Gate Crypto Flash News and Market Updates

According to a State Department announcement on Friday, the Bitcoin Policy Institute was named a founding partner of the U.S. Department of State's new Freedom Tech Excellence Program (FTEP), alongside Palantir Technologies, Anduril Industries, and the Victims of Communism Memorial Foundation. FTEP is structured as a talent-exchange program that will embed private-sector employees in State Department initiatives aimed at advancing diplomatic efforts around digital freedom, online expression, pri

On July 24, emerging market ETFs fell 1.97%, dragging down the major asset class. Brent crude oil ETFs dropped 1.63%, while barclays convertible bond ETF and Nasdaq-100 ETF declined 1.64% and 1.12% respectively. U.S. real estate ETF led gainers with a 2.15% rise, followed by soybean fund up 0.73% and Dow Jones ETF up 0.48%.

According to Assets Recovery Agency (ARA) court filings, Kenyan investigators froze $751,853 in USDT held in Binance accounts alongside cash totaling at least $888,030 linked to two residents in connection with an alleged $2.32 million money laundering scheme. The investigation, which commenced in October 2022, uncovered a multi-layered operation involving international remittance services, shell firms, and cryptocurrency exchanges designed to obscure fund origins. Court documents show 57 bank t

On Friday (July 24), the U.S. dollar index (DXY) rose to 101.49, marking its strongest week in over a month with a 0.7% weekly gain. The dollar strengthened amid heightened Middle East tensions—including attacks on Saudi oil tankers in the Red Sea by Iran-backed Houthi forces—which pushed Brent crude futures above $100 per barrel for the first time since May. Growing expectations of inflation pressure also lifted the dollar, with U.S. Treasury yields climbing sharply; the 10-year yield rose 14 b

According to a report released yesterday (July 23) by Hanwha Investment Securities analyst Um Su-jin, South Korea should prioritize amending its Capital Markets Act over the recently passed Commercial Act revisions to provide genuine shareholder protection. The report notes that while the Commercial Act amendment focuses on post-hoc accountability, the Capital Markets Act introduces proactive safeguards including a mandatory public takeover mechanism and fair merger valuation requirements. These

According to the European Council, on Thursday, the EU added cryptocurrency exchange HTX to its sanctions list targeting Russia, designating it as one of 18 entities "providing crypto-assets services or payment services established outside of the Union that are significantly frustrating the purpose of the prohibitions" against Russia. EU officials stated that the Union has repeatedly identified financial institutions and entities providing crypto-asset services that facilitate financial support

According to Lorenzo Valente, director of digital assets research at ARK Invest, real-world assets (RWAs)—tokenized versions of traditional financial instruments like stocks and commodities—accounted for 54% of Hyperliquid's trading volume in the week of July 13-19, marking the first time non-crypto assets dominated the exchange. Hyperliquid processed $26 billion in RWA trading volume, surpassing the combined perpetual crypto volume of every other decentralized exchange combined. South Korean ch

According to CME Fed Watch data sourced via Jin10, the Federal Reserve has a 62.1% probability of holding interest rates steady in July, with a 37.9% chance of a 25 basis point rate increase. For September, the Fed has a 15.1% probability of maintaining current rates, a 56.2% probability of a cumulative 25 basis point hike, and a 28.7% probability of a cumulative 50 basis point increase.

According to Kitco News and data from the U.S. Census Bureau, spot gold spiked to a session high of $4,069.98 per ounce on Friday morning (July 24) after new home sales data released at 10 am ET. U.S. new home sales rose 1.6% in June to a seasonally adjusted annualized rate of 628,000 units, exceeding the market consensus of 610,000 units but falling short of the expected 3.4% increase. Gold last traded at $4,061.76, up 0.30% on the day.

According to Kpler on July 23, vessel traffic through two critical Middle East maritime corridors showed diverging trends. The Strait of Hormuz experienced a notable decline in transit volume, while the Bab al-Mandab Strait, which connects the Red Sea and Gulf of Aden, saw traffic rebound.

On Friday, July 24, the Philadelphia Semiconductor Index plummeted 4.5%, with the Nasdaq falling 0.64%, as investors dumped chip stocks amid mounting concerns over artificial intelligence capital expenditure. The selloff was triggered after Alphabet announced a significant increase to its capex plan earlier in the week, raising questions among market participants about the long-term profitability of massive AI infrastructure investments. Intel dropped 7.9%, Micron fell 6.99%, and AMD declined 3.

According to CNBC, Waymo notified Uber on Friday that it will launch a standalone app in Atlanta and Austin in January 2028, ending the exclusive robotaxi arrangement in these two markets. Hundreds of Waymo robotaxis will continue to be available through the Uber app through at least May 2028 under their existing contract. A Waymo spokesperson said the move reflects the need to offer riders "choice in how they experience this technology." Uber shares dropped more than 4% following the announceme

According to Jin10, the Saudi-led coalition conducted an airstrike on Houthi military positions in Yemen's Hodeidah on the evening of July 24. The coalition stated it targeted military sites related to threats against Red Sea commercial shipping and did not designate the port as an attack target, emphasizing all local ports remain open for navigation. Houthi-affiliated al-Masirah television reported the strike hit facilities of a state-owned telecommunications company in Hodeidah and also struck

According to the U.S. Commodity Futures Trading Commission (CFTC), speculators' long positions in the Australian dollar reached the lowest level in 2026 during the week of July 21.

According to COMEX, on July 24, August gold futures rose 0.17% to $4,057.20 per troy ounce in afternoon trading. The uptick follows a broader market adjustment, with crude oil prices falling for the first time in six trading days: WTI September futures dropped 3%, while Brent crude September contracts declined 3.84%. U.S. Treasury yields also retreated, with the 10-year yield falling 1.80 basis points and the 2-year yield down 2 basis points. Independent metals trader Ty Wong noted that gold con

According to Jin10, crude oil prices fell significantly on July 24. WTI September futures dropped $2.88 to $89.31 per barrel, a decline of 3.12%, while Brent crude September futures fell $3.91 to $96.78 per barrel, down 3.88%.

On Friday (July 24), U.S. 10-year Treasury yield fell 1.61 basis points to 4.6771% in New York's close, while the 2-year yield declined 1.71 basis points to 4.3306%. For the week, the 10-year gained 12.96 basis points and the 2-year rose 15.60 basis points, with both yields maintaining an overall upward trend.

According to Jin10 Data, the U.S. dollar index rose 0.02% on July 24, closing at 101.468 by New York forex market close. The euro weakened to 1.1370 against the U.S. dollar, while sterling strengthened to 1.3326.

According to the Financial Services Commission, South Korea will raise the minimum cash deposit requirement for single-stock leverage exchange-traded funds (ETFs) and notes on Samsung Electronics and SK Hynix to 30 million won from 10 million won, effective July 31. The measure, originally scheduled to be implemented in two phases on August 5 and August 19, will now take effect simultaneously. Additionally, securities held as collateral will no longer be accepted as deposit assets, and deposit p

On July 24, President Trump stated at the White House that the U.S. and Iran continue to hold talks, despite recent mutual airstrikes between the two nations. When asked whether he had decided on a large-scale military strike against Iran, Trump said, "We are still in dialogue with them," and noted that Iran appears "serious this time," though he cautioned that this does not guarantee a deal will be reached.