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
13:29

Bitcoin Completes Five-Wave Correction, Bottom May Have Formed; Killa Says Rally Timeline Accelerated by 100 Days

According to trader Killa (@KillaXBT), on July 22, Bitcoin has completed a five-wave correction structure similar to previous bear market cycles, with the bottom potentially already formed. Killa noted that BTC has swept through the bottom created by a "dead cat bounce" and finished the corrective structure seen in 2014, 2022, and 2026 cycles. Historically, bear markets lasted about 365 days before establishing a final bottom; however, if the current low has already occurred, the timeframe is on
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BTC-1.41%
13:26

Franklin Templeton Says Agentic AI Is Next Blockchain Killer Use Case

According to Franklin Templeton's head of digital assets Sandy Kaul, agentic AI agents are the next "killer" use case for blockchain and cryptocurrency, as they will drive demand for machine-to-machine micropayments on blockchain protocols, Kaul said on Wednesday. Blockchain networks such as Aptos, Solana, and BNB Chain are better suited than legacy card networks like Visa to handle agentic payments due to near-zero fees and transaction settlement in seconds, compared to Visa's one-to-three busi
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APT-1.15%
SOL-1.49%
13:23

SK Hynix ADR Falls 7.11% to $159.72 in Premarket as Oil Prices Surge

According to Yonhapinfomax, SK Hynix's U.S. ADR shares declined 7.11% to $159.72 on July 22 in New York premarket trading, as rising crude prices reignited inflation concerns. Micron Technology, TSMC, Broadcom, AMD, and Intel also fell 4.41%, 2.50%, 2.06%, 3.10%, and 4.24% respectively. WTI crude for September delivery traded above $86 per barrel, up more than 2% for the day, as U.S.-Iran military tensions continued to pressure energy markets.
13:23

SEC Issues Release 33-11426 Seeking Public Comment on Novel ETF Framework, Sets 60-Day Deadline for Altcoin, Event-Contract Products

According to a Securities and Exchange Commission official release issued on June 30, 2026, the SEC published Release No. 33-11426, a formal request for public comment on how to regulate exchange-traded funds investing in novel asset classes or employing novel strategies. The release poses 27 questions on whether such products qualify as investment companies, whether the existing Rule 6c-11 framework is adequate for complex products, and whether registration timelines need adjustment. The SEC ex
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XRP-0.42%
SOL-1.49%
DOGE-1.33%
HBAR3.54%
SUI-1.02%
13:22

Sui Bitcoin Yield Protocol Hashi Launches Testnet with 2-of-2 Multi-Sig Guardian Layer

According to Foresight News, Sui's Bitcoin yield protocol Hashi went live on testnet today, enabling users to deploy BTC as programmable collateral for institutional lending without transferring assets off the Bitcoin network. The testnet includes Guardian Layer risk management, protecting all BTC collateral through 2-of-2 multi-signature verification requiring approval from both Hashi validators and independent guardians. Wave Digital announced a three-year partnership to bring Bitcoin yield bo
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SUI-1.02%
BTC-1.41%
13:22

MoonPay Acquires Glide, Adds Cross-Chain Deposits Supporting $100M+ Annual Volume

MoonPay has acquired Glide, a crypto deposits infrastructure startup, to enhance its MoonPay Deposits product with cross-chain funding technology. Founded in 2023 by former Robinhood crypto wallet leaders Tushar Soni and Qinyu Tong, Glide developed infrastructure allowing users to fund crypto wallets using assets across different blockchains, exchanges, and payment methods. The platform processes over $100 million in annual transaction volume across more than 100 digital assets and 30 blockchain
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13:21

U.S. Dollar Remains Largely Unaffected by Trade Uncertainty Resurgence, Says Mitsubishi UFJ

According to Mitsubishi UFJ Bank analyst Derek Halpenny on July 22, the U.S. dollar may remain largely unaffected by the latest round of American trade uncertainty in the near term. Halpenny noted that U.S. President Trump's new tariff plan is expected to roughly replicate Section 122 tariffs set to expire on Friday, which would have limited impact on exchange rates. He added that current market expectations of U.S. rate increases and elevated Middle East risks provide some support for the dolla
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13:16

OpenAI Plans $20 Billion Data Center Investment in Georgia, Total Cost May Exceed $30 Billion

According to its announcement Wednesday, OpenAI plans to invest $20 billion to launch a data center project called Camellia in Effingham County, Georgia, with total costs potentially exceeding $30 billion. OpenAI has signed a contract with Georgia Power to receive 3.2 gigawatts of electricity supply between 2028 and 2032. Vice President of Compute Strategy Sachin Katti said the facility could become one of OpenAI's largest data centers to date.
13:15

