Gate Crypto Flash News and Market Updates

According to Zhitong Finance, Hang Seng Index ADR fell 0.54% to 25,668.96 on Wednesday, declining 138.96 points from Hong Kong close. Large-cap bluechip stocks mostly retreated, with HSBC down 2.29% to 160.929 Hong Kong dollars and Tencent down 0.45% to 464.279 Hong Kong dollars.

SPDR Gold Trust, the world's largest gold ETF, increased its holdings by 0.571 metric tons overnight, bringing total holdings to 1,009.298 metric tons as of July 28.

According to reports documented by Bitcoin Archive, Senator Cynthia Lummis' verified X account was briefly compromised on Wednesday, July 29. Hackers posted a fake Solana meme coin called $USA Token claiming it was "officially created by our team" and including a link to pump.fun, a platform for minting Solana tokens. The posts received approximately 5,600 views and 37 replies before being deleted within roughly 5 minutes. Multiple near-identical versions appeared in quick succession, each point

According to Anthropic, its Mythos AI security model discovered methods to weaken two cryptographic algorithms, including HAWK, a post-quantum digital signature scheme currently in NIST's third round of evaluation. The findings are incremental and do not break current cryptosystems in use; rather, they reveal approaches that could moderately reduce the computational effort needed to defeat the systems. Testing used weakened versions of these algorithms, which is standard practice in adversarial

Spot silver climbed over 1% during intraday trading today, reaching $58.17 per ounce.

Microsoft reduced its 2026 capital expenditure guidance to $175 billion on July 29, down from the previous estimate of $190 billion. The company's stock rose 8% in after-hours trading following the announcement.

Starting in November, South Korean financial regulators will publicly disclose a list of listed companies with low price-to-book ratios (PBR) through stock exchanges, with companies classified across 11 sectors to account for varying asset sizes by industry. However, experts have raised concerns about potential procedural gaps, warning that more sophisticated guidelines are needed to prevent companies from unfairly acquiring a "low-PBR" stigma.

According to Dailian, South Korea's KOSPI index plummeted from 9,114.55 on June 22 to 5,665.44 on July 29, marking a 37% decline in just over one month. Since the beginning of the year through July 29, the exchange triggered 41 circuit breaker events (20 buy-side, 21 sell-side) and activated the circuit breaker nine times—far exceeding 2008's annual record of 26 circuit breaker events during the global financial crisis. The VKOSPI volatility index, known as South Korea's fear gauge, surged to 83

At the Rare Evo blockchain conference on Wednesday, Binance.US CEO Steve Gregory announced the exchange will apply for a CFTC Designated Contract Market (DCM) license in August to launch its own prediction markets. The license would enable the platform to compete with existing providers like Kalshi and Polymarket. According to CFTC guidelines, DCMs can trade futures or option contracts based on any underlying commodity, index or instrument.

According to Hana Securities on July 30, AI datacenter investment competition has entered a new phase, with focus shifting from GPUs, servers, and construction costs to power grid infrastructure and financial guarantees. The investment landscape for AI datacenters is increasingly becoming a battle of financial capacity, requiring far more than land, buildings, and chips.

According to Jin10, U.S. Treasury futures declined recently, with the 10-year contract falling 12 points and the 30-year dropping 30 points. Yields reached their highest level since mid-2007.

According to CNBC citing Moody's Ratings, global tech companies' 2026 capital expenditures are expected to reach $785 billion, with 2027 potentially approaching $1 trillion. This massive investment in AI infrastructure and data centers is reshaping the financing landscape. Hyperscaler debt issuance in 2026 is projected to reach $175 billion, far exceeding the past 5-year average of $30 billion annually. Debt markets are reflecting investor concerns. Credit spreads for major cloud providers have

According to Yonhapnews, Fed Chair Kevin Walsh said on July 29 that market interest rates have risen significantly, placing recent increases in the top 10% of changes between FOMC meetings over the past 20 years. Walsh stated that markets are tightening financial conditions independently, which provides "some comfort" that the Fed has the capability to achieve its objectives. Walsh reaffirmed the Fed's 2% inflation target, saying there is no "soft" inflation goal. He noted that over the past 42

On July 29 (U.S. Eastern Time), crude oil prices surged on the New York Mercantile Exchange as U.S.-Iran military tensions escalated. September-delivery West Texas Intermediate (WTI) jumped $5.20 (6.56%) to $84.46 per barrel, while September Brent crude rose $6.65 (7.91%) to $90.74 per barrel, marking the first gains after four consecutive trading days of decline. The rally followed overnight ballistic missile strikes by Iran targeting a U.S. military base in Jordan, with President Donald Trump

On Wednesday (July 29) in late New York trading, the 10-year Treasury yield rose 7.10 basis points to 4.6773%, trading between 4.6042% and 4.6956% for the day. Following the Federal Reserve's policy announcement at 2 a.m. Beijing time, yields briefly dipped before climbing to a session high near 4.7117% by 4:16 a.m. after Fed Chair Wop Powell's press conference concluded. The 2-year Treasury yield fell 1.44 basis points to 4.2726%, oscillating between 4.3345% and 4.2150%. It dropped sharply foll

According to Citi economists Andrew Hollenhorst and Veronica Clark, the Federal Reserve maintained interest rates unchanged on Wednesday, with Citi still forecasting rate cuts later this year. The economists identified two dovish signals from Federal Reserve Chair Jerome Powell's press conference: his indication that the Fed will reference multiple data points to assess inflation progress, and his suggestion that rising real yields have already tightened financial conditions to some extent. Citi

L3Harris Technologies reported second quarter 2026 bookings of $7.3 billion, with revenue reaching $5.9 billion, up 8% year-over-year. Diluted earnings per share increased 28% to $3.13, while operating margin expanded 60 basis points to 11.1%.

According to Jin10 data, Iran launched multiple missiles targeting U.S. military positions in the Middle East overnight on July 30, while U.S. and Saudi Arabian forces conducted air strikes on the Iran-Iraq border region and on positions of Iraq's Popular Mobilization Forces (PMF). Jordan's state news agency reported the country intercepted five Iranian missiles. Following the Iranian attacks, U.S. President Trump stated American forces would strike back decisively. Iraq's government and militia

According to Anadolu Agency, Türkiye has blocked access to 47,493 illegal betting websites since Jan. 1, 2026, as authorities expanded nationwide enforcement against online operators and payment networks. Police and gendarmerie units conducted 680 operations, detained 5,629 suspects, and secured pretrial detention for 3,231 individuals. Cybercrime units are targeting illegal betting sites, social media advertisements, bank accounts, electronic-money services, and crypto accounts used by operator

The Federal Reserve held its benchmark interest rate at 3.50-3.75% on July 29, according to the Fed's statement following its latest Federal Open Market Committee (FOMC) meeting. However, three FOMC members dissented and called for a 0.25 percentage point increase, reflecting mounting internal pressure within the Fed to address inflation that has exceeded its target for over five years.