Gate Crypto Flash News and Market Updates

According to BlockBeats citing supply chain sources, PC brands have accelerated orders for Changxin Storage memory with shipments booked through the end of 2027 as the Chinese chipmaker's IPO enters final stages on July 17. Major manufacturers including Dell, HP, Lenovo, and Apple have completed product testing, though supply allocation will depend on quotas assigned by the company, with larger customers expected to receive priority shipments.

On July 17, Iran's Revolutionary Guards warned the United States and countries hosting American military bases that further attacks on Iran will trigger "more devastating" retaliatory strikes.

According to Alipay, StepFun and Alipay announced on July 17 at the World Artificial Intelligence Conference in Shanghai a system-level partnership enabling users to access AI-powered services on Alipay's Ah Bao through StepFun's AI agents via Alipay's Agent Hub-Access system. In a demonstration, StepFun's Amoo agent on the StepX Neo smartphone handled a request to find a nearby electric vehicle charger and order coffee, activating relevant agents on Ah Bao and generating an order for user confi

According to Bloomberg, Barclays strategists on Thursday recommended positioning for a narrowing spread between the Bank of England policy rate and the European Central Bank deposit rate in December, as they expect the BoE to raise rates less than the ECB this year. In a report, fixed income strategists Moyeen Islam and Rohan Khanna said that if U.S.-Iran negotiations resume and energy prices decline, markets will likely reduce rate hike expectations for the BoE faster than for the ECB, given th

According to Iranian media reports, Iran's Revolutionary Guards stated that a U.S. military facility was destroyed in a missile strike on Jordan's Prince Faisal Air Base.

The Philadelphia Semiconductor Index dropped 4.3% on July 16, marking a 19% decline from its June 22 peak and approaching the 20% threshold for a technical bear market. All 30 component stocks declined, with the index recording a week-to-date loss of 8.43%, its worst weekly performance since last year's tariff-related selloff. Individual chipmakers faced sharp pressure, including Taiwan Semiconductor Manufacturing Company, with Asian markets following suit as Japan's Nikkei 225 fell 4%.

According to Guizang Finance, Pagebio-B (02565), Tengrui Pharma, and Alibaba Health (00241) signed a strategic cooperation agreement on July 17 to accelerate the commercialization of Pardaxin (vidpanatide injection), an original Chinese innovative drug for treating adult type 2 diabetes. Under the partnership, Pagebio will handle research and development and product supply; Tengrui Pharma will lead national commercial promotion, market access, and channel development; Alibaba Health will provide

According to Bloomberg, Chinese optical transceiver maker Eoptolink filed confidentially for a Hong Kong share sale today (July 17) that could raise between US$4 billion and US$5 billion. Morgan Stanley has joined Citic Securities and JP Morgan Chase as underwriters, though the offering size could still change. Eoptolink is pursuing the listing as AI data center spending boosts demand for transceivers connecting graphics processing units in AI clusters. The company's Shenzhen shares have risen n

According to HyperliquidNews, trader @tradeparagon acquired 510.69 HYPE tokens to purchase CRDO HIP-3 trading code, valued at $30,300.

According to PPP prediction market tool, account suntori purchased $100,000 in T1 to beat HLE futures on July 17 at 34.1¢ per share, amassing 309,035.8 shares. The account also holds $25,000 in HLE to beat T1 futures for Game 1 at 61.3¢, suggesting a mixed hedge strategy. The BO3 match begins at 7:00 PM UTC today.

According to Odaily, Goldman Sachs raised Robinhood's price target to $137 from $121, maintaining its 'Buy' rating.

According to Xinhua News Agency, China's meteorological authority on July 17 officially delivered the MAZU 2.0 intelligent weather warning system to Djibouti, upgrading spatial forecasting resolution to 3 kilometers from 9 kilometers and extending forecast coverage to 3 days with 6-hourly updates. The 2.0 system, featuring integrated weather chips and forecast models, will work in coordination with the 1.0 version donated in 2025 to create an end-to-end monitoring and warning solution. The syste

According to Jin10, Iran's Foreign Minister Abbas Araghchi criticized U.S. policy today (July 17), saying the United States warns against foreign influence while overlooking how Israel influences American authorities to pursue an unwinnable war. Araghchi further alleged that Israel uses U.S. taxpayer funds to suppress critics in America.

According to Zhitong Finance, on July 17, northbound investors recorded a net outflow of 14.57 billion Hong Kong dollars in Hong Kong stock market trading. Among these, Shanghai-Hong Kong Stock Connect saw net inflows of 19.1 billion HKD, while Shenzhen-Hong Kong Stock Connect recorded net outflows of 33.67 billion HKD. Top stocks receiving northbound net inflows were Tracker Fund of Hong Kong (02800) with 29.75 billion HKD, Fidelity Nan Fang HSI Tech ETF (03033) with 9.71 billion HKD, and Xiaom

Gate News message, monthly RWA trading volume on decentralized perpetual exchanges reached $110 billion in June, up 28.2% month-over-month and nearly 4.8 times the volume recorded in January. Public Equities represented the largest segment with $43.2 billion in trading volume during June.

Circle stock fell 6% on July 17 after Visa announced preparations for a stablecoin platform supporting Open Standard's OUSD, intensifying competition for Circle's USDC in global payments. Visa's platform will provide banks, fintech firms, and merchant clients access to USD-pegged tokens for treasury, settlement, and money movement, leveraging Visa's network of over 200 million merchants globally. The move comes as Circle secured regulatory approval on July 10 from the OCC to establish a national

According to the French government, France announced a National Resilience Plan for rare earths and permanent magnets in May 2026 to secure critical metal supplies and reduce dependence on overseas supply chains. The plan aims to rebuild a complete production chain spanning rare earth separation, alloy manufacturing, and permanent magnet production, with 2030 targets including meeting 100% of Europe's heavy rare earth demand, 25% of light rare earth demand, and supplying approximately 10% of Eur

According to ChainCatcher, Michael Saylor recently stated on X that fiat currency is the problem, while strengthening Bitcoin through companies, institutions, securities, and technology represents part of the solution. Saylor added that people should discuss viewpoints without mistaking allies for adversaries.

At the 2026 World Artificial Intelligence Conference, panelists including Xue Lan (director of Tsinghua University's Institute for AI Governance), Nicholas B. Dirks (president and CEO of the New York Academy of Sciences), and Mark Nitzberg (executive director, UC Berkeley's Center for Human-Compatible Artificial Intelligence) discussed AI agent governance. According to the panel, AI is shifting from "assisting judgment" to "autonomous action," requiring expanded accountability chains across deve

According to Hyperinsight, after Korean market close today, Hynix ADR (SKHY) on Hyperliquid declined to $148.5, down 10.5% in 24 hours. Meanwhile, Korean-listed Hynix (SKHX) fell to $1,134, dropping 8.9% over the same period.