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
14:59

Blockchain Tokens Experience Up to 99.8% Price Decline Since TGE

Gate News message, blockchain tokens that conducted their Token Generation Events (TGE) since January 2024 have experienced widespread price declines. Projects that raised substantial funding rounds include $0G with $359M, $STRK with $252M, and $BERA with $142M. These tokens have lost up to 99.8% of their price since their respective TGEs.
14:59

CLARITY Act Set to Pass Senate Next Week, Says House Admin Committee Chair Steil

According to Rep. Bryan Steil on Fox News, the CLARITY Act is on track to pass the Senate next week. Steil, chair of the House Administration Committee and head of the Digital Assets, Financial Technology and Artificial Intelligence Subcommittee within the House Financial Services Committee, emphasized the importance of establishing regulatory standards for digital assets.
14:49

Shipping Companies Face 'Worst-Case Scenario' in Strait of Hormuz Amid Escalating Iranian Attacks

According to Marisks CEO Dimitris Maniatis, speaking at a Lloyd's List Intelligence briefing, shipping companies are facing the 'worst-case scenario' in the Strait of Hormuz amid escalating Iranian attacks on vessels. Maniatis noted that crew anxiety levels have reached unprecedented heights, with fewer ships transiting the waterway. 'Now, regardless of what we promise them, they refuse to go through the strait. This is no longer about money or any higher mission. It is pure fear driving decisio
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14:45

Binance Wallet Adds Robinhood Chain Launchpad Filtering for Virtuals, Flap, Bankr

According to Binance official announcement on July 18, Binance Wallet's Meme Rush feature now supports filtering functionalities for multiple Launchpad projects on Robinhood Chain, including Virtuals Protocol, Flap, and Bankr. Users can now track tokens across BSC, Solana, Ethereum, Base, and Robinhood Chain simultaneously through Meme Rush in a unified feed.
14:39

China's FM Wang Yi Praises Indonesia for Welcoming Chinese Investment on July 18

According to China's Foreign Ministry website, Foreign Minister Wang Yi met with Indonesia's Coordinating Minister for the Economy Airlangga in Shanghai on July 18. Wang praised Airlangga for reaffirming Indonesia's welcome of Chinese enterprises investing in Indonesia and called for the provision of a fair and just business environment. The two sides pledged to deepen cooperation across various fields and jointly oppose "decoupling" while safeguarding global supply chain stability.
14:37

Traders Place $2.5B Bitcoin Bull Call Spread Bet on Deribit Ahead of July 31 Expiry

According to CoinDesk, traders placed a large bull call spread bet on Deribit this week, buying 20,000 Bitcoin call options expiring July 31 at a $70,000 strike while simultaneously selling 20,000 calls at a $72,000 strike. The combined 40,000 contracts represent approximately $2.5 billion in notional value and signal expectations for a modest Bitcoin price increase toward the $70,000–$72,000 range. Deribit Chief Commercial Officer Jean-David Péquignot noted multiple large bull call spreads obse
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14:31

Heavy Rainfall to Ease NYC Air Quality Ahead of Sunday World Cup Final

According to the U.S. National Weather Service forecast meteorologist Brian Hurley, heavy rainfall expected on Sunday is forecast to significantly improve air quality in New York and Washington, D.C., ahead of the World Cup Final. The air quality concerns for Sunday's match should be "substantially better, though not completely gone," Hurley stated. The region's air quality has deteriorated due to uncontrolled wildfires in Canada. In coming weeks, smoke may continue to drift between the Midwest,
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14:29

German Conservative Leader Jens Spahn Resigns Over Surrogacy Scandal

According to German Chancellor Friedrich Merz, conservative politician Jens Spahn announced his resignation following pressure over his use of surrogacy to have a child in the United States. Spahn had previously opposed efforts to legalize surrogacy in Germany. Merz stated that credibility is "the most important asset in politics" and characterized Spahn's decision as "correct and inevitable."
14:14