Sumitomo Mitsui Economist Warns Inflation Slowdown Essential to Preserve Fed Credibility

According to Jin10, Joseph Lavorgna, chief U.S. economist at Sumitomo Mitsui Bank, warned on July 22 that policymakers risk losing hard-earned credibility if inflation fails to cool. Lavorgna noted that over the past 70 years, core inflation has declined year-over-year by 0.9% or more only six times, and in each instance the slowdown resulted from Federal Reserve policy tightening. He cautioned that the longer the Fed delays action, the greater the likelihood rates will need to rise above necess
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13:13

Samsung Launches Galaxy Z8 Series Foldables on July 22, Prices Up $100 to $2,099

According to CNBC, Samsung on July 22 unveiled its Galaxy Z8 Series foldables at an event in London, comprising three devices: Galaxy Z Fold8 Ultra at $2,099, Galaxy Z Fold8 at $1,899, and Galaxy Z Flip8 at $1,199. The prices mark a $100 increase from their predecessors, driven by rising memory chip costs amid elevated AI industry demand. CCS Insight analyst Ben Wood noted Samsung is maintaining competitive pricing despite component cost pressures, positioning the launch strategically ahead of A
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13:13

Russia's Central Bank Sold 44 Tonnes of Gold in H1 2026, Total Reserves Fall to $299 Billion

According to Kitco News, Russia's central bank sold 44 tonnes of gold in the first half of 2026, with sovereign gold reserves declining to 2,282 tonnes valued at $299 billion as of early July. The Central Bank of Russia (CBR) announced that reserves fell by 1.4 million troy ounces since the start of the year, marking the sixth consecutive month of decline and the sharpest drop in a quarter century. Analysts attribute the sales to Russia's budget deficit of 4.6 trillion rubles and efforts to buil
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13:13

Samsung Details Smart Glasses Features at Galaxy Unpacked on July 22

According to CNBC, Samsung detailed its smart glasses features on Wednesday at Galaxy Unpacked in London, including built-in camera, gesture controls, and message summarization capabilities. The device is powered by Qualcomm's Snapdragon AR1 Gen1 chip and requires tethering to a smartphone. Samsung positioned the glasses as a 'premium' product launching this Fall, marking its first competitive entry into the smart glasses market dominated by Meta, which holds 69.2% market share as of Q1 2026.
13:13

Precious Metals Rebound Over Past Two Days, Decouple From Crude Oil's Negative Correlation

According to Caisin Futures research dated July 22, precious metals rebounded over the past two days and decoupled from their negative correlation with crude oil amid ongoing geopolitical tensions. Central bank purchases of precious metals are providing price support as major central banks move into tightening cycles, including the European Central Bank, Bank of Japan, and Bank of Korea, alongside emerging U.S. Federal Reserve rate hike expectations.
13:12

Bitcoin Holds $65,900 as Trump Threatens Iran Nuclear Strike

Bitcoin held near $65,900 on Wednesday after briefly touching $66,872 intraday, maintaining support above the $65,000 level amid escalating US-Iran tensions. President Donald Trump threatened heavy strikes on Iran's Pickaxe Mountain nuclear site, while Tehran warned such attacks would widen regional conflict and trigger retaliation. US spot Bitcoin ETFs recorded $226.92 million in net inflows on July 20, marking a fifth consecutive day of positive flows, with BlackRock's IBIT adding roughly $116
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BTC-1.41%
13:12

NodeMeta Expands Web3 Ecosystem With 11B NTE Token, OneKey Platform, and AI Integration

According to NodeMeta, on July 20, the project announced expansion of its Web3 ecosystem powered by the NTE utility token, which operates on BNB Smart Chain with a maximum supply of 11 billion tokens. The initiative integrates artificial intelligence, blockchain infrastructure, staking, digital services, gaming, and decentralized applications into a unified platform. NodeMeta is developing OneKey, a consolidated Web3 gateway designed to unify wallets, digital assets, staking, node participation,
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13:12

Alphabet Stock Slips to $348-$357 Range as Google Launches Three Gemini AI Models

Alphabet shares traded in the $348-$357 range as investors weighed the company's Q2 earnings expectations and new artificial intelligence models. Wall Street expects Alphabet to report approximately $116.98 billion in Q2 revenue, with focus on whether Google's AI products can support stronger cloud and advertising growth. Google released three new Gemini models: Gemini 3.6 Flash for coding and enterprise tasks, Gemini 3.5 Flash Cyber for cybersecurity, and Gemini 3.5 Flash-Lite for lower-cost AI
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