Gate Crypto Flash News and Market Updates

According to CCTV Finance, premium scrap copper supplies are facing severe tightness in China's recycled metals market on July 28, with high-purity materials being purchased immediately upon arrival. The surge in demand stems from expanding downstream industries, particularly new energy vehicles and artificial intelligence applications. Recycled copper is processed from scrap and waste copper sources and offers advantages including lower carbon emissions and stable quality compared to primary co

According to Japan's public broadcaster NHK, Kumamoto prefecture experienced over 80 perceptible aftershocks following an earthquake that struck on the afternoon of July 27.

According to Teamshares (NASDAQ: TMS), CFO Brian Gaebe and Head of Capital Markets Nile Corso will present at the 26th Annual CJS New Ideas Summer Conference on July 9, 2026, in White Plains, New York. The presentation is scheduled to begin at approximately 2:00 p.m. ET. Both executives will be available for one-on-one and small group investor meetings during the conference.

Flipster has secured a full operational Exchange licence from Dubai's Virtual Assets Regulatory Authority (VARA) on July 28, enabling the cryptocurrency trading platform to offer regulated virtual asset services in the United Arab Emirates. The licence, issued as Licence No. VL/26/07/002, upgrades Flipster FZE's earlier in-principle approval to full operational status. The platform will begin offering spot trading services to UAE customers, with plans to expand its regulated product offerings ov

According to PANews, Zcash activated the Ironwood NU6.3 network upgrade at block height 3,428,143 on July 28, introducing a new shielded pool to enhance network security and enable independent verification of ZEC circulating supply. The upgrade restricts the legacy Orchard pool from accepting new funds; existing funds must migrate through a turnstile mechanism to the new Ironwood pool. The Ironwood pool is based on a formally verified and independently audited protocol designed to prevent risks

Alphabet disclosed last week that it significantly raised its 2026 capital expenditure forecast to accelerate AI data center construction, triggering market concerns about artificial intelligence investment returns. The stock plummeted 7% the following day, dragging down Amazon, Meta, and Microsoft in tandem. The selloff reflects investor concerns that surging infrastructure spending may deplete cash reserves with unclear returns; Alphabet's free cash flow turned negative for the first time in t

Argentine President Javier Milei will speak Thursday at 20:00 local time to address central bank reform, according to his official schedule.

According to BlockBeats citing Coinglass data, Sandisk (SNDK) contract liquidations reached $12.84 million in the past hour on July 28, with long positions accounting for $11.74 million and short positions $1.09 million. The liquidation amount ranks third globally, trailing only Bitcoin and Ethereum.

Teamshares (Nasdaq: TMS), a tech-enabled SME acquiror, began trading publicly on June 23, 2026, according to an official announcement. T Rowe Price Investment Management anchored a $126.5 million equity investment in the company. Founded in 2019, Teamshares has grown to 93 businesses with consolidated revenue of $490 million across over 40 industries and 30 states. The company acquires businesses with $0.5 to $5 million EBITDA from retiring owners and helps employees gain stock ownership.

According to BIT (bit.com) market data, U.S. storage sector stocks declined sharply on July 28. Seagate Technology (STX) fell 13.34%, Western Digital (WDC) dropped 14.58%, SanDisk (SNDK) declined 16.76%, Micron Technology (MU) fell 11.83%, and SK Hynix ADR (HYNXF) dropped 9.37%.

Spot silver declined over 3% intraday on July 28, trading at $56.65 per ounce.

The Federal Reserve is expected to leave interest rates unchanged at 3.50%-3.75% on July 29, with markets pricing an 68.5% probability, according to the CME FedWatch tool as of July 28. However, the real focus is September: FedWatch shows a 77.4% chance that rates will be higher by the September 16 meeting, composed of a 56.3% probability of one quarter-point hike and a 21.1% chance of two increases. Fed Chair Kevin Warsh has removed forward guidance from recent statements, leaving the September

According to Fred Thiel, CEO of MARA Holdings, powering AI data centers is more profitable than Bitcoin mining, he stated in a recent interview. Thiel explained that the rapid growth in artificial intelligence is driving mining companies to diversify into AI infrastructure, as the energy demands of data centers present higher revenue opportunities than traditional cryptocurrency mining operations.

According to an announcement on Tuesday, Core Scientific and AMD agreed to a partnership securing more than 500 megawatts of U.S. data-center capacity starting in 2027, with the ability to scale up to 2.5 gigawatts. The collaboration covers physical infrastructure design and deployment of AMD Instinct GPUs, EPYC CPUs and ROCm software for AI workloads. AMD will receive market-priced warrants to purchase Core Scientific common stock (CORZ) subject to certain commercial conditions. CORZ shares ros

The U.S. Federal Reserve's Federal Open Market Committee (FOMC) kicked off its two-day monetary policy meeting at 22:00 Beijing time on July 28.

According to TechCrunch, AI voice startup Fish Audio announced the completion of a $50 million seed funding round on July 28, led by Coreline Ventures and Capital Today. Founded by Nvidia researcher Shijia Liao, Fish Audio developed an open-source voice generation model trained on a single GPU. Its Fish Speech project has garnered over 31,000 stars on GitHub and is widely used by independent developers, game designers, and content creators. The company released 5 models over the past year, inclu

According to CoinGlass, digital asset long positions worth $447 million were liquidated in the past 24 hours on July 28, the largest amount in 33 days. Bitcoin fell to $63,555, down 2.42% from 24 hours earlier, according to CoinMarketCap. Ethereum declined 3.29%, while XRP and Solana fell 4.28% and 3.38% respectively.

According to t54 Labs, the company launched the XRPL AI Hub on July 28, a unified platform connecting AI agents, applications, payment services, and developer infrastructure operating on Ripple's XRP Ledger. The hub enables developers to track AI agent payment activity, view available services, and access developer resources in one location. The XRPL mainnet has recorded over 1 million x402-based agent payment transactions, where AI agents autonomously request services, verify pricing, and appro

According to CoinGlass, SK Hynix perpetual futures on decentralized exchange Hyperliquid plunged 18% to $927 on July 28 before rebounding to $1,123 within 2 minutes. The sharp price swing triggered liquidations of long positions totaling $179,830 over the one-hour period, ranking sixth among all assets by liquidation volume. Short position liquidations reached $5,620. The cause of the price movement remains unclear.

Lotus Technology Inc., Finloop Finance Technology Holding Limited, and FOMO Pay have signed a non-binding memorandum of understanding to explore real-world asset tokenization and blockchain-based payment solutions in the luxury mobility sector. The collaboration will focus on digital asset issuance, tokenization, distribution, and compliant payment models. Finloop will provide expertise in RWA tokenization and its proprietary tokenization platform, while FOMO Pay will contribute cross-border pay