Gate Crypto Flash News and Market Updates

According to S3 Partners, Tesla stock plunged 15% today, enabling short sellers to post an estimated $4.12 billion in single-day mark-to-market profits. S3 data shows approximately 3% of Tesla's shares are currently shorted.

According to CNBC interview on Thursday, IBM CEO Arvind Krishna claimed that only 2% of the company's software could be replaced by artificial intelligence applications, as he sought to reassure investors following disappointing second-quarter results. Krishna told CNBC's "Squawk on the Street" that the remainder of IBM's software helps clients prepare for AI by unlocking real-time data and reducing management complexity across hybrid infrastructure. However, IBM's Q2 performance contradicted th

According to Jin10, citing U.S. media reports from yesterday (July 22), Nvidia founder and CEO Jensen Huang stated in an interview that Chinese open-source AI models are excellent and the U.S. should not fear them. Huang defended Chinese large language models, arguing that high-quality open-source models should be used and dismissed misconceptions about DeepSeek and Kimi's impact. He explicitly opposed restricting or banning Chinese open-source models, believing the world needs both open-source

U.S. prosecutors are withdrawing a subpoena issued to a New York Times reporter in an investigation into alleged leaks of classified documents related to former President Donald Trump's flight records.

On July 23, South Korea's KOSPI index recovered to 7,096.89, up 4.40%, as foreign investors and institutions drove buying pressure across the market. According to Daishin Securities, Alphabet's second-quarter earnings and expanded capital expenditure guidance signaled sustained AI infrastructure demand and data center investment plans, boosting semiconductor investment sentiment. Foreign investors net-purchased 2.148 trillion Korean won across both markets on July 23, with SK Hynix and Samsung E

According to Bloomberg data, CBOT wheat futures fell 1.59% to $6.9450 per bushel at the close of New York trading on July 23. The Bloomberg Grains Index declined 0.08%, settling at 32.97 points.

Canadian Prime Minister Carney stated that if no settlement is reached with the United States by August 19, when Trump's tariffs take effect, all options remain possible. The deadline marks a critical juncture in ongoing trade negotiations between the two nations.

Gate News message, two wallets belonging to the same entity have unstaked 2.92M HYPE tokens, valued at approximately $170.1M, after an 8-month staking period. Both wallets currently hold 0 HYPE in the staking contract. The addresses involved are 0xcef1c075dbfe6b2d774c74a8b94e8350e9b42c25.

Canadian Prime Minister Carney said this week that Canada's interactions with the United States demonstrate the breadth and depth of bilateral engagement, underscoring the significance of the two countries' trade relationship.

Onshore yuan (CNY/USD) traded at 6.7777 against the U.S. dollar at 3:00 a.m. Beijing time on July 23, down 27 points from Wednesday's night session close. Trading volume reached 30.712 billion U.S. dollars.

According to state media, on July 23, U.S. Central Command resumed its maritime blockade of Iran 9 days ago, forcing 12 commercial vessels to alter course and rendering 1 ship unable to navigate. The blockade aims to prevent vessel entry and exit from Iranian ports and coastal areas.

According to U.S. Central Command, on July 23, the U.S. military has forced 12 commercial vessels to change course and disabled 1 ship since resuming its maritime blockade of Iran 9 days ago. The blockade aims to prevent vessels from entering or leaving Iranian ports and coastal areas.

U.S. President Trump stated that Iran is weaker compared to four months ago, according to recent remarks.

According to CNBC, Cerebras shares gained about 4% on Thursday after the chipmaker forged a partnership with Advanced Micro Devices to work together on artificial intelligence systems. Under the agreement, Cerebras chips will be integrated into AMD's Helios AI systems, which will be deployed in Cerebras data centers starting later in 2026. Server buyers will also be able to configure AMD systems with Cerebras' wafer-scale chips.

U.S. President Donald Trump stated today that 159 Iranian military vessels have been sunk.

According to Grayscale head of research Zach Pandl, Bitcoin may have already hit its cycle low on Wednesday, conditional on the Federal Reserve not raising rates further. The firm rejects the traditional four-year cycle framework, which predicts a bottom in September or October with an average 80% drawdown, instead viewing Bitcoin as a macroeconomic asset. With Bitcoin currently trading around $65,000—roughly 49% below its October 2025 peak of $126,000—Pandl argues that if the Fed foregoes rate

On Thursday, Bitcoin slid below $64,700, triggering $42.3 million in long liquidations, as U.S. Senate progress on the CLARITY Act stalled and crude oil surged past $101 per barrel. The cryptocurrency declined 2% from just over $66,000 earlier in the day, with market capitalization falling from $1.32 trillion to $1.3 trillion. According to Bitunix analyst Dean Chen, the selloff reflects broader macro pressures: legislative momentum on the CLARITY Act faltered amid renewed partisan friction, whil

According to Farside Investors, US spot Bitcoin ETFs recorded $69.1 million in net inflows on July 22, marking the seventh consecutive day of net inflows. On-chain data platform Santiment reported that total ETF inflows since July 14 have reached $981.2 million, coinciding with Bitcoin rising to $66,300.

According to NH Investment & Securities, international gold futures prices fell 26% from their peak to around $4,000 on July 23, driven by Middle East tensions pushing oil prices higher and stoking rate-hike concerns. The precious metal declined from an all-time high of $5,600 reached in January. Hwang Byung-jin, head of fixed income research at NH Investment & Securities, told Money Today that while gold has faced pressure from tightening expectations, the downside appears limited. He forecasts

AMD's second-generation Helios AI server has entered full mass production and is expected to begin shipping by the end of the third quarter, CEO Su Zifeng announced on July 23. OpenAI will deploy Helios racks at scale by year-end and accelerate adoption in 2027, according to Sachin Katti, OpenAI's VP of compute strategy. Helios integrates AMD's latest MI455X AI accelerators and Venice-generation CPUs, both manufactured by TSMC. The device targets Nvidia's flagship AI inference market.