Gate Crypto Flash News and Market Updates

According to White House Press Secretary Leavitt, President Trump will address election integrity tonight (July 16).

According to the White House, President Trump will travel to New York tomorrow, July 17.

According to Iran's TASNIM news agency, the U.S. Embassy in Iraq has issued a security alert, urging American citizens to remain on high alert and warning of possible temporary closure of airspace in the region.

According to Jin10, Federal Reserve official Logan stated on July 17 that the Fed should raise rates to combat elevated inflation. Logan indicated she may oppose a decision to hold rates unchanged later this month. She noted that June CPI data released on Tuesday showed inflation slowing, though not enough for her to confirm inflation has returned to the Fed's 2% target path. Logan stated that while June CPI suggests inflation could return to target with a more positive outlook, the path remains

According to Jin10, Federal Reserve official Logan stated today that employment downside risks have eased, while inflation risks remain primarily to the upside.

On Thursday (July 16), the Federal Reserve's overnight reverse repurchase agreement (RRP) facility saw usage of $125 million from one counterparty, down from $151 million on the previous trading day.

Kansas City Federal Reserve President Beth Schmid, a 2028 FOMC voting member, is scheduled to deliver remarks in approximately ten minutes.

According to Qatar's International Media Office, Qatar today strongly rejected Israeli media reports claiming it agreed to participate in military action against Iran, stating the reports are completely false.

Qatar's International Media Office reiterated that the country will not engage in military operations against any neighboring nation, amid the ongoing regional conflict. The stance has been repeatedly emphasized throughout the current situation.

According to Onchain Lens monitoring data, BlackRock withdrew 1,246 BTC (approximately $80.6 million) and 3,542 ETH (approximately $6.69 million) from Coinbase Prime on July 17, according to BlockBeats.

On July 16, Chinese metal futures closed with mixed performance on the night session. Base metals posted gains led by Shanghai lead, which surged 1.57%, followed by Shanghai nickel up 0.61%, Shanghai tin up 0.53%, Shanghai zinc and aluminum each up 0.39%, while international copper rose 0.01% and Shanghai copper declined 0.08%. Among other commodities, stainless steel gained 1.16%, aluminum alloy rose 0.52%, while alumina fell 0.59%.

According to the Federal Reserve, seasonally adjusted U.S. commercial paper outstanding decreased by $6.6 billion for the week ending July 15. Unadjusted commercial paper fell by $2.4 billion, while foreign financial institution commercial paper dropped by $3.5 billion during the same period.

This week, as Bitcoin cleared $65K and Ethereum surged nearly 6% on softer inflation data, XRP lagged significantly with prices trading at $1.10, down 0.54%, while technical indicators show weakness with a confirmed daily death cross. XRP's overall indicator score stands at -42%, underperforming broader crypto market gains driven by June CPI falling 0.4%—the steepest single-month drop since April 2020. A key near-term catalyst for XRP, the Senate floor vote on the Clarity Act, has slipped past i

According to Lanqi Semiconductor's official announcement, on July 15, South Korea's Seoul Central District Prosecutors' Office conducted an on-site investigation and evidence collection at the company's Korean office regarding potential antitrust law violations. Lanqi said it is fully cooperating with the inquiry and noted that no employees or executives have been charged with any misconduct as of the announcement date; operations remain normal. The company cautioned that the investigation is in

According to South Korean financial authorities' announcement on July 16, single-stock leverage ETF minimum deposit requirement will increase to 30 million won from 10 million won starting August 5, with mandatory cash-only holdings from August 19. Previously, investors could use stocks, ETFs, and bonds valued at up to 70% of their market price to meet deposit requirements; the new rule eliminates this provision. Financial regulators estimate the measure will reduce total leverage ETF market cap

According to Odaily, prediction market platform predict.fun has launched a Maker rebate mechanism for all Up/Down markets, offering users 25% returns on maker fees. Rebates are credited to accounts immediately upon trade execution, with no settlement delays. Compared to Polymarket, predict.fun's rebate offers two key advantages: a higher rebate rate and instant settlement rather than waiting for market resolution. This real-time rebate structure enables frequent traders and market makers to recy

According to Japan's Jiji Press on July 16, Prime Minister Takakichi Takaichi's cabinet support rate dropped to 49%, falling below the 50% mark. The rate declined 5.3 percentage points from June, marking the second consecutive month of decline. The disapproval rate rose to 25.2%, up 3 percentage points from the previous month.

According to Blockchain Association CEO Summer Mersinger speaking at the Injective Summit on Thursday, the U.S. Senate is expected to vote on the Digital Asset Market Clarity (CLARITY) Act as soon as next week, with ethics provisions emerging as the primary sticking point between Republican and Democratic lawmakers. Mersinger noted that a White House meeting with Republican senators on Thursday aimed to resolve the ethics disagreement, which has become central to bipartisan support efforts. Pred

In the past 24 hours as of 4:16 p.m. Beijing time on July 16, Bitcoin fell 0.71% to $64,418.58, while Ethereum declined 2.49% to $1,875.89. The MarketVector Digital Asset 100 Index dropped 1.16% to 12,825.74, with the small-cap segment down 0.40% to 2,197.47 and mid-cap index falling 0.97% to 2,578.78. XRP remained flat.

According to PANews citing Tencent News Deep Web, Huangfang Quantitative, backed by Liang Wenfeng, participated in Long Core Technology's IPO network underwriting yesterday (July 17) with a subscription price of 8.78 yuan per share. The maximum subscription quantity per bid was 230 million shares, with most of Huangfang's products bidding in the range of 70 million to 140 million shares. Huangfang Quantitative comprises Zhejiang Jiuzhang and Ningbo Huangfang Quantitative, both backed by Liang We