Gate Crypto Flash News and Market Updates

According to The Israel Times citing Israeli Central Command chief Aviv Blute on July 16, Israeli military forces claimed they now control over 60% of the Gaza Strip.

According to The Block, SBI Holdings announced on Thursday a partnership with Ondo Finance to bring Japanese equities onchain. The companies will tokenize Japanese equities through Ondo Global Markets, distribute Ondo's products across SBI's network, and use SBI's JPYSC stablecoin for settlement and collateral. The agreement marks the latest step in SBI's expansion into onchain finance, following recent investments in Gauntlet and EDX Markets, the launch of Japan's first trust bank-backed yen st

According to U.S. Attorney Ron Parsons, on July 10, Sioux Falls crypto investor Benjamin Paul Wiener, 43, was indicted on 29 counts of wire fraud, money laundering, bank fraud, and aggravated identity theft over an alleged $20 million scheme. Prosecutors allege Wiener made false statements to induce investors to transfer funds and digital currency, targeting dozens of victims across South Dakota and Minnesota. After collecting the funds, Wiener allegedly moved them through financial institutions

Micron Technology (MU-US) stock declined 4.12% intraday to $867.01 per share on July 16, extending a 20% loss over the past month as investors grew concerned about potential oversupply in the memory chip sector. The selloff was driven by three factors: ASML's new extreme ultraviolet (EUV) lithography equipment enabling more efficient memory production, with competitors SK Hynix and Samsung planning adoption; reports of cloud computing providers hedging against potential memory price declines; an

On July 16, Houthi forces stated that if Saudi Arabia launches another full-scale invasion and escalates military operations against Yemen, all Saudi oil installations and critical infrastructure will become targets for their missiles, according to Jin10.

According to the official NOXCAT account, NOXCAT Wallet beta version launched on July 16, introducing a unified Web3 platform combining social login, multi-chain asset management, peer-to-peer transfers, and escrow services. The wallet enables account creation via Google, Apple, or email authentication, replacing traditional private key management with a unique NOXCAT UID digital identity. Key features include contact-based transfers with encrypted messaging, a decentralized escrow system where

According to the U.S. Department of Labor statement released on July 16, weekly jobless claims fell to 208,000 for the week ending July 11, below market expectations of 217,000. This represents a decrease of 8,000 claims from the prior week, which was revised upward to 216,000. The four-week moving average of jobless claims, which filters volatility, declined to 214,250 from the previous week's revised figure of 219,000.

According to Darren Jones, UK Chief Secretary to the Prime Minister, the British government announced today (July 16) a national public awareness campaign to prepare households for potential emergencies, including cyber-attacks from Russia. Downing Street plans to launch the initiative later this year following Prime Minister Sir Keir Starmer's warning that intelligence agencies believe a Russian attack could occur within four years. The campaign will advise citizens to stockpile long-life foods

According to Odaily, a recent court ruling in the ongoing Ripple vs. SEC case distinguished between different transaction types involving XRP. The court found that certain institutional sales of XRP constitute investment contracts, while Ripple's programmatic exchange sales do not. Ripple CTO Emeritus David Schwartz stated that the court's distinction effectively narrowed the broader legal theory previously advanced by the SEC, which had argued that all XRP sales qualified as securities transact

According to Iran's Mehr News Agency, the U.S. military has again shelled areas around Qeshm Island. The Iranian statement did not specify further details regarding the timing or extent of the incident.

According to Businesswire, Morgan Stanley's ETRADE has launched spot cryptocurrency trading, allowing eligible clients to buy, sell, and hold Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) directly on the platform. The service, powered by digital asset infrastructure provider zerohash, enables users to access trading through linked zerohash accounts and view digital and traditional portfolios in one place. ETRADE charges 50 basis points (50 bps) per trade, with asset transfer functionality expe

According to TASS, Russia struck a cargo vessel heading to Chornomorsk port today. The incident marks ongoing military operations targeting maritime infrastructure in the region.

U.S. natural gas futures dropped over 3.00% intraday on July 16, trading at $2.836 per million British thermal units (BTU).

According to The Block, Keyrock has completed the acquisition of BlockFills' institutional trading and brokerage business on July 16. The deal brings BlockFills' trading technology, institutional client relationships, and an experienced derivatives trading team to Keyrock. The acquisition also expands Keyrock's regulatory footprint, adding a CIMA-registered entity in the Cayman Islands and positioning the company to obtain FCA authorization in the U.K. Keyrock acquired BlockFills for $3.25 milli

On Thursday (July 16), Saudi Arabia's stock market benchmark index rose 0.15% to 10,720.28 points, declining 0.82% for the week following a notable drop on July 14. Saudi Aramco (ARAMCO.AB) gained 0.15% to 26.68 Saudi riyal, with a weekly loss of 0.15%, trading within a narrow range. Other regional markets showed mixed performance: Egypt's EGX 30 index gained 1.18% for the week, while Oman's MSM 30 fell 1.75%.

According to the latest research from Cambridge Centre for Alternative Finance, approximately 31% of Ethereum node activity is located in the United States, with about 39% distributed across EU regions excluding the UK, indicating geographic concentration among Western countries. Researcher Alexander Neumuller noted that while nodes are not concentrated in a single country, they heavily rely on a few cloud service providers including Hetzner, Amazon AWS, and OVH. Critically, when over one-third

According to PANews, Ethereum Foundation researcher Francesco D'Amato announced today that he is leaving EF to join Ethlabs, a newly formed protocol research organization. D'Amato spent five years at the foundation, where he contributed to research on MEV, consensus mechanisms, data availability sampling, and execution layer pricing.

According to The Kobeissi Letter, unprofitable Russell 2000 companies surged 154% since mid-2025, while profitable firms in the same index gained only 34% over the period. Year-to-date, loss-making small-cap stocks in the Russell 2000 are up 45%, compared to 18% for profitable companies. The Russell 2000 index itself is up 20% this year, on pace for its best annual performance since 2003.

According to U.S. House Speaker Mike Johnson on Thursday, he plans to submit a continuing resolution (CR) to the House for a vote next week to fund the government before the Sept. 30 deadline. Johnson, a Republican from Louisiana, stated the plan to fund the government would aim to avoid another government shutdown ahead of November midterm elections.

According to Bitfinex Alpha, spot Bitcoin ETFs saw net inflows of $181.1 million yesterday (July 15), with BlackRock's IBIT fund accounting for $138.9 million. However, the analyst report cautioned that Bitcoin's recent rally, driven by lower-than-expected US inflation data in June, lacks strong underlying demand such as sustained spot buying or continued independent inflows. Bitfinex Alpha identified the $68,000 to $68,300 range as a critical decision point for Bitcoin. The report warned that i