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
07:41

XRP Search Interest Crashes to 9 From All-Time High of 100 in One Year

According to Google Trends, XRP search interest plummeted to 9 on July 18, 2026, exactly one year after hitting an all-time high of 100 on July 18, 2025, marking a 91% collapse in retail attention. The token has fallen to $1.08 from its peak of $3.65, down over 60%, while market sentiment remains deeply pessimistic with a Fear and Greed Index reading of 25. XRP is currently trading near its 200-day moving average of $1.10, with technical resistance overhead at $1.18-$1.20.
07:41

Mir Cards Capture 85% of Russia's Payment Market as Visa, Mastercard Become Defunct

According to NSPK CEO Dmitry Dubynin, Mir cards have captured 85% of Russia's payment market, while Visa and Mastercard cards are now "effectively absent" and provide no value to users, as they do not work abroad and offer no access to international loyalty programs. Dubynin stressed that remaining international cards will eventually fail as they endure physical wear and their security certificates expire. On July 2, Bank of Russia Governor Elvira Nabiullina announced that the phase-out of inter
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07:39

Bitcoin Japan Completes 9.66 Billion Yen Funding Round, Allocates 662 Million Yen to Bitcoin

According to CoinPost, Bitcoin Japan (TSE-listed, ticker 8105) recently completed approximately 9.657 billion yen ($64 million) in funding through unsecured convertible bonds and warrants issued to Cayman Islands-based investment fund EVO FUND. The company allocated 662 million yen (7% of total funding) to Bitcoin purchases for the first time since its rebranding. Remaining funds were allocated to undisclosed private equity investments (3.756 billion yen), South African rare earth mining operati
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07:37

SK Hynix ADR Plunges 13.69% as U.S. Semiconductor Stocks Crash on July 16

According to SBS, on July 16, U.S. semiconductor stocks plummeted, with SK Hynix ADR falling 13.69%, alongside declines in Nvidia (-2.40%), Alphabet (-4.40%), Micron, and other chip-related equities. The selloff rippled across Asia on July 17: Japan's Nikkei 225 index dropped 4.03% to its fifth-largest daily loss on record, while Kioxia Holdings collapsed 16.1%. Taiwan's Taiex fell 6.47% despite TSMC beating profit forecasts. South Korea's stock market avoided direct impact due to the Constituti
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07:33

SlowMist Detects Malicious GitHub Code Deployed via Fake Web3 Job Recruitment on July 18

According to SlowMist, MistEye detected a malicious activity on July 18 targeting developers through fake Web3 job postings. Attackers impersonated recruiters on LinkedIn, built trust by discussing job experience, and sent a deceptive GitHub repository disguised as an "interview MVP." When developers ran the project, a hidden Node.js loader triggered and deployed multiple payloads. The malicious code was designed to steal browser credentials and wallet data, collect sensitive files, execute remo
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07:32

Big Tech Shifts Focus to Digital Asset Infrastructure Rather Than Own Tokens, as of July 16

According to public product statements and announcements as of July 16, major technology companies including Microsoft, AWS, Google, and Oracle are prioritizing digital asset ecosystem infrastructure over issuing their own stablecoins or tokens. Microsoft's Azure provides transaction, custody, and CBDC support through partnerships like HKVAX in Hong Kong and Brazil's Drex project. AWS offers managed blockchain services and stablecoin development tools, while Oracle launched its Blockchain Platfo
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07:31

Chip Stocks Retreat as Equal-Weight S&P 500 Outperforms by 1% This Week

This week, semiconductor stocks retreated while equal-weighted S&P 500 outperformed traditional market-cap-weighted indexes by over 1 percent, signaling a healthy market rotation rather than a broader selloff, according to market strategists. As chip stocks declined, energy, retail, banking, and transportation shares rallied to support overall market performance. The S&P 500 index trades roughly 2% below its June 2 record closing high. Market breadth remains sturdy, with approximately 69% of S&P
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07:21

Iran Submits Plan to Charge Vessels Transiting Strait of Hormuz Environmental Service Fees

According to BlockBeats citing Fars News, Iran's environmental protection organization submitted an implementation plan today (July 18) for charging environmental service fees on vessels passing through the Strait of Hormuz. Fees will be determined based on vessel type, cargo nature, passage history, and environmental risk level, with specific payment mechanisms and enforcement details to be formulated by relevant authorities. Iran said the plan is based on international law frameworks including
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07:13

South Korea's Pension Funds Shift to Net Buying, Purchasing SK Hynix and Semiconductors Amid Market Decline

According to South Korea's stock exchange, the country's pension funds recorded net buying of 100.7 billion Korean won in the week of July 13-16, marking two consecutive weeks of net purchases after months of net selling. SK Hynix led buying activity with 141.2 billion won in purchases, followed by SK Innovation (103.5 billion won) and Samsung Electronics (80.5 billion won), as pension funds capitalized on sharp declines in the Korean stock market during the week.
07:11

SodaBot Integrates With Wager Predict on BNB Chain for AI-Powered On-Chain Forecasting

According to SodaBot's official X account, the platform announced a partnership with Wager Predict on July 16 to integrate AI-driven automation with non-custodial on-chain prediction infrastructure built on BNB Chain. The collaboration combines SodaBot's multi-agent artificial intelligence framework with Wager Predict's decentralized prediction infrastructure to enable automated forecasting, intelligent task routing, and more efficient execution of blockchain-based operations. SodaBot's AI agent
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07:01

Bank of America Sees U.S. Dollar Strengthening in H2 2026, Cites Three Key Drivers

According to Bank of America's FX trading team, the U.S. dollar is expected to continue strengthening in the second half of 2026, buoyed by three main factors: geopolitical tensions in the Middle East supporting high oil prices, strong capital flows driven by the AI boom attracting overseas investors, and higher-than-consensus interest rate expectations. BofA strategist Alex Cohen noted that the Fed may raise rates three times in 2026, compared to the market's current pricing of just one hike, w
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06:57

Trezor CCO Responds to ZachXBT's Hardware Wallet Criticism, Defends Self-Custody Benefits on July 18

According to BlockBeats, on July 18, Trezor Chief Commercial Officer Danny Sanders responded to on-chain investigator ZachXBT's criticism that "all hardware wallets are garbage," arguing the assessment is overly one-sided. Sanders acknowledged that firmware updates can impact high-value transactions and security-usability trade-offs exist, but noted ZachXBT's scenario applies mainly to advanced users managing large asset holdings—not a reason to dismiss the entire hardware wallet category. Sande
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06:52

UK FCA's New Short-Selling Data Plagued by Errors, Untracked Modifications

According to the Financial Times, the UK Financial Conduct Authority (FCA) released short-selling data on July 18 containing multiple errors and unrecorded modifications. Under the new regulation, the FCA replaced name-by-name disclosure of major short positions with aggregated data by stock. Data provider Breakout Point identified numerous errors in the published information, with some positions subsequently deleted or amended without any modification records. The dataset also included position
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06:43

Korean Brokerages Issue More Downward Price Targets Than Upward for First Time This Year in July

According to F&Guide, South Korean brokerage firms issued 323 downward price target revisions versus 249 upward revisions during the first 16 days of July 2026, marking the first month this year when downgrades exceeded upgrades. The shift reverses a sustained upward bias that began in January, when upward revisions outnumbered downward ones by 4.1 times, peaking at 9.7 times in February before narrowing to 2.2 times by June. The trend extends to major semiconductor stocks: SK Hynix and Samsung
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