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
16:38

Swan CEO Claims Tether Controls Twenty One for U.S. Political Interests on Thursday

According to Swan Bitcoin CEO Cory Klippsten in a Thursday podcast interview on The Starting Block, Tether effectively controls Twenty One Capital, a publicly traded U.S. bitcoin treasury company, and uses it as a vehicle to advance Tether's American political interests. "It's kind of their U.S. entity for them to do U.S. things and, you know, line pockets where needed for political reasons," Klippsten said, though he provided no evidence to support the claim. Tether did not immediately respond
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BTC-2.32%
16:38

Cognition AI Acquires Poke Developer Interaction, App Hits 100M Messages in 3 Months

According to PANews, AI programming company Cognition AI acquired The Interaction Company of California on July 24. The acquisition grants Cognition ownership of Poke, an AI agent running natively on Apple Messages that has processed over 100 million messages in the past three months. Poke is currently the only AI agent with native Apple support and direct integration into Apple Messages. Following the acquisition, Cognition plans to leverage its models and infrastructure to improve Poke's speed
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16:37

U.S. 10-Year Treasury Yields Surge 4.70bp to 4.704% on July 23 Amid Oil Price Rally

According to Yonhapinfomax, on July 23 (U.S. Eastern Time), U.S. 10-year Treasury yields rose 4.70 basis points to 4.704%, while 2-year yields climbed 5.60 basis points to 4.358%. The 30-year yield increased 3.40 basis points to 5.180%. Geopolitical tensions in the Middle East, including threats to shipping lanes in the Red Sea's Bab al-Mandeb Strait, drove crude oil prices sharply higher. WTI crude futures for September delivery surged 5.80% to $91.84 per barrel, while Brent crude jumped 7.15%
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16:37

Fed Rate Hike Odds Rise to 37.9% as Oil Hits $100, Treasury Yield Surges to 4.7%, Dollar Strengthens on July 24

According to BlockBeats and CME data, on July 24, three macroeconomic pressures pushed markets into turmoil: crude oil touched $100, the 10-year Treasury yield surged to 4.7%, and the dollar index climbed above 101. These moves have elevated the probability of a Federal Reserve rate hike next week to 37.9%, according to CME FedWatch data, with the probability of holding rates steady at 62.1%. The Federal Reserve will announce its interest rate decision on July 30 (Thursday) at 2:00 AM Beijing ti
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16:30

Smart Money Buys Jimothy for $755, Holdings Now Worth $447K With 596x Gains

According to GMGN data, a smart money address purchased Jimothy for approximately $755 and the holdings are now worth approximately $447,000, representing cumulative unrealized gains of over $446,000 with a return rate of around 596x. The address has made minimal sales of approximately $2,090 and continues to hold 12.79 million Jimothy tokens, representing approximately 1.27% of total supply.
16:29

German 2-Year Bund Yields Rise 4.3bp on ECB Decision Day

On July 23, German 2-year Bund yields rose 4.3 basis points to 2.885%, trading within a 2.854%-2.906% range throughout the session. The yields dipped about 2 basis points after the European Central Bank held rates steady at 20:15 CET. German 10-year Bund yields gained 3.2 basis points to 3.203%, while yields across major eurozone peers also climbed, with France's 10-year rising 4.8bp, Italy's 4.8bp, Spain's 4.2bp, and Greece's 4.8bp.
16:27

U.S. to Announce 10% Tariff Response Plan Thursday as Duty Set to Expire Friday

According to Jin10, the U.S. will announce its response plan Thursday evening for the expiring 10% baseline tariff, which is set to expire Friday. White House Press Secretary Karolyn Levitt stated that U.S. Trade Representative Jamieson Griller will release the government's tariff plan later Thursday. The 10% tariff, implemented under Section 122 of the Trade Act, was a temporary measure with a maximum effective period of 150 days.
16:24

Anthropic Considers Requiring Employees to Sell Stock Through Preset Trading Plans Post-IPO

