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
10:49

Bitcoin Dormant Coin Awakenings in 2026 Expected Below 50% of 2025 Levels: Galaxy Digital

According to Alex Thorn, head of research at Galaxy Digital, Bitcoin dormant coin awakenings in 2026 are projected to fall below 50% of 2025 levels. Thorn noted that during 2024 and 2025, significant quantities of long-dormant Bitcoin were reactivated and moved on-chain, with volumes second only to 2017. He indicated that the current phase of BTC reactivations, referred to as the "Great Distribution," has largely concluded.
10:46

Revolut Receives Conditional Approval from Dubai VARA for Crypto Services

According to The National, fintech firm Revolut has received conditional approval from Dubai's Virtual Asset Regulatory Authority (VARA) to offer cryptocurrency services in the UAE. The approval covers brokerage, asset management and investment services, and exchange operations. Revolut stated the authorization establishes the foundation for launching regulated virtual asset services.
10:45

Ukraine and EU Reach Drone Agreement, von der Leyen Announces

According to EU Commission President Ursula von der Leyen, Ukraine and the European Union reached a drone agreement, announced yesterday during Ukraine's Independence Day celebration in Kyiv. Von der Leyen noted that Ukraine has gradually transitioned from being a weapons buyer to becoming a supplier within Europe's security network.
10:45

Beating Releases Complete WAIC Side Events Guide for July 17-20

According to BlockBeats, on July 15, Beating released "WAIC Complete Side Events Guide and Shanghai Dining-Entertainment Guide" themed around "WAIC Amusement Park: Player's Manual," systematizing key activities and city attractions during the WAIC conference from July 17-20. The guide covers AI business summits, Physical AI Camp Demo Day, AI Builders Night, vLLM Meetup Shanghai, WAIC Afterparty, and Cafe Cursor Shanghai, along with dining, cafes, bars, and nightlife recommendations near the Expo
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10:43

Applied Digital (APLD) Trades at $28.47, Below All 11 Analyst Targets as Q3 Revenue Jumps 139%

According to S&P Global, Applied Digital closed at $28.47 on July 14, 2026, below the lowest analyst price target of $40 among 11 polled analysts, implying 40% upside. The street-high target sits at $106, representing a 272% bull case, with an average of $73.36. Fiscal Q3 2026 revenue reached $126.6 million, up 139% year over year, with adjusted EBITDA of $44.1 million. The widest market divergence lies in short interest: roughly 77.2 million shares—27% of shares outstanding—are sold short, per
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10:42

Aster Launches SKHYB Spot Market With 15,000 SKHYB Reward Pool Through July 22

According to Foresight News, Aster launched SKHYB spot market on July 15 and enabled SKHYB deposits in perpetual futures accounts as multi-collateral with up to 90% collateral ratio. The exchange introduced a SKHYB holding campaign with a 15,000 SKHYB reward pool running through July 22, 18:00 UTC. Participants must enable multi-asset mode, hold at least 100 SKHYB and complete at least 1,000 SKHYB in perpetual contract trading volume. Rewards are calculated based on holding amount and duration.
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10:42

DeepSeek Completes Series A Funding Round, Registration Capital Increases to 16.45M Yuan

According to ChainCatcher, DeepSeek has completed its Series A funding round. Business registration records show that Hangzhou Deepseek AI Technology Co., Ltd. recently added two new shareholders: Hangzhou Chengli Enterprise Management Consulting Partnership and the National AI Industry Investment Fund Partnership. The company's registered capital increased to 16.45 million yuan.
10:41

DeepSeek Completes Series A Funding, Tencent and State Fund Join as Investors

According to Beating monitoring and business registration data, DeepSeek's operating entity added the State Artificial Intelligence Industry Investment Fund and Hangzhou Chengli as shareholders, with registered capital increasing to 16.4475 million yuan from 15 million yuan. Hangzhou Chengli holds approximately 8.52% as an investment platform for multiple backers, including Tencent (over 33% stake in Chengli), NVIDIA, JD.com, NetEase, IDG, Monolith, and others. The state fund holds approximately
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10:41

Toncheng Travel's 123 Adventure Park Opens at Yanoda Rainforest on July 15

According to ZhiTong Caijing, Toncheng Travel's Yanoda Rainforest Scenic Area officially opened the 123 Adventure Park on July 15, featuring canyon canyoning and rainforest valley rafting. The project fills a gap in Hainan's mountain adventure offerings, shifting from traditional sightseeing to immersive experiences. Platform search interest for Yanoda has risen approximately 30% over the past week.
10:38

AI Romantic Companion Apps Generated $427.3M in Revenue Over Two Years, Appfigures Data Shows

According to Decrypt, citing Appfigures data, AI romantic companion and NSFW applications on Apple App Store and Google Play have generated $427.3 million in consumer spending since late 2022, across 214 applications with approximately 165 million downloads. In the first half of 2026 alone, such "AI girlfriend" apps generated $162.8 million in revenue, with top application Zeta earning approximately $33 million. Appfigures noted that roughly 15% of U.S. adults aged 18-30 with partners regularly
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10:34

Gulf Oil Producers Plan New Pipelines and Ports to Bypass Strait of Hormuz by 2027-2028

According to the New York Post, Gulf oil producers are planning new pipelines and ports to bypass the Strait of Hormuz following Iranian attacks on shipping. Goldman Sachs analyst Alexandra Paulus said on Monday that by end-2027, new pipelines should transfer 45% of pre-war Persian Gulf oil exports, with daily volumes bypassing the strait potentially reaching 7.3 million barrels by end-2028. The UAE's West-East Pipeline is 50% complete and scheduled for completion by 2027, which will double Abu
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10:31

Samsung Electronics Falls 30% But Rebounds on Buy Signal; KB Securities Sets 600,000 KRW Target

According to KB Securities analyst Kim Dong-won on July 15, Samsung Electronics stock has fallen 30% from its June 18 peak of 362,500 KRW to 254,500 KRW, yet the brokerage maintains a buy rating with a 600,000 KRW price target. Kim attributed the recent decline to investor sentiment contraction rather than deterioration in fundamentals, stating the selloff presents a buying opportunity. He noted that global DRAM supply constraints will persist through 2028, with high-bandwidth memory (HBM) capac
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10:31

Czech Republic Blocks Polymarket Over Gambling Rules, ISPs Have 15 Days

According to Cointelegraph, the Czech Finance Ministry added Polymarket to its gambling blacklist on Monday, requiring internet service providers to block access within 15 days under the country's Gambling Act. Polymarket, a prediction market where users trade event outcome contracts, has already been restricted by regulators across multiple EU countries including France, Germany, Poland, Romania, and Spain.
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10:31

XPeng Completes Second-Generation VLA Model Localization Testing in Germany on July 14

According to Securities Times, XPeng completed localization acceptance testing of its second-generation VLA (Vision Language Action) model in Germany on July 14. The model demonstrated strong performance in recognizing complex European road signs and understanding local traffic regulations and right-of-way systems. XPeng is the first domestic Chinese company to deploy a unified model across both Chinese and European markets.