Uniswap Governance Votes on v4 Fees and Robinhood Chain Expansion Through July 26

According to The Block, Uniswap governance is set to vote on activating protocol fees for v4 pools and extending fee collection to Robinhood Chain, with onchain voting opening Sunday through July 26. Uniswap founder Hayden Adams stated that "we expect the impact on UNI burn to be substantial." The v4 proposal would activate fees across seven chains including Ethereum, Arbitrum, Base, and Robinhood Chain. Robinhood Chain deployments have reached $6 billion in cumulative swap volume as of July 10,
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14:13

Alphabet Stock Falls Over 6% in Two Days as Gemini Delays and Kimi K3 Gains Weigh

According to Barron's, Alphabet (GOOGL) stock fell 2.17% on Friday (July 17), capping a two-day decline exceeding 6% as investors reacted to AI execution concerns and intensifying competition. The declines reflect two key pressures: delays in rolling out Gemini 3.5 Pro—originally planned for June—and the emergence of Moonshot AI's Kimi K3 model, which independent benchmark tests showed surpasses all of Google's current models in reasoning ability. Zacks Investment Management's chief market strat
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14:13

ECB Rate Decision in Focus as Fed Enters Blackout Period; Tesla, Intel Earnings Due Next Week

According to BlockBeats, the European Central Bank's interest rate decision on Thursday (July 24 Beijing time) becomes the focal point for markets next week as the Federal Reserve enters its pre-meeting blackout period with no major U.S. economic data releases scheduled. Key events include ADP employment data on Tuesday (July 22), the ECB rate decision and Lagarde's press conference on Thursday (July 24), and Japan's June core CPI on Friday (July 25). Tesla will report Q2 earnings on Thursday, J
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14:13

U.S. Chip Stock Slump Sparks Debate Among Korean and Japanese Retail Investors Ahead of Monday's Open

Following the July 17 Korean national holiday, which allowed domestic markets to sidestep the impact of a sharp U.S. semiconductor stock decline, retail investors in South Korea and Japan are expressing growing anxiety about the opening on Monday, July 20. According to posts across online communities and social media on July 18, Japanese retail investors are awaiting South Korea's market reopening to share the risk, while Korean investors are divided—some calling for another trading halt, others
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14:12

Strategy Rebuilds $3 Billion Cash Reserve by Selling 3,588 Bitcoin in June-July

Strategy announced a new digital credit capital framework on June 29 aimed at reducing liquidity pressure by rebuilding cash reserves, pausing bitcoin purchases, and creating tools for dividend funding and share repurchases. From June 29 through July 5, the company sold 3,588 bitcoin for approximately $216 million to fund preferred dividends and increase its U.S. dollar reserve from $1.44 billion to $3 billion. The company also raised $466.7 million through equity sales from July 6–12 without ad
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14:10

Senator Warren Demands Trump Disclose Crypto Holdings by July 23

According to Bitcoin News, on July 16, Senator Elizabeth Warren demanded that President Trump voluntarily disclose his cryptocurrency income and holdings from January 1 through July 15 by July 23. As the top member of the Senate Banking Committee, Warren stated that Congress cannot fairly debate crypto legislation without complete information on the President's financial exposure to the industry. Warren expressed concern that pending legislation, including the CLARITY Act, may substantially bene
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14:03

Russia, UAE Emphasize US-Iran Ceasefire and Negotiations on July 18

According to Russia's Foreign Ministry, on July 18, Russian Foreign Minister Sergey Lavrov and UAE Deputy Prime Minister and Foreign Minister Abdullah bin Zayed discussed the Persian Gulf situation amid escalating US-Iran tensions. Both sides stressed that the United States and Iran must immediately cease fire and resume negotiations, while ensuring safe maritime passage through the Strait of Hormuz. The officials also reaffirmed commitment to strengthening Russia-UAE strategic partnership throu
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