Gate Crypto Flash News and Market Updates

According to Deutsche Bank, Japan's policy priorities may need to shift from supporting the yen to controlling government bond yields to support its growth objectives. Japanese Prime Minister Sanae Takeda unveiled a $2.3 trillion growth strategy last month, marking what the bank describes as a critical juncture for Japan's fiscal and industrial policies. Deutsche Bank strategist Malika Sahdev stated that Japan needs to "make room for increased spending while maintaining fiscal sustainability." T

The U.S. 20-year Treasury auction on July 22 settled at a yield of 5.163%, compared to 4.93% in the previous auction, marking an increase of 23 basis points.

The U.S. 20-year Treasury auction held on July 22 saw the bid-to-cover ratio fall to 15.13%, compared to 56.57% in the previous auction, according to Treasury Department data.

The U.S. Treasury sold $13 billion in 20-year bonds at a yield of 5.163%, compared to 4.927% at the previous auction on June 16. The bid-to-cover ratio stood at 2.64, down from 2.75 in the prior sale.

Three progressive organizations—Indivisible, Demand Progress, and the Revolving Door Project—sent a letter Tuesday evening to Democratic Senate offices, criticizing Sen. Kirsten Gillibrand over her son's ties to the crypto industry. The move complicates efforts to broker a compromise on the CLARITY Act's unresolved ethics provisions and signals that Senate Democrats backing the bill face organized political pressure. The groups argue that Democratic attacks on President Trump's crypto ventures l

According to the London Metal Exchange (LME), metal futures closed mixed today. Copper futures declined 77 to 13,808 per ton, while nickel led gains, rising 149 to 17,234 per ton. Aluminum, zinc, lead, and tin also posted gains, up 34, 40, 28, and 37 respectively. Tin closed at 53,922, lead at 1,896, and aluminum at 3,192. Zinc reached 3,592. Cobalt closed flat at 56,290 per ton.

According to U.S. military statements, the U.S. Central Command as of July 22 has altered the navigation routes of nine commercial vessels and rendered one vessel inoperable.

According to Wall Street Journal, Saudi Arabia's nuclear agreement signing ceremony will take place at 8:30 PM Israel time today (1:30 AM Beijing time on July 23).

According to Ukraine's Deputy Commander-in-Chief, Ukraine will deploy laser weapons within the next 2-3 months. The weapons are expected to outperform machine guns in neutralizing aerial targets.

According to the Israeli Defense Forces, on Wednesday the military thwarted and detained multiple Israeli citizens who attempted to cross into Syria in the Hermon region. The IDF condemned the incident as a criminal act that endangers border security.

White House officials, on Wednesday (July 22), accused Chinese AI startup Moonshot AI of illegally using restricted Nvidia GB300 chips and American AI model outputs to develop the Kimi K3 model announced last week. Michael Kratsios, director of White House Office of Science and Technology Policy, said Moonshot AI obtained servers equipped with GB300 chips and likely used them in Thailand to train the model, potentially violating U.S. export controls. GB300 is part of Nvidia's restricted Blackwel

According to Fox Business, a new legislative section aims to strengthen enforcement agencies' ability to investigate cryptocurrency-related crimes. The section allocates funding to support state and local crypto investigations and blockchain analysis tools, establishes training programs for law enforcement and prosecutors, creates a cyber center to counter threats from state actors including North Korea and Iran, establishes a public-private taskforce to coordinate anti-crypto fraud efforts, and

According to crypto reporter Eleanor Terrett, the Blockchain Regulatory Clarity Act (BRCA) maintains the version passed by the Senate Banking Committee in May. The bill clarifies that non-custodial software developers and blockchain infrastructure providers will not be classified as money transmitters solely for building or maintaining decentralized networks. The Lummis-Grassley amendment remains intact, preserving federal criminal liability for those who knowingly facilitate illegal transaction

According to Fox Business, new legislation has outlined rules for handling digital assets when exchanges or custodians go bankrupt. The law ensures customer assets receive the same protections as traditional financial assets and remain customer property rather than becoming part of company bankruptcy proceedings, potentially preventing scenarios similar to FTX.

According to Kitco NewsWire, spot gold rallied above $4,120 on Wednesday (July 23), trading near $4,125.10 an ounce, up 1.19% on the session, while spot silver rose to $59.44, up 1.32%. Gold's intraday range was $4,075.90 to $4,142.70, with the metal testing the $4,142.70 resistance level. Silver traded between $58.61 and $60.11, holding above its 100-period moving average and testing $60.76 resistance. Softer U.S. inflation data, resilient economic activity, and market expectations for the Fede

UK Chancellor Jeremy Healey stated on July 22 that fiscal discipline is his top priority. The statement reflects the government's commitment to budget management.

According to Polymarket and Kalshi data as of July 22, traders on prediction markets are pricing Democrats at 86% odds to win House control in the 2026 U.S. midterm elections, with $9 million traded on that single market. On Polymarket, the Senate outlook favors Republicans at 56%, with $3 million in trading volume. Kalshi's primary markets significantly outpace Polymarket's general election activity. The Kentucky 4th District Republican primary between Ed Gallrein and Thomas Massie leads all mi

According to an announcement Wednesday, BitGo and OTC Markets Group plan to partner on digital asset trading and custody infrastructure for broker-dealers, expanding institutional access to tokenized securities through existing market infrastructure. The alliance will serve more than 150 broker-dealers using OTC Link ATS, an SEC-regulated alternative trading system, allowing them to quote, trade and settle digital asset securities through their current electronic trading infrastructure. BitGo Ba

In early July, Ukrainian military shifted its strike focus from large-scale oil refineries to tanker ships, allowing Russian regions to report easing fuel shortages. Regional officials have informed residents of increased and more stable fuel supplies, with some areas gradually raising gasoline sales quotas per vehicle despite ongoing purchase restrictions. The shift came after Ukrainian forces targeted five key Russian oil processing sites in the first week of July, including Omsk, home to the

On July 22 at European market close, German two-year bond yields rose 3.9 basis points to 2.842%, trading within a 2.806%-2.856% range and extending gains since 17:07 Beijing time. The 10-year yield climbed 0.8 basis points to 3.171%, oscillating between 3.164%-3.192%. The 2/10 year yield spread narrowed 3.146 basis points to plus 32.731 basis points. Thirty-year yields declined 0.9 basis points to 3.654%.