Gate Crypto Flash News and Market Updates

According to U.S. officials on July 10 and 12, American negotiators will not travel to Oman to attend direct talks with Iran. The U.S. technical team will not be present on site but will maintain contact with Oman and Qatar as developments unfold. Additionally, U.S. officials stated that Iran did not commit to halting attacks on ships in the Strait of Hormuz as the American side had anticipated. According to Iranian sources, Oman and Iran officials discussed a 'vessel safe passage mechanism' and

According to Iran, on July 11, Tehran released satellite imagery claiming to show the Iranian missile strike on Muwaffaq Salti Air Base in Jordan. The images show at least two facilities at the base were hit, with Iran claiming a U.S. aircraft hangar was destroyed. The strike follows what Iran said were repeated U.S. violations of a ceasefire agreement.

Gate News message, a previously tracked $12.43M ETH short position has been partially liquidated. According to Onchain Lens, the whale initially deposited approximately $500K to Hyperliquid and opened the short position with 6,914 ETH at 25x leverage, with an entry price of $1,790.36. The position has now been closed in stages: 109.71 ETH closed with a loss of $3.6K, approximately $2.49M partially liquidated with a loss of $50.6K, and the remaining 5.44K ETH short closed with a loss of $148.6K.

According to Oman's Foreign Ministry, on July 11, Oman drafted a proposal to manage vessel traffic through the Strait of Hormuz using two separately managed corridors. The plan follows agreement between Oman and Iran to continue consultations at both technical and political levels.

According to National Assembly President Jorge Rodriguez, two earthquakes that struck Venezuela on June 24 have killed 4,333 people and injured 16,740, as of July 11. Authorities have recorded 1,202 aftershocks since the initial tremors.

According to Odaily, Bitcoin developers plan two fork events in 2026. Developer Paul Sztorc intends to launch eCash as a hard fork, projected to activate around block height 964,000 in late August. Additionally, the controversial BIP-110 soft fork proposal may cause unintended chain split during its August signaling window. Bitcoin chain splits would duplicate the UTXO set, allowing holders to receive 1:1 assets on both ledgers. Self-custodied holders controlling private keys at snapshot time ca

The Bitcoin Policy Institute intervened as a defendant in a New York lawsuit seeking to claim approximately 3.7 million Bitcoin as abandoned property under state law. According to Galaxy Research, the targeted coins are valued at nearly $274 billion, though plaintiffs led by pseudonym Noah Doe cannot access any of them—they hold no private keys. The institute filed 15 affirmative defenses and plans to dismiss, arguing the claim would allow anyone to seize self-custodied Bitcoin held for more tha

Nine AI models forecasted Bitcoin's price on August 1 at the request of Bitcoin.com, with eight clustering between $63,420 and $67,940, while Pi AI's outlier estimate reached $89,359 on July 10. The models—ChatGPT 5.6 Sol, Claude Fable, Deepseek, Grok, Meta AI, Gwen, Kimi, and Gemini—employed distinct mathematical frameworks including geometric Brownian motion, momentum-volatility decay, and seasonality-adjusted models. Eight predictions suggested modest consolidation rather than decisive breako

According to Bonzo's preliminary incident report, Bonzo Lend, a decentralized lending protocol on Hedera (HBAR), was exploited for approximately $9.05 million late Friday ET after an attacker submitted a manipulated price update to Supra's oracle verifier. The attacker exploited a flaw in the verifier's signature validation logic—the contract accepted a price update carrying a cryptographic signature made entirely of zeros, which should have been rejected immediately. Within seconds, the wallet

According to Hyundai Card, Hyundai Motor completed its first live stablecoin remittance on the Avalanche blockchain in early July, transferring $20,000 from Hyundai Motor America to Hyundai Motor Mexico using Tether's USDT stablecoin. The transfer took an average of 7 minutes, compared with 3 to 4 hours typically required through traditional banking networks. The pilot involved converting dollars into USDT, moving the stablecoin onchain, and converting funds back into dollars at the receiving en

According to Odaily, Sui announced on July 11 that its Tunnels AI agent experiment achieved a record-breaking throughput of 6.09 million transactions per second (TPS), surpassing the target of 1 million TPS. The breakthrough aims to advance agent-based applications on the Sui network.

According to Oman News Agency, Oman and Iran agreed to continue technical and political negotiations to reach a Strait of Hormuz navigation agreement within the framework of international law.

According to a recent video statement, Patrick Shyu, a former tech lead at Google and staff engineer at Meta, sold all his Bitcoin in June 2026 after suffering massive losses from a 50% crash that saw BTC fall from $126,000 in October 2025 to the low $60,000s. Shyu cited two critical risks: first, the exhaustion of miner incentives as 95% of Bitcoin is already minted and transaction fees have failed to replace block subsidies; second, potential quantum computing threats that could expose older b

On Thursday, the Federal Reserve named Xbox CEO Asha Sharma to its Productivity and Jobs task force, which will examine artificial intelligence's impact on employment and economic productivity. Sharma joins Marc Andreessen of Andreessen Horowitz and Stanford economist Charles I. Jones on the group. The appointment comes days after Sharma announced Xbox's largest restructuring in history, eliminating approximately 3,200 roles through fiscal year 2027.

According to Bitcoin.com News, the Bitcoin Policy Institute filed an intervention motion on July 10, 2026, in the $293 billion wallet case before New York County Supreme Court Justice Kathy J. King. BPI, which holds a portion of its treasury in long-term self-custody bitcoin reserves, argues it faces potential claims under New York's lost property statute if plaintiffs succeed in claiming ownership of 39,069 dormant bitcoin addresses. BPI's motion, represented by White & Case partner Rachel Rodm

According to the company's filing, Empery Digital sold 1,400 bitcoins for approximately $87.1 million over the past 2 months, with the average sale price of $62,200 per bitcoin since May 7. This marks the company's largest reduction of its bitcoin holdings to date. The Nasdaq-listed firm plans to use the proceeds to repay $10 million in outstanding debt and fund a $65 million commitment to an AI data center project, securing a 25% ownership stake in a Hunt Properties-affiliated venture acquiring

According to Bitcoin.com News and data from Sosovalue, U.S. spot bitcoin ETFs recorded $90.44 million in combined net inflows on July 10, marking the category's first positive week since May. BlackRock's iShares Bitcoin Trust (IBIT) led the rebound, absorbing $86.83 million of the total, while Vaneck's HODL fund added $3.61 million. Spot ether ETFs pulled in $18.43 million the same day. Cumulative net inflows across all bitcoin ETF products since their launch in January 2024 stand near $51.3 bil

According to Iran's semi-official Fars News Agency, Iran on July 11 rejected U.S. President Donald Trump's proposal to negotiate without a ceasefire, insisting a truce must precede any talks. The agency reported that Iran has not requested negotiations with the U.S. and will not engage in any talks unless the American side first fulfills previously agreed conditions, with a ceasefire as the prerequisite outlined in the initial memorandum of understanding. Iran's Supreme Leader Ayatollah Seyyed M

According to Iran's Islamic Republic News Agency (IRNA), explosions were reported in the northern Iraqi regions of Erbil and Sulaymaniyah.

According to Qatar's Foreign Ministry statement on July 12, Qatar's Prime Minister and Foreign Minister spoke with Jordan's Deputy Prime Minister and Foreign Minister to discuss escalating U.S.-Iran tensions. Both sides stressed the importance of diplomacy and de-escalation efforts. Qatar called for implementation of a U.S.-Iran memorandum of understanding and emphasized the need to preserve freedom of navigation in the Strait of Hormuz.