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
19:21

Cardano Transfers Core Development to External Teams as Van Rossem Upgrade Activates July 18

According to Input Output's announcement on Friday, Cardano is handing control of its core blockchain infrastructure to outside specialist firms, beginning in August. The Haskell node, Plutus smart-contract platform, Daedalus wallet, and Hydra scaling technology will be transferred to Se7en Labs, Teragone, and other partners, with the full transition completing through 2027. At least three independent node implementations in Haskell, Rust, and Go will run in parallel, overseen by community bodie
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18:44

Trump Announces U.S. to Immediately Reapply for 2038 World Cup Hosting Rights

According to Jin10, U.S. President Trump announced today at the FIFA World Cup final in New Jersey that the United States will "immediately" reapply to host the World Cup. Trump told FIFA President Infantino of the decision, citing strong viewership data from the ongoing tournament. The next three World Cup hosts are set: 2030 in Spain, Portugal, and Morocco; 2034 in Saudi Arabia; making 2038 the next available hosting opportunity.
18:36

Conor McGregor Wagers $100K on Argentina 3-2 Win at July 19 World Cup Final for $3.6M Payout

According to Bitcoin.com News, UFC star Conor McGregor wagered $100,000 on Argentina defeating Spain 3-2 in regulation time at the July 19 World Cup final, with a potential $3.6 million payout at 36.00 odds. The bet must settle within 90 minutes plus stoppage time; any other score results in a loss. McGregor's prediction was inspired by a viral 2021 social media post that declared Argentina would beat Spain 3-2 in the 2026 final. Prediction markets favor Spain, with Kalshi assigning 58.2% odds t
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18:33

GENIUS Act Takes Effect One Year On, U.S. Regulators Still Drafting Stablecoin Rules

According to ChainCatcher, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) one year ago, establishing the first federal regulatory framework for stablecoins in the United States. The act requires federal regulators to develop governance rules covering stablecoin issuer reserves, governance, and operational requirements. Implementation details remain under development by the U.S. Office of the Comptroller of the Currency, Federa
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18:32

France Orders ISPs to Block Polymarket Ahead of World Cup Final Worth $4 Billion

According to France's gambling regulator Autorité nationale des jeux (ANJ), the agency ordered internet service providers to block Polymarket on July 16, citing the platform's promotion of illegal gambling offerings. The regulator said the platform could expose users to significant losses and that some wagers may be manipulated. The timing is notable as Sunday's World Cup final between Spain and Argentina will settle Polymarket's World Cup Winner market, the largest single market in the platform
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17:43

Trump Tends to Further Escalate Military Action Against Iran, Official Says

According to the Jerusalem Post, on Sunday, multiple Israeli and American officials said that U.S. President Trump is inclined to further escalate military action against Iran. One official stated that Trump is prepared to expand operations, with the remaining questions being the scale and timing of escalation. The official added that Trump believes diplomatic resolution is virtually impossible unless unexpected circumstances arise. However, another official cautioned that Trump has previously c
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17:42

Saylor Warns BIP 110's 55% Activation Threshold Could Threaten Bitcoin's Neutrality

According to X posts by Michael Saylor, the executive chairman of Strategy and largest publicly listed bitcoin treasury company, BIP 110 would threaten Bitcoin's core neutrality by restricting certain transaction types and data uses on the blockchain. Saylor's main critique centers on Bitcoin's inability to distinguish transaction intent. "Bitcoin cannot read intent," he wrote, arguing that consensus rules designed to block "spam" would require the protocol to judge which uses are acceptable. Th
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17:31

Single-Stock Leverage ETFs Draw 73T Won in Korea, Down 45%, as Government Raises Entry Bar

According to South Korea's stock exchange, single-stock leverage products focusing on Samsung Electronics and SK Hynix absorbed 73.3 trillion won in net inflows over the past month through July 15, though returns fell 45-48%. The KODEX SK Hynix single-stock leverage product alone drew 34.5 trillion won—the largest ETF inflow on record—while individual investors accounted for the majority of purchases totaling 58.5 trillion won across both stocks. To curb volatility and losses, South Korea's gove
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17:26

Clarity Act Odds Drop to 39% on Polymarket, Down 26% from Recent Highs

According to Polymarket on July 19, prediction market traders have turned bearish on the Clarity Act becoming law by December 31, 2026, with "yes" odds falling to 39% from recent highs. The market has drawn nearly $1.94 million in volume. Meanwhile, Kalshi bettors are more confident about a near-term procedural step: contracts on a Senate recorded vote before August 8 trade at implied odds of 67.8%.
17:25

Trump Warns Gulf Mediators of Major Escalation If No Ceasefire Deal This Week After Iran Fires 4 Missiles

According to Israeli Channel 13, U.S. President Trump warned mediators involved in ceasefire negotiations that all parties should prepare for significant escalation if no deal is reached this week. Trump delivered the message after Iran fired 4 missiles toward Jordan and the Persian Gulf region on Sunday, followed by a U.S. air strike on Iranian territory that same night. An Israeli senior military officer stated that if missiles targeting Jordan hit Israel's southern Eilat port area, Israel wou
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17:24

Rubio Meets Lebanese President Aoun on July 19; Trump to Receive Aoun at White House on July 21

According to the U.S. State Department, U.S. Secretary of State Rubio met with Lebanese President Aoun on July 19 to discuss implementation of the U.S.-Lebanon-Israel framework agreement. The two discussed disarming Hezbollah and destroying its "terrorist infrastructure" in Lebanon, with Rubio reaffirming U.S. support for the trilateral agreement. Trump is scheduled to meet with Aoun at the White House on July 21, marking the first formal bilateral meeting between the Lebanese president and a U.
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17:17

Israel's Chief of Staff Says Military Ready to Resume Combat on July 19

According to Jin10, on July 19, Israeli military Chief of Staff Zamir stated that the Israeli military is closely monitoring Iran's situation while maintaining high alert status and is prepared to resume combat operations immediately. Zamir noted that the military detected projectiles heading toward the Aqaba region in southern Jordan on the day, with air defense systems remaining vigilant. He emphasized that Israel's military stands ready to take action against anyone threatening Israel.
16:52

Klarna Trades $18.75 on July 17; Analyst Targets Range $20–$25 vs. 52-Week Low $12.06

According to StockAnalysis and MarketBeat, Klarna Group (NYSE: KLAR) traded at $18.75 on July 17, 2026, with analyst consensus target of $24.10 across 22 desks, implying 28.5% upside. The tightest spread among published targets ranges from Barclays' $20 to Goldman Sachs' $25—a $5 dispersion that suggests analyst anchoring rather than reflection of asset volatility. The stock's 52-week low stands at $12.06, set earlier this cycle, representing 36% downside from current levels. Klarna reported tra
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16:49

Kimi Splits Code Into Separate Plan, Annual Fee Climbs 228% to 1536 Yuan

According to Beating 动察 monitoring, Kimi restructured its membership system on July 19, separating web, app, and Code functionalities into distinct plans. Previously, the annual Andante plan at 468 yuan included web access and basic Code credits. Users now requiring both services must subscribe separately to the Go and Starter tiers, totaling 1,536 yuan annually—a 228% increase. The platform stated that new Code plans removed monthly token caps, offering more tokens at equivalent price points, t
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