Gate Crypto Flash News and Market Updates

According to U.S. President Donald Trump on July 27, he has sufficient patience and time to reach a deal with Iran, but if a new ceasefire agreement is not reached, the United States will resume military strikes against Iran.

According to Visa's Allium-powered dashboard, stablecoin market supply contracted by $7.7 billion in June 2026, declining to approximately $312 billion and marking the sharpest monthly drop since the Terra-Luna collapse in 2022. Despite the supply decline, transaction volume surged to a record $1.79 trillion in June, up 63% from May, according to the same data source. USDC processed $1.21 trillion in transfers during the month — more than double USDT's $576 billion — despite having significantly

On July 27, Payward, the parent company of Kraken, signed a definitive agreement to acquire Magic Labs' embedded wallet business, transferring more than 60 million digital wallets and infrastructure serving over 200,000 developers worldwide. Following the transaction, Magic Labs will be rebranded as Newton Labs and focus exclusively on developing the Newton Protocol, a compliance and security layer for blockchain transactions. Users of the embedded wallet platform will transition to Payward Serv

According to CryptoQuant analyst Darkfost on July 28, major exchange bitcoin spot trading volumes have plummeted over 75% since November 2024. Binance's July trading volume stood at over $35 billion, down significantly from $246 billion in November 2024; Bybit dropped 85%, Coinbase declined 61%, and OKX fell 67%, marking the lowest levels since the 2023 bear market. The analyst attributed the decline to escalating geopolitical tensions, inflation-driven interest rate concerns, and sustained capi

According to Foresight News, citing Etherscan, Blockscan, the multi-chain blockchain explorer developed by Etherscan's team, has added support for Bitcoin address queries. Users can now search any BTC address to view portfolio value, net assets, and complete transaction history.

According to Foresight News, Bybit has launched new TradFi Combo strategies, introducing three investment portfolios: a U.S. banking sector portfolio covering commercial banks, custody services, brokerages and consumer finance; a pharmaceutical portfolio focused on oncology, immunology, weight-loss and HIV treatments; and a barbell portfolio combining four high-growth stocks with four low-volatility dividend stocks. Bybit also introduced Reverse Mode, which automatically switches to an opposite

According to BitcoinTreasuries.NET monitoring, Australian listed company DigitalX (DCC) has sold 80 BTC on July 28, increasing its cash reserves to $21 million. The company now holds 283 BTC and ranks 79th globally in Bitcoin holdings.

According to China's Foreign Ministry spokesperson Lin Jian at a regular briefing today, recent statements about foreign investors exploiting Indonesia's natural resources do not target China. The spokesperson reiterated that China-Indonesia economic and trade cooperation is mutually beneficial and that Indonesia has repeatedly expressed its welcome for Chinese investment, saying China believes Indonesia will continue to protect the legitimate rights of Chinese enterprises.

According to Prism via Jin10, dissenting votes at this week's Federal Reserve meeting will be closely watched as a gauge of internal disagreement within the Federal Open Market Committee. The bank expects a vote of 10 in favor and 2 opposed, with Logan and Hammack voting against, advocating for a 25 basis point rate increase. If dissenting votes exceed three, even with rates held steady in July, this would signal the committee is moving toward a September rate hike.

According to Yonhapnews, South Korea's KOSPI index plunged 10.84% to 6,023.66 points on July 28, while the KOSDAQ index fell 7.72% to 705.85 points, with both markets triggering circuit breakers during the session. The sharp decline was driven by concerns over semiconductor oversupply from China, semiconductor sector uncertainty, and weakened investor sentiment amid Middle East risks.

According to China's Foreign Ministry spokesperson Lin Jian, President Xi Jinping spoke with Brazilian President Lula on the morning of July 27 following the latter's request. The Foreign Ministry has released a statement on the call.

According to Bloomberg, Orange, France's largest telecom operator, and Morrison, an infrastructure investment manager, plan to create a data center company in France yesterday (July 27). The venture involves a planned 3 billion euros ($3.4 billion) investment. Orange would contribute five data centers across four campuses along with operational expertise, while Morrison would provide investment expertise and equity. The new company would have nearly 10 times the capacity of Orange's current Fren

According to the IMF's latest financial system stability assessment released this month, Brazil's cryptocurrency-based cross-border flows have surpassed traditional capital movements since 2017. The flows are predominantly driven by stablecoins, with businesses and individuals using them for efficiency and tax-related reasons. IMF noted that stablecoin movements correlate with international and domestic investment indicators including S&P 500, VIX, and bitcoin prices, while also being influenced

According to Xinhua News Agency, a 7.1-magnitude earthquake struck near Kumamoto, Japan on July 28.

According to LGT Asia Private Banking, on July 28, the USD/JPY trading range is forecast to shift higher to 157–165 yen from the previous 155–160 yen. The two experts cited multiple factors driving the change, including the significant interest rate differential between the U.S. and Japan, uncertainty surrounding exchange rate intervention, and rising Japanese fiscal risks. The bank noted Japan may adopt an unpredictable approach by reducing verbal intervention before taking actual currency acti

According to Binance official announcement, the exchange will delist eight spot trading pairs and suspend trading on July 31, 2026, at 11:00 UTC+8. The affected pairs are ERA/BNB, MAGIC/USDC, MASK/USDC, MOVE/TRY, MOVE/USDC, POL/BTC, STORJ/TRY, and SUSHI/USDC. Spot trading bot services for these pairs will also be terminated. Users are advised to update or cancel their bots in advance. The delisting does not affect token availability on Binance; users can still trade the affected tokens through o

According to Hyperinsight, on July 28, Hynix Korean stock SKHX traded at $1,069.50 on Hyperliquid, while its U.S. ADR contract SKHY traded at $137.91. The ADR equivalent price of $1,379.10 represents a 28.9% premium over SKHX, narrowing by approximately 4 percentage points from 33.0% the previous day. Both contracts declined overnight, with SKHX down 13.5% and SKHY down 16.2%. A whale address starting with 0x434 that had been executing a long-short spread trade (shorting SKHX, longing SKHY) exit

According to CCTV, President Trump stated on July 27 that he and Israeli Prime Minister Netanyahu have "some differences" on Iran policy but their positions are "very close" overall. Netanyahu arrived in the U.S. on July 27 and is scheduled to meet with Trump at the White House on July 28 to discuss Iran tensions, the Abraham Accords, and progress on a trilateral framework agreement involving the U.S., Israel, and Lebanon.

Shanghai Gold Exchange's Gold T+D fell 1.07% to close at 882.5 yuan per gram on July 28 (Tuesday). Silver T+D on the same exchange declined 2.97% to 14,036 yuan per kilogram at close.

Ondo Finance launched the Ondo Network on Monday, an execution layer that runs application code inside hardware enclaves and settles asset transfers on public blockchains. The network replaces the Layer 1 chain the company announced in February 2025 and never deployed. Ondo's protocol currently holds US$3.48 billion in assets, with US$1.89 billion on Ethereum. Ondo Perps, the perpetual futures platform launched this month, is the first application running on the network. The platform describes i