Gate Crypto Flash News and Market Updates

Under Armour reported first quarter adjusted earnings per share of $0.050, beating the $0.02 estimate. First quarter revenue came in at $1.10 billion, down 3.2% year-over-year and below the $1.11 billion estimate. Operating profit surged to $46.7 million from $3.32 million in the prior-year quarter, significantly exceeding the $28.1 million estimate.

According to Coinglass data cited by BlockBeats, on August 7, funding rates across major centralized and decentralized exchanges indicate the market has shifted to a bearish stance amid minor Bitcoin strength.

On August 4 at 8:00 UTC, Bybit increased the collateral ratios applied to larger cryptocurrency positions under its Unified Trading Account Loans, allowing traders to access more borrowing capacity without selling underlying assets. The update covers 12 assets including Ethereum, Solana, BNB, Dogecoin, XRP, Cardano, Chainlink, Litecoin, Tron, Shiba Inu, Pepe and Polkadot. The most significant change applies to holdings exceeding the previous highest tier threshold, where the collateral ratio pre

According to Whale Alert, USDC Treasury minted 250 million USDC on Solana today, August 7, valued at approximately $250.03 million.

According to Beating, Herdr has joined Y Combinator F26. The tool functions as a terminal multiplexer designed for Coding Agents like Claude Code and Cursor, allowing developers to manage multiple agents in the background while maintaining persistent sessions even if the terminal closes or SSH connection drops. Developed solo by Can Celik over four months, Herdr has reached approximately 25,000 GitHub Stars and 340,000 downloads. The project's core runtime remains open source, with its license t

According to SEC 13G filing, Fidelity increased its stake in EH (Nasdaq: EH) to 4.49 million shares as of June 30, up from 1.68 million shares at the end of Q1, raising its ownership to 7.4% of outstanding shares. The investment firm is now the company's largest external shareholder.

According to Tesla and SpaceX's announcement, on August 6 the companies confirmed they will make an initial $16.8 billion investment to build the Terafab chip plant in Grimes County, Texas, north of Houston. The project, originally planned for Austin's Giga Texas campus, has been relocated as part of a joint venture with xAI. Total spending across multiple build-out phases could reach $119 billion. The facility, designed to house over 100 million square feet of manufacturing space, will produce

According to JPMorgan, XRP recorded the largest single monthly ETF inflow surge as a percentage of assets under management (AUM) of any cryptocurrency since July 2025, outperforming Bitcoin, Ethereum, and Solana. The figures, highlighted by market analyst Xaif Crypto, reveal rapid institutional adoption of XRP exchange-traded funds. Meanwhile, the XRP Ledger tokenization market reached approximately $4.3 billion, with institutions increasingly adopting the platform for real-world asset issuance

According to Moscow Times, Russia's Federal Security Service (FSB) and Interior Ministry conducted joint raids on Friday against illegal cryptocurrency exchanges in Moscow, arresting over 20 people and shutting down nine unauthorized money exchange channels allegedly used by telephone scam rings to launder stolen funds. One detainee disclosed in official video footage that the operation's daily money laundering volume reached $2 million. Most arrested individuals were young Russians aged 18–25,

According to BlockBeats, on August 7, an attacker drained $500,000 in assets from a victim's wallet and attempted to swap them for WETH using maximum slippage settings, inadvertently paying over $370,000 in fees during the process, according to monitoring by The Data Nerd. The attacker ultimately received 67.92 WETH, valued at approximately $129,000.

According to Foresight News, self-custody wallet Ready announced its application will migrate to the Base network later this month. Eligible users will then be able to obtain Ready cards again, subject to regional availability. Ready previously suspended card services in late July due to card issuer Kulipa ceasing operations, though user assets remained unaffected.

The SEC approved on April 10 Nasdaq's rule change to extend U.S. equity trading to 23 hours daily, five days a week. Nasdaq plans to launch the 23/5 trading schedule on December 6, 2026, with sessions running from 4:00 to 20:00 ET (day session) and 21:00 to 4:00 ET the following day (night session), with a one-hour pause from 20:00 to 21:00. The actual launch remains contingent on Securities Information Processor (SIP) and related market data systems readiness, making December 6 a planned date r

According to Russian Defense Ministry reported by International News Agency TASS, Russia struck three vessels near Odesa and Chornomorsk on August 7.

Spain's government warned on August 7 that it will take retaliatory measures against Italy if the country does not lift border controls targeting Spanish travelers by August 9.

According to Coinglass data, if BTC falls below $61,669, cumulative long liquidations on major centralized exchanges would reach $1.135 billion. Conversely, if BTC breaks above $67,585, cumulative short liquidations would reach $1.042 billion.

According to Bloomberg, BlackRock said the U.S. decision to sell euros and support the yen without prior notice to European policymakers heightens geopolitical risk and weakens long-term government bond appeal. James Turner, BlackRock's global head of fixed income for Europe, Middle East and Africa, stated that while the intervention is unlikely to directly harm European government bonds, the unexpected move signals reduced cooperation among nations. BlackRock is currently unwilling to hold long

According to Jin10 data, Beijing's power grid peak load broke through 30 million kilowatts for the first time on August 7, reaching 30.26 million kW at 1:17 PM local time. The city has now set new historical records for three consecutive days amid persistent high temperatures and humidity. Cooling-related loads, including air conditioning, accounted for over 47% of peak demand during the day. The grid operated safely with stable electricity supply, supported by the State Grid's real-time monitor

According to Rappler, on August 5, two veteran Philippine Stock Exchange (PSE) broker-directors, Ma. Vivian Yuchengco and Eddie T. Gobing, petitioned the Court of Appeals to nullify the Securities and Exchange Commission's (SEC) new term-limit rule for broker-directors. The SEC's Memorandum Circular No. 17, Series of 2026, imposes a maximum cumulative tenure of 10 years on broker-directors. The petitioners argue the SEC exceeded its authority and violated constitutional due process guarantees. S

According to Reuters, President Trump will hold meetings with major mining executives on August 7 at the U.S. State Department to secure critical mineral supplies for the United States and its allies. The meetings aim to coordinate action on critical mineral sourcing.

According to BitcoinTreasuries.NET, Alaska Retirement Management Board (managing $50 billion in assets) has reported holdings of 19,800 ASST shares in Strive, valued at $216,000. The position provides Bitcoin exposure to approximately 100,000 state employees.