Gate Crypto Flash News and Market Updates

The University of Michigan's final July consumer sentiment index and one-year inflation expectations are set to be released in approximately 10 minutes on July 31.

The Stoxx Europe 600 index erased its intraday gains on July 31, now trading approximately flat for the day.

According to Hong Kong Exchanges and Clearing (HKEX) disclosure on July 31, Jingjing Innovation Technology Co., Ltd. filed an IPO application with HKEX's main board, with China International Capital Corporation and CICC as joint sponsors. The optical solutions provider ranks second globally and first among Chinese manufacturers in consumer electronics camera modules by 2025 revenue, according to Frost & Sullivan.

According to Qingke Holdings (01945), the company expects H1 2026 net profit of approximately 13-18 million RMB, swinging to profit from a loss of 14.8 million RMB in the prior-year period. Revenue is projected at 68-74 million RMB, up 21.86%-32.62% year-over-year from 55.8 million RMB in H1 2025. The improvement was attributed to increased core business revenue and gains from investment projects.

The Chicago PMI came in at 57.6 in July, exceeding the forecast of 56 and rising from the previous month's 56.7, according to data released on July 31. The increase signals a strengthening in regional manufacturing activity.

According to Jin10, the U.S. Dollar Index (DXY) rebounded sharply to 100.4 on July 31 after a short-term decline, fully recovering previous losses. USD/JPY dipped to a low of 159.13 before recovering to 159.4.

During its latest earnings call, Microsoft announced a strategic shift away from exclusive reliance on OpenAI toward a multi-model approach. CEO Satya Nadella emphasized that Microsoft's strategy is to "empower customers with access to multiple AI models," with Azure now supporting over 11,000 AI models including offerings from OpenAI, Anthropic, xAI, Mistral, and Microsoft's own MAI series. Enterprise demand for multi-vendor AI models has surged, with the number of customers building applicatio

According to South Korean court records, the Suwon High Court has reduced prison sentences for six gang members convicted of robbing an illegal stock fraud operation. The gang stormed a call centre in Siheung, Gyeonggi Province in March 2025, stealing approximately ₩69 million in Tether and assaulting employees with weapons. The ringleader's sentence was reduced from eight years to seven years and six months, while other defendants received reductions ranging from six months to one year. The cou

According to official announcements, Upbit will list Conflux (CFX) token on July 31 at 16:00, trading against Korean Won (KRW), Bitcoin (BTC), and Tether (USDT). Deposit and withdrawal operations will activate approximately 1.5 hours before trading begins. Trading will be supported only via the Conflux eSpace network. Bithumb announced it will launch Korean Won trading for Gravity Token (GRVT) on July 31 at 14:00, with deposits and withdrawals opening within two hours of announcement. The token

According to Foresight News, TRON's 67th core developer conference confirmed the GreatVoyage-v4.8.2 (Pyrrho) upgrade is proceeding smoothly, with 19 super representatives completing deployment. Community nodes are advised to finish updates by August 16 at 23:59 UTC. The conference also discussed a proposal to enable network parameters compatible with Ethereum's Prague and Osaka upgrades, with activation details to be finalized in future meetings. TRON Solidity Compiler v0.8.28 has been officiall

According to Foresight News, Alchemy Pay obtained Michigan's Money Transmitter License (MTL) on July 31, expanding its licensed coverage in the U.S. to 19 states. The license permits the company to receive, transfer, and issue payment instruments within the state, covering digital wallets, cross-border remittances, payment processing, and crypto-related services. Alchemy Pay stated the approval strengthens its long-term stablecoin strategy and provides regulatory foundation for Alchemy Chain, it

According to Bitget market data, U.S. crypto-linked stocks saw mixed performance over the past 24 hours, with IREN rising 17.55% leading gains among major names, while Coinbase fell 7.73% as the largest decliner in the sector.

According to Zhitong Finance, Hard Egg Innovation (00400) reported H1 2026 revenue of approximately 12-14 billion yuan, representing an 80%-100% year-on-year increase from 6.7 billion yuan in the same period of 2025. Operating profit is expected to grow 60%-100% year-on-year. The growth was driven by strong chip demand in artificial intelligence data centers, storage, and robotics sectors. The company's AI Token Factory division has secured over 1 billion dollars in preliminary orders.

According to Zhitong Finance, Rekona Biotech-B (02179) issued a profit warning on July 31 for H1 2026 ending June 30. The company expects net loss attributable to shareholders of RMB 201-222 million, representing a year-on-year contraction of 34.71% to 40.93%. Revenue is projected to decline 99.50% to 99.63% to RMB 40,000-54,000. The improvement in loss was primarily due to the completion of core product clinical trial phases and subsequent focus on regulatory approval and commercialization prep

According to Bloomberg, Brazil's B3 exchange suspended trading on July 31 due to a technical issue in its trading processing system. Fixed income and foreign exchange contracts remained in the bidding phase one hour after the scheduled market open, while the equities market failed to open normally. The exchange has not provided a timeline for service recovery and said it will continue updating the market on the restoration progress.

According to Bybit data, on July 31, Apple (AAPL) fell 9%, marking its largest single-day decline since April 2025. Amazon (AMZN) surged 14%, achieving its biggest daily gain since November 2022.

According to BlockBeats citing BIT market data, on July 31, semiconductor, optical communication, and storage stocks surged at U.S. market open Friday, extending gains from the previous day. Optical communication stocks led the advance, with Applied Optoelectronics (AAOI) up 13.38% and Astera Labs (ALAB) up 13.25%. Semiconductor stocks broadly gained 6–8.5%, while storage stocks climbed 5.9–8.5%.

According to ZhiTong Finance, Nanshan Aluminum International (02610) issued a profit warning for the first half of 2026, expecting net income attributable to equity shareholders of approximately $58 million to $68 million, compared to $248 million in the same period of 2025. The decline in profitability is primarily due to lower gross margins driven by a drop in alumina sales prices. The group's average selling price for products in H1 2026 is estimated at approximately $320 per ton, down signif

According to Smart Finance APP, China Glass Holdings (00868) reported mid-year 2026 results with revenue of approximately HK$9.521 billion, down 3.1% year-on-year. However, profit attributable to equity holders reached HK$1.184 billion, up 16.9% compared to the same period last year. The company declared a mid-term dividend of HK$0.15 per share, with basic earnings per share at HK$0.2676. The revenue decline was primarily attributed to continued price decreases in float glass products since the

According to Whale Alert, 1,600 BTC (approximately $102 million) were transferred from an unknown wallet to another unknown wallet on July 31.