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
17:23

Ethereum Falls 1.53% to $1,890 on Wednesday as Fed Rate Decision Looms

According to Decrypt, Ethereum fell 1.53% to $1,890 on Wednesday (July 29), retreating from a session high of $1,926 as traders paused ahead of the Federal Reserve's rate decision. Spot ETH ETFs attracted $14.53 million in inflows today, extending three consecutive weeks of net positive flows totaling $71.17 million through July 28, according to SosoValue.
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ETH-1.60%
17:20

Binance Launches Regulated Gold, Silver Options Through ADGM Exchange

Binance has launched USDT-settled options on gold and silver through Nest Exchange Limited, its Abu Dhabi Global Market-regulated exchange. Retail users can only buy options, while eligible institutional users and liquidity providers can also write contracts, allowing them to collect premiums. The options launch builds on Binance's gold and silver perpetual futures, introduced in January, as the exchange expands regulated access to traditional assets through crypto-native trading products.
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17:14

Micron Falls 40% From 52-Week High; Fundstrat's Lee Says AI Stocks Could Stabilize After Fed Decision on Wednesday

According to Tom Lee of Fundstrat, Micron Technology and other AI infrastructure stocks could find support following Wednesday's Federal Reserve policy decision, as a significant sell-off has already priced in investor pessimism. Micron shares have declined approximately 40% from their 52-week high of $1,255 reached on June 25, 2026, and dropped over 33% in the past month. Lee argued that the stock now trades at a meaningful discount to historical valuations, suggesting much of the market's conc
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17:13

U.S. Treasury Yields Surge as Trump Vows Hard Response on Iran; Market Awaits Fed Signal Wednesday

According to Jin10, U.S. equity markets opened lower Wednesday (July 30) following Trump's statement to Fox News that the U.S. will take strong action against Iran in response to attacks in the Middle East. Oil prices surged on the remarks, pressuring Treasury yields higher. The 10-year yield rose to 4.62%, nearing year-to-date highs, while the more Fed-sensitive 2-year yield climbed roughly 3 basis points to 4.3%. Traders are awaiting signals from Fed Chair Powell on whether the price surge is
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17:11

Hedge Fund Millennium Management Plans to Raise Record $20 Billion This Year

According to Bloomberg, Millennium Management is in talks with investors to raise a record $20 billion in funding this year to strengthen its position in the growing multi-strategy hedge fund industry. The funds will be raised in two tranches, according to an anonymous source familiar with the matter. The fund, which manages approximately $92 billion in assets and operates over 340 teams, is also exploring additional partnerships to allocate capital to external managers, similar to its collabora
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17:09

Bank of Russia Publishes New Cryptocurrency Trading Rules on July 28

According to the Bank of Russia, the country's central bank released draft regulations for cryptocurrency trading on Monday, July 28. The new rules add the term "digital currency" to the central bank's "organized trading" framework, establishing requirements for crypto exchanges and similar organizations. Exchanges must now report digital assets into their existing systems for pricing, monitoring, and reporting, using the same processes applied to regular currencies and securities.
17:09

American Bankers Association CEO Backs Clarity Act, Seeks Edits to 600-Page Bill on Wednesday

According to CNBC on Wednesday, Rob Nichols, CEO of the American Bankers Association, said the banking lobby supports the Clarity Act but needs small edits to address concerns around stablecoins and local lending. "The bill is about 600 pages and there's only two paragraphs where we're suggesting tiny surgical edits," Nichols said. He added that crypto and banking sectors can coexist, stating, "I think we can be the crypto capital of the world and the banking capital of the world."
17:09

UBS: Fed's Communication Assessment May Shape Rate Market Volatility

According to UBS chief investment office on July 30, the Federal Reserve's communication assessment led by Chair Powell may become one of his most impactful initiatives since taking office and could trigger rate market volatility. UBS noted that the Fed's previous dot plot has helped "anchor" market expectations in the short term, and forward guidance over the past two decades has reduced market volatility. Powell announced in June plans to establish a task force to review key operational areas
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17:09

DCG Backs Clarity Act, Warns U.S. Risks Losing Tech Talent to Singapore, UAE

Digital Currency Group released a statement Wednesday supporting the Clarity Act, calling the current draft "exactly the kind of certainty our industry needs to grow and thrive responsibly." The conglomerate warned that the U.S. is "ceding ground at an alarming pace" to countries like Singapore and the United Arab Emirates, adding that talent, capital, and innovative companies are relocating overseas. DCG, which manages over 200 portfolio companies including Grayscale, joins major institutions b
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17:09

Core Scientific Adds 301 Bitcoin to Treasury in Q2, Reaches 848 BTC as Revenue Surges to $164.2M

According to a regulatory filing on Tuesday, Core Scientific increased its Bitcoin holdings to 848 BTC in Q2 2026, accumulating 301 coins during the quarter. The Nasdaq-listed miner, which ended 2025 with 2,537 BTC before aggressively selling to fund AI infrastructure expansion, reported Q2 revenue surged to $164.2 million from $78.6 million in Q2 2025, with gross profit reaching $70 million compared to $5 million year-over-year. The company also signed a deal with chipmaker AMD, gaining access
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BTC-0.35%
17:09

Sberbank Sets December Deadline for Crypto Infrastructure Buildout: Interfax

According to Russian news agency Interfax, Russia's largest bank Sberbank plans to build crypto infrastructure by December, including a digital depository that tracks clients' crypto rights and handles wallet transfers. First Deputy Chairman Alexander Vedyakhin said regulators and the market still need to draft numerous implementing regulations covering depository accounting, licensing for intermediaries, and that Sberbank is ready to share expertise in the process. The move aligns with the Stat
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