Gate Crypto Flash News and Market Updates

According to the Kimi official website, the K3 model is now available to users, with two versions—K3·Max and K3 Cluster·Max—accessible after login. The company is expected to formally announce the rollout shortly.

According to an International Monetary Fund report, global factors explained 60-90% of UK government bond yield volatility during 2020-26. The IMF stated that September 2022 market turbulence in UK gilts marked a structural change in market vulnerability. "Policy credibility and predictability are key to restoring market confidence and reversing the effects of the September 2022 events," the IMF said.

According to Hedera, Lloyds Banking Group, Aberdeen, and digital asset exchange Archax completed the United Kingdom's first foreign exchange transactions backed by tokenized real-world assets as collateral on July 14. The pilot used tokenized shares of Aberdeen's money market fund and digitized UK government bonds on the Hedera blockchain, enabling near real-time collateral transfers and reducing settlement complexity. Archax, the UK's first FCA-regulated digital asset exchange, issued and trans

According to a report by Sen. Elizabeth Warren shared with CNBC on Thursday, the Trump administration's overhaul of the Consumer Financial Protection Bureau has cost Americans up to $26.5 billion. Warren attributed $15 billion to the CFPB's abandonment of a rule capping credit-card late fees at $8, and another $7.5 billion to the repeal of the overdraft fee rule that would have limited banks to charging $5 per overdraft. The remainder of roughly $4 billion comes from the agency's decision to dro

According to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), elevated mortgage rates over the past year combined with record-high median home prices have weighed on the real estate market, particularly impacting first-time homebuyers.

According to ChainCatcher, Andreessen Horowitz (a16z) announced an investment in Runta, an AI agent security startup. The investment amount was not disclosed. Runta develops infrastructure to help enterprises manage AI agents' permissions, security risks, and behavioral boundaries, preventing data leaks, operational errors, or financial losses during autonomous task execution.

According to the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was reported at 3.64% on July 15, up from 3.63% the previous day. The effective federal funds rate remained unchanged at 3.63%.

According to Baidu, on July 16, Baidu's robotaxi service Roboxi and Kazakhstan-based Turlov Private Holding Ltd. signed a strategic cooperation agreement in Shanghai. The two companies will jointly explore introducing autonomous vehicle ride-hailing services in Kazakhstan.

According to Fortune, Visa launched a stablecoin platform on July 16 to serve over 200 million merchants and 15,000 financial institutions. The platform integrates Visa's stablecoin services, enabling banks and fintech companies to embed stablecoins into existing payment and settlement systems. Visa annually settles approximately $15 trillion in payments and has already processed billions of dollars in stablecoin transactions. The platform will use Open Standard's OUSD as its strategic foundatio

According to BlockBeats, Sleepagotchi secured $6.5 million in funding on July 16 to launch its decentralized AI-powered health application. Investors include 6th Man Ventures, Collab+Currency, Sfermion, 1kx, Alliance, and GSR. The project has surpassed 2 million users and generated over $100,000 in revenue during a three-week testing period. The application processes health data locally using on-device AI and a decentralized multi-agent system, including sleep coaching, health coaching, nutritio

According to Reuters, the Ebola outbreak in the Democratic Republic of Congo (DRC) has killed approximately 800 people and is disrupting operations and negotiations related to a U.S.-backed mining partnership agreement. While current mining operations under the U.S.-DRC strategic partnership are not directly halted by isolation measures, logistics challenges and travel restrictions imposed to curb the outbreak have hindered staff mobility and delayed visits from suppliers, advisors, and investor

According to ChainCatcher, citing Coinglass data, if Bitcoin breaks $67,587, cumulative short liquidations across major CEX derivatives platforms would reach $1.245 billion. Conversely, if BTC falls below $61,263, cumulative long liquidations would hit $757 million.

According to Jin10 data, on July 16, Iran's ambassador to Germany criticized Europe's silence on U.S. threats to Iranian civilian infrastructure, warning that appeasement of Washington's aggression would ultimately backfire on European nations.

In June, the U.S. Pending Home Sales Index fell 5.4% month-over-month, significantly missing the consensus forecast of a 0.5% decline. The prior month's reading was also revised downward to 3.5% from 3.8%.

According to crypto researcher SMQKE, official Ripple documentation confirms that Ripple Payments supports SWIFT messaging interoperability as a core capability, enabling banks to integrate blockchain technology without abandoning existing systems. The documentation highlights Ripple's enterprise-focused approach, allowing financial institutions to continue using SWIFT messaging standards while leveraging Ripple's settlement infrastructure. As SWIFT connects over 11,000 financial institutions gl

According to Kpler data and sources familiar with the flows, Iraq's crude oil loadings more than doubled in the first half of July, reaching approximately 1.2 million barrels per day, compared with about 500,000 bpd in June. The increase comes after several months of restricted exports, with shipments accelerating from the southern port of Basra, Reuters reports.

The U.S. Existing Home Purchase Index declined 5.4% month-over-month in June, significantly underperforming the forecast of -0.5% and marking a reversal from the prior month's gain of 3.8%.

U.S. pending home sales climbed 2.3% year-on-year in June, outpacing the expected increase of 2% and prior month's 2.1% gain, according to data released on the National Association of Realtors index.

According to the Financial Times, the European Commission will outline proposals to revise banking regulations on Friday (July 18) in a competitiveness report. As part of broader regulatory reforms to strengthen banking competition, the EU plans to remove certain "Pillar 2" capital requirements related to leverage ratios. These rules currently allow national regulators to impose discretionary add-ons above the EU's 3% baseline leverage ratio requirement.

The U.S. National Association of Home Builders (NAHB) housing market index fell to 34 in July from 35 in June, below the expected forecast of 35.