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.
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22:49

McConnell Remains Unable to Return to Senate Since June 14 Fall, Capitol Physician Says

According to the U.S. Capitol physician, Senator Mitch McConnell of Kentucky remains unable to return to work since falling at home on June 14. The 84-year-old senator is currently receiving treatment at a rehabilitation facility and has not received medical clearance to leave. McConnell stated he is undergoing intensive physical therapy under medical guidance to attempt recovery and resumption of his full Senate and Kentucky duties.
22:47

Ukraine Strikes Russian Oil Facilities, 2 Killed; Russia Claims 182 Drones Shot Down on July 28

According to Ukrainian officials and Russia's Defense Ministry, Ukraine conducted strikes on Russian oil facilities and export terminals in the Rostov region on July 28, killing two people and damaging infrastructure in the Yaroslavl and Udmurtia regions. Russian forces claimed to have shot down 182 Ukrainian drones overnight. Russian President Putin signed a decree increasing the armed forces personnel by 25,000. Ukrainian President Zelensky is scheduled to meet with U.S. Senate members on Tues
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22:47

Pentagon Delays $400M Ukraine Aid Until 2029 Fiscal Year

According to Jin10, the Pentagon has delayed the disbursement of a congressional-authorized $400 million aid package for Ukraine until the 2029 fiscal year, according to a source on Monday (July 28). The U.S. Department of Defense sent a letter to lawmakers in May outlining the spending timeline, drawing criticism from Democrats and some Republicans for the postponement. The funds remain unobligated two months after the letter was issued. Ukrainian President Zelensky is expected to meet with Tru
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22:46

Bitcoin ETF Inflows Hit $206M on July 21, Extending Six-Day Rally With $900M Influx

U.S. spot Bitcoin ETFs recorded $206 million in net inflows on July 21, extending a six-consecutive-day streak that has attracted more than $900 million in new capital. The rebound follows $2.7 billion in outflows during late June and signals renewed institutional interest, with inflows broadly distributed across funds managed by BlackRock, Fidelity and ARK.
BTC-0.94%
22:46

WTI Crude Falls 8.2% to $81.96 on July 28, Largest Drop in Two Months as U.S. and Iran Pause Escalation

According to Guru Club, WTI crude oil fell 8.2% to approximately $81.96 per barrel on July 28, marking the largest single-day decline in two months. Brent crude also dropped to around $89. U.S. President Trump announced a pause on airstrikes against Iran to allow room for negotiations. In parallel, Iran signaled restraint in its retaliation and opened consultations with Oman regarding the Strait of Hormuz.
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22:43

Nvidia Invests $5B in Sam Altman-Backed AI Startup SSI on July 27

According to Financial Times and Bloomberg, on July 27, Nvidia announced a $5 billion investment in Safe Superintelligence (SSI), an AI startup founded by former OpenAI co-founder Ilya Sutskever. The funding will support SSI in deploying Nvidia's next-generation Vera Rubin AI systems and scaling computing capacity tenfold over the next 12 months. The investment is part of Nvidia's broader $750 billion AI ecosystem strategy, which includes discussions to provide OpenAI up to $250 billion in payme
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22:37

US Dollar Index Rises 0.037% on July 27, Three Consecutive Days of Gains

According to Yonhapinfomax, the US Dollar Index (DXY) rose 0.037% to 101.514 on July 27 afternoon (US Eastern Time), extending gains for a third consecutive trading day. The dollar strengthened amid weakness in sterling and the Swiss franc, despite a sharp decline in crude oil prices. Against the yen, the dollar-yen rate fell 0.070% to 163.741, while the euro-dollar rate dropped 0.001% to 1.13699. Sterling weakened 0.227% to 1.32918 per dollar as UK inflation expectations faded following the oil
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22:37

