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
18:02

Visa Unveils Stablecoin Platform for Banks and Fintech Companies, Launches Beta Support for Open USD

Visa on Thursday unveiled the Visa Stablecoin Platform (VSP), enabling banks, fintechs, and payment providers to issue, hold, and transfer stablecoins through its payments network. The platform integrates stablecoin minting, redemption, wallet infrastructure, and treasury management into a single enterprise system, combining stablecoin operations with existing payment and settlement workflows. At launch, VSP supports Open USD (OUSD) alongside Visa's existing support for USDC and USDG. The platfo
More
18:01

Europe Records 12,000 Excess Deaths in June as Temperatures Hit 40°C

According to CCTV, approximately 10 European countries recorded at least 12,000 excess deaths in June 2026, with temperatures in Western and Southern Europe exceeding 40°C. The figures are preliminary; official death tolls are expected to rise as more countries release updated statistics. High temperatures also triggered forest fires and strained electricity supply across the region.
18:01

Bitcoin Treasury Startup ORANGE JUICE Closes $40M Funding Round, Grupo Salinas Founder Ricardo Salinas as Cornerstone Investor

According to Odaily, bitcoin treasury startup ORANGE JUICE completed a $40 million fundraising round on July 15, 2026, with Grupo Salinas founder and chairman Ricardo Salinas serving as cornerstone investor. Jeff Booth and Lyn Alden, among other bitcoin investors, also participated in the round. Ruben Zweiban was appointed as operating partner responsible for day-to-day operations; he previously served as investment banker at BofA Securities, equity research analyst at JPMorgan Asset Management,
More
17:59

BHP Posts Record Iron Ore Output of 291.2M Tonnes in FY2026, Prices Rise 3% to $84.56/Tonne

According to BHP's production report, the mining giant's Western Australian operations achieved record iron ore production of 291.2 million tonnes on a 100% equity basis in FY2026, up 0.4% year-over-year from 290 million tonnes in FY2025. Average realized prices rose 3% to $84.56 per wet tonne in the fiscal year. For FY2027, BHP projects Western Australian iron ore production between 286 and 298 million tonnes.
17:57

Ukraine's Parliament Approves New Cabinet with 264-Vote Majority on July 16

According to Ukraine's international news agency UNIAN, Ukraine's Supreme Rada (parliament) approved a new cabinet of ministers nominated by new Prime Minister Sergey Kolesnikov today (July 16). A total of 264 lawmakers voted in favor of the appointment. The approved list excludes the posts of Defense Minister and Foreign Minister, which will be nominated by the President.
17:53

Spot Gold Slides to $3,999/oz After Philly Fed Manufacturing Survey Jumps to 41.4

According to Kitco News, spot gold prices declined on Thursday morning after the Philadelphia Federal Reserve's July manufacturing business outlook survey jumped to 41.4, far exceeding economist expectations of 13.0 and June's reading of 10.3. Following the 8:30 am ET release, spot gold fell to session lows, trading at $4,003.16 per ounce for a loss of 1.43% on the day.
17:52

Peter Schiff Warns Bitcoin Could Crash 70% to $20,000, Criticizes MicroStrategy's Capital Strategy

According to Peter Schiff, Bitcoin could fall toward $20,000 in a 70% decline from current levels, with the economist criticizing MicroStrategy's decision to raise capital through share issuance rather than selling part of its 847,000 BTC holdings. Schiff argued that the company's $450 million capital raise through common stock represents dilution of existing shareholders, particularly given that MicroStrategy's market value trades at a significant discount to its Bitcoin reserves. Schiff identi
More
17:51

Houthi Leader Threatens Saudi Oil Facilities on July 16 if Attacks Continue

According to Yonhapinfomax, on July 16, Abdul Malik al-Houthi, the leader of Yemen's Iran-backed Houthi rebels, warned that all Saudi oil facilities and critical infrastructure would become targets for Houthi missiles and drones if Saudi Arabia continues full-scale military attacks on Yemen. Al-Houthi stated in a statement that Saudi military operations against Yemen lack legal justification and are conducted in coordination with the United States and Israel.
17:47

White House Trump Coin Post Triggers TRUMP Memecoin Dip; 989K Holders Report $3.81B in Losses

According to the White House's official X account, the administration on Wednesday posted a nine-second video introducing Trump Coin, a $1 gold-finished commemorative piece for America's 250th birthday set for a fall release by the U.S. Mint in Philadelphia. The physical collectible sparked confusion with the TRUMP memecoin, a Solana-based token launched in January 2025, causing the token to dip briefly from $1.59 to $1.56 before stabilizing. The TRUMP token has declined more than 97% from its J
More
17:42

Trump Posted About Companies After Buying Their Stocks, Review Finds

According to CNN, a review found that President Trump posted about several companies on Truth Social shortly after purchasing their stocks. Trump made at least 44 stock purchases across 21 companies within days before posting about those firms on the platform. One example involved Nvidia: Trump bought between $200,000 and $500,000 of Nvidia stock days before posting that permits for the company would be expedited. The review also identified similar patterns with Tesla, U.S. Steel, Apple, and oth
More
17:37

Intel Shares Drop 6% to 2-Month Low as Nasdaq Falls 1.3%, Susquehanna Raises Target to $115 Signaling 20% Upside

On Thursday, Intel shares dropped over 6% to two-month lows amid broader weakness in technology, with the Nasdaq-100 falling 1.3%. Susquehanna analyst Christopher Rolland raised his Intel price target to $115 from $80, implying nearly 20% upside from current levels ahead of the company's Q2 earnings due July 23. Google Cloud and Intel deepened their collaboration, with Gemini Enterprise being deployed across Intel's global workforce to automate engineering and supply chain operations. Google Clo
More
17:37

U.S. Pending Home Sales Decline 5.4% in June, Miss Forecasts Amid Rising Mortgage Rates

According to the National Association of Realtors (NAR), pending home sales in the U.S. fell 5.4% month-over-month in June and declined 0.3% year-over-year, significantly underperforming economist expectations of a 0.5% decline. Lawrence Yun, NAR's chief economist, attributed the weakness to near-one-year mortgage rate highs and record-high median home prices nationwide, citing particular challenges for first-time homebuyers.