Gate Crypto Flash News and Market Updates

According to Foresight News, Bitwise Chief Investment Officer Matt Hougan cited analyst Marc Arjoon's data showing that over the past 7 days, crypto protocols with the fastest revenue growth averaged +3% returns, while those with revenue declines exceeding 20% averaged -4% returns, creating a 7

According to BlockBeats, Vietnam issued Decree 284/2026/NĐ-CP on July 20, establishing administrative penalties for unlicensed cryptocurrency trading. Investors trading on unauthorized platforms face fines up to 50 million Vietnamese dong (approximately $1,900), while unauthorized crypto

According to BlockBeats, AI infrastructure startup Infinity completed a $15 million funding round on July 20, bringing its valuation to $100 million. The round was led by Touring Capital and Principal VC, with participation from researchers at OpenAI and Anthropic.
Infinity develops universal AI in

According to Seoul Stock Exchange, KOSPI plunged 4.46% (304.33 points) to close at 6,516.27 on July 20, marking another sharp decline as Chinese AI startup MoonShot's release of its Kimi K3 model triggered market turmoil. The index fell 28.02% over the past month, significantly underperforming

According to Korea Exchange data released on July 20, South Korea's National Pension Service and affiliated pension funds purchased approximately 370 billion won worth of SK Hynix shares this month despite semiconductor sector weakness. The purchase reflects the fund's view that SK Hynix's stock

According to Bitget market data, on July 20, Nasdaq-100 components showed mixed intraday performance. Semiconductors, storage, and AI infrastructure sectors led gains, with Lumentum surging 7.37% on strong AI data center interconnect demand, Teradyne rising 5.27%, and Western Digital

Gate News message, according to Lookonchain Weekly Report for July 13-19, 2026, the stablecoin supply decreased by $1.24 billion last week. Meanwhile, centralized exchange trading volume rebounded during the same period. Institutional purchasing activity remained muted, with public companies

According to Jin10, on July 20, newly appointed UK Prime Minister Andy Burnham stated he will seek to leverage flexibility within existing UK fiscal rules to support the next budget. When asked whether he would increase borrowing for infrastructure investment, Burnham said, "I have stated we will co

According to Morgan Stanley, on Monday analyst Joseph Moore said the firm's preferred AI investments remain Nvidia Corp. (NVDA) and Broadcom Inc. (AVGO), while identifying memory stocks as a "compelling entry point" following the recent pullback. The VanEck Semiconductor ETF (SMH) fell 9% last

According to the company's statement, Bitmine Immersion Technologies increased its Ethereum treasury to 5,777,468 ETH over the past week, equivalent to 4.8% of ether's 120.7 million-token supply and worth approximately $10.8 billion. The company added 7,430 ETH during the week and is now 96%

According to Sky News, former UK Chancellor Reeves was previously offered another government position but declined the offer. The development comes as Reeves has already announced her resignation from her role as Chancellor.

According to foreign media reports on July 20, four senior UK cabinet ministers—Housing Minister Reed, Deputy Prime Minister Lammy, Finance Minister Reeves, and Business Minister Kale—resigned following Andy Burnham's appointment as Prime Minister. Reeves reportedly received an alternative

UK 10-year gilt yields rose to 5.025% intraday on July 20, marking the highest level since July 14, up 7 basis points for the day.

According to UAnalyze/Industry Data Center, Alphabet will report Q2 2026 earnings on July 22 (July 23 early morning Taiwan time), with market attention centered on the company's artificial intelligence data center and infrastructure capital expenditure plans. Intel is slated to report earnings on Ju

According to Trensik, a platform tracking verified real-world assets on the XRP Ledger (XRPL), tokenized U.S. Treasuries surged from $50 million in April 2025 to $418.5 million by April 2026, marking an 8x increase in one year. The sharp rise reflects growing institutional demand for regulated,

According to Foresight News, Base will launch native account abstraction (EIP-8130) in its September Cobalt upgrade, developed jointly with Optimism, Coinbase, and WalletConnect. The standard reduces USDC transfer gas consumption by 63.2% to 46,000 units (from 125,000) and cuts transaction byte

According to CryptoQuant analyst ScenarioX, Bitcoin's 30-day spot demand deteriorated to approximately -170K BTC as of July 20, down sharply from a brief recovery to -80K BTC in early July. The metric indicates persistent selling pressure despite recent price stability supported by short-term

According to Ansem, the current crypto market still has substantial growth potential, with Bitcoin trading 50% below its all-time high and Solana approximately 75% below its peak. The current cycle features more mature infrastructure compared to previous cycles, including improved mobile trading

According to Odaily, Skyfall AI, a startup founded by former Microsoft AI researchers, has announced plans to invest up to $1 million to acquire and operate a small B2B SaaS or e-commerce company under full AI management. The experiment aims to validate whether an AI system can effectively oversee c

According to Axios, the Israeli military will withdraw from a pilot zone in southern Lebanon on Tuesday, July 21, based on statements from Israeli senior officials.