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
22:04

U.S. 10-Year Treasury Yields Hit 4.567% on July 8, Highest Since Late May; WTI Crude Surges 8%

According to Yonhapinfomax, on July 8, U.S. 10-year Treasury yields hit 4.567%, the highest level since late May, as geopolitical tensions and Trump's threats against Iran drove oil prices sharply higher. West Texas Intermediate crude oil futures climbed as much as 8% intraday following Trump's warnings of additional attacks on Iranian infrastructure. The 2-year yield rose to 4.199%, while the 30-year yield reached 5.064%. Trump later moderated his rhetoric, stating he does not expect war with I
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22:03

Samsung Stock Falls 7% After Q2 Earnings, Capital Shifts to Mega-Cap Tech on July 7

According to CNBC's Jim Cramer, Samsung Electronics' Q2 earnings announcement on July 7 sparked a shift in market leadership from AI infrastructure plays to mega-cap tech stocks. The company reported provisional Q2 operating profit of 89.4 trillion Korean won and revenue of 171 trillion won. Following the earnings release, Samsung shares plunged 7%, while memory chip rival Micron fell 4.7%. Cramer noted that investors reinterpreted Samsung's results as a signal of broader AI hardware demand conc
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22:02

Federal Reserve Has 69% Probability of Holding Rates in July, CME Data Shows

According to CME Fed Watch data, the Federal Reserve has a 69.0% probability of holding rates steady in July and a 31.0% probability of raising rates by 25 basis points. For September, the probability of unchanged rates stands at 31.1%, with a 51.9% chance of a 25 basis point increase and a 17.0% probability of a 50 basis point hike.
22:01

Blue Origin Secures $10 Billion in External Funding, First Time Since Founding

According to Wall Street Journal, Blue Origin, the space company founded by Jeff Bezos, announced today (July 8) that it is raising $10 billion in external funding for the first time since its establishment. The capital will be directed toward expanding satellite communication networks and developing next-generation rocket technology.
21:55

U.S. Dollar Index Falls 0.1% on July 8 as Dovish Fed Minutes Outweigh Safe-Haven Demand

The U.S. Dollar Index (DXY) declined 0.1% to 100.99 on Wednesday (July 8), as dovish Federal Reserve minutes offset safe-haven flows from U.S.-Iran tensions. According to the Fed's June meeting minutes released Wednesday, policymakers expressed deep uncertainty about the path of interest rates, with most officials noting inflation may decline toward the 2% target in certain scenarios, but could remain elevated due to strong AI-related demand, Middle East conflicts, or tariff effects. In such cas
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21:42

Treasury Secretary Bessent Says Trump's $1.4B Crypto Earnings Pose No Conflict on July 2

According to CBS News, Treasury Secretary Scott Bessent said on July 2 that President Trump's crypto-related income disclosed in his 2025 financial filing raises no appearance problem. In an interview, Bessent told anchor Kelly O'Grady: "I don't think there's an appearance problem," noting that Trump's crypto ties predate his time in office. White House officials echoed the stance, dismissing conflict-of-interest concerns raised by Congressional Democrats.
21:37

Micron Climbs 1.1% to $948.80, SanDisk Rallies 6.8% on Wednesday as AI Memory Demand Rebounds

According to analysts, Micron Technology (MU) and SanDisk (SNDK) staged a rebound on Wednesday, July 8, with Micron rising 1.1% to $948.80 per share and SanDisk surging 6.8% to $1,727.18 per share. Both stocks had declined sharply since hitting peaks on June 25, with Micron down roughly 23% and SanDisk falling 30% from those highs. Shay Boloor, CEO of Futurum Equities, attributed the recovery to "oversold bounce" buying, driven by earlier profit-taking concerns about the memory cycle reaching it
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21:37

HSBC Expects 'American Exceptionalism' Trade to Cool in Q3 as Market Reassesses Risks

According to HSBC's Multi-Asset Strategy Team led by Max Kettner, the 'American exceptionalism' trade that has driven global markets this year is expected to cool in the third quarter. The team reiterated its overweight recommendation on equities, noting that market concerns about excessive AI investment, geopolitical risks, further U.S. rate hikes, and overheated risk appetite have been magnified. The team added that risk sentiment and positioning remain neutral overall as the market enters the
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21:22

Warner Bros. Discovery Partners with AWS to Launch Agentic AI Advertising Platform, Rolling Out Q3-Q4 2026

Warner Bros. Discovery announced a partnership with Amazon Web Services beginning 2026 to build an Agentic AI-powered advertising platform for managing and optimizing linear TV and digital streaming ads. The new platform consolidates fragmented workflows across business units, enabling unified management of advertising resources with automated, data-driven optimization. The company is deploying features in phases: Q3 2026 will introduce unified media planning, followed by modular order managemen
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