Gate Crypto Flash News and Market Updates

According to Coinbase, users can now instruct the protocol to automatically purchase ETH if the price falls 5%. The feature allows traders to set predefined conditions for buy orders through the platform.

According to Odaily, OpenAI and Anthropic have recently conducted closed-door communications with U.S. regulators in Washington to push for stricter restrictions on open-source AI models. Multiple sources revealed the two companies aim to limit the proliferation of Chinese open-source models, which have lowered barriers for developers and enterprises to access advanced AI technology and enabled rapid global user adoption. OpenAI and Anthropic have expressed concerns about potential safety risks

According to Coinbase's official announcement on X, Coinbase Business is now available for registration.

Israeli Prime Minister Benjamin Netanyahu warned recently that if Iran attacks in any way, Israel will deliver a strong response. The statement underscores escalating tensions between the two countries.

According to Morningstar analyst Brian Colello, NVIDIA has gained only about 10% year-to-date, significantly underperforming AMD's 140% surge and Micron's 200% gain, causing its valuation to fall to its lowest level in five years. At the current stock price of approximately $212, analysts argue the market has already priced in excessive pessimism about the AI chipmaker's growth prospects. Colello estimates a fair value of around $280 based on 2029 fiscal year revenue projections, suggesting the

According to Reps. Ted Lieu (D-CA) and Nathaniel Moran (R-TX), on Thursday (July 24) they introduced the bipartisan AI Kill Switch Act, which would authorize the Department of Homeland Security to order emergency shutdowns of advanced AI models. The bill covers AI systems trained with over $100 million in compute and operated by companies earning at least $500 million annually from AI, applying to OpenAI, Google, Anthropic, Microsoft, and similar firms. HSD would set and update these thresholds

Morningstar DBRS downgraded Belgium's rating outlook to negative due to "weak fiscal prospects," while maintaining the country's AA credit rating, which ranks eight notches above junk status. The agency cited concerns over the nation's budget deficit, projecting Belgium's fiscal shortfall will remain the largest in the eurozone during the forecast period, despite government austerity measures and pension and labor market reforms.

According to Iran's military spokesperson Akraminia on July 26, the United States has no clear strategic pathway forward and faces a strategic impasse. Akraminia outlined three possible U.S. actions: withdrawing from the conflict, launching large-scale airstrikes under Israeli pressure, or conducting ground operations. Iran is monitoring U.S. moves and has prepared contingencies for all scenarios. The military spokesman noted that the conflict's geographic scope has expanded to the Strait of Man

According to CryptoQuant analyst Darkfost, Bitcoin has formed a significant liquidity cluster below current price levels, concentrated between $60,000 and $61,500. The analyst noted that in the coming days, market pullback and liquidation sweeps of this zone remain a possibility, as large stop-loss orders and leveraged positions tend to attract price movement and serve as key targets for liquidity release.

According to PolyMarket data, on July 26, the probability of a U.S. government ban on open-source AI models dropped to approximately 19%, down from above 60% just days earlier.

According to BlockBeats, on July 26, Binance CEO CZ responded to BitMEX and BitMart shutdowns and rumors of multiple centralized exchanges facing closure. CZ commented that the situation is "too cruel" and expressed hope that it signals the market bottom.

According to Iran's state news agency IRIB, a senior Iranian security official stated on July 25 that the Parchin facility is currently empty and heavily fortified. The official dismissed the U.S. strike as futile, saying that attacking an empty warehouse "only contributes to spreading disinformation" and has no real-world benefit. Iran's response, the official added, will extend beyond large-scale military operations.

According to crypto KOL Phyrex, BitMart and BitMex did not collapse due to fraud but rather faced business challenges driven by two key factors. First, the rise of Binance Alpha disrupted smaller exchanges by providing better listing opportunities for altcoins that previously relied on smaller platforms, significantly reducing their listing fees and co-trading revenues. Second, trading influencers frequently migrate between exchanges to pursue higher profits, causing smaller exchanges to lose us

According to Coinglass data cited by ChainCatcher, over $95.68 million in crypto positions were liquidated globally in the past 24 hours, with long positions accounting for $50.03 million and short positions $45.65 million. Bitcoin long liquidations reached $1.17 million while short liquidations hit $5.10 million. Ethereum saw $2.57 million in long liquidations and $8.08 million in short liquidations. A total of 53,869 traders were liquidated during the period, with the largest single liquidatio

According to Bloomberg, Iranian senior officials signaled that skepticism toward the U.S. and Israel outweighs optimism following the U.S. pause on attacks against Iran.

According to ChainCatcher, Aave founder Stani said on X platform that the U.S. CLARITY bill has entered its final stages of advocacy. He stated that once passed, the bill would be the first regulatory legislation targeting DeFi, providing clear legal framework and regulatory certainty for institutions, fintech companies, and banks to participate in on-chain finance. Stani noted that Aave's team has maintained close communication with U.S. policymakers in Washington in recent weeks, making this p

According to CryptoQuant analyst Darkfost, Bitcoin long-term holders (LTH, those holding for over six months) reached a record high of 16.3 million BTC on July 26, with an average cost basis around $49,400. At current prices, their unrealized gains stand at approximately 30%, which is relatively low compared to January 2025 when LTH unrealized gains peaked at about 340%.

According to the International Monetary Fund, the value of a series of sovereign wealth funds has more than doubled over the past decade.

According to Jin10 data, citing Arab satellite television and Saudi media Al-Hadath, Iran told Pakistani officials today (July 26) that it has not withdrawn from negotiations but has temporarily suspended them. Iran reaffirmed its willingness to resume talks and confirmed it is willing to continue discussions with the United States in Geneva, Qatar, or Islamabad.

Starting July 28, major U.S. companies will report Q2 earnings across the week. Monday after market close, Cadence Design (CDNS) and Rambus release results. Tuesday sees pre-market reports from Corning (GLW), Boeing, and Coca-Cola, followed by post-market filings from Seagate, NXP, and Ford. Microsoft, Meta, Qualcomm, ARM Holdings, and Lam Research report Wednesday after market close. Apple, Amazon, and Coinbase release earnings Thursday after hours. Friday opens with Chevron and ExxonMobil repo