Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
12:47

Jim Cramer Calls Market 'Miserable' as WTI Jumps 9.4% to $78.14 on July 21

According to CNBC, Jim Cramer called the market "miserable" on July 21 as President Trump's reinstatement of a Strait of Hormuz blockade drove WTI crude up 9.4% to $78.14 a barrel. The blockade, which affects roughly one-fifth of global oil transport, triggered sharp volatility across equity markets. Monetary policy added further pressure, with the Federal Reserve maintaining its target rate at 3.50%-3.75% and roughly half of Fed officials now signaling openness to a rate increase before year-en
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BTC2.82%
12:46

SEC Targets July for Regulation Crypto Assets Proposal With $75M Annual Fundraising Cap

According to SEC Chair Paul Atkins' March 17 speech and recent SEC actions, the Commission is targeting July 2026 to publish its first crypto-specific rule proposal, Regulation Crypto Assets, which was added to the SEC's rulemaking agenda on July 7. The roughly 400-page draft has been pending at the White House Office of Information and Regulatory Affairs since March 20. The framework proposes a new regulatory route allowing qualifying projects to raise up to $75 million annually without using a
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12:45

Bitcoin Rebounds to $66K on July 21, Crypto Options IV Stays Below 40%

According to BlockBeats citing Greeks.live, Bitcoin rebounded to $66,000 on July 21, marking a two-month high and re-entering the trading range established earlier this year. Implied volatility (IV) across major contract tenors has remained stable, with 2026 IV figures staying below 40% year-to-date, indicating investors have adapted to the persistently low volatility environment in the crypto options market.
BTC2.82%
12:45

Hyundai Motor Stock Plunges 50% to 400,000 Won as Supply Disruption and Strike Risks Mount

According to Herald Economics, Hyundai Motor's stock has crashed to approximately 400,000 won from near 800,000 won in recent trading, marking a 50% decline. The sharp sell-off stems from mass foreign investor withdrawals, production disruptions caused by a component supplier fire, and emerging labor strike risks. Securities firms have subsequently downgraded the automaker's outlook, citing compounded headwinds across supply chain and labor fronts.
12:43

U.S. Continues Strikes on Iran for 10th Straight Night as Trump Vows Retaliation

According to CNBC, the U.S. continued strikes on Iran for a 10th straight night on July 20 after President Trump promised retaliation for American service member deaths in the conflict. Iran's Islamic Revolutionary Guard Corps claimed it struck Amazon infrastructure in Bahrain with missiles, though CNBC could not independently verify the assertion. Houthi allies announced a maritime embargo against Saudi Arabia on July 20, a move that could worsen oil supply disruptions in the Strait of Hormuz c
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12:42

Binance Delists Seven Spot Trading Pairs, Effective July 24

According to Binance, seven spot trading pairs will be delisted from its platform effective July 24, 2026, at 06:00. The affected pairs are ACX/USDC, ALGO/BTC, CVC/USDC, LPT/USDC, ONG/BTC, RVN/USDC, and XRP/BNB. The exchange noted that while these specific pairs will be removed, users can continue trading the underlying assets (ACX, ALGO, CVC, LPT, ONG, RVN, XRP) through other supported trading pairs on Binance Spot. Binance's Spot Trading Bots service will also be terminated on the same date an
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USDC-0.02%
ALGO2.70%
BTC2.82%
LPT2.81%
RVN2.88%
12:41

Midnight Foundation Partners With 6 Exchanges to Restrict $515M Stolen NIGHT Tokens

According to Foresight News, Midnight Foundation announced on July 21 that it has coordinated with six major exchanges—KuCoin, Kraken, Binance, Bybit, OKX, and MEXC—to restrict the flow of stolen assets. The exchanges have implemented preventive measures including freezing accounts and addresses linked to the attack, blacklisting wallets associated with the attacker, and temporarily suspending NIGHT deposits and withdrawals where appropriate. The stolen assets stem from an attack on Wanchain's C
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ADA6.72%
12:37

Hang Seng Index Futures Fall 93 Points to 25,061 in Evening Trading

Hang Seng Index futures declined in night trading, reporting 25,061 points at approximately 8:32 p.m. on July 21, down 93 points or 0.37%, trading at a 71-point discount. Trading volume reached 4,183 contracts. The Hang Seng China Enterprises Index futures stood at 8,329 points, down 36 points or 0.43%, with 3,871 contracts traded.
12:34

Only 7.1% of Tokens Launched Since 2024 Remain Profitable

Gate News message, recent data shows that among 113 projects with a market capitalization above $100M launched since 2024, only 8 tokens are trading above their TGE price, while 105 tokens are trading below their initial offering price. The statistics reveal that 7.1% of newly launched tokens maintain profitability.
12:34

India's ED Raids Crypto OTC Fraud Operation Targeting Foreign Investors, Seizes $35M in Assets

According to ChainCatcher, India's Enforcement Directorate (ED) Bangalore division conducted raids on July 18-19 into a virtual asset over-the-counter fraud targeting foreign investors under provisions of the Prevention of Money Laundering Act (PMLA). The criminal network promoted discounted tokens including MultiversX, Kava, BEAM, GRASS, SUI, VANA, and AGLD through social media channels to lure foreign investors. The total case value is approximately $35 million, initially reported by a Dutch e
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EGLD-1.57%
KAVA0.19%
GRASS2.22%
SUI1.89%
VANA2.79%
12:32

Gate Launches Event Contracts for BTC/ETH, Offers $50,000 in Rewards on July 21

According to Gate's official announcement, on July 21, 2026 at 10:00 UTC+8, Gate launched Event Contracts, a lightweight trading product focused on short-term BTC and ETH price predictions. The product requires no leverage or margin, carries zero liquidation risk, and allows participation with a minimum of 1.5 USDT. Simultaneously, Gate introduced the Event Contracts inaugural celebration campaign, distributing $50,000 in total rewards through three incentive tiers: first-loss compensation for t
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12:31

Beijing Plans Token Economy Development, Targets 50,000P Computing Power Addition in H2 2026

According to Beijing's Information Technology and Economics Bureau, announced on July 21, the city will formulate Token economy development policies and establish Token factories and distribution platforms to drive innovation in industrial, educational, and cultural tourism sectors. The bureau aims to add 50,000P of computing power in the second half of 2026, bringing total computing capacity to 130,000P by year-end. In the first half of 2026, Beijing's digital economy output grew 7.8% year-over
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12:31

Beijing Launches AI+ Action Plan, Introduces Embodied Intelligence Support Policies for H2 2026

On July 21, the Beijing Economic and Information Commission announced it will deepen implementation of its 'AI+' action plan in the second half of 2026 to accelerate digital economy development. The city will introduce specialized support policies for embodied AI enterprises, providing computing power and dataset resources to accelerate core technology iterations including embodied large models and motion control. The initiatives also cover AI applications across industrial optimization, medical
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12:31

Fidelity Expands Institutional SMA Product Line With 8 New Customized and Model Strategies

According to Odaily, Fidelity Investments announced the expansion of its institutional Separately Managed Account (SMA) product line, introducing 6 customized strategies and 2 model strategies for registered investment advisors (RIAs) and broker-dealer clients. The new offerings include Fidelity Institutional Tax-Managed Enhanced Equity and Tax-Managed Fundamental Equity strategies, covering large-cap core, growth, and value investment approaches. Since launching its institutional custom SMA pro
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