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
14:37

Hong Kong HSI July Futures Fall to 23,469 Points at 10:32 p.m., Down 76 Points

According to Hong Kong stock market data, HSI July futures were quoted at 23,469 points, down 76 points or 0.32% as of approximately 10:32 p.m. on July 6. The Hang Seng Index futures also traded at a 147-point discount to spot. The Hang Seng China Enterprises Index (HSCEI) futures were quoted at 7,753 points, down 36 points or 0.46%, trading at a 59-point discount to spot.
14:37

Prediction Markets Traded $460M on Mexico-England Round-of-16; England Won 3-2 as Red Card Triggered Price Swings

According to Bitcoin.com News, prediction markets processed nearly $460 million in trading volume on the Mexico-England World Cup round-of-16 fixture, with Kalshi accounting for $402 million and Polymarket $57.7 million. England defeated Mexico 3-2 to advance to the quarterfinals. The market experienced sharp price swings tied to in-game events: England's win probability spiked toward the mid-80s after Jude Bellingham scored twice in 98 seconds, then tumbled when Jarell Quansah received a straig
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14:32

SBI Ripple Asia Completes PSA Registration on March 26, Enables XRPL Prepaid Token Issuance in Japan

On March 26, 2026, SBI Ripple Asia completed its registration as a prepaid payment instrument issuer under Japan's Payment Services Act, enabling direct issuance of regulated prepaid tokens on the XRP Ledger. The milestone converts the settlement technology into a consumer product; Tobu Top Tours, the travel arm of the Tobu railway group, launched the first prepaid travel token under the framework on XRPL mainnet. Five days later, on March 31, SBI VC Trade began distributing Ripple's RLUSD stabl
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14:32

EU Bans A7A5 Stablecoin on November 12, First Direct Prohibition of Token; Transaction Volume Disputed at $34.4B vs. $75M

According to blockchain analytics firms TRM Labs and Elliptic, the EU's 19th sanctions package imposed a direct ban on all dealings in A7A5 stablecoin on November 12, marking the first time the European bloc has prohibited a specific token outright. A7A5, a ruble-pegged stablecoin without freeze functionality issued from Kyrgyzstan and backed by deposits at sanctioned Promsvyazbank, is 51 percent owned by fugitive Ilan Shor. The issuer claims $34.4 billion in transaction volume during the first
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14:32

Scopuly Adds WalletConnect Support to Enable Direct Stellar DApp Connections

According to Scopuly's official announcement on July 5, the wallet integrated WalletConnect to enable secure connections with Stellar-based decentralized applications. Users can now connect their Scopuly Wallet to compatible Stellar dApps, review transaction requests, and sign transactions directly within the wallet without exposing private credentials. The upgrade also introduced a dedicated dApps discovery section within the wallet, allowing users to browse compatible applications more efficie
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14:31

U.S. Hospitality Sector Faces Rising Diesel and Packaging Costs Amid Persian Gulf Tensions; Peak Impact Expected Q3 2026

According to the U.S. Institute for Supply Management (ISM), the American hospitality and food service sectors are experiencing sustained price pressures driven by rising diesel fuel costs linked to Persian Gulf conflict and increased costs for resin-based packaging materials. The most significant impact is expected in the third quarter of 2026, though pressures are already being felt. Suppliers are actively attempting to pass price increases downstream.
14:31

Broadcom Extends Custom Chip Partnership with Apple Through 2031

Broadcom announced on Monday (July 6) that it extended its custom chip partnership agreement with Apple through 2031, with both companies committing to continued development and supply of customized semiconductors. The announcement boosted Broadcom's pre-market stock price by nearly 4%. Broadcom has long supplied Apple with critical components including RF chips for iPhones, Wi-Fi and Bluetooth connectivity chips, and network communication semiconductors. Analysts estimate Apple accounts for app
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14:31

Trump Holds 'Very Good Call' with Putin on Ukraine on July 6

According to Jin10, U.S. President Trump held a 'very good call' with Russian President Putin on July 6 to discuss ways to end the Russia-Ukraine conflict. Trump stated he is consulting with Putin to determine if a resolution is possible and plans to address the Ukraine issue at the upcoming NATO summit, adding that 'the situation is more urgent than people realize.'
14:30

SemiAnalysis: TTFT May Be Overvalued; Only 10-20% of Inference Tasks Limited by Latency

According to SemiAnalysis, the market may be overemphasizing time-to-first-token (TTFT) in large language model inference. The research notes that inference system optimization is not simply about minimizing latency, but rather balancing single-user interaction speed (tok/s/user) against overall throughput efficiency (tok/s/GPU). SemiAnalysis estimates that only 10–20% of inference tasks are truly latency-constrained; most scenarios prioritize throughput and cost efficiency. The token generation
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14:30

Canada Selects German TKMS for Submarine Fleet, CAD 50 Billion Project on July 6

According to Globe and Mail, Canada selected German shipbuilder ThyssenKrupp Marine Systems (TKMS) as the preferred bidder for a major submarine procurement project worth up to CAD 50 billion on July 6. Prime Minister Mark Carney is scheduled to announce the decision in Halifax, Nova Scotia, home to Canada's major naval base, before departing for a NATO meeting in Turkey. The project covers submarine construction, operations, maintenance, and capability upgrades. As with most major defense procu
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14:28

FCA Warns of 'Arms Race' to Regulate AI in Financial Services as 20% of UK Adults Adopt AI Models for Money Management

According to Sheldon Mills, an executive director at the UK's Financial Conduct Authority, regulators face an "arms race" to keep pace with artificial intelligence use in financial services. In a report published Monday, Mills warned that the FCA would need greater powers to monitor, detect, and address AI-related risks in the sector, and urged UK authorities to review whether ChatGPT, Claude, Gemini, and other large language models should be subject to regulatory oversight. Research commissione
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14:23

Bitcoin and Ethereum ETF Flow Data Shows Mixed Performance on July 6

Gate News message, according to Lookonchain, Bitcoin ETFs recorded a 1-day net inflow of +3,774 BTC (+$233.51M) on July 6, while the 7-day net flow showed an outflow of -10,837 BTC (-$670.47M). Ethereum ETFs demonstrated a 1-day net inflow of +498 ETH (+$871K), with a 7-day net inflow of +15,393 ETH (+$26.92M). This data follows the July 3 update from Lookonchain which showed Bitcoin ETFs with a 1-day net outflow of -588 BTC (-$36.47M) and a 7-day net outflow of -22,189 BTC (-$1.38B), while Ethe
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14:22

Microstrategy Sells Bitcoin Today, Breaking 'Never Sell' Promise

According to Foresight News, Microstrategy (MSTR) sold Bitcoin today, breaking its previous commitment to never sell holdings, according to comments from Jianguo Cao, founder of Lebit mining pool. Cao noted that MSTR holds $2.55 billion in cash reserves, sufficient to cover 17.6 months of interest expenses, making the sale puzzling given no liquidity pressure. He stated that MSTR could have addressed any dollar needs through stock issuance instead. Cao suggested the move may indicate plans for t
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14:21

Stock RWA Perpetual Contracts OI Surpasses Commodities in June, Grows 7.9x to $1.3B

According to Foresight News, stock-related Real World Assets (RWA) perpetual contracts open interest (OI) surpassed commodities for the first time in June, becoming the largest category among RWA perpetual contracts. Stock RWA OI grew 7.9 times from $166 million at year-start to $1.3 billion, accounting for 35% of total RWA OI that month, with commodities following at $1.2 billion. The growth was driven by popular storage stocks including SK Hynix, Micron, and SanDisk.