Gate Crypto Flash News and Market Updates

Dogecoin co-founder Billy Markus recalled purchasing a ride in The Boring Company's Vegas Loop using Dogecoin, stating it was his favorite cryptocurrency experience. Posting as Shibetoshi Nakamoto on X in response to a query from crypto retirement platform iTrustCapital, Markus referenced The Boring Company's 2022 decision to accept DOGE through BitPay, when a single ride cost about $1.50 and a day pass cost $2.50.

Ukraine's Prime Minister announced today the government will allocate 70 million Ukrainian hryvnias from the reserve fund to strengthen anti-drone protection on streets and roads in Sumy region.

According to CCTV, Romania's Constanza port passenger terminal received a bomb threat on July 29, prompting immediate evacuation of personnel from the affected area. The port has implemented access restrictions, and police, firefighters, and emergency responders arrived on scene to conduct a full investigation.

According to Iranian military official cited by Fars News, Iran's military announced on July 29 that the Strait of Hormuz remains completely closed to all vessels. Any ships attempting to pass through, particularly those ignoring warnings, will face swift and decisive response.

According to Iran's state television, the U.S. carried out airstrikes on the border area of Piranshahr in Iran's West Azerbaijan Province on the afternoon of July 29.

According to MoneyDJ, Hong Kong's Hang Seng Index rose 1.96% to close at 25,807.92 points on July 29, marking the fifth consecutive day of gains. The Hang Seng Tech Index climbed 2.84% to 4,864.73 points. Tech and automotive stocks led the market rally, with Tencent, Alibaba, and Ideal Auto among the gainers.

According to Morningstar analyst William Kerwin, SanDisk (SNDK) shares rose 1.6% in premarket trading on Wednesday (July 29) after falling over 35% this week. Kerwin expects AI infrastructure spending to sustain NAND memory demand and elevated pricing through the next few years, forecasting SanDisk's revenue will grow at a 27% compound annual rate through fiscal 2030, with gross margins exceeding 80% in fiscal 2027. However, the analyst cautioned that the current NAND pricing cycle would peak ar

According to ChainCatcher, GlobalFoundries surged over 16% in U.S. premarket trading today after the U.S. government announced a $300 million subsidy for the chipmaker.

According to Jin10, New Zealand's government approved a 12-year offshore oil and gas exploration license in the Taranaki Basin on July 29, marking the first permit granted since lifting its ban on new fossil fuel exploration last year. Resource Minister Shane Jones called the decision an "important milestone" for the nation's energy sector, stating the government is "opening doors to commercial investment." He emphasized that new exploration is crucial to meet New Zealand's future energy demand

According to e27, Singapore's Monetary Authority (MAS) and Association of Banks Singapore (ABS) established the AI-Driven Cyber and Technology (ACT) Risk Working Group in May 2026, bringing together major financial institutions including DBS, OCBC, UOB, Singapore Exchange, NETS, and BCS. The working group focuses on three key areas: facilitating industry-wide AI cybersecurity experience sharing, conducting proof-of-concept testing of AI defense tools to enhance institutional capabilities, and de

According to Forbes, Obsbot unveiled its first foldable 4K webcam, the Meet Flip, featuring a 0.5-inch Sony Exmor RS stacked CMOS sensor and the company's proprietary AI algorithms for enhanced video processing.

According to Patrick Hansen, Circle's EU policy chief, only 3 of the world's top 50 stablecoins—USDC, USDG, and EURC—currently comply with the EU's Markets in Crypto-Assets Regulation (MiCA). Meanwhile, approximately 35 electronic money tokens from 21 institutions have received certification under the framework. Hansen argues that MiCA should establish recognition mechanisms for compliant foreign stablecoins to attract global issuers, rather than forcing local issuance as the only path to market

According to K33 Research, Bitcoin's July daily average spot trading volume reached approximately $2.2 billion on July 29, marking its lowest level since November 2023. Over the past week, BTC traded in a narrow range between $60,000 and $66,000, while CME futures open interest approached multi-year lows and perpetual futures open interest remained stalled at roughly 300,000 BTC.

According to Israeli media outlets including The Jerusalem Post, on July 29, Israel has informed mediators it will refuse further military withdrawals from southern Lebanon at upcoming Rome negotiations next week. The core Israeli demand centers on maintaining "freedom of action"—the right to re-enter areas already transferred to Lebanese government forces if deemed necessary. Israeli officials stated that without agreement on this condition, Israel will not consent to withdraw from additional t

According to Malaysian Prime Minister Anwar Ibrahim, on July 28, Malaysia announced a national AI initiative to enhance citizens' understanding and application of artificial intelligence. The government will provide AI courses to specific age groups of youth to accelerate the country's AI industry development and digital transformation.

According to Safe Ecosystem Foundation's Q2 2026 report released on July 29, Safe smart accounts processed nearly 130 million transactions in Q2, marking the highest quarterly total to date and a 5.7 percent increase from Q1. Safenet Beta, which launched on April 2, closed its first quarter with 54.8 million SAFE staked across 539 stakers and had verified over 500,000 Safe transactions by July 29. Monthly active accounts reached 2.73 million in June, while total Safe accounts climbed to 63.4 mil

According to Foresight News, Arcus DEX has integrated Fun's payment infrastructure to enable deposits and withdrawals. Users can now fund accounts via bank cards, bank transfers, on-chain crypto assets, or directly from exchanges like Coinbase. All funds are automatically converted and cross-chain bridged to USDG within Arcus accounts. Local currency conversions incur no spreads, and both USDG deposits and withdrawals are fee-free. Fun does not custody user funds; assets transfer directly betwee

According to Bitget, the CFD trading page now supports TradingView chart functionality to meet users' professional analysis needs. Users accessing the CFD section will see TradingView charts by default without requiring external navigation. The upgrade includes multi-window display capabilities, allowing simultaneous viewing of multiple CFD instruments. The platform has integrated technical indicators including MACD, EMA crossover, and Ichimoku Cloud, along with advanced chart types such as line

According to Hyperinsight monitoring, a whale (0x927) opened a large short position overnight on July 29, ahead of the Federal Reserve's FOMC rate decision scheduled for July 30 at 2 a.m. Beijing time. The whale is shorting 3,250 contracts of SP500 with 41x leverage, with a total position value of approximately $24.2 million at an average entry price of $7,410.7. The position is currently down about $117,000, with a liquidation price at $7,516.9. Historical trading records show the whale has ach

According to Hong Kong Exchange disclosures on July 29, Guangdong Yueshi Digital (粤十数智) submitted its IPO application to the HKEx main board for the second time, with Shenwan Hongyuan Hong Kong as its sole sponsor. The technology-driven company specializes in cold-chain agricultural product sales and cold-chain digital solutions. According to Frost & Sullivan, it ranked sixth in China's cold-chain digital agricultural product sales market in 2025 with a 1.0% market share, and placed in the top 1