Gate Crypto Flash News and Market Updates

According to commodity analysts at Metals Focus, gold is expected to remain rangebound above $4,100 an ounce through the summer. Renewed conflict between the United States and Iran is supporting higher energy prices, fueling inflation concerns and reinforcing expectations for tighter U.S. monetary policy. The analysts said growing confidence that the Federal Reserve will raise interest rates at least once more this year is creating significant opportunity-cost headwinds for gold in the near term

Stablecoins are carving out specialized roles in the crypto market on July 10 as regulatory changes reshape the landscape, while institutional players including Strategy and Vanguard advance tokenization initiatives.

According to BlockBeats, on July 10, Empery Digital sold 1,400 BTC for $87.1 million to support its AI data center projects, repay debt, and cover legal fees. The company currently holds 1,514 BTC, valued at approximately $100 million.

According to Israeli i24News satellite imagery, the USS Lincoln and USS Bush aircraft carriers have entered possible Iranian missile strike range near Iran's coast.

SK Hynix (SKHY.O) surged 14% on its first trading day in the U.S. market, opening at $170 per share compared to an IPO guidance price of $149.

According to BlockFlow, Meta Platforms (META) surged 11.11% to $670.11 today, with multiple analysts raising price targets to the $800–$835 range. BofA Securities maintained its buy rating with an $835 price target, citing underestimated potential in AI infrastructure cost savings.

On Friday (July 10) at the close of European trading, ICE UK natural gas futures fell 3.47% to 116.640 pence/therm, while TTF benchmark Dutch natural gas futures dropped 1.99% to 48.350 euros/MWh. Both contracts posted weekly gains, rising 8.22% and 7.22% respectively, driven by advances from Tuesday through Thursday.

According to PANews, on July 10, five Democratic senators—Elizabeth Warren, Richard Blumenthal, Gary Peters, Dick Durbin, and Ron Wyden—released a joint statement criticizing President Trump's cryptocurrency policy. The senators alleged that Trump was pressuring Congress to pass crypto legislation that would benefit industries from which he profits, saying recent disclosures had heightened concerns about potential conflicts of interest.

Nvidia shares rose 3.15% to $209.165 per share during intraday trading on July 10, with the company's market capitalization reaching $5.06 trillion.

According to CryptoQuant analyst Darkfost, Strategy recently completed its largest Bitcoin sale in history, selling 3,588 BTC for approximately $216 million to fund dividend payments. With an average purchase price of $75,476 and a selling price of around $60,000, the transaction resulted in an estimated 20% loss. Despite the sale, Strategy remains one of the largest Bitcoin holders globally with 843,775 BTC, exceeding Binance's reserves of approximately 656,561 BTC. However, Binance's average r

According to Foresight News, a LAB whale transferred 8 million LAB (approximately $9.54 million) to Aster earlier today. The tokens were previously withdrawn to the blockchain in May, when LAB was trading around $5. The price has since peaked at $20 before declining to approximately $1 in recent days.

According to Binance's official announcement, the exchange will launch SKHYUSDT perpetual futures on July 10, 2026 at 23:50 (China Standard Time), with maximum leverage of 50x.

According to a notice published in the Federal Register by the U.S. Department of Commerce, the U.S. announced eased export restrictions on the United Arab Emirates (UAE), granting the UAE government and approved commercial entities additional license exceptions, including Strategic Trade Authorization (STA). Under the STA mechanism, the UAE will gain access to export permits for military goods, specific commercial satellites and spacecraft, as well as dual-use items for oil and gas production,

According to Benchmark Mineral Intelligence, global electric vehicle registrations reached 2 million units in June, up 7% year-over-year, marking the fourth consecutive month of growth. In the first half of 2026, global EV registrations rose 2% compared to the same period last year. Regionally, Europe led growth with registrations jumping 31% year-over-year to approximately 530,000 units in June. North America saw a 13% decline, attributed to the end of U.S. electric vehicle tax credit incentive

According to Morgan Stanley analyst Lisa Shalett, chipmakers face limited pricing power as major cloud providers increasingly design their own lower-cost chips. Shalett noted that the AI data center technology stack is being redesigned to incorporate self-developed semiconductors, indicating chip stocks may have rallied excessively on optimism around artificial intelligence spending.

According to AXIOS and unnamed sources, the US and Iran are expected to resume negotiations next week, likely in Switzerland. Trump said Friday that the US agreed to continue talks with Iran but will not comply with ceasefire agreements. Both sides aim to return to the memorandum of understanding framework, according to a diplomat involved in the mediation.

According to CoinDesk, Hyundai Card launched an internal cross-border remittance system on Avalanche on July 10, becoming the first major South Korean enterprise to publicly adopt stablecoins for cross-border treasury settlements. In the pilot phase, Hyundai's U.S. subsidiary transferred $20,000 to its Mexico subsidiary via USDT conversion in approximately 7 minutes, significantly reducing processing time compared to traditional banking transfers of 3 to 4 hours. The company plans to expand to a

European stock indices closed mixed on July 10. Germany's DAX 30 index fell 0.36% to 25,028.45 points, declining 2.9% for the week. France's stock index fell 0.16%, while Italy's index rose 0.31% and the UK's index gained 0.14%.

According to Lipper data, global stock funds attracted net inflows of $49.23 billion in the week ending July 8, marking the largest weekly inflow in three weeks. The rally was driven by strong demand for AI-related technology products and declining expectations for further U.S. Federal Reserve rate hikes, bolstering investor risk appetite.

According to Jin10, SK Chairman Chey Tae-won recently stated that the company must reduce AI Token costs, while identifying storage-as-a-service model as a key area for future expansion.