Gate Crypto Flash News and Market Updates

Spot silver declined 3% to $60.16 per ounce intraday on July 7, while spot gold dropped $50 to $4,112.65 per ounce, down 1.24% for the day.

According to Bitcoin Magazine, Tether is launching USDT on the Bitcoin network via the RGB protocol as early as July 2026, in partnership with software firm Utexo. The Bitcoin-based USDT will support instant swaps with BTC via the Lightning Network, with Tether Wallet and several exchanges planning to support the new asset. This marks USDT's return to the Bitcoin network, where it was originally launched via Omni-Mastercoin in 2014.

According to a media statement, AEREDIUM joined the Lava Tokenization Sandbox in July 2026 to test multi-chain real estate settlement models using Alba Bay, a large master-planned development in the Dominican Republic, as a real-world testing environment. The initiative, led by the Lava Foundation and Bretagne Holding Limited, focuses on payment-agnostic atomic settlement infrastructure that enables buyers to pay with bank transfers, cards, stablecoins, or digital assets across multiple blockcha

On July 7, the U.S. 10-year Treasury yield reached a four-week high, climbing 5.4 basis points to 4.533% in the latest trading.

According to Reuters and the U.S. Department of Treasury, the United States revoked general licenses for Iranian crude oil, petrochemicals, and petroleum products on July 8. The revocation will gradually terminate authorization for production, delivery, and sales of these materials originally issued on June 21, 2026.

WTI crude oil futures rose 4.00% intraday on July 7, reaching $71.30 per barrel.

According to Bloomberg, Microsoft began replacing OpenAI and Anthropic artificial intelligence models with its proprietary "MAI" models on Tuesday, deploying the in-house systems to Excel, Outlook, and GitHub Copilot. The internal models are already handling tens of thousands of user requests weekly across the productivity applications. The shift aims to reduce multi-billion-dollar dependency on external AI vendors and improve profit margins by circumventing licensing and API fees. Microsoft sha

The U.S. Treasury Department has recently released revised Iran general licenses, signaling that the United States is lifting sanctions against Iran.

BlackRock is launching the iShares Nasdaq 100 ETF under the ticker IQQ, expected to begin trading on Thursday (July 9) with an initial net asset value of $24 per share. The fund tracks the Nasdaq-100 index, which comprises the 100 largest non-financial companies listed on the Nasdaq exchange and has drawn sustained investor inflows driven by concentrated demand for large-cap technology and AI-linked stocks. IQQ directly competes with Invesco's QQQ Trust Series 1 and Nasdaq 100 ETF, which have NA

Radar Chat, developed by the Cake Wallet team, launched on Tuesday, combining end-to-end encrypted messaging with self-custodial Bitcoin payments via the Lightning Network, according to founder Vikrant Sharma. Available on iOS and Android, the app uses Signal's open-source protocol to enable users to send encrypted messages and Bitcoin simultaneously within private conversations without switching between chat and wallet apps. Users retain control of their private keys, with recovery options incl

According to The Block, ZEC climbed 12% on Tuesday as Zcash developers neared a mathematical proof that the network's privacy system does not contain an undetectable counterfeiting bug. Project Tachyon outlined details of its verification effort for Zcash's upcoming Ironwood shielded pool, with founder Zooko Wilcox noting the project is "on the verge of producing a mathematical proof that there are no undetectable counterfeiting bugs in the latest Zcash shielded pools." The announcement helped l

Saudi Arabia's Foreign Ministry condemned an attack on a Saudi oil tanker and called for Iran to immediately cease all actions threatening international maritime navigation and global energy security.

WTI August crude oil futures closed up $1.89, or 2.76%, at $70.44 per barrel today. Abu Dhabi Murban crude oil futures rose 3.34% to $68.91 per barrel. NYMEX August natural gas futures settled at $3.2650 per million BTU, while gasoline futures closed at $2.9539 per gallon and heating oil futures at $3.3017 per gallon.

Coinbase has obtained a UK Markets in Financial Instruments Directive (MiFID) investment services license, enabling retail clients to trade stocks on the platform for the first time and allowing institutional and professional clients regulated access to derivatives products. The license positions Coinbase alongside traditional investment firms under the Financial Conduct Authority's regulatory framework. Coinbase's derivatives segment reported daily trading volumes of $2.38 billion and open inte

According to Jin10, Shanghai Gold main contract closed up 0.08% at 906 yuan per gram, Shanghai Silver main contract closed down 0.70% at 14,855 yuan per kilogram, and SC Crude Oil main contract closed up 2.82% at 452 yuan per barrel in the night session at 2:30 AM on July 8.

According to market analyst Crypto Kid, XRP broke above a long-standing multi-cycle resistance level on July 7, which has now flipped into support—a bullish technical development often signaling stronger uptrend potential. The cryptocurrency is currently trading at $1.12, with trading volume surging over 200%, indicating renewed investor participation. Crypto Kid believes if buyers successfully defend the $1.10 support level, XRP could challenge the next resistance around $1.22 before potentiall

Amazon recently issued $25 billion in bonds, attracting subscription demand of $62 billion.

According to Nintendo's official announcement on Monday, the company will cease producing the original Switch in Europe beginning next February in response to new European Union regulations requiring easily replaceable batteries in consumer electronics. Nintendo plans to continue selling the original Switch outside Europe and will redesign the Switch 2 to comply with the battery regulations.

According to Coinglass data, $200 million USDT was transferred from an unknown wallet to Binance on July 8 at 02:12 UTC.

Gate News message, Pump Fun (@Pumpfun) deposited 68,596 $SOL valued at $5.65 million to centralized exchanges within the past hour. The transfer suggests a potential sell-off is underway.