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
11:25

OpenAI Launches ChatGPT for Academic Researchers, Plans to Offer 100K Scientists GPT-5.6 Sol Pro Free Access by 2027

According to OneMillionAI, OpenAI announced a new ChatGPT for Academic Researchers program on July 30, planning to offer free access to advanced models and research tools to 100,000 scientists by 2027. The first 10,000 participants will gain access this summer, with available tools including GPT-5.6 Sol Pro, ChatGPT Work, and Codex, plus expanded Deep Research quotas, higher usage limits, and extended context windows. Applicants must be affiliated with OpenAI-designated research universities and
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11:25

Qualcomm Stock Drops 4.42% on July 30 as Apple Revenue Decline Accelerates

Qualcomm's stock slid 4.42% in premarket trading on July 30, falling to $148.80 per share, after the company warned of higher memory costs and faster-than-expected revenue decline from Apple. The company guided adjusted earnings per share for the current quarter at $2.05–$2.25, below analyst consensus of $2.36. Qualcomm disclosed that its modem chip market share in upcoming iPhones will be significantly lower than the previously estimated 20%, signaling accelerated business loss as Apple expands
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11:22

OpenAI's July Annualized Revenue Surpasses Entire Q2, Driven by GPT-5.6 and ChatGPT Work

According to OpenAI financial chief Sarah Friar during an internal employee meeting on July 30, the company's annualized recurring revenue (ARR) in July 2026 surpassed the entire second quarter's scale. Board chair Bret Taylor attributed the growth to key product releases, including the GPT-5.6 series models, the ChatGPT Work enterprise agent tool, and the expanding adoption of Codex AI coding tool. OpenAI is also planning $600 billion in computational spending through 2030 and is currently nego
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11:22

ALT5 Investors Lose Over 90% as Token Crashes to 6 Cents; Trump Family Profits Exceed $500M

According to Bloomberg, ALT5 Sigma (now AI Financial Corp.) lost over 90% of its value since its summer partnership with Trump-linked platform World Liberty Financial, with the WLFI token it purchased plummeting from 20 cents to 6 cents. The company's market capitalization collapsed from over $1 billion to under $60 million within a year, leaving investors facing significant losses while facing potential Nasdaq delisting. Despite ALT5's downfall, the partnership generated over $500 million in re
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WLFI0.21%
11:21

Spot Gold Jumps to $4,073.60 Today as Federal Reserve Holds Rates at 3.50%-3.75%

According to Kitco News, spot gold jumped to $4,073.60 per ounce today, up over 1%, after the Federal Reserve left the federal funds rate unchanged in its target range between 3.50% and 3.75%. The gold market initially spiked $40 in response to the central bank's monetary policy decision. Despite maintaining its tightening bias, three committee members voted for a 25-basis-point rate hike at this meeting.
11:21

Meta's Free Cash Flow Hits 4-Year Low at $784M in Q2

Meta's free cash flow plummeted to $784 million in the second quarter ending June 30, marking its lowest level since Q3 2022, according to its earnings report released Wednesday. The company spent $30.12 billion on property and equipment purchases plus $962 million in lease payments, nearly exhausting the $31.86 billion generated by operations during the quarter. The sharp decline reflects the cost of Meta's accelerated artificial intelligence investment.\n\nMeta is not alone in facing cash flow
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11:21

Berenberg: Eurozone Q2 GDP Growth of 0.4% Shows Economic Resilience, ECB Needn't Worry

According to a report by Berenberg economist Felix Schmidt released on July 30, eurozone second-quarter GDP growth reached 0.4% on a quarterly basis, exceeding market expectations and improving from zero growth in Q1. The strong economic performance is positive news for the European Central Bank, which can maintain confidence in the region's growth outlook. Schmidt noted that PMI surveys indicate a solid start to Q3, with future trajectory heavily dependent on inflation trends. He stated that if
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11:20

Meta Misses Q2 Earnings With $6.18 EPS vs $7.4 Expected, Stock Heads for 11th Straight Decline

According to Patrick Moorhead, chief analyst at Moor Insights & Strategy, Meta missed Q2 earnings expectations on Thursday, with EPS of $6.18 falling short of the $7.4 consensus estimate. During a CNBC interview, Moorhead characterized the miss as "mostly self-inflicted," explaining that while the company beat on revenue, higher-than-expected expenses drove the shortfall. Shares of Meta declined over 11 consecutive days following the report. Meta's Q3 guidance of $61–64 billion also disappointed
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11:14

Ark Invest Sells 120,665 Shares of Bitmine on Wednesday Despite Calling Ethereum Strategy 'Exponential'

According to Ark Invest's daily trade disclosures, Ark Innovation ETF (ARKK) sold 120,665 shares of Bitmine Immersion Technologies (BMNR) on Wednesday, marking the fund's largest sale of the day. The fund also trimmed positions in Bullish (BLSH, 11,314 shares), Block (XYZ, 13,403 shares), and Robinhood Markets (HOOD, 12,561 shares) on the same day. The sales came despite Ark recently calling Bitmine's Ethereum treasury strategy an "exponential opportunity" in its 2026 outlook. Meanwhile, Ark add
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ETH0.32%
11:13

Aave Clarifies July 30 Delisting of Low-Adoption Assets as Strategic Focus, Not L1/L2 Stance

According to Aave founder Stani Kulechov on July 30, the protocol's recent delisting of low-adoption assets and networks should not be interpreted as a position on any Layer 1 or Layer 2 blockchain. The move aims to reduce operational, technical, and economic risk exposure, allowing Aave to prioritize high-impact initiatives including expanding in existing high-value markets and entering the securities financing sector.
AAVE0.33%
11:12

Hyperliquid and Pump.fun Account for 67% of Crypto Application Revenue, ARK Invest Reports on July 30

According to ARK Invest research associate Lorenzo Valente on July 30, 2026, Hyperliquid and Pump.fun together account for roughly 67% of all crypto application revenue. When synthetic dollar protocol Ethena is included, the top three platforms' combined share reaches nearly 80%, marking a record level of crypto revenue concentration. The consolidation extends to exchange closures: BitMEX will shut down in September 2026 following a strategic review by owner HDR Global Trading, while BitMart pla
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HYPE-2.33%
PUMP1.00%
ENA-2.41%
11:11

India's Central Bank Sold $7 Billion on Friday to Defend Rupee

According to Bloomberg, the Reserve Bank of India sold approximately $7 billion last Friday (July 25) to defend the rupee, citing people familiar with the matter. The rupee traded at 95.6 per dollar on Thursday, approximately 1.4% away from its record low, with the currency falling 5.87% against the dollar in 2026. The central bank intervened in both onshore and offshore markets. Follow-up dollar sales on Monday and Tuesday lifted the rupee past 96 per dollar. India's foreign exchange reserves s
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11:11

US Releases Q2 GDP Preliminary Estimate on Thursday; 2.1% Growth Expected

According to the US Bureau of Economic Analysis, the US will release its preliminary second-quarter GDP estimate on Thursday (July 30) at 13:30 GMT, with analysts expecting annualized growth of 2.1%. The report will also include the Personal Consumption Expenditures (PCE), the Federal Reserve's preferred inflation gauge. The GDP Price Index, which tracks inflation across domestically produced goods and services, will also be published alongside the headline figures.