Prediction Markets Put GPT-6 Release Odds at 77% by September 30

According to Polymarket and Myriad prediction markets, traders have pushed odds of a public GPT-6 release by September 30 to 77% as of July 27, climbing from 14% at the start of the month. Polymarket's GPT-6 market generated $731,000 in trading volume, up $32,000 in the last 24 hours, while Myriad saw September odds similarly climb to 77% from 64% the prior week. OpenAI has not publicly announced GPT-6 or a launch date; its current flagship model is GPT-5.6 Sol, released July 9.
22:34

Nvidia and OpenAI in Talks for $250B Financing Guarantee for AI Data Center

According to the Wall Street Journal and CNBC, Nvidia and OpenAI are in talks for a $250 billion financing guarantee on Monday to support a 10-gigawatt artificial intelligence data center campus in Ohio. The proposed guarantee would support the project's lease and construction debt. Nvidia shares fell more than 4% on the announcement, pulling semiconductor stocks down with it.
22:32

S&P 500 Ends Flat, Dow Gains 0.5% on Weak Oil, but Nasdaq Slips 0.3% on China Chip Concerns

The S&P 500 ended flat on Monday, while the Nasdaq 100 slipped 0.3% and the Dow Jones Industrial Average added 0.5%, as weakness in oil prices supported industrial stocks but AI concerns weighed on chip equities. ASML Holdings tanked 6% and the VanEck Semiconductor ETF fell 2% following a report that China has begun producing domestic deep ultraviolet lithography machines. Meanwhile, Brent crude futures for September delivery fell 8.7% to $88.36 per barrel and West Texas Intermediate crude settl
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22:31

Hyundai Rotem Stock Drops 16% After Q2 Operating Profit Misses Expectations; Brokers Cut Targets

Multiple South Korean brokerages including Korea Investment & Securities, Samsung Securities, and Shinhan Investment & Securities cut their target prices for Hyundai Rotem on July 28, following disappointing Q2 earnings. The company reported operating profit of 232.4 billion won, down 9.8% year-over-year and roughly 14% below market consensus, despite revenue rising 13.3% to 1.6 trillion won. Korea Investment lowered its 2027 operating profit forecast by 19.7% and cut its target price from 320,0
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22:31

Haiti's Interim Electoral Council Sets Presidential Election for December 13

Haiti's interim electoral commission announced on July 27 that the first round of presidential and legislative elections will be held on December 13, 2026, with the second round scheduled for February 21, 2027, according to Jin10. This marks the latest update on the repeatedly postponed Haitian election schedule.
22:27

Gold Breaks Through $4,000/oz After Grinding Since June, Signaling Potential Bottom

According to Shanghai Securities News, gold broke through $4,000 per ounce in recent weeks after grinding at that level since June. Market experts indicate the market is currently in a gold bottoming phase, with investors becoming more sensitive to bullish signals. The U.S.-Iran situation remains a core driver for gold prices in the near term.
22:25

Kunlun New Energy Materials Hong Kong IPO Prospectus Expires on July 28

According to Zhitong Finance, Kunlun New Energy Materials Technology (Yichang) Co., Ltd.'s Hong Kong IPO prospectus, filed on January 28, 2026, will expire on July 28, 2026, after exceeding the six-month validity period. CITIC Securities International and Ping An Securities (Hong Kong) served as joint sponsors. The company is a leading global supplier of lithium-ion battery electrolytes, focusing on the research, development, and sales of advanced battery materials.
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22:25

McDonald's Target Prices Cut by Major Brokers Ahead of Q2 Earnings on August 8

According to Daishin Securities analyst Jo Jae-woon on July 28, major brokerages including BTIG, Citigroup, and Wells Fargo have downgraded McDonald's price targets, with 17 target cuts versus only 2 increases over the past month. The stock trades at a 12-month forward price-to-earnings ratio of 21x, representing a 12% discount to its 5-year average of 24x. Analysts will focus on same-store sales trends and earnings per share when the company reports Q2 results on August 8. The key metric is whe
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