Gate Crypto Flash News and Market Updates

According to CryptoQuant analyst Darkfost (PANews, July 24), traditional assets have become a major segment on crypto exchanges as traditional markets outperform crypto assets in recent months. Gate now allows trading in precious metals, commodities, stocks, indices and ETFs. Precious metals—gold and silver—have accumulated over $11 billion in trading volume since launch, far exceeding stocks ($8.4 billion), indices and ETFs ($1.2 billion), and other commodities ($494 million). Gold surged 115%

According to Iran's embassy in Cuba, the diplomatic mission posted a statement on X, criticizing statements and tweets made by former U.S. President Donald Trump. The embassy expressed that Trump's remarks have no value, stating they "could be used as toilet paper."

According to Notabene on July 23, Ripple has made a strategic investment in the compliance infrastructure provider to strengthen institutional stablecoin payments. RLUSD will be integrated into Notabene Flow, the company's business-to-business payments platform, enabling banks and regulated institutions to move stablecoins while verifying counterparties and meeting compliance requirements. Notabene's network spans over 2,300 institutions across 100+ jurisdictions and facilitates over $2 trillion

According to the IMF on July 24, artificial intelligence is reshaping core financial systems but could amplify market volatility and systemic risks. The organization warned that large-scale simultaneous use of AI models may trigger "AI herding effects," where machines based on similar data simultaneously adjust positions, potentially accelerating market swings and flash crash risks. The IMF highlighted three priority areas: strengthening governance of AI-driven trading and credit operations; enh

According to PANews, Phantom, a crypto wallet platform, has integrated Robinhood Chain on July 24. Users can access the integration by updating their app to the latest version.

According to Hyperinsight monitoring, a whale address starting with 0x511 remains defending its SKHX long position on July 24, with 4,034 contracts leveraged at 3x, averaging $1,622.6 per unit. The position is now worth $4.942 million and down 73.5% or $1.6034 million, making it the largest losing holder on the platform. The initial entry price was $1,898.5 on June 26, currently 55.1% above spot price. The position has persisted for 28 days, with the trader adding to the position four times at l

U.S. stock indices ended lower on Thursday as Middle East tensions and surging oil prices weighed on markets. The S&P 500 fell 1.2% to 7,408.30, the Nasdaq 100 slid 2% to 28,454.81, and the Dow Jones Industrial Average declined 1% to 51,711.65. Brent crude briefly topped $100 a barrel, with Treasury yields rising to their highest levels of the year as investors fretted over potential inflation and the Federal Reserve's interest-rate path. Alphabet shares dropped 6.7% on concerns about its elevat

According to Bank of America, the firm raised its price target on Nokia to $18.50 from $18, implying a 90% upside to the stock's last closing price after Q2 earnings. Nokia secured approximately €2.8 billion ($3.19 billion) in AI-related order intake during the quarter, substantially exceeding analyst expectations. The bank expects strong long-term demand for AI infrastructure will drive revenue growth, though manufacturing capacity constraints may delay order deliveries into 2027-2028.

According to reports, U.S. stock futures traded higher overnight Thursday as markets looked past renewed military tensions with Iran and rising oil prices, instead focusing on AI hyperscaler earnings. Nasdaq-100 futures gained 0.14%, S&P 500 futures rose 0.12%, and Dow futures were up 0.08% at 9:20 PM EDT. The overnight rebound came after U.S. stock markets fell sharply on Thursday, with the Nasdaq Composite declining 2.15%, the S&P 500 falling 1.21%, and the Dow dropping 0.97%, amid escalating

On Thursday, Tesla shares fell 16% this week, marking the stock's worst weekly performance in 2026, after the company reported Q2 adjusted earnings of $0.33 per share, missing Wall Street's $0.54 estimate. Revenue reached $28.24 billion, exceeding expectations, though rising AI and robotics spending pressured margins and pushed free cash flow negative. Meanwhile, CEO Elon Musk told The Economist he is "a big fan of the retail investors," describing them as "very insightful and have very long-ter

