Gate Crypto Flash News and Market Updates

According to Iran's state broadcaster IRIB, an explosion was heard in Sirik, a city in Iran's southern Hormuzgan province, on July 22.

According to an official statement from Codelco yesterday (July 23), a strong storm in central Chile caused limited impact on copper production, though three of its mining divisions—Salvador, Andina, and El Teniente—experienced temporary operational disruptions. Operations are now gradually recovering as weather conditions improve. No casualties or workplace incidents were reported.

Alphabet reported on Wednesday that second-quarter investment gains totaled $98 billion, primarily from unrealized gains in equity securities. The earnings windfall drove the company's per-share earnings to $9.11, significantly exceeding the analyst consensus estimate of $2.90. According to the company's earnings statement, Alphabet holds stakes in SpaceX and artificial intelligence startup Anthropic PBC.

On Wednesday (July 22), U.S. equity ETFs posted mixed results. The Russell 2000 index ETF fell 0.93%, while emerging market ETF declined 0.54%. Nasdaq-100, U.S. real estate, U.S. Treasury 20+ year, S&P 500, and dollar-focused ETFs fell up to 0.51%. Commodity funds led gains, with gold ETF up 1.15% and U.S. Brent crude oil fund surging 1.70%. The yen appreciation ETF rose 0.02%, euro ETF gained 0.10%, and agricultural products fund advanced 0.30%.

According to Peckshield and Slowmist, an attacker drained $912,000 in BTCB from 42DAO vaults on BNB Chain on July 22, exploiting a manipulated oracle price feed. Balance Coin (BLC) collapsed from near $1 to approximately $0.000795, a 99.92% decline, as the attacker manipulated the Spotter contract to inject a false price into the system, triggering liquidations and selling the seized collateral on Pancakeswap. The token's market cap dropped from roughly $3.5 million to $2,800. 42DAO has not anno

According to Yonhap Infomax, Tesla reported adjusted earnings per share (EPS) of $0.33 for Q2 2026 on July 22, missing analyst expectations of $0.51 by over 35%, and down 18% year-over-year. The company cited lower average selling prices for electric vehicles and declining regulatory credit revenue as key headwinds. Revenue rose 26% to $28.24 billion, exceeding the $25.71 billion consensus forecast, while gross margin contracted 41 basis points to 16.8% due to increased AI investments, R&D spend

According to South Korean financial investment industry data, the Korea Composite Stock Price Index (KOSPI) sidecar breaker mechanism has been triggered 40 times as of July 22, 2026, with 20 instances each on the buy and sell sides. This far exceeds the 26 times it was triggered throughout 2008 during the global financial crisis, when buy-side triggers occurred 14 times and sell-side 12 times. The surge is attributed to expanded use of algorithmic automated orders and mechanical rebalancing trad

According to US Federal Election Commission filings as of Tuesday, July 22, the Protect Progress PAC—an affiliate of cryptocurrency-aligned political action committee Fairshake—spent over $986,000 on media supporting Democratic incumbent Shri Thanedar and opposing his challenger Donavan McKinney in Michigan's 13th congressional district. The expenditures come two weeks before the August 4 Democratic primary that will determine the nominee for the November general election.

According to Google CEO Sundar Pichai, Google searches reached historic highs during the 2026 World Cup period. The company is seeing strong momentum in cloud growth driven by Gemini, with AI infrastructure demand accelerating as a key growth driver.

According to ChainCatcher, Tesla's Bitcoin holdings remain unchanged at 11,509 BTC in Q2 2026, continuing a nearly four-year period without buying or selling the cryptocurrency. The company recognized a post-tax impairment loss of $112 million on its digital assets. Bitcoin declined 14% in Q2 to $58,000 from approximately $83,000 before recovering to around $65,840.

According to Ed Dowd, former BlackRock portfolio manager and founding partner of Phinance Technologies, the credit-default cycle has already begun and will eventually impact pension funds. Speaking to Kitco News in a recent interview, Dowd cautioned that private-credit risks—accumulated through unregulated structures that grew 50-75% in 2024-2025—are being packaged into securities and sold to insurers, a model he compared to pre-2008 crisis practices. "The losses land on insurers, asset managers

According to TD Securities strategists Gennadiy Goldberg and Molly Brooks, the Federal Reserve's asset sheet may not begin shrinking until late 2027. Even then, the central bank may choose to maintain the balance sheet's size and let economic growth digest it naturally, rather than resume direct quantitative tightening (QT).

According to the U.S. Department of Energy, the United States and Saudi Arabia have signed a nuclear energy cooperation agreement, along with a companion bilateral nuclear safeguards agreement.

On Wednesday, July 22, most U.S. stock industry ETFs declined, with technology and internet-focused ETFs falling as much as 1.86%, global aviation ETF and biotechnology ETF also posting losses. Semiconductor ETF gained 0.48%, while energy sector ETF rose 1.20%. Among the 11 sectors in the S&P 500 index, telecommunications fell 1.29%, consumer discretionary declined 0.84%, information technology flat at up 0.01%, energy up 1.19%, materials up 1.45%, and utilities led gains at 2.29%.

Alphabet's Gemini app has reached 950 million monthly active users (MAUs), according to the company. The Gemini model now processes 22 billion API tokens per minute, supporting the growing demand for AI-powered features.

According to Yonhapnews, crude oil prices rose sharply today (July 22) amid escalating U.S.-Iran conflict. Brent crude futures for September delivery closed at $94.07 per barrel on the ICE exchange, up 3.36% from the previous session. U.S. West Texas Intermediate (WTI) crude for September delivery also rose 2.95% to $86.83 per barrel on the New York Mercantile Exchange.

According to Zilliqa's official statement, a critical vulnerability in the Ledger application was discovered affecting ZIL transactions, with active exploitation observed on July 19th. The flaw impacts all Ledger app versions from 2019 to 2026 and makes private keys vulnerable to recovery attacks. In response, Zilliqa suspended ZIL transactions, though EVM transactions remain unaffected. Following the disclosure, South Korea-based exchanges Upbit and Bithumb classified ZIL as a "warning asset" a

According to a Fox Business interview on July 22, Ark Invest CEO Cathie Wood said SpaceX could become "the most important company in history," citing its potential in space exploration, global communications, and artificial intelligence infrastructure. Wood emphasized Starlink's role as a first-mover satellite broadband operator with 70% of deployed satellites globally. SpaceX shares traded at $116.95 on July 22, down 48% from their $225.64 52-week peak and 13% below the $135 IPO price. Despite

Southwest Airlines reported second quarter adjusted earnings per share (EPS) of $0.94, exceeding analyst estimates of $0.52. The airline's Q2 operating revenue reached $8.43 billion, falling short of the consensus estimate of $8.58 billion.

According to Alphabet, on July 22, 2026, the company reported Q2 revenue of $119.80 billion for the quarter ended June 30, surpassing consensus estimates of $117 billion. Revenue ex-TAC reached $103.62 billion versus the expected $101.07 billion. Google Cloud revenue delivered a standout $24.77 billion, significantly exceeding the $22.46 billion forecast. Google Services generated $94.54 billion, advertising revenue hit $81.63 billion, and operating income reached $40.77 billion. Capital expendi