 500 million yuan each, including the Yueyuan Community project in Huangpu District and manufacturing facilities in Jinjiao South District.

According to Yonhap Infomax, South Korea's government bond yields rose on July 9, with the 3-year yield climbing 3 basis points to 3.778% and the 10-year yield increasing 5 basis points to 4.250%. Morning trading was pressured by heightened Middle East geopolitical tensions, which pushed crude oil prices higher; WTI crude oil futures jumped 3.08 dollars to $73.52 per barrel. Bank of Korea Governor Shin Hyun-song's parliamentary testimony provided some relief to markets, as his remarks avoided ex

According to Vietnam's Foreign Ministry, ASEAN foreign ministers will hold an informal meeting with Myanmar's foreign minister in Bangkok on July 12.