According to official statements, Nvidia and Amkor Technology entered into a multi-year strategic partnership with a $1.5 billion prepayment from Nvidia announced today after-hours to support advanced semiconductor packaging capacity expansion. AMKR stock surged 12% in after-hours trading, while NVDA slipped 0.4%. The deal centers on expanding Amkor's planned advanced packaging and testing facility in Arizona to strengthen domestic semiconductor supply chains and support next-generation AI hardw

According to the Pentagon, Oracle secured a Department of War Enterprise Software Agreement worth up to $6.99 billion over 10 years on Thursday, with the contract covering software deployed across U.S. military branches, intelligence community and Coast Guard. The initial award value is $3.31 billion over the first five-year period, with an unexercised option to increase total value to $6.99 billion. The contract is projected to generate at least $441 million in taxpayer savings over its lifetim

The National Highway Traffic Safety Administration (NHTSA) announced on Thursday that it has granted a petition to create a new Federal Motor Vehicle Safety Standard mandating robust and obvious exit systems in all motor vehicles. The move follows a probe into approximately 174,000 Tesla Model Y vehicles over concerns that electronic door handles may become inoperative due to low battery voltage. NHTSA noted nine incidents where customers were unable to open Model Y doors, with the most common s

According to Alphabet's latest quarterly report filed with the SEC, the company disclosed a $94.1 billion investment in SpaceX as of June 30. Roughly $80 billion of those shares face short-term sales restrictions, while another $14.1 billion cannot be sold until late 2027. The position implies a roughly 6% stake in SpaceX based on the company's market cap. Alphabet is not alone among Mag-7 companies holding SpaceX equity. Tesla reported a $1 billion mark-to-market gain on its SpaceX holdings dur

On Thursday, shares of SpaceX (SPCX), Oracle Corp. (ORCL), and QuantumScape Corp. (QS) fell to 52-week lows amid a broader tech market selloff. SPCX declined to an all-time low of $110.85, dropping below its $135 IPO price as post-debut enthusiasm faded. ORCL slid to $119.44, its lowest level in over two years, on growing concerns about aggressive AI infrastructure spending and rising debt amid announced $95 billion capex plans for fiscal 2027. QS shares tumbled to $4.97 following Q2 results, wi

According to HKEJ, on July 24, Hong Kong local bank stocks surged amid rising expectations for U.S. interest rate hikes. Dah Sing Group rose over 7%, while Bank of China Hong Kong climbed 4.7%. The gains reflect expectations that higher rates will expand bank net interest margins. CME FedWatch data showed the market pricing in approximately 80% probability of a Federal Reserve rate hike in September, up from 68% on Wednesday.

According to BIT's On Target weekly report, U.S. federal government debt has approached $39.7 trillion, with Treasury yields rising to around 5%. Japan is potentially reducing U.S. Treasury holdings due to domestic inflation pressures and rapid yen depreciation, while China is diversifying its foreign exchange reserves by decreasing Treasury allocations and increasing gold reserves. Bitcoin is currently trading at approximately $66,505, showing high positive correlation with U.S. government debt

According to MarketWatch, JPMorgan strategist Jason Hunter warned that the artificial intelligence sector is experiencing market divergence similar to the dot-com bubble period. The Magnificent Seven ETF has gained only 1.5% year-to-date, while the Philadelphia Semiconductor Index has surged over 70%, reflecting a shift where AI-investing companies face selling pressure while chip suppliers thrive. Hunter cautioned that if mega-cap cloud service providers fail to break key technical resistance l

According to Ortex, SpaceX shares have plunged to $118.25 on July 23, down from the $135 IPO price set in mid-June, with short-sellers accumulating $15.5 billion in unrealized profits. The stock surged to a peak of $225.64 on June 16 before retreating nearly 50 percent. Ortex co-founder Peter Hillerberg noted that short positions have not closed and are expanding instead, with approximately 360 million shares borrowed for short selling, representing 56 percent of float. Additionally, insider loc

According to South Korea's Finance Ministry, the country's foreign direct investment (FDI) to the U.S. reached $10.2 billion in the first quarter of 2026, more than doubling year-over-year and marking a five-year high. Samsung Electronics and SK Hynix, among other AI infrastructure beneficiaries, are accelerating expansion in the U.S. AI sector, with Samsung participating in funding rounds for AI cooling company ZutaCore and AI chip firm Groq, while SK Hynix plans to invest $10 billion in U.S. i