Gate Crypto Flash News and Market Updates

According to Bloomberg, SoftBank is considering acquiring a stake in Seven & I Holdings, the operator of Japan's 7-Eleven convenience store chain.

According to LX Holdings, on July 10, 2026, Chairman Koo Bon-joon transferred 6.1 million shares to his eldest son, Koo Hyung-mo (LX MDI president). The transaction is set to settle on August 10, 2026. Following the transfer, Koo's stake in LX Holdings will decline from 19.99% to 12.14%, while his son's holdings will increase to 19.77%, representing 7.85% of the company's total issued shares.

According to the Brazilian Federal Police, on Monday authorities executed Operation Veil of Maya, targeting 87 shell companies involved in illegal gambling and money laundering. The ring used cryptocurrency to transfer betting funds abroad, evading taxes in the underground gambling market. Nine search-and-seizure operations were conducted across São Paulo, Ribeirão Preto, Porto Alegre, and Canoas. The Federal Police stated that those under investigation may face charges of money laundering, tax

According to posts on X, Elon Musk recently praised Anthropic as "obviously" the current leader in artificial intelligence, reversing his earlier criticism of the company. Musk said Anthropic would "undoubtedly have Mythos 2 ready soon," though he provided no technical details. Musk also compared his position toward competitors with Tesla's patent openness and SpaceX's fair pricing practices. AnthropiC confidentially filed for a U.S. IPO in June following a funding round that valued the company

According to Arkham data, SpaceX moved small amounts of Bitcoin between company-controlled wallets on July 7, with transfers totaling less than $300. The largest single transfer sent approximately $88 in BTC from a Coinbase Prime Custody-tagged address to another SpaceX address, while additional movements included about 0.00213 BTC (worth approximately $135) and 0.00139 BTC (worth approximately $89). None of the funds were moved to exchange deposit addresses, suggesting routine wallet activity s

According to Foresight News, Binance Wallet has announced participation requirements for the Grvt (GRVT) Booster activity. Users must accumulate at least 2 Alpha points to participate; participation consumes 2 points. The total prize pool contains 1.5 million GRVT tokens, which will be subject to vesting periods set by the project.

Spot gold fell below $4,100 per ounce today, declining 0.58% during the session.

Two new Hong Kong IPOs showed mixed debut performances on July 10. Jinghe Integrated (02249), a wafer foundry, closed unchanged at HK$36.8, up 13.93% from its offer price of HK$32.3 intraday but retreating to par by market close. Binhua Shares (06745), a chemical manufacturer, fell 18.68% to close at HK$2.83, down from its IPO price of HK$3.48, with a low of HK$2.64. Jinghe raised HK$6.779 billion with 343.26x oversubscription in the public offering. Binhua raised HK$1.16 billion with 226.58x ov

According to Craig-Hallum, nLIGHT Inc. (LASR) secured a $627 million Joint Laser Weapon System (JLWS) defense contract, prompting the research firm to raise its price target to $100 from $80 on Friday. The agreement begins with a $44 million initial award and could expand significantly if additional development and production phases are approved. Craig-Hallum expects the company to generate some revenue this year, with larger financial benefits anticipated in 2027 and 2028. The contract strength

According to Senator Elizabeth Warren, the crypto market structure bill known as the CLARITY Act, as currently drafted, would serve as a 'ticket to sanctions evasion.' Her opposition echoes concerns from Richard Nephew, former special envoy for Iran at the U.S. National Security Council, who warned the bill's broader DeFi exemptions and weak anti-money laundering requirements would make it impossible to freeze illicit crypto assets like the $1 billion in Iranian funds seized by the U.S. Treasury

According to Santiment Intelligence and on-chain analytics platforms Alphractal and CryptoQuant, Solana's trading volume fell to $2.27 billion at press time on July 9, marking its lowest level in 2026, while negative sentiment surged to 14.05—the highest since November 2025. The downturn reflects a growing disconnect between SOL's expanding ecosystem and its price performance, leaving traders deeply frustrated. Solana's derivatives market, however, shows crowded long positioning, with $7.4 billi

According to Uniswap's official proposal, the decentralized exchange has proposed reducing V4 liquidity provider fee incentives by up to 33%, prioritizing lower trading costs and execution efficiency over higher LP rewards. At press time, Uniswap's TVL stood at $3.02 billion with monthly trading volume near $36 billion, indicating strong market leadership despite intensifying competition. The protocol believes tighter spreads and improved capital efficiency will attract sufficient trading volume

According to Cryptoquant, XRP's open interest fell to around $773.5 million in early July, a significant decline from above $1 billion in May. On Binance alone, open interest dropped to nearly $350.6 million, signaling reduced exposure among leveraged traders. Binance reserves also fell to approximately 2.62 billion XRP, with market cap sliding to $10.89 billion as new capital remains absent from the market.

According to the Israeli Defense Forces, the military recently destroyed five Hamas tunnels spanning approximately two kilometers in northern Gaza on the Israeli side of the ceasefire line.

According to sources cited by Reuters, Japan's central bank will hold interest rates unchanged in July while maintaining its commitment to continue raising rates in the future.

China's offshore yuan (CNY) closed at 6.7784 against the US dollar at 4:30 PM Beijing time on July 10, up 151 pips from the previous trading day's official close and 126 pips higher than the prior evening's close.

According to Goldman Sachs, the South African Reserve Bank is expected to maintain its benchmark interest rate unchanged in July, following recent dovish commentary from the central bank.

According to BlockBeats, on July 10, major storage and optical communication stocks declined in U.S. premarket trading based on BIT (bit.com) data. SanDisk fell over 3%, Micron Technology dropped nearly 3%, while Marvell Technology, Lumentum, and AAOI fell over 2%. Seagate Technology, Western Digital, and Corning declined nearly 2%.

Meta Platforms' shares rose 8.3% over four trading days through Thursday, on pace for their best weekly finish since mid-April, following the release of the Muse Spark 1.1 AI model for coding tasks. The stock gained 1% in premarket trading on Friday. Meta's Chief AI Officer Alexandr Wang confirmed on X that further Muse Spark iterations would follow. "Indeed, more to come!" Wang highlighted the model's strong tool use, million-token context window, parallel subagents, and advanced computer-use c

According to Germany's Federal Statistical Office (FSO), Germany's June consumer price index (CPI) came in at 2.3% year-over-year on July 10, matching preliminary estimates. The monthly reading declined 0.3% from May, while core CPI—excluding food and energy—rose 2.5%. The FSO attributed persistent price pressures to elevated energy costs, though the pace of increase moderated compared to the previous month.