Gate Crypto Flash News and Market Updates

According to on-chain analyst Yu Jin, MicroStrategy currently holds 843,775 BTC (valued at $54.634 billion) with an average cost basis of $75,476, resulting in unrealized losses of $9.05 billion (-14.2%). Bitmine holds 5,777,468 ETH (valued at $10.861 billion) with an average cost of $3,376 per

According to Bitmine chairman Tom Lee, the company's Ethereum purchases slowed recently due to large-scale stock repurchases, though it has maintained its weekly ETH buying pace since launching its Treasury Strategy on June 30, 2025. Over the past week, Bitmine repurchased approximately 5.5

Morgan Stanley analysts on Tuesday called recent U.S. memory stock selloffs a 'healthy reset' rather than a cyclical turning point, according to market sources. The bank forecasts DRAM prices could rise 20%-30% quarter-on-quarter in Q3 2026, signaling optimism over near-term supply

According to BlockBeats citing Bit.com market data, US storage chip stocks rallied in premarket trading on July 20. SK Hynix ADR (SKHY.O) gained 5.01%, while Seagate Technology (STX) rose 3.41%, Micron Technology (MU) climbed 3.47%, SanDisk (SNDK) advanced 2.96%, and Western Digital (WDC)

According to Belgorod Regional Governor Dmitry Shvaev, Ukrainian forces attacked a passenger bus in the region today (July 20) using unmanned drones, killing 5 people and wounding 23 others. The fatalities included one minor, Shvaev said in a social media

According to BlockBeats, on July 20, SpaceX plans to order approximately 13,000 NVIDIA GB300 AI server racks from Foxconn, with a deal value potentially reaching $52 billion.

According to Jin10 citing Statistics Canada, Canada's June consumer price index (CPI) fell to 2.8% year-over-year on July 20, driven by lower gasoline prices and beating economist forecasts of 2.9%. Core inflation dropped to 1.85%, marking the lowest level since September 2020 and the first time in

According to Bitcoin.com News, Coinbase CEO Brian Armstrong said on July 20 that hash power leaving Bitcoin does not determine its price, citing the protocol's difficulty adjustment mechanism. Armstrong rejected billionaire investor Chamath Palihapitiya's argument that miners may redirect energy to

According to Citigroup strategists led by Scott Chronert, the "Magnificent Seven" framework has become outdated for evaluating U.S. artificial intelligence investment opportunities. The bank's latest report, released in July 2026, argues that the "Magnificent Seven" is "dead" as a structure for

According to Jin10, on July 20, the EU discussed at least three options to resolve the deadlock in its 21st sanctions package against Russia. Greece has blocked measures restricting European companies from transporting Russian liquefied natural gas to third countries. The proposed options include a

According to SoSoValue data, spot Bitcoin exchange-traded funds (ETFs) in the US saw net inflows of $75.67 million last week and $197.4 million the previous week. However, these inflows represent only a modest recovery, as the two-week total of $226.84 million falls far short of offsetting the $8

According to Fortune columnist Jeff John Roberts, on July 20, Coinbase's Layer 2 network Base acknowledged that its strategy to build a decentralized social platform was a failed direction. Base's lead Jesse Pollak admitted that the market lacks sufficient users willing to migrate from X and

According to Iran's FARS News Agency, a 5.2-magnitude earthquake hit Kermanshah Province in western Iran on July 20 morning, with a focal depth of 10 kilometers. The quake left 10 people injured, of whom 4 remain hospitalized and 6 have been discharged. No reports of major damage have been

According to Axios, the Trump administration is signaling a potential ban on advanced Chinese AI models amid the recent rise of China's Kimi AI, which has renewed internal discussions on such restrictions. Sources indicated that the administration has previously attempted to impose substantive restr

As of 8:29 p.m. on July 20, Hang Seng Index July futures traded at 25,103 points, down 49 points or 0.2% with a 40-point discount to spot. The contract ranged from a low of 25,075 points to a high of 25,248 points. Meanwhile, China Index futures fell 16 points or 0.19% to 8,371 points, trading at an

According to CNBC, the U.S. completed its ninth consecutive night of attacks on Iran yesterday (July 19) as it fights for control over the Strait of Hormuz. The U.S. death toll from the war rose to 17 after three service members were killed in recent fighting. Brent crude broke past the $90 per

Tempus AI, a healthcare technology company, is set to acquire Personalis at $16.25 per share, according to recent reports. The stock declined nearly 4% in pre-market trading on July 20 following the announcement.

According to BlockBeats, Bitmine repurchased approximately 5.5 million common shares last week at an average price of $15.6156 per share, as stated by chairman Thomas Lee on July 20. The company also added 7,430 ETH to its holdings, part of its ongoing Ethereum treasury strategy launched in

Canada's consumer price index declined 0.4% month-over-month in June, falling short of the forecasted -0.2% decline and marking a significant pullback from the 1% growth recorded in the previous month.

According to HTX Research head and chief analyst Andy Liu during a Huobi lecture on July 20, bitcoin's Q3 direction will be primarily driven by global liquidity conditions, ETF flows, and U.S. dollar strength. Liu noted that BTC has evolved beyond a native crypto asset to become a proxy for global d