Gate Crypto Flash News and Market Updates

The Dallas Federal Reserve's Business Activity Index climbed to 1.3 in July from 0 in the prior month, marking a return to positive territory.

According to Circle, the stablecoin issuer acquired IBM's blockchain patent portfolio on July 27, comprising over 680 patent families and nearly 1,000 issued patents worldwide. The acquisition makes Circle the largest blockchain patent holder in the United States. The deal covers foundational blockchain technology, banking, financial services, supply chain verification, and cloud operations. Circle's USDC stablecoin had a supply of $74 billion as of July 27, and CRCL shares rose over 5% followin

According to mpost.io, blockchain security firm CODESPECT officially launched SpecSiege on July 27, 2026, a curated audit contest platform designed to provide a second layer of scrutiny for Web3 protocols after initial security reviews. The platform connects up to 50 hand-picked security researchers with production codebases in a controlled, competitive environment with fixed reward pools. CODESPECT's first contest, focused on an ERC-6909 bond platform, has already concluded, with payouts distri

On July 27, Circle Internet Group announced the acquisition of over 680 patent families and nearly 1,000 granted patents from IBM's blockchain patent portfolio. Circle shares rose 2.8% during premarket trading following the announcement, while IBM shares gained 1.6%. Financial terms of the transaction were not disclosed. The acquired patents cover banking, financial services, insurance, enterprise infrastructure, supply chain verification, and secure cloud operations. According to Circle, the in

U.S. storage chip stocks declined sharply on July 27, with the sector index down over 7%. SanDisk fell 9.2%, Teradyne dropped 5.2%, Western Digital declined 5%, Seagate fell 4.4%, Micron slipped 4.3%, and Rambus fell 4.3%. SK Hynix ADRs extended losses to 6%, trading at $145.44 per share and marking an all-time low with a market capitalization of $1.06 trillion. The Philadelphia Semiconductor Index also declined over 3.7%.

The Federal Reserve Bank of Dallas reported that its commercial activity index reached 1.3 in July, up from 0 in the previous month.

According to Saudi Ministry of Defense statement on July 27, Saudi air defenses intercepted multiple unmanned drones attempting to target oil facilities in eastern regions and Riyadh. Defense Ministry spokesman Turki Al-Maliki said the drones were launched from Iraqi territory and were operated by Iran-backed militias. Al-Maliki stated Saudi Arabia reserves the right to respond at the appropriate time and place.

According to Goldman Sachs data released on July 27, U.S. households, pension funds, insurance institutions, and investment funds reached a historic 65% stock allocation, up approximately 31 percentage points from post-2008 financial crisis lows and exceeding internet bubble peak levels. G10 countries' similar investors also increased allocations to about 57%, approximately 12 percentage points above previous cycle highs.

According to Bloomberg data, crypto exchange-traded products (ETPs) received $183.4 million in net inflows over the past week. The products saw $148.8 million in inflows over the past month and $14.3 billion over the past year. Crypto ETPs currently manage $117.9 billion in assets under management.

According to HSBC's report, economist Paul Mackel stated that the U.S. Federal Reserve's decision this week is unlikely to provide a new catalyst for dollar strength unless the Fed unexpectedly raises interest rates. With Fed Chair Waller acknowledging inflation remains above target while reaffirming the commitment to price stability, any meeting outcome aligned with these views would not likely trigger significant dollar appreciation, as markets have already priced in rate hikes later this year

According to Bank of America Securities equity strategist Savita Subramanian, 80% of S&P 500 companies that have reported Q2 earnings have beaten per-share earnings (EPS) expectations, the strongest beat rate since 2021. EPS growth is currently tracking at 24%, up 2 percentage points from July 1 data. Bank of America projects that as more companies report earnings, year-over-year EPS growth will reach 28%.

According to Jordan's Ministry of Foreign Affairs, on July 27, Deputy Prime Minister and Foreign Minister Ayman Safadi is holding broad-level talks with UN Secretary-General António Guterres.

According to Tempo, the blockchain wallet platform recently announced a partnership with MoonPay to enable fiat-to-stablecoin conversions. PathUSD and USDC.e are now available on MoonPay's Ramps and Virtual Accounts, while MoonPay Headless has been integrated as a native on-ramp option in Tempo Wallet, allowing users to complete fiat-to-stablecoin transactions without leaving the wallet interface.

According to Bitget market data, crypto-related U.S. equities showed mixed performance over the past 24 hours. MSTR (MicroStrategy) led gainers with a 1.75% increase, while MARA (Marathon Digital) was the largest loser, declining 4.00%. Other notable movers included BMNR up 1.67%, BTGO up 0.81%, COIN up 0.76%, and RIOT down 3.67%.

According to Bybit, Micron Technology (MU) stock price fell over 4% to $881 per share on July 27, with market capitalization dropping below the $1 trillion threshold to $994 billion.

According to Chainlink's official announcement on July 26, the blockchain infrastructure provider launched eight new integrations across three blockchain networks, leveraging its Cross-Chain Interoperability Protocol (CCIP) and Automated Compliance Engine (ACE). The integrations involve ecosystem participants including Aave and CaliberCo, and are designed to enhance cross-chain asset transfers and support compliant real-world asset tokenization. CCIP facilitates secure communication and asset mo

According to official announcement, TownSquare's $200 million Sonar public offering completed on Sunday evening (July 26) Singapore time with 200% oversubscription. The offering marks the highest oversubscription for a Sonar fundraising round outside of MegaETH so far this year. Due to the oversubscription, allocation settlement will proceed in order from smallest to largest amounts according to proportional rules.

According to BlockBeats, Liquid Capital founder Yi Lihua said on July 27 that Bitcoin faces resistance near $67,500, with a strong breakout needed to sustain a rally. He maintained his view of gradually accumulating during July and August ahead of the next bull market cycle. In related news, Yi highlighted AI chip company AGPU's latest $1.5 billion contract announcement, bringing total contracts to over $3 billion. He noted the funding approach is non-dilutive to shareholders and expects the con

According to Morningstar analyst Brian Colello, Nvidia's valuation has dropped to a 5-year low as the stock trades at $212 amid 2026 gains of only 10%, creating long-term investment opportunities. Colello estimates Nvidia's fair value at near $280 based on 2029 estimated revenue at 16 times forward multiple, implying the market has priced in excessive pessimism about post-2027 growth stagnation. Nvidia's EV/EBITDA multiple currently stands at 17 times next year's expected earnings, compared to a

According to Coinbase's statement on X, the exchange is upgrading its DEX experience with a new Launches tab that allows users to find and trade newly listed tokens on Base or Solana immediately after their on-chain deployment.