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
20:38

Former BlackRock Manager Dowd Warns Credit Cycle Has Started, Expects Gold to Hit $10,000

According to Ed Dowd, former BlackRock portfolio manager and founding partner of Phinance Technologies, the credit-default cycle has already begun and will eventually impact pension funds. Speaking to Kitco News in a recent interview, Dowd cautioned that private-credit risks—accumulated through unregulated structures that grew 50-75% in 2024-2025—are being packaged into securities and sold to insurers, a model he compared to pre-2008 crisis practices. "The losses land on insurers, asset managers
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20:37

Fed's Asset Sheet May Not Resume Shrinking Until Late 2027, Says TD Securities

According to TD Securities strategists Gennadiy Goldberg and Molly Brooks, the Federal Reserve's asset sheet may not begin shrinking until late 2027. Even then, the central bank may choose to maintain the balance sheet's size and let economic growth digest it naturally, rather than resume direct quantitative tightening (QT).
20:34

U.S. Stock ETFs Mixed on July 22; Semiconductors Up 0.48%, Energy Up 1.20%

On Wednesday, July 22, most U.S. stock industry ETFs declined, with technology and internet-focused ETFs falling as much as 1.86%, global aviation ETF and biotechnology ETF also posting losses. Semiconductor ETF gained 0.48%, while energy sector ETF rose 1.20%. Among the 11 sectors in the S&P 500 index, telecommunications fell 1.29%, consumer discretionary declined 0.84%, information technology flat at up 0.01%, energy up 1.19%, materials up 1.45%, and utilities led gains at 2.29%.
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20:25

Brent Crude Surges to $94.07, Up 3.36% on July 22 as U.S.-Iran Tensions Escalate

According to Yonhapnews, crude oil prices rose sharply today (July 22) amid escalating U.S.-Iran conflict. Brent crude futures for September delivery closed at $94.07 per barrel on the ICE exchange, up 3.36% from the previous session. U.S. West Texas Intermediate (WTI) crude for September delivery also rose 2.95% to $86.83 per barrel on the New York Mercantile Exchange.
20:22

Zilliqa Halts ZIL Trading After Critical Ledger Vulnerability Disclosed on July 19; Upbit and Bithumb Issue Warning

According to Zilliqa's official statement, a critical vulnerability in the Ledger application was discovered affecting ZIL transactions, with active exploitation observed on July 19th. The flaw impacts all Ledger app versions from 2019 to 2026 and makes private keys vulnerable to recovery attacks. In response, Zilliqa suspended ZIL transactions, though EVM transactions remain unaffected. Following the disclosure, South Korea-based exchanges Upbit and Bithumb classified ZIL as a "warning asset" a
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20:21

Cathie Wood Says SpaceX Could Become 'Most Important Company in History' as Stock Slides 48%

According to a Fox Business interview on July 22, Ark Invest CEO Cathie Wood said SpaceX could become "the most important company in history," citing its potential in space exploration, global communications, and artificial intelligence infrastructure. Wood emphasized Starlink's role as a first-mover satellite broadband operator with 70% of deployed satellites globally. SpaceX shares traded at $116.95 on July 22, down 48% from their $225.64 52-week peak and 13% below the $135 IPO price. Despite
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20:16

Alphabet Q2 Revenue Beats at $119.8B; Google Cloud Surges to $24.77B

According to Alphabet, on July 22, 2026, the company reported Q2 revenue of $119.80 billion for the quarter ended June 30, surpassing consensus estimates of $117 billion. Revenue ex-TAC reached $103.62 billion versus the expected $101.07 billion. Google Cloud revenue delivered a standout $24.77 billion, significantly exceeding the $22.46 billion forecast. Google Services generated $94.54 billion, advertising revenue hit $81.63 billion, and operating income reached $40.77 billion. Capital expendi
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20:16

Gold Futures Rise 1.71% to $4,146.30 Per Ounce on July 22

According to COMEX data, gold futures for August delivery rose $69.90, or 1.71%, to $4,146.30 per troy ounce on July 22 (U.S. Eastern Time). The rally marks a second consecutive day of gains. Despite headwinds from rising U.S. Treasury yields, which typically reduce gold's appeal as a non-yielding asset, buying interest at the $4,000 support level is driving the rebound. Activizes chief analyst Ricardo Evangelista noted that the $4,000 level remains a strong technical support, though energy pric
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20:12

Payward Partners With GTN to Expand Kraken's xStocks to Hong Kong, Europe, and South Korea on Wednesday

Payward, the parent company of crypto exchange Kraken, partnered with global fintech GTN on Wednesday to expand xStocks beyond U.S. equities for the first time. The collaboration will introduce tokenized stocks from Hong Kong, the U.K., Europe, and South Korea, subject to regulatory approvals in each jurisdiction. GTN will provide execution, custody, and record-keeping for the assets underlying each token. According to Payward, xStocks has processed over $35 billion in transaction volume since l
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20:10

IBM Reports Q2 Revenue of $17.16B, Misses Software Forecast and Cuts Full-Year Growth Outlook

IBM reported second-quarter revenue of $17.16 billion. Software revenue reached $7.76 billion, missing the analyst consensus of $7.99 billion, while consulting revenue came to $5.33 billion versus the expected $5.39 billion. The company trimmed its full-year revenue growth guidance to 4%-5% on a constant-currency basis, down from its prior projection of approximately 5%.
20:07

U.S. Stock Indices Close Lower on July 22, Nasdaq Down 0.57%

On July 22 (Wednesday), U.S. stock indices closed lower. The Dow Jones Industrial Average declined 5.71 points, down 0.01% to 52,218.93. The S&P 500 fell 10.22 points, down 0.14% to 7,498.98. The Nasdaq Composite dropped 146.30 points, down 0.57% to 25,690.90.
20:05

U.S. Stock Indices Close Mixed on Wednesday; SpaceX Slides 6.7% to Record Low

According to Gate market data, U.S. stock indices closed mixed on Wednesday (July 22). The Dow Jones Industrial Average fell 0.01%, the S&P 500 declined 0.14%, and the Nasdaq-100 dropped 0.57%. SpaceX (SPCX.O) slid 6.7%, hitting a new closing low. Nvidia (NVDA.O) rose 2.3%, while SK Hynix (SKHY.O) fell 3.8%.