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
20:59

Netanyahu Outlines Three Iran Scenarios to Trump, Seeks Reduced U.S. Aid Dependence

According to the Israeli Times on July 29, Israeli Prime Minister Netanyahu outlined three scenarios regarding Iran during a meeting with U.S. President Trump, though without detailing any specific strategy. The three scenarios include: diplomatic agreement with Iran; a situation without agreement where the U.S. continues economic sanctions but does not launch another war; and a large-scale military offensive against Iran. Netanyahu also expressed hope to gradually reduce Israel's dependence on
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20:54

StoneX: Markets Overstate Fed Rate Hike Odds; Gold, Silver Face Headwinds

According to StoneX strategists on Wednesday, markets are overstating the probability of Federal Reserve rate hikes. Futures currently assign a 36% probability to a hike this week, 91% for at least one by year-end, and 60% for more than one hike, figures StoneX Chief Strategist Kathryn Rooney Vera says are too high. Head of Market Analysis Rhona O'Connell attributed June's weak CPI largely to energy price declines, with WTI still 10% higher than July start levels, and expects stronger July readi
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20:52

Bloomberg EV Price Return Index Rises 0.76% to 3261.71 on July 29

According to Bloomberg, the EV Price Return Index rose 0.76% to 3261.71 on Wednesday, July 29. Asia-Pacific markets showed significant gains around 10:00 Beijing time, before steadying near 3270. The index hit its daily high late in the session as Federal Reserve Chair Powell's press conference concluded.
20:52

Bloomberg Acquires Canoe Intelligence, Gaining Access to $11 Trillion in Private Markets Data

Bloomberg has agreed to acquire Canoe Intelligence, an AI-powered alternative investment data platform, to expand its private markets capabilities. Canoe serves over 500 institutional clients including asset owners, wealth managers, and family offices, collectively representing more than $11 trillion in assets under service. The acquisition integrates Canoe's private fund data automation into Bloomberg's portfolio management products, enabling institutional investors to analyze both public and p
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20:46

Caterpillar Falls on Baird Downgrade, Cites Data Center Construction Concerns

According to Baird analyst Mircea Dobre, Caterpillar Inc. stock experienced its largest single-day decline since April 2025 after the firm downgraded the company from outperform to neutral. Dobre cited rising restrictions on data center construction, a key growth driver, and noted that political headwinds including local government pauses and state tax incentive withdrawals pose risks to future orders.
20:44

Meta Q2 EPS Misses Consensus at $6.18 vs $7.22; Q3 Guidance Trails Expectations

According to Yonhap Infomax, Meta Platforms reported second-quarter earnings on July 29 that fell short of market expectations. Q2 earnings per share came in at $6.18, below the consensus estimate of $7.22, though revenue of $60.8 billion exceeded the expected $60.17 billion. The company raised its full-year capital expenditure guidance by $5 billion to $130-145 billion. For the third quarter, Meta issued revenue guidance of $61-64 billion (midpoint $62.5 billion), below the market consensus of
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20:43

Grayscale Research: Onchain Vaults Could Challenge $1.5T Traditional CLO Market, Currently $7B

According to Grayscale Research, the firm published a report on July 29 arguing that onchain vaults could eventually rival the collateralized loan obligation market, one of traditional finance's largest capital allocation mechanisms. Onchain vaults pool investor capital into professionally managed portfolios on blockchains like Ethereum, Base, and Solana, similar to how CLOs bundle loans into tranches for institutional buyers. Approximately $7 billion sits across over 3,000 vaults managed by 57
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ETH-1.80%
SOL-1.89%
20:37

BNY Mellon Launches Onchain Transfer Agency Covering $8.6 Trillion in Assets Today

According to Financial Times, BNY Mellon announced today the launch of a blockchain-based transfer agency platform designed to process fund transactions and maintain ownership records across $8.6 trillion in assets serving 7.6 million investor accounts. The platform will operate alongside BNY's traditional system as institutions test blockchain settlement and compliance processes. Baillie Gifford is using BNY's digital transfer agent for what it describes as the UK's first fully native, regulate
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20:33

South Korea's KOSPI Index Plunges Nearly 6%, Breaks Below 6,000 on July 29

South Korea's KOSPI index plunged nearly 6% on July 29, closing at 5,663.24 after breaching the 6,000 level for the first time. SK Hynix and Samsung Electronics, the index's heaviest components, led the decline with losses of 9.6% and 5.2% respectively. The index fell over 10% intraday, triggering circuit breakers. The selloff erased roughly 865 trillion Korean won in market value despite SK Hynix's record quarterly earnings announcement.
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20:32

Capricor Faces FDA Advisory Panel on Deramiocel Wednesday Amid Trial Analysis Scrutiny

According to Endpoints News, Capricor Therapeutics faced an FDA advisory committee meeting on Wednesday to review deramiocel, an experimental cell therapy for Duchenne muscular dystrophy (DMD). The FDA questioned the company's statistical analysis of its late-stage HOPE-3 trial, saying changes to the statistical plan after trial completion lacked scientific basis. The agency is expected to decide on the application by August 22. Capricor's original application was rejected in July 2025 for lacki
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20:31

Robinhood's Crypto Revenue Tops Estimates at $100M Despite 38% YoY Decline in Q2 2026

Robinhood reported $100 million in second-quarter 2026 cryptocurrency transaction revenue, beating consensus estimates of $86.6 million despite a 38% year-over-year decline. The company posted record quarterly revenue of $1.31 billion, up 32% year-over-year, with net income of $573 million and diluted earnings per share of $0.62, significantly exceeding market expectations. The results underscore Robinhood's successful diversification beyond crypto trading, with prediction markets generating $15
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20:25

SK Hynix Hits Record Quarterly Profit Amid Stock Decline, Analysts Say Valuation Too Low

According to securities industry consensus, SK Hynix recorded its highest quarterly operating profit in company history, following Samsung Electronics' similar milestone. However, shares declined as investor confidence shifted amid uncertainty over semiconductor demand outlook. Market analysts noted that current valuation levels appear significantly lower than justified by earnings prospects.
20:25

Hawkins County, Tennessee Votes 12-0 to Ban Crypto Mining Facilities on Monday

Hawkins County Commissioners in Tennessee voted unanimously 12-0 on Monday to ban the establishment, construction, installation, expansion and operation of crypto mining facilities and data centers in unincorporated areas of the county. The ban marks the county's second related measure, following a similar prohibition passed in September 2025 that was aimed at blocking ExoticRidge mining company from operating in the area. In January, the county and ExoticRidge had proposed a settlement that wou
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20:25

Meta's Reality Labs Q2 Operating Loss Hits $4.62B, Exceeding Analyst Forecast

Meta reported a second-quarter operating loss of $4.62 billion for Reality Labs, surpassing analyst expectations of $4.45 billion in losses. Total Q2 revenue reached $60.8 billion, beating analyst forecasts of $60.24 billion. The company issued Q3 revenue guidance of $61 billion to $64 billion, below analyst consensus of $63.17 billion. Meta shares fell 9% in after-hours trading following the earnings release.
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