According to The Information, Anthropic is considering requiring employees to sell stock through preset trading plans following an IPO to comply with insider trading regulations. The arrangement would use Rule 10b5-1 plans, which allow investors to set predetermined sale schedules in advance. Such plans typically apply only to executives, directors, and certain finance and legal staff; extending the requirement to rank-and-file employees would be an unusual move in the industry.
16:20

BitMEX Closes, BMEX Token Plunges 95%; Bubblemaps Reports 75% Supply Never Distributed On-Chain

According to blockchain data analysis platform Bubblemaps, BitMEX's native token BMEX plunged approximately 95% after the exchange announced its closure on July 24. Analysis reveals that about 75% of BMEX's total supply, originally designated for employee incentives, ecosystem development, and long-term reserves, was never completed as on-chain transfers. Chain data shows only one recorded token claim: on November 2, 2022, the product and liquidity address withdrew approximately 63.75 million BM
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16:17

Lagarde Pledges to Serve Until 2027, ECB Succession Race Formally Begins in Five Months

According to Bloomberg, European Central Bank President Christine Lagarde pledged on July 23 to remain in office until 2027, setting the stage for a formal leadership succession contest within the next five months. The commitment marks her clearest forward guidance on a potential departure and preserves the timeline for her term to conclude as scheduled in October 2027. Economists identify Pablo Hernández de Cos, Klaas Knot, Joachim Nagel, and Isabel Schnabel as the leading candidates to succeed
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16:15

Bithumb Introduces Video Verification for Elderly Users on July 24 to Combat Fraud

According to Daum, Bithumb introduced video call-based identity verification for elderly users on July 24 to prevent account impersonation, account rental, and cryptocurrency investment fraud. If verification detects unauthorized account usage, login will be restricted immediately. Should users fail to answer the video call, the system will attempt contact up to four times; if verification remains incomplete, withdrawal and asset transfer functions will be temporarily disabled until identity con
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16:13

Microsoft Tests Ad-Supported Cloud Gaming; Amazon Integrates Luna Into Prime Video

According to CNBC, Microsoft's Xbox division announced Thursday it will test an advertising-supported cloud gaming service, aiming to lower access costs for players. The test is available to Xbox Insider Program members with one-hour session limits. Meanwhile, Amazon announced plans to integrate its Luna cloud gaming service into Prime Video, bundled with Prime subscriptions at $14.99 per month. The move gives Luna greater visibility on Amazon's website, previously accessible only through a dedi
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16:13

Nvidia CEO Jensen Huang Backs Chinese AI Models DeepSeek and Kimi on July 24

According to U.S. media, Nvidia CEO Jensen Huang backed Chinese open-source AI models on July 24, stating that DeepSeek and Kimi are excellent and should be widely adopted. Huang said the market had previously misunderstood the impact of these models and that outstanding open-source AI models should not be feared by the United States. He believes their broader application will drive significant growth across the industry.
16:12

Ripple's UBRI Surpasses 60 Academic Partners, Driving AI and Post-Quantum Cryptography Research

According to its 2025–2026 Advancing Blockchain Research with Real-World Impact report released today, Ripple's University Blockchain Research Initiative (UBRI) has expanded to more than 60 leading universities worldwide. The report highlights three key research frontiers: AI-powered financial infrastructure for automating payments and enabling autonomous agents, tokenized assets and digital markets to improve settlement times and broaden investment access, and post-quantum cryptography to secur
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16:12

Nasdaq-Listed Canton Strategic Completes Sale of Gravitas Life Sciences on July 17

According to PRNewswire, Nasdaq-listed Canton Strategic Holdings completed the sale of its biotech research unit Gravitas Life Sciences to Gravitas Collective Corp on July 17, 2026. The transaction was unanimously approved by the company's board. Following the divestment, Canton Strategic will focus on its Canton Network platform to advance asset tokenization, financial market digitalization, and financial infrastructure services.
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