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
06:26

Cathay Pacific Forecasts First-Half Profit of HK$6-6.5 Billion, Up 62-75% Year-on-Year

Cathay Pacific Airways expects consolidated profit attributable to shareholders of approximately HK$6-6.5 billion for the first half through June, including a HK$1.4 billion gain from the dilution of its stake in Air China. This represents year-on-year growth of 62-75% compared to HK$3.7 billion in the same period last year. The airline's performance was supported by sustained strong demand for Cathay Pacific and Cathay Cargo, improved results from Hong Kong Express, and better earnings contribu
More
06:21

Pakistan Requests $10 Billion Fund from US to Stabilize Exchange Rate on July 22

According to sources, Pakistan requested $10 billion from the United States on July 22 to stabilize its exchange rate. The bilateral fund would support Pakistan's reserves, ease pressure on the Pakistani rupee, and reduce reliance on multilateral financing, according to reports. The five-year arrangement was proposed to U.S. Treasury officials as part of broader economic cooperation efforts.
06:21

Alphabet and Tesla to Report Q2 Earnings After Market Close Today, Predicted Revenue $116.8B and $25.31B

According to BlockBeats, Alphabet and Tesla will release their Q2 2026 earnings reports after the U.S. market close today (July 22). Market expectations: Alphabet revenue approximately $116.8 billion with earnings per share of $2.87; Tesla revenue approximately $25.31 billion with earnings per share of $0.50. Key focus areas include Alphabet's cloud business growth, AI infrastructure spending, and Gemini commercialization; Tesla's ability to convert delivery growth into revenue and profit expans
More
06:21

Galaxy Digital Launches $5M Bitcoin Quantum Readiness Initiative on July 22

According to BlockBeats, Galaxy Digital announced the establishment of a $5 million Bitcoin Quantum Readiness Initiative on July 22 to fund developers researching solutions against future quantum computing threats. The program opens for applications immediately, with funding directed toward quantum-resistant signature algorithms, wallet migration tools, and security audits. According to CryptoQuant data, approximately 6.9 million BTC (worth about $461 billion at current prices) could face theft
More
BTC0.31%
06:19

SoftBank Nears Completion of $40 Billion Bridge Loan Syndication for OpenAI

According to Bloomberg, SoftBank Group is close to syndicating a $40 billion bridge loan to fund its OpenAI investment. The deal is expected to generate more than $100 million in fees for underwriters including JP Morgan Chase and Goldman Sachs. The 12-month facility will remain on lenders' balance sheets until maturity or repayment.
06:19

Hyperliquid Launches Long Semiconductor IPO Perpetual Contracts at $7.2 Per Share Overnight Before IPO, 6x Premium

According to Guru Club, Hyperliquid went live with perpetual contracts on Long Semiconductor (长鑫科技) on the night before the company's July 16 IPO application on Sci-Tech Innovation Board. The contract priced Long Semiconductor at $7.2 per share (approximately 52 yuan), implying a market cap of about 3.5 trillion yuan, roughly 6 times the IPO issuance value of 579 billion yuan. Within 24 hours of launch, the contracts generated $1.32 million in trading volume with $2.41 million in open interest,
More
06:16

Morgan Stanley: Semiconductors Face Additional 15% Downside, Capital Flows Toward Consumer Durables and Transportation

According to Morgan Stanley's equity strategy report issued on July 20, the semiconductor sector still carries significant downside risk, with models suggesting a potential decline of around 15% in the near term. Over the past two months, consumer durables and transportation stocks have outperformed the S&P 500 by approximately 12 percentage points as capital flows shift away from semiconductors. Within the technology sector, Morgan Stanley recommends overweighting cloud giants (Microsoft, Googl
More
06:13

South Korea's National Pension Service Buys $2.4B in Stocks During Market Rout, SK Hynix Top Pick

According to Korea Exchange, South Korea's National Pension Service net purchased 301.5 billion won (approximately $2.4 million) in stocks during July 14-21, reversing earlier concerns about massive selling pressure during the fund's asset rebalancing restart. The KOSPI fell 20.4% from July 1-21, dropping from 8,470 to 6,740, which reduced domestic equity allocation below target levels and eliminated the need for large-scale selloffs. The fund instead focused on bargain buying in beaten-down sem
More
06:13

AI Drives Memory Prices Surge in 2026: DRAM Up 125%, NAND Up 234%, Gartner Reports

According to Gartner's April 2026 report, artificial intelligence is consuming a disproportionate share of global memory chip capacity, driving a phenomenon the research firm termed "Memflation"—combining "Memory" and "Inflation" to describe soaring memory prices. Memory revenue is forecast to surge from $216.3 billion in 2025 to $633.3 billion in 2026, nearly tripling. DRAM prices are projected to jump 125%, while NAND flash memory prices are forecast to climb 234%, according to the report by s
More
06:12

CLARITY Act Ethics Clause Remains Deadlocked Between Republicans and Democrats Ahead of August Recess

According to Park Sang-hyuk, editor of Digital Asset, on July 22, Republicans and Democrats remain deadlocked over the CLARITY Act ethics clause, which regulates conflicts of interest involving public officials' digital asset holdings. While Republicans have reached agreement with President Donald Trump on the ethics clause, Democratic support remains elusive. Democrats argue that state attorneys general should oversee enforcement, while Republicans insist on federal jurisdiction. Democrats hold
More
06:08

RBA Survey Shows 9,000 Australians Misunderstand How Rate Hikes Combat Inflation on July 22

According to a Reserve Bank of Australia survey released July 22, most of the 9,000 respondents prioritize combating high inflation but lack understanding of how interest rate increases reduce it. Many incorrectly believe that higher borrowing costs push up consumer prices, when in fact rate hikes are used to suppress inflation. This knowledge gap may weaken the effectiveness of monetary tightening.
06:05

CMA CGM To Charge $65-$165 Emergency Fuel Surcharge Per Container Starting Aug 1 Amid Hormuz Strait Tensions

According to CMA CGM on July 22, the French shipping company will implement an emergency fuel surcharge effective August 1 due to escalating hostile activities in the Strait of Hormuz. The company cited a sharp rise in fuel prices over recent days, reversing prior week-on-week stabilization trends and significantly increasing shipping costs across all regions and routes. The surcharge ranges from $65 to $165 per container and will remain in effect until further notice.
More