Gate Crypto Flash News and Market Updates

According to BlockBeats, on July 18, Polymarket lowered the probability of the CLARITY Act passing by year-end 2026 to 32%, marking a historic low since the prediction market launched in January. The odds have dropped approximately 30 percentage points from their launch level and fallen sharply from a high of 82% in February, as the Senate legislative schedule tightens and bipartisan support remains elusive. The primary obstacle is disagreement over ethical provisions regarding government offici

According to Caixin, Jingdong Health's AI doctor 'Dawei' and its evidence-based medical AI product 'Jingdong Zhiyi' debuted at the 2026 World Artificial Intelligence Conference (WAIC) on July 17 in Shanghai. 'Dawei' recorded over 98% user satisfaction, with its total active users in the first three months of 2026 already surpassing the full-year 2025 total.

According to Xinhua, Thai Prime Minister Anuthin arrived in Chengdu on July 18 to continue his official visit to China, which runs through July 20. This marks his first formal visit to China since taking office. On July 17, Anuthin attended the 2026 World Artificial Intelligence Conference and Global AI Governance Summit in Shanghai.

According to JPMorgan Chase analysis, Strategy-linked leveraged ETF has maintained positive inflows over the past seven consecutive weeks, in contrast to spot Bitcoin ETF flows that turned negative this week. JPMorgan attributes the buying pressure primarily to retail investors, noting this could provide price support for Strategy and help maintain its common stock above the net asset value of Bitcoin held by the company.

According to Dune, pons.family led token launches on Robinhood Chain on July 16 with 11,547 new tokens, followed by flap.sh with 9,935 and hood.fun with 6,471. The platform saw a total of 42,709 new tokens launched daily. By trading volume as of July 15, noxa.fun maintained a 43.0% market share among Robinhood Chain launch platforms, with pons.family at 37.4%, flap.sh at 5.8%, clanker.world at 3.3%, and bankr.bot at 2.3%.

According to Korea Exchange data released on July 18, large-cap semiconductor stocks including Samsung Electronics and SK Hynix experienced sharp declines, prompting a significant reallocation of capital toward mid-cap stocks. The Kospi large-cap index fell 20.6% through July 16 as funds previously concentrated in major semiconductor players shifted to theme stocks and earnings-improving sectors. Mid-cap stocks emerged as a relative safe haven for retail investors amid the semiconductor downturn

According to Korea Exchange, on July 18, South Korea's National Pension Fund resumed net buying of 10.07 billion won this week (July 13-16) on the Kospi market, marking two consecutive weeks of net purchases. The fund had halted a two-month selling streak and shifted focus to acquiring large-cap semiconductor stocks including Samsung and Nix at lower valuations during recent market weakness.

According to reports monitored by Beating, Elon Musk announced that SpaceX AI's next large language model with 2 trillion parameters will complete initial training next week. The model is designed to surpass Kimi K3 while maintaining speed and token efficiency comparable to Grok 4.5. Performance testing by Artificial Analysis shows Kimi K3 and Grok 4.5 have intelligence scores of 57 and 54 respectively.

According to ETF Check, over the past month through July 16, inverse ETFs tracking market declines posted top returns as South Korea's main index fell sharply. Amid the downturn, retail investors purchased SK Hynix and Samsung Electronics leverage ETFs worth 2.5 trillion won, betting on a market rebound despite the ongoing decline.

At 2026 WAIC, NetEase SmartBiz showcased enterprise-grade AI capabilities, according to Yicai Global. The company's proprietary ClawHive Agent orchestration platform supports deployment across 200+ job-specific skill packages. In software development, its CodeWaveSDD AI Coding platform parses product requirements documents and applies specification constraints to AI-generated code, enhancing development efficiency. The showcase also included AI customer service, private domain assistants, and in

U.S. stock indexes fell sharply on Friday as Netflix's mixed second-quarter results and downbeat guidance weighed on the tech sector. The S&P 500 declined 1.01%, the Nasdaq-100 dropped 1.49%, and the Dow Jones Industrial Average fell 0.77%. Netflix shares tumbled over 7% after reporting revenue of $12.56 billion below estimates, though earnings per share of $0.80 beat expectations. The company's softer Q3 guidance and announcement to reduce engagement data releases starting in 2027 sparked conce

According to the Wall Street Journal, SpaceX is reportedly in talks with the Pentagon to supply data-center capacity for running AI models, with a potential contract value reaching several billion dollars. The arrangement would provide the U.S. Department of Defense additional computing resources for AI applications across the National Security Agency and military operations. Amazon, Microsoft, Google, and Oracle already provide similar capacity to the Pentagon.

According to Gary Black, Future Fund Managing Director, SpaceX stock (SPCX) fell 5.43% to $123.60 on Friday, validating his concerns over the company's valuation and IPO structure. The stock is now down 9% from its $135 IPO price and 45% from its all-time intraday high of $225.64. Black stated the stock still trades at "FY'2026 EV/Revs of 45x" and questioned the IPO's design, which he said created a supply-demand imbalance with $85 billion IPO proceeds but free float under $100 billion, inflatin

According to Michael Burry's Substack post on Friday (July 17), the 'Big Short' investor increased his December 2026 Nvidia put position struck in the low $100s, citing high valuation and margin and earnings risks over the next five years. He trimmed his Oracle puts by half, calling the position "too big," while maintaining short exposure by retaining the remaining half. Burry also added to his DraftKings position in the $25 range, stating that his core investment thesis remains unchanged.

According to on-chain analyst Ai Yi, a whale withdrew 100 WBTC from Binance in the past 11 hours, equivalent to $6.372 million. The whale has accumulated a total of 49,400 ETH and 400 WBTC since July, with a combined value exceeding $109 million. Current unrealized profits stand at $7.195 million.

According to on-chain analyst Ai Yi, an Ondo team-affiliated address (0xEA5...5e1) transferred 26.05 million ONDO tokens to Coinbase 11 hours ago, worth $9.79 million. The address had received 150 million ONDO from the Ondo team multisig wallet on June 23. The purpose of the transfer was not disclosed.

South Korea's government and ruling party aim to pass the Digital Assets Basic Law by year-end 2026, according to official statements. Following the Democratic Party's new leadership selection in August, a unified government-party bill is expected in September after consultations.

According to AI Technology Review, Zhipu AI has recently completed its acquisition of ZhongKeJiaHe, an AI heterogeneous computing software infrastructure company, for over 100 million RMB. The deal aims to strengthen Zhipu's capabilities in large language model engineering and compiler optimization to address inference bottlenecks amid surging user demand. ZhongKeJiaHe's core technology stems from the Chinese Academy of Sciences' compiler lab. Its virtual instruction set architecture unifies fra

According to Russian media on July 18, a logistics center in Russia's Tambov region came under attack from what officials described as an enemy drone strike, resulting in at least 7 deaths and 24 injuries.

According to Blockworks Research, on-chain consumption of tokenized trading cards reached $324 million in June 2026, marking a new high and representing a five-fold increase from approximately $50 million in June 2025. This surge occurred amid a 20% decline in Bitcoin to a 21-month low. Platforms like Collector Crypt and Courtyard enable users to deposit professionally graded physical Pokémon cards into vaults, receive corresponding NFTs, and purchase randomized card packs backed 1:1 by real car