Gate Crypto Flash News and Market Updates

According to Bloomberg, Alphabet is set to report second-quarter earnings on July 22, with Google Cloud revenue expected to grow 65% year-over-year to $22.4 billion. The company's overall revenue and net income are forecast to rise approximately 25% from the prior year, marking a key test of whether massive artificial intelligence infrastructure investments are generating returns. Alphabet previously guided for 2026 capital expenditures of up to $190 billion, with 2027 spending projected to incr

According to Iran's Foreign Ministry spokesperson Baghaei, today (July 22), Iran's Gachin facility has no nuclear activities. Baghaei stated that U.S. focus on Gachin is merely a pretext for American aggression, destruction, and deliberate sabotage, according to Xinhua News Agency.

For the week ended July 17, the U.S. MBA mortgage refinance activity index declined to 802.3 from the previous week's 821.3.

According to MBA data, the U.S. mortgage application activity index rose to 264 in the week ended July 17, up from 259.1 in the prior week.

European regulators escalated enforcement against Polymarket on July 16 and July 13, with France's gambling authority ordering internet service providers to block the platform after detecting 578,751 visits from France in June 2026, and the Czech Republic adding Polymarket to its unauthorized gambling list requiring ISP blocks within 15 days. In contrast, the United States has licensed event-contract exchanges under derivatives law, with Kalshi operating as a CFTC-designated contract market sinc

The U.S. MBA (Mortgage Bankers Association) mortgage purchase index reached 165.8 for the week ended July 17, up from 157.2 in the prior week, representing a 5.5% increase.

U.S. 30-year fixed-rate mortgage rates rose to 6.69% for the week ended July 17, according to MBA data, up from 6.65% in the previous week.

According to Tasnim News Agency, Iran struck U.S. assets at Prince Faisal and Prince Hasan military bases.

Tesla reported Q2 deliveries of 480,126 vehicles on July 22, up 25% year-over-year and exceeding analyst expectations of 406,000 units. The result marks the strongest growth rate since Q3 2023, driven by new Model Y production ramp-up and global pricing adjustments. Energy storage deployment also surged over 50% to 13.5 GWh. However, the sales rebound masks mounting pressure from the company's AI ambitions. Tesla plans 2026 capital expenditure of $25–26.8 billion—nearly triple 2025's $8.5 billio

The U.S. MBA mortgage application activity index rose 1.9% week-over-week in the week ending July 17, according to MBA data, rebounding from a decline of 2.7% in the prior period.

According to Jin10, Barclays raised Supermicro (SMCI.O) price target from $34 to $38 today.

According to Odaily, South Korea's five major won-denominated crypto exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—saw average daily trading volume decline 89% year-over-year to $305 million as of July 20, down from $2.82 billion in the comparable seven-day period a year prior. Korbit raised approximately $1 million through the sale of 15 BTC and 60 ETH during the period.

According to Tom Lee at Fundstrat, capital tied to the AI sector is rotating from chip stocks into Ethereum as ETH trades at $1,925 and tests the $2,000 resistance level. Lee framed ETH as the new digital infrastructure play for AI-focused portfolios, arguing that decentralized compute and data networks could attract institutional capital previously favoring chipmakers like Nvidia. The thesis gained institutional support when S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Dig

According to Russia's Defense Ministry, the country intercepted 808 Ukrainian drones in the past 24 hours. The statement represents the latest claim from Moscow regarding air defense operations against Ukrainian aerial attacks.

According to Axios, on July 22, Nvidia CEO Jensen Huang said U.S. companies should be able to use Chinese open-source AI models like Kimi and DeepSeek. Huang praised these models as high-performing and cost-efficient, arguing that broader access would lower barriers to AI adoption and increase demand for semiconductor and data center infrastructure. He opposed restricting open-source models on national security grounds, contending that multiple competing models are safer than a single dominant m

According to BlockBeats, on July 22, Bridgewater Associates founder Ray Dalio recalled in a recent podcast that he once advised Elon Musk against investing the majority of his PayPal proceeds into Mars exploration. Musk responded at the time: "No, I don't need to do that." Dalio disclosed that after selling PayPal, Musk received approximately $180 million, which he subsequently invested heavily across multiple ventures: about $100 million to SpaceX, roughly $70 million to Tesla, and around $10 m

According to its shareholder letter, Eternal Limited—the Indian parent company of Zomato and Blinkit—increased investment in Nugget, its enterprise AI platform, in Q1 FY27. The Others product segment posted an EBITDA loss of 940 million rupees (US$9.7 million), compared to 450 million rupees (US$4.66 million) a year earlier. Eternal attributed the quarter-on-quarter loss increase largely to R&D spending as Nugget expanded its AI capabilities. The platform automates workflows across voice and cha

According to The Bitcoin Historian, White House officials stated on July 22 that the Crypto Clarity Act is "very close" to passage, with bipartisan support continuing to grow. The officials noted that negotiations on the bill are progressing positively.

According to iNews24, Alphabet will release earnings on July 23 (Korea time), marking the start of major U.S. tech earnings season. Market participants are closely watching the company's cloud business profitability and 2026-2027 data center capital expenditure guidance. Alphabet's capital expenditure this year is expected to reach $187 billion, more than double last year's spending. Combined with Microsoft, Amazon, and Meta, the four companies' total 2026 CapEx is projected at up to $725 billio

According to Financial News, on July 21, major semiconductor stocks experienced extreme intraday volatility across global markets. Micron surged 12.17% to $970.82, while SanDisk (+14.24%), Intel (+8.64%), and AMD (+8.11%) also posted sharp gains on the New York Stock Exchange. In South Korea, Samsung Electronics and SK Hynix rose 4–6% on the Kospi. This month, semiconductor stocks have shown unprecedented volatility, with Samsung Electronics, SK Hynix, Micron, AMD, and SanDisk recording an avera