Gate Crypto Flash News and Market Updates

According to Injective's official announcement, the native INJ token is now trading on Coinbase. Users can trade INJ on the exchange and deposit the token directly into the Injective ecosystem through Coinbase's deposit functionality.

According to Korean Economic TV, LS Electric posted record second-quarter revenue of 1.577 trillion won (up 32% year-over-year) and operating profit of 178.5 billion won (up 64%) on July 24, driven by surging AI datacenter demand. New orders soared 243% to 2.0835 trillion won, the highest quarterly figure, with the company raising its full-year new order guidance from 4.1 trillion won to 6-6.5 trillion won. Multiple South Korean brokers raised price targets following the results. Hana Securities

According to BlockBeats, on July 24, the combined off-balance-sheet AI-related debt of Alphabet, Microsoft, Amazon, Meta, and Oracle reached $1.65 trillion, up approximately eight-fold from four years prior and exceeding their combined on-balance-sheet liabilities of $1.35 trillion. Under U.S. GAAP accounting standards, certain undelivered equipment purchases and unused data center leases are not required to be immediately included on balance sheets, with these future obligations typically discl

According to SoSoValue data, Ethereum spot ETFs saw total net inflows of $26.32 million on July 23 (U.S. Eastern Time), marking the fifth consecutive day of inflows. Fidelity's FETH led the gains with $14.93 million in single-day inflows, bringing its cumulative net inflows to $2.15 billion. BlackRock's ETHA followed with $8.49 million in daily inflows and a historical total of $11.46 billion. Overall, Ethereum spot ETF assets under management reached $10.32 billion.

According to ChainCatcher citing SoSoValue data, Bitcoin spot ETFs recorded total net outflows of $225 million yesterday (July 23). Morgan Stanley's MSBT led inflows with $5.01 million, bringing its historical total to $400 million. BlackRock's IBIT saw the largest outflows at $202 million, despite maintaining historical cumulative inflows of $60.607 billion. The total assets under management for Bitcoin spot ETFs currently stand at $78.817 billion.

According to ChainCatcher, Ethereum spot ETFs saw net inflows of $26.32 million yesterday (July 23), extending a five-day inflow streak. Fidelity's FETH led individual funds with $14.93 million in single-day inflows, bringing its total net inflows to $2.149 billion; BlackRock's ETHA followed with $8.49 million, reaching $11.463 billion in cumulative inflows. The combined asset value of Ethereum spot ETFs stood at $10.32 billion, representing 4.53% of Ethereum's total market cap. Cumulative net i

According to ZhiTong Finance, the Hang Seng Index fell 1.27% to 24,891 points at midday on July 24, while the Hang Seng Tech Index declined 1.69%. Midday trading volume reached 117.1 billion Hong Kong dollars. Rising oil prices due to Middle East tensions have fueled inflation concerns and reignited expectations for U.S. rate hikes this year. Hong Kong bank stocks bucked the downtrend, with higher net interest margins anticipated to support the sector. Real estate stocks fell across the board as

According to Herald Economic, SK Shields has selected Genesis Private Equity as the preferred negotiation partner for the sale of its subsidiary Capstech, a staffing firm, as of July 24. Genesis PE is completing due diligence and stock purchase agreement is expected as early as August.

According to onchain analyst EmberCN, KULRTech transferred 145.8 BTC (approximately $9.45 million) to Coinbase Prime 5 hours ago. Over the past three months, the company has reduced its Bitcoin reserves from 1,021 BTC (approximately $101 million) to just 100 BTC (approximately $6.47 million), with an average purchase price of $98,923 per BTC and an average selling price of $74,368 per BTC, resulting in a cumulative loss of $22.62 million. The company has delisted its Bitcoin treasury page from i

According to LPL Financial, the S&P 500 has risen in all 18 periods following U.S. midterm elections since 1954, with an average gain of 18.2%. Chief equity strategist Jeff Buchbinder noted that while midterm election years historically show below-average market performance (4.6% average return), uncertainty peaks ahead of elections and declines once results are known, shifting investor focus to economic fundamentals such as growth, corporate earnings, and monetary policy.

According to the U.S. Department of Labor, the number of Americans filing initial jobless claims for the week ending July 18 fell to 187,000 on a seasonally adjusted basis, the lowest level since September 1969. This represents a decrease of 22,000 claims from the previous week. Economists note that despite widespread predictions of mass layoffs from artificial intelligence adoption, labor market conditions remain unusually resilient, with historically low jobless claims indicating subdued termi

According to Iranian officials, the Isfahan province in Iran came under attack by the United States on July 24 at approximately 3 a.m. local time, with the city of Nain affected. The extent of casualties and infrastructure damage remains unclear at this time.

According to JinLian Create, on July 31, China's gasoline and diesel retail prices are expected to rise by more than 0.08 yuan per liter as international crude oil remains supported by Middle East geopolitical tensions. Refineries report stable feedstock supplies with increased restocking demand from downstream buyers. Limited wholesale quota policies from major refineries are further supporting market prices amid reduced inventory pressure.

According to Bank of America report issued on July 22, Nvidia released its Vera CPU architecture featuring 88 custom ARM cores and 1.2TB/s memory bandwidth, emphasizing that single-core performance determines AI agent response speed. AMD responded on Thursday during its AI Day, stating that its EPYC 9965 delivers 2.4 times higher rack-level throughput than Vera under 100kW deployment, arguing that concurrent throughput defines production-grade AI efficiency. Bank of America noted that the underl

According to a report by CoinRabbit and GoMining, Bitcoin mining companies are increasingly shifting their strategy post-halving, moving from direct coin sales to collateralized lending to cover operational expenses. The report notes that with block rewards fallen to 3.125 BTC and network difficulty near historical highs, low electricity costs and high uptime alone no longer determine survival; the critical differentiator is how miners manage their Bitcoin after mining it. Collateralized lending

According to Yonhap Infomax, WTI crude oil futures prompt spread rose to $5.18 on July 23, marking its highest level since May 1 after climbing approximately $4.5 this week. The prompt spread measures the price difference between nearest-month and next-month crude oil futures contracts; a higher positive spread signals tightening near-term supply. The rally accelerated this week after Yemen-based Houthi forces declared a blockade of the Red Sea and began attacking Saudi Arabian tankers, reviving

According to UBS Asset Management on July 23, core inflation pressure continues to ease, with June consumer price index data showing core inflation declining month-over-month for the first time since 2020. The asset manager noted that the 10-year inflation break-even rate (BEI) fell to 2.25% from 2.5% in May, while University of Michigan consumer surveys showed inflation expectations for the next year declined, with five-year expectations at their lowest level since March. UBS expects the Federa

According to BitcoinTreasuries.NET, South Korea's Mirae Asset Global Investments increased its MSTR (MicroStrategy) holdings by 25,573 shares, worth approximately $2.42 million, on July 24. The company now holds 135,951 MSTR shares valued at approximately $12.87 million.

According to Jin10, the overnight CNH HIBOR fell 10 basis points to 1.28061% on Friday, hitting its lowest level since June 5. Meanwhile, Hong Kong Monetary Authority's 300 billion yuan intraday repurchase facility utilization exceeded 30%. Other tenors showed mixed movements: one-week HIBOR slipped to 1.41758%, two-week HIBOR rose to 1.43606%, and one-year HIBOR gained to 1.70091%.

ANZ maintained its Brent crude oil price forecast at $92 per barrel for the end of the third quarter of 2026, reflecting uneven recovery in Persian Gulf oil flows.