Gate Crypto Flash News and Market Updates

iShares Silver Trust, the world's largest silver ETF, increased its holdings by 67.49 tons on July 17, bringing total holdings to 15,061.32 tons.

According to Yonhapnews, South Korean President Lee Jae-myung on July 15 directed the government to introduce corrective measures for single-stock leveraged exchange-traded products (ETFs and ETNs) linked to Samsung Electronics and SK Hynix, citing a monthly average decline of 47% in leveraged instruments. The directive was issued during a government briefing held at the Blue House. Key regulatory measures are scheduled to be implemented in August and November.

According to CME FedWatch tool data reported by Jin10 on July 17, the Federal Reserve has an 85.6% probability of maintaining interest rates unchanged in July, with a 14.4% probability of a 25 basis point rate hike.

The U.S. dollar declined on the week ending July 17, as cooler inflation data tempered market expectations for near-term Federal Reserve rate increases. The Dollar Index (DXY) closed slightly unchanged on Friday at 100.77, posting a weekly loss of 0.2%. Latest U.S. economic reports showed easing price pressures: June consumer price index (CPI) and producer price index (PPI) monthly rates both slowed, while the University of Michigan survey revealed consumer confidence reached its highest level s

According to Iran's state television, two tankers exploded and caught fire after transiting a mine-laid route south of the Strait of Hormuz, the Islamic Revolutionary Guard Corps reported. The incident occurred on a shipping lane in the region, according to the official announcement.

According to the New York Mercantile Exchange, on July 17, crude oil prices surged over 4% as military tensions between the U.S. and Iran intensified. WTI August delivery climbed $3.54 to $82.49 per barrel, up 4.48%, while Brent September delivery rose $3.87 to $88.10 per barrel, up 4.59%. The conflict escalation marks a departure from an implicit agreement between the two nations not to target critical infrastructure; the U.S. military has expanded bombing operations to include bridges, railway

According to COMEX data reported by Yonhapinfomax, gold futures (GCQ6) for August delivery rose $23.50, or 0.59%, to $4,015.60 per troy ounce on July 17 (U.S. Eastern time). The rally was driven by safe-haven demand as U.S. stocks tumbled, particularly semiconductor shares amid concerns that China's AI developer Moonshot has released competitive models that could reduce hyperscaler capital expenditures. The Philadelphia Semiconductor Index fell 1.36% while the Nasdaq Composite declined 1.40%. Ti

According to the FTX Recovery Trust announcement on Friday, the trust will distribute approximately $900 million to creditors starting July 31. Eligible claimants can receive funds through BitGo, Kraken, or Payoneer accounts within one to three business days. Convenience claims under $50,000 will receive a 120% reimbursement, while other claims will receive between 103-105% distribution. This marks the fifth distribution round since FTX filed for bankruptcy in November 2022.

On Friday, July 17, U.S. President Trump threatened to impose tariffs on Canada, accusing the Canadian government of failing to manage forests properly and allowing wildfire smoke to drift into the United States. Trump stated that Canada had not maintained forests or cleared debris, resulting in "dirty, polluted and unhealthy air" entering American territory and causing hazardous air quality across the Midwest and Eastern Seaboard. Trump said he planned to call Canadian Prime Minister Mark Carne

According to the EU Copernicus Atmosphere Monitoring Service on July 17, smoke from Canada's ongoing wildfires is degrading air quality across eastern Canada and the northeastern United States. The smoke could reach New Jersey, where the FIFA World Cup final is scheduled for July 19. The atmospheric plume may also drift across the North Atlantic toward Europe.

According to the European Union's Copernicus Atmosphere Monitoring Service on July 17, smoke from ongoing Canadian wildfires is degrading air quality across Canada and the northeastern United States. The FIFA World Cup final, scheduled for July 19 in New Jersey, may be affected by the smoke plume.

According to Iran's Foreign Ministry spokesman Baghaeian, the United States conducted strikes on civilian infrastructure including bridges in Hormuzgan Province on July 17, resulting in 8 Iranian civilian deaths. Baghaeian stated on social media that the U.S. action constitutes a war crime, accusing the country of demonstrating its so-called "power" through attacks on civilian targets.

According to Reuters and Bloomberg, Bank of America appointed Sonali Theisen as head of global digital assets and Kevin Milsom as head of AI transformation on July 17. Theisen will oversee the design, development and governance of the bank's digital-assets platform while collaborating with Adam Dixon on tokenized deposits, stablecoins and cryptocurrency trading. Milsom is tasked with implementing AI across the bank's global markets platforms.

According to E Daily, Apple briefly regained the world's No. 1 market capitalization on July 17, with a market cap of approximately $4.9 trillion, as Nvidia fell 2.2% to $4.912 trillion. The shift reflects changing investor sentiment in AI markets, with capital flowing from AI semiconductor companies to platform firms capable of generating revenue through AI services. Nvidia's decline was triggered by Chinese AI startup Moonshot's release of an open-source model Kimi K3 that matches the performa

According to Numerai announcement via Chainwire, today (July 17, 2026), Numerai completed its third strategic Numeraire (NMR) buyback, acquiring $1.2 million of NMR from the open market, bringing total repurchases to $3.2 million within one year. The buyback reflects Numerai's investment in its staking system, which aligns data scientists toward improving the platform's machine learning model. The underlying hedge fund has grown to manage approximately $700 million in assets, up from approximate

According to Iran's Mehr News Agency, the United States conducted a missile strike on southwestern Ahvaz on July 17.

According to Bloomberg, the Trump administration is considering establishing an independent artificial intelligence regulatory body to review AI model safety standards. Treasury Secretary Scott Bessent helped develop the proposal, which would create a separate agency reporting to the Securities and Exchange Commission (SEC) with a structure similar to the Financial Industry Regulatory Authority (FINRA). The plan is currently under review by White House Chief of Staff Susie Wiles.

According to Bitcoin Treasuries.NET, publicly listed company Farmhouse FMHS has purchased an additional Bitcoin, bringing its total holdings to 12.209 BTC.