Gate Crypto Flash News and Market Updates

According to the Citi/YouGov survey released on July 28, British households' one-year-ahead inflation expectations fell to 3.4% from 3.8% in June. Long-term expectations, measured over a five-year horizon, declined to 3.7% from 3.9%. The Bank of England is scheduled to announce its interest rate decision on July 30 or July 31.

On July 27, a state-backed Chinese firm began manufacturing domestically developed immersion deep ultraviolet (DUV) lithography machines, the critical tools used to etch patterns onto semiconductor wafers. The initial production run targets roughly five machines in 2026, scaling to approximately twenty in 2027, compared to ASML's projected output of around 130 DUV units in 2026. The first shipments are earmarked for China's largest chipmakers, including SMIC, Hua Hong Semiconductor, and ChangXin

On July 15, Ankr launched Forge, a rewards platform that ties incentives to actual infrastructure revenue rather than token emissions. Users convert $ANKR holdings and complete on-chain missions to earn Forge Points, which determine allocations in periodic Forge Drops and unlock eligibility for token generation events from partner projects. Ankr processes over 1 trillion RPC requests monthly across 80+ supported blockchains, with that infrastructure revenue directly funding the rewards program.

Dina Boluarte took the oath of office on July 28 as Peru's president in Lima, with her term set to run through July 2031. During the ceremony, she identified addressing El Niño phenomenon and improving public security as two national emergencies for her administration, while pledging to accelerate infrastructure development and advance reforms in youth employment, education, and social safety net programs.

Hyperscale Data, the AI data center company trading on NYSE American under ticker GPUS, recently purchased an additional 18.59 Bitcoin, bringing its total holdings to 1,106.04 BTC worth approximately $70 million. The company has accumulated this position through a combination of open-market purchases and Bitcoin mining outputs over the past 18 months, with Executive Chairman Milton "Todd" Ault III positioning Bitcoin as a core treasury asset to support the company's AI infrastructure and broader

The U.S. API will release its crude oil inventory data for the week ending July 24 within the next 10 minutes.

Morgan Stanley Investment Management launched Ether and Solana exchange-traded products in July, expanding its crypto fund lineup. The Morgan Stanley Ethereum Trust (MSSE) and Morgan Stanley Solana Trust (MSOL) track ETH and SOL performance respectively, using CoinDesk benchmark settlement rates. Both funds carry a 0.14% expense ratio and will stake a portion of holdings, with rewards passed to investors. Morgan Stanley confirmed it will retain no staking rewards from either fund.

Bloom Energy reported Q2 adjusted EPS of $0.78 on July 28, 2026, beating analyst estimates of $0.40. Q2 revenue reached $1.07 billion, exceeding consensus expectations of $838.7 million. The company raised its full-year revenue guidance to $3.9 billion to $4.2 billion from the previous estimate of $3.4 billion to $3.8 billion.

According to BlockBeats, on July 29, Seagate Technology posted Q4 revenue of $3.63 billion, exceeding the market expectation of $3.49 billion. Adjusted earnings per share (EPS) came in at $5.71, above the consensus estimate of $5.08. The stock rose 5.44% in afterhours trading.

According to KWCH, a physics teacher at Emporia High School was arrested and removed from a city commission meeting earlier this month after clapping in support of opponents of a proposed 1,000-acre Flint Hills Digital Campus. Lux Claridge was handcuffed after applauding a speaker criticizing the AI data center project, which the city had warned could be deemed disruptive. After posting bail, Claridge told KWCH he plans to plead not guilty in September. The arrest reflects broader nationwide opp

Visa reported third-quarter net revenue of $11.6 billion, exceeding analyst expectations of $11.4 billion. Adjusted earnings per share (EPS) reached $3.32, surpassing the analyst consensus of $3.23.

Enphase reported second-quarter revenue of $291.9 million, slightly below analyst expectations of $292.1 million. Capital expenditure for Q2 came in at $14.4 million, exceeding the forecasted $14.1 million.

According to Fox Business, Americas CUs and a 50-state credit union coalition recently supported the majority of the Clarity Act's provisions while raising concerns about stablecoin yield conditions. The groups urged senators to strengthen language in the Tillis-Alsobrooks compromise, warning that current terms could allow "functionally passive" reward structures that might cause deposits to flow away from local credit unions.

On July 28, the Dow Jones Industrial Average closed up 537.45 points (1.03%) to 52,747.53, while the S&P 500 rose 16.01 points (0.22%) to 7,429.19. The Nasdaq Composite fell 55.17 points (0.22%) to 24,876.91.

According to CME FedWatch, the Federal Reserve announces its rate decision on Wednesday, July 29, with markets pricing a 31.5% probability of a rate hike and 68.5% odds of holding rates steady. Bitcoin (BTC) has drifted lower ahead of the announcement, trading near $63,683, down 1.87% over 24 hours.

According to BlockBeats, on Tuesday, July 29, storage stocks fell sharply on the back of market weakness. Sandisk (SNDK.O) dropped 14%, erasing over 50% of its value from a high hit about one month ago. Micron Technology (MU.O) fell 8.85% and SK Hynix (SKHY.O) declined 8.98%. The broader market was mixed, with the Dow Jones Index gaining 1%, the S&P 500 rising 0.2%, and the Nasdaq declining 0.2%.

Skyworks Solutions reported third-quarter revenue of $935 million, surpassing analyst expectations of $924.9 million. Adjusted earnings per share came in at $1.08, exceeding the consensus estimate of $1.03. The company guided fourth-quarter revenue to $1.01 billion to $1.06 billion, with analysts expecting $1.03 billion.

On July 28, U.S. storage chip stocks dropped 9.1% in preliminary trading, with the Philadelphia Semiconductor Index declining 4.4%. The Nasdaq-100 Index fell 1%, while the S&P 500 Index rose 0.2%. Among Nasdaq-100 components, SanDisk led declines with a 13.8% drop, followed by Nebius Group at 10.5% and Seagate Technology at 9.1%.

According to WSJ, on July 29, the Trump administration proposed exempting commercial space companies from certain environmental review processes to accelerate commercial rocket launch approvals. The policy is expected to benefit multiple companies including SpaceX, Rocket Lab, Blue Origin, and Stoke Space, potentially shortening their launch approval timelines as the U.S. anticipates over 500 commercial aerospace launches annually.

According to BIT (bit.com), on July 29, SpaceX rose over 3% to near $117 per share, with market capitalization recovering to $1.54 trillion.