Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
Today
06:57

Germany's 10-Year Yield Rises 3.3 Basis Points to 3.105% on July 15 Amid Oil Price Rally

According to Tradeweb data, Germany's 10-year government bond yield rose 3.3 basis points to 3.105% on July 15, as eurozone sovereign debt yields climbed following U.S. Treasury movements. The increase was primarily driven by elevated oil prices stemming from Middle East military tensions. Belgian bank analysts noted the move also reflected Federal Reserve Chair Powell's recent congressional testimony reaffirming the Fed's commitment to price stability, though U.S. inflation data released Tuesda
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06:56

KOSPI Falls 1,500 Points in Two Weeks; Banking Stocks Rise 11.38% as Defensive Haven

According to Korea Exchange, KOSPI dropped approximately 1,500 points to 6,856.83 on July 15, down from 8,303.41 on July 1, with semiconductor stocks accounting for the steepest declines. The KRX IT and semiconductor indices fell 26.96% and 22.80%, respectively. In contrast, the KRX banking index surged 11.38%, the only sector posting double-digit gains. KB Financial's market capitalization reached 63.84 trillion Korean won, securing the 8th position on the KOSPI. The banking sector strength mir
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06:55

Bitcoin LTH/STH Ratio Hits 30-Month High as Long-Term Holders Accumulate, BTC ~50% Below ATH

According to ChainCatcher, the Bitcoin long-term holder (LTH) to short-term holder (STH) ratio reached a 30-month high, according to data from CryptoQuant cited by analyst gaah. The metric measures Bitcoin supply distribution between long-term and short-term holders. Long-term holders continue to accumulate circulating supply despite Bitcoin trading approximately 50% below its all-time high.
06:55

10-Year U.S. Treasury Yield Expected to Continue Rising on Geopolitical Tensions and Fed Hawkish Signals

According to Dongfang Jincheng's research report released on July 15, the 10-year U.S. Treasury yield is expected to exhibit an upward trend amid renewed geopolitical risks. The analysis cited escalating U.S.-Iran tensions over the weekend and Iran's Monday announcement of closing the Strait of Hormuz as key drivers, which are expected to reignite international oil price gains and boost market inflation and rate hike expectations. Additionally, Federal Reserve Chair Walz's scheduled testimony at
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06:53

Whale Exits $9.03M SKHX Short on July 15, Recovers $560K After 90% Profit Drawdown

According to Hyperinsight monitoring on July 15, whale 0x4c7 closed its entire SK Hynix (SKHX) short position with proceeds of $9.03 million at an exit price of $1,424.47, compared to an entry price of approximately $1,453. The position generated a net profit of around $560,000 after partial profit-taking. The whale's unrealized gains had peaked at $1.99 million on July 14 when SKHX dropped to $1,146.40, but rapid recovery in the stock compressed the position's value, prompting the full exit nea
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06:52

Stripe and Advent Offer $60.50 Per Share for PayPal, Valuing Deal Above $53 Billion

According to Reuters, Stripe and Advent International made a joint offer earlier in July to acquire PayPal Holdings for more than $53 billion. The bidders offered $60.50 per share, representing roughly a 28% premium to PayPal's most recent closing price, with approximately $50 billion in bank financing arranged to support the transaction. Stripe and Advent are seeking to own PayPal in equal parts. PayPal has not responded to the offer, and there is no certainty that talks will lead to an agreeme
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06:46

Huafang Quantitative, Backed by Liang Wenfeng, Bids for Changxin Technology IPO at 8.78 Yuan per Share

According to Tencent News, Huafang Quantitative, a private fund manager controlled by Liang Wenfeng, has submitted bids to participate in Changxin Technology's initial public offering at an estimated subscription price of 8.78 yuan per share. The hedge fund, comprising Zhejiang Jiuzhang and Ningbo Huafang Quantitative, is bidding for up to 230 million shares per fund product, with most products clustered between 70 million to 140 million shares. Changxin Technology's IPO has drawn participation
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06:44

Michael Burry Criticizes Prediction Markets Like Kalshi as 'Gambling' Exploiting Regulatory Gaps, Reports $600M User Losses on July 13

According to Business Insider on July 13, Michael Burry, known for predicting the 2008 subprime crisis, criticized prediction markets including Kalshi, claiming they exploit regulatory loopholes and function essentially as gambling. Burry argued via X that while the U.S. gambling industry faces high taxes and strict regulations, prediction markets operate in regulatory gray areas, enabling the same activity without equivalent oversight. A 2024 report by the Roosevelt Institute found that retail
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06:43

Samsung Electronics Eyes U.S. ADR Listing, Researches Implementation Methods Despite Public Denial

According to Bloter and Bloomberg on July 14-15, Samsung Electronics has begun internal research into various methods for issuing American Depositary Receipts (ADR) and conducting preliminary discussions with multiple investment banks on a potential U.S. market listing. Samsung denied such plans publicly; however, under management directives, relevant divisions are assessing the potential costs, benefits, and procedures involved in ADR issuance. Semiconductor industry sources revealed on July 15
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06:42

Coinbase Adopts AI for 95%-100% of Code, Up from 40% in February

According to Cointelegraph, Coinbase has increased AI-assisted code writing from roughly 40% in February to between 95% and 100% currently. Rob Witoff, Coinbase's head of platform, said nearly all code is now written or reviewed with large language models. The shift reflects how AI tools have moved from experimental productivity aids to a core operating model. Witoff noted that AI use varies by context; sensitive areas like cryptography maintain human oversight, while routine development and tes
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06:42

Confirmo Launches Stablecoin Subscription Service Supporting 700+ Wallets on Solana and Polygon

On July 14, Confirmo launched Confirmo Subscribe, an automated stablecoin subscription solution for enterprise merchants across Solana and Polygon. The service integrates WalletConnect technology, supporting USDC and Global Dollar (USDG) stablecoins with access to more than 700 self-custody wallets and exchange accounts. The initial commercial deployment partners with FTMO in response to enterprise demand for recurring cryptocurrency payment options. According to the announcement, the platform a
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06:41

FLock.io Privacy-Preserving AI Healthcare Case Gets WEF MINDS Program Spotlight

According to Foresight News, FLock.io's privacy-preserving AI healthcare case recently received spotlight recognition from the World Economic Forum's (WEF) MINDS program, securing a dedicated project page. The case demonstrates how FLock.io uses decentralized federated learning to enable healthcare institutions to collaborate on AI model training without centralizing sensitive patient data. FLock.io is currently advancing AI applications with the University College London Hospital Foundation Tru
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06:39

CFETS-NEX Yuan Liquidity Sentiment Index Falls to 53 on July 15

According to Jin10 Futures, the CFETS-NEX yuan liquidity sentiment index fell to 53 as of 2:30 p.m. on July 15, down 1 point from 10:15 a.m. Large banks, mid-size banks, and non-bank institutions recorded readings of 52, 55, and 52 respectively, each declining 1 point.