Gate Crypto Flash News and Market Updates

According to Reuters calculations, Russia's seaborne refined oil exports declined 27% month-on-month in June.

According to Beating, Omar Yaghi, who won the 2025 Nobel Prize in Chemistry, has left UC Berkeley to join Tsinghua University as a chair professor. He will lead the establishment of AIMATRY (AI Materials Chemistry Research Center), bringing together teams from chemistry, chemical engineering, artificial intelligence, computer science, and materials science. The center aims to use AI to redesign materials development and synthesis, compressing the timeline for new material research by one order o

According to SoSo Value, U.S. spot Bitcoin ETFs recorded net inflows of $197 million between July 6 and 10, breaking an eight-week outflow streak. On July 6 alone, ETFs posted $265.7 million in inflows, the largest since early May. BlackRock's IBIT led the week with $351 million in total inflows, while Bitcoin's price fluctuated between $63,650 and $64,400, closing at $62,758.75.

According to X, on July 13, hackers compromised verified SpaceXAI and Starlink X accounts to promote the SCATMAN memecoin. The attackers had pre-minted 10 trillion SCATMAN tokens and dumped their holdings for 73.7 ETH, worth approximately $135,000. The token briefly reached a $2 million market capitalization before liquidity disappeared and its value collapsed by 98%, leaving only $3,900 in liquidity within 24 hours.

According to founder Hayden Adams, Uniswap's fee switch went live today, July 13, with the protocol generating approximately $5.2 million in daily fees, ranking second globally behind only Tether and Circle. UNI traded near $3.50. Protocol fees now accumulate onchain and can only be claimed through UNI burns, automatically directing revenue to token buybacks and burns rather than a treasury. The mechanism is already operational across v2 and selected v3 pools on 11 chains, with liquidity provide

According to Lookonchain, K3Capital withdrew 10,000 ETH (approximately $17.85 million) from Binance, while Abraxas Capital withdrew 6,948 ETH (approximately $12.42 million) from Binance and Bitfinex combined, totaling 16,948 ETH worth approximately $30.27 million.

According to Barclays analysts, on July 13, UK government bond yields face further upside risk amid political uncertainty following Keir Starmer's departure in June. Andy Burnham is widely expected to succeed Starmer as Prime Minister on July 20, pending no internal Labour Party challenges. Barclays noted that the UK's weakened public finances could pose challenges for the incoming leader. UK gilt yields have risen more sharply than their eurozone counterparts amid broader global bond selloff pr

Pepperstone has expanded its perpetual CFD offering beyond digital assets to traditional financial instruments including Gold, Silver, Nasdaq, S&P 500, WTI Crude and Brent Crude, positioning itself among the first regulated CFD brokers to bring perpetual market mechanics to conventional asset classes. The broker's perpetual CFD infrastructure allows clients to maintain leveraged exposure indefinitely through continuous funding payments, reflecting broader industry movement toward 24/7 market acc

According to Yonhap Infomax, on July 13, South Korea's government bond yields rose amid heightened geopolitical tensions, with the 3-year yield climbing 4.1 basis points to 3.809% and the 10-year yield increasing 3.3 basis points to 4.263%. The yield curve flattened as mid-term rates outpaced longer-term rates following escalating military conflicts between the U.S. and Iran. Afternoon weakness eased as the Kospi index fell about 9%, prompting safe-haven demand that supported bond prices and att

According to the Central News Agency, Tai Fung Rubber announced today (July 13) plans to invest NTD 250 million in purchasing ordinary shares of affiliated company Nan Gang Rubber through block trading at market prices. The year-to-date accumulated acquisition will reach NTD 300 million. Tai Fung aims to generate non-operating revenue and boost company profits by deploying idle capital effectively.

According to Jin10, Hisun Pharmaceutical received an IND application acceptance notification from China's National Medical Products Administration on July 13 for HSK60002 tablet, a self-developed oral small-molecule drug candidate for inflammatory diseases classified as a novel chemical drug. Preclinical research showed significant efficacy activity in relevant animal models.

According to Morgan Stanley's July 10 report, the combined capital expenditure of Microsoft, Google, Amazon, Meta, and SpaceX on AI infrastructure is expected to reach $1.4 trillion by 2028, representing over 3x growth from 2025. Available computing capacity will expand from 30GW to 120GW. Meta stands out as the top pick, with Capex projected at $225 billion in 2027 and $250 billion in 2028. Morgan Stanley highlighted Meta's API monetization advantage: its Muse Spark 1.1 pricing undercuts compet

According to Yonhapinfomax, South Korea's FX swap points rose across all tenures on July 13, with the 1-year term closing at -14.10 won, up 0.50 won from opening price. The 6-month and 3-month tenures rose to -7.30 won and -3.35 won respectively. A dealer at a major Korean bank attributed the gains to strong Sell&Buy demand driven by expectations of a Bank of Korea rate hike on July 16 and anticipated U.S. inflation moderation, which narrowed the Korea-U.S. interest rate differential.

According to Herald Business, on July 10, Seoul Central District Court ruled that Koryozing's restriction of Young Poong's voting rights at an extraordinary shareholders' meeting in January 2025 was illegal. The court found that Park Ki-deok, Koryozing's chief executive officer and meeting chair, breached his duty of care by limiting Young Poong's voting rights on 25.42% of shares without legal grounds. The court ordered Park to pay Young Poong 100 million won in damages plus interest. The court

Meta announced on Monday that its Louisiana Hyperion data center project will cost over $50 billion and reach 5GW capacity, up from the $27 billion and 2GW originally planned when the joint venture with Blue Owl Capital was formed in October 2025. The expansion in Richland Parish is supported by Louisiana's 20-year sales tax exemption for data centers built before 2029, according to Meta's blog post.

According to the Kremlin on July 13, Russia accused member nations of the Paris Coalition of wanting the Ukraine conflict to persist. The Russian government also stated that these countries conduct hostile actions against Russia.

NinjaTrader has appointed Brian Weis as its first Chief Innovation & AI Officer, a newly created executive position, and named Stephen Yi as Chief Product Officer. Weis, previously Chief Product Officer, will lead the company's AI strategy, agent-native platform development, Model Context Protocol infrastructure and prediction market initiatives. Yi joins from digital consultancy Codal and brings over a decade of trading industry experience, including senior roles at proprietary trading firm Jum

On July 13, 2026, Circle CEO Jeremy Allaire published "The Agentic Economy: The Convergence of Intelligence and the Economy," arguing that the AI agent economy and on-chain economy are not separate tracks but components of a single unified economic system. The treatise proposes that foundation models for cognition and blockchain networks for settlement together create a platform shift comparable to the web or mobile. The publication coincides with major infrastructure deployments. MetaMask, Coin

According to Foresight News, Vanta, an on-chain trading platform, has surpassed $100 million in cumulative trading volume two weeks into public beta. The platform has officially removed its invitation code requirement, allowing all users to log in and trade without restrictions. Users participating by July 15 can earn double points; the platform will launch weekly rewards based on trading activity, fees, liquidity provision, and referrals.

According to regulators, Nigeria's crude oil production in June averaged 1.56 million barrels per day, exceeding its OPEC-allocated quota of 1.5 million barrels per day and marking a 104% quota fulfillment rate. The output represents the highest level since April 2020, a 74-month peak. Including condensate production outside OPEC constraints, Nigeria's total petroleum output averaged 1.735 million barrels per day in June, up from 1.7 million in May and extending a fourth consecutive month of gro