Gate Crypto Flash News and Market Updates

According to Smart Finance, as of July 17, the Hang Seng Index's bull-bear street warrant ratio was 45:55. Data from CITIC Securities showed bear warrant open interest concentrated in the 25,300-25,399 range with 871 contracts, up 489 from the previous trading day. Bull warrant open interest peaked in the 24,300-24,399 range with 572 contracts, increasing 361 from the prior session.

According to Smart Finance, Hang Seng Index futures for July closed at 24,917 points on July 17, down 73 points or 0.292%, trading at a 92-point discount.

According to Zhitong Finance, on July 17, Hang Seng Index ADR declined 88.40 points, or 0.35%, to close at 24,920.20, tracking weakness in U.S. equities. Among major blue-chip stocks, HSBC Holdings rose 0.45% to 157.613 HKD, while Tencent Holdings fell 0.75% to 480.350 HKD.

According to CNBC reporting, Elon Musk's AI data centers in Greater Memphis have sparked widespread community backlash and prompted policy crackdowns across the United States over the past two years. Residents near the Colossus and Colossus II facilities complained of noise, emissions, and rising utility bills, while complaints from Memphis residents have influenced policy decisions nationwide. This week, New York Governor Kathy Hochul enacted a one-year moratorium on AI data center construction

According to Morgan Stanley and domestic brokerages, Samsung Electronics and SK Hynix faced downgrade in growth outlooks in recent weeks as concerns about earnings deceleration mounted. On July 10, SK Group Chairman Choi Tae-won disputed bubble narratives, stating AI is "still only 5 years old" and memory chip demand will expand exponentially. Kiwoom Securities lowered Samsung's target price to 390,000 won from 430,000 won, citing slower earnings per share (EPS) growth in the second half. BNK In

According to Marc Boiron, CEO of Polygon Labs, the company announced additional layoffs on Thursday as it finalizes its $250 million acquisition of cryptocurrency exchange Coinme and wallet infrastructure platform Sequence, announced in January. Boiron stated on X that the move reflects Polygon's transformation "from operating as a blockchain foundation into operating as a blockchain-enabled payments company." The cuts follow multiple rounds of layoffs over the past three years affecting more th

Spain defeated France 2-0 in Tuesday's World Cup semifinal, eliminating the largest remaining outright liability for major U.S. sportsbooks, according to Draftkings and Betmgm. BetMGM reported that 94% of the money in its qualification market backed France to reach the final. Fanduel said France had attracted the most money among teams still alive before the match. Polymarket and Kalshi prediction markets settled substantial activity following France's exit, with combined trading volume exceedin

According to the Philadelphia Federal Reserve, the regional manufacturing activity index jumped 31.1 points to 41.4 on July 16, far exceeding analyst expectations of 13.0 and hitting its highest level since April 2021. Meanwhile, the U.S. Labor Department reported that weekly jobless insurance claims for the week ending July 11 fell to 208,000, down 8,000 from the prior week and marking the lowest level since early May. U.S. Treasury yields rose, with the 10-year note climbing 2.20 basis points

According to Yonhapinfomax, oil prices declined on July 16 (U.S. Eastern Time) as negotiations between the U.S. and Iran continued despite Tehran's threat to blockade the Red Sea. August WTI crude fell 0.82% to $78.95 per barrel, while September Brent crude dropped 0.85% to $84.23 per barrel on the New York Mercantile Exchange. Earlier in the session, prices had risen over 1% on reports that Iran instructed Houthi forces in Yemen to block the Strait of Bab el-Mandeb if U.S. forces attacked Irani

According to CME Fed Watch on July 17, the Federal Reserve has an 88.8% probability of holding interest rates unchanged in July and an 11.2% probability of raising rates by 25 basis points. For September, the Fed has a 48.8% probability of maintaining rates, a 46.2% probability of raising rates by 25 basis points, and a 5.1% probability of a 50 basis point increase.

According to reports, TSMC reported record Q2 net profit of 7.066 trillion New Taiwan dollars (approximately $219.9 billion), up 77% year-over-year, and Q2 revenue of $402 billion on July 16. The company also raised its full-year revenue growth guidance from over 30% to slightly above 40%, citing robust AI demand and Agentic AI development. However, the company raised its 2026 capex budget from $520-560 billion to $600-640 billion, citing sustained customer demand and new applications. TSMC's AD

Argentina's Foreign Ministry protested on July 15 against UK naval operations in waters near the Falkland Islands, according to reports from the ministry and state media.

On Thursday, the UK government nationalized British Steel, taking full control of the previously Chinese-owned loss-making company to preserve domestic steel production capability. Prime Minister Keir Starmer stated the decision "secures the future of UK steel manufacturing, protects skilled workers' jobs, and safeguards a critical national capacity."

According to Jin10's tracking, the U.S. conducted its sixth consecutive night of strikes on Iranian targets on July 17, hitting military bases and infrastructure. Iran's Revolutionary Guards claimed strikes on U.S. positions at bases in Kuwait and Jordan, while the Islamic Revolutionary Guard Corps warned that further American threats to Iranian infrastructure would trigger attacks on all regional facilities. Iran's Supreme Joint Military Command stated: if Trump continues threatening Iranian in

According to Xinhua News Agency, Brazil's Foreign Minister Mauro Vieira criticized U.S. Secretary of State Rubio today for attacking President Lula in a "rude and arrogant manner." Vieira stated that the U.S. announcement of 25% tariffs on certain Brazilian products lacks "any valid justification" and carries obvious political motivations.

According to data from Korea Securities Exchange and TimefoliO Asset Management, retail investors in South Korea reversed their ETF trading direction on consecutive trading days in mid-July. On July 15, when the KOSPI index surged 6.24%, retail investors bought inverse ETFs and sold leveraged products. On July 16, as the KOSPI fell 6.37% and SK Hynix plummeted 11.53%, they reversed course, with KODEX SK Hynix Single Stock Leveraged ETF becoming the top net-buy product (265 billion won), while in

According to Iran's Mehr News Agency, twelve explosions were reported in the Bushehr region of Iran today.

According to Brazil's Foreign Minister Vieira, on July 16, the U.S. tariff of 25% on Brazilian imports lacks any factual basis and is driven by political motives. Vieira stated that the American measures are unacceptable, asserting that the investigation under Section 301 of the 1974 Trade Act is a unilateral U.S. procedure with no legitimate justification for tariffs on Brazilian products.

According to Galaxy research head on X, the court scheduled a hearing for September 8 at 2:30 p.m. to review requests for Bitcoin Policy to intervene as a defendant and Digital Chamber to join as an amicus curiae in the Noah Doe case, which involves claims to dormant Bitcoin holdings attributed to Satoshi Nakamoto.

According to CME COMEX data, August gold futures fell $64 (down 1.58%) to $3,987.80 per troy ounce on July 16 in afternoon trading, marking the lowest level since June 30. Iran has instructed Yemen's Houthi militant group to blockade the Red Sea and Strait of Bab el-Mandeb if the U.S. attacks Iranian power facilities, escalating Middle East tensions. Rising geopolitical risk and elevated U.S. Treasury yields have pressured gold prices, as higher interest rates reduce the appeal of non-yielding a