Gate Crypto Flash News and Market Updates

According to Odaily and Gate data, silver rose 1.82% today to $55.743 per ounce, while gold increased 0.4% to $3,992 per ounce.

According to Today News, U.S. semiconductor stocks fell sharply on July 17 as investors took profits despite TSMC's positive earnings announcement. Market weakness was attributed to concerns over inflated expectations for artificial intelligence investments and elevated capital costs, while

China's Ministry of Commerce spokesperson on July 16 expressed strong opposition and displeasure over the UK government's decision to nationalize Jingye Group's British Steel operations through newly enacted

According to Jin10, China's central bank conducted 450.5 billion yuan in 7-day reverse repo operations today (July 17), while 20 billion yuan worth of 7-day reverse repos matured. The net injection reached 430.5 billion yuan.

According to Finom Group chief market strategist Seth Golden, Roundhill Magnificent Seven ETF (MAGS) recently saw its 12-day Rate of Change (ROC) break above 12%, a key technical threshold that historically signals the start of sustained bull trends in large-cap tech ETFs.
Year-to-date, MAGS has

According to Bits.media, Russia's final crypto regulation law added restrictions on July 17, prohibiting non-professional investors from purchasing foreign stablecoins, a group covering most of the country's residents. The law introduces the concepts of "foreign

According to Sequoia partners Dean Meyer and Konstantine Buhler, U.S. enterprises are increasingly relying on Chinese open-weight models like Qwen, Kimi, and DeepSeek for product foundations and training data. ATOM data shows Qwen's share among newly fine-tuned and adapted models jumped from 1% in

According to Calcalist, Instacart has acquired Arpalus, an Israeli artificial intelligence startup based in Netanya that uses computer vision to monitor supermarket shelves in real time. The deal, valued at tens of millions of dollars, marks Instacart's first Israeli acquisition and aims to narrow d

According to ChainCatcher, BSC-based project CrowdRingCircle (CRC) was targeted in a suspicious attack, resulting in losses of approximately $201,400, as detected by TenArmorAlert.

The People's Bank of China conducted a 450.5 billion yuan reverse repurchase operation today, with a 7-day maturity period at an operating rate of 1.40%, unchanged from the previous operation. Both the bid amount and awarded amount totaled 450.5 billion yuan.

According to BlockBeats and GMGN, TENDIES, a meme token on Robinhood chain, hit a new all-time high market cap of $31 million this morning (July 17). The token surged 112% in 24 hours with $16.4 million in trading volume during the same period. Current market cap stands at $17 million.

According to Seoul Economics, South Korea's KOSPI index plunged 6.37% on July 16, closing at 6,820.60 points and erasing the previous day's 6.24% gain of 7,284.41 points. Samsung Electronics fell 8.77% and SK Hynix declined 11.53%, leading the selloff on renewed concerns over memory chip price

According to the U.S. Attorney's Office for the Eastern District of New York, two Chinese nationals—Chen Zhuoying, 27, and Zhang Haojie, 38—were indicted on July 16 for money laundering conspiracy. The two allegedly operated a network through approximately 45 shell companies and 140 business bank ac

According to Iranian media, U.S. forces struck the Abadan Port railway hub early Friday morning. The facility is a key transportation infrastructure in southern Iran.

According to Guru Club, Apollo Global Management Chief Economist Torsten Slok said on July 17 that the classic 60/40 stock-bond allocation has become obsolete, replaced by a new framework: 60% AI-related exposure and 40% non-AI. Slok noted that AI momentum has permeated not only equities but also co

On July 17, the U.S. dollar strengthened against the Chinese yuan at the interbank foreign exchange market, with the USD/CNY midpoint rate rising 25 basis points to 6.7934.
Other major currency pairs against the yuan moved as follows: EUR/CNY fell 59 points to 7.7631; GBP/CNY declined 289 points to

Liquefied petroleum gas (LPG) main contract futures rose 2.00% intraday on July 17, reaching 5,277.00 yuan per ton.

According to Forbes, Australia's 50% capital gains tax discount for crypto assets held over 12 months will be abolished on July 1, 2027. It will be replaced by a 30% minimum capital gains tax rate and a cost base inflation indexation mechanism, following the nation's most significant tax reform in o

According to Benzinga's analysis of disclosed U.S. investment filings, President Donald Trump and former House Speaker Nancy Pelosi collectively held positions in 10 U.S. stocks as of 2026. The two employs distinctly different investment strategies: Trump executed over 21,000 stock trades in 2025 an

According to Bitcoin.com News, Patrick McHenry, the former chairman of the House Financial Services Committee, urged Congress on July 16 to pass the Clarity Act, calling it the most significant forward-looking technology legislation since the Telecommunications Act of 1996. The bill aims to