Gate Crypto Flash News and Market Updates

According to BlockBeats, NVIDIA CEO Jensen Huang posted his first personal tweet on July 24, sharing an open letter titled "Open Weights and American AI Leadership," co-signed by over 20 technology companies and organizations including Meta, Microsoft, Andreessen Horowitz, Hugging Face, IBM, Mistral AI, Palantir, Perplexity, Mozilla, and Y Combinator. The letter argues that open-weight models—AI systems that anyone can download, inspect, modify, and run on their own infrastructure—expand AI econ

American Express shares fell 5% in pre-market trading on July 24.

According to Japan's public broadcasters, exploration ships on July 24 recovered seabed mud from approximately 5,600 meters depth near Minami-Tori Island, containing 17 rare earth elements. Yttrium, used in semiconductor equipment and jet engine components, comprises about 30 percent of the sample, while neodymium, essential for electric vehicle motors and high-performance permanent magnets, accounts for approximately 20 percent. Japan plans to conduct a one-month mining test starting in Februar

According to BlockBeats, Memecoin.Fun, a token issuance platform on Robinhood Chain, completed a $3.5 million strategic funding round today (July 24), led by Becker Ventures via USDG Token. BitValue Capital, Mason Labs, and Negentropy Capital also participated in the round. Proceeds will fund development of Robinhood Chain Launchpad infrastructure, cross-chain bridge functionality, and a cross-chain Memecoin platform.

According to BlockBeats, on July 24, NVIDIA CEO Jensen Huang has reportedly registered an account on X (formerly Twitter). The NVIDIA AI official account has already followed the account.

According to The Block, two former BitMEX customers filed a proposed class action lawsuit against BitMEX co-founders Arthur Hayes, Samuel Reed, Benjamin Delo, and Gregory Dwyer on July 24, 2026, alleging the exchange operated an undisclosed 'Insider Trading Desk' that traded against customers using private account data. Plaintiffs BKX Services and David Namdar claim BitMEX deliberately froze servers during high volatility to force liquidations. BKX Services says it lost approximately 305.8 BTC a

According to The Financial Times, Meta Platforms is preparing to raise $12 billion through a BlackRock-backed special-purpose vehicle to fund a nearly one-gigawatt data center in El Paso, Texas, with financing expected to launch as early as next week. Bond investors are demanding yields above 7%, roughly 0.4 percentage points higher than the company secured during its record $27 billion "Hyperion" financing completed last October. Applied to the $12 billion offering, the higher yield could trans

According to BlockBeats and HTX market data, Bitcoin plunged over 0.6% within 10 minutes before U.S. market open on July 24, now trading at $64,395.54. Trader Killa (@KillaXBT) monitored significant buy orders stacked below the current price, with the densest layer of bids appearing near $58,000. Similar order accumulation was observed during the market-wide crash on June 6.

According to China Coast Guard spokesperson Jiang Lue, on July 24, the Philippines organized 7 administrative vessels, 3 coast guard ships, and 1 transport fishing vessel, while instructing numerous fishing boats to illegally congregate in China's Huangyan Island jurisdiction. Three Philippine vessels (No. 3001, 3005, and 3017) disregarded repeated Chinese warnings and intruded into Chinese territorial waters. In response, China Coast Guard employed megaphone warnings, interception controls, and

According to TASS, Russian Central Bank Governor Elvira Nabiullina stated that investors may transfer cryptocurrency abroad without restrictions by investor category. However, such activities remain unprotected under law.

White House officials announced on July 24 that U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy will meet in Washington on July 28.

According to Jin10, Brent crude futures fell over 3% on Friday (July 24) after briefly breaking through $100 per barrel. Despite the decline, the commodity maintained a weekly gain exceeding 10% due to heightened supply concerns. Rystad Energy analyst Janis Shah attributed the upward pressure to ongoing U.S. strikes on Iran, increased Houthi involvement in the Red Sea, and disruptions to the CPC pipeline. Shah noted that the strait of Hormuz disruption has approached March peak levels.

According to Natixis economists Christopher Hodge and Selin Aker, the Federal Reserve will likely keep rates unchanged at its July meeting and maintain that stance through 2026, as recent economic data supports an extended pause. June's employment report showed payroll gains of 57,000, softer than the preceding three-month average of 164,000, while headline CPI declined 0.4% on the month and core CPI remained flat, according to their FOMC preview. Natixis expects the vote may not be unanimous, w

On July 24, 2026, Blueshift Tech and Intel formally announced the signing of a memorandum of understanding to jointly develop advanced packaging technology based on Through-Glass Via (TGV) glass substrates. The collaboration aims to combine their core advantages to address next-generation semiconductor advanced packaging needs driven by artificial intelligence and high-performance computing applications. Under the agreement, Intel will provide semiconductor architecture solutions, design-for-man

According to Crypto in America, major U.S. crypto industry associations are urging the Senate to advance votes on the Clarity Act on July 24, though the bill currently lacks the 60 votes needed for procedural approval. The latest 616-page bill text has been endorsed by Digital Chamber, Crypto Council for Innovation, and Blockchain Association, which believe it strengthens efforts against illicit funding and establishes the first federal consumer protection framework for the crypto market. Howeve

Turtle has acquired Lunar Strategy on July 24, 2026, a Web3 growth firm founded in 2019. According to the announcement, Lunar has brought over 400 projects to market, managed more than $30 million in campaign spending, and built a network of 1,500+ creators across crypto. Lunar will continue operating under its own brand within Turtle, with its production powered by Turtle's distribution stack. The combined offering aims to connect onchain assets with capital allocators through a unified platfor

According to Xinhua, China's Public Security Minister Wang Xiaohong met with FBI Director Patel today (July 24). Both sides agreed to deepen cooperation in drug trafficking, telecom fraud, child protection, money laundering, and fugitive extradition, aiming to strengthen bilateral law enforcement collaboration.

According to CoinDesk, a farmer in Paraná, Brazil raised nearly $20,000 in credit by tokenizing 10 dairy cattle through RWA (Real World Assets) on the B3 securities exchange on July 24, bypassing local banks' tightened lending to small agribusinesses. Cowmed, the Brazilian agri-tech company behind the initiative, equipped each cow with an AI-powered Smarty Collar that monitors health, behavior, and location in real time; encrypted data generates a digital identity written into B3 credit agreemen

According to financial disclosures reviewed by Reuters, U.S. President Trump earned over $1.4 billion from family crypto projects including World Liberty Financial and Trump meme coin last year. Financial filings submitted to the U.S. Office of Government Ethics showed his stock and bond portfolio grew at least threefold following the crypto inflows, reaching $703 million to $2.6 billion by end of 2025, compared to $225 million to $608 million at end of 2024. Harvard Kennedy School digital asset

According to state media CCTV, a commercial vessel named Disha came under attack from unidentified projectiles near the Strait of Hormuz on July 24, with 30 crew members on board. Based on radio recordings provided by maritime personnel, the vessel issued a distress signal reporting engine room smoke and requesting immediate rescue assistance.