Gate Crypto Flash News and Market Updates

According to Korea Exchange, the KOSPI index fell to 7,291 on July 9, retreating from highs of 9,300 reached in June.

According to The Defiant, Sky protocol's annualized revenue run rate reached $419.08 million in June 2026, setting a new all-time high. This metric extrapolates short-term revenue data to estimate annual revenue trends. DefiLlama data shows Sky generated $30.14 million in fees over the past 30 days, equivalent to approximately $367 million annualized, largely aligning with Sky's official figures.

According to Russia's Defense Ministry, on July 10, Russian forces controlled 7 residential areas and intercepted or destroyed 144 Ukrainian unmanned aircraft across multiple regions and the Black Sea. The Defense Ministry reported conducting one intensive strike and six cluster strikes against Ukrainian military-industrial enterprises and energy infrastructure over the past week. Russian forces also continued mine clearing and sweep operations in the Rozdollivka direction while advancing westwa

According to Perplexity CEO Aravind Srinivas in a CNBC interview, the AI industry is shifting from prioritizing model scale to cost efficiency and task-specific optimization. Companies are building orchestration systems that automatically select the most suitable model for each task rather than using the most powerful model for all applications. Customer service applications may not require expensive models, while complex programming tasks demand higher-tier models, and routine enterprise work c

According to AFP, Kyiv recorded at least 5 explosions on July 11.

According to Cointelegraph, Backpack launched tokenized U.S. stock trading on July 11, initially supporting SpaceX, Micron, and SanDisk. The service covers over 150 countries and regions, with investors receiving direct ownership of underlying securities rather than synthetic exposure. Trading settles instantly and accepts fiat or stablecoin deposits. The tokenized stocks operate on Solana, allowing transfers between wallets and integration with DeFi applications. Holders can exchange tokens 1:1

According to on-chain analyst Yujin, Tether's Bitcoin reserve address deposited 4 BTC (approximately $250,000) to Binance in a test transaction on July 11. The address, funded by 15% of Tether's quarterly profits for BTC purchases, had previously transferred 204.3 BTC ($14.36 million) to Bitfinex about a month ago when BTC traded near $70,000.

According to reports, Apple sued OpenAI on July 10 in the U.S. District Court for the Northern District of California, alleging trade secret misappropriation. The lawsuit also names two former Apple executives who have since joined OpenAI. One defendant served as vice president of product design for iPhone and Apple Watch, working at Apple for 24 years before transitioning to OpenAI.

SpaceX stock plummeted from a peak of $225.64 to $148.30 on July 8, declining 26.5% from its listing high, on the same day the space company officially joined the Nasdaq-100 index on July 7. Since its initial public offering on June 12, the stock has lost more than 35% at its lows. Analysts from major banks including Morgan Stanley and Goldman Sachs issued bullish outlooks on SpaceX following the end of the mandatory quiet period, with Citibank analyst John Godyn setting an optimistic price targ

According to The Block, the U.S. Senate will resume negotiations on the Clarity Act next week following the congressional recess, aiming to advance the bill before the August break and midterm elections. The House passed its version last year, and the Senate Banking and Agriculture Committees have each approved their respective versions. Legislative staffers are merging the texts, with a new version expected as early as next week. The time window is narrow, with only the remainder of July and th

According to SoSoValue data, 21Shares Solana ETF (TSOL) saw net inflows of $150,500 on July 10, marking the sole inflow among U.S. SOL spot ETFs yesterday. SOL spot ETFs hold total assets under management of $901 million as of writing, with cumulative historical net inflows reaching $1.136 billion.

According to Beating monitoring, Cursor released version 3.11, introducing side panel chat and conversation search. Users can open a separate chat inheriting context from the main Agent to ask follow-up questions, research, or verify ideas without interrupting the primary task. Side panel conversations are permanently retained and can be referenced back to the main thread via @ mentions. Cursor also supports searching past Agent conversations using local indexing. The cloud Agent now accepts new

According to The Block, Kraken is relaunching its mobile app with AI-powered agent trading as the core user experience. The exchange's intelligent system includes autonomous AI agents that monitor market conditions and suggest trades based on user-defined investment goals. The agents can follow instructions and learn from trading outcomes. Kraken's agent system will deliver market insights and investment recommendations tailored to user portfolios and preferences while implementing risk controls

According to China Meteorological Administration, Typhoon Bawei strengthened to super typhoon status on July 11 at midnight, with maximum sustained winds of 14 levels. As of 6 a.m. on July 11, the storm center was located about 540 kilometers southeast of the Zhejiang-Fujian border, moving northwest at 30-35 kilometers per hour. The typhoon is expected to make landfall along the coast between Taizhou, Zhejiang and Fuding, Fujian early on July 12 at super typhoon or typhoon strength (winds of 13-

According to CoinMarketCap, CASHCAT, a meme coin on the Robinhood blockchain, surged approximately 3,000% to $0.1167 on July 10, reaching a market cap of $116.78 million in just one week. The rally follows the launch of the Robinhood mainnet on July 7, which triggered investor inflows into early ecosystem meme coins. Robinhood CEO Vlad Tenev amplified momentum on July 8, posting on X that "Robinhood chain works great for memes too," sparking a wave of profit-taking screenshots across social medi

According to CME FedWatch, the Federal Reserve has a 66.3% probability of holding interest rates unchanged in July, while markets price in a 33.7% chance of a 25 basis point rate hike. Looking ahead to September, the probability of unchanged rates falls to 31.0%, with a 51.1% chance of a cumulative 25 basis point increase and an 18.0% probability of a 50 basis point cumulative hike.

According to Onchain Lens, the U.S. government transferred 4,036 ETH (approximately $7.22 million) from a BTC-e seized wallet to a new address early on July 11. BTC-e, a cryptocurrency exchange shut down by U.S. authorities in 2017, had been subject to government asset seizure due to its operators' involvement in money laundering.

According to Bloomberg, on July 10, the U.S. Office of the Comptroller of the Currency (OCC) approved Circle Internet Group's plan to establish Circle National Trust, a national digital currency trust bank for USDC custody and settlement. The approval grants Circle federal oversight under a single charter rather than state-by-state regulation. USDC, the world's second-largest stablecoin with a market capitalization of approximately $73.3 billion, will be supported through the new trust bank. Cir

SPDR Gold Trust, the world's largest gold ETF, saw its holdings decrease by 3.199 tons compared to the previous day, bringing total holdings to 1,002.449 tons.

According to CBS, on July 11, Iranian officials privately told Trump administration advisors that Iran's attack on commercial vessels in the Strait of Hormuz was an "internal mistake" caused by hardliners attempting to sabotage negotiations. Iran expressed willingness to continue talks, though the White House has called on Iran to publicly acknowledge the error. The Trump administration views the attacks as violations of ceasefire arrangements. Trump has instructed Vice President Vance, son-in-l