Gate Crypto Flash News and Market Updates

According to Iran's Supreme Leader advisor Reza'i, recently stated that if American forces occupy any location within Iranian territory, Iran may escalate from defensive warfare to offensive warfare.

Offshore Chinese yuan (CNY) closed at 6.7752 against the U.S. dollar at 03:00 Beijing time, down 41 points from the previous session. Trading volume reached $48.195 billion.

According to Bloomberg, on Friday (July 17), CBOT wheat futures rose 7.12% for the week to $6.8475/bushel. CBOT soybean oil futures climbed 5.06% over the same period. Corn futures gained 1.57% to $4.6825/bushel, while soybean futures edged up 0.90% to $12.0250/bushel.

According to market data, Brain (BRAIN), a memecoin on Base blockchain, surged over 3,800% in 24 hours after Coinbase CEO Brian Armstrong changed his social media profile picture to an image resembling the token's symbol. BRAIN's market capitalization briefly exceeded $30 million before stabilizing at approximately $20.14 million. According to on-chain data, approximately 8,850 wallet addresses hold the BRAIN token, with 12.68% of the supply concentrated in the top 10 wallets. The token is among

According to Jin10 data, a military base belonging to an Iranian Kurdish opposition group in Sulaymaniyah Province, Iraqi Kurdistan, was struck by airstrikes on the evening of July 17.

According to TheStreet, Binance founder Changpeng Zhao posted on X that Bitcoin protects against inflation while AI does not, garnering 1.3 million views. In a single-line statement, CZ declared: "AI is great, but it does not protect you against inflation. Bitcoin does." Unlike AI, which has unlimited supply potential, Bitcoin has a fixed cap of 21 million coins. CZ noted earlier this month that inflation runs at roughly 6-7 percent annually, with most income assets failing to beat this rate. Bi

According to Shanghai Gold Exchange, gold T+D contracts closed 0.61% higher at 876.0 yuan per gram on July 17 evening (Friday), while silver T+D rose 1.16% to 13,636 yuan per kilogram.

According to the Bank of England, HSBC's HSBC Orion platform became the first firm approved in July 2026 to operate live digital securities depository services under the UK Digital Securities Sandbox. The approval allows Orion to support issuance, servicing and settlement of tokenised bonds, including HM Treasury's planned Digital Gilt Instrument (DIGIT). The first DIGIT transaction is expected by the end of Q1 2027 and will be issued and settled on HSBC Orion rather than through conventional gi

According to Jin10, as of the overnight close on July 18 at 2:30, Shanghai gold futures rose 0.67% to 878 yuan per gram, Shanghai silver futures advanced 1.05% to 13,729 yuan per kilogram, and SC crude oil futures surged 5.23% to 543 yuan per barrel.

According to The Block, blockchain investigator ZachXBT claimed earlier this week that all hardware wallets are "complete garbage" and advised against using them for storing funds or signing transactions, instead recommending a dedicated iPhone. Trezor Chief Commercial Officer Danny Sanders pushed back Friday, acknowledging frustrations with hardware wallet friction but arguing ZachXBT was overgeneralizing from sophisticated, high-value use cases. "It's really hard to build on the edge of securi

According to CEO Paolo Ardoino, Tether's USDT stablecoin added over 30 million wallets every quarter throughout 2026, bringing its total user base above 550 million. USDT's market capitalization reached approximately $190 billion this year, briefly surpassing ether to become the second-largest cryptocurrency by market value. Tether posted $1.04 billion in net profit for Q1 2026 and holds 97,141 BTC in its dedicated bitcoin reserve.

According to CNN, President Trump boarded the new Air Force One presidential aircraft today to travel to New York for a FIFA reception.

According to The New York Times on Friday (July 17), Meta shares fell as much as 6% but began recovering following a report that the company is in early-stage talks to lease computing power from its AI data centers to Anthropic in a potential deal valued at up to $10 billion over two years. Anthropic proposed the arrangement in June and would pay in monthly installments over two years, with both companies able to exit early. Meta is currently reviewing the proposed terms, though the discussions

According to Scotiabank strategist Shaun Osborne, today's cross-asset market movement reflects a typical shift to risk-off trading. Stock markets declined sharply, driven by renewed concerns over the technology and chip cycle as well as escalating U.S.-Iran tensions.

According to Rajeev De Mello, global macro portfolio manager at Gama Asset Management, semiconductor valuations surged sharply in late June, intensifying market concerns and prompting investors to adopt a more cautious stance. Northern Hemisphere summer seasonal liquidity thinning has further amplified the selloff.

MSCI's Emerging Markets Index declined 2.8% intraday today (July 17), falling to 1,617.21 points. The index has retreated 10% from its bull market peak. A close at or below 1,622.49 points would confirm entry into technical correction territory.

The U.S. Congress has passed a temporary spending bill extending federal government funding through December 4, 2026. The measure provides continued appropriations for government operations and prevents a potential shutdown.

According to ChainCatcher, New Hampshire Governor Kelly Ayotte recently signed HB 639, the Blockchain Basic Laws, which expands legal protections for digital asset users, developers, miners, validators and businesses, and protects self-custody rights. The bill also authorizes establishing specialized courts for blockchain-related disputes. Texas Governor Greg Abbott signed SB 21 in June 2025, establishing the Texas Strategic Bitcoin Reserve, with an initial $5 million investment through spot Bit

According to ICE, speculators' net long positions in Brent crude oil increased by 114,752 contracts to 169,839 contracts for the week ending July 14, marking a five-week high. Net long positions in white sugar reached 58,847 contracts, the highest level since October 2011 when data began being recorded. Net short positions in London cocoa fell to 956 contracts, reaching a 10-month low.

According to its announcement, Bitcoin Japan (formerly Hota Marusho), a company listed on the Japanese stock exchange, raised approximately 9.657 billion Japanese yen ($60.3 million) through issuance of convertible bonds and new share purchase rights. The company allocated roughly 662 million yen ($4.1 million) from the proceeds—about 7% of total funds raised—for direct Bitcoin purchases, marking its first institutional treasury BTC investment since the name change. Management stated the Bitcoin