Gate Crypto Flash News and Market Updates

According to KOSCOM ETF Check as of July 22, South Korean investors are increasingly turning to covered call ETFs as domestic stock markets experience sharp volatility swings. The products appeal to retail investors because they generate dividend income even during market downturns, with distributions potentially increasing as volatility rises.

According to Bloomberg data, U.S. 30-year Treasury yields have traded above 5% for 27 trading days year-to-date in 2026, marking the most since 2007, when yields remained above that level for 50 trading days. The sustained elevation represents about 19% of all trading days in 2026.

According to Bloomberg data, the 30-year U.S. Treasury yield has traded above 5% on 27 days in 2026, marking the most instances since 2007, when it occurred on 50 trading days. The elevated yields reflect investor concerns over expanding debt levels and persistent inflation.

President Trump said today that the United States has achieved victory in Iran and no longer needs the Strait of Hormuz. Trump added that Venezuela is cooperating with the U.S. on oil production.

According to Iranian media Fars News, Iranian forces attacked a U.S. military position in eastern Jordan today, local sources said.

SpaceX stock fell over 6.1% on July 22, hitting a daily low after gaining nearly 1% earlier in the session. The decline marks a reversal from the stock's earlier gains.

According to Bloomberg, the Bloomberg EV Index fell 0.74% to 3320.72 points at the close of New York trading on July 22. The index opened higher in the Asia-Pacific session but subsequently declined, stabilizing around 3320 points from Beijing time 13:16 onward.

On Wednesday (July 22), USD/JPY fell 0.02% to 163.14 yen at New York close, with an intraday trading range of 163.22-162.69 yen. The pair dropped sharply to 162.69 (daily low) at 15:30 Beijing time. EUR/JPY rose 0.08%, while GBP/JPY fell 0.05%.

On Wednesday, July 22, the ICE U.S. Dollar Index declined 0.04% to 101.130 in New York late trading, with the daily range spanning 101.198 to 101.020. Meanwhile, the Bloomberg Dollar Index fell 0.01% to 1219.62, trading between 1220.20 and 1218.35.

On Wednesday, July 22, during New York's closing session, the U.S. 2-year Treasury yield rose 4.27 basis points to 4.3042%, reaching an intraday high of 4.3084% at 22:28 Beijing time. The 10-year Treasury yield climbed 3.45 basis points to 4.6626%, while the 30-year yield advanced 2.20 basis points to 5.1532%.

According to the U.S. Treasury Department, the 20-year Treasury note auction held on July 22 resulted in a yield of 5.163%, up 23.6 basis points from the previous month's 4.927%. The offering amount was $13 billion. The bid-to-cover ratio fell to 2.64x from 2.75x the prior month, signaling weakening demand. Foreign investor participation declined to 69.1%, while dealers absorbed 14.7% of the offering, the highest since February.

According to CNN, the UK Foreign Office (FCDO) announced on July 23 that British diplomatic staff in Iran have been temporarily withdrawn due to changing security conditions. The FCDO stated that the British Embassy in Tehran will continue operating remotely to maintain ongoing diplomatic functions.

According to Bloomberg, all 76 surveyed economists expect the Federal Reserve to keep interest rates unchanged in the 3.5%-3.75% range at its July 28-29 meeting.

According to Bloomberg, traders show significant divergence on whether the Federal Reserve will raise rates by 25 basis points next week, with swap markets pricing a 30% probability of a hike and 70% odds of holding rates steady. Such a wide divergence so close to a rate decision is relatively rare in recent years. Fed Chair Kevin Powell has broken the previous practice of pre-signaling the central bank's next moves, making market expectations increasingly difficult to predict under his leadersh

According to Jin10 citing U.S. Department of Energy data, American refineries pushed diesel production to 5.3 million barrels per day this July, reversing seasonal patterns and reaching near-record levels. This marks the highest July diesel output on record and ranks among the highest monthly production outside winter heating season. Refineries typically peak production in December; however, this year's surge was accelerated by acute global supply shortages.

According to Bloomberg commodity data, on July 22 (Chicago time), CBOT wheat futures rose 4.17% to $7.0625 per bushel, while the Bloomberg Grain Index climbed 2.50% to 32.9953 points, approaching May highs. CBOT corn futures gained 1.89% to $4.8425 per bushel, and soybeans increased 1.27% to $12.3825 per bushel. Soybean meal and soybean oil also advanced, rising 1.71% and 1.54% respectively.

According to U.S. Central Command, American military forces conducting a maritime blockade against Iran forced nine commercial vessels to alter course and disabled one additional vessel in the Arabian Sea on July 22. The U.S. Navy destroyer continued to monitor operations throughout the region.

According to U.S. Central Command, on July 22, U.S. Navy missile destroyers operating in the Arabian Sea enforced a naval blockade against Iran and monitored related operations. The military has forced 9 merchant vessels to divert course and disabled 1 additional vessel as of the same date.

On Wednesday (July 22), the onshore Chinese yuan (CNY) weakened to 6.7750 per USD as of 3:00 AM Beijing time, down 85 points from Tuesday's close, with trading volume of 36.014 billion USD.

According to U.S. Department of Treasury data, in the latest biweekly report, investment funds purchased $29.103 billion in 10-year Treasury bonds maturing on May 15, 2036, while foreign investors purchased $5.788 billion in the same